the price had a breakout from the bullflag and monthly resistance due to the news.
After that, the price got a rejection from the daily resistance on 0.85$.
On 4h timeframe, the price s testing the previous resistance as new support and the price needs to grab liquidity to confirm the breakout of the monthly area on 0.78$.
How to approach?
If the price is going to have a breakout from the resistance area, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
After that, the price got a rejection from the daily resistance on 0.85$.
On 4h timeframe, the price s testing the previous resistance as new support and the price needs to grab liquidity to confirm the breakout of the monthly area on 0.78$.
How to approach?
If the price is going to have a breakout from the resistance area, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
註釋
The price needs to create a new breakout from the monthly resistance.
Keep calm
註釋
I'm still waiting for the new breakout.
Patience is the Key to Success in Trading
註釋
the price is testing the daily resistance after the breakout from the bull flag.11% so far
註釋
Wait for the last profit! 12% so far註釋
the price got a rejection from 0.92$ area and we are waiting for the last profit on VIP side.The monthly resistance is a key level, if the price is going to have a breakout from it the next resistance could be 1$
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