The price had a breakout from the daily dynamic resistance and now is trying to have a breakout from the static resistance. On the 4h timeframe the price is below a supply zone on 7$.
How to approach? The price needs to create a new bullish impulse and breakout from 7$ and retest that area as new support. 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 🦐
บันทึกช่วยจำ
The price got a bullish impulse and got a rejection from the 4h resistance. After the rejection, the price bounced on the 0.618 Fibonacci level. Wait for the breakout from the 4h resistance
บันทึกช่วยจำ
The price had a breakout and now is trying to hold the new support