The price had a nice bull run until 97$ on 1.13 Fibonacci level. On the daily timeframe, the price lost the 88$ support. on the 4h timeframe, the price could retest the 78$ thee weely support after a retest of the previous daily support now the new resistance around 87-89$ where the price finds the 0.618 Fibonacci level.
How to approach? we will expect a retest of the daily resistance and a new rejection until 78$ weekly support. bearish short term, bullish after the bounce on 78$ 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 retested the 87$ on the daily resistance as I told you We could see a retest of the weekly support on 78$
let's see!
บันทึกช่วยจำ
Luna followed my drawing as I told you. We apply over and over our strategies to understand the market.