NEARUSDT is creating equal lows. Ready for the reverse trade?

8 มิ.ย. 2022

The price lost important support from 7.3$ where the market created an M pattern and the price retested as new resistance.
On the daily timeframe the price bounced from 5.1$ where the market creates a demand zone.

on 4H timeframe the price is creating equal lows on 5.1$

How to approach it?
The price could grab the new liquidity from the demand zonw on 5$ and create a reversal movement, According to Plancton's strategy, we can set a nice order
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Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

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Follow the Shrimp 🦐