After a nice bull run, the price is testing 0.5 Fibonacci level on the daily timeframe . The price is creating a descending channel and it's trying to have a breakout. IF the price will have a breakout and flip the 4h resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.