The price is testing the previous support as new resistance on the daily timeframe after a retest onf 0.786 Monthly support.
On the 4h timeframe the price had a breakout from the 4h resistance and now it's testing the previous resistance as new support inside a bear flag
How to approach? IF the price is going to have a breakout from the bear flag 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 🦐
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so far so good! 10% since my analysis.
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a Perfect analysis! The price had a breakout from our structure and printed 10%. congrats Planctoners!
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11% as expected
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18% 😎
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33% 😎
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The price is testing the daily support. The market needs to hold the 58$ or we can see a new bearish impulse until 51$
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