The price is creating a bear flag on 4 timeframes after the first pullback as I told you. What's the next? The price needs to hold the 4h support on 0.3$ after rejection on 0.5 Fibonacci level.
How to approach it? IF the price is going to have a breakdown from the support and retest as new resistance, 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 🦐
Catatan
Still valid if the price is going to lose the support
Catatan
the price retested exactly our structure before the monthly support
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.