The price got a rejection from the weekly resistance where we were waiting for the flip for a long scenario. the price is testing the 0.618 Fibonacci level and the market had a breakout from the descending channel.
How to approach? The price could retest the demand zone on 18$, so 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 🦐
Nota
The price is following my drawing, an Amazing 12% so far 🎯
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