The price is testing the daily support on 60$ area inside a falling wedge on the 4h timeframe. The price needs to create a breakout from the 63$ area and retest it as new support. The market must to hold the dynamic daily support as well
How to approach? IF the price is going to have a breakout from the falling wedge and retest the 4h resistance as new support, 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 needs to create a clear breakout from the 4h resistance Let's see!
Nota
The price needs to create a clear breakout from the falling wedge
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