The price is testing a dynamic support at 1.123$ area above the weekly support at 1.05$
The price needs to grab new liquidity in order to have a new bullish impulse and retest the 1.3$ area.
How to approach it? IF the price is going to have a clear breakout from the 1.2$ area, 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 🦐
Note
the price is following the second arrow. Wait for the next bullish impulse and breakout
Note
The price got the liquidity as I told you, now we are waiting from the clear breakout
Note
The price followed my arrow and printed 9% so far. Now the price needs to confirm the 4h resistance flip to continue the bullish movement
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