The price had a big bullish impulse after Facebook's news, and now the price comes back into the demand zone. the price is creating a descending channel below the daily resistance
How to approach it? IF the price is going to have a breakout and retest the 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.
⚫️ black structure -> <= 1h structure.
––––– Follow the Shrimp 🦐
Note
Wait for the breakout from the huge descending channel!
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