ARPAUSDT is creating the M pattern

By InkyGrip
Updated
The price is creating a clear M pattern on 4h timeframe after a nice pump from the demand zone on 0.03$
How to approach it?
IF the price is going to lose the support and retest the neckline as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐
Comment
the price is testing the support.
More down if the market is going to have a breakout from its support
snapshot
Harmonic PatternssupportsupportandresistancezonessupportoTrend Analysis

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