The price got a rejection from the 0.786 Fibonacci level after a bounce from the daily support at 190$. The price is testing the 4h support on 210$
How to approach it? IF the price is going to have a breakdown from the support and retest it as new resistance, 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 setup is still valid, wait for the downside movement
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