PEOPLEUSDT is creating a Pennant
The price is creating a Pennant on the 0.382 Fibonacci level after a breakout from the daily resistance.
The price is testing the 4h resistance too.
How to approach?
IF the price is going to have a breakout from the 4h resistances and daily dynamic 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 🦐
