After the previous idea where we made more than 24%, the price had a breakout from the weekly support on 1.17$.

at the moment the price is in the consolidation phase below the resistance and wants to retest the lower trendline of the falling wedge .

How to approach?
The price could create a new bear flag between the previous support now new resistance and the dynamic resistance, so, if the price is going to have a breakout from that structure, 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 🦐