The price is testing the weekly resistance after getting the liquidity as I told you in my previous idea.

on the 4h timeframe the price is creating a descending channel below the 4h supply zone where the price got a rejection.

How to approach?
The price needs to have a breakout from that area and flip the supply zone into new demand zone . so 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 🦐