The price is testing the previous support as new resistance on the daily timeframe after a retest onf 0.786 Monthly support.

On the 4h timeframe the price had a breakout from the 4h resistance and now it’s testing the previous resistance as new support inside a bear flag

How to approach?
IF the price is going to have a breakout from the bear flag 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 🦐