MANAUSDT is testing creating a bearflag
The price is testing the monthly support after a bounce on the monthly support on 1.45$
on the daily timeframe the price lost the support and now the market wants to retest it.
on the 4h timeframe the price is creating a bearflag below the weekly resistance.
how to approach it?
IF the price is going to have a breakdown from the bearflag, 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 🦐