GALAUSDT is creating a pennant

٩ أغسطس ٢٠٢٢

the price is creating a penannt below an important resistance at 0.066 weekly resistance.
The price bounced on the 0.5 Fibonacci level.

How to approach it?
IF the price is going to have a breakout from the pennant and weekly resistance and CONFIRM the weekly support, 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 🦐