NZDUSD after the test of the weekly support started a move to the upside.
The market has now reached the upper trendline of the minor descending channel around a daily support.
According to Plancton's strategy if the market will provide an inversion and the rules will be satisfied we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The market has now reached the upper trendline of the minor descending channel around a daily support.
According to Plancton's strategy if the market will provide an inversion and the rules will be satisfied we can set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Commento:
new test of the descending trendline
Commento:
the price move to test the resistance area
Commento:
as expected
Commento:
100 pips!
Commento:
moving higher, current retest of support