NZDUSD on a double top đŠ
NZDUSD on the 4h chart after our previous analysis reached as expected the monthly resistance.
The market created a double top over the structure with 2 equal highs and is now trading above the 0.64500 support.
How can i approach this scenario?
We will wait for a potential break of the support area and in that case i will look for a nice short order according to the Plancton's academy rules.
âââ
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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 created a double top over the structure with 2 equal highs and is now trading above the 0.64500 support.
How can i approach this scenario?
We will wait for a potential break of the support area and in that case i will look for a nice short order according to the Plancton's academy rules.
âââ
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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.
Kommentera:
ready for the break
Kommentera:
the market moved lower as expected
Kommentera:
moved as expected
