UK100 on the daily chart after the huge drop due to the Coronavirus started a retracement move.
The market after hitting the 6500 level starts to move in a descending channel until exactly the 0.618 fib retracement where it created a new impulse until the 6500 level again, over a daily support.
IF the price will break below the 6350 level we can wait until the next inversion for a nice long order, if the price instead will break and close above the 6500 structure we will set a buying order
âââââ
Follow the Shrimp đŠ
Keep in mind.
âą đŁ Purple structure -> Monthly structure.
âą đŽ Red structure -> Weekly structure.
âą đ” Blue structure -> Daily structure.
âą đĄ Yellow structure -> 4h structure.
âą 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
The market after hitting the 6500 level starts to move in a descending channel until exactly the 0.618 fib retracement where it created a new impulse until the 6500 level again, over a daily support.
IF the price will break below the 6350 level we can wait until the next inversion for a nice long order, if the price instead will break and close above the 6500 structure we will set a buying order
âââââ
Follow the Shrimp đŠ
Keep in mind.
âą đŁ Purple structure -> Monthly structure.
âą đŽ Red structure -> Weekly structure.
âą đ” Blue structure -> Daily structure.
âą đĄ Yellow structure -> 4h structure.
âą 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
Kommentera:
as expected!
Kommentera:
nIce bullish continuation
