GOLD on the 4h chart after the recent high dropped at the 1660 level and tested a confluence zone between a descending trendline and static support.
The price might provide some retracement to the 0.5 Fibonacci level.
How can i approach this scenario?
According to Plancton's strategy IF the market will break below the support area i will consider a nice short order.
--ââ
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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
The price might provide some retracement to the 0.5 Fibonacci level.
How can i approach this scenario?
According to Plancton's strategy IF the market will break below the support area i will consider a nice short order.
--ââ
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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Kommentera:
possible lower low ahead
Kommentera:
almost 2% call here
Kommentera:
2.7% profit and possible double bottom
Kommentera:
retest of the supply area
Kommentera:
after the retest of the liquidity the market is moving lower
