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NASDAQ looking up 🦐

NAS100USD on the daily chart has created a triple bottom.
The market tested a few times the weekly support at the 10700 level and we notice how after the first 2 tests the market went up for a distribution phase.
It is interesting to see the liquidity grab before the next bearish leg to the support where, also thanks to the recent news we had a new inversion at the support level .

How can i approach this scenario?

IF the price will break above the resistance area we can set a nice long order according to the Plancton's strategy rules.

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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.

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Break as expected

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looking for a test of the upper resistance

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test of the 0.382 fibonacci

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break retest and look for a recent high

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3.8% profit and test of the upper resistance

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5% call and new recent high

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5% profit and bullish continuation opportunity

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7% profit

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8% profit call

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10% profit

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perfect test of the resistance

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trading below the resistance level

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consolidation below the structure, the imminent news can push the price above it

InkyGrip

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InkyGrip