NASDAQ on the 4h chart after the retest of the 13780 resistance close the week above the weekly trendline.
The price at this stage couldn't break below and after the double test of the 0.5 fib level is now trading above a minor support.
How can we approach this scenario?
We will wait for a break of the support and the US market open and if that will happen i will search for the Plancton academy rules to set a nice short order.
âââââ
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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 price at this stage couldn't break below and after the double test of the 0.5 fib level is now trading above a minor support.
How can we approach this scenario?
We will wait for a break of the support and the US market open and if that will happen i will search for the Plancton academy rules to set a nice short order.
âââââ
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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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