EU50 on the daily chart after the recent impulse retraced in a channel and perfectly retest the previous resistance now turn support at the 0.5 Fibonacci level.
According to Plancton's strategy IF the price will break above and satisfy the ACADEMY conditions we will set a nice long order.
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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.
According to Plancton's strategy IF the price will break above and satisfy the ACADEMY conditions we will set a nice long order.
--––
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.
Comment:
we d like to see the break above the 0.382 fib
Comment:
the upper trendline rejected the uptrend
Comment:
a nice move as expected
Comment:
almost reached the resistance area
Comment:
moving to the resistance structure