GBPNZD a long opportunity 🦐
GBPNZD on the daily chart is moving in a range between a daily support and a strong monthly resistance.
The price is now pushing to break the structure at a confluence zone with a descending trendline.
According to Plancton's strategy if the market will break above and the Academy conditions will be satisfied we can 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.
The price is now pushing to break the structure at a confluence zone with a descending trendline.
According to Plancton's strategy if the market will break above and the Academy conditions will be satisfied we can 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:
respecting the resistance
Comment:
still respecting the resistance, no break yet