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InkyGrip
Oct 15, 2020 7:56 AM

NZDCAD is testing the neckline and 0.5 Fibonacci level 🦐 Short

New Zealand Dollar / Canadian DollarFOREX.com

Description

NZDCAD is testing the neckline and 0.5 Fibonacci level (weekly).
If the price will break the weekly support and retest as resistance, According to Plancton's strategy, we can set a nice 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.

Comment

Everything as expected, now the price is testing weekly support

Comment

Everything as expected

Comments
PolarHusk
Would be Bearish if the trendline support breaks down. Thanks for sharing your idea 🐻‍❄️😃
InkyGrip
@PolarHusk, thanks mate
bobber70
thanks bro
InkyGrip
@bobber70, appreciate it
Solldy
Yes, I agree with you)💥
InkyGrip
@Solldy, great!
Helical_Trades
smells like blood
If we break that ascending chart, we will see that pretty movements on descending channel :D
InkyGrip
@Helical_Trades, yes! thanks bro!🦐🚀
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