TradingView
InkyGrip
Jun 8, 2021 5:54 AM

NZDJPY on a bear flag 🦐 Short

New Zealand Dollar / Japanese YenFOREX.com

Description

NZDJPY is moving inside a minor ascending channel for a test of the 0.5 Fibonacci level.
According to Plancton's strategy if the price will break the flag we will set a nice short 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.

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a mini flag after the flag

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as expected

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as expected

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bouncing over the support

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nice bearish move as expected

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lower low
Comments
MaggieLuzp
Nice to meet method. Carry on
InkyGrip
@MaggieLuzp, awesome appreciate it 😉
MarcellusLUX
Nice bear flag, waiting for a breakdown :)
InkyGrip
@SensibullTrading, cool thanks mate 🦐
financialflagship
Clean chart and detailed analysis. Thanks for sharing your insights. 🙌
InkyGrip
@financialflagship, you are welcome 🦐
KlejdiCuni
Beautiful Chart!
InkyGrip
@KlejdiCuni, happy to hear that 🦐
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