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InkyGrip
Nov 24, 2021 6:17 AM

NZDUSD can move lower ? 🦐 Short

New Zealand Dollar / U.S. DollarFOREX.com

Description

NZDUSD on the daily chart reached as expected the support area.
The price is now testing a dynamic support and according to Plancton's strategy IF the price will break below and satisfy the ACADEMY conditions 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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breaking below as expected

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Heading to the lower support as expected

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price reached the weekly support

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testing the support

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possible retracements ahead

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as expected, bounce over the support

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consolidation over the support

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breaking below

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as expected

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Comments
Delta_Forex_
great prediction
InkyGrip
@Delta_Forex_, cheers buddy 🦐
KlejdiCuni
Great technical setup!
InkyGrip
@KlejdiCuni, thanks mate 🦐
MMBTtrader
after breaking support more fall is ahead
InkyGrip
@MMBTtrader, cheers buddy 🦐
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