plancton0618

USDNZD looking up 🦐

Long
FX_IDC:USDNZD   U.S. Dollar / New Zealand Dollar
USDNZD on the daily chart created a head and shoulder over a monthly trendline.
The price on the 4h chart after the last impulse retraced till the 0.618 fib level in a descending channel .
IF the price now will break and close above the resistance area we can set a nice long order according to Plancton's strategy.

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Follow the Shrimp 🦐

Keep in mind.

β€’ 🟣 Purple structure -> Monthly structure.
β€’ πŸ”΄ Red structure -> Weekly structure.
β€’ πŸ”΅ Blue structure -> Daily structure.
β€’ 🟑 Yellow structure -> 4h structure.
β€’ ⚫️ 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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