GOLD on the 4h timeframe after our previous idea, reached as expected the 1800 area.
The market tested with a spike the 1810 structure and is now trading over a minor support.
How can i approach this scenario?
I will wait for a potential break of the structure and in that case i will be looking for a short order according to the Plancton's strategy rules.
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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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
The market tested with a spike the 1810 structure and is now trading over a minor support.
How can i approach this scenario?
I will wait for a potential break of the structure and in that case i will be looking for a short order according to the Plancton's strategy rules.
--––
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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Comment:
break and retest looking for our target here
Comment:
moving lower as epxcted
