Gold on the daily chart shows both signals of inversion, double bottom and triple bottom.
The price is now trading near to a weekly structure and we can see 2 possible scenarios.
If the price will break above we will look for a long position according to Plancton's strategy. On the other hand if the price will move lower we will search for a short position. --–– 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
Agree!