plancton0618

GOLD ona bearish outlook 🦐

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD after the last bearish leg reached the lower trendline of a channel and retraced until the 0.5 fibonacci level.
IF the price will break below, according to Plancton's strategy we can set a nice short order.

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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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
Comment: price testing the support trendline
Comment: market seem ready to break below
Comment: price bounce over the support
Comment: waiting for a break below the support area
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Comments

nice chart,...



same view,.. thanks
+2 Reply
plancton0618 DiantaraTrader
@DiantaraTrader, nice!, thanks for sharing mate
Reply
great..i am bearish too

+2 Reply
@AmithS, Great thanks mate do you see a further move below the 1820 area?
+2 Reply
AmithS plancton0618
@plancton0618, yeah may be.. lets see :)
+1 Reply
@AmithS, nice! Thanks for sharing with us
Reply
Good work
+1 Reply
@Rossie19, thanks my friend 🦐
Reply
Good analysis
+1 Reply
plancton0618 Mariobarretto
@Mariobarretto, cheers mario! appreciate your words
Reply
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