GOLD after the bounce on the 1825 structure retraced inside an ascending channel until the 0.382 Fibonacci level.
The price lost strength and now is near to the lower trendline of the channel.
According to Plancton's strategy, If the market will break below, we can 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
The price lost strength and now is near to the lower trendline of the channel.
According to Plancton's strategy, If the market will break below, we can set a nice short order.
--––
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
Comment:
Price is testing the lower trendline, we d like to see a break below
Comment:
The market is moving to 1825 level
Comment:
continuation of the bearish move