KC after the last impulse at 134 level retraced back until the 0.786 of the previous leg at the 102 level.
From there the market started a new leg up until the daily resistance at 124.
Price retraced back and moved in a range between the 0.382 over a support and the resistance structure and recently broke above.
IF the price will not break below and give us new sign of inversion will be set a nice long order according to Plancton' s strategy.
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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.
From there the market started a new leg up until the daily resistance at 124.
Price retraced back and moved in a range between the 0.382 over a support and the resistance structure and recently broke above.
IF the price will not break below and give us new sign of inversion will be set a nice long order according to Plancton' s strategy.
–––––
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.
Kommentar:
the market bounces over the daily support