EURNZD testing the 0.5 Fibonacci level 🦐
EURNZD after the last impulse over the weekly resistance started a retracement move.
The market is now testing the 0.5 Fibonacci level near to the weekly support.
According to Plancton' strategy if the price will break above and the conditions will be satisfied we will set a nice long 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
The market is now testing the 0.5 Fibonacci level near to the weekly support.
According to Plancton' strategy if the price will break above and the conditions will be satisfied we will set a nice long 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
Comment:
the market is moving lower for a test of the support, if the market will break below it will invalidate the idea
Comment:
perfect test and bounce over support