GBPNZD on a break of the 4h structure 🦐
GBPNZD after breaking the ascending trendline found support at 1.93400.
The price went for a retest of the resistance zone and the trendline and now looks for the next bearish impulse.
IF the price will break and close below the support area we will set a nice short 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.
The price went for a retest of the resistance zone and the trendline and now looks for the next bearish impulse.
IF the price will break and close below the support area we will set a nice short 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.
Comment:
price broke below structure