after a very nice bullrun the price is testing 0.5 Fibonacci level on the daily timeframe. The pice could reach 0.618 Fibonacci level before a bounce. IF the price will bounce on 0.618 Fibonacci level and will break the descending channel, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
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.
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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.
Note
bounced on 0.618 Fibonacci level as expected.Waiting for the breakout
Note
bounced on 0.618 Fibonacci level as expected.Waiting for the breakout
Note
The price had a breakout as expected. Waiting for the confirmationsNote
Breakout as expected!Note
29% since my idea. Waiting for the next breakout
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.