EURNZD double bottom over the 0.618 🦐

2020년 12월 18일

EURNZD after the last impulse retraced inside a descending channel.
The price hit the 0.618 fibonacci retracement and created a double bottom formation over it.
IF the market will break and close above the resistance structure, and consequently breaks the channel, we will 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.

2020년 12월 18일

노트

The markets attempt to break. False breakout

2020년 12월 21일

노트

as expected

2020년 12월 22일

노트

nice move until the previous high