NASDAQ on the 4h chart after the recent bullish impulse create a double top below a daily resistance. The price at this stage couldn't break above and after the double test of the structure is moving for a 2nd test of the support area.
How can we approach this scenario?
We will wait for a break of the support and if that will happen i will search for the Plancton academy rules to set a nice short order.
βββββ Follow the Shrimp π¦
Keep in mind. π£ Purple structure -> Monthly structure. π΄ Red structure -> Weekly structure. π΅ Blue structure -> Daily structure. π‘ Yellow structure -> 4h structure. β«οΈ 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.
Turned out to be a good trade ππ» Iβve a question ,whatβs the number of moving average youβre using and how do you use it ? Is there a video about it in your youtube channel?
InkyGrip
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@Sobhan_23, hi you can get more info about our tool in our channel, thanks for the feedback
KlejdiCuni
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Thanks for sharing. Indexes are all moving down since yesterday. U.S is one day bearish and one day bullish...not clear at all.
InkyGrip
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@KlejdiCuni, agreed, unstable situation at the moment
Iβve a question ,whatβs the number of moving average youβre using and how do you use it ? Is there a video about it in your youtube channel?