NZDCAD on a double top at the 0.618 ๐ฆ
์
๋ฐ์ดํธ๋จ
NZDCAD on the daily chart after the recent lows retraced exactly at the 0.618 Fibonacci level near to the 0.88 level.
The market ended up creating a perfect double top and is currently testing a weekly support.
How can we approach this scenario?
Being both the double top and the 0.618 potential reversal point we will wait for a possible break below the support area and in that case we will move on the 4h timeframe to check for a possible entry point.
According to Plancton's strategy if the conditions will be satisfied we will set a nice short order.
----
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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 market ended up creating a perfect double top and is currently testing a weekly support.
How can we approach this scenario?
Being both the double top and the 0.618 potential reversal point we will wait for a possible break below the support area and in that case we will move on the 4h timeframe to check for a possible entry point.
According to Plancton's strategy if the conditions will be satisfied we will set a nice short order.
----
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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
๋
ธํธ
๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
์ด ์ ๋ณด์ ๊ฒ์๋ฌผ์ TradingView์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ธ์ต, ํฌ์, ๊ฑฐ๋ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ๊ณ ์ฌํญ์ ์๋ฏธํ๊ฑฐ๋ ๊ตฌ์ฑํ์ง ์์ต๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ๊ณ ํ์ธ์.