NZDUSD on a confluence area 🦐

NZDUSD on the 4h chart is testing the 0.5 Fibonacci level at a confluence zone.

The market after the recent high started a retracement move and currently is testing a daily support.

According to Plancton's strategy if the price will break above the 4h structure and will satisfy the Academy rules we will set a nice long order.

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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.

تعليق:

nice impulse as expected

تعليق:

The price reached the resistance area as expected but never managed to break above, perfect rejection