EURNZD can move lower ðĶ
āļāļĩāđāļāļąāļāđāļāļ:
EURNZD on the daily chart is moving in a downtrend and the market after the recent lows retraced at the 0.618 fibonacci level over a weekly resistance.
Remaining the trend in a bearish scenario i can expect a lower low with the market that currently testing a confluence zone that can break below anytime.
How can i approach this scanrio?
I will monitor the market during the Europen session and in the case that will break below, i will move on the 4h timeframe to set a nice short order according to the Plancton's academy rules.
âââââ
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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.
Remaining the trend in a bearish scenario i can expect a lower low with the market that currently testing a confluence zone that can break below anytime.
How can i approach this scanrio?
I will monitor the market during the Europen session and in the case that will break below, i will move on the 4h timeframe to set a nice short order according to the Plancton's academy rules.
âââââ
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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.
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Similar to other EU pair the price is now turning and testing confluences area
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