FOREXCOM:NZDUSD   āļ”āļ­āļĨāļĨāļēāļĢāđŒāļ™āļīāļ§āļ‹āļĩāđāļĨāļ™āļ”āđŒ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļ
NZDUSD on the 4h chart is trading at the top of a bullish trend inside an ascending channel.
The price after the recent impulse got rejected by the daily resistance and is now moving to the lower trendline.
I expect the price to reach the confluence zone between the weekly support and the trendline before the end of this week and i will monitor the price action around that level.

How can i approach this scenario?

If the price will carry on the retracement move I will wait for the break of the confluence zone and after that, i will check for a short opportunity and set a sell order according to the Plancton's strategy rules.

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Follow the Shrimp ðŸĶ

Keep in mind.
ðŸŸĢ Purple structure -> Monthly structure.
ðŸ”ī Red structure -> Weekly structure.
ðŸ”ĩ Blue structure -> Daily structure.
ðŸŸĄ Yellow structure -> 4h structure.
âšŦïļ 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.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
The market is now testing a minor support, i d like to see a break of the lower confluence area
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
perfectly following my drawing
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
perfect call here
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
115 pips delivered
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
125 pips call
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
another magic run predicted for 184 pips
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
expecting a lower low
āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš

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