GOLD a turn at the 0.618 🥇🦐

27 มิ.ย. 2022

XAUUSD on the 4h chart has retested the 0.618 Fibonacci level over a support area .
The price is trading around the 1830, at the 0.382 level, and i will look for a possible break of the descending channel .

How can i approach this scenario?

I will wait for a potential break of the descending trendline and in that case, i will look for the Plancton's strategy to 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger