GOLD can move higher? ðĶ
GOLD on the 4h chart is a t the top of a long bull run.
The price creates a strong seres of higher highs higher lows and currently the market is trading below a minor resistance.
How cab i approach this scenario?
Is risky to take long trade at the top of a trend but I will wait for the EU market open and, IF the price will break and close above, Ii will consider a nice long order according to the Plancton's strategy rules.
--ââ
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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
The price creates a strong seres of higher highs higher lows and currently the market is trading below a minor resistance.
How cab i approach this scenario?
Is risky to take long trade at the top of a trend but I will wait for the EU market open and, IF the price will break and close above, Ii will consider a nice long order according to the Plancton's strategy rules.
--ââ
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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
bullish continiuation
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
a new recent high
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
waiting for a new break of the resistance