SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move.
The price touches e exactly the 0.382 fib level and created a falling wedge.
IF the market will close and break above the 0.14300 area and consequently breaks the descending trendline we can set a nice long order according to Plancton' strategy.
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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.
The price touches e exactly the 0.382 fib level and created a falling wedge.
IF the market will close and break above the 0.14300 area and consequently breaks the descending trendline we can set a nice long order according to Plancton' strategy.
–––––
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.
