NASDAQ 10k soon? 🦐
已更新
NASDAQ on the daily chart after the last retracement touched the resistance area at the 0.618 Fibonacci level and moved lower to the previous support.
The price looks weak and a lower low to the 10k can be expected.
How can i approach this scenario?
I will wait for a clear break of the 11k zone and in that case, i will be looking for a nice short according to the Plancton's strategy rules.
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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 looks weak and a lower low to the 10k can be expected.
How can i approach this scenario?
I will wait for a clear break of the 11k zone and in that case, i will be looking for a nice short according to the Plancton's strategy rules.
–––––
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.
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looking for the break of the demand zone
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