XAUUSD looking for the 1750? 🦐
Updated
GOLD on the daily chart is trading below a daily resistance.
The price after a double bottom over the 1700 level is now attempting for a break above.
How can I approach this scenario?
I will wait for the EU market open and if the market will satisfy the Academy rules I will 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
The price after a double bottom over the 1700 level is now attempting for a break above.
How can I approach this scenario?
I will wait for the EU market open and if the market will satisfy the Academy rules I will set a nice long order.
--––
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
Note
Currently breaking the structure, some more confirmations will be needed based on Plancton's strategy
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