Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: NASDAQ double bottom at the 0.618
NASDAQ on the 4 chart tested exactly the 0.618 where the price created a double bottom over it before starting an impulse to the upside.
The market has now broken the descending channel and is testing the 0.382 level.
According to Plancton’s strategy if the price will break above and the conditions will be satisfied we will set a nice long order.
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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. [/s2If]
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