NASDAQ looking up 🦐

23 sty 2023

NAS100USD on the daily chart has created a triple bottom.
The market tested a few times the weekly support at the 10700 level and we notice how after the first 2 tests the market went up for a distribution phase.
It is interesting to see the liquidity grab before the next bearish leg to the support where, also thanks to the recent news we had a new inversion at the support level .

How can i approach this scenario?

IF the price will break above the resistance area we can set a nice long order 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.

23 sty 2023

Uwaga

Break as expected

24 sty 2023

Uwaga

looking for a test of the upper resistance

25 sty 2023

Uwaga

test of the 0.382 fibonacci

26 sty 2023

Uwaga

break retest and look for a recent high

27 sty 2023

Uwaga

3.8% profit and test of the upper resistance

27 sty 2023

Uwaga

5% call and new recent high

1 lut 2023

Uwaga

5% profit and bullish continuation opportunity

1 lut 2023

Uwaga

7% profit

2 lut 2023

Uwaga

8% profit call

3 lut 2023

Uwaga

10% profit

6 lut 2023

Uwaga

perfect test of the resistance

8 lut 2023

Uwaga

trading below the resistance level

9 lut 2023

Uwaga

consolidation below the structure, the imminent news can push the price above it