USDZAR testing the structure 🦐

USDZAR on the 4h chart is testing the support area after the test of the 0.382 Fibonacci level.
According to Plancton's strategy if the price will break below we will set a nice short 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Komentarz:

testing the support

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as expected

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nice break below as expected

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looking for a lower low

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possible flag formation

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price still moving in the flag

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still moving inside the channel

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ready for a break below

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testing the support

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the price still move in the channel

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the price bounce over the support