EURNZD on an inverted H&S 🦐

EURNZD after a long downtrend inside a descending channel created an inverted H&S pattern.
The market is now testing the neckline over the resistance and the top trendline for a nice market confluence.
According to Plancton's strategy, if the price will break above, we 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Commentaire:

the price is testing again the resistance

Commentaire:

the market is respecting the descending trendline

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perfect grinding below the trendline