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DAX looking for new recent highs 🦐
DAX index on the daily chart is reaching an important resistance structure.
The price after retracing exactly at the 0.382 fib level over the lower trendline of the ascending channel, started a new strong bullish impulse on the enthusiasm of the covid vaccine.
When the price will break and close above the resistance structure we can set a nice long order according to Plancton's strategy.
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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.
The price after retracing exactly at the 0.382 fib level over the lower trendline of the ascending channel, started a new strong bullish impulse on the enthusiasm of the covid vaccine.
When the price will break and close above the resistance structure we can set a nice long order according to Plancton's strategy.
–––––
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.
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