NASDAQ on the 4h chart after the recent bullish impulse create a double top below a daily resistance.
The price at this stage couldn't break above and after the double test of the structure is moving for a 2nd test of the support area.
How can we approach this scenario?
We will wait for a break of the support and if that will happen i will search for the Plancton academy rules to set a nice short order.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.