AUDCHF on the 4h chart after the recent retes of the 0.382 is looking for a lower low move.
The price after the peak couldn't create new highs and a further retracent is expected.
How can i approach this scenario?
After the triple test of the resistance area i i will wait for a possible break of the support and in that case, i will check for a nice short 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
The price after the peak couldn't create new highs and a further retracent is expected.
How can i approach this scenario?
After the triple test of the resistance area i i will wait for a possible break of the support and in that case, i will check for a nice short order according to the Plancton's strategy rules
--––
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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
