AUDUSD is testing an important weekly support around 70.250.
The price on the 4h chart has retraced until the 0.5 fib level and is now ranging between a minor resistance structure and the weekly support one.
IF the market will break and close below we will set a nice short 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 on the 4h chart has retraced until the 0.5 fib level and is now ranging between a minor resistance structure and the weekly support one.
IF the market will break and close below we will set a nice short 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.
