AUDCAD for a lower low 🦐
AUDCAD on the 4h chart is creating a descending wave.
The price after the perfect retest of the previous support now turned resistance is looking for a new recent low.
According to Plancton's strategy if the market will break below and satisfy the ACADEMY rules we will set a nice short 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
The price after the perfect retest of the previous support now turned resistance is looking for a new recent low.
According to Plancton's strategy if the market will break below and satisfy the ACADEMY rules we will set a nice short order.
----
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
Comment:
break below
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testing the support, we ll check for a lower low here
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as expected
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excellent analysis
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waiting for the lower low
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a bounce over the support
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double bottom over the support
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