AUDCHF looking for a lower low? 🦐
AUDCHF on the daily chart is testing a weekly support.
The price after a series of lower low went for the last test of the 0.70500 area and search for the liquidity for the next bearish move.
How can i approach this scenario?
I will wait for the break below the structure and in that case i will look 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 a series of lower low went for the last test of the 0.70500 area and search for the liquidity for the next bearish move.
How can i approach this scenario?
I will wait for the break below the structure and in that case i will look 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
Comment:
an 85 pips call
Comment:
a 100 pips to the expected support
Comment:
stll testing the support
Comment:
break of the support for an 150 pips
Comment:
185 pips bearish run
Comment:
a 3% call
Comment:
270 pips to the support area
Comment:
a bounce over the support
Comment:
a new low for a 4.3% profit call
Comment:
retest of the support