plancton0618

AUDJPY on a rising wedge? 🦐

Short
FOREXCOM:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY after our last analysis retest the weekly resistance.
The price created a rising wedge formation near the 0.618 Fibonacci retracement .
According to Plancton' strategy, if the condition will be satisfied, we can set a nice short order.


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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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: nice break below
Comment: the lower trendline support the price
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Comments

good one thank you
+1 Reply
@abel11, appreciate your feedback mate
Reply
Wonderful analysis here
Reply
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