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InkyGrip
Oct 14, 2020 6:38 AM

AUDJPY a possible break below? ๐Ÿฆย Short

Australian Dollar / Japanese YenFOREX.com

Description

โ‹…
AUDJPY on the daily chart is creating a bear flag.
The market has created a minor uptrending channel and yesterday the price hit the lower trendline of it.
IF the price will break and close below the 750.450 area and consequently break the channel and the support structure, we will set a nice short order according to Plancton's strategy.


โ€“โ€“โ€“โ€“โ€“
Follow the Shrimp ๐Ÿฆ

Keep in mind.

โ€ข ๐ŸŸฃ Purple structure -> Monthly structure.
โ€ข ๐Ÿ”ด Red structure -> Weekly structure.
โ€ข ๐Ÿ”ต Blue structure -> Daily structure.
โ€ข ๐ŸŸก Yellow structure -> 4h structure.
โ€ข โšซ๏ธ 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.
Comments
jojofang0901
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seeing similar setup as well, thx for sharing.
InkyGrip
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@jojofang0901, thanks buddy
Dave-FX-Hunter
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another great setup mate
InkyGrip
โ‹…
@DaweFXHunter, thanks for your comment! ๐Ÿฆ
wijitha
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Great work
InkyGrip
โ‹…
@wijitha, thanks! ๐Ÿงจ
bobber70
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Agreed, just needs to close below that Support
InkyGrip
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@bobber70, yes dude โ˜„๏ธ
Fingernail
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Thank you
InkyGrip
โ‹…
@therazermantis, you are welcome ๐Ÿฆ
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