AUDJPY on the weekly chart (left side) is now testing again a weekly strong resistance around the 76.400 area
At the beginning of June price hit and got rejected sharply by the resistance zone, hit the 0.5 fib retracement zone and start again a new impulse to the upside.
IF the market will break and close above the weekly structure we can look for a nice long position.
IF the market on the other hand turn again below the 75.000 area, we can look for a short order according with Plancton's strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
At the beginning of June price hit and got rejected sharply by the resistance zone, hit the 0.5 fib retracement zone and start again a new impulse to the upside.
IF the market will break and close above the weekly structure we can look for a nice long position.
IF the market on the other hand turn again below the 75.000 area, we can look for a short order according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.