AUDNZD on a retracement move 🦐

FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD is inside a daily descending channel .
The price after hitting the 0.618 of the weekly fibonacci retracement bounce over it.
Now the market is testing a daily resistance area and if the price will break above the 1.05900 area we can set a nice long order according to Plancton'sa strategy.

Follow the Shrimp 🦐

Keep in mind.

β€’ 🟣 Purple structure -> Monthly structure.
β€’ πŸ”΄ Red structure -> Weekly structure.
β€’ πŸ”΅ Blue structure -> Daily structure.
β€’ 🟑 Yellow structure -> 4h structure.
β€’ ⚫️ 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.
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Great chart, mate!
+1 Reply
plancton0618 TopTradingSignals
@TopTradingSignals, appreciate it thanks
Thanks bro
+1 Reply
@bobber70, appreciate it mate

Nice chart,.... & same view sir,
+1 Reply
plancton0618 DiantaraTrader
@DiantaraTrader, you rock my friend
DiantaraTrader plancton0618
@plancton0618, thanks,
Great Analysis @plancton0618

This our analysis on this pair:
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