AUDNZD testing a minor resitance 🦐
AUDNZD on the daily chart is moving inside a descending channel.
The market hit the top part and try to break below the structure at 1.08 before being pushed back above.
Currently the market is breaking below again and if the 4h candle will close below, at the reset of the structure we can set a nice short order according to Plancton's strategy.
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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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The market hit the top part and try to break below the structure at 1.08 before being pushed back above.
Currently the market is breaking below again and if the 4h candle will close below, at the reset of the structure we can set a nice short order according to Plancton's strategy.
–––––
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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Comment:
price continue the bearish move
