AUDNZD possible scenarios 🦐
AUDNZD is on a bullish trend and market on the daily chart in a consolidation move at the top of the trend near a weekly resistance.
The market on the 4h chart is creating a symmetrical triangle that could make us at a continuation of the trend.
IF the market will break above the weekly structure we can set a nice long order according with Plancton's strategy.
On the other scenario IF the market will break below the 4h support structure we can look for a short order till the daily structure below.
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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.
The market on the 4h chart is creating a symmetrical triangle that could make us at a continuation of the trend.
IF the market will break above the weekly structure we can set a nice long order according with Plancton's strategy.
On the other scenario IF the market will break below the 4h support structure we can look for a short order till the daily structure below.
–––––
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.
Comment:
Market broke below the 4h structure
Comment:
waiting the break of the structure for continuation.