AUDUSD look for the 0.66500 🦐
AUDUSD on the 4h chart after the 2nd test of the 0.68750 zone moved lower to the weekly support.
The market has been trading over an ascending trendline and always respected the dynamic support.
How can i approach this scenario?
I will wait for a potential break of the confluence area and if that will happen i will belooking for a nice short order according to the Plancton's strategy rules.
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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 has been trading over an ascending trendline and always respected the dynamic support.
How can i approach this scenario?
I will wait for a potential break of the confluence area and if that will happen i will belooking for a nice short order according to the Plancton's strategy rules.
–––––
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:
waiting for a clear break