AUDUSD tested the 0.618 🦐
AUDUSD on the daily chart tested with a retracement move the 0.618 Fibonacci level near to a daily resistance.
The market has then bounced over a weekly support at the 0.382 level.
According to Plancton's strategy If the price will break below and satisfy the ACADEMY conditions we will set a nice short order.
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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 then bounced over a weekly support at the 0.382 level.
According to Plancton's strategy If the price will break below and satisfy the ACADEMY conditions we will set a nice short order.
–––––
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:
the weekly support holds well
Comment:
as expected
Comment:
the market reached the trendline