AUDUSD a turn at the 50% 🦐
AUDUSD on the 4h chart has tested the 50% over a weekly support.
The market tested with some spike the 0.618 before moving higher to the previous recent highs.
How can i approach this scenario?
According to Plancton's strategy IF the market will break above the resistance i will set a nice long 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
The market tested with some spike the 0.618 before moving higher to the previous recent highs.
How can i approach this scenario?
According to Plancton's strategy IF the market will break above the resistance i will set a nice long 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:
expected move to the upside and test of the resistance
Comment:
test of the support