AUDUSD can make new lows ๐ฆ
AUDUSD on the daily chart is currently testing a weekly support around the 0.7000 price area.
The price after the recent retracement at the 0.72700 started a downtrend that can continue if the break of support will happen.
How can i approach this scenario?
We will wait for the EU market open and for a potential break of structure, in that case, i will check for a nice short order according to the Plancton's academy rules.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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 price after the recent retracement at the 0.72700 started a downtrend that can continue if the break of support will happen.
How can i approach this scenario?
We will wait for the EU market open and for a potential break of structure, in that case, i will check for a nice short order according to the Plancton's academy rules.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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
ืืขืจื:
the market is attempting the break
ืืขืจื:
after the retest of the 0.5 the market looking now for a lower low
ืืขืจื:
looking for the next bearish leg
ืืขืจื:
moving to the support area
ืืขืจื:
Almost 2% call
