AUDCHF a bounce at the 0.618 🦐
Updated
AUDCHF on the 4h chart after the double top at the weekly resistance retraced into a descending channel .
The price after breaking below the minor support touches the 0.618 Fibonacci level and now testing the weekly resistance.
According to Plancton's strategy, if the market will break above, we can set a nice long 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 price after breaking below the minor support touches the 0.618 Fibonacci level and now testing the weekly resistance.
According to Plancton's strategy, if the market will break above, we can 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.
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