AUDSGD on the 4h chart after hitting the weekly resistance started a retracement move. The price is forming a possible head shoulder pattern and if if the market will break below the neckline we can look for a short position. On the other hand, the descending channel could hole the price and bounce over it for the next bullish leg.
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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the market moves to the support zone
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nice move
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bearish scenario won
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retest of the resistance and new recent lows on the way
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