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AUDCHF

A possible return from the meeting place of several resistances!At this time, the price is below the point where several static and dynamic resistances have met, and this issue reinforces the possibility of a return and price decline. In this case, equal to the valid Fibonacci correction percentage compared to the previous upward wave, the price is placed in the range of 161.8%, which coincidentally is equal to the 61.8% valid Fibonacci correction compared to the previous large upward wave.
Short
by khalil864
2
AUDCHF a turn at the 0.382 🦐AUDCHF on the 4h chart is trading between the recent high and the 0.382 in a distribution phase. The market is creating a series of higher highs and higher lows and according to Plancton's strategy IF the price will break above the resistance area i will consider 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 questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
by InkyGrip