AUDJPY on a lower low 🦐

19 ม.ค. 2023

AUDJPY on the 4h chart is moving within a huge range.
The price after the last bullish impulse took the liquidity at the range's high and is now dropping to the lower support.
The market is testing a weekly ascending trendline and later will probably move to the structure.

How can i approach this scenario?
I will wait for a potential break of the area and if that will happen i will look for a nice short order according to the Plancton's strategy rules.



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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.