AUDUSD on the 4h chart after the recent low over the daily support retraced to the 0.786 Fibonacci.
The price is now creating an inversion after a double test of the resistance sructure.
How can i approach this scenario?
I will wait for the EU market open and if the market will break below will set 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
The price is now creating an inversion after a double test of the resistance sructure.
How can i approach this scenario?
I will wait for the EU market open and if the market will break below will set a nice short order according to the Plancton's strategy rules.
–––––
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
ความคิดเห็น:
looking for the lower low
ความคิดเห็น:
bear flag
ความคิดเห็น:
a 150 pips call