AUDCHF testing a 4h support 🦐
AUDCHF on the daily chart broke last week below the strong support at 0.64900 and went into a bearish move till 0.63800 at the bottom of the descending channel.
The price on the 4h chart retraced back until the previous daily support at 0.64600 and turn down again.
IF the market will break and close below the minor 4h support we will set a nice short order according to Plancton' strategy.
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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 on the 4h chart retraced back until the previous daily support at 0.64600 and turn down again.
IF the market will break and close below the minor 4h support we will set a nice short order according to Plancton' strategy.
–––––
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.