AUDUSD has been moving inside an uptrending channel.
On the 4h chart price hit the lower trendline and got rejected.
The market after retracing tried to break the minor 4h structure and go for a new test of the channel for a possible break.
IF the market will break below the lower structure and consequently break the channel, we can set a nice short order according with Plancton's strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
On the 4h chart price hit the lower trendline and got rejected.
The market after retracing tried to break the minor 4h structure and go for a new test of the channel for a possible break.
IF the market will break below the lower structure and consequently break the channel, we can set a nice short order according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
