EURAUD on the test of the weekly structure (W/D/4h) 🦐
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EURAUD on the monthly chart has been moving inside a channel.
On the weekly chart market after the retracement till the weekly resistance has turn down and looking fot a test of the weekly support and the the dynamic trendline (red) .
On the 4h timeframe after the break of the structure (yellow) we see a string of red candle without any green one so being monday the last day of the month we can expect some retracement during next week.
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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 weekly chart market after the retracement till the weekly resistance has turn down and looking fot a test of the weekly support and the the dynamic trendline (red) .
On the 4h timeframe after the break of the structure (yellow) we see a string of red candle without any green one so being monday the last day of the month we can expect some retracement during next week.
–––––
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.
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