AUDCHF on a double top? 🦐
Aktualisiert
AUDCHF on the 240min chart has created a double top pattern.
After such a figure the price should move to the lower side of the market and I can spot a support ascending trendline that can confirm my idea.
How can i approach the scenario?
I will wait for the European market to open and check for a potential break and rates of the support area .
In that case, I 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
After such a figure the price should move to the lower side of the market and I can spot a support ascending trendline that can confirm my idea.
How can i approach the scenario?
I will wait for the European market to open and check for a potential break and rates of the support area .
In that case, I 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
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