AUDCHF looking for a lower low? 🦐

١٧ يونيو ٢٠٢٢

AUDCHF on the daily chart is testing a weekly support.
The price after a series of lower low went for the last test of the 0.70500 area and search for the liquidity for the next bearish move.

How can i approach this scenario?

I will wait for the break below the structure and in that case i will look for 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger

١٧ يونيو ٢٠٢٢

ملاحظة

an 85 pips call

٢٠ يونيو ٢٠٢٢

ملاحظة

a 100 pips to the expected support

٢١ يونيو ٢٠٢٢

ملاحظة

stll testing the support

٢٢ يونيو ٢٠٢٢

ملاحظة

break of the support for an 150 pips

٢٣ يونيو ٢٠٢٢

ملاحظة

185 pips bearish run

٢٧ يونيو ٢٠٢٢

ملاحظة

a 3% call

٢٩ يونيو ٢٠٢٢

ملاحظة

270 pips to the support area

٣٠ يونيو ٢٠٢٢

ملاحظة

a bounce over the support

١ يوليو ٢٠٢٢

ملاحظة

a new low for a 4.3% profit call

٥ يوليو ٢٠٢٢

ملاحظة

retest of the support