AUDJPY on a rising wedge? 🦐

AUDJPY after our last analysis retest the weekly resistance.
The price created a rising wedge formation near the 0.618 Fibonacci retracement.
According to Plancton' strategy, if the condition will be satisfied, we can set a nice short order.


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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.

Yorum:

nice break below

Yorum:

the lower trendline support the price