AUDUSD on a retracement move 🦐

21 Eki 2022

AUDUSD on the 4h chart is trading at the recent lows.
The price has started a choppy move between an ascending trendline and a minor resistance and a retracement to the upside can be expected.

How can i approach this scenario?

I will wait for the break of the structure and if the price will satisfy the Plancton's strategy rules i will set a nice long 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

21 Eki 2022

Not

testing now the reisistance

26 Eki 2022

Not

a 157 pips call

27 Eki 2022

Not

possible retest and inversion on the demand zone

28 Eki 2022

Not

test of the expected support

1 Kas 2022

Not

perfect turn at the demand zone as expected