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