AUDJPY on the 4h chart is moving within a huge range. The price after the last bullish impulse took the liquidity at the range's high and is now dropping to the lower support. The market is testing a weekly ascending trendline and later will probably move to the structure.
How can i approach this scenario? I will wait for a potential break of the area and if that will happen 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 question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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