Australian Dollar / U.S. Dollar
Long
Updated

AUDUSD on a bullish move 🦐

219
This currency pair after the recent low started an uptrend move where the market clearly tested the 0.5 and the 0.618 Fibonacci level.
The 0.7000 zone is surely a strong level and we will check if the bulls will have enough strength to break above.

How can i approach this scenario?

I will wait for a potential break above the resistance area and in that case i will look for a nice long order according to the Plancton's strategy rules.


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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
Note
snapshot a break of the resistance will be needed to confirm the idea

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