AUDUSD a turn at the 0.618 🦐AUDUSD on the 4h chart after the recent lowe retraced to the 0.618 Fibonacci
The price is now creating an inversion and is trading above the 0.5.
How can i approach this scenario?
I will wait for the EU market open and if the market will break below will set 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