Downloading...

AUDNZD can break the channel? 🦐

411
AUDNZD on the daily is trading near to the weekly support into a retracement channel.

The market is now testing the upper trendline and according to Plancton's strategy if the price will break above and satisfy the ACADEMY rules we will set a nice long order.

--––
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
tradingview.com/x/3LNpD6CW/a perfect trendline rejection
Note
snapshot breaking the channel as expected
Note
snapshot as expected
Note
snapshot testing the newer channel

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.