USDCHF can retrace to the 0.97 🦐
USDCHF on the 4h chart after our previous analysis is looking for a retracement to the upside.
The price perfectly bounced over the support area and is currently trading below a minor resistance.
How can i approach this scenario?
I will wait for a possible break of the structure and in that case, i will look for a nice long order according to the Plancton's strategy.
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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.
The price perfectly bounced over the support area and is currently trading below a minor resistance.
How can i approach this scenario?
I will wait for a possible break of the structure and in that case, i will look for a nice long order according to the Plancton's strategy.
--––
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.
Komen:
waiting for a potential break above
Komen:
waiting for the potential break of the resistance
Komen:
a 125 pips call
Komen:
bullish continuation here
Komen:
the market reached the resistance
Komen:
moving higher for a 300pips call
Komen:
a great run for 340 pips
Komen:
breaking the monthly resistance right now
