EURCHF on the retest of a weekly resistance 🦐
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EURCHF on the daily chart broke below the weekly support and cut the ema for short.
On the 4h chart the price bounced over the lower trendline of the descending minor channel and now look for the retest of the weekly structure at the 0.618 fib retracement of the previous move.
If the market when hit the structure, will give us sign of inversion and break below, we will set a nice short order according to 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.
On the 4h chart the price bounced over the lower trendline of the descending minor channel and now look for the retest of the weekly structure at the 0.618 fib retracement of the previous move.
If the market when hit the structure, will give us sign of inversion and break below, we will set a nice short order according to 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.
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