USDCHF can take a break? đŠ
USDCHF on the 4h chart is trading at the recent highs.
The price is in a bull trend and creates a possible double top below a monthly resistance.
How can I approach this scenario?
I will wait for the EU market open and check for a possible break below the support area.
In that case, i will look for the Plancton's strategy to be satisfied and set a nice short order
--ââ
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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 is in a bull trend and creates a possible double top below a monthly resistance.
How can I approach this scenario?
I will wait for the EU market open and check for a possible break below the support area.
In that case, i will look for the Plancton's strategy to be satisfied and set a nice short order
--ââ
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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.
Kommentera:
the market is now testing the support area, we ll be looking for a potential break
