CADCHF testing a weekly support 🦐
CADCHF after the recent highs broke the ascending channel and moved to the support area at 0.73500.
The market from there can bounce for a retest of the previous support now turned resistance and then break below.
We will be ready to set a nice short order according to Plancton's strategy if the conditions will be satisfied.
-–––
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
The market from there can bounce for a retest of the previous support now turned resistance and then break below.
We will be ready to set a nice short order according to Plancton's strategy if the conditions will be satisfied.
-–––
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
Comment:
testing the support
Comment:
the price bounce over the weekly support