plancton0618

CADCHF turned at the 0.618 🦐

Long
FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
CADCHF on the 4h chart bounced over the weekly support at the 0.618 Fibonacci level.
The price is testing the descent trendline over a minor support near to the 0.382.
According to Plancton's strategy if the price will satisfy the conditions we will set a nice long order.
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Follow the Shrimp 🦐

Keep in mind.

β€’ 🟣 Purple structure -> Monthly structure.
β€’ πŸ”΄ Red structure -> Weekly structure.
β€’ πŸ”΅ Blue structure -> Daily structure.
β€’ 🟑 Yellow structure -> 4h structure.
β€’ ⚫️ 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.
Comment: the price bounces over the support as expected
Comment: as epxected
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Comments

after retesting breakout huge rise is needed

well done
+1 Reply
plancton0618 MMBTtrader
@MMBTtrader, agreed 🦐
Reply