TradingView
InkyGrip
Jun 18, 2021 5:43 AM

CADCHF turned at the 0.618 🦐 Long

Canadian Dollar / Swiss FrancFOREX.com

Description

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.
––––
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.

Comment

the price bounces over the support as expected

Comment

as epxected
Comments
MMBTtrader
after retesting breakout huge rise is needed

well done
InkyGrip
@MMBTtrader, agreed 🦐
More