CADJPY a turn at the 0.618 🦐
CADJPY on the 4h chart has retraced to 0.618 Fibonacci level.
The market is moving in a counter channel and has recently bounced over the lower trendline.
According to Plancton's strategy if the price will break and retest the support area we will set a nice short order.
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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.
The market is moving in a counter channel and has recently bounced over the lower trendline.
According to Plancton's strategy if the price will break and retest the support area we will set a nice short 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:
retracement to the support area
Comment:
nice bearish impulse
Comment: