InkyGrip

CHFJPY on a new bearish leg? 🦐

Short
InkyGrip Updated   
FOREXCOM:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY after the last bearish impulse has retraced exactly at the 0.5 Fibonacci level.
The market is now consolidating below and according to Plancton's strategy if the price will move below the support at the 0.382 we will set a nice short order.
–––––
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:
ready for the break below
Comment:
moving as expected
Comment:
lower low as expected
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.