USDCHF on a triangle pattern? 🦐
USDCHF on the 4h chart is moving between 2 converging trendlines.
The price has bounced a few times over the support at the 0.618 Fibonacci level.
According to Plancton's strategy IF the market will break above the descending trendline and satisfy the ACADEMY rules we will set a nice long 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 price has bounced a few times over the support at the 0.618 Fibonacci level.
According to Plancton's strategy IF the market will break above the descending trendline and satisfy the ACADEMY rules 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:
Comment:
the price break above the trendline