USDCHF after hitting for a new test the resistance at 0.89200 retraced back creating a possible inverted h&s pattern.
If the market will move for a new test of the neckline and break above, we will set, according to Plancton's strategy 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.
If the market will move for a new test of the neckline and break above, we will set, according to Plancton's strategy 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 as expected
Comment:
price reached the resistance stucture
Comment:
Price reached the neckline!
Comment:
Inverted h&s completed 👏
Comment:
market reached the monthly resistance
Comment:
simply beautiful
Comment:
perfect bullish run!
Comment:
rejection by the monthly trendline
Comment:
break and retest