USDCHF after the liquidity grab over the monthly resistance got sharply rejected and moved lower.
Yesterday's news pushed the DXY lower and the market lost the 2% in a day.
How can i approach this scenario?
Being the last trading day after a drop i will wait for some retracement move and on the beginning of next week i will looking for a nice short order according to the Plancton's strategy rules.
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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.
Yesterday's news pushed the DXY lower and the market lost the 2% in a day.
How can i approach this scenario?
Being the last trading day after a drop i will wait for some retracement move and on the beginning of next week i will looking for a nice short order according to the Plancton's strategy rules.
--––
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:
a 2.5% profit call
Comment:
new recent low for a 280 pips call