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InkyGrip
Jan 19, 2021 6:25 AM

USDSGD on a counter channel 🦐 Short

U.S. Dollar / Singapore DollarFOREX.com

Description

USDSGD on the 4 chart is moving inside a daily descending channel.
The market after the bounce on the weekly support, bounce until the 0.786 Fibonacci retracements inside a channel.
If the price will break below, according to Plancton's strategy, we can 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.

Comment

Price is moving to the lower trendline of the channel

Comment

as expected
Comments
TheTradersAvenue
nice work bro!
InkyGrip
@TradingAxis, thanks a lot mate 🥇🥇
Mariobarretto
Nice chart
InkyGrip
@Mariobarretto, appreciate your comment my friend 🦐🦐🦐
FXtrades-gp
Well done plancton and good luck !
InkyGrip
@FXtrades-gp, thank you buddy 🥇
abel11
You're right on target.
InkyGrip
@abel11, thanks mate 🦐
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