CHFSGD on the daily chart is moving inside a descending channel.
The price hit and got rejected by the upper trendline around 1.50 level and hit the ema21.
On the 4h chart the market hit the lower trendline of a minor descending channel.
IF the price will break below the minor structure at 1.49200 we will set a nice short order according to Plancton's...
CHFSGD on the daily chart bounce at the top of the desceding channel at 1.50 area.
The price on the daily chart turn into a bearish scenario.
IF the price will close the 4h candle below the support structure at 1.49400 we will set a nice short order according to Plancton's strategy.
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Keep in mind.
🟣 Purple structure -> Monthly...