USDCNH on an inversted H&S 🦐
USDCNH on the 4h chart after a long downtrend starts a move inside a descending channel.
The market creates an inverted head and shoulder pattern with the opportunity of a break to the upside.
IF the price will break above, according to Plancton's strategy, we will be ready to 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 market creates an inverted head and shoulder pattern with the opportunity of a break to the upside.
IF the price will break above, according to Plancton's strategy, we will be ready to 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.
Yorum:
The market never break above yet
Yorum:
Ready for the break above
Yorum:
the price is still respecting the trendline
Yorum:
the grinding on the trendline continue
Yorum:
Nice break above as expected
Yorum:
Strong impulse, as expected
Yorum:
rejection by the resistance struture
Yorum:
a retest of the support area
Yorum:
the market perfectly retest the support area
Yorum:
price is testing the resistance
Yorum:
a bull flag
Yorum:
strong consolidation, waiting for confirmations
Yorum:
looking for bullish continuation