CADCHF on the break of the resistance? 🦐

13. Okt. 2020

CADCHF after touching the 0,382 fib level over a weekly descending trendline is starting now a new impulse.
The market is moving inside an ascending channel and is below a daily resistance.
IF the price will break and close above the minor structure as in the idea, we can set a nice long order according to Plancton' strategy.


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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.

13. Okt. 2020

Anmerkung

price got rejected by the structure

14. Okt. 2020

Anmerkung

tradingview.com/chart/cfzbJ4X7/ nice break above