CADJPY on a bullish break ๐ฆ
CADJPY on the 4h chart is trading at the recent highs.
The market after a few test of the top started a range trading and bounced on the lower support for a test of the 0,382 fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and if the price will satisfy the Plancton's strategy i will set a nice short order according to the Plancton's strategy rules.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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 after a few test of the top started a range trading and bounced on the lower support for a test of the 0,382 fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and if the price will satisfy the Plancton's strategy i will set a nice short order according to the Plancton's strategy rules.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.
์ฝ๋ฉํธ:
the price tested the 0.5 Fibonacci