USDCHF a short opportunity ๐Ÿฆ

์—…๋ฐ์ดํŠธ๋จ
USDCHF on the 4h chart is trading at the recent highs.
The price is in a bull trend and creates a possible short opportunity below a monthly resistance.
After the head and shoulders neckline break the price in fact is approaching a minor support area.

How can I approach this scenario?

I will wait for the EU market open and check for a possible break below the support area .
In that case, i will look for the Plancton's strategy to be satisfied and set a nice short order

--โ€“โ€“
Follow the Shrimp ๐Ÿฆ

Keep in mind.

๐ŸŸฃ Purple structure -> Monthly structure.
๐Ÿ”ด Red structure -> Weekly structure.
๐Ÿ”ต Blue structure -> Daily structure.
๐ŸŸก Yellow structure -> 4h structure.
โšซ๏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.
๋…ธํŠธ
์Šค๋ƒ…์ƒท nice break below as expected
๋…ธํŠธ
์Šค๋ƒ…์ƒท the price reached the support area for an almost 150 pips free call
๋…ธํŠธ
์Šค๋ƒ…์ƒท lower low and break of support
๋…ธํŠธ
์Šค๋ƒ…์ƒท 225 pips call
๋…ธํŠธ
์Šค๋ƒ…์ƒท a support test
๋…ธํŠธ
์Šค๋ƒ…์ƒท the market tested the lower support
๋…ธํŠธ
์Šค๋ƒ…์ƒท a bounce over the support
๋…ธํŠธ
์Šค๋ƒ…์ƒท expecting some retracement now
240minchfDaily ChartsheadandshouldersformationTrend AnalysisUSD

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