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.

코멘트:

The market never break above yet

코멘트:

Ready for the break above

코멘트:

the price is still respecting the trendline

코멘트:

the grinding on the trendline continue

코멘트:

Nice break above as expected

코멘트:

Strong impulse, as expected

코멘트:

rejection by the resistance struture

코멘트:

a retest of the support area

코멘트:

the market perfectly retest the support area

코멘트:

price is testing the resistance

코멘트:

a bull flag

코멘트:

strong consolidation, waiting for confirmations

코멘트:

looking for bullish continuation