Downloading...
Swiss Franc / Japanese Yen
Short
Updated

CHFJPY on a descending channel 🦐

111
CHFJPY after testing the daily resistance at 115.700 level, started a bearish leg.
The price broke below the 4h support and now look for the test of the daily support at 114 area.
When the price will break below the structure, we can set a nice short order according to Plancton's sttrategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Note
snapshot price testing the daily support
Note
snapshot the market is following our drawing

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.