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.
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.
--––
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.
Bình luận:
The market never break above yet
Bình luận:
Ready for the break above
Bình luận:
the price is still respecting the trendline
Bình luận:
the grinding on the trendline continue
Bình luận:
Nice break above as expected
Bình luận:
Strong impulse, as expected
Bình luận:
rejection by the resistance struture
Bình luận:
a retest of the support area
Bình luận:
the market perfectly retest the support area
Bình luận:
price is testing the resistance
Bình luận:
a bull flag
Bình luận:
strong consolidation, waiting for confirmations
Bình luận:
looking for bullish continuation