USDCHF a bounce at the 0.618 🦐

USDCHF on the daily chart creates a nice impulse after the test of the 0.618 Fibonacci level.

The price is now trading below a descending trendline near to a weekly resistance.

According to Plancton's strategy, if the market will break above and satisfy our academy rules, we can 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.

Komentar:

retracing to the support

Komentar:

the price broke below the daily support and never break the resistance level, the market didn't confirm the strength to the upside