EURCHF on the 4h chart moved lower near to the key level of 1 to 1.
The price due to the uncertain Euro stability dropped sharply since the beginning of the tension on the Ukrainian war.
From a technical perspective, i could expect some retracement to the upside at the beginning of the week and i will wait for it before considering a new short position.
How can i approach this scenario?
If the price ill retrace to one of our key levels i'll wait for the inversion. In that case, i will search for the application of Plancton's strategy rules to set a nice short order.
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Follow the Shrimp
Keep in mind.
âĒ ðĢ Purple structure -> Monthly structure.
âĒ ðī Red structure -> Weekly structure.
âĒ ðĩ Blue structure -> Daily structure.
âĒ ðĄ Yellow structure -> 4h structure.
âĒ âŦïļ 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