EURCHF a turn at the 0.618 Fib ðŸĶ

āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:
EURCHF on the 4h chart is moving in a descending trend.
The price after the recent low retest the weekly resistance at the 0.618 Fibonacci retracements creating a possible double top over it.

How can we approach this scenario?

Currently, the market is testing once again the support area and if the pair will break below we will search for an entry point according to the Plancton's strategy rules.

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Follow the Shrimp ðŸĶ

Keep in mind.

ðŸŸĢ Purple structure -> Monthly structure.
ðŸ”ī Red structure -> Weekly structure.
ðŸ”ĩ Blue structure -> Daily structure.
ðŸŸĄ Yellow structure -> 4h structure.
âšŦïļ 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.
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
āļŠāđāļ™āļ›āļŠāļ­āļ• The support is holding the price above it
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
The market is now ready for a break below, waiting the US session
āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
āļŠāđāļ™āļ›āļŠāļ­āļ• the market is breaking the support area
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
āļŠāđāļ™āļ›āļŠāļ­āļ• after the break and retest i ll wait for the break of the dynamic trendline for a bearish continuation
0618240minchfEUREURCHFTrend Analysis

āļāļēāļĢāļ™āļģāđ€āļŠāļ™āļ­āļ—āļĩāđˆāđ€āļāļĩāđˆāļĒāļ§āļ‚āđ‰āļ­āļ‡

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš