EURCHF a short term long opportunity ðŸĶ

āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:
EURCHF on the 4h chart is trading in a downtrend for a long time.
The price has been moving between 2 parallel descending trendlines and is currently breaking above the upper one.

How can i approach this scenario?

The overall scenario remain bearish but if the market will break above the static resistance structure i can look for a short-term long order 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.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• 90 pips and test of the supply area
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• 190 pips call
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• test of the supply area and 2% profit so far
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• rejection by the supply zone
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• classic retest of the 0.5 Fibonacci support
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ•

Test of the 0.382 and possible continuation move
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• retest of the 0.382 level
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• looking for a new test of the supply area
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• 188 pips call and double top over the supply zone
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• perfect retest
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• the price broke above the resistance
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• new recent high
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• perfect bullish call
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
āļŠāđāļ™āļ›āļŠāļ­āļ• new recent high in a choppy uptrend
240minchfEUREURCHFTrend Analysis

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