EURCHF on the 4h chart is trading below a minor resistance area.
The price after 2 test of the area retraced over the lower descending trendline and bounced for a new test of the structure.
How can i approach this scenario?
Being Friday is quite risky to trade in the late sessions but if the market will break above the resistance area i will consider a nice long position according to the Plancton's strategy rule.
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Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
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.