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USDCHF a bounce at the 0.618 🦐
U.S. Dollar / Swiss Franc
Long
USDCHF a bounce at the 0.618 🦐
By InkyGrip
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Updated
Aug 13, 2021
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Aug 13, 2021
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.
Aug 13, 2021
Comment
retracing to the support
Aug 16, 2021
Comment
the price broke below the daily support and never break the resistance level, the market didn't confirm the strength to the upside
0618
240min
618 Fibonacci Retracement
chf
Daily Charts
Trend Analysis
USD
USDCHF
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