U.S. Dollar / Offshore Chinese Yuan
Short
Updated

USDCNH a turn at the 0.618? 🦐

195
USDCNH after the last bearish impulse retraced until the 0.618 Fibonacci level.
The price is now testing the support over a trendline and if the market will break below, we can set a nice short order opportunity.

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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.


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.
Note
snapshot as expected
Note
snapshot a retest of the reistance
Note
snapshot break retest and ready for new lows

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