plancton0618

GBPCHF on a break of the resistance 🦐

Long
FOREXCOM:GBPCHF   British Pound / Swiss Franc
GBPCHF on the daily chart is moving inside an uptrending channel.
The price went to touch the lower trendline before starting a sharp move to the upside on the day of yesterday.
Now the market is testing the important weekly structure at 1.90.
When the price will break and close above we will set a nice long order according to Plancton's strategy.


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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.
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Comments

Seeing similar price action as well, thx for sharing.
+1 Reply
plancton0618 jojofang0901
@jojofang0901, thanks to you my friend
Reply
Good work
+1 Reply
@Saeed966, appreciate it
Reply
great chart!
+1 Reply
plancton0618 Sadovoy_Trade
@Sadovoy_Trade, glad you like it
Reply
great technical setup. makes total sense since we are still stuck in range.
and GBPUSD is pulling back off the highs today. well done!
+1 Reply
plancton0618 ProjectSyndicate
@ProjectSyndicate, thanks bro
Reply
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