InkyGrip

GBPCHF on a retracement move 🦐

Short
FOREXCOM:GBPCHF   British Pound / Swiss Franc
GBPCHF on the 4h chart after the last strong bullish impulse reached the weekly descending trendline.
The market starts a retracement move and currently is trading above a minor support area.
According to Plancton's strategy If the market will break below and the conditions will be satisfied we will set a nice short order.
--––
Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.