GBPCHF after the last impulse reached the resistance and got rejected.
The market retraced at the 0.618 and now is looking for a reversal.
According to Plancton's strategy if the price will break above we will set a nice long order.
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
I see the market getting ready for sells.
Its pushing up to give me a third touch on the inner structure. But on the outter structure it's forming some sort of double top pattern.
You can take short term buys but overall we looking for sells
Easy Pips With Vwap And Volume .
Please Share your opinion in the comments and support the idea with likes .
GBPCHF Sell Entry at 1.2764
Take profit 1 = 1.2744
Take profit 2 = 1.2714
Take profit 3 = 1.2664
Stop loss = 1.2864
Good afternoon gents,
Price has created a high probability Bearish Structure to sell off from. Looking to target the Day's Low, but I've got targets that extend beyond that point....
Let's see how it pans out. It's Monday & it's US Bank Holiday after all, I'd imagine a slower market.
Nonetheless, it's pristine.