GBPCHF will break the weekly resistance? 🦐
GBPCHF on the daily chart has consolidation below the 1.19 resistance area.
The market is moving in a minor descending channel and seems now strong enough for a break above.
IF the price will break and close above the 1.19 area and consequently break the descending channel and the weekly resistance, we will set a nice long order according to Plancton's trategy.
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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.
The market is moving in a minor descending channel and seems now strong enough for a break above.
IF the price will break and close above the 1.19 area and consequently break the descending channel and the weekly resistance, we will set a nice long order according to Plancton's trategy.
–––––
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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