GBPCHF on a break of the resistance 🦐

٢ أكتوبر ٢٠٢٠

GBPCHF on the daily chart after hitting weekly support at 1.16500 is consolidating below a resistance level at 1.19 level.
On the 4h chart the price found a minor support at the 1.18 area.
IF the market will break and close above the daily structure we can set a nice long order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐

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 Plancton0618 strategy will trigger.

٢ أكتوبر ٢٠٢٠

ملاحظة

Price trying to break above. Need to see a clear break.

٥ أكتوبر ٢٠٢٠

ملاحظة

Another rejection by the daily structure, we want to see a clear break above