Swiss Franc / Japanese Yen
Long
Updated

CHFJPY looking up 🦐

601
CHFJPY on the 4h chart after the long bullish impulse started a retracement.
The market bounced exactly over a daily support at the 0.382 Fibonacci level and consolidate below a string descending trendline.
According to Plancton's strategy if the conditions will be satisfied we will set a nice long order.
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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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snapshot as expected
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snapshot moving higher
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snapshot minor retracement now
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snapshot new high and retracement
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snapshot retracement after the impulse
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snapshot a bull flag formation
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snapshot nice break and higher
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snapshot testing the resistance
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snapshot bullish price action
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snapshot retesting the previous resistance now turned support
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snapshot retest of the support
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snapshot looking for new highs
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snapshot higher high
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snapshot A NEW HIGH

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