British Pound / Swiss Franc
Long
Updated

GBPCHF will break above? 🦐

230
GBPCHF is moving inside a descending channel.
The market is now testing the upper trendline after the tet of the support area.
According to Plancton strategy if the market will break above 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.
Note
snapshot price is testing the previous highs
Note
snapshot the market is moving as expected
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snapshot a test of the resistance
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snapshot ready for a break
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as expected snapshot
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snapshot consolidation over the support
Note
snapshot the market reached the weekly resistance, as expected

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