British Pound / Swiss Franc
Long
Updated

GBPCHF on a bullish move 🦐

286
GBPCHF after the test of the weekly resistance at the 1.31 area has bounced over the lower trendline of the a descending channel.
The price is moving for a test of the resistance structure and according to Plancton's strategy if the price will break above we will set a nice long order opportunity.

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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 consolidation, looking for the break above.
Note
snapshot testing the resistance
Note
snapshot ready for a break above

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