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Swiss Franc / Japanese Yen
Long
Updated

CHFJPY waiting for a range break 🦐

158
CHFJPY on the daily chart is moving inside a range between 2 main structures, below a stringer weekly resistance.
The market after the last impulse attempts to break above and retraced until the 0.786 Fibonacci level.
According to Plancton's strategy, if the conditions will be satisfied, we can 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 the market is moving in our direction
Note
snapshot perfect bullish continuation
Note
snapshot the market is testing the daily resistance

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