USDCHF on the weekly chart found a bottom over the important support structure.
The market from there started a nice impulse to the upside.
On the 4h chart the price broke the retracement channel and tested the 0.618 Fibonacci level.
Now we can expect a continuation to the upside and according to Plancton's strategy if the price will satisfy the conditions 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.
The market from there started a nice impulse to the upside.
On the 4h chart the price broke the retracement channel and tested the 0.618 Fibonacci level.
Now we can expect a continuation to the upside and according to Plancton's strategy if the price will satisfy the conditions we can set a nice long order.
–––––
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.
Comment:
moving as expected to the support area
Comment:
the market is moving according to our analysis