CADCHF took the liquidity at the 0.618 🩐

Uppdaterad
CHFJPY on the daily chart is moving inside a retracement channel after the recent high.

The price moved in a lower high lower low pattern over the trendline until the 0.618 Fibonacci level.

At the moment the pair is trading close to a weekly resistance and according to Plancton's strategy if the price 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.
‱ đŸ”” 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.
Kommentera
snapshot after yesterday rejection the price moves again to the resistance
Kommentera
snapshot breaking above the resistance
Kommentera
snapshot nice move
0618240min618 Fibonacci RetracementCADCADCHFchfDaily ChartsDescending ChannelTrend Analysis

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