EURCHF on the daily chart after the test of the 1.05 level retraced at the 0.618 Fibonacci level.
The market, after a few tests of the level started a new impulse and is now trading below a weekly resistance.
How can I approach this scenario?
I will wait for the EU market open and check for a possible break above.
After that, I will move to the 4h chart to set a nice long order according to the Plancton's academy rules.
--โโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.