USDCHF a turn at the 0.786 🦐

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USDCHF on the 4h chart is providing a potential long opportunity in the next few hours.
The price after the recent low at the 0.91000 area created a wave that retraces exactly until the 0.786 Fibonacci level that starts a possible higher high higher low move.

How can we approach this scenario?

The market is now approaching the resistance structure and a break above will be needed to consider a long position.
After the break we will check if the pair will provide us a retest of it and at that moment we will check for the application of the Academy rules to 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.
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istantanea a nice break above as expected
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istantanea perfectly following my idea
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istantanea nice bullish impulse!
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istantanea 140 pips since my idea
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istantanea 160 pips now
240minchfFibonacci RetracementTrend AnalysisUSDUSDCHF

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