EURCHF on the weekly chart broke the long descending channel and now is moving within an ascending one.
The price tested many times the strong resistance around 1.08500 that always reject the break attempt.
On the daily chart after the break of the trendline the price went for a test of the 0.618 before moving again to the resistance area.
IF the price will manage to break and close above the 1.08500 level we will seta nice long order according to Plancton's strategy.
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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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
The price tested many times the strong resistance around 1.08500 that always reject the break attempt.
On the daily chart after the break of the trendline the price went for a test of the 0.618 before moving again to the resistance area.
IF the price will manage to break and close above the 1.08500 level we will seta nice long order according to Plancton's strategy.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.