CHFJPY on the weekly chart (right) reached the top of the channel.
Market is consolidating between 2 structures around the 115.500 and 117.500 areas.
On the daily chart, price is respecting a descending trendline.
IF the price will break above the trendline and break above the weekly structure we can set a nice long order according to our strategy.
IF the price instead will break below the support structure we can set a short order.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Market is consolidating between 2 structures around the 115.500 and 117.500 areas.
On the daily chart, price is respecting a descending trendline.
IF the price will break above the trendline and break above the weekly structure we can set a nice long order according to our strategy.
IF the price instead will break below the support structure we can set a short order.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Note
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.