EURCHF has moved between 2 weekly structure for the last few days.
Market got nervous and choppy with an increased volatility and few spikes due to the monthly discending trendline.
IF the market will break and close above the red structure on the top we can look for a long position, on the other hand if the market will be pushed below the lower structure we can check for a short position.
At this level trades are risky, we wait for a confirmation.
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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 got nervous and choppy with an increased volatility and few spikes due to the monthly discending trendline.
IF the market will break and close above the red structure on the top we can look for a long position, on the other hand if the market will be pushed below the lower structure we can check for a short position.
At this level trades are risky, we wait for a confirmation.
–––––
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.