CADCHF after the last impulse, retreaced until the 0.5 Fibonacci level creating a double bottom over the support. The price created a long-range move between the 0.68 and the 0.70 level. IF the market will break above the structure, according to Plancton's strategy we can set a nice long order.
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.
Comment
Price is breaking the resistance
Comment
the price breaks above but got rejected by the upper trendline.
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.