NZDCHF on the break the break resitance 🦐
Updated
NZDCHF on the bigger picture is moving inside an ascending channel below a weekly resistance.
The price attempt to break below and created a false breakout before moving back inside the channel.
ON the 4h chart the price is currently testing a daily resistance at 0.61100.
IF the market will break and close above, at the retest of it we will set a nice long order according to our 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.
The price attempt to break below and created a false breakout before moving back inside the channel.
ON the 4h chart the price is currently testing a daily resistance at 0.61100.
IF the market will break and close above, at the retest of it we will set a nice long order according to our 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.
Comment
Comment
Trade closed: target reached
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