CHFJPY on the weekly chart reached a very important level around the 118 area.
On the daily chart we can see that market tested once the resistance level before getting rejected back around the 116 area.
Currently on the 4h chart price is consolidating between 2 structure and we will wait for a possible break to set a nice 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.
On the daily chart we can see that market tested once the resistance level before getting rejected back around the 116 area.
Currently on the 4h chart price is consolidating between 2 structure and we will wait for a possible break to set a nice 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.
Comment:
Market respected the support structure. None of the scenarios triggered yet
Comment:
Price broke below structure. Next target 115.800