The market has been testing many times the structure and now is on a break.
At the restest of it we can set a nice short order.
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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.
Que ondas jajaja ahorita pues ahuevo se va a ir al alza porque estamos en zona de demanda y pues no puedo nomar orden porque no tengo el par en MT5 jajaja pero minimo hago el analisis a ver que tal me hubiese ido
Despite the recent decline in the value of the Swiss franc, it's gearing up for a very significant move upwards. On shorter time frames, a textbook bull wedge has also formed. The basis of this analysis would be difficult to explain or justify, so I'll just say that my outlook should be seen as "take it or leave it."
CHFNOK is in a run up on the daily period. By taking a Fib from the major impulse high - to - low, we can see that we're nearing two fib levels, the 1.414 and the 1.618- I'm going to look for a short entry around these levels, targeting a test of the most recent level gained, indicated by the "level gained" text.
Price blasted the level and I'm confident we'll...
There might be a short uptrend to about 9.16429 area before the downtrend starts.
The State Secretariat for Economic Affairs (SECO) Consumer Climate Index measures the level of consumer confidence in economic activity. On the index, a level above zero indicates optimism; below indicates pessimism. On 5 August this index is forecasted to...
CHFNOK is trading within a 4H Triangle (RSI = 49.737, STOCH = 54.340, STOCHRSI = 51.828, CCI = 7.7024, Highs/Lows = 0.0000). We are willing to trade the direction of the break out. Above 8.7487 it is bullish while below 8.6740 bearish. Targets 8.8000 and 8.6200 respectively.
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The price crossed the last 1D Resistance (8.78164) and being on an early bullish 1D technical action (RSI = 59.246, MACD = 0.048, Highs/Lows = 0.0073) is giving a long continuation signal. Our bullish TP is 8.9000.
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