USDCHF will continue the downtrend? (Monthly analysis) 🦐
On the monthly channel USDCHF broke a huge ascending channel and consequently the 0.95500 zone which has been an historical support in the past.
Price created a descending highs before falling till the next monthly support at 0.91 zone.
For the next weeks we can expect some nervous move in the market with some sharp retracement to the upside before a break to the downside for a short till the 0.87750 area.
––––
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.
Price created a descending highs before falling till the next monthly support at 0.91 zone.
For the next weeks we can expect some nervous move in the market with some sharp retracement to the upside before a break to the downside for a short till the 0.87750 area.
––––
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.