USDCNH hit an extreme resistance 🦐
The market has been very choppy lately and nervous.
Fundamental situation between China and US didnt helo the trend.
Now the market hit the extremely strong weekkly chart resistance and just broke the daily trendline to the downside.
IF the market will manage to break the structure we can look for a short position according to our rule.
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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.
Fundamental situation between China and US didnt helo the trend.
Now the market hit the extremely strong weekkly chart resistance and just broke the daily trendline to the downside.
IF the market will manage to break the structure we can look for a short position according to our rule.
–––––
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.