USDRUB on the monthly channel is clearly in bull trend with some sharp crazy spikes and volatility.
Market recently touched the lower monthly trendline and start a new bullish move.
On the weekly chart we can see that the price retraced till the 0.618 of the previous leg and started a new impulse.
Three weeks ago market hit again the weekly resistance and gain momentum for a break of it.
We can expect the price to break over the structure for new recent highs.
–––––
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.
Market recently touched the lower monthly trendline and start a new bullish move.
On the weekly chart we can see that the price retraced till the 0.618 of the previous leg and started a new impulse.
Three weeks ago market hit again the weekly resistance and gain momentum for a break of it.
We can expect the price to break over the structure for new recent highs.
–––––
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.