USD/RUB at the end of the triangle pattern 🦐
The market after the sharp rise till 82.750 level retraced till the 0.5 Fib level of the upper move.
After testing the triangles lines is now getting to the end of it and due to the weaken time of the USD is pushing to the downside.
We draw 2 important structure in blue that will give us the confirmation of the trend and an opportunity to take a position at the resets of it.
If it will occur a break to the downside our target will be around 66.500, on the other hand if the market will gain momentum and break on the upper side at retest of the resistance zone we could easily target the recent highs.
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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.
After testing the triangles lines is now getting to the end of it and due to the weaken time of the USD is pushing to the downside.
We draw 2 important structure in blue that will give us the confirmation of the trend and an opportunity to take a position at the resets of it.
If it will occur a break to the downside our target will be around 66.500, on the other hand if the market will gain momentum and break on the upper side at retest of the resistance zone we could easily target the recent highs.
–––––
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.
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