EURUSD on the 4h chart reached the weekly resistance at the 1.18850 area.
The price from here can provide us 2 possible scenario:
If the price will break above and the conditions will be satisfied we can set a nice long order.
If the price will turn and break below the 4h structure we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
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 the Plancton0618 strategy will trigger.
The price from here can provide us 2 possible scenario:
If the price will break above and the conditions will be satisfied we can set a nice long order.
If the price will turn and break below the 4h structure we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
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 the Plancton0618 strategy will trigger.
Comment:
testing the resistance
Comment:
testing the resistance
Comment:
break and retest of the support