EURUSD can move higher? 🦐

12 янв. 2023 г.

EURUSD on the 4h chart is trading within a monthly resistance.
The price after a distribution phase tested the lower demand and created a strong impulse on Monday.
Currently the market is trading at the recent high below a minor 4h resistance.

How can i approach this scenario?

According to Plancton's strategy IF the price will break above we can set a nice long 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.

12 янв. 2023 г.

Заметка

waiting for the CPI news soon

13 янв. 2023 г.

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1% impulse after yesterday news

16 янв. 2023 г.

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testing the top of the resistance

17 янв. 2023 г.

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retest of the support

18 янв. 2023 г.

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retest of the highs

19 янв. 2023 г.

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a new distribution

20 янв. 2023 г.

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waiting for a potential break

23 янв. 2023 г.

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a 140 pips in the expected direction

25 янв. 2023 г.

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bullish continuation

25 янв. 2023 г.

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a 150 pips call

26 янв. 2023 г.

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choppy uptrend

30 янв. 2023 г.

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waiting for a new high

31 янв. 2023 г.

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test of the 0.618 support area

1 февр. 2023 г.

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testing the resistance level

1 февр. 2023 г.

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break above thanks to the FOMC news

2 февр. 2023 г.

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new recent high as the bullish momentum continue