EURUSD can move higher? 🦐

12 thg 1, 2023

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 thg 1, 2023

Ghi chú

waiting for the CPI news soon

13 thg 1, 2023

Ghi chú

1% impulse after yesterday news

16 thg 1, 2023

Ghi chú

testing the top of the resistance

17 thg 1, 2023

Ghi chú

retest of the support

18 thg 1, 2023

Ghi chú

retest of the highs

19 thg 1, 2023

Ghi chú

a new distribution

20 thg 1, 2023

Ghi chú

waiting for a potential break

23 thg 1, 2023

Ghi chú

a 140 pips in the expected direction

25 thg 1, 2023

Ghi chú

bullish continuation

25 thg 1, 2023

Ghi chú

a 150 pips call

26 thg 1, 2023

Ghi chú

choppy uptrend

30 thg 1, 2023

Ghi chú

waiting for a new high

31 thg 1, 2023

Ghi chú

test of the 0.618 support area

1 thg 2, 2023

Ghi chú

testing the resistance level

1 thg 2, 2023

Ghi chú

break above thanks to the FOMC news

2 thg 2, 2023

Ghi chú

new recent high as the bullish momentum continue