EURGBP on the retest of the structure 🦐
EURGBP on the4h chart after the 0.618 rejection from the descending trendline broke the support area and currently is retesting it.
According to Plancton's strategy IF the market will provide us a sign of inversion we will be ready to set a nice short order.
If the price instead will break above, at the retest of it we will check for a long position.
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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.
According to Plancton's strategy IF the market will provide us a sign of inversion we will be ready to set a nice short order.
If the price instead will break above, at the retest of it we will check for a long position.
–––––
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:
resistance rejection
Comment:
moving to the support area