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InkyGrip
Jul 6, 2022 4:46 AM

EURGBP can move lower? 🦐 Short

Euro / British PoundFOREX.com

Description

EURGBP on the 4h chart is trading over a weekly support.
The price after the break and retets of the ascending trendline is now looking for a possible lower low.

How can i approach this scenario?

I will wait for the EU market open and if the price will break below support area i will check for a nice short order according to the Plancton's strategy rules.


–––––
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.
Comments
JoeChampion
I have similar overview on my recent EURGBP chart, thank you for the confirmation!
InkyGrip
harithaprabuddha25
Thank You
InkyGrip
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