plancton0618

EURUSD on a bear flag? 🦐

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
EURUSD on the daily chart is testing now the lower part of the minor ascending channel .
The price after hitting the upper part at 1.18750 broke the daily support at 1.171750 and now looks for the 1.17250 area.
IF the market will break and close below the weekly support we will set a nice short order according to Pkancton's strategy.
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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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.
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Comments

Its still into ascending channel !
So there is chance to pullback
But overview is bearish same as yours !
+1 Reply
plancton0618 Helical_Trades
@Helical_Trades, definitely, we always wait for confirmation from the price! Thanks for your feedback mate
Reply
great work bro
+1 Reply
@bobber70, thanks my friend
Reply
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