EURUSD on the 4h chart after last week's impulse is trading at the recent high.
The price never provided a re entry zone and some retracement to a fair value can be seen.
How to approach this scenario?
I wil wait for a possible test of the 0.5 Fibonacci area and IF the market will provide us an inversion i will set a nice long order according to the Plancton's strategy rules.
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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.
The price never provided a re entry zone and some retracement to a fair value can be seen.
How to approach this scenario?
I wil wait for a possible test of the 0.5 Fibonacci area and IF the market will provide us an inversion i will set a nice long 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.
Comment:
moving to the support area
Comment:
looking for a test of the support
Comment:
test of the support as epxected
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after the test i will wait the market to take a direction
Comment:
perfectly working idea
Comment:
is this art?
Comment:
the market couldnt break the previous high
Comment:
new recent high
