EURUSD finally broke an important weekly resistance.
The price after Testing the 1.18800 area many times manage to break above and is creating a nice bullish leg inside a channel.
IF the market will reach the top trendline and give us a sign of inversion we can expect a retest of the support at the 0.382.
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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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
The price after Testing the 1.18800 area many times manage to break above and is creating a nice bullish leg inside a channel.
IF the market will reach the top trendline and give us a sign of inversion we can expect a retest of the support at the 0.382.
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Comment:
price is testing the 0.5 fib level
