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EURUSD can move higher? 🦐

Od InkyGrip
Zaktualizowano
EURUSD on the 4h chart is trading within a monthly resistance.
The price after a distribution phase tested the lower demand and created a strong impulse on Monday.
Currently the market is trading at the recent high below a minor 4h resistance.

How can i approach this scenario?

According to Plancton's strategy IF the price will break above we can set a nice long order.
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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.
Uwaga
snapshot waiting for the CPI news soon
Uwaga
snapshot 1% impulse after yesterday news
Uwaga
snapshot testing the top of the resistance
Uwaga
snapshot retest of the support
Uwaga
snapshot retest of the highs
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snapshot a new distribution
Uwaga
snapshot waiting for a potential break
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snapshot a 140 pips in the expected direction
Uwaga
snapshot bullish continuation
Uwaga
snapshot a 150 pips call
Uwaga
snapshot choppy uptrend
Uwaga
snapshot waiting for a new high
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snapshot test of the 0.618 support area
Uwaga
snapshot testing the resistance level
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snapshot break above thanks to the FOMC news
Uwaga
snapshot new recent high as the bullish momentum continue
240minEUREURUSDTrend AnalysisUSD
InkyGrip

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