EURUSD can move higher? 🦐

已更新
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.
註釋
快照 waiting for the CPI news soon
註釋
快照 1% impulse after yesterday news
註釋
快照 testing the top of the resistance
註釋
快照 retest of the support
註釋
快照 retest of the highs
註釋
快照 a new distribution
註釋
快照 waiting for a potential break
註釋
快照 a 140 pips in the expected direction
註釋
快照 bullish continuation
註釋
快照 a 150 pips call
註釋
快照 choppy uptrend
註釋
快照 waiting for a new high
註釋
快照 test of the 0.618 support area
註釋
快照 testing the resistance level
註釋
快照 break above thanks to the FOMC news
註釋
快照 new recent high as the bullish momentum continue
240minEUREURUSDTrend AnalysisUSD

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