EURGBP looking up 🦐

تم تحديثه
EURGBP on the daily chart after the recent low sharply inverted the trend and started a strong impulse to the upside.
I can see the price testing the 0.618 and the 0.5 Fibonacci level and come back for a new test and a potential break.

How can we approach this scenario?

I will monitor the market to check a possible break above the 0.84 area.
In that case i will look for a potential entry 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.
ملاحظة
لقطة the price is now moving to the new resistance area as expected
ملاحظة
لقطة the daily resistance holds the price at the moment
ملاحظة
لقطة resistance rejection
240minDaily ChartsEUREURGBPGBPTrend Analysis

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