EURUSD can move higher? 🦐

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

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