Euro / Australischer Dollar
Long
Aktualisiert

EURAUD looking up 🩐

262
This pair after the break of the descending channel is trading below a daily resistance.
The market after a series of lower low and lower high create a higher low.

How can i approach this scenario?

I will wait for a potential break of the resistance area and in that case i will look for a nice long order 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.
đŸ”” 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
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Snapshot looking for a clear break of the 1.47 area
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Snapshot breaking above as expected
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Snapshot the market moves to the 1.49 area
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Snapshot a classic break and retest
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Snapshot testing the upper resistance structure
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Snapshot a 141 pips call so far
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223 pips Snapshot
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Snapshot the price delivers 250 pips after the break the descending channel

Haftungsausschluss

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