Euro / Dollar Australia
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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.
šŸ”“ Red structure -> Weekly structure.
šŸ”µ Blue structure -> Daily structure.
🟔 Yellow structure -> 4h structure.
āš«ļø 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
Catatan
cuplikan looking for a clear break of the 1.47 area
Catatan
cuplikan breaking above as expected
Catatan
cuplikan the market moves to the 1.49 area
Catatan
cuplikan a classic break and retest
Catatan
cuplikan testing the upper resistance structure
Catatan
cuplikan a 141 pips call so far
Catatan
223 pips cuplikan
Catatan
cuplikan the price delivers 250 pips after the break the descending channel

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