EURUSD on the 4h chart is trading over a daily support.
After the recent high the market is looking for a direction and the upcoming news on the NFP and the FOMC speak can make the price take a decision.
How can u approach this scenario?
Being the last day of the month and the imminent news coming this week i will wait for a clear break above the 4h resistance and IF the price will confirm the trend set 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.
• 🔵 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.
After the recent high the market is looking for a direction and the upcoming news on the NFP and the FOMC speak can make the price take a decision.
How can u approach this scenario?
Being the last day of the month and the imminent news coming this week i will wait for a clear break above the 4h resistance and IF the price will confirm the trend set a nice long order according to the Plancton's strategy rules.
––––
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.
Nota
Nota
Nota
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.