EURUSD a short opportunity 🦐

EURUSD on the 4h timeframe tested a few times the weekly resistance.
The price after the test of the 1.07800 started a retracement move into a descending channel then took the liquidity with an impulse.

How can i approach this scenario?

I will wait for a potential break below the support at the 1.06700 and in that case i will set a nice short 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.

הערה:

as expected

הערה:

a 90 pips call

הערה:

testing the support for this 230 pips call

הערה:

the market is testing the monthly support for a 280 pips profit call