EURUSD can move higher? 🦐

EURUSD on the daily chart is. moving inside a descending channel.
The price moved in series of lower low lower high and is currently testing a confluence point between the upper trendline and a daily resistance.

How can i approach this scenario?

I will wait for a potential break of the area and in that case i will move on the 4h timeframe to look for a possible 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.

הערה:

breaking the confluence

הערה:

waiting for the market news

הערה:

retest of the support