EURUSD can move higher? ๐Ÿฆ

์—…๋ฐ์ดํŠธ๋จ
EURUSD on the 4h chart is trading within a monthly resistance.
The price after a distribution phase tested the lower demand and created a strong impulse on Monday.
Currently the market is trading at the recent high below a minor 4h resistance.

How can i approach this scenario?

According to Plancton's strategy IF the price will break above we can set a nice long order.
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Follow the Shrimp ๐Ÿฆ

Keep in mind.

โ€ข ๐ŸŸฃ Purple structure -> Monthly structure.
โ€ข ๐Ÿ”ด Red structure -> Weekly structure.
โ€ข ๐Ÿ”ต Blue structure -> Daily structure.
โ€ข ๐ŸŸก Yellow structure -> 4h structure.
โ€ข โšซ๏ธ 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.
๋…ธํŠธ
์Šค๋ƒ…์ƒท waiting for the CPI news soon
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์Šค๋ƒ…์ƒท 1% impulse after yesterday news
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์Šค๋ƒ…์ƒท testing the top of the resistance
๋…ธํŠธ
์Šค๋ƒ…์ƒท retest of the support
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์Šค๋ƒ…์ƒท retest of the highs
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์Šค๋ƒ…์ƒท a new distribution
๋…ธํŠธ
์Šค๋ƒ…์ƒท waiting for a potential break
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์Šค๋ƒ…์ƒท a 140 pips in the expected direction
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์Šค๋ƒ…์ƒท bullish continuation
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์Šค๋ƒ…์ƒท a 150 pips call
๋…ธํŠธ
์Šค๋ƒ…์ƒท choppy uptrend
๋…ธํŠธ
์Šค๋ƒ…์ƒท waiting for a new high
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์Šค๋ƒ…์ƒท test of the 0.618 support area
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์Šค๋ƒ…์ƒท testing the resistance level
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์Šค๋ƒ…์ƒท break above thanks to the FOMC news
๋…ธํŠธ
์Šค๋ƒ…์ƒท new recent high as the bullish momentum continue
240minEUREURUSDTrend AnalysisUSD

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