EURUSD on the daily chart turned with a double top at the 0.618 Fibonacci level.
The price after the first attempt to break below retests the weekly support area at the 1.12 level retests the resistance and created a bullish impulse that ends with a lower low..
How can we approach this scenario?
We will wait for a retest of the daily support and in that case, we will move to the 4h chart.
If the condition will be satisfied we will set a nice short order according to the Plancton's Academy rules.
ââââ
Follow the Shrimp ðĶ
Keep in mind.
âĒ ðĢ Purple structure -> Monthly structure.
âĒ ðī Red structure -> Weekly structure.
âĒ ðĩ Blue structure -> Daily structure.
âĒ ðĄ Yellow structure -> 4h structure.
âĒ âŦïļ 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.