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
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.