āļĒāļđāđ‚āļĢ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļāļŊāļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:

EURUSD ona distribution phase ðŸĶ

EURUSD on the 4h chart is moving in a range between 2 structures.
The price in fact is bouncing from the lower support qat the 1.09500 and the upper resistance at the 1.10800.

EURUSD is in a bullish trend since from a few months but at this stage some retracement can be expected.

According to Plancton's strategy IF the price will break below we can set a nice short order.
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• testing the support area
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• breaking below as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• expected bearish move
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• possible lower low ahead
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• lower low as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• bounce over the support
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• retest of the support
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• new low need a confirmation
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• lower low confirmed
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• 2% profit
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• waiting for a lower low
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• test of the 1.07000

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš