Euro / British Pound
Long
Updated

EURGBP adding longs? 🦐

193
EURGBP after our last call might provide some adding longs opportunity.
The price in fact reached the 0.84400 area and got rejected by a minor resistance but overall the 0.85 target remain possible.

How can i approach this scenario?

I will wait for the London market open and in case the market will break above the resistance area i will set another 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.
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snapshot the market just inverted the trend waiting for the break
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snapshot a fresh break of structure as expected from this morning idea
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snapshot waiting for a new break above
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snapshot expecting another upside move
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snapshot 275 pips since the original idea!!
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snapshot the price is topping there, possible retest of the weekly structure
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snapshot potential ascending triangle
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snapshot looking for a bullish continuation

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