EURUSD on the 4h chart after the triple bottom started an impulse to the upside.
The price bounced a few times over the weekly structure and is currently trading below the 1.07 level below a daily resistance.
How can i approach this scenario?
A test of the 50% is highly possible in this case and for this reason i will wait for a potential break of the are and if the price will satisfy the Plancton's strategy i will set a nice long order according to the Plancton's strategy rules.
The price bounced a few times over the weekly structure and is currently trading below the 1.07 level below a daily resistance.
How can i approach this scenario?
A test of the 50% is highly possible in this case and for this reason i will wait for a potential break of the are and if the price will satisfy the Plancton's strategy i will set a nice long order according to the Plancton's strategy rules.
评论:
clear break of the resistance as expected
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the price reached the 50% as expected
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retest of the 50%
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perfect test of the 0.786 Fibonacci and of a weekly resistrance
