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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.