Euro / U.S. Dollar
Updated

EURUSD a move to 50% 🦐

472
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.
Note
snapshot clear break of the resistance as expected
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snapshot the price reached the 50% as expected
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snapshot retest of the 50%
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snapshot perfect test of the 0.786 Fibonacci and of a weekly resistrance

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