EURUSD on the 4h chart after last week's impulse is trading at the recent high. The price never provided a re entry zone and some retracement to a fair value can be seen.
How to approach this scenario?
I wil wait for a possible test of the 0.5 Fibonacci area and IF the market will provide us an inversion i will set a nice long order according to the Plancton's strategy rules.
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.