āļĒāļđāđ‚āļĢ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļāļŊāļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:

EURUSD a turn at 0.886 Fib ðŸĶ

EURUSD on the 4h chart after the break of the 1.10 area retraced below the monthly structure over a previous resistance now turned support.
The market tested perfectly the 0.886 Fibonacci level and is consolidating below the key level.

A break above the area will shoes bullish increasing pressure and also for that reason we can consider a long order.
If the price will move as expected and the Strategy will be satisfied we can set a buy order according to the MTB Plancton's strategy rules.
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• breaking above as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• moving in the resistance area
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• as expected
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• rejected by the previous high
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• waiting for the break of the descending trendline

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš