InkyGrip

EURUSD testing a trendline 🦐

FOREXCOM:EURUSD   Euro / U.S. Dollar
EURUSD on the 4h chart after my previous idea reached the previous highs.
The price is now trading below a descending trendline and it could create a new recent high.

How can i approach this scenario?

According to the Plancton's strategy IF the market will break above the area we can look for a nice long order according to the CPS strategy rules.
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.