AUDCAD after touching the weekly resistance starts a retracement move inside a descending channel. The price turn on the 0.5 Fibonacci level. According to Plancton' s strategy, if the conditions will be satisfied, we can set a nice long order.
––––– Follow the Shrimp 🦐
Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure.
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.