AUDCAD on the daily chart hit and bounce over a weekly support.
After an uptrend move the market couldnt make new highs and created a triple top before melting in 3 strong bearish day till the 0.618 fibonacci retracement of the previous leg.
We can expect the price to retrace a bit for week closure, being today the last day of the week.
IF the price will break and close below the weekly structure, we will set a nice short order according to Plancton's strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
After an uptrend move the market couldnt make new highs and created a triple top before melting in 3 strong bearish day till the 0.618 fibonacci retracement of the previous leg.
We can expect the price to retrace a bit for week closure, being today the last day of the week.
IF the price will break and close below the weekly structure, we will set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
