AUDCAD testing a weekly resistance 🦐
AUDCAD on the weekly chart hit a weekly resistance and price started a retracement move.
On the Daily chart price moved inside an uptrending channel and recently broke a bull flag for a new test of the upper structure.
Price is now ranging between the 2 structure and price bounce over the 0.618 of the previous minor leg.
IF the price will break and close above the 0.96700 area we will set a nice long order according with 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.
On the Daily chart price moved inside an uptrending channel and recently broke a bull flag for a new test of the upper structure.
Price is now ranging between the 2 structure and price bounce over the 0.618 of the previous minor leg.
IF the price will break and close above the 0.96700 area we will set a nice long order according with 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.
Comment:
Price testing recent highs soon. Waiting for the break of it