USDCAD on a retracement move 🦐
USDCAD on the 4 chart broke above the weekly resistance at the 1.25900 area.
The price almost reached the upper structure and started now a retracement.
In the following days we can expected a retracement move and according to Plancton's strategy if the price will break above and retest if we can set a nice long order.
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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
The price almost reached the upper structure and started now a retracement.
In the following days we can expected a retracement move and according to Plancton's strategy if the price will break above and retest if 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
Comment:
moving as expected to the support area