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InkyGrip
Nov 22, 2022 6:51 AM

USDCAD moving higher 🦐 

U.S. Dollar / Canadian DollarFOREX.com

Description

USDCAD on the 4h chart after the recent drop started a series of higher highs and higher lows.
The price is now trading below a minor resistance and might look for the 1.35500 within this week.

I will wait for a possible test of that level and i will look for a further development from that area, overall the price remain bullish.

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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

Comment

waiting for a break of the previous high
Comments
UnknownUnicorn15614419
The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!
InkyGrip
@TradingStat, thanks for your feedback
Solldy
Pretty interesting and informative publication 🤔 You have quite an unusual approach to technical analysis, I like it)
InkyGrip
@Solldy, thanks for your support
RLinda
Thanks, a good look at the market allows many subscribers to more accurately determine the direction)
InkyGrip
@RLinda, appreciate it
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