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
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.
--––
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