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InkyGrip
Feb 27, 2021 8:08 AM

USCAD on a false breakout 🦐 Long

U.S. Dollar / Canadian DollarFOREX.com

Description

USDCAD after the false breakout below the weekly support moved back above and close the weekly candle with a double bottom higher close candle formation.
The market is moving inside a minor descending channel and now is testing the upper trendline.
According to Plancton's strategy, if the price will break above during next week, 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.
Comments
FrodoTheTrader
Awesome. I agree.
InkyGrip
@FrodoTheTrader, thanks Frodo 🥇
MoneyMakerTrade
Good job bro 👍
InkyGrip
@MoneyMakerTrade, cheers mate 🦐🚀
MMBTtrader
quality work here. keep it up 🦐
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InkyGrip
@MMBTtrader, you rock mate
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