USDCAD a turn at the 0.382 🦐
USDCAD after the recent low retraced exactly at the 0.382 Fibonacci level.
The market touched with a spike the 0.5 level and now turned again for a new lower low.
According to Plancton's strategy if the price will close the candle below we will set a nice short 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 market touched with a spike the 0.5 level and now turned again for a new lower low.
According to Plancton's strategy if the price will close the candle below we will set a nice short 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:
a lower low
Comment:
a nice bearish impulse as expected
Comment:
moving lower
Comment:
bearish continuation
Comment:
a lower low
Comment:
testing the resistance
Comment:
testing the trendline
Comment:
lower low