EURCAD on the daily chart after a consolidation phase broke below and took the liquidity at the 1.2900 level before retesting the 1.32 area.
The price is now trading below a daily resistance and some further bullish move can be expected.
How can i approach this scenario?
I will wait for a potential break and close above the structure and in that case, i will look for a nice long order according to the Plancton's strategy rules.
--โโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.