CADCHF on a weekly double bottom 🦐

CADCHF create a clear double bottom on the weekly chart.
Now price is consolidating below the daily structure.
If the price will manage to break and close above the blue structure and cosenquently break thye channel we can set a nice long order according with our strategy.

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Follow the Shrimp 🦐

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 Plancton0618 strategy will trigger.

Kommentera:

On the 4 timeframe price retraced till the 0.5 fib of the previous leg.
Market didnt break the daily structure.

Kommentera:

testing the upper part of the channel. Waiting for a break of it as confirmation

Kommentera:

Everything as expected