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.
--ââ Follow the Shrimp đŠ
Keep in mind. đŁ Purple structure -> Monthly structure. đŽ Red structure -> Weekly structure. đ” Blue structure -> Daily structure. đĄ Yellow structure -> 4h structure. â«ïž 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.
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