EURCAD to the 0.618? 🦐

EURCAD on the 4h chart is trading below a resistance level .
The price after the long bearish trend creates a DOUBLE BOTTOM and is now looking for a retracement ato the upside.

How can i approach this scenario?

I will wait for a potential break of the structure and in that case, i will look for a nice long order according to the Plncton's strategy rules.


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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.

הערה:

a new test of the support

הערה:

now ready for the resistance break

הערה:

waiting for a possible break above

הערה:

the market is now attempting the break

הערה:

after a false breakout the market is back in the range

הערה:

waiting for the 1.32 range break