EURCAD on the weekly chart is looking for a cup and handle pattern and the 0.382.
The market which is moving inside a daily descending channel in a lower low lower high move.
We expect the price to touch the 0.382 over a weekly support at1.53800.
IF the market will give us a sign of inversion we will set a nice long order according to Plancton's strategy.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
โข ๐ฃ Purple structure -> Monthly structure.
โข ๐ด Red structure -> Weekly structure.
โข ๐ต Blue structure -> Daily structure.
โข ๐ก Yellow structure -> 4h structure.
โข 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.