Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD for a lower low 🦐

231
AUDCAD on the 4h chart is creating a descending wave.

The price after the perfect retest of the previous support now turned resistance is looking for a new recent low.

According to Plancton's strategy if the market will break below and satisfy the ACADEMY rules we will set a nice short order.

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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
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snapshot break below
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snapshot testing the support, we ll check for a lower low here
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snapshot as expected
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snapshot excellent analysis
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snapshot waiting for the lower low
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snapshot a bounce over the support
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snapshot double bottom over the support
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snapshot

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