InkyGrip

USDCAD retrace before the new impulse? 🦐

Largo
InkyGrip Actualizado   
FOREXCOM:USDCAD   Dólar estadounidense/Dólar canadiense
USDCAD on the 4h chart after the triple top over the support at the 1.24700 started a bullish impulse up to the 1.27500.
The market is looking now for a retracement to the 0.382 and a possible test of the lower support area.

How can i approach this scenario?

I will wait for a test of the structure and in that case, i ll check for a possible inversion around that area, when the market will shift the scenario i will look for a long entry point according to the Plancton'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
Comentarios:
price followed our prediction perfectly
Comentarios:
totally as expected
Comentarios:
a 178 pips free call
Comentarios:
perfect confluence rejection here
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