USDCAD on the 4h chart after the test of the 1.31500 creates an impulse to the 1.3400 area.
The prices now testing a minor resistance and in the pre- market hours we see a test of the 50% level of the previous leg.
According to Plancton's strategy IF the market will break above we can look for a nice long order.
The prices now testing a minor resistance and in the pre- market hours we see a test of the 50% level of the previous leg.
According to Plancton's strategy IF the market will break above we can look for a nice long order.
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perfect break and test of the daily resistance
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false breakout
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waiting for a new high
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1% delivered
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perfect hh hl
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looking for a break of it
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retest of the previous level
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possible retracement
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new recent high
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rejection by the 1.3600
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higher high