AUDCAD on the 0.5 Fib level

AUDCAD after touching the weekly resistance starts a retracement move inside a descending channel.
The price turn on the 0.5 Fibonacci level.
According to Plancton' s strategy, if the conditions will be satisfied, we can set a nice long 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.