EURCAD on a double bottom 🦐

EURCAD on the daily chart reached after a long downtrend the weekly support.
The price tested it twice and create a double bottom over the structure at the 1.38 area.

How can we approach this scenario?

Being a double bottom a typical inversion figure we can expect especially after a downtrend some movement to the upside.
A good confirmation of the next move can be seen in the break above the weekly resistance structure.
After the break, we will check if the price satisfies the Plancton Academy rules and set a nice long order for a good risk-return trade.
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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.