GBPCAD testing a resistance 🦐

GBPCAD on the 4h chart is trading below a key resistance level at the 1.68500.
The structure has been tested few times also in the past and a retracement t to the 0.382 or lower Fibonacci level can be seen before the bulls regain strength.

How can i approach this scenario?

I will wait for a retest of the support area and IF the price will revere and satisfy the Plancton's strategy i will set a nice long order.

تعليق:

waiting for a break