GBPCAD on the 4h charthas retraced at the 0.618 fibonacci level.
The price found a support over that area and an inversion can be expected.
How can I approach this scenario?
I will wait for a possible break above the structure and in that case I will look for a nice long order according to the Plancton's strategy rules.
βββββ
Follow the Shrimp π¦
Keep in mind.
π£ Purple structure -> Monthly structure.
π΄ Red structure -> Weekly structure.
π΅ Blue structure -> Daily structure.
π‘ Yellow structure -> 4h structure.
β«οΈ 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.
The price found a support over that area and an inversion can be expected.
How can I approach this scenario?
I will wait for a possible break above the structure and in that case I will look for a nice long order according to the Plancton's strategy rules.
βββββ
Follow the Shrimp π¦
Keep in mind.
π£ Purple structure -> Monthly structure.
π΄ Red structure -> Weekly structure.
π΅ Blue structure -> Daily structure.
π‘ Yellow structure -> 4h structure.
β«οΈ 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.
Comment:
moving higher
Comment:
perfectly following my drawing
Comment:
a nice bullish impulse yesterday