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InkyGrip
Oct 23, 2020 6:31 AM

GBPDKK on the break of a weekly trendline 🦐 Long

British Pound / Danish KroneFOREX.com

Description

GBPDKK on the daily chart is testing the weekly descending trendline.
The price can approach soon a daily resistance around 8.300.
IF the market will break and close above the structure we will set a nice long order according to Plancton's strategy.

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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.
Comments
wijitha
Thanks very much for your analysis!
InkyGrip
@wijitha, glad you like it
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