GBPJPY after our last analysis broke below the weekly support and is moving as expected (check the analysis) to the support area at the 149 level.
The price provided us a perfect turn at the enlightened 0.618 Fibonacci level, confluence point with the descending trendline.
According to Plancton strategy, we can carry on to ride the trade with good profit.
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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 provided us a perfect turn at the enlightened 0.618 Fibonacci level, confluence point with the descending trendline.
According to Plancton strategy, we can carry on to ride the trade with good profit.
----
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:
so far so good