GBPJPY on the daily chart has recently broke and perfectly retest a weekly structure,
Market is now approaching another weekly resistance that is also close to a monthly discending trendline.
As we can see price has been moving inside an ascending channel and we can expect the price to move inside the structure for a possible break till the upper trendline of the channel.
If the market will clearly break the weekly structure and the monthly trendline we will set a nice long order according with Plancton's strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Market is now approaching another weekly resistance that is also close to a monthly discending trendline.
As we can see price has been moving inside an ascending channel and we can expect the price to move inside the structure for a possible break till the upper trendline of the channel.
If the market will clearly break the weekly structure and the monthly trendline we will set a nice long order according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
