plancton0618

GBPJPY for a lower low 🦐

plancton0618 Premium Updated   
FOREXCOM:GBPJPY   British Pound / Japanese Yen
GBPJPY on the 4h chart retraced eperfectly at the 0.618 Fibonacci level exactly at the 169.900 at the previous higher low level.
The price is now trading above a minor support and the actual lower low lower high move has been respected.

How can i approach this scenario?

I will wait for a possible break of the support and in that case, i will consider a nice short order according to the Plancton's's strategy rules.
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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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.
Comment:
break and retest of the entry zone

🦐 FOLLOW THE SHRIMP🦐

🎯 Forex Telegram: https://www.plancton0618.com/telegram/forex

πŸš€ Crypto: https://www.plancton0618.com/telegram/crypto

πŸ“Ί Youtube: https://www.youtube.com/c/plancton0618
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