GBPJPY looking up 🦐 -UPDATE-
GBPJPY after our previous analysis broke the confluence area and carry on the bull run to the upside.
The price has now reached a minor resistance and retested the 0.5 Fibonacci level.
How can we approach this scenario?
We will wait for a break of the structure and in that case, we will consider a nice long order according to the Plancton's strategy rules.
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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.
The price has now reached a minor resistance and retested the 0.5 Fibonacci level.
How can we approach this scenario?
We will wait for a break of the structure and in that case, we will consider a nice long order according to the Plancton's strategy rules.
----
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.
Comment:
a new fresh high as expected here
Comment:
another higher high as expected
Comment:
bull run for 550 pips since my original idea
