GBPUSD on the 4h chart is trading near to a 4h descending trenline.
The price has tested a few times a dynamic support and according to Plancton's strategy if the price will break above and satisfy the academy conditions we will set a nice long order.
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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 tested a few times a dynamic support and according to Plancton's strategy if the price will break above and satisfy the academy conditions we will set a nice long order.
------
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:
www.tradingview.com/x/GUe0T0AN/the price is respecting the 2 converging trendlines
Comment:
as expected
Comment:
a double bottom here