InkyGrip

GBPUSD on a break of the minor channel? 🦐

Short
InkyGrip Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD on the 4h chart is moving inside a minor ascending channel.
The price after breaking above the daily resistance at 1.30200 seems to lose momentum.
IF the market will break and close below the 1.30 and consequently break the channel we will set a nice short order according to Plancton's strategy.
–––––
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:
nice break below
Comment:
break and retest
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.