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InkyGrip
Jun 23, 2021 5:32 AM

GBPUSD ready for a new short move? 🦐 Short

British Pound/U.S. DollarFXCM

Description

GBPUSD after our previous analysis reached the daily support at the 1.38 area.
The price has started a retracement move to the 0.5 Fibonacci level.
According to Plancton's strategy if the price will provide a sign of inversion we will set a new short 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.

Comment

perfect test of the resistance at the 0.618
Comments
TRADiNG_hub
Thanks For Sharing Beautiful Setup 😋
InkyGrip
@TRADiNG_hub, you are welcome 🦐
syed_hani
Its making new highs...
InkyGrip
@syed_hani, thanks for sharing your vision 🦐
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