GBPUSD on the 4 h chart is moving inside an ascending channel.
The price has nos moved inside a 2 narrowing trendline and the price just reached the our beloved 0.618 Fibonacci level.
According to Plancton's strategy if the conditions will be satisfied we can set a nice long position.
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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 nos moved inside a 2 narrowing trendline and the price just reached the our beloved 0.618 Fibonacci level.
According to Plancton's strategy if the conditions will be satisfied we can set a nice long position.
–––––
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.