GBPUSD after the break below the weekly support is currently retesting the structure at the 0.5 Fibonacci level.
According to Plancton's strategy if the price will show us a sign of inversion and satisfy the ACADEMY rules we will set a nice short order.
On the other hand if the market will move above the structure we will monitor the price for further bullish price action.
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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.
According to Plancton's strategy if the price will show us a sign of inversion and satisfy the ACADEMY rules we will set a nice short order.
On the other hand if the market will move above the structure we will monitor the price for further bullish price action.
------
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:
no break yet