GBOSEK has recently bounced on a weekly support,
Market started a retracement move from the daily discending channel in a higher high higher low.
Price broke the discending channel and currently breaking the daily resistance.
Accroding to Plancton's Strategy we can set a nice long order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please...
Definitely it is time to look for upside. There is very nice setup on 1/4h but also as always there is some possibility for one more down to form a double bottom . On the other hand it looks like the move to the upside has already started and it could be huge. Therefore I define a position size which I will still feel comfortable to trade without stop loss and...
Montly formed a wick wich should be filled in.
Weekly impuls followed by retracement and started the new impul.
Daily impuls, retracement, new impuls.
4h counter trendline broke to the downside AND retested.