GBPJPY possible scenarios đŠ
GBPJPY on the daily chart is trading below a weekly structure.
The price after a few test of the daily support at the 148.820 area started a retracement move to the upside and is moving to the 0.618 level.
According to Placton's strategy if the price will provide us a sign of inversion we will set a nice short order, if the market instead will break above at the retest of it we can consider a long position.
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Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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 after a few test of the daily support at the 148.820 area started a retracement move to the upside and is moving to the 0.618 level.
According to Placton's strategy if the price will provide us a sign of inversion we will set a nice short order, if the market instead will break above at the retest of it we can consider a long position.
----
Follow the Shrimp đŠ
Keep in mind.
đŁ Purple structure -> Monthly structure.
đŽ Red structure -> Weekly structure.
đ” Blue structure -> Daily structure.
đĄ Yellow structure -> 4h structure.
â«ïž 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.
Kommentera:
testing the resistance
Kommentera:
market reached a confluence zone
Kommentera:
price rejected by the confluence zone
Kommentera:
price look for the break above