GBPJPY looking for the 149? 🦐
Updated
GBPJPY after our last analysis broke below the weekly support and is moving as expected (check the analysis) to the support area at the 149 level.
The price provided us a perfect turn at the enlightened 0.618 Fibonacci level, confluence point with the descending trendline.
According to Plancton strategy, we can carry on to ride the trade with good profit.
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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 provided us a perfect turn at the enlightened 0.618 Fibonacci level, confluence point with the descending trendline.
According to Plancton strategy, we can carry on to ride the trade with good profit.
----
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.
Note
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