GBPCAD a turn at the 0.618 🦐

GBPCAD on the 4h charthas retraced at the 0.618 fibonacci level.
The price found a support over that area and an inversion can be expected.

How can I approach this scenario?

I will wait for a possible break above the structure and in that case I will look for a nice long order according to the Plancton's strategy rules.
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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.

ความคิดเห็น:

moving higher

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perfectly following my drawing

ความคิดเห็น:

a nice bullish impulse yesterday