GBPJPY a turn at the 0.618 🦐

28 พ.ย. 2022

GBPJPY on the 4h chart retraced èerfectly at the 0.618 Fibonacci level exactly at the 169.900 at the previous higher low level.
The price is now trading above a minor resistance and the actual lower low lower high move has been respected.

How can i approach this scenario?

I will wait for a possible break of the support and in that case, i will consider a nice short order according to the Plancton's'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.