GBPUSD to the 1.21? ðĶ
GBPUSD after testing with a spike retraced at the 0.886 Fibonacci level and is looking for direction.
The market overall remains in a bullish trend in the short term and a new recent high can be seen.
How can i approach this scenario?
I will wait for a possible break of the resistance area and if that happen i will set a nice long order according to the Plancton's strategy rules.
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Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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 market overall remains in a bullish trend in the short term and a new recent high can be seen.
How can i approach this scenario?
I will wait for a possible break of the resistance area and if that happen i will set a nice long order according to the Plancton's strategy rules.
------
Follow the Shrimp ðĶ
Keep in mind.
ðĢ Purple structure -> Monthly structure.
ðī Red structure -> Weekly structure.
ðĩ Blue structure -> Daily structure.
ðĄ Yellow structure -> 4h structure.
âŦïļ 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.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
testing now the resistance, a clear break will be needed
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
1,21 reached as epxected
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
minor retracement at the end of the week
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
test of the 0.382 after the recent high