GBPJPY on a lower high lower low 🦐

GBPJPY on the 4h chart is moving in a descending channel.

The price after the recent low at 151 level retraced exactly at the 0.618 Fibonacci level and currently is testing the weekly support.

According to Plancton's strategy if the market will break and close below we can set a nice short order.


----
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.

تعليق:

ready for the break

تعليق:

everything moves according to the analysis