GBPCAD a turn at the 0.618 ๐ฆ
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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.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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 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.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.
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