GBPJPY looking up 🦐 -UPDATE-

GBPJPY after our previous analysis broke the confluence area and carry on the bull run to the upside.
The price has now reached a minor resistance and retested the 0.5 Fibonacci level.

How can we approach this scenario?

We will wait for a break of the structure and in that case, we will consider 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.

Commentaire:

a new fresh high as expected here

Commentaire:

another higher high as expected

Commentaire:

bull run for 550 pips since my original idea