GBPJPY turned at the 0.382 🦐

GBPJPY on the 4h chart broke the descending channel and currently is consolidating below a resistance structure.

The market tested the 0.382 Fibonacci level over a weekly support and now looking for a break above.

According to Plancton's strategy if the price will break above and satisfy the Academy condition, we can set a nice long order.

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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:

testing the structure for a break

Commentaire:

the price got rejected