GBPJPY possible scenarios ðŸĶ

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GBPJPY on the daily chart is trading below a weekly structure.

The price after a few test of the daily support at the 148.820 area started a retracement move to the upside and is moving to the 0.618 level.

According to Placton's strategy if the price will provide us a sign of inversion we will set a nice short order, if the market instead will break above at the retest of it we can consider a long position.

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Follow the Shrimp ðŸĶ

Keep in mind.
ðŸŸĢ Purple structure -> Monthly structure.
ðŸ”ī Red structure -> Weekly structure.
ðŸ”ĩ Blue structure -> Daily structure.
ðŸŸĄ Yellow structure -> 4h structure.
âšŦïļ 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.
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• testing the resistance
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• market reached a confluence zone
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• price rejected by the confluence zone
āļšāļąāļ™āļ—āļķāļ
āļŠāđāļ™āļ›āļŠāļ­āļ• price look for the break above

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš

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