British Pound / Japanese Yen
Short
Updated

GBPJPY testing a confluence zone 🦐

559
GBPJPY on the daily chart is testing a confluence zone where a dynamic and static support are matching.
The price after a downtrend can provide some retracement move but on the weekly chart the market can provide a sort opportunity.
According to Plancton's strategy if the price will break below and satisfy the ACADEMY rules we will set a nice short 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.
Note
snapshot waiting for market confirmations
Note
snapshot break and retest
Note
snapshot as expected
Note
snapshot as expected

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