British Pound / New Zealand Dollar
Short
Updated

GBPNZD on a range break 🦐

435
GBPNZD on the 4h chart is ranging between the monthly resistance at the 2.000 level and a daily support.

The market after a few attempts to break above is now trading close to the support.

After the break of the ascending channel, we will wait for a confirmation of the break of the structure to set according to our Academy 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 moving to the support area
Note
snapshot looking for the support break
Note
snapshot the market respected the support and now testing the resistance

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