British Pound / U.S. Dollar
Long
Updated

GBPUSD on a falling wedge 🦐

1 780
GBPUSD has recently found a bottom over a 4h support at the end of a falling wedge.
According to Plancton's strategy if the price will break above the weekly resistance and satisfy the ACADEMY rules we will set a nice long order.

------
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.
Note
snapshot a range between the 2 structures
Note
snapshot as expected
Note
snapshot the price is retesting the support

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.