British Pound / U.S. Dollar
Long
Updated

GBPUSD double bottom 🦐

585
GBPUSD on the daily chart creates a double bottom over the weekly support.

The price is now moving back to the upper trendline and according to Plancton's strategy if the pair will be able to break above the static resistance structure we will 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.
Note
snapshot the market is respecting the trendline
Note
snapshot perfect dynamic resistance rejection, no trigger yet
Note
snapshot nice reaction at the 0.5 fib

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