GBPUSD after last week's profit is providing us another short opportunity on the daily chart .
The GBP pairs together with most of the EUR pairs are getting weaker due to the uncertain situation of the new cold war with Russia.
How can we approach this scenario?
The price is now testing an important weekly support over an ascending trendline and we will wait for the EU market open to check if a break below will happen.
In that case, I will check for an opportunity to set a short order according to the Plancton's academy rules.
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Follow the Shrimp š¦
Keep in mind.
š£ Purple structure -> Monthly structure.
š“ Red structure -> Weekly structure.
šµ Blue structure -> Daily structure.
š” Yellow structure -> 4h structure.
ā«ļø 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.
The GBP pairs together with most of the EUR pairs are getting weaker due to the uncertain situation of the new cold war with Russia.
How can we approach this scenario?
The price is now testing an important weekly support over an ascending trendline and we will wait for the EU market open to check if a break below will happen.
In that case, I will check for an opportunity to set a short order according to the Plancton's academy rules.
------
Follow the Shrimp š¦
Keep in mind.
š£ Purple structure -> Monthly structure.
š“ Red structure -> Weekly structure.
šµ Blue structure -> Daily structure.
š” Yellow structure -> 4h structure.
ā«ļø 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
Note
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Related publications
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.