GBPUSD on the 4 h chart is moving inside an ascending channel.
The price has nos moved inside a 2 narrowing trendline and the price just reached the our beloved 0.618 Fibonacci level.
According to Plancton's strategy if the conditions will be satisfied we can set a nice long position.
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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.