GBPJPY on the daily chart is testing a confluence zone where a dynamic and static support are matching. The price after a downtrend can provide some retracement move but on the weekly chart the market can provide a sort opportunity. According to Plancton's strategy if the price will break below and satisfy the ACADEMY rules we will set a nice short 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. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.