GBPSEK on the 4chart reached the daily descending trendline and for rejected.
The price is now retracing and we can expect a test of the 0.5 / 0.618 Fibonacci retracement.
According to Plancton's strategy if the price will pèrovide us a sign of inversion we can set a nice 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.