GBPNZD will bounce at the 0.618 🦐

GBPNZD after the last impulse started a choppy retracement until the 0.618 Fibonacci level.
According to Plancton's strategy, if the price will break above, 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

Komentarz:

as expected

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perfect price consolidation below the resistance level

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bullish impulse and rejection by the reistance

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Nice break above as expcted

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a break and retest of the daily structure

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Flag formation