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Premium Post: GBPUSD on a double bottom

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Premium Post: GBPUSD on a double bottom

Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: GBPUSD on a double bottom
After our last analysis GBPUSD broke above the descending channel as expected.
The market from there started a retracement move until the 0.5 Fibonacci level for a test of the support.
According to Plancton’s strategy if the conditions will be satisfied we can set a nice long order.

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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. Apr 19 Comment: [/s2If]
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