GBPNZD on a monthly resistance 🦐

GBPNZD is on the test of a monthly resistance.
Price is consolidating below the 1.95500 level and at the moment is respecting the ascending channel.
IF the price will break and close above the 1.96 level, we can set according to Plancton strategy 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.
GBPNZD

Comment:

nice break above

Comment:

price respecting the channel.