EURJPY looking up 🦐 - Update -
Updated
After our previous analysis EURJPY moved as expected, the price perfectly followed my drawing and break the resistance structure then turned support.
After the retest of it the price is now trading below a new resistance area
How can we approach this scenario?
We will monitor the European market open and wait for a possible break of the resistance area , at retest of it we will check for the application of the Plancton Academy rules application and set a nice long 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
After the retest of it the price is now trading below a new resistance area
How can we approach this scenario?
We will monitor the European market open and wait for a possible break of the resistance area , at retest of it we will check for the application of the Plancton Academy rules application and set a nice long 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
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