plancton0618

CADJPY on a bullish break 🦐

Short
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
CADJPY on the 4h chart is trading at the recent highs.
The market after a few test of the top started a range trading and bounced on the lower support for a test of the 0,382 fibonacci level.

How can i approach this scenario?

I will wait for a potential break of the structure and if the price will satisfy the Plancton's strategy i will set a nice short order according to the Plancton's strategy rules.

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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ 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.
Comment: the price tested the 0.5 Fibonacci

🦐 FOLLOW THE SHRIMP🦐

🎯 Forex Telegram: https://www.plancton0618.com/telegram/forex

πŸš€ Crypto Telegram: https://www.plancton0618.com/telegram/crypto

πŸ“š Plancton's Academy: https://t.me/plancton0618Admin

πŸŽ₯ YouTube: https://www.youtube.com/
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