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InkyGrip
Nov 6, 2020 7:02 AM

EURJPY on a minor retracement move 🦐 Short

Euro Fx/Japanese YenFXCM

Description

EURJPPY after breaking below the daily structure hit the ascending trendline and retest the resistance area at the 0.5 fib level.
The price on the 4h chart is moving inside a minor ascending channel.
IF the price will break and close below we will set a nice short according to Plancton's strategy.
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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.
Comments
AmithS
great...see my idea

InkyGrip
@AmithS, appreciate your vision
bobber70
Agreed, at a major zone, interested to see which way it breaks
InkyGrip
@bobber70, thanks my friend
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