EURJPY on the 4h chart after the bullish leg created a nice retracement move until exactly the 0.618 fibonacci level.
The price created a double bottom over it and tested the 0.5 at a 4h resistance zone before moving up to the weekly resistance structure at the 0.382 fib level.
IF the price will break and close above the weekly resistance area we can set a nice long order 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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
The price created a double bottom over it and tested the 0.5 at a 4h resistance zone before moving up to the weekly resistance structure at the 0.382 fib level.
IF the price will break and close above the weekly resistance area we can set a nice long order according to Plancton’s strategy
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Comment:
nice break above
Comment: