NZDJPY looking for a lower low? 🦐
NZDJPY after the recent highs is moving into a retracement on a lower high lower low move.
The price, after the perfect test of the monthly support (purple), created an impulse to the 77.350 area and currently is trading around the weekly support at 76.300.
According to Plancton's strategy if the conditions will be satisfied we can set a nice short 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The price, after the perfect test of the monthly support (purple), created an impulse to the 77.350 area and currently is trading around the weekly support at 76.300.
According to Plancton's strategy if the conditions will be satisfied we can set a nice short 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Comment:
the price turn for a test of the weekly support