InkyGrip

USDJPY on a bearish momentum 🦐

InkyGrip Updated   
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
USDJPY after our previous ideas continues the bearish momentum as expected.
The market dropped to a daily support level and broke the ascending trendline.

How can i approach this scenario?

I will wait for a possible retracement on the 4h timeframe and IF the price will provide us a sign of inversion 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.
Comment:
lower low as expected
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