USDJPY on the daily chart broke the descending channel.
The market after the perfect test of the 0.5 Fibonacci level is moving to the weekly resistance area.
According to Plancton's strategy if the price will break above and satisfy the ACADEMY conditions we will set a nice long order.
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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
The market after the perfect test of the 0.5 Fibonacci level is moving to the weekly resistance area.
According to Plancton's strategy if the price will break above and satisfy the ACADEMY conditions we will set a nice long 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 trendline holds well the preice atm
Comment:
www.tradingview.com/x/AxgxPg9X/perfect resistance rejection
Comment:
moving to the resistance area