EURJPY after the strong bullish impulse took a break,
The price show us some red candle and some more retracement can be seen.
How can I approach this scenario?
I will wait for a break below the support area and in that case I will be looking for 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.
🔴 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 show us some red candle and some more retracement can be seen.
How can I approach this scenario?
I will wait for a break below the support area and in that case I will be looking for a nice short order according to the Plancton's strategy rules.
--––
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.
Komen:
moving lower as expected
Komen:
460 pips call
Komen:
bounce over the support
Komen:
580 pips drop here
Komen:
a 4% profit
Komen:
retest of the support below a dynamic liquidity zone
