InkyGrip

USDJPY for a lower low 🦐

FOREXCOM:USDJPY   Dolar A.S. / Yen Jepun
USDJPY on the 4h chart, after the expected retest of the daily resistance, continues the descending move.
The market is now testing the support at the 138.250 level.

How can i approach this scenario?

If the price will clearly breaks the structure i will consider 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.
Penafian

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