AUDJPY can move lower? 🦐

AUDJPY on the 4h chart on last Friday broke below the support area at the 93 level.
The market is now looking for a retracement and a possible retest of the 0.382 Fibonacci level.

How can i approach this scenario?

I will wait for a retest of the resistance level and at that point if the price will provide an inversion i will check a potential 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.

Comentário:

after a test of the 0.618 the market is moving lower

Comentário:

after the retest of the area the price will be looking for a bearish mive