USDJPY testing 4h structure 🦐
On the weekly chart the market tested several times the weekly support structure before starting a new impulse to the upside.
Market on the 4h chart has recently creted an upper leg before retracing till the 0.5 fib level and start a 2nd impulse.
At the moment the price is testing the resistance structure and at break of it we can look for a nice long position according with our strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Market on the 4h chart has recently creted an upper leg before retracing till the 0.5 fib level and start a 2nd impulse.
At the moment the price is testing the resistance structure and at break of it we can look for a nice long position according with our strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Approaching now the next resistance. Waiting for a retest