EURJPY in a descending channel 🦐
Updated
EURJPY on the 4h chart is moving in a descending channel and reached the 129 area.
The price, after the test of the weekly support, made another test of the weekly ascending trendline and now is creating a lower high.
According to Plancton's strategy, if the price will break below and satisfy the Academy rules, we will set a nice short 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 price, after the test of the weekly support, made another test of the weekly ascending trendline and now is creating a lower high.
According to Plancton's strategy, if the price will break below and satisfy the Academy rules, we will set a nice short 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.
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