Euro / Japanese Yen
Long
Updated

EURJPY ready for a break to the upside? 🦐

124
EURJPY after the break below the 125.800 structure bounces over the 0.5 Fibonacci level of the previous leg.
The market from there started a new impulse and now testing a strong resistance level.
If the price will break above, according to Plancton's strategy, we can set a nice long 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.
Note
snapshot the price is breaking to the upside
Note
snapshot nice impulse, as expected
Note
snapshot bullish momentum until the top trendline
Note
snapshot the price got rejected by the ascending trendline

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