U.S. Dollar / Japanese Yen
Updated

USDJPY is taking a break? 🦐 -UPDATE-

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USDJPY after my previous analysis dropped as expected bellow the support area.
The market is now trading above a lower support support and tomorrow the news on the Consumer Price Index could push the price further Further low on the DXY-

How can i approach this scenario?

For the ones who are already in from my previous call i would put this position risk free while i will wait for a further confirmation according to Planctons's strategy of a new lower low.

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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
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snapshot waiting for a lower low
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snapshot perfect short, the news just accelerate the decision
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snapshot 700 pips call, dropped as epxcted
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snapshot 800 pips call
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snapshot 860 pips call

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