U.S. Dollar / Japanese Yen
Short
Updated

USDJPY on a short outlook 🦐

228
USDJPY on the daily chart is moving in a descending channel

The price broke below the counter trendline and the weekly support.

According to Plancton's strategy if the price will 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
Note
snapshot ready for the break of the support
Note
snapshot the market moved lower

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.