U.S. Dollar / Japanese Yen
Updated

USDJPY a new short opportunity 🦐

811
USDJPY after my previous analysis moved as expected in bearish price action.
The market closed the last week below a daily structure and IF the market will retrace and test it we will consider a nice short order according to the Plancton's strategy rules.
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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.
Note
snapshot perfect test of the 0.5 Fib as expected
Note
snapshot test of the 0.618 Fib
Note
snapshot distribution in the interested area
Note
snapshot waiting for the CPI
Note
snapshot perfect analysis and turn at the 0.618 Fibonacci level

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