U.S. Dollar / Japanese Yen
Updated

USDJPY on a bull price action 🦐

993
USDJPY on the daily chart broke the descending trendline.

The price after the correction phase create a strong bullish impulse.

According to Plancton's strategy if the market will retest the support we will monitor the pair for 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
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snapshot strong bullish impulse
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snapshot testing the weekly resistance
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snapshot the price broke above
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snapshot a perfect resistance rejection
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snapshot we look for the next inversion here
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snapshot a inversion is happening
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snapshot
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snapshot checking out for a higher high
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snapshot perfect move to the upside
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snapshot strong impulse
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snapshot approaching the weekly resistance
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snapshot
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tradingview.com/x/42STg9pl/the market broke above the weekly resistance

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