InkyGrip

EURJPY time to retrace 🩐

Kort
InkyGrip Uppdaterad   
FX:EURJPY   Euro/Japanska yen
EURJPY after the strong bullish impulse took a break,
The price show us some red candle and some more retracement can be seen.

How can I approach this scenario?

I will wait for a break below the support area and in that case I will be looking for 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.
đŸ”” 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.
Kommentera:
moving lower as expected
Kommentera:
460 pips call
Kommentera:
bounce over the support
Kommentera:
580 pips drop here
Kommentera:
a 4% profit
Kommentera:
retest of the support below a dynamic liquidity zone
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