USDJPY on the 4h timeframe is trading at the recent highs inside an ascending channel. The price after a long bull run might look for some bearish retracement.
How can we approach this scenario?
We will wait for a break of the dynamic support and in that case we will search for a possible short order entry according to the Plancton's academy rules. âââââ Follow the Shrimp đŠ
Keep in mind. đŁ Purple structure -> Monthly structure. đŽ Red structure -> Weekly structure. đ” Blue structure -> Daily structure. đĄ Yellow structure -> 4h structure. â«ïž 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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