EURJPY on the daily chart created a double bottom over daily support.
The price bounce at a confluence point near to dynamic support over the 0.5 Fibonacci level with a string bullish impulse to the upside.
The pair is now trading near to the previous recent high and we could see some consolidation and retracement before a possible break.
According to Plancton's strategy if the market will break above the resistance and satisfy the ACADEMY rules we will set a nice long 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.
The price bounce at a confluence point near to dynamic support over the 0.5 Fibonacci level with a string bullish impulse to the upside.
The pair is now trading near to the previous recent high and we could see some consolidation and retracement before a possible break.
According to Plancton's strategy if the market will break above the resistance and satisfy the ACADEMY rules we will set a nice long 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.
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