NZDJPY on the daily chart is currently testing the weekly support after a few rejections by the strong descending trendline at the highs. The market right bounce today to the upside to gain the strength for a break below.
How can i approach this scenario?
I will wait for a potential break of the support area and in that case i will look for a nice short order according to the Plancton's strategy rules. --ββ Follow the Shrimp π¦
Keep in mind. π£ Purple structure -> Monthly structure. π΄ Red structure -> Weekly structure. π΅ Blue structure -> Daily structure. π‘ Yellow structure -> 4h structure. β«οΈ 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.