USDJPY after my previous analysis dropped as expected bellow the support area.
The market is now trading above a lower support support and tomorrow the news on the Consumer Price Index could push the price further Further low on the DXY-
How can i approach this scenario?
For the ones who are already in from my previous call i would put this position risk free while i will wait for a further confirmation according to Planctons's strategy of a new lower low.
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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
The market is now trading above a lower support support and tomorrow the news on the Consumer Price Index could push the price further Further low on the DXY-
How can i approach this scenario?
For the ones who are already in from my previous call i would put this position risk free while i will wait for a further confirmation according to Planctons's strategy of a new lower low.
–––––
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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