NZDJPY aftter the recent high hit perfectly the weekly resistance and started a retracement move.
The market is currently moving into a descending channel and approaching the 0.5 Fib support.
According to Plancton's strategy if the price will provide us an inversion over the 0.5 or the 0.618 we will check for a noce long order.
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.