USDJPY on the 4h chart after the previous idea broke and retest the resistance level as expected.
The price also broke the descending trendline creating a potential long setup opportunity.

How can i approach this scenario?

IF the price will break the minor resistance level we can consider a buying setup according to the Plancton's strategy rules.

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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.
ملاحظة
لقطة still waiting foir the break
ملاحظة
لقطة break above and test of the previous resistance
ملاحظة
لقطة 140 pips call
ملاحظة
لقطة nailed it
ملاحظة
لقطة a 2% call
ملاحظة
لقطة higher high
ملاحظة
لقطة possible new recent high ahead
ملاحظة
لقطة ascending triangle, need a confirmation
240minjpyTrend AnalysisUSDUSDJPY

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