USDJPy time for a retracement 🦐

USDJPY on the 4h chart is trading at the recent highs.
The price has moved in a bullish price action for quote a long time and some retracement can be expected.

How can i approach this scenario?

I will wait for the EU market open and if the market will break below the support are i will look for a nice short order 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.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger

تعليق:

perfect spotted recversal