Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: EURJPY ready for a break to the upside?
EURJPY is moving inside an ascending channel .
The market after a consolidation move between 2 structures broke below and perfectly tested the lower trendline.
From there the price created a nice bullish impulse and close the daily candle below the resistance zone at 130.500.
According to Plancton’s strategy if the price will break above we can set a nice long order.
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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. [/s2If]
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