NZDJPY after the break above the monthly structure at 73.150 went for a test of the recent highs at the 74 level. The market retraced inside a minor descending channel and after the break of it is testing the previous resistance. IF the market will break and close above we will set a nice long order according to Plancton's strategy.
--–– 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. Leave a comment that is helpful or encouraging. Let's master the markets together.
Note
The price breaks above the 1st resistance structure
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