USDJPY on a bull flag (LONG)

Started by OZER, Dec 13, 2021, 11:03 PM

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USDJPY after the recent highs dropped at the 0.618 fib retracement.
The market started a consolidation phase trading between a support and a descending trendline.

According to Plancton's strategy if the price will break above the 4h resistance and satisfy the ACADEMY rules we will set a nice long order.

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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.
All content is for education purpose only, not financial advices.

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What time frame are you looking at?

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