USDJPY on a retracement move ? 🦐

USDJPY on the 4h timeframe is trading at the recent highs over a static support area .
The price after a long bull run might look for some bearish retracement and is currently creating a potential break to the downside.

How can we approach this scenario?

We will wait for a break of the support area and in that case we will search for a possible short order entry according to the Plancton's academy 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
240minjpyTrend AnalysisUSDUSDJPY

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