EURJPY looking up 🦐

Mar 28, 2023

EURJPY on the 4h chart after a few test of the daily support at the 140 level started a love to the upside.

The price attempt a few times the break of the structure at the round nu,ber level without any success and after the last impulse the market retraced at the 0.382 Fibonacci level and is currently trading below a minor resistance area.

How can i approach this scenario?

I will wait for the EU market open and IF the market will break above i will set a nice long order according to the Plancton's strategy.

Mar 29, 2023

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the market moved as expected and is testing already the 143 area

Mar 29, 2023

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higher high and 200 pips delivered

Mar 30, 2023

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possible approach to the higher resisatance

Apr 3, 2023

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testing a confluence area

Apr 4, 2023

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new resistance rejection

Apr 6, 2023

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perfect test of the 50%

Apr 7, 2023

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testing the resistance now

Apr 12, 2023

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more than 3% and new higher high

Apr 13, 2023

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500 pips and new recent high

Apr 14, 2023

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new recent high

Apr 17, 2023

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test of the resistance

Apr 18, 2023

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still testing the daily resistance