USDJPY for a lower low 🦐

Mar 22, 2023

USDJPY on the 4h chart has moved in a series of lower low lower high.
The price after the recent low has retested the previous support, turned resistance, at the 50% of the impulse.

The market can now create a new recent low and we will wait for a potential break of the support at the 0.382 Fibonacci level and look for a nice short order according to the Plancton's strategy rules.

Mar 23, 2023

Note

lower low as epxcted

Mar 27, 2023

Note

a bounce over the support as expected

Mar 28, 2023

Note

possible bearish continuation below the structure