gbp in rang if break high then buy if break low then sell
EUR depreciating after a year and a half of staying within the same range, the fundamentals and technicals both point downward for the time being. Disclaimer: This is a risky and long-term holding position, you can stay in the red for months before getting in profit, however if you have discretionary skills and get in at the right time, you might be able to make...
EURJPY on the weekly timeframe is testing perfectly a confluence zone. The price is testing the ascending trendline and we will look for a break of the structure to set a nice order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
USDCHF on the weekly chart found a bottom over the important support structure. The market from there started a nice impulse to the upside. On the 4h chart the price broke the retracement channel and tested the 0.618 Fibonacci level. Now we can expect a continuation to the upside and according to Plancton's strategy if the price will satisfy the conditions we...
In this video, we will cover the analysis of the different time frame starting from the weekly to the 4h one. We can notice how the price broke an important level above a weekly structure after testing it a few times. The market carries on the bullish momentum and we will be ready to look for a nice order when the condition of our strategy will be ready to be applied.
Video explanation of the weekly daily 4h chart on last EURUSD chart ––––– 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,...