EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level.
The price after the double bottom retest the 50% of the impulse and moved higher.
Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURCHF on the 4h chart has moved as expected to the daily resistance below the 1 round level.
The price after the double bottom retest the 50% of the impulse and moved higher.
Currently, the market is trading below a daily structure and according to Plancton's strategy IF the market will break above we can set a nice long order
EURGBP on the 4h chart after the test of the daily support at the 0.87400 area has created an impulse that broke the previous lower highs of the downtrend.
The price moved above a weekly structure and retest it a few times.
Is also interesting to see how the weekly structures lays exactly over the 0.618 Fibonacci area and the 0.5 is a 4h resistance.
I will wait...
EURCHF on the 4h chart created a perfect double bottom on the recent low.
As we know the double bottom play at best ta the end of a doentrend and this is the case.
The market started an impulse to the upside and then as the market waves normally do, retrecd to the 0.382 fibonacci level over a support with a spike to the 50% level.
How can i approach this...
USDJPY after the test of the 137.500 area dropped with a series of lower low lower high until the 130 round zone.
The market took the liquidity below the daily support and retest the 130.500 and started an impulse to the next resistance area which is the previous lower high.
According to Plancton's strategy IF the price will break above we can set a nice long order.
EURUSD on the 4h chart after our previous analysis exceed our expectations and moved up to the 0.786 Fibonacci level.
The market after the test of the weekòy resistance moved lower to the 0.618 support level and a further retracement to the 50% can be seen.
How can i approach this scenario?
I will wait for a potential test of the 1.08 level and if that will...
USDCHF on the chart shows how after the liquidity grab below the support area the price retest the weekly support with a potential double bottom.
The double bottom pattern is known as a reversal one and it plays better at the end of a downtrend as it this would be the case.
The price has now broken the previous lower high and is testing a crucial confluence area...
GBPCAD on the 4h chart is trading below a key resistance level at the 1.68500.
The structure has been tested few times also in the past and a retracement t to the 0.382 or lower Fibonacci level can be seen before the bulls regain strength.
How can i approach this scenario?
I will wait for a retest of the support area and IF the price will revere and satisfy the...
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...
GBPJPY on the 4h chart is trading above the 160 level.
We know how this pair particularly love the round numbers and we can wait for a potential break of it to look for a short opportunity.
The price in fact after the uptrend move took the liquidity at the 166 level with a false breakout move with the 164 and 162 as ket levels in the downtrend.
After a first test...
EURUSD on the 4h chart after the triple bottom started an impulse to the upside.
The price bounced a few times over the weekly structure and is currently trading below the 1.07 level below a daily resistance.
How can i approach this scenario?
A test of the 50% is highly possible in this case and for this reason i will wait for a potential break of the are and if...
NASDAQ on the 4h chart after yesterday's news creates and engulfing candle.
The price launches a spike over the resistance area to grab the liquidity and moved sharply lower.
The index has bounced over a minor support and is retracing to the upside on the asian session.
How can i approach this scenario?
I will wait for a potential break of the structure and if...
NZDUSD after our previous analysis reached the 0.61 support area.
The price created a potential inverse Head & Shoulders pattern with 2 right shoulders that have higher lows.
The pairs has now broken the neckline and some more buying pressure can be seen at the EU or US market open.
How can i approach this scenario?
I will wait for a potential test of the...
AUDUSD on the 4h chart after our previous analysis has played as expected (link below) with a retest of the weekly resistance.
We can notice how after the recent low the price provided a perfect retracement to the .786 Fibonacci level which is also known as one of the key levels for a potential inversion.
The trend in fact remains bearish with a series of lower...
GOLD on the 4h chart after the recent news started again the bullish run.
The price after the break of the daily resistance retest the level and is now trading below a minor 4h resistance.
Out outlook remains bullish and with the upcoming events and uncertainty in the banking sector we could see a new test of the 2k level.
How can i approach this scenario?
If...
After our previous analysis (link below) on the 4h chart GBPCHF moved as expected and create a bullish impulse that broke the descending trendline.
The price is now testing a daily resistance and we can see in the next few days a bullish continuation.
How can i approach this scenario?
I will wait for a potential break of the structure and if that will happen i...
USDJPY on the 4h chart after the recent test of the daily resistance at 138 level has dropped perfectly at the 50% retracement of the major impulse.
The market retested the 134 area and is now moving over the support at the 0.5 Fibonacci level.
According to the Plancton's strategy IF the market will break below we can consider a nice short order according to the...
GBPCHF on the 4h chart after the test of the daily support creates a false breakout of the area where the market took the liquidity below the support zone.
The price immediately climbed over the support and is now trading below a minor resistance structure.
According to Plancton's strategy IF the price will break above and satisfy the MTB strategy we can set a...
