EURGBP on the4h chart after the 0.618 rejection from the descending trendline broke the support area and currently is retesting it. According to Plancton's strategy IF the market will provide us a sign of inversion we will be ready to set a nice short order. If the price instead will break above, at the retest of it we will check for a long...
It took a whole 3 months for the price to move over 17,000 pips in our direction since my last publication on this pair (see link below for reference purposes); that is approximately 83.7% growth in 3months! And following the sudden loss of $10,000 during last week trading session (7th of Sept 2021 to be precise), the price has remained untypically stable with...
GOLD on the daily chart got rejected by the confluence point at the daily resistance. The price created a triple top on the 0.618 Fibonacci retracement level and now is moving to the support structure. According to Plancton's strategy if the price will break below we will set a nice short order following our Academy rules. --–– Follow the Shrimp 🦐 Keep in...
CHFJPY on the 4h chart after the double bottom over the daily support started a move inside a range between 2 structure. The price tested a few times the lower structure exactly at the 0.618 Fibonacci level and now is moving to the upper one. According to Plancton's strategy if the market will break and close above we will set a nice long order. ––––– Follow...
Nice THREE Drives Pattern possibility on 11TH of AUGUST.
#1 Both trend lines crossed. #2 Elliott impulsive waves were completed as usual. #3 Elliott correction waves also has been completed. #4 Fibbonaci 61.8% ratio All the above facts meet at the exact same point! Happy Trading!!
GBPJPY on the daily chart is trading below a weekly structure. The price after a few test of the daily support at the 148.820 area started a retracement move to the upside and is moving to the 0.618 level. According to Placton's strategy if the price will provide us a sign of inversion we will set a nice short order, if the market instead will break above at the...
CHFJPY on the daily chart is moving inside a retracement channel after the recent high. The price moved in a lower high lower low pattern over the trendline until the 0.618 Fibonacci level. At the moment the pair is trading close to a weekly resistance and according to Plancton's strategy if the price will break above we will set a nice long order. –––– Follow...
CADJPY after the last impulse retested perfectly the support area at the 0.618 Fibonacci level. The pair is now pushing for a new recent high and testing the resistance area. According to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
Sup! I see a great possibility here of Bullish 3 drives pattern on 1h chart, and according to main falling tendency it won't take much time. Two times has priced already rebounded from 61,8 lvls, so its about to wait for some rebounds from 1,272 /1,41 and other levels (it can be another Cypher or kinda sth like that). After what activity will return to a bear...
Even though we held on to a 400pips move in our direction since my last publication on this pair; a sudden breakdown of Channel and Trendline coupled with the appearance of a Head & Shoulder pattern (see previous publication in the link below for reference purposes) insinuates a bearish momentum is imminent. Further consolidation amidst a mixed outlook remains the...
Price did not move as expected from our last speculation on this pair (see link below for reference purposes) as Y109.200 became a very strong Demand level for the Yen. Tendency: Downtrend (Bearish) Structure: Breakout | Supply & Demand | Trendline | Harmonic pattern (AB = CD) Observation: i. In the last 10 days and since the price broke down...
XAGUSD hasn't broken its inside week yet, here we got a 0.618 pullback of the previous drop. I would like to take some tiny risk to get involved in the trade and pull my out above 23.81 Let's see how it goes yo!
GBPUSD on the 4h chart after the test of the previous low started an impulse to the upside. The price moved between the 0.382 and the 0.5 Fibonacci retracement, accumulate, and is now testing the 0.618. According to Plancton's strategy if the price will turn and break below the 0.382 support we can set a nice short order. ------ Follow the Shrimp 🦐 Keep in...
Binance Coin it's showing us a good bought to put a buy order limit at $493 USD. This it's my buy order price that I put a buy limit. Now, I put the SL at $460 USD and target at $650 USD. This it's a risk/benefit of 1:5. It's excellent proportion to get nice trade in this cryptocurrency.
NASDAQ on the 4 chart has tested perfectly the 0.618 Fibonacci level. The price is back below the daily structure at the previous all-time high and according to top Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
In as much as the set-up on my daily chart predicts a bearish bias, a holistic perspective from the weekly chart states otherwise as the appearance of a Hammer candle doing a sharp rejection of the Bearish trendline which was broken at the beginning of May 2021 signifies a hidden momentum building behind the scenes by the buyers. The demand for the precious metal...
The gold fell just a little after a very bullish recovery from the week before amid a strengthening dollar. The gold has ranged throughout the week as it stayed resisted by the supply level at 1795. The dollar has strengthened through the week on a hawkish Fed to start tapering this year and most pairs against the dollar had turned bearish but gold was somewhat...