After completing 78.6% retracement, I've decided to go long. 78.6 and 88.6 are my two favorite retracement levels. Risk: 9.9% Reward: 98%
ROKU dipped below a resistence-turned-support @ 443 briefly to test close to the 21 day moving average before closing as a pretty bullish pin bar on Wednesday. The stock has only retraced less than 50% of its recent AB swing up and has held well yesterday despite the overall market sell off. Expecting this stock to continue it's uptrend with possible near term...
Trying my hand at a FIB on GRT looking at a bullish Gartley Wave. First buy was at D 1.94 sold at 2.25 next long at 2.15 next sell point 2.44 - 2.55 if we break 2.44 tonight. Will re enter at 2.44 after run up. and place next long. Looking for honest feedback as I am learning this strategy.
nzd jpy is at very strong resistance area and verey soon going back down to those Fibonacci retracement areas which are motioned below look for bearish confirmations and enter short with your own money management patience is the key
GBP JPY is at very very strong resistance area and gona go back to retest the broken structure look for bearish confirmation on lower time frames and enter short with your own money management patience with discipline is what really required to be successful in trading always remember patience is the key
From where we are with the XRP price right now, i am still seeing two possible scenarios, given that the BTC is still preparing for a major correction. Either BTC corrects as XRP price is still in current region (ABC correction), or after XRP moves up to a fair price with the rest of the market (close to 0.786fib. level) and then BTC corrects pulling most of the...
Check charts for notes Just a salmon Chart patterns Do not take this for gospel
GBPAUD - I liked and still do feel GBPAUD has great trading opportunities, I've been swing/day trading GBPAUD. Hope you had or having a great weekend...so far! Let's dive into GBPAUD - Technical aspects: Pattern: Wedge Support: 1.77900, 1.77585, 1.76860, 1.76295 Resistance: 1.76295, 1.80200, 1.80450, 1.8100, 1.81580 How to play this trade idea? - Add...
Gold recently retraced for what looks like possible impulse movement but just, but it seems the bears are still in power so this a possible movement withiin the day
GBPAUD after the last impulse retraced and consolidate over the 0.382 Fibonacci level. The market is now testing the resistance structure at 1.79400 and according to Plancton's strategy if the price will break above we can set a long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. •...
AVAXUSDT bounced on 0.5 Fibonacci level, and now the price is testing 4h resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
ETHUSDT reclaims 1500 USDT? After a nice bull run, the price broke a rising wedge, and it starts with a correction. On the 0.618 Fibonacci level we can see a nice support. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
After our previous Idea with AMAZING gain The price had a new breakout from a pennant. Now it is testing 0.5 Fibonacci level and we are waiting for the new bullish impulse. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Good morning to all respected Investors and Traders, I made a simple analysis for ADA/USDT I reckon you guys to entry and take profit at my sign.. Critiques and comments are supper appreciated Happy trading. y'all !! Best,
HELLO Traders! ✔GBP/USD is totally Bullish but there are some parts of resistance around @1.38644 ✔If price breaks it should Rise but if the price respects it should fall looking for a support to bounce again. ✔Using Fibonacci to determine Possible Support and Resistance 60 PIP Analysts