Hi guys. Have been going through my previous analysis and I have to get back my old channel into play. We are bouncing actually multiple times off of the top line of the channel we have ben moving in the last 9 months before braking out of it in late December. My point of view is that we will be bullish in the following month, and then to expect a great decline in...
$UMA.X is trying to have a breakout from a bullflag. IF the price will have a breakout upward and flip the current 4h 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 structure. 🔵 Blue...
QTUMUSDT is testing daily resistance and the price is creating a bull flag. IF the price will have a breakout and turns the current resistance as 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 structure. 🔵...
The NZD is bullish in the short term as the DXY weighs heavily on the US elections in November. The country's GDP contracted in Q2 by -12.2% as opposed to the consensus of -12.8%. After elections in New Zealand, leadership is said to be more inclusive and this might have a positive impact on the economy as it recovers. The CFTC COT Weekly Data shows that...
The $SPX sell-off from September 2nd highs, created a consolidation range (orange rectangle) from $330-340 approximately. Making a measured move, with the consolidation constituting a half-way measuring flag structure (blue arrows). 100 exponential moving average is now the trend support, coincidental with June highs. Unfortunately, this is not a support trend...
After amazing profit ( +62% previous idea the price is inside a bull flag an it finds 4h support. IF the price will have a breakout from flag According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
XMRBTC is creating a bullflag below weekly resistance, after a nice recover. IF the price will break the weekly resistance According to Plancton's strategy, we can set a nice order Weekly ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
Technicals - High probabilty bullish flag formation. Fundamentals - record inflows continue and are likely to keep going/growing in this environment.
XAUUSD still in an uptrend now in flag formation. This has not yet broken the main up trend line so main direction is up. Look to buy at bottom of flag or once we have a north breakout Good luck! Charles V www.cvfxmanagement.com Trading made Simple
ETHUSD create a bullish flag like BUTUSD IF the price will break the 4h structure and retest it According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy...
ZECUSD Exit Price 48.33474324 Exit Price 40.79895114
Bear flag showing on the 30 minute chart. Possibility of a break to the down side.
Blue lines and areas - 4H time frame Red lines and areas - Daily time frame Black lines - Hourly time frame Green areas - Lower time frame
Flag formation works well. After touching the red dot, there may be a slight correction and then it can be open LONG position again from the support zone (green dot). The goal is currently $ 308-315.