EURJPY after the bullish impulse broke above the weekly resistance at 123.800. The price started a retracement move until the 0.5 fib level over the support in a minor descending channel. IF the market will break above the 4h structure and consequently break the channel we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp...
AUDJPY is standing on support level according to Stochastics, trendline and fib. we could see more upside from here !
AUDJPY is approaching m 1st support, where 38.2% fib retracement and horizontal pullback support are. Price could bounce above this level towards our 1st resistance where the horizontal swing high is. Stochastics is also showing signs of bullishness.
USDJPY testing trendline, more downside !
CADJPY brokedown below the descending triangle support as expected from my previous analysis ✅.
🔸We can see that this pair was in a downtrend for more than two years. At the beginning of 2020, it faced a powerful demand zone, which generated a rejection at that level. After this movement, the price made a breakout to the upside of the downtrend Channel. 🔸This was the first indication that the downtrend might be over. 🔸The first break attempt appeared to be...
we have clear crossing channel now we expecting bull back crossing the supply area our target will be the peavies POC as HVN resistance as shown on the chart
GBPJPY is seeing pullback to your trendline, potential bounce ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
GBPJPY is seeing pullback to your trendline, potential bounce ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
AUDJPY brokeout above the downtrend resistance. RSI is printing a bearish divergence signal. The market is printing a double top reversal pattern. Potential retest of the downtrend resistance + fibonacci retracement levels. Sell entry - breakdown below the double top neckline support ⬇️.
AUDJPY is reversing from 1st resistance, where the horizontal swing high and 76.4% fib retracement are. Price could reverse further towards our 1st support where the 78% fib extension and 38% fib retracement are. Stochastics is also showing signs of bearishness.
USDJPY after the false breakout below the weekly structure bounced back above. The price found resistance below a daily structure and start to consolidate in a triangle formation. IF the price will break above the 106 level and consequently break the descending trendline, we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp...
AUDJPY on the daily chart is moving inside a descending channel. The price just hit and got rejected by the upper trendline, creating a double top formation. IF the price will break below the ema and consequently break the support structure we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...