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Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
hey God bless you guys in this videos we did a update on GBPJPY and price did exactly as we expected it to come down and hit the 618 on the fib!! and i did my best to speak in this video i think i have allergies im not feeling so well but i did my best but i hope it bless you!!
The price is testing the monthly support on 110 $ level, it's a key level.
On the daily timeframe the price got a rejection from the 0.618 Fibonacci level, it's a key level for the market and now the price is testing the previous support.
How to approach?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice...
the price tested again the 0.786 Fibonacci level on the monthly timeframe and have a breakout from the descending channel on the weekly timeframe.
As you can see the price has a confluence on 227$.
On the 4h timeframe the price created a descending channel had a breakout but without momentum.
So How we can approach it?
If the price is going to loose the...
The price is testing the weekly resistance after a bounce on the monthly support on 0.34% Due the news the price had a bullish impulse.
on the daily timeframe the price lost the previous support as new resistance and now the price is testing it.
on the 4h timeframe, the price is testing the daily and 4h support.
How we can approach it?
The price could have a...
The price had a nice breakout from the monthly support and retested it as new resistance. On the daily timeframe the price is creating a descending channel below the weekly resistance.
On the lower timeframe the price is testing the 4h support.
How to approach?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice...
The price had a rejection from the monthly and after a breakdown from the weekly support on 19.84$ the price went to retest the daily support on 17,8$.
On the 4h timeframe, the price got a rejection from the previous 4h support now new resistance on 18.6$
How to approach?
The market is testing important daily support on 17.80$, the price bounced several times...
In my humble opinion an open above 31.50 on a 4 hour basis rallies Chain-link up to the old high of 36.93. Contrary to that point is an open below 30.00 {on a 4 hour basis} which could drive price down to the lower Trend Reactionary number near 27.00. Always ,Always, Always watch the follow through at these points!
