There is classic divergence on the daily and hidden divergence on the weekly at the PCZ of a Gartley.
Hello everyone, if you like the idea, do not forget to support with a like and follow. SELL (Swing) Entry: 25.47814 Take Profit: 25.80058 Stop Loss: 25.41718 Based on Weekly POI due to W formation. Retracement on the neckline of the W formation, entry on the 4H TF Good luck! All Strategies Are Good; If Managed Properly! ~FX_SHIFTER
market is bottomed out from the last post it went up over 7k hit the necktie breaking it up and didnt make a significant lower low excellento its overbrought on all 3 major trends this market will do a strong bullish breakout this trade has the potential to be my next held
#EURCZK currently the market is moving in a bullish channel. And its next move will be decided when it touches resistance.And breaks it out or not.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This look like a chart that's ready to see this currency pair take off!!! What do you think?
Bullish bat formation for Eurczk. Heard from a friend that the domestic situation is not really good in the country. I'm long on it.
EURCZK is moving inside a descending channel. The market after the last retracement tested the resistance structure and now is above a minor support. If the price will break below, according to Plancton's strategy, we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
On the daily timeframe we again have a nice W formation and we are expecting the completion at the neckline. On the lower timeframes market is showing rejection to resistance and a deceleration, if we get a break and close below support we will take the short on the retest.
Could be a good long opportunity here if we see a bounce from the current support area. The sentiment is still quite bearish so must be cautious when looking to enter a trade. This level previously acted as support in August and this aligns with previous resistance looking further back. We are also at 0.618 Fibonacci. Before entering a long we need to look for the...