NZDUSD on the 4h chart after the test of the 0.63750 area retraced to the 0.618 fibonacci level over a support zone. The price from there started an impulse to the 0.63200 area and is currently testing a 4h resistance. How can i approach this scenario? I will wait for a potential break of the area and if that happen i will monitor the market for a nice long...
EURUSD after my previous idea moved as expected. The price has created a new recent high and is now testing the 0.618 Fibonacci level. According to Plancton's strategy IF the market will satisfy the condition we can set a new long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵...
SP500 on the daily chart after the recent high tested the descending trendline at the 0.618 Fibonacci level and started a retracement move to the 0.5. The price is now moving over a daily support and a possible break can happen. How can i approach this scenario? I will wait for the US market open and if the market will break and close below i will consider a...
GBPJPY on the 4h chart retraced èerfectly at the 0.618 Fibonacci level exactly at the 169.900 at the previous higher low level. The price is now trading above a minor resistance and the actual lower low lower high move has been respected. How can i approach this scenario? I will wait for a possible break of the support and in that case, i will consider a nice...
GBPJPY on the 4h chart after the sharp retracement from the recent low tested the 0.886 Fibonacci level and turned to the bearsih scenario. The market tests the 0.618 level and a downside continuation can be expected. . How can i approach this scenario? If the price will break below the support area i will set set a nice short order according to the Plancton's...
USOIL on the 4h chart after the break below the important monthly support retested the structure and exactly the 0.618 Fibonacci level. The price is trading above a 4h structure and IF the market will break below i will be looking for. a nice short order according to the Plancton's strategy rules, -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
EURGBP after the recent lows tested perfectly our belove 0.618 Fibonacci retracement . The price is now trading above a minor support and we can expect some further bearish move. How can i approach this scenario? I will wait for a break below and in that case i will look for a nice short order according to the Plancton's strategy rules. ––––– Follow the Shrimp...
GBPCAD on the 4h charthas retraced at the 0.618 fibonacci level. The price found a support over that area and an inversion can be expected. How can I approach this scenario? I will wait for a possible break above the structure and in that case I will look for a nice long order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in...
EURUSD successfully maintained the 1.0 USD level.This is a significant psychological level! As per my Elliott Wave analysis, this huge downtrend should be over, and now I expect a corrective move to the upside. An impulse Elliott Wave has been successfully completed. Let's see how big this correction is going to be. On the daily chart, we can spot a beautiful...
GBPUSD on the 4h chart is trading at the recent lows. The market after the break of the monthly support has retraced for a test of the 0.618 Fibonacci level and is currently testing the 1.20 area. How can i approach this scenario? I will wait for a potential break of the structure and in that case i will look for a nice short order according to the Plancton's...
NZDJPY on the 4h chart is currently testing the weekly support. The market retraced at the 0.618 Fibonacci level after the latest structure test. How can i approach this scenario? I will wait for a potential break of the support area and in that case i will look for a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in...
EURCHF on the daily chart after the test of the 1.05 level retraced at the 0.618 Fibonacci level. The market, after a few tests of the level started a new impulse and is now trading below a weekly resistance. How can I approach this scenario? I will wait for the EU market open and check for a possible break above. After that, I will move to the 4h chart to set a...
XAGUSD on the 4h chart reached the weekly resistance at the 22.300 level. The price is now moving between the upper structure and a support area and some deeper retracement can be seen. How can i approach this scenario? I will wait for the EU market open and look for a possible break of the support area. In that case, i will wait for the test of the 0.618 and...
USDJPY on the 4h timeframe reached after the recent highs started a descending move. The market, after an attempt to break the support area, retraced back above and perfectly tested the 0.618 Fibonacci level. How can we approach this scenario? We will wait for a break of the support area and in that case we will search for a possible short order entry according...
USOIL on the 4h chart is testing a minor resistance level at the 106 area. The price after the recent low started a higher high higher low move with the last retracement over the 0.618 Fibonacci level. How can i approach this scenario? I will wait for a potential break of the structure and if that happens i will look for a nice buy order according to the...
EURJPY on the 4h chart has tested the 0.618 Fibonacci after the recent highs. The price is now testing the lower structure over the 0.382 level. How can we approach this scenario? We will wait for the market to break below the area and In that case I will set a nice short order according to the Plancton's academy rules --–– Follow the Shrimp 🦐 Keep in mind. 🟣...
GOLD on the daily chart is providing us a deeper retracement outlook The price after the recent top is testing the 0.618. Fibonacci level and the long wicks of the last weekly candle make me consider a test of the 0.786 Fibonacci level over the support area can happen. How can i approach this scenario? I will wait for the European market open and check for a...
NZDUSD on the 4h chart after our previous analysis reached the support area at the 0.618 Fibonacci level. The price from there bounces over the support and is now trading below a minor resistance near to the 0.5 Fibonacci area. How can i approach this scenario? I will wait for the EU market open and if the market will break above the structure i will be looking...