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0618

NZDCAD on a double top at the 0.618 🦐NZDCAD on the daily chart after the recent lows retraced exactly at the 0.618 Fibonacci level near to the 0.88 level. The market ended up creating a perfect double top and is currently testing a weekly support. How can we approach this scenario? Being both the double top and the 0.618 potential reversal point we will wait for a possible break below the support area and in that case we will move on the 4h timeframe to check for a possible entry point. According to Plancton's strategy if the conditions will be satisfied we will set a nice short order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger
Short
by InkyGrip
GBPCHF a turn at the 0.618 🦐GBPCHF on the 4h chart is currently testing the 0.618 Fibonacci level. The price after the attempt to break above the daily resistance created a false breakout started a retracement move in a falling wedge pattern. How can we approach this scenario? I will wait for the European market open and, in the case that the market will break above the resistance at the 1.22900 area, we will set a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
SPX500USD dropping to the previous low 🦐SP500 on the 4h chart can provide us a short opportunity during the beginning of the trading week. The price creates a perfect retracement to the 0.618 Fibonacci level and is now testing a daily confluence area. How can we approach this scenario? We will wait for the European market open and look for a possible break of the support zone. In that case, I will search for the application of Plancton's strategy rules to set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
OANDA:SPX500USDShort
by InkyGrip
2
GOLD can retest the highs? 🦐GOLD after my previous analysis moved as expected with bullish price action. The market clearly was in control of the bulls and after a test of the highs took a break. I remain bullish in the midterm and I can see another long opportunity if the market will satisfy our condition. The price in fact after the test of the highs took a break and tested the 0.618 Fibonacci level over an ascending trendline. How can we approach this scenario? If the price will break above the minor resistance area we will check for the application of Plancton's strategy rules to set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
OANDA:XAUUSDLong
by InkyGrip
EURUSD can move lower? 🦐EURUSD on the daily chart turned with a double top at the 0.618 Fibonacci level. The price after the first attempt to break below retests the weekly support area at the 1.12 level retests the resistance and created a bullish impulse that ends with a lower low.. How can we approach this scenario? We will wait for a retest of the daily support and in that case, we will move to the 4h chart. If the condition will be satisfied we will set a nice short order according to the Plancton's Academy rules. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
4
USDRUB for a new ATH following the crisis 🦐USDRUB on the monthly chart is testing a historical resistance at the 80 levels after the test with a spike of the 0.618 Fibonacci level. The market after the recent news on the Ukrainian crisis is pushing higher and we can expect some break above for a new ATH. How can we approach this scenario? Even though is very risky to trade with high volatility if the price will break above we can move to the lower timeframes and check for a possible long entry. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
2
EURUSD a turn at 0.618 Fib 🦐EURUSD on the daily chart turned with a double top at the 0.618 Fibonacci level. The price after the first attempt to break below retests the daily resistance area and now is moving again to the 1.10 zone. How can we approach this scenario? We will wait for a break of the daily support and in that case, we will move to the 4h chart. If the condition will be satisfied we will set a nice short order according to the Plancton's Academy rules. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
4
EURUSD testing a weekly support 🦐EURUSD on the daily chart turned at the 0.618 Fibonacci level. The price after the attempt to break below retests the daily resistance area and now is moving again to the 1.12 zone. How can we approach this scenario? We will wait for a break of the support and in that case, we will move to the 4h chart. If the condition will be satisfied we will set a nice short order according to the Plancton's Academy rules. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
4
EURGBP an unbeatable bear? 🦐EURGBP on the daily chart is currently testing the string support area at the 0.83000 level. The price after a few test over the confluence between the structure and the weekly descending trendline retraced at the 0.618 Fibonacci level and tested a daily resistance level before turning again to the support. How can we approach this scenario? The increasing volatility can provide some false breakout, especially in the areas of a strong structure. We will monitor the price for a possible break below the area and in that case, we will move on the 4h timeframe to look for the Plancton academy rules and set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
GBPJPY looking up 🦐GBPJPY on the daily chart is trading between 2 weekly structures. The price after the last test of the upper one created a perfect retracement to the 0.5 Fibonacci level with a spike to the 0.618 golden ratio. How can we approach this scenario? Currently the market is trading below a descending trendline and according to Plancton's strategy IF the market will break above and satisfy the Plancton Academy rules we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
EURUSD long scenario 🦐EURUSD on the 1d timeframe bounced over the weekly support and tested the 1.14650 resistance level. The price starts the retracement and perfectly tested the 0.618 Fibonacci support. How can we approach this scenario? We will monitor the price action and check if there will be a break of the resistance area that could give us a confirmation of the continuation to the upside. If the price will break above the daily resistance we will move to the 4h timeframe and check for the application of the Plancton Academy to set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
SP500 can move higher? 🦐SP500 on the 4h chart reached as expected the weekly support. The price started a choppy move and create a dirty double bottom that lead to a retracement move to the upside. After a test of the daily resistance and a double top the market dropped at the 0.618 Fibonacci level over an ascending trendline. How can we approach this scenario? If the price will break and close above the resistance structure at the retest of it we will set a nice long order according to the Plancton Academy rules. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
OANDA:SPX500USDLong
by InkyGrip
2
GBPCHF a turn at the 0.618 🦐GBPCHF on the daily chart is testing a confluence zone between the weekly resistance and a descending trendline. The price after a triple bottom over the monthly support started a bullish move with an impulse to the upside and retraced back to the 0.618 Fibonacci level. How can we approach this scenario? We will wait for the European market to open and check if the bulls will have enough strength to break above the resistance area. In that case, we will move on the 4h timeframe and if the price will break and retest the structure we will check for the application of the Plancton academy rules to set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
USDCHF for a higher high? 🦐USDCHF on the 4h chart is providing a potential long opportunity in the next few hours. The price after the recent high at the 0.93200 area created a wave that retraces exactly until the 0.618 Fibonacci level and starts a possible higher high higher low move. How can we approach this scenario? The market is now approaching a resistance structure after a test of the 0.382 and a break above will be considered a chance for a long position. After the break, we will check if the pair will provide us a retest of the structure, and when the price will satisfy the Academy rules we will set set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
3
EURUSD possible scenarios 🦐EURUSD on the daily chart has reached as expected the weekly support ar the 1.11500 level. The price as predicted on our previous idea after the break of the channel and the test of the 0.618 moved with a bearish impulse to the weekly support. Being the end of the month we can expect 2 possible scenarios: - If the price will bounce over the weekly chart and provide us a sign of inversion we can consider a long order - If the bear pressure will increase and break the support area we can wait for the retest of it and according to Plancton's strategy set a nice short order. which of the 2 you see more feasible? –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
by InkyGrip
10
EURJPY retest the 0.382 Fib 🦐EURJPY on the 4h chart is moving inside a 4h correction channel. The price after the recent high at 131.500 created a rounded top and start the descending phase with a lower low lower waves patter. We can notice how the previous top was the 0.618 Fibonacci level of the previous bearish waves on the daily chart (blue). How can we approach this scenario? Currently, the market is testing the resistance at the 4h 0.382 fib level and we will check a possible inversion to place a short order according to our Academy rules for a continuation to the downside. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
2
AUDCHF on a bull flag? 🦐AUDCHF after a test of the weekly support is testing the 0.618 Fibonacci level on the retracement move. According to Plancton's strategy if the price will break above and satisfy the Academy rules we will set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
GOLD can break above? 🦐GOLD on the 4h chart after our previous analysis reached as expected the daily support at the 0.618 Fibonacci retracement. The price is now testing a confluence zone and according to Plancton's strategy If the market will break above and satisfy the Academy conditions, we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any questions. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
OANDA:XAUUSDLong
by InkyGrip
4
USDCAD can look for the 0.618? 🦐USDCAD on the 4h chart after the recent high has turned for a test of the daily support. According to Plancton's strategy if the price will break below we can expect a test of the lower support at the 0.618 Fibonacci area. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger
Short
by InkyGrip
6
NASDAQ a turn at the 0.618 🦐NASDAQ on the 8h chart is trading in a range between 2 structures. The price after the last rejection turned perfectly at the 0.618 Fibonacci level and is now testing the resistance area. According to Plancton's strategy if the price will break above and satisfy the academy rules we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
OANDA:NAS100USDLong
by InkyGrip
16
USDJPY turn at the 0.618 🦐USDJPY after the recent highs dropped at the 0.618 fib retracement. The market started a consolidation phase trading between a support and a descending trendline. According to Plancton's strategy if the price will break above and satisfy the ACADEMY rules we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger
Long
by InkyGrip
38
NZDUSD looking for the 0.69? 🦐NZDUSD on the 4h chart is testing a daily support. The price after the first bearish impulse tested perfectly the 0.382 level and move once again to the support providing a 2nd bounce to the 0.618 fib level. Now the price is testing again the support and according to Plancton's strategy if the market will break below and satisfy the ACADEMY conditions we will set a nice short order. ––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
2
GBPJPY a turn at the 0.618 🦐GBPJPY on the 4h chart reached the weekly support at the 0.618 Fibonacci level. The price is moving inside a descending channel and according to Plancton's strategy if the market will break above and satisfy the ACADEMY conditions we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
12