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...
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...
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...
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...
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 ->...
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 ->...
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 ->...
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...
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...
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...
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 ->...
AUDUSD on the daily chart tested with a retracement move the 0.618 Fibonacci level near to a daily resistance. The market has then bounced over a weekly support at the 0.382 level. According to Plancton's strategy If the price will break below and satisfy the ACADEMY conditions we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
NZDCHF after the recent high started a retracement move. The price reached the daily support and tested the 0.618 Fibonacci retracement. At the moment the market is over an important confluence zone which is created by a trendline and a structure. According to Plancton's strategy if the price will break below and satisfy the academy conditions we will set a nice...
USDCHF on the 4h chart is testing a daily support over an ascending trendline. The price is creating a bear flag and is testing with a spike the 0.618 Fibonacci retracement. According to Plancton's strategy IF the price will break below and satisfy the ACADEMY rules we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
Gold on the 4h chart after testing the 1810 level melt below to the 0.618 fibonacci level. The price perfectly tested the weekly support at the 1760 area before starting a nice impulse. Currently the market is trading below a resistance structure and according to Plancton's strategy if the market will break above and satisfy the ACADEMY condition we will set a...
GOLD on the 4h chart is moving in an ascending channel. The market retraced at a confluence point to the lower trendline exactly at the 0.618 Fibonacci retracement. According to Plamcton's strategy if the price will break above the counter trendline and will satisfy the ACADEMY conditions we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣...
NZDJPY on the 4h chart after the rejection of the weekly resistance started a retracement move. The market has tested already the 0.382 level but we can see some key support at the 0.5 and the 0.618. According to Plancton's strategy if the price will provide us a sign of inversion and satisfy the ACADEMY rules we will set a nice long order. ––––– Follow the...
EURUSD on the4h chart is trading near to a weekly structure. The price after the test of the 0.618 Fibonacci level is moving to a minor support. According to Plancton's strategy if the market will break below and satisfy the Academy rules we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...