Gold on the daily chart reached the weekly support as expected from our previous analysis. The price closes the week around the 0.618 Fibonacci retracement level near the ascending weekly trendline. We can expect at the beginning of next week some retracements to the upside around the 1810 area. The commodity will be on our radar to check a new opportunity at the...
CADCHF on the 4h chart bounced over the weekly support at the 0.618 Fibonacci level. The price is testing the descent trendline over a minor support near to the 0.382. According to Plancton's strategy if the price will satisfy the conditions we will set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...
GBPJPY after the last bullish impulse is slowly retracing inside a descending channel. The price has now reached the previous resistance now turned support exactly at the 0.618 Fibonacci level. According to Plancton's strategy if the price will break above we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
CHFJPY after the last bullish impulse has retraced over the support. The market is now testing the level between the 0.382 and the 0.618 Fibonacci and according to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
EURCHF is trading between a daily support and a weekly resistance. The market after the last bearish impulse retraced at the 0.618 Fibonacci level and then tested the 0.5 before closing the last trading day above the support. According to Plancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣...
GBPCHF after the recent impulse created a slow retracement inside a descending channel. The price touches the 0.618 Fibonacci level test the resistance and got rejected. According to Plancton's strategy if the price will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
GBPCHF after the recent impulse created a slow retracement inside a descending channel . The price touches the 0.618 Fibonacci level and is now testing the upper trendline. According to Plancton's strategy if the price will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
DOW after the test of the lower support started an impulse. The price retraced at the 0.618 Fibonacci level and currently testing a minor resistance. According to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
NASDAQ on the 4 chart tested exactly the 0.618 where the price created a double bottom over it before starting an impulse to the upside. The market has now broken the descending channel and is testing the 0.382 level. According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order. ––––– Follow the...
After the rejection of the monthly resistance Silver retraced at the 0.618 Fibonacci level. The market attempts to break above but got rejected also by the minor resistance and now is testing once again the support area. According to Plancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
After the resistance rejection SIlver got rejected until the 0.618 Fibonacci level. The market is now consolidation and according to Plancton's strategy if the price will test and break above the resistance we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
SP500 after the recent low retraced to the upside until the 0.618 Fibonacci level. According to Plancton's strategy if the conditions will be satisfied we can 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...
After the test of the 0.618 Fibonacci level at the 330 area, CHFHUF has turned into a bearish scenario. The price is now testing a weekly trendline above a support and according to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
NASDAQ got rejected at the highs by the monthly trendline and fall to the 0.618 Fibonacci retracements. The market bounce over the descending trendline and according to Plancton's strategy if the conditions will be satisfied we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
USDJPY is testing the descending trendline. The market after the last impulse retraced until the 0.5 fib level with 2 spikes touching the 0.618. According to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
GBPUSD on the daily chart after the perfect double bottom broke the descending channel with an impulse and retraced until the 0.618 Fibonacci level. According to Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
AUDUSD our last analysis reached the support area at the 0.77 area. The price tested the 0.618 Fibonacci level exactly at a weekly resistance and then starts to move below at the lower trendline of the ascending channel. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
NZDJPY after the impulse until the upper trendline of a descending channel started a grind over it. The price retraced at the 0.618 Fibonacci level over a support. According to Plancton's strategy if the market will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...