SP500 look for the 0618 🦐SP500 on the daily after going back at the previous high around 3400 level got rejected twice by the ema 21.
Price broke the daily support and can look now for the lower trendline which also correspond to the 0618 level of the previous bullish leg.
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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 Plancton0618 strategy will trigger.
0618
NZDCHF in a bear flag? 🦐NZDCHF on the 4h chart retraced back till the 0.618 fib level of the previous bearish move.
The market created a bear flag inside a minor channel.
IF the price will break and close below the support structure and consequently break the channel, we can set a nice short order according to Plancton's strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
AUDCAD testing a weekly resistance 🦐AUDCAD on the weekly chart hit a weekly resistance and price started a retracement move.
On the Daily chart price moved inside an uptrending channel and recently broke a bull flag for a new test of the upper structure.
Price is now ranging between the 2 structure and price bounce over the 0.618 of the previous minor leg.
IF the price will break and close above the 0.96700 area we will set a nice long order according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
EURCAD sit on the 0.618 🦐EURCAD after hitting the momthly resistance retraced back till the 0.618 fib level.
Market is consolidation over a weekly resistance and couldnt break below.
IF the price will break above the daily structure can look for a nice long order according with Plancton's strategy
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
GOLD Monthly/Weekly analysis 🦐On the monthly chart gold sharply rise after the retracement till the 0.618 fib level.
Market before last leg stayed in a side range and then explode to the new higs.
On the weekly chart we can notice that market never retraced and the las week candle can make us think about a possible retracement till the 0.382 level , that is also the previous high, or possibily the 0.618 fib that is a weekly support.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.