USOIL on a short term retracement 🦐USOIL on the 4h chart is creating a series of lower low lower high with the market that was unable to violate the previous lower high.
Now the price is testing an important liquidity zone and a bounce to the upside could be seen.
How can i approach this scenario?
If the price will break above the last minor swing we can set a short term 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.
240min
EURGBP can move higher? 🦐EURGBP on the 4h chart after the recent high dropped back to the 0.86500 level.
The price on the macro picture remains bullish and IF the market will break and close above the minor 4h resistance i will be looking for 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.
GBPJPY a move to the 0.618 🦐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 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.
GBPUSD back to the 1.09 🦐GBPUSD on the 4h chart after the recent low retraced back at the 0.786 Fibonacci level at a significant supply zone .
The price turned back into a bearish scenario and i currently testing 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 below i will look for a nice short 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.
EURJPY can move further low? 🦐EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected.
The market retraced then at the 0.786 Fibonacci level and is now trading above the 0.5.
How can i approach this scenario?
I will wait for the EU market open and if the price will break below i will look for a nice short 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.
UKOIL a long opportunity 🦐UKOIL on the4h chart tested the support area and could not break below.
The market is now trading below the resistance level at 89.50 and a break above can be seen.
How can is approach this scenario?
I will wait for a clear break of the area and if the market will provide me an opportunity i will set a nice long order according to the Plancton's strategy.
--––
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
GOLD can move higher? -UPDATE-🦐XAUUSD on the 4h chart reached an important confluence zone between a descending trendline and a daily resistance.
The price moved higher as expected and IF the price will break the confluence area we can see a bullish continuation to the 1760 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
EURUSD can look for the 1.000 level? 🦐EURUSD after my previous analysis broke above the resistance as expected and retraced at the 0.618 Fibonacci level
The price might target the inside candle at the 1.00300 area.
How can i approach this scenario?
I will wait for a break of the resistance are and if the market will give us clear retest i will look for 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.
EURUSD on a retracement move - UPDATE 🦐EURUSD after my previous analysis broke above the resistance as expected.
The price might target the inside candle at the 0.99 area.
How can i approach this scenario?
I will wait for a retest of the support are and if the market will give us a sign of inversion i will look for 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.
XAUUSD can move higher 🦐GOLD on the 4h chart reached the recent low at the 1615 level where the price inverted to the upside and tested the descending trendline.
The market creates a inverted Head and shoulder opportunity but we will need to see a right shoulder development in the next house to confirm the pattern.
How can i approach the scanrio?
If the price will break and close above the descending trendline ii can look for 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 questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GBPJPY possible scenarios 🦐GBPJPY on the 4h chart retraced sharply from the recent low.
The market creates a series of powerful lower hh hl and is now close to an important supply zone.
How can i approach this scenario?
If the price will reach the supply i will be look for a possible inversion and set a nice short order at that point 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.
SP500 looks weak 🦐SP500 on the 4h chart has retested perfectly the 0.618 fibonacci lelevl over a weekly resistance.
The price is now trading above a daily support and a break below will show further signs of weakness.
I will wait for a clear break on the 4h chart and if that will happen i will be looking for a nice short 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.
EURJPY ends the retracement? 🦐EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected.
The market retraced then at the 0.786 Fibonacci level and is now trading above the 0.5.
How can i approach this scenario?
I will wait for the EU market open and if the price will break below i will look for a nice short 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.
EURUSD on a retracement move 🦐EURUSD on the 4h chart tested the 0.618 Fibonacci retracement and moved to the 0.382.
The market is now retesting the resistance level and according to the Plancton's strategy IF the price will break above the 0.98350 level we can look for a short term 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.
EURAUD a bull flag on the 0.618 🦐EURAUD on the 4h chart is creating a bull flag, with the price that perfectly tested with the lower spike the 0.618 Fibonacci level over a daily support.
The price has bounced over the structure and is now trading below the upper trendline and a resistance area.
How can i approach this scenario?
I will wait for the EU market open and IF the price will break the area i will look for 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
GBPUSD get up or get down? 🦐GBPUSD on the 4h chart reached the lows of a long period downtrend.
On the weekly chart the main trend is surely bearish and the market is currently moving within 2 structure at the bottom level.
What the possible scenarios are?
Often Friday moves can be tricky and unexpected but we can see a break below the support for a new lows with the bears totally in control or a retracement to the upside above the minor resistance area.
Personally i will be waiting for the next week and clear direction in order to take a new position on this pair.
------
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.
DOW on a bearish price action 🦐DOW on the 4h chart retest the previous liquidity zone at the 0,618 and for rejected.
The market is now trading above a weekly support and according to the Plancton's Strategy IF the price will break below 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 -> 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.
EURJPY can move further low? 🦐EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected.
The market retraced then at the 0.5 Fibonacci level and is now trading above the 0.382.
How can i approach this scenario?
I will wait for the EU market open and if the price will break below i will look for a nice short 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.
GBPJPY looking for the 149 again? 🦐GBPJPY on the 4h chart after our previous call touched the lower level at the 149 area.
From there the price retraced at the 0.618 Fibonacci zone and is currently trading over the 0.382.
How can i approach this scenario?
I will wait for the EU market open and if the market will have the strength to break and close below i will look for a nice short 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.
EURJPY time to retrace 🦐EURJPY after the strong bullish impulse took a break,
The price show us some red candle and some more retracement can be seen.
How can I approach this scenario?
I will wait for a break below the support area and in that case I will be looking for a nice short 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.
GBPJPY can move lower? 🦐GBPJPY on the 4h chart retested the 168 level and is now trading above an ascending trendline.
IF the price will break below we will check the opportunity for a nice short 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.
DOW a short term upwards move? 🦐DOW on the 4h chart reached the recent low over a weekly support.
The price is now turning for a retracement nd a test of the 0.5 Fibonacci level can be seen.
How can i approach this scenario?
The overall scenario remain bearish so i will wait for a test of the 0.5 or the 0.618 where i will wait a new possible sign of inversion for a 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.
EURCHF still on a bearish momentum 🦐EURCHF after the recent low below the 0.95 area create an upside impulse in the past days.
The price retest the previous higher low but couldn't close above.
How can i approach this scenario?
I will wait for a potential break below 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 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.