EURUSD to the 1.045 soon 🦐EURUSD on the 4h chart after the recent low started a retracement move to the upside.
The market reached the 1.02500 level and start a range between the resistance and the 0.5 fib level.
Currently the price is testing the upside resistance and further bullish move can be expected with the vs US pair gaining strength.
How can I approach this scenario?
I will wait for the break above and in that case 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.
240min
GBPUSD a turn at the 0.5 Fib 🦐GBPUSD on the 4h chart after the recent lows retraced at the 0.5 Fib level below an important resistance.
The market is moving between the 0.5 and the 0.382 level.
How can i approach this scenario?
I will wait for the EU market open and 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.
EURUSD can move lower? 🦐EURUSD on the 4h chart reached with a retracement move the 0.618 fibonacci level.
The price after the test of the stricture is now turning over a support.
How can i approach this scenario?
I will wait for a potential break of the support area and if the price will retest 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.
NZDUSD moving higher - UPDATE 🦐After yesterday's idea the price moved in the expected direction and broke above the weekly structure.
We will wait for a retest of the support and wait for an inversion to check the opportunity for 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.
EURUSD a turn at the 0.618 🦐EURUSD on the 4h chart reached with a retracement move the 0.618 fibonacci level.
The price after the test of the stricture is now turning over a support.
How can i approach this scenario?
I will wait for a potential break of the support area and if the price will retest 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 to the 0.886 🦐EURUSD after the recent bounce on the parity level is trading below a minor resistance.
How can i approach this scenario?
I will wait for the EU market open and if the price will break above 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.
BTCUSDT is testing the daily resistance 🦐BTCUSDT on the daily chart reached the daily resistance at the 22k.
The price after a triple bottom at the recent lows might have the strength to retrace further up to the 0.382 fibonacci level.
How can i approach this scenario?
I will wait for the market open and in case the price will break above i will move on the 4h chart to check an entry according to the Plancton's strategy rules.
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
NZDUSD on a retracement move 🦐NZDUSD on the 4h chart is trading at the recent lows.
The price is moving inside a descending channel and recently broke the upper trendline for a test of the 0.382 level.
How can i approach this scenario?
I will wait for a potential break of the resistance structure and in that case, i 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.
BTCUSDT to the 22.5k? 🦐BTCUSDT on the 4h chart is trading in an ascending channel below a daily resistance.
The price on the first trading hours is moving to upside below the 22k level.
How can i approach this scenario?
I will wait for the US market open and in the case the price will break above i will look for a short term long order according to the Plancton's strategy rules.
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
USDCHF on a double top 🦐USDCHF on the 4h chart is trading at the recent highs.
The price creates a double top over a minor resistance at the 0.98500 level.
How can I approach this scenario?
I will wait for the EU market open and check for a possible break below the support area .
In that case, i will look for the Plancton's strategy to be satisfied 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.
GBPCHF a long opportunity 🦐GBPCHF on the 4h chart after the recent low started a retracement move.
The price is trading near to a weekly structure and after the recent impulse tested the 0.618 Fibonacci òevel.
How can i approach this scenario?
I will wait for a potential break of the resistance structure and in that case 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.
KCSUSDT looking up 🦐The price is testing the dynamic 4h resistance after a bounce from the Daily demand zone on 0.5 Fibonacci level.
The market needs to grab new liquidity in order to create a new breakout and move higher.
How to approach it?
IF the price is going to create a new breakout and retest as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
AUDNZD can move lower 🦐AUDNZD on the daily chart is moving between 2 structures and currently testing the lower one.
The price after the attempt to break the upper level melted below for a test of the lower support area.
How can we approach this scenario?
We will wait for the break of the support zone and after that, we will check for the application of the Plancton Academy rules to set a nice short order for our usual risk-reward ratio.
--––
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 another short opportunity 🦐GBPUSD on the 4h chart is trading at the recent lows.
The market after the break of the monthly support has retraced for a test of the 0.618 Fibonacci level and is currently testing the 1.18 area.
How can i approach this scenario?
I will wait for a potential break of the structure 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.
AUDUSD a turn at the 0.786 🦐AUDUSD on the 4h chart after the recent low over the daily support retraced to the 0.786 Fibonacci.
The price is now creating an inversion after a double test of the resistance sructure.
How can i approach this scenario?
I will wait for the EU market open and if the market will break below will 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
USDCAD moving higher -UPDATE -🦐USDCAD on the 4h chart after the break oif the descending channel moved as expected to the weekly resistance.
The price got rejected and retraced at the 0.618 Fibonacci level over a support and is currently retesting the upper structure.
How can i approach this scenario?
I will wait for a potential break above of the area and in that case i will look for a nice long order until the resistance 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 on a bearish price action 🦐DOW on the 4h chart after the last bearish leg has tested the 0.5 Fibonacci level at the weekly resistance around the 31500 area.
The market is now trading over a support area at the 38000 zone.
How can i approach this scenario?
I will wait for a potential break of the structure and in that case i will look for a nice short order according with 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 a short term outlook 🦐SP500 on the 4h chart after the last bearish leg has tested the 0.886 Fibonacci level at the daily resistance.
The market is now trading over a support area at the 3875 zone.
How can i approach this scenario?
I will wait for a potential break of the structure and in that case i will look for a nice short order according with 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.
EURGBP can move lower? 🦐EURGBP on the 4h chart broke as expected the weekly resistance and reached the 0.84400 level.
The price is now testing the daily support and a bearish continuation can be possible.
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.
GBPUSD for a new low🦐 GBPUSD on the 4h chart is trading at the recent lows.
The market after the break of the monthly support has retraced for a test of the 0.618 Fibonacci level and is currently testing the 1.20 area.
How can i approach this scenario?
I will wait for a potential break of the structure 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.
EURGBP can move lower? -UPDATE -🦐EURGBP on the 4h chart broke as expected the weekly resistance and is now trading above a minor support.
The price can now bounce over the structure and a break can happen before the end of the week.
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.
EURCAD moving to the 1.32 ? 🦐EURCAD on the 4h chart is testing the support area at the 1.34 level.
The price has tested the level a few times and a break below can be expected.
How can i approach this scenario?
I will wait for a potential break of the level and in that case i 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.