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240min

GBPUSD testing the 3 key levels 🦐GBPUSD on the 4h chart is trading below and important weekly resistance. The price after the last choppy candles tested perfectly the 0.618, the 0.5 and the 0.382 Fibonacci level as we can see from the Fib tool. Now the price is testing a minor support and a lower low can be expected. How can we approach this scenario? We will wait for a break of the support area and in that case we will set a short order according to the Plancton's strategy rules for a nice risk-reward trade. ------ 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.
Short
by InkyGrip
2
USDJPY possible scenario🦐USDJPY on the 4h chart reached the monthly resistance and started a retracement move to the 0.382 Fibonacci level. The market failed to break the support area with a pattern that could look like a H&S at the top of trend. The resistance area is the path of this pair and will difficult for bulls to break it at the 2nd attempt too. At this stage the price provide us 2 possible scenario: - if the price will break above the resistance we can look for a nice long order and a bullish continuatiom - if the price instead will break the support of the 0.382 we can expect some deeper retracement and we can look for s short position ––––– 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
by InkyGrip
8
GBPCHF a turn at the 0.618 🦐GBPCHF on the daily chart is moving inside a daily descending channel. The price after the test of the 1.25500 area dropped exactly at the monthly support and from there retraced perfectly at the 0.618 Fibonacci level creating a double top over it. How can we approach this scenario? Currently, the market is testing once again the support area and if the pair will break below we will move on the 4h chart to search an entry 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.
Short
by InkyGrip
5
EURCHF a bearish continuation 🦐EURCHF on the 4h chart is moving in a descending trend. The price after the recent low retest the resistance at the 0.618 Fibonacci retracements creating a possible triangle pattern. How can we approach this scenario? Currently, the market is testing once again the structure area and if the pair will break below the ascending trendline we will search for an entry 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.
Short
by InkyGrip
EURCHF a turn at the 0.618 Fib 🦐EURCHF on the 4h chart is moving in a descending trend. The price after the recent low retest the weekly resistance at the 0.618 Fibonacci retracements creating a possible double top over it. How can we approach this scenario? Currently, the market is testing once again the support area and if the pair will break below we will search for an entry 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.
Short
by InkyGrip
GBPJPY looking further up 🦐GBPJPY on the 4h chart reached the weekly resistance at a confluence point. After an attempt to break above the price moved back below and is currently testing the resistance area I can see how after the last impulse the price has tested the 0.618 the 0.5 and the 0.382 Fibonacci levels. How can i approach this scenario? I will wait during eu session for a break of the resistance and in that case, i will move on the lower timeframe to spot and entry point for a long 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.
Long
by InkyGrip
11
AUDUSD on a bullish move 🦐AUDUSD on the 4h chart after the recent start a retracement move until the 0.71700 area. At the beginning of the downtrend, I can see an attempt of the price to break the resistance level at the 0.73600 over the 0.618 Fibonacci level, with the following bear pressure coming in that pushes lower the price with a consequent break of the bear flag and the daily ascending trendline. How can we approach this scenario? Now the market pounced over a minor support and after a large. number of red candle i can expect some retracement to the upside. We will wait for the European market open and check if the price will break above the support area, in that case, i ll check for a possible long entry 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
Long
by InkyGrip
6
USDCAD for a new low 🦐USDCAD on the daily after the double top is testing a weekly support. The market attempted to break the 0.618 weekly Fibonacci level with 2 false breakouts and moved lower to the support structure. After a series of red candles, we can expect anyway some retracement to the upside before a possible break. How can we approach this scenario? I will wait for a potential break of the structure and in that case i ll move to the 4h chart. On that timeframe, i will check for an entry point according to Plancton's strategy rules 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
Short
by InkyGrip
EURUSD a turn at 0.618 Fib 🦐EURUSD on the 4h chart is providing us a long opportunity. The price after the recent low at the 1.09750 level started a strong impulse to the upside and tested the weekly resistance. From there the market retraced exactly at the 0.618 Fibonacci level over a previous resistance now turned support. How can i approach this scenario? If the price after the market open will break above the structure at the 0.5 fib level, we will look for a nice long opportunity according to 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.
Long
by InkyGrip
2
GBPUSD another short opportunity 🦐GBPUSD is providing us another short opportunity on the 4h chart . The GBP pairs together with most of the EUR pairs are getting weaker due to the uncertain situation of the new cold war with Russia and the the market seems to lose momentum after the attempt to break above the weekly resistance that ends with a false breakout. How can we approach this scenario? The price is now testing a confluence zone between a minor support and an ascending trendline and we will wait the weekly market open to check for a possible break below. In that case, I will check for an opportunity to set a 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.
Short
by InkyGrip
4
GOLD can move higher? 🦐GOLD after our previous analysis moved as expected over the support and start a consolidation between the 2 converging trendlines over a weekly support. The price attempted yesterday a break below the 1900 level and got immediately pushed back above. How can we approach this scenario? I will check for a potential break of the minor resistance at the 1930 and in that case I wll consider 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
OANDA:XAUUSDLong
by InkyGrip
4
EURGBP looking up 🦐EURGBP on the daily chart after the recent low sharply inverted the trend and started a strong impulse to the upside. I can see the price testing the 0.618 and the 0.5 Fibonacci level and come back for a new test and a potential break. How can we approach this scenario? I will monitor the market to check a possible break above the 0.84 area. In that case i will look for a potential entry 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.
Long
by InkyGrip
6
USOIL can move back above 100? 🦐USOIL after the recent highs dropped at the 0.886 Fibonacci level. The price after the break of the H&S neckline moved to the support and ranging between the lower level and the 0.786 resistance. How can we approach this scenario? We will check for a possible break of the 98 resistance level and in that case i will check if the Plancton's strategy rules will be satisfied to set 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.
TVC:USOILLong
by InkyGrip
NZDCAD on a double top at the 0.618 🦐NZDCAD on the daily chart after the recent lows retraced exactly at the 0.618 Fibonacci level near to the 0.88 level. The market ended up creating a perfect double top and is currently testing a weekly support. How can we approach this scenario? Being both the double top and the 0.618 potential reversal point we will wait for a possible break below the support area and in that case we will move on the 4h timeframe to check for a possible entry point. According to Plancton's strategy if the conditions will be satisfied we will 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
Short
by InkyGrip
EURUSD can move lower? 🦐EURUSD on the 4h chart tested the weekly resistance at the 1.11500 with a spike after the recent low. The price seems to lose again the bullish momentum and I can expect a new bearish leg if the pair will confirm its weakness during the eu market session. How can we approach this scenario? I will wait for the break below the support area and if the condition will be satisfied we 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.
Short
by InkyGrip
6
GOLD can move higher? 🦐GOLD after our previous analysis moved as expected over the support and following the line in a consolidation between the structures. The price has broken above the first resistance at the 1930 lrvrl and moving to the upper one. How can we approach this scenario? I will check for a potential break of the minor resistance at the 1950 and in that case I wll consider 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
OANDA:XAUUSDLong
by InkyGrip
10
EURUSD can move higher? 🦐EURUSD on the 4h chart after yesterday's rejection by the confluence zone between the daily support and the ascending trendline started a new move to the upside. There is still uncertainty in the market and any news can affect with higher volatility the price but, at this stage, the price is testing a minor resistance and possibly we can see a test of the higher weekly resistance. I can notice how the 0.5 Fibonacci level is exactly at the daily support and also ho the price started a range between the 2 struvtures. How can i approach this scenario? I will wait for the break and close above the structure and in that case i will check if the price satisfy the Plancton's academy rules to set 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.
Long
by InkyGrip
4
GBPUSD can break the trendline? 🦐GBPUSD after last week's profit is providing us another short opportunity on the daily chart . The GBP pairs together with most of the EUR pairs are getting weaker due to the uncertain situation of the new cold war with Russia. How can we approach this scenario? The price is now testing an important weekly support over an ascending trendline and we will wait for the EU market open to check if a break below will happen. In that case, I will check for an opportunity to set a 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.
Short
by InkyGrip
SILVER continues the bull run? 🦐SILVER after the recent drop reached the weekly support over a previous resistance level. The price couldn't break below and i can see how the price perfectly moved above the ascending trendline. As in the previous analysis i remain overall bullish on XAGUSD and the break above the previous neckline is a confirmation of it. How can we approach this scenario? I will wait for a retest of the support area and after that i will consider to set a nice long order of the Plancton's strategy rules will be satisfied. ----- 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
SAXO:XAGUSDLong
by InkyGrip
EURCAD on a double bottom 🦐EURCAD on the daily chart reached after a long downtrend the weekly support. The price tested it twice and create a double bottom over the structure at the 1.38 area. How can we approach this scenario? Being a double bottom a typical inversion figure we can expect especially after a downtrend some movement to the upside. A good confirmation of the next move can be seen in the break above the weekly resistance structure. After the break, we will check if the price satisfies the Plancton Academy rules and set a nice long order for a good risk-return trade. --–– 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.
Long
by InkyGrip
6
EURUSD bounce over the confluence 🦐EURUSD on the 4h chart after yesterday's rejection by the confluence zone between the daily support and the ascending trendline started a new move to the upside. There is still uncertainty in the market and any news can affect with higher volatility the price but at this stage the price is testing a minor resistance and possibly we can see a test of the weekly resistance. How can i approach this scenario? I will wait for the break and close above the structure and in that case i will check if the price satisfy the Plancton's academy rules to set 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.
Long
by InkyGrip
6
GBPCHF a turn at the 0.618 🦐GBPCHF on the 4h chart is currently testing the 0.618 Fibonacci level. The price after the attempt to break above the daily resistance created a false breakout started a retracement move in a falling wedge pattern. How can we approach this scenario? I will wait for the European market open and, in the case that the market will break above the resistance at the 1.22900 area, we 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.
Long
by InkyGrip
4