AUDCAD on the 4h chart after the recent low resets the weekly resistance. We can notice how the structure is at the 50% retracement of the previous bearish impulse. The price has been rejected by the area and is now trading over a 4h support. According to Plancton's strategy IF the pair will break below we can look for a nice short order according to the MTB...
On the 4-hour chart of EURAUD , we can see that the price has been in a descending trend until it tested the weekly support level . After hitting this level, the price started to move in a potential bullish direction with a series of equal highs and higher lows. This is a good sign of a potential trend reversal. The price is currently trading below the resistance...
AUDUSD on the 4h chart shows a typical bullish price action where the price is breaking the previous high. After the retest of the 0.67500 zone the market started a bullish impulse and reached the 0.7000 zone. Currently the price has been rejected by the resistance area ad IF the market will break above we can set a nice long order according to the Plancton...
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...
EURCAD on the daily chart after a consolidation phase broke below and took the liquidity at the 1.2900 level before retesting the 1.32 area. The price is now trading below a daily resistance and some further bullish move can be expected. How can i approach this scenario? I will wait for a potential break and close above the structure and in that case, i will...
USOIL on the 4h chart bounced over a daily support. The market after a false breakout retest the 0.886 Fibonacci level and created a double bottom over the support area. How can i approach this scenario? I will wait for the EU market open and if the market will break above i will set a nice long order according to the Plancton's strategy rules. -–– Follow the...
AUDUSD on the 4h chart after a downtrend that started from the 0.7600 level reached the weekly support at the 0.67500 area and bounced over it. The market after a couple of attempts to break the support area started a retracement to the upside and broke the 0.68500 zone. How can i approach this scenario? I will wait fro a clear break of the 0.7000 resistance and...
SP500 on the 4h chart after the last bearish leg has tested the 0.5 Fibonacci level at the daily resistance. The market is now trading over a support area at the 3800 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...
XAUUSD on the 4h chart has retested the 0.5 Fibonacci level over a support area. The price is trading around the 1830 and i will look for a possible break of the descending channel. How can i approach this scenario? I will wait for a potential break of the resistance area at the 1840 area and in that case i will look for the Plancton's strategy to set a nice...
USDJPY on the 4h timeframe is trading at the recent highs inside an ascending channel. The price after a long bull run might look for some bearish retracement. How can we approach this scenario? We will wait for a break of the dynamic support and in that case we will search for a possible short order entry according to the Plancton's academy rules. ––––– Follow...
EURUSD on the 4h timeframe tested a few times the weekly resistance. The price after the test of the 1.07800 started a retracement move into a descending channel then took the liquidity with an impulse. How can i approach this scenario? I will wait for a potential break below the support at the 1.06700 and in that case i will set a nice short order according to...
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 1.24500 level. 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...
After our previous analysis EURJPY moved as expected, the price perfectly followed my drawing and break the resistance structure then turned support. After the retest of it the price is now trading below a new resistance area How can we approach this scenario? We will monitor the European market open and wait for a possible break of the resistance area , at...
EURJPY on the 4h timeframe has been trading in a typical lower low lower high move and reached the weekly support area. The market after the break of the 2 converging trendlines which can be identified as a falling wedge (reversal pattern) starts to consolidate between 2 structures. How can we approach this scenario? We will monitor the market open and wait for...
USDCHF on the 4h chart is moving inside a descending channel. The price is now breaking the trendline and testing a 4h resistance. According to Plancton's strategy IF the price will break above and satisfy the Academy rules we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
NZDJPY on the 4h chart is trading between a minor support and a daily resistance. According to Plancton's strategy IF the price will break above and satisfy the academy rules we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
EURGBP on the 4h chart is trading over a minor support. The price has tested it already a few times and according to Plancton's strategy IF the market will break below and satisfy the ACADEMY rules we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
USOIL after the strong bull run is now testing a 4h support structure at the 0.5 Fibonacci level. According to Plancton's strategy if the price will break below and the ACADEMY rules 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...