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382 Fibonacci Retracement

SUGAR on the 0.382 🦐SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move. The price touches almost the 0.382 fib levelk. IF the market will close and break below we can set a nice short order according to Plancton' 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.
OANDA:SUGARUSDShort
by InkyGrip
1
EURNZD on a minor retracement 🦐EURNZD after the nice bullish impulse hit the 1.72600 and started a retracement move. The price is moving inside a minor descending channel and the market will possibly touch the 0.382 and bounce over it. IF the price will breaks above the resistance structure and consequently breaks the channel we will set a nice long order according to 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.
Long
by InkyGrip
14
MSCI SINGAPORE INDEX ready for a new bullish run 🦐MSCI SINGAPORE futures after the nice impulse until the 333 level started a retracement move. The market touches the 0.382 Fibonacci level over a support structure and started a consolidation move. IF the price will break and close above the minor resistance structure, we can set a nice long order according to 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. Leave a comment that is helpful or encouraging. Let's master the markets together.
SGX:SGP1!Long
by InkyGrip
EURCHF near to a monthly structure 🦐EURCHF is trading near to a monthly structure. The price attempt to break above but always pushed back. After the last bounce on the 0.382 the market started an uptrend over an ascending trendline. IF the price will break and close above the upper structure we will see a nice long order according to 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. Leave a comment that is helpful or encouraging. Let's master the markets together.
Long
by InkyGrip
4
DAX looking for new recent highs 🦐DAX index on the daily chart is reaching an important resistance structure. The price after retracing exactly at the 0.382 fib level over the lower trendline of the ascending channel, started a new strong bullish impulse on the enthusiasm of the covid vaccine. When the price will break and close above the resistance structure we can set a nice long order according to 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.
DLong
by InkyGrip
29
BITCOIN. Sell area.In Bitcoin im looking for more downside to at least the 15k area but more likely to get to the 382 area of the move up from 4k at 13500. This would be the 61.8% of the recent low. We know how BTC likes FIB levels. It has just retraced to the tick 61.8% of the move down. This should be the next best buying opportunity. Depending on the speed of the move lower from here we will know what level it is going to. I wonder who brought at 19500? 28th was a cycle turn day which should confirm the reversal.
COINBASE:BTCUSDShort
by L_F
NZDJPY on a retracement move 🦐NZDJPY on the daily chart is moving nearby a monthly descending trendline, below an important resistance. The price after the strong impulse until the 72.600 area retraced to the 0.382 fib level and couldn't make new highs. IF the price will break and close below the support structure we can set a nice short order according to 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. Leave a comment that is helpful or encouraging. Let's master the markets together.
Short
by InkyGrip
4
EURGBP bounces over a weekly support 🦐EURGBP on the daily chart is moving inside a descending channel. The market after touching the weekly support at the 0.88700 area bounces over it. On the 4h chart, the price retraced exactly at the 0.382 Fibonacci level. If the market will break and close above the structure we will set a nice long order according to 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. Leave a comment that is helpful or encouraging. Let's master the markets together.
Long
by InkyGrip
4
CHFJPY on a bullish momentum CHFJPY on the daily chart looks bullish. After the last impulse, the market broke above the daily channel and now looks for a retest of it. IF the price will go for a test of the 0.382 fib level and shows us a sign of inversion we will set a nice long order according to 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.
Long
by InkyGrip
GBPAUD ready to go? 🦐GBPAUD on the daily chart creates a nice impulse before retracing back to the 0.382 fib level. Price on the 4h chart is consolidating in a tight range between the daily support and a 4h structure. IF the price will manage to break and close above the minor structure we can set a nice long order according to 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.
Long
by InkyGrip
18
USDNZD hit a weekly resistance 🦐USDNZD on the daily chart created a double bottom over a monthly support before starting a bullish leg. Price now hit a weekly resistance at the 1.53 level and we can expect a possible retracement till the 0.382 level exactly over the daily support. When the price will break above the weekly resistance, we can set a nice long order according to 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.
Long
by InkyGrip
12
EURCAD testing a daily support 🦐EURCAD on the daily chart bounce over the weekly resistance at 1.54400 and reached the 0.382 fib level at 1.56500. Price couldn't make new recent highs and broke the ascending channel. The market tested already three times the daily support at 1.55500 and IF the price will break and close below the structure we can set a nice short order according to 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.
Short
by InkyGrip
12
EURJPY rejcted by a key resistance 🦐EURJPY on the weekly chart hit and got rejected for the 3rd time by a weekly resistance. Market that moved inside an uptrending channel till now is losing a bit of the bullish momentum and probably will look for a retracement. IF the price will break and close below the first 4h structure and consequently break the channel we can expect the market to reach the 0.382 fib level , at that point we will check how price react for a possible break till the 0.618. ––––– 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.
Short
by InkyGrip
4
EURNZD 4h analysis 🦐EURNZD after the retracement till the 0.382 fib level has started again to test the daily structure. Market got rejected by the resistance structure and now seem to look up again. IF the market will break above the blue structure at the retest of it we can put 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.
Long
by InkyGrip
7
AUDNZD on a retracement move 🦐AUDNZD after the sharp bullish move is now looking for a retracement. Market respected the upper part of the uptrending channel and will look now fot the lower part of it. We will wait for retracement to end to look for an inversion sign at the 0.382 fib level. ––––– 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.
Long
by InkyGrip
GOLD Monthly/Weekly/Daily analysis 🦐Gold has reached in the last weeks a key level of 2072 and retraced back below the 2000 level creating a new highs. On the weekly chart (lower left) we can see that retracement touched the 0.5 fib level and went back at the 0.382. Price on the daily chart (lower right) is moving between a lower support structure at the 0.382 and a discending trendline, creating a triangle pattern. We can expect the price to break above the discending trendline and the upper daily structure to create new highs ––––– 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.
OANDA:XAUUSDLong
by InkyGrip
18
GBPAUD on a consolidation range 🦐GBPAUD after the downtrend started a new move up. Market retraced till the 0.382 fib level and started to range between 2 daily structure. If the price will manage to break and close above the daily structure, at the retest of it, we can 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.
Long
by InkyGrip
8
EURNZD daily analysis 🦐EURNZD after the double bottom and the break of weekly resistance is now reaching a daily resistance. Market will possibly retrace till the support at the 0.382 fib level or even at lower 0.618 weekly resitance (red colour) before start again the bullish move. At the break and close above the daily resistance we can 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.
Long
by InkyGrip
9
EURUSD testing a monthly trendline (Monthly/Weekly)🦐 On the monthly chart (left side) EURUSD creat again a retracement till the 0.618 fib level as it happpen already previously. The market anyway didnt create new lows before the retracement. Price now is approaching the monthly discending trendline and we can expect 2 different scenarios. On the weekly chart the price could break above the trendline (purple) and consequently the weekly resistance zone. In that case at the retest of it we will check for a long position according with our strategy. We can also see that the market never went to look for a retracement in almost 8 weeks In that case if the market will break below the weekly support we can set a short order looking for a retracement till at least the 0.382 of the previous leg. ––––– 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.
by InkyGrip