4hr
GBPJPY short GBPJPY approached green zone (support resistance/supply demand), broke it and came to my stophunt zone (red) because I know there are pending orders at that level. Waiting for price to either respect the ltf support zone (grey) or come back to the ltf resistance zone (grey) and either respect it or break above it so that traders can get better price to sell.
DXY Update at Another Key LevelIf we cant finish the week below 94 I will be expecting and looking for a reversal and eventually a retest of resistance zones in the 96 region. If market conditions are favorable up around 96 I will look for bearish DXY plays. Looks like we are playing major price levels for the time being i.e. 94 95 and 96.
Currently waiting for 94.2ish for possible bullish DXY plays to start coming out.
GVTBTC has been a nice daily breakoutGVTBTC has been a nice daily breakout ad you can see on left chart.
On the right chat with 4h timeframe, it creates a nice support (yellow rectangle).
According to Plancton's strategy, we can set a nice order
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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.
Gold record highs or short opportunity? Gold is about to test an extremely strong level at 1795, looking at the weekly chart there has been strong rejection from this price in the past... will it drop again or keep on climbing to a record high?
If the price fails to break the level I will be looking to sell.
Any comments or feedback would be greatly appreciated
AUDUSD LONG - Head & Shoulders BottomBUY SIGNAL.
Head and Shoulders Formed on 1D after Bearish move,
signalling reversal if pattern completes.
Right Shoulder forming, CTS Score of 5 as follows:
RSI Divergence on 4HR - 1 CTS
Left Shoulder at Major Structure. (3+Tests on DAILY TF) - 2 CTS
Right Shoulder at Minor Structure. (3+Tests on 1HR TF) - 1 CTS
Strong Pivot point of 0.55000 present at head level - 1 CTS
ENTRY SIGNAL - Doji on 4HR Followed by HHHC.
BUY STOP SET 5 pips above neckline.
Targets taken from EMM but shortened to fit to strong
1.618 Fib extension and structure.
Stops 1ATR below right shoulder.
Shoulder may continue to form to the downside before reversal so even though my STOP Order Set I shall Reassess DAILY