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Dailychart

Miners inching closer to triggering this double bottom.Looks like if this triggers it should head to $240. Luna has already reached its double bottom measured move target and the market as a whole has only recently switched from the downtrend correction back to an uptrend s this all increases the probability of this double bottom on mongers both triggering and reaching its measured move target. Of course yas always you should always wait for confirmation of the breakout. I don’t own any modern but couldn’t resist charting this obvious double bottom scenario. *not financial advice*
KRAKEN:XMRUSDLong
by DrDovetail
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
EURAUD BUY Intraday Opportunity Welcome back! Here's an analysis of this pair! **EURAUD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
EURJPY LONGEURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction. The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames with the H4 being the more clearer. We have also spotted a trendline breakout, close and retest followed by a change in market structure by the breakout, close and retest of our key level. The target for this particular trade is around the 132.6**The risk reward for the trade currently stands at around 6.81 to 1. We plan to hold this particular trade until out target is reach or close manually as per the rules of our trading plan.
Long
by NDOBObanks
2
Silver can move higher 🦐SILVER after the recent drop reached the weekly support over a previous resistance olevel. The price couldn't break below and i can see a false break out where the bulls took the liquidity and hut the bears stops. How can we approach this scenario? On the weekly chart instead the price still seems to need more retracement but If the market will break the previous neckline of the h&s pattern I will 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
SAXO:XAGUSDLong
by InkyGrip
2
POTENTIAL BTCUSD LONGS ARE SETTING UPBTC is setting up some BULLISH structure has have been analysing over some few weeks now. And I am still BULLISH on it providing some technical levels I am looking at. I run this analysis based on using: Fibonacci Retracement levels Confluence with Order BLOCKS And Shark Harmonic BULLISH Pattern. From the All Time High of about 68950 and swing low of 28600 to where we are currently is a deeper retracement to 88.6% @ 33200. This where the SHARK PATTERN confirms an entry BIAS @ D leg of 32950. The RISK level remains 28600 low which we do not want to trigger as this will lead to weakening of the current BULLISH. As we haven't seen such a weakness, the BULLISH tone remains and all we have been seeing with Price Action remains a deeper retracement. And such a discount is all Traders dream and being able to catch is how to conquer FOMO. More reinforcing technicalities is the break above current high on the Daily Price Structure @ 44456 to 45850.For me this a significant Bias that gives me an indication more high prices are possible. Also the creation of liquidity above this areas means there are loads of stops orders that will add as an additional propellant for price if further demand flows in. Also I like to see DOJI's and HAMMERS in my POI interest as this basically shows me the indication of the type of aggression and huge competition in investors psychology as they are showing they are willing to grab the instrument at such Point of Interest(POI). The last is to use the current CHANNEL as a guidance of how price may progress till we break. I hope this gives you a bit of insight into my bias and if it enlightens you further do not hesitate to give a like or a comment. Wish you happy trading and all the good luck you need and the most important trading psychology you need to be successful.
BITSTAMP:BTCUSDLong
by LukmanBalogun
NZDJPY Correction Continuation LONGWelcome back! Here's an analysis of this pair! **NZDJPY is now trading in an uptrend and approaching resistance 79.20 area. I expect a correction from the area back to previous support near 78.40, and further growth upward. Bias is LONG! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy