EURCHF on a channel break 🦐EURCHF after the attempt to break the monthly resistance got pushed back below.
The price is moving inside an ascending channel and is consolidating below the resistance.
IF the price will break below the lower trendline according to Plancton's strategy we will be ready to set a nice short order.
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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.
Monthlystructure
NZDJPY on a new impulse 🦐NZDJPY after the break above the monthly structure at 73.150 went for a test of the recent highs at the 74 level.
The market retraced inside a minor descending channel and after the break of it is testing the previous resistance.
IF the market will break and close above we will set a nice long order according to Plancton's strategy.
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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.
USDCHF on a retracement move 🦐USDCHF on the 4 h chart hit the monthly support at 0.89870.
We can expect the price to bounce over the structure and create a retracement move until the 0.382 or the 0.5 fib level.
We will check the market after the retracement for a new opportunity.
--––
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.
USOIL on a monthly structure 🦐USOIL after our analysis last week reaches the 46 level over a monthly resistance.
The market created a very nice bullish impulse until the top trendline of the ascending channel.
After such an impulse we expect a retracement move.
If the market will break below the minor support area we can look for a test of the 0.382 or 0.5 and then wait for a new sign of reversal.
--––
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.
EURUSD swing trade monthly analysisIf price can break the 1.1980 level we gonna see it reach 1.2380_1.2588 for approximately 600 pips gain regardless fundamental analysis.
as we see price find support at 1.1620 as a strong key level that already tested a few times.
quick reminder : in swing trade you need to risk less by reducing loot size and reducing also your stop loss you don't want to be traped in this trade
disclaimer : This analysis expresses my personal opinion only.
I am not responsible for any losses incurred due to your trading or anything else.
and one thing else. i don't predect the market i react to the the market :)
EURUSD Another Lower High?Another Lower High is confirmed on the EURUSD Monthly chart and could trigger the reversal of it.
If it gains 1.18 on the weekly scale it could test 1.19 and if it breaks change of behavior happens and the upside targets will be more probable. but until that, it is bearish with another Monthly Lower High .
GBPNZD on a monthly resistance 🦐GBPNZD on the weekly chart is inside a huge uptrending channel.
The market reaches the bottom of the channel that also is on monthly historical support.
Price on the 4h chart found created a nice double bottom over the same structure.
IF the market will break and close above the minor resistance at 1.93000 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.
JXY PRICE ACTION BIGGER PICTURETVC:JXY
This chart forms part of a larger research note and should not be considered financial advice. Please do your own research.
Trading is reactive not predictive take not on how prices act on those key highlighted levels and be aware that Fundamentals and industry sentiments play a role in price movements.
XLMUSDT it's in inside an ascending weekly channel, must HOLD! XLMUSDT it's in inside an ascending weekly channel after the price lost a monthly structure.
The price is on the bottom of channel and near to 0.5 Fibonacci level.
IF the price will recover the previous monthly support, we can see a new long impulse
IF the price will lose the weekly channel, we can see a bear scenario.
Weekly
Monthly
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow 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 Plancton0618 strategy will trigger.
USDCHF will continue the downtrend? (Monthly analysis) 🦐 On the monthly channel USDCHF broke a huge ascending channel and consequently the 0.95500 zone which has been an historical support in the past.
Price created a descending highs before falling till the next monthly support at 0.91 zone.
For the next weeks we can expect some nervous move in the market with some sharp retracement to the upside before a break to the downside for a short till the 0.87750 area.
––––
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.
US OIL will break the monthly resistance? 🦐US OIL on the monthly chart has approached a very important level of a clear resistance zone.
On the weekly chart we can see that the market has been in a consolidation phase for the last few weeks.
What we could expect is to see the price retrace between the resistance zone and ema 21 before a break or possibly a clear break of the structure retest of it and continue the uptrend move.
––––
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.
Price touched monthly channel resistance !So what could happen? In my analysis the price need to make a High-Low so that area that is marked with a circle may be a good zone to stablish de pull and also the RSI mark an overbought price in weekly chart, remember this is the last week of the month so... lets see what happen !
LONG USD/JPY.LONG USD/JPY, IF*** there is a clear rejection around the current level, wich is on a monthly key level and on the 106,000 daily key level (psychological level). The market reached a monthly key level, wich should act as resistance and seems to be rejecting it. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT EUR/JPY. SHORT EUR/JPY, IF*** there is a clear rejection around the 61,80% level of the fibonacci, wich is on a key level in H4. The market reached the 124,000 monthly key level (psychological level) and is now rejecting it. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
EURUSD is testing a monthly resistance 🦐Be careful on EURUSD.
As you can see, the price is testing the Monthly resistance. (purple rectangle).
We can expect a rejection.
–––––
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 EUR/GBP.LONG EUR/GBP, IF*** there is a clear rejection around the 38,20% and 50% level of the fibonacci, wich is on the 0,90000 monthly key level (psychological level). The market broke a monthly key level, wich should now act as resistance. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT AUD/USD.SHORT AUD/USD, IF*** there is a clear rejection at the current level. The market reached a monthly key level without breaking it with a monthly close, wich should now act as resistance also, the RSI indicates that there is a divergence in the market (pink lines on the chart and RSI ), wich indicates a possible move to the downside. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT EUR/USD.SHORT EUR/USD, IF*** there is a clear rejection at the current level. The market reached a monthly key level without breaking it with a monthly close, wich should now act as resistance, it also reached the top of the channel and the RSI indicates that it is overbought (expect a retracement). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SHORT EUR/JPY.SHORT EUR/JPY, ***IF there is a clear rejection. The market reached the 124.000 monthly key level (psychological level) without breaking it with a monthly close and the RSI indicates that it is overbought (expect a retracement). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.