Resistancerejection
ONEUSDT is trying to have a breakout 🦐ONEUSDT is trying to have a breakout from daily resistance. IF the price will have a breakout and turn the current daily resistance into new daily support, According to Plancton's strategy (check our Academy), we can set a nice 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.
MATICUSDT lost weekly support 🦐MATICUSDT lost weekly support and daily as well. IF the price retest the daily as new resistance, According to Plancton's strategy (check our Academy), we can set a nice 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.
VIDTBTC is testing daily resistance 🦐VIDTBTC is testing daily resistance. If the price will have a breakout upwards, and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
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.
DOTUSDT is testing 0.5 Fibonacci level 🦐DOTUSDT is testing 0.5 Fibonacci level after a nice bullish impuòse. The price has two big resistance ahead, one on 0.618 Fibonacci level and one on ATH.
IF the price will have a breakout upwards (0.618) According to Plancton's strategy (check our Academy), we can set a nice order
–––––
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.
AUDUSD Reached Daily Resistance LevelAUDUSD has just reached a resistance level that has been tested and rejected multiple times. We can expect the price to fall down and test support levels. If you zoom in on the daily chart, you can see that a double bottom pattern has formed which is a bullish pattern. However, if AUDUSD will continue the bullish trend, she will most likely need to come and test the neckline level once more before continuing the bullish trend. Our first TP will be the neckline.
Please give a thumbs up if you agree with the idea and if there are any questions, feel free to comment down below.
HODL! but not to your crypto...It is just an addition to my previous BTCUSD idea which was more based on RSI indicator. Here we have not 1, not 2 but 4 different resistances: the first and the most obvious one comes from the previous ATH, the second and the third one comes from the upper levels of the upward channels 1 & 2. The forth resistance presents itself in the RSI - currently we are stuck at 84 value. But wait, there's more: Greed and Fear index is 95 which is crazy even for Bitcoin (this index has never seen bigger numbers). And hey, we still have to see at least 25% correction and touch 20 weeks MA.
ENJBTC is testing the historical weekly trendline 🦐ENJBTC is testing the historical weekly trendline as a support.
IF the price will break the daily dynamic trendline and daily static resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
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.
1h candles support resistance 21 oct to 13 novThese are my take on current support resistance levels based on multiple touches
MDABTC is testing Weekly resistance 🦐MDABTC is testing Weekly resistance IF the price will have a breakout upward, and flip weekly resistance into weekly support, According to Plancton's strategy, we can set a nice order
–––––
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.
ADAUSDT is inside the descending channel 🦐ADAUSDT is inside the descending channel, and the price retested 0.5 Fibonacci level.
IF the price will have a breakdown downward, and turn the support into resistance, According to Plancton's strategy, we can set a nice order
–––––
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.
Emerging markets breaking down as wellCompared to US indices, AMEX:EEM looked relatively strong in recent weeks, however, it seems that market forces taking emrging markets lower as well.
After uptrend support was broken, EEM fromed head&shoulders right at 2018-2020 major resistance and yesterday we witnessed breakdown.
Good odds at least 10% correction would be witnessed from here
BTCUSDT in on weekly support 🦐As we said in my previous idea Bitcoin in on key level, on the neckline of Inverse head shoulder.
IF AND ONLY IF the price will lose the support, we can see a new bear impulse
According to Plancton's strategy, we can set a nice order
–––––
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.
FKLI TRADING : 157) short on reboundthis is trade 157 frm haidojo trading...
"after the counter-trend yesterday, we have a pretty painless trade today...short near 1540 and took profit at 1520...
price even moves lower than the previous low and continues to 1500++...
now we are anticipating the price to move back retest 1512-1520,
support-turn-resistance level and short near that level ... next level of support is at 1475-1486 ...
dun try anymore counter-trend at this moment...
market is at full speed downtrend now..." frm my earlier QUOTE...
- so today fkli-sept did exactly what I had expected yesterday, which are:
1) went into the 1475-1486 region and rebound...
2) retesting the 1512-1520 resistance...
now for Monday, we shall wait for signal of the price being rejected and go for short...if thr is no signal then wait for the price to slowly glide
upward and retest the higher-resistance at 1540...1540 is a critical area for shift-of-trend...
higher resistance : 1540
current resistance : 1512-1520
support : 1475 -1486
lower support : 1450
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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ETHBTC nice bounce on weekly resistance, ready to explode! 🦐ETHBTC had a nice bounce on weekly resistance, as we said in the previous idea .
The price broke a daily resistance and is going to test monthly resistance.
IF The price will break the monthly level According to Plancton's strategy, we can set a nice order
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.
Long set up buy above 243The stock gave some serious moves in a month
242 is acting as strong resistance
The stock soon going to show moves in couple of sessions
Stop loss 230 on closing basis
USOIL BULLISH ? I see a buy on oil, Day chart and line chart shows large candle breaking out of a zone, we have 3 rejections to the breakout area, and we know 4 touch equals breakout. However, i want to see a LARGE candle breakout that zone then i will go for the retest buy. As of right now oil is buying pretty strong, if momentum stays up we will get that strong breakout to take the market up.
Shorting the AUDCAD resistanceFX:AUDCAD
#AUDCAD Bearish divergence. Price at resistance and stochs are showing overbought levels. Would be a good place to place short.
Shorting NZDJPYFX:NZDJPY
Price approaching previous resistance. There is bearish divergence forming on the lower timeframe (1 Hour). Clearly overbought levels. Clear price rejection would be a great additional confirmation on this.
BEWARE OF PULLBACK ON RESISTANCE - CAC40 - 30MNThanks for your likes and shares! Much appreciated!
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The market is in a recovery mood . The actual range can possibility be a good entry for a short direction profitable trade.
The upper level can possibly see a nice entry for long direction trade, BUT, beware of pullback because it is a strong resistance line. If pullback happen it will be a even better entry for Short Direction Trade!
Possible Short Position For EURUSDFX:EURUSD
Price got to a major Resistance area @ 1.09885 and reversed back down breaking a supporting trendline @ 1.09316 making that a new resistance trendline.
after the retest of the new resistance trendline above, the expectation is that price would return to the major support area around 1.07800
Pullback Short SetupCADCHF retracing back towards our respectable trendline, which also corresponds well with our 0.618 fib level, as well as the previous resistance area.
