3M A good location to shortHello everyone,
Today i want to share which you my idea on 3M.
The structure of the price look verry bearish, and now the price try to bounce on the previous structure and get rejected.
So we have a good location for a short entry.
The target is on the previous support, and close to an AB CD.
For the more greedy of us, you can try to entry at 176.57
Resitance
DXY Hidden Bearish Divergence close to ResistanceThere's a lot of uncertainty in the markets right now, hence the spike in the relative value of the dollar. A lot of investors in the world are flocking to the dollar. They believe a crash is coming and best believe it is but not before the biggest blow off top ever. The meltdown will be devastating but not until you see crude oil reverse. Crude oil bullish move is just getting started. Don't be shorting this market, you will most likely get burned.
Bullish! The question is how much?A beautiful channel forming from the drawdown in September. Bitcoin is over the 21 Week MA (historically Bullish), over the 7 Week MA, Bear trendline from the top and doing perfect higher highs and higher lows.
Some think we'll get to the ATH in October, some in November, and there are some that STILL think we are in the bear market.
Let me know what you think in the comments
✅EUR_USD MULTI-TIMEFRAME ANALYSIS|SHORT🔥
✅EUR_USD is trading in a downtrend
The pair broke a key level recently
Now, we are seeing a pullback to retest the broken level
I think that we might see a pullback from the level
Giving an opportunity for a local short
SHORT🔥
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LRCUSDT wants the breakout! 🦐The price is testing the daily resistance. IF the price will have a breakout 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.
CADJPY Long SetupsCADJPY possible long scenarios represented by the coloured arrows.
Scenario 1 (Green Arrow): we see a wedge pattern where it bounces of lower boundary to then make a move to the upside breaking out to resistance at 83.000 (psychological price level).
Scenario 2 (Blue Arrow): We see it break upper resistance (Black line), retest then move towards 83.000
Scenario 3: We watch for a breakout of upper resistance and a move towards 83.000
Looking at the moving average we see price in a upwards trend, hence the reason for not looking at taking a short
BITCOIN RETEST COMPLETE? 🧙♂️Bitcoin is nearing another psychological zone of 35k$. With a retracement of more than 27.8% BTC saw some correction of the current bullish run. Now we have two scenarios:
Scenario A:
Bitcoin continues that beautiful uptrend channel on its way back to 39k$ bouncing of the bottom trendline right away.
Scenario B:
This scenario is more likely as it helps the momentum to build back up. The idea is that BTC breaks out of that channel and creates nice Head and Shoulders pattern before continuing that movement to the moon.
In any case scenario, we're long, just waiting for the right entry. Trade safely!
ATOMBTC is trying to have a breakout 🦐ATOMBTC is trying to have a breakout from descending weekly resistance and daily static resistance.
IF the price will have a breakout upward, 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.
XRPBTC is creating a W 🦐XRPBTC is creating a W, or double bottom, on the daily chart.
If the price will have a breakout from the neckline and retest it as 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.
AGIBTC is creating Inverted head and shoulders 🦐AGIBTC is creating Inverted head and shoulders below a daily resistance.
According to Plancton's strategy, we can set a nice order
–––––
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.
One last try??BTCUSD in a falling wedge channel pattern. Will it make one more attempt to burst up to $10K? or fall out of the channel and keep falling... a lot depends on stock markets also. Were on the verge of bad Q2 results, Virus issues arising again... what will happen next? we wait and see what happens, Limbo continues...