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LINKBTC is ready for 0.001 🦐$LINK.X bounced on weekly dynamic support. The price now it testing daily support. 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.
Long
by InkyGrip
22
CHF/JPY Analysis Jan. 24, 2021Welcome back! Please support this idea with a LIKE if you find it useful. ** If price breaks key weekly resistance, it may rise to the 1860 resistance level. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. 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
by BKTradingAcademy
Bitcoin oversold .. will it correct? Lets see..Just an idea but you can see how heavily over bought BTC is on the weekly .. currently over the 90 RSI. You can see that I circled other RSI periods where Bitcoin was over a value of 90 and how it soon corrected afterwards.. the longest period Bitcoin hovered over 90 RSI was in the 1st 'bubble' which lasted for seven weeks before taking a dive. Same thing with the 2nd 'bubble' which also lasted 7 weeks. 3rd bubble lasted 2 weeks. In our current state of being over bought, labelled 4, we are 2 weeks in an over bought RSI over 90. If Bitcoin is nearing a correction then $19k support would be a good area to add buy orders, also the golden ratio fibs. A correction might not come for a few more weeks as per the first and second RSI bubbles show but that was when Bitcoin was a hell of a lot cheaper than it is now, so it makes sense that people would begin taking profits a lot sooner today. After a 920% gain since March, I don't think a 50% correction is out of the question but we will see!
BNC:BLX
by Secret_Cervix_Agent
2
Is Consolidation Showing Signs of a Drop Coming?Price looks like it's showing fatigue on the daily and is consolidating for a potentially nice drop this week. This will most likely move as a giant pullback before continuing up, but it'll be a few hundred pips before it continues. Otherwise, I have to see is it going to do a fakeout to the weekly or actually bust through it. We're about to find out. BEAR TPs: • 46.93 • 46.20 • 45.72 • 44.67 • 43.90 BULL TPs: • 49.76 • 50.26 • 51.23 • 52.34 • 53.40
TVC:USOILShort
by NikaJourney
GBPAUD- Weekly AnalysisHappy Sunday to you all, Definitely was a weird week last week for GBP. What I think will happen when the market opens is price will gap back down to where it gapped from last week, which it never retraced back to. Even if it doesn't price will rise then eventually retrace to that area for sure! I personally have never seen anything happen like this, where price doesn't retrace to where it gapped from within the same week. So what i'm expecting this week is price will retrace and rise just like it has previously at this area a few other times. If price was to take on the bulls price is definitely headed to 1.80000+. I will be updating/posting this pair all week so stay tuned, I feel a good week is ahead of us!
Long
by lobfxempire
GJ Weekly Analysis! *Big week ahead!*Happy Sunday to you all! *READ ENTIRE ANALYSIS* Price is creating more higher highs, higher lows, and looks to be about to reach the resistance line just above the 78% on the Fibonacci Retracement (Blue Line) which is around the price of 142.825. What I see CAN POSSIBLY happen is price creating a bearish 3 drive strike pattern *Red cirlces* once it reaches the resistance line which is why I have the long dark red path line from resistance all the way to the 0% on the Fibonacci Retracement. I've put my predictions on the chart for if price was to go up or down from where it is now, and right now i'm leaning more towards the bulls, based off what i'm seeing at the moment, and also what price has done in the past. The green circles indicate where I personally will be looking to execute on GJ if obviously the market plays out how I see it playing out. Goodluck with this pair if you are trading it this week! Leave a comment below if your trading GJ this week, and leave a like if you agree with my weekly analysis
Long
by lobfxempire
2
Will Previous Market Structure on Weekly Be Respected?On the 4 hour, it looks like a baby head, neck, and shoulders is forming to signal the bull. The right shoulder is missing. BUT, it's the weekly charts that got my full attention. It shows price is bearish, but a bit jagged. We're sitting on top of where a previous market structure took place. If we break the range at 1.50748, we're gonna be in for a nice nosedive. This is my favorite pair. I can't wait to see what it does. BULL TPS: • 1.52947 • 1.53709 • 1.54582 BEAR TPS: • 1.51824 • 1.50998 • 1.49809 • 1.49015
by NikaJourney
2
Possible Pullback Before ContinuationGold hasn't been this high since the last recession. Had to put in new levels to pace the move. New zones will be created as the market continually moves up. I don't think it's gonna stop any time soon with the economy devastated by the Coronavirus. This is ongoing. So this is may give god the opportunity to keep rising over time. The most I'm looking for is a pullback before continuing up. I marked up targets for the short if it comes into play longer than expected. Here ya go: BULL TPS: • 1754.14 • 1769.64 • 1795.30 BEAR TPS: • 1733.84 • 1725.92 • 1701.70 • 1686.70
FX:XAUUSD
by NikaJourney