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Weeklyresistancebreakout

GBPCHF on a break of the resistance 🦐GBPCHF on the daily chart is moving inside an uptrending channel. The price went to touch the lower trendline before starting a sharp move to the upside on the day of yesterday. Now the market is testing the important weekly structure at 1.90. When the price will break and close above we will set a nice long order according to Plancton's strategy. ––––– 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
8
EURAUD on a new bullish impulse? 🦐EURAUD on the daily chart created a double bottom over the weekly support around 1.63500. The price is now testing the upper structure around 1.65500. On the 4h chart, we can see that the market broke the descending trendline of the triangle formation and now testing the structure. IF the price will break and close above the weekly resistance we can set a nice long order according to Plancton's strategy. ––––– 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
9
EURCHF on the test of a weekly support 🦐EURCHF has broken the ascending channel started at the end of July. The price broke below and will go for the test of the weekly support around 1.07 level. IF the price will break and close below the resistance structure we can set a nice short order according to Plancton's strategy. ––––– 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
5
GBPCHF will break the weekly resistance? 🦐GBPCHF on the daily chart has consolidation below the 1.19 resistance area. The market is moving in a minor descending channel and seems now strong enough for a break above. IF the price will break and close above the 1.19 area and consequently break the descending channel and the weekly resistance, we will set a nice long order according to Plancton's trategy. ––––– 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
8
USDMXN on a spicy level 🦐USDMXN on the daily chart hit the monthly support (purple one) and started a strong bullish impulse. The market hit the upper trendline which is also at the level of a weekly resistance and retraced a bit. IF the price will manage to break and close above that level 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.
Long
by InkyGrip
10
USDCHF looking up 🦐USDCHF after hitting twice the monthly support at the 0.90300 level started a nice bullish leg. Price broke and retested the daily support area at 0.91300 and recently broke the one at 0.91800. We can expect the price to test the 0.92500 zone. ––––– 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
by InkyGrip
5
AUDCAD testing a weekly resistance 🦐AUDCAD on the weekly chart hit a weekly resistance and price started a retracement move. On the Daily chart price moved inside an uptrending channel and recently broke a bull flag for a new test of the upper structure. Price is now ranging between the 2 structure and price bounce over the 0.618 of the previous minor leg. IF the price will break and close above the 0.96700 area we will set a nice long order according with 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.
Long
by InkyGrip
4
EURCHF on the break of the range 🦐EURCHF gain a bullish momentum. After the last attempt to break market got rejected to the 0.786 fib level before starting again the uptrending move. On the weekly chart we can notice that there will be another resistance zone around 1.08500. We will wait for the condition to trigger to set a nice long order acccording with our 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.
Long
by InkyGrip
2
EURCHF daily analysis 🦐EURCHF on the weekly chart is still inside the 2 structure but if the week will close at this level we will have a sign of a new bullish momentum. On the daily chart the market tested the lower structure and got the direction of the upper one. Being this a very long and complex correction, we will wait for a potential break of one of the 2 structure for a clear market direction. ––––– 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.
by InkyGrip
4
CHFJPY hit a weekly resistance 🦐CHFJPY on the weekly chart is close to weekly resistance. Market has moved inside an ascending channel and got support by the daily structure around 115.500. Being in a bull trend IF the market will break and close above the weekly structure we can set a nice long order according with 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.
Long
by InkyGrip
2
USDSEK ranging for a possible retracement 🦐USDSEK is close to a weekly resistance. Market is currently renging between 2 structure and after a long bear move there is the possibility to see a retracement. Price currently broke the inor channel and is testing the support structure. IF the market will break and close above the weekly structure, at the restest of it, we can set a nice long order according with 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.
Long
by InkyGrip
6
EURAUD Monthly/Weekly 🦐EURAUD on the monthly chart has been moving inside a channel. On the weekly chart market respected the dynamic trendline (red) and price after the huge spike retraced back till hitting and starting a new leg up. Price is now close to a weekly resistance and IF the market will break and close above it, we can look for a nice long order. On the other case, IF the market will not manage to break the upper structure, we will monitor the price till a possible break and restest below the weekly trendline for a nice short 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.
by InkyGrip
6
TRADING BITCOIN WITH THE PARABOLIC SAR!!!Hey Traders, decided to make an informative post trading with the Parabolic Stop And Reverse Indicator. I will be only referring to bullish instances for the Parabolic SAR. For this example, I will be using the Daily Time-frame on BTC/USD. First & foremost, I use Parabolics to indicate the direction of the pair i'm trading. It also helps in finding great entry and exit points. On my chart I have my Parabolic Indicator colored Black. I have 3 Bullish Parabolic areas indicated as well as Daily Support & Resistance. I want you to notice how each time price closes over the Parabolic upwards, it brings more bullish action. There are 3 occurrences indicated on my chart in circles. It will always only be 2 scenarios for me everytime this happen. Scenario 1: Price continues the bullish movement reaching new highs. Scenario 2: Price neglects close over Parabolic & decides to pullback. Almost certainly, price will retrace back to the closed over zone of the Parabolic. I am new to TradingView, but definitely not Trading. I hope this helps your trading journey. Leave Comments Below! They Are Welcomed & Appreciated!!
BITSTAMP:BTCUSD
by lobfxempire
VETUSDT | Double Top | S/R Flip | Volume Climax Todays Analysis – VETUSDT – Ranging within support and resistance Points to consider: - Weekly resistance - S/R Flip - .382 Fibonacci Retracement - 21 EMA (visual guide) - Volume Climax - Oscillators Neutral VETUSDT is consolidating within structural support and double top resistance after putting in a successful S/R flip re-test. A long trade will be validated upon body candle closes above weekly resistance or a short trade upon body candle closes below structural support. The .382 Fibonacci retracement acting as support in confluence with structural support needs to hold for a bullish continuation. Price action respecting the 21 EMA as it breaks in either direction will act as a visual guide, assisting in trade management. VeChains recent volume climax as it broke above resistance levels is indicative of buyer exhaustion as price balances supply and demand. The current volume is below average, a sustained increase in volume will allow for decisive price action in either direction avoiding any false breaks. Oscillators are neutral, further price development will allow for directional bias. Overall, in my opinion, further price development is needed and a break in either direction supported by volume validates a trade. What are your thoughts? If you’ve read this far, I’d like to thank you for following my work and development as a trader! As always, Focus on you, and the money will too!
by Kudiiee