CADCHF made a double bottom in the daily timeframe hitting a very strong weekly support level. Setup two buy positions aiming at top of first range bound price action around 0.6800 and second level range resistance at 0.6936. Monitor to see reaction to long-term trendline coming from May 2022.
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this BNB update. As you know recently we have seen many FUD against Binance. No one knows whether these fud are true or not but we trying to understand the situation by reading the chart. BNB is currently trading around the $245 level. It is trading inside a...
FTT has traded within this Giant Falling Wedge Pattern and is at a Weekly Support Level like the SPX and Nasdaq as well as the Pattern Completion Zone of a Bullish Gartley so Long as it holds above support we should see a Decent Breakout Very soon from here Potentially to $60-$71.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this Bitcoin Dominance update. Those who don't know, BTC.D works inversely with Altcoins. It means when BTC.D dumps, Alts will pump and when BTC.D pumps, Alts will bleed. Now let's get to the chart. Currently, Bitcoin dominance trading below 40 and it is at the...
OANDA:US30USD US30 has broken its bullish structure. A retest formed and the bearish engulfing candle which has formed is confirmation for entry. Target is the weekly key support level I highlighted on the weekly timeframe.
ALPHA approaching weekly support and from there it will go on liquidity hunt towards the untested orderblock. Analysis: Trapped in descending channel Testing 4hour as resistance Traveling towards weekly support Will hunt liquidity from below order block Entry: 0.3161, 0.2646 and 0.2216 Stoploss: whatever you can afford to loss :)
Analysis Moving inside falling wedge Breakout from wma50 and going to retest it as resistance Breakout of weekly key level and going to retest it as resistance Price will fall to 0.03 create a V bottom between 0.03 and 0.01 before going for ATH
Fundamentals: Same Too early for deleveraging... Technicals: US Dollar's Retest of Weekly Double Bottom Breakout Past Resistance = Future Support Conclusion: Stay on the same course....
USDCHF - Potential Butterfly, Looking for a pullback towards the DL trading away from the DH to fill previous imbalances before looking for reversals to take this long! Let me know your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial...
NZDUSD on the daily chart reached as expected the support area. The price is now testing a dynamic support and according to Plancton's strategy IF the price will break below and satisfy the ACADEMY conditions we will set a nice short order. ––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
EURJPY after our last analysis moved as expected to the support area. The market is now trading over a weekly support and already retested the trendline. According to Plancton's strategy if the price will break below and satisfy the ACADEMY conditions we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
AUDCAD on the daily chart is testing for a 4th time a weekly support. The price is in a downtrend and tested the 0.382 Fib level after the last bearish impulse. According to Plancton's strategy if the market will break below and satisfy the ACADEMY conditions we will set a nice short order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Waiting for EurCad to break out of this range to start a nice rally to the next weekly area. We are currently at a very important weekly support, lots of daily rejections as well. Looking for a nice break and retest on the yellow box to go long
GBPAUD on the 4h chart after the last bearish impulse tested the 0.5 Fibonacci retracement level and is now breaking below the weekly support. According to Plancton's strategy if the conditions will be satisfied we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
GBPUSD after the break below the weekly support is currently retesting the structure at the 0.5 Fibonacci level. According to Plancton's strategy if the price will show us a sign of inversion and satisfy the ACADEMY rules we will set a nice short order. ------ Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
GOLD on the daily chart got rejected by the confluence point at the daily resistance. The price created a triple top on the 0.618 Fibonacci retracement level and now is moving to the support structure. According to Plancton's strategy if the price will break below we will set a nice short order following our Academy rules. --–– Follow the Shrimp 🦐 Keep in...
EURNZD on the daily chart ends the correction in the ascending channel and now testing the support area. The price starts the bearish move at a confluence point enlighten in the chart and now is breaking below. According to Plancton's strategy if the price will satisfy the academy rules we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣...
GBPCHF on the daily chart is currently testing a weekly support. The market after the break of the ascending channel tested twice the structure. According to Plancton's strategy if the price will break and close below we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...