USOIL weekly analysis 🦐USOILon the weekly chart reached a very important resistance structure at the 52 level near to a monthly descending trendline.
The price from there can retrace back until the support area at the 50 level or even below around the 45.
If the price after the retracement will provide us a new sign of version we will be ready to 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.
Weeklysupport
EURAUD looking up 🦐EURAUD after testing the weekly resistance structure at 1.60750 couldn't break below.
The price attempts a break and then starts a new leg up with a break and retest of the structure at 1.61500.
IF the market will break above the resistance area 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.
AUDSGD over a weekly support 🦐AUDSGD after the bullish impulse of last Friday closed above a weekly support.
The price after touching the upper trendline of the major ascending channel starts a minor retracement for a retest of the support.
IF the price will break and close above the resistance area at 1.00800 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
USDMX on bearish run 🦐USDMXN after the break below the weekly support retest it few times.
The market created an ascending h&s pattern and recently broke below a minor support.
After the retest we can expect a continuation to the lower levels.
–––––
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.
EURGBP bounces over the 0.618 🦐EURGBP on the daily chart after touching the 0.92600 area at the monthly resistance started a long retracement until the weekly support at 0.88900.
The price bounce exactly over the weekly structure that corresponds to the 0.618 Fibonacci level of the previous bullish leg and from there created a nice impulse.
IF the price during next week will break the resistance area at 0.89900 and consequently breaks the descending channel, 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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
SP500 at the historical highs 🦐SP500 is at the historical high and currently broke and retest the 3445 previous weekly resistance now turned support.
After the last bullish impulse, the price never retraced back even to the 0.382.
We can notice from the chart how the 0.5 and 0.618 levels were already important levels in the market.
IF the price will break below the weekly support and consequently break the ema we will look for a test of the 0.5 or possibly of the 0.618 and from there we will wait for a sign of inversion for new bullish opportunities.-
–––––
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.
USOIL Weekly, Daily, 4h analysis 🦐USOIL on the weekly chart tried to break below the weekly support at the 36 area and got pushed back.
The price closed with a wick near the descending trendline.
On the daily chart the market on the enthusiasm of the vaccine attempt to break above the daily resistance at 41.40 and close the last daily candle exactly at the 0.5 fib level.
ON the 4 chart the price broke below and retested the 4h structure at 40.80 and now look for the test of the 0.l618.
If the market will bounce on the 0.618 and give us signs of inversion we will set a nice long order according to Plancon'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.
Leave a comment that is helpful or encouraging. Let's master the markets together
EURGBP bounces over a weekly support 🦐EURGBP on the daily chart is moving inside a descending channel.
The market after touching the weekly support at the 0.88700 area bounces over it.
On the 4h chart, the price retraced exactly at the 0.382 Fibonacci level.
If the market will break and close above the structure 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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
CADCHF over a weekly support 🦐CADCHF after the strong impulse broke and consolidate above the weekly support at 0.70150.
The market never retraced back and a retracement until the 0.382 or 0.5 can be expected
If the price will break above the minor 4h structure at 0.70450we 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.
EURGBP bounce over a weekly resistance🦐EURGBP after breaking below the descending channel found support exactly over a weekly support.
The price bounce and created an inverted head and shoulder.
IF the price will break above the neckline 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
AUDNZD ready for short 🦐AUDNZD on the daily chart is moving inside a descending channel .
The price bounce at the lower trendline of the channel and went for the retest of the weekly resistance structure at 1.07100.
IF the price will break and close below the minor support area we will set a nice short orde 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.
CADJPY bounce at the 0.618 🦐CADJPY on the daily chart broke the ascending channel.
The market went for the test of the weekly support at 78.300 before testing the 0.618 of the previous leg at the retest of the channels trendline.
IF the price will break below the 4h support, we will 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
USDJPY Monthly/Weekly Analysis 🦐USDJPY on the monthly chart is testing again an extremely strong support around 104.500 .
On the weekly chart the price always try to push back the bears from the break of the support.
IF the price will break and close below 104.100 we will look for a nice short position for the test of the monthly support.
–––––
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.
AUDNZD 4h analysis 🦐AUDNZD on the daily chart is moving inside a descending channel.
The price bounce at the lower trendline of the channel and went for the retest of the weekly resistance structure at 1.07100.
IF the price will break and close below the minor support area we will set a nice short orde 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.
AUDUSD testing a weekly support🦐AUDUSD is testing an important weekly support around 70.250.
The price on the 4h chart has retraced until the 0.5 fib level and is now ranging between a minor resistance structure and the weekly support one.
IF the market will break and close below we will 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.
SP500 4h analysis 🦐SP500 after last week bearish impulse is now holding weekly support at the 3280 level.
The price attempt to break below but the bulls are holding at the moment.
We can expect a retracement to the upside until the 3335 area and then a new attempt a break.
Being the time near to election is risky to trade the index but if the price will break and close below the weekly 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.
EURUSD Weekly/Daily Analysis 🦐EURUSD on the weekly chart is moving inside an ascending channel. the price close last week out of the range with a break of the support structure at 1.17200.
On the daily chart the price broke the ascending channel and close the week below the ema and near to the nxt support at 1.16100.
We can expect during next week a retest of the 1.17200 resistance, a lot will play the Us election and the eurpoean lockdown covid situation.
IF the price will break and close below the support area we will set a nice short order according to Plancton' 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.
EURCHF Weekly/ Daily analysis 🦐EURCHF on the weekly chart is moving inside a descending channel.
The price finally took a direction and testing a weekly resistance around the 1.07 level.
On the daily chart, the market couldn't break below and bounce over the support.
IF the price during next week will break and close below the weekly structure, we will 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.
EURCHF tesing a weekly resistance 🦐EURCHF on the daily chart broke below the daily resistance at 1.07350 and retest it.
Currently the price is above the weekly support at 1.07000.
IF the price will break and close below we will set a nice shot 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.
EURCAD looking for the 0.382 weekly fib 🦐EURCAD on the weekly chart is looking for a cup and handle pattern and the 0.382.
The market which is moving inside a daily descending channel in a lower low lower high move.
We expect the price to touch the 0.382 over a weekly support at1.53800.
IF the market will give us a sign of inversion 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.
EURUSD Monthly/Weekly/Daily Analysis 🦐EURUSD on the monthly chart is still moving inside a huge descending channel.
On the weekly chart (lower left) we notice that price after the bullish run found resistance at the 1.19 level, broke below the weekly support at 1.17 for a retracement move, and back above.
The daily chart shows us that price moved in a descending channel before breaking it.
IF the price will break and close above the 1.19 area we can look for a nice long position according to Plancton's straegy
------
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.
GBPAUD can look for a retracement? GBPAUD on the 4h chart found support on a very strong weekly support.
Market bounce over it and start a range move between the support and 1.76600.
IF the price will break and close above the resistance area we can look for a long position till the 0.382 or 0.5 fib level of the previous leg.
–––––
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.
EURCHF on a 4h support 🦐EURCHF after hitting the top level of the weekly resistance range around 1.08500 area retraced back till the 1.07500 zone.
Now price found support at that area and if the price will manage to break and close below the support structure we can set a nice short 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.