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...
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...
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...
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...
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. • 🟣...
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...
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...
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. • 🟣...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
GOLD after touching the highs retraced back till the 0.618 before going back above the structure at the 0.5 fib level. Price started then a move between 2 trendlines creating a bullish triangle. If the market will break above the daily structure and consequently break the triangle trendline we can look for a nice long order according with Plancton's...