GBPCHF on the 4h chart tested the supply zone at the 1.14 area. The market created a double top over the resistance area and IF the price will break below the support i will set a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
USOIL on the 4h chart after the recent high is moving in a slow retracement to the monthly support. The market tested the 0.5 Fibonacci level and the main outlook remain bullish . How can i approach this scenario? IF the price will break above the resistance area i will look for a nice order according to the Plancton's strategy rules. -–– Follow the Shrimp...
USDCHF on the 4h chart is moving between 2 converging trendlines. The price after the last test of the upper trendline is retracing lower and possibly today after the NFP we can see a break above. How can i approach this scenario? I will wait for a potential break of the dynamic resistance and when that will happen i will look for a nice long order according to...
DOW after Fridays's NFP news dropped back at the 2900 level. The main outlook remain bearish and a retest of the 3000 level can be seen. How can i approach this scenario? I will wait for the US market open and if the market will test the 0.618 fibonacci level and show us a sign of inversion i will check a possible short order according to the Plancton's strategy...
USOIL on the 4h chart after the recent high is moving in a slow retracement to the monthly support. The market is possibly looking for the 0.618 and the main outlook remain bullish. How can i approach this scenario? I will look for a test of the support area and IF the price will provide us a sign of inversion i will look for a nice order according to the...
SP500 on the 4h chart has retested perfectly the 0.618 fibonacci level. The price is now trading above dynamic support and a break below will show further signs of weakness. I will wait for a clear break on the 4h chart and if that will happen i will be looking for a nice short order according to the Plancton's strategy rules. –––– Follow the Shrimp 🦐 Keep in...
USOIL on the 4h chart is creating a series of lower low lower high with the market that was unable to violate the previous lower high. Now the price is testing an important liquidity zone and a bounce to the upside could be seen. How can i approach this scenario? If the price will break above the last minor swing we can set a short term long order according to...
EURGBP on the 4h chart after the recent high dropped back to the 0.86500 level. The price on the macro picture remains bullish and IF the market will break and close above the minor 4h resistance i will be looking for a nice long order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
GBPJPY on the 4h chart after the sharp retracement from the recent low tested the 0.886 Fibonacci level and turned to the bearsih scenario. The market tests the 0.618 level and a downside continuation can be expected. . How can i approach this scenario? If the price will break below the support area i will set set a nice short order according to the Plancton's...
GBPUSD on the 4h chart after the recent low retraced back at the 0.786 Fibonacci level at a significant supply zone . The price turned back into a bearish scenario and i currently testing the 0.5 Fibonacci area. How can i approach this scenario? I will wait for the EU market open and IF the market will break below i will look for a nice short order according to...
EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected. The market retraced then at the 0.786 Fibonacci level and is now trading above the 0.5. How can i approach this scenario? I will wait for the EU market open and if the price will break below i will look for a nice short order according to the Plancton's strategy...
UKOIL on the4h chart tested the support area and could not break below. The market is now trading below the resistance level at 89.50 and a break above can be seen. How can is approach this scenario? I will wait for a clear break of the area and if the market will provide me an opportunity i will set a nice long order according to the Plancton's...
XAUUSD on the 4h chart reached an important confluence zone between a descending trendline and a daily resistance. The price moved higher as expected and IF the price will break the confluence area we can see a bullish continuation to the 1760 area. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
EURUSD after my previous analysis broke above the resistance as expected and retraced at the 0.618 Fibonacci level The price might target the inside candle at the 1.00300 area. How can i approach this scenario? I will wait for a break of the resistance are and if the market will give us clear retest i will look for a nice long order according to the Plancton's...
EURUSD after my previous analysis broke above the resistance as expected. The price might target the inside candle at the 0.99 area. How can i approach this scenario? I will wait for a retest of the support are and if the market will give us a sign of inversion i will look for a nice long order according to the Plancton's strategy rules. –––– Follow the Shrimp...
GOLD on the 4h chart reached the recent low at the 1615 level where the price inverted to the upside and tested the descending trendline. The market creates a inverted Head and shoulder opportunity but we will need to see a right shoulder development in the next house to confirm the pattern. How can i approach the scanrio? If the price will break and close above...
GBPJPY on the 4h chart retraced sharply from the recent low. The market creates a series of powerful lower hh hl and is now close to an important supply zone. How can i approach this scenario? If the price will reach the supply i will be look for a possible inversion and set a nice short order at that point according to the Plancton's strategy...
SP500 on the 4h chart has retested perfectly the 0.618 fibonacci lelevl over a weekly resistance. The price is now trading above a daily support and a break below will show further signs of weakness. I will wait for a clear break on the 4h chart and if that will happen i will be looking for a nice short order according to the Plancton's strategy...