AUDUSD on the 4h chart shows a typical bullish price action where the price is breaking the previous high. After the retest of the 0.67500 zone the market started a bullish impulse and reached the 0.7000 zone. Currently the price has been rejected by the resistance area ad IF the market will break above we can set a nice long order according to the Plancton...
SP500 on the 4h chart after the accumulation phase break to the upside the range and retest the previous resistance now turned support. The market started a series of higher highs, higher lows and broke the daily resistance to the upside. Following the last bullish move the price retraced to the 50% of the previous move and is now trading below a minor...
GBPUSD on the 4h chart tested the weekly resistance around the 1.2300 level with a bullish impulse. The market then started a retracement move and a possible test of the 0.382 or the 50% of the move can be seen. How can i approach this scenario? I will wait for a possible test of those level but, remaining the trend bullish, i will consider an inversion to set a...
EURGBP on the 4h chart after the uptrend impulse reached the 0.88600 area. The market started a distribution phase where it tested the upper resistance and lower support a few times without breaking it. The price then moved to the lower demand where it took the liquidity to create the impulse to the upside with a break of the previous range followed by a retest of...
USDCHF on the h chart is trading over a support area. The price recently moved out from the 2 narrowing trendlines that were creating a falling wedge. We see an accumulation phase and a possible move to the upside can be expected. How can i approach this scenario? After the liquidity grab over the support area the price started a move to the upside and will test...
EURUSD on the 4h chart is trading within a monthly resistance. The price after a distribution phase tested the lower demand and created a strong impulse on Monday. Currently the market is trading at the recent high below a minor 4h resistance. How can i approach this scenario? According to Plancton's strategy IF the price will break above we can set a nice long...
SP500 on the 4h chart started the week with an uptrend move. The market after a distribution phase tested the previous support now turned resistance and took the liquidity with a false breakout of the area. The price after the rejection move to the top level of the distribution box and a possible bearish continuation can be seen. How can u approach this...
GOLD after our previous idea broke the 1820 zone and moved to the 1880 resistance area. The price creates a series of higher highs and higher lows and has perfectly tested the top of supply area on the h4 timeframe. Following a higher high, we expect a higher low and for this reason, we took the Fibonacci instrument. How can i approach this scenario? I can look...
GOLD on the 4h chart is trading with a series of rising lows below a 4h resistance. The price has been moving over the ascending trendline and reached the 1820 level. How can i approach this scenario? According to Plancton's strategy IF the price will break above we can set a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp...
EURGBP on the 4h chart after the uptrend impulse reached the 0.88600 area. The market started a distribution phase where it tested the upper resistance and lower support a few times without breaking it. Being at the top of an impulse I would expect some retracement to the fair value. The main trend remains anyway bullish so we will need a clear break of the...
US100 on the 4h chart after my previous idea continue the bearish trend and reached the weekly support. The price after a distribution phase took the SL liquidity with a false breakout of the 12200 level and moved lower with a clear break of the support and a series of lower high lower low to the 10700 zone. The price creates a new redistribution phase and a new...
AUDUSD on the 4h chart after the 2nd test of the 0.68750 zone moved lower to the weekly support. The market has been trading over an ascending trendline and always respected the dynamic support. How can i approach this scenario? I will wait for a potential break of the confluence area and if that will happen i will belooking for a nice short order according to...
US100 on the 4h chart after my previous idea continue the bearish trend and reached the weekly support. The price creates a new redistribution phase and a possible continuation to the lower side can be seen. How can i approach this scenario? I will wait for a possible break of the support and if that will happen i will be looking for a nice short order according...
SP500 on the 4h chart is trading between 2 structures and today's release of the NFP data can show us some break of those levels. The main outlook remains bearish at the moment and it can be risky to trade this kind of event on the last trading day of the week. How can i approach this scenario? I will wait for a break of the support area and if that will happen...
EURCHF on the 4h chart after the last bearish impulse retraced at the 0.786 Fibonacci Level with a spike to the 0.886. The price then tested the 50% value support a few times. How can i approach this scenario? If the price will break and close below we will consider a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in...
AUDUSD on the 4h chart has tested the 50% over a weekly support. The market tested with some spike the 0.618 before moving higher to the previous recent highs. How can i approach this scenario? According to Plancton's strategy IF the market will break above the resistance i will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...
NZDCAD on the 4h chart after the over-extended impulse started a retracement move. The market, after the 1st bearish leg , retraced at the weekly resistance where the 50% of the move stands. The move left some liquidity below the support area and we can look for a continuation of the retracement. How can i approach this scenario? I will wait for a possible break...
EURJPY on the 4h chart has tested a confluence zone and is currently retracing to the upside. The price after the drop might look for the 50% retracement and we will monitor the pie around that area. How can i approach that scenario? I will wait for a possible inversion around a a FIB zone and if that will happen i will search for a nice short order according...