GOLD on the 4h chart after the last bullish leg until the 1875 zone retraced back at the 0.382 Fibonacci level. The price then range between the 1830 and the 1845 level. IF the market will break and close above the weekly structure we will set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
EURCHF after the test of the daily support at 1.07450 bounce and rertraced until the resistance structure at 1.07880. The market hit the 0.382 Fibonacci level and now looking for the next move. IF the price will break and close below the support structure we can set a nice short order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣...
GOLD on the weekly chart is moving inside an ascending channel. The price after the last impulse until the historical highs retraced back until the 0.5 fib level over a weekly support. From there the price bounces until the 0.382 at the resistance area at 1850. On the daily chart awe can clearly see how the market created an impulse from the 1775 zone until the...
EURJPY on the 4h chart after the last impulse created a minor channel for the retracement. The price is currently breaking above after touching the 0.382 fib level. If the market will break and close above the structure we will set a nice long order according to Plancton' strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
SILVER after the last impulse until the 24.7000 level couldn't create a new high. The price retraces back until the 4h support structure over the 0.382 fib level. IF the price will break and close below the structure we can set a nice short order according to Pkancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
AUDNZD after the attempt to break the 1.05500 started a minor retracement move. The price touches the support area at 1.05150 over the 0.382 fib level and bounces over it. IF the market will break above the upper trendline we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly...
SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move. The price touches almost the 0.382 fib levelk. IF the market will close and break below we can 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...
EURNZD after the nice bullish impulse hit the 1.72600 and started a retracement move. The price is moving inside a minor descending channel and the market will possibly touch the 0.382 and bounce over it. IF the price will breaks above the resistance structure and consequently breaks the channel we will set a nice long order according to Plancton's...
MSCI SINGAPORE futures after the nice impulse until the 333 level started a retracement move. The market touches the 0.382 Fibonacci level over a support structure and started a consolidation move. IF the price will break and close above the minor resistance structure, we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep...
EURCHF is trading near to a monthly structure. The price attempt to break above but always pushed back. After the last bounce on the 0.382 the market started an uptrend over an ascending trendline. IF the price will break and close above the upper structure we will see a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣...
DAX index on the daily chart is reaching an important resistance structure. The price after retracing exactly at the 0.382 fib level over the lower trendline of the ascending channel, started a new strong bullish impulse on the enthusiasm of the covid vaccine. When the price will break and close above the resistance structure we can set a nice long order according...
In Bitcoin im looking for more downside to at least the 15k area but more likely to get to the 382 area of the move up from 4k at 13500. This would be the 61.8% of the recent low. We know how BTC likes FIB levels. It has just retraced to the tick 61.8% of the move down. This should be the next best buying opportunity. Depending on the speed of the move lower...
NZDJPY on the daily chart is moving nearby a monthly descending trendline, below an important resistance. The price after the strong impulse until the 72.600 area retraced to the 0.382 fib level and couldn't make new highs. IF the price will break and close below the support structure we can set a nice short order according to Plancton's strategy. --–– Follow the...
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...
Gold didnt hit the original sell area @ 1916 so im looking for a 382 pull back to go short. Still targeting the 1800 area but if the 78% holds then we may have a significant low in place. We also have the 382 from the March low @ 1838 which could hold things up as well.
After completing an ABCD to the tick @ 3356 Im waiting to see what happens at the 382 at 3426 for a possible Sell signal. A move beyond 3465 would mean we are probably heading for all time highs. We have the election around the corner which will be interesting.
CHFJPY on the daily chart looks bullish. After the last impulse, the market broke above the daily channel and now looks for a retest of it. IF the price will go for a test of the 0.382 fib level and shows 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...
Here NZDJPY is in a bearish channel, but at the moment it bounches off the 38.2 towards monthly resistance.