GBPAUD on the daily chart creates a nice impulse before retracing back to the 0.382 fib level. Price on the 4h chart is consolidating in a tight range between the daily support and a 4h structure. IF the price will manage to break and close above the minor structure we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is...
USDNZD on the daily chart created a double bottom over a monthly support before starting a bullish leg. Price now hit a weekly resistance at the 1.53 level and we can expect a possible retracement till the 0.382 level exactly over the daily support. When the price will break above the weekly resistance, we can set a nice long order according to Plancton's...
EURCAD on the daily chart bounce over the weekly resistance at 1.54400 and reached the 0.382 fib level at 1.56500. Price couldn't make new recent highs and broke the ascending channel. The market tested already three times the daily support at 1.55500 and IF the price will break and close below the structure we can set a nice short order according to Plancton's...
EURJPY on the weekly chart hit and got rejected for the 3rd time by a weekly resistance. Market that moved inside an uptrending channel till now is losing a bit of the bullish momentum and probably will look for a retracement. IF the price will break and close below the first 4h structure and consequently break the channel we can expect the market to reach the...
EURNZD after the retracement till the 0.382 fib level has started again to test the daily structure. Market got rejected by the resistance structure and now seem to look up again. IF the market will break above the blue structure at the retest of it we can put a nice long order according with Plancton's Strategy. ––––– Follow the Shrimp 🦐 Here is the...
AUDNZD after the sharp bullish move is now looking for a retracement. Market respected the upper part of the uptrending channel and will look now fot the lower part of it. We will wait for retracement to end to look for an inversion sign at the 0.382 fib level. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you...
Gold has reached in the last weeks a key level of 2072 and retraced back below the 2000 level creating a new highs. On the weekly chart (lower left) we can see that retracement touched the 0.5 fib level and went back at the 0.382. Price on the daily chart (lower right) is moving between a lower support structure at the 0.382 and a discending trendline, creating a...
GBPAUD after the downtrend started a new move up. Market retraced till the 0.382 fib level and started to range between 2 daily structure. If the price will manage to break and close above the daily structure, at the retest of it, we can set a nice long order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical...
EURNZD after the double bottom and the break of weekly resistance is now reaching a daily resistance. Market will possibly retrace till the support at the 0.382 fib level or even at lower 0.618 weekly resitance (red colour) before start again the bullish move. At the break and close above the daily resistance we can set a nice long order according with Plancton's...
On the monthly chart (left side) EURUSD creat again a retracement till the 0.618 fib level as it happpen already previously. The market anyway didnt create new lows before the retracement. Price now is approaching the monthly discending trendline and we can expect 2 different scenarios. On the weekly chart the price could break above the trendline (purple) and...
The market carry on his down move after hitting few times the 0.382 fib retracement. Yesterday the price broke below the daily structure and today looking for a retest. According with our strategy we can set a nice short order. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the...
Titan flag can be clearly seen on 2 hrs chart as well as triangle breakout at daily chart and also daily trendline breakout at 1050...Retraced 38 percent and now broke daily trendline but only concern is volume which is very less. Targets on chart...
Tatachem perfectly retracced from and made pennant...316 -320 is supply zone so take caution at that level. Targets on chart...
- Continued AUD strength? - Higher high, higher lows - Rejection of TL, and 0.382 FIB
Good day, snipers. Here in the GBP/CHF, we previously broke through a minor area of resistance and now turned it as support and is also the 38.2 Fib level. With these three combined, I am looking for a bullish signal then that bulls have stepped into the market in order to achieve a confirmation and a better risk : reward ratio Follow me on tradingview for more...
- Higher highs and higher lows - Trendline rejections and 0.618 FIB along with 50MA on 4HR - May look to buy if we get slight pullback to 0.382 FIB, which lines up with 50MA on the 1HR
- Higher highs and higher lows - Pullback to the ascending trendline which lines up with the 0.382 FIB and 50MA - Rejection of this would also line up with 1HR 200MA