The dailly chart (see below) suggest that the Bears continue to take control of the prevailing direction of price action despite the 100pips Bullish run during last week trading session; I noticed that price has been caught within a Descending Channel since the beginning of the month with structures that support the tendency of respecting this Channel and even...
USDJPY is testing the descending trendline. The market after the last impulse retraced until the 0.5 fib level with 2 spikes touching the 0.618. According to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
GBPUSD on the daily chart after the perfect double bottom broke the descending channel with an impulse and retraced until the 0.618 Fibonacci level. According to Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
CTSI/USD Fibonacci Bounce of .618 and then agian off .50.... Get ready for this! It's already gone straight up, but its gonna keep going!!! I'm predicting $1.50! Bullllliiisshhhhhh!! UPTREND BABY!!! I posted one earlier too. Yall don't have a little of this coin.... safe to say you might wanna think about it? enjoy....
Hello trader, good mood and profitable deals! If you're new in the game,and you are interested in my plan, check out my previous analysis : BTC fractal analysis! bigger correction is comming ? Altcoin session is comming !! BTC Crypto Hype - MA fight !! BTC Crypto Hype II - Fractal play !! As I have mentioned before, I believe that the BTC rally has come to an...
AUDUSD our last analysis reached the support area at the 0.77 area. The price tested the 0.618 Fibonacci level exactly at a weekly resistance and then starts to move below at the lower trendline of the ascending channel. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...
Ive taken a short position off of the .618 i will look to take profit at the next .618 below us, if we make it through the POC Have set my stop loss above the highs and will see if this runs.
GBPAUD after the bounce over the support area at the 1.77500 moved with an impulse exactly at the 0.618 Fibonacci retracements where the market started an inversion. According to Plancton's strategy if the market will break below the support we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...
As you can see drawn in the chart, we could potentially see a re-test of the left shoulder as we create an inverse Head & Shoulders. This level is also coincidental with the 61.8% fibonacci retracement level ($43K), which many call "the point of no return", meaning a breakdown below this level is expected to reach 100% retracement, which is around $29K. The...
Still testing the down trend resistance and trading below the .66 .618, if we can break above this we'll test the highs again at 0.00009000 and maybe move up further, heard there was some news coming about this coin, i should probably had looked into what that actally was but alas i didnt as i just trade the technicals on the chart anyways.... Trade safe
NZDJPY after the impulse until the upper trendline of a descending channel started a grind over it. The price retraced at the 0.618 Fibonacci level over a support. According to Plancton's strategy if the market will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
on this pair you can see we broke up and out of a weekly lvl @0.91018 ( red dashed line) and we did not see a pull back into test it, the next thing i notice on this daily time frame is if i take a fib from low to high we have 0.618 fib confluence in this zone, we also have atr for today in this area , i want to see price get down there as well as price action and...
Wouldn't be surprised if we see a bounce here as price has fallen back to what I have identified and consider as a major support level, it's a confluence of a former breakout area, as well as a .618 retracement of a recent move... so looking for a buy signal at current levels for confirmation, e.g. engulfing candle or hammer candle for entry.
SC updated with extension targets .66 .618, ive set a TP target at 90 SATs to front run the .66 which comes in at 91 on the extension, I managed to get in with two orders one at 56 SATs and the other at 59. Trade safe people!!
SC needs to break the downtrend resistance and break the .66 .61 and it will be fireworks, looking to be a very green week, buy the fear sell the euphoria!!!
GBPAUD after the bounce over the support area at the 1.77500 moved with an impulse exactly at the 0.618 Fibonacci retracement where the market started an inversion. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure...