GBPUSD on the 4 h chart is moving inside an ascending channel. The price has nos moved inside a 2 narrowing trendline and the price just reached the our beloved 0.618 Fibonacci level. According to Plancton's strategy if the conditions will be satisfied we can set a nice long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
EURCHF after the break of the channel moved at the support area. The price bounces at the 0.618 Fibonacci level before starting a new impulse. If the condition of Plancton's strategy will be satisfied we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
EURCAD after the double bottom at 1.54300 moved in a nice impulse until the 1.57800 area. The price from there starts a retracement move inside a channel. Currently the price touches the 0.618 and if the rules of Plancton's strategy will be satisfied we can place a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
CHFJPY is moving inside a range. The price after the last impulse tested the 0.618 fib level. According to Plancton's strategy, if our condition will trigger, we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
AUDUSD on the 4h chart after the last impulse created a double top. The price reached the 0.77300 level, below a structure, and started a retracement until the 0.618 Fibonacci. IF the price will break above we will be ready to set, according to Plancton's strategy, a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Yen had been the strongest currency since 2021 as dollar bounced a little bit yesterday. Trying to get involved is one of my main focus today. Here I got this little hourly shooting star after 0.618, quite a good trade though. I'll only be interested in the breakdown short, if it didn't break to the downside I'll cancel the trade. Let's see how it goes yo!
CHFJPY after retracing until the 0.618 of the previous leg started a bearish move. The market is now testing the support area around 116.450. If the price will move below, according to Plancton's strategy we can consider a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
EURGBP after the test of the 0.89 weekly support at the end of November broke the descending channel and created a retracement move exactly until the 0.618 Fibonacci. The market touches with a spike the 0.786 before turning back down towards the weekly support. According to Plancton's strategy, we can expect the price to test again the 0.89 level and possibly move...
EURGBP after the last until the 0.92300 area retraced back. The price reaches the 0.9'0 level exactly at the 0.618 of the previous leg before starting a new impulse to the 0.91250 below a weekly structure. IF the market will break and close above the resistance area we will set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in...
waiting for price to breakout and swing up retesting those 1.7601 Highs to complete this channel , our conformations are that 1.7601 area lines up with our main trend 61.8 fib level ,plus trendline resistance , and a major key area. cheers
GJ has broke and retested resistance at 139.430 region, which aligns perfectly with the 50.00% fib retracement level. Price has been showing strong rejections at this support level so I am anticipating a continuation to the upside. Currently awaiting market open & a small retracement before entering, for a better Risk-Reward. Targeting - High at 140.400
EURCHF on the weekly chart broke the long descending channel and now is moving within an ascending one. The price tested many times the strong resistance around 1.08500 that always reject the break attempt. On the daily chart after the break of the trendline the price went for a test of the 0.618 before moving again to the resistance area. IF the price will...
EURNZD after the last impulse retraced inside a descending channel. The price hit the 0.618 fibonacci retracement and created a double bottom formation over it. IF the market will break and close above the resistance structure, and consequently breaks the channel, we will set a nice long order according to Plancton's strategy. –––– Follow the Shrimp 🦐 Keep in...
GBPJPY on the 4h chart is now testing the descending trendline of the channel. The price after testing the 0.618 Fibonacci retracements of the previous move starts a new leg up found a minor resistance at the 139.600 zone. IF the price will break and close above the structure we can set a nice long order according to Plancton's strategy. ---- Follow the Shrimp...
NASDAQ on the 4h chart after the new highs at 12650 created a bearish move. The price got pushed below a daily structure and hit exactly twice the 0.618 fib level before starting a move between the 0.5 and the 0.382. IF the price will break and close above the upper structure we will set a nice long order according to Plancton's strategy. --–– Follow the Shrimp...
EURCHF after the recent highs started a bearish move until the 1.07400 area. The market bounces exactly over the support at the 0.618 and now testing the 0.5 level. IF the price will break and close above we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
EURZAR on the 4 h chart created a double bottom over a weekly support structure at 18.05000. The price then bounced and created a nice bullish impulse. IF the market will break and close above the resistance structure we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Hopes of Brexit deal wanes again; GBPCHF sinking back towards lows as it finds a haven for selling pressure around Fr1.20300. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand | Harmonic (AB = CD) Observation: i. Since completion of Double Top pattern in late Nov. 2020, price continues to risk further decline. ...