Drop a like if you enjoy :) All explanations on the chart. This is an investment not a trade. Don't expect VET to pull 100% in the next 2 days. I am slowly building a long term bag at these prices
EURCHF on the daily chart broke below the weekly support and cut the ema for short. On the 4h chart the price bounced over the lower trendline of the descending minor channel and now look for the retest of the weekly structure at the 0.618 fib retracement of the previous move. If the market when hit the structure, will give us sign of inversion and break below, we...
USDCHF on the daily chart after the last bullish impulse retraced until the 0.618 over a 4h support. The price turns on the 0.5 fib level Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please...
EURGBP on the monthly chart is close to a very important level around 0.92300. On the weekly chart, we can see how price after the nice impulse bullish candle retraced back until the weekly support at 0.90500. ON the daily chart, price hit perfectly the 0.618 fib level at the end of the retracement move over a daily structure. IF the price during next week will...
USDJPY had a 0.618 pullback short yesterday and worked perfectly well, here we got this EURUSD 4hr shooting star, which is basically the same as the USDJPY trade. That's the logic: as a trader that using 0.618 as a way to get perspective, no doubt I'll be interested in both trades! Let's see how it goes yo!
Next update for UniSwap. I did Elliott Wave count and i still miss one last wave to the downside. Previous low was established on 22 September. This provide us a good opportunity to buy / long in the end of 5th Elliott impulse wave. This descending trend respects the blue channel also very nicely. 0.618 fib is the level, where smart money buying crypto. If you...
USDNZD on the daily chart created a head and shoulder over a monthly trendline. The price on the 4h chart after the last impulse retraced till the 0.618 fib level in a descending channel. IF the price now will break and close above the resistance area we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣...
GBPJPY on the daily chart is moving inside a weekly ascending channel. The market hit the lower trendline around the 134 area and start an uprising leg. The price hit a weekly resistance at 137.800 area and retraced back till the 0.618 fib retracement. IF the market will break and close above the 136.650 area we can set a nice long order according to Plancton's...
CHFJPY price made a strong bearish move rejecting a Key zone around Y116.000 to propose a possible ABCD pattern in the future. Tendency: Downtrend ( Bearish ) Structure: Retracement | Supply & Demand | Harmonic (AB = CD expectations) Observation: i. Inability of Price to break above Y117.500 in Aug & Sep 2020 has led to a Reversal pattern...
Since the price moved 250pips in our direction since my last publication on this pair; the USD/CAD gained downside momentum and is trying to settle below my Key zone at CAD1.3200. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand | Harmonic (AB = CD expectations) Observation: i. Breakdown of CAD1.32500 zone on the...
My outlook on Gold, is it's overall bearish. As you can see price had a major push to the upside and created a High. Now I believe price is making an attempt to retrace and test the "previous high". This previous high also lines up with the 61.8 Fibonacci level and is also near my demand zone. From the chart you can see price formed a descending triangle, and...
USDCHF reached a strong 4H structure resistance. the price formed a sequence of dodji candle on that. on 1H the price has been coiling within a narrow consolidation trading range for many hours and just recently broke and closed below its support. I took short trade on a retest. goals: 0.913 0.9118
USDCHF on the daily chart hit and got rejected by a weekly resistance around the 0.93 level. The price retraced in a descending channel till exactly the 0.618 of the previous bullish leg. If the market will manage to break and close above the daily structure we can set a nice long order according to Plancton stratgy ––––– Follow the Shrimp 🦐 Keep in mind. 🟣...
EURNZD on the 4chart retraced back till the 0.618 fib level of the previous bullish leg. Market is currently testing the minor resistance at the top of the minor descending channel or bull flag. If the market will break and close above it we can set a nice long order according to Plancton's strategy for the new impulse. ––––– Follow the Shrimp 🦐 Keep in mind. •...
EURUSD on the monthly chart (upper one) respected the descending monthly trendline. The price has been rejected again at 0.618 fib level. On the weekly chart, we can notice that after consolidation at the trendline price fall till weekly support. Daily chart clearly let us see that price fall and retraced back over the weekly support till the descending...
With over 7,500pips in our direction since my last publication (see link below for reference purposes), Gold’s standing as a safe-haven became more questionable on Friday as price dipped despite President Donald Trump testing positive for the coronavirus. This development further hypes a risk for a decline in the following week(s). The expectation of a harmonic...
It is over 60pips in the opposite direction of my last speculation (see link below for reference purposes) as the price rejects my previous Demand level hereby increasing the further risk of a decline. The US Dollar came under pressure in the late Asian session on Friday and dropped below Y105.000; even though there was a mild rejection of this level, it is not...
It is over 150pips in our direction since my last publication on this pair (see link below for reference purposes); The “risk-off” situation going on globally appears to favor the US dollar as the Euro rejected the Demand zone and fell during the trading session on Friday to close below $1.17500 (making this level a Supply zone as Selling pressure increases from...