GBPJPY after our last analysis broke below the weekly support and is moving as expected (check the analysis) to the support area at the 149 level. The price provided us a perfect turn at the enlightened 0.618 Fibonacci level, confluence point with the descending trendline. According to Plancton strategy, we can carry on to ride the trade with good profit....
Hello traders, $BTC update: 1) haven't retested the downtrend from ATH's. 2) possible head & shoulder's. 3) chasing green candles never ends well. 4) lower highs until proven otherwise. 5) 0.618 fibonacci (golden pocket) untapped. 6) bulls euphoric over a $2000+ pump. 7) rising wedge broke down. See you on Monday, stay safe. 👍
CADJPY on the 4h chart has retraced to 0.618 Fibonacci level. The market is moving in a counter channel and has recently bounced over the lower trendline. According to Plancton's strategy if the price will break and retest the support area we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
The gold plunged to a 14-month low at as the market opened last week. It quickly made a sharp rebound and continued to climb through the rest of the week, showing a build up in the buying momentum. As of current, the gold may face some resistance at the FR618 level, and slightly higher will be the breakout level at 1795. This week, we expect the market to shed...
We had a 100pips move in our direction since my last publication (see link below for reference purposes) and with the current structure in the market, it appears we are back on the track of a rally continuation which I projected on the 11th of July 2021 (see speculation in the link below). With the anticipation of the Swiss Producer and Import price later on in...
USDCHF on the daily chart creates a nice impulse after the test of the 0.618 Fibonacci level. The price is now trading below a descending trendline near to a weekly resistance. According to Plancton's strategy, if the market will break above and satisfy our academy rules, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...
USDCHF on the weekly chart found a bottom over the important support structure. The market from there started a nice impulse to the upside. On the 4h chart the price broke the retracement channel and tested the 0.618 Fibonacci level. Now we can expect a continuation to the upside and according to Plancton's strategy if the price will satisfy the conditions we...
AUDUSD on the 4h chart has recently break the bear flag, The price after the test of the 0.618 Fibonacci level is breaking below the weekly support. According to Plancton's strategy if the market will satisfy the Academy condition we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
Bitcoin has turned out just the way we have forecasted, pulling back at first and eventually forming another bullish wave. It has even broken above key resistance level at 42000 over the weekend and will certainly invite more buyers at this point. However, Bitcoin is about to face the real challenge, the key supply zone around the price of 50000. Although we've...
WTI gained a little at first and fell through the week by more than 6 USD. This is due to a surprise increase in the US oil inventories, showing that the delta variant might have a huge impact in curbing the demand for oil. At the same time, the OPEC+ has also agreed to increase the oil supply to keep oil prices from going higher. Nevertheless, as most...
EURNZD on the 4hchart is moving between an ascending trendline and a minor resistance. The price created higher highs and consolidates below the structure. On the last impulse, the market created a nice retracement exactly at our beloved 0618 and, according to Plancton's strategy if the price will break above the resistance and will satisfy the Academy...
Bitcoin made a comeback with a lot of firepower behind as it climbed for 10 consecutive days, rising from 30000 low to 42000 high. This is certainly not just a major pullback from the recent bearish trend but potentially the new bullish trend. However, for the price to pullback beyond 40000 is totally within expectation as the key supply zone is still a little...
USDCAD after our previous analysis started a retracement move exactly at the 0.618 Fibonacci level. The price consolidates now below a structure and 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 structure. 🔵...
DOW on the daily chart after the recent retracement at the 0.618 started a new strong bullish impulse. The price is now trading below a resistance structure at the all-time highs. According to Plancron'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. • 🔴...
USOIL after our last week's amazing profit started a string retracement move. The market tested the upper trendline of a descending channel exactly at the 0.618 Fibonacci level According to Plancton's strategy, if the price will break below the support structure, we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
With over 300pips in our kitty as predicted in my last publication (see link below for reference purposes); the Price is back at around $1.38ish - a level I advised that we add sell position ( see previous publication). The successful Breakdown of Key levels on the 18th of July 2021 emphasizes a risk of further decline in price for the Pound in the coming...
If we bearishly reverse here and make yet another lower high we could see Bitcoin break below $28,000 and go all the way down to the daily support levels of $24,000 and $19,000
USOIL after the recent high has started a retracement move. The market is now testing the 0.618 Fibonacci level over an important structure and according to Plancton's strategy if the price will break below the minor support area we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...