Daily charts represent series of data points where each data point is comprised of the price movement for a single day of trading. This chart type has been used for a long time by traders and typically applicable for swing or position trading.
All signs are pointing to correction time. But, until the acceleration channel is broken, we party on! I have marked my thoughts on the chart. Good luck!
I decided to re-upload another cleaner chart of Alpha. I have also included a time Fibonacci and trend angle slope for a greater confluence. If we break the lower line of the base channel; the chart is void! Good Luck!
After further T.A, the chart is showing me UNFI/USDT has entered the 5th wave channel. Targets are Fibonacci zones - I have also included Fibonacci time probability! Good Luck!
Morning everybody,
As some pullback is started we have the first fruit, which is DiNapoli B&B "Buy" setup on daily chart. Its minimum target stands around 53.23K area, entry inside of 45-49K range. I suggests that intraday 48-49K area looks most suitable for that. The optimal stop is below the lows, but if it is too much - it is possible to hide it either below...
EURUSD after the recent highs starts a retracement move within a descending channel.
The market after two attempts of breaking below the weekly support at the 1.20800 level is back above.
If the market during next wee will break above we will set a nice order according to Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure ->...
Uber has 39.1 Million in the flows. EW points towards the upside as well. im looking into contracts at the end of March or April. Calls above 63.96. Set your alerts son you dont miss out and wait for confirmation. GL
Bearish Target $1600 golden retrace on the monthly if the bearish divergence on the daily stacks into monthly divergence also would be strong momentum back to downside. The entire run up we created little to no support. Sentiment most bullish of time. People think BTC only goes up. 3700 bottom in March 2020 was never remotely tested
PLATINUM on the daily chart is consolidating below the 1130 resistance structure.
The price is creating an ascending triangle between the ascending trendline and the resistance.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red...
Greetings everybody,
Here is just minor update as BTC is coming to the 50K target. Now it is definitely not a good moment for the new long position, as market is overbought and stands near desirable level. Important news from Tesla and Morgan Stanley are priced-in mostly and the only setup that we could try is downside retracement. In general, from the...
Morning folks,
It is nothing to say about short-term picture, because, as you could see by yourself, BTC is just creeping higher without any particular patterns or something. The scale of the motion so wide that it makes no sense to look at intraday charts. The major question is when finally market takes the breath.
Previously we already have shown you strong...
CADCHF after our last analysis broke above the weekly resistance.
If the market during next week will retest the weekly support over the 0.382 Fibonacci level we will set a nice long order according to Plancton's strategy
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure...
I used PVSRA to spot the accumulation (see the colored candles) with notable volume that you can see at the volume bar.
I see a great chance for this stock to go up until the next earnings announcement.
It is going long the trend line very well on the weekly chart too.
NUS (weekly)
EP = 48.84
ATR = 4.66
1.5ATR = 6.99
SL = 41.85
TP1 = 53.5
TP2 = 58.16
EURUSD on the daily chart is moving inside a descending channel.
The market has now reached the upper trendline and 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.
🔵 Blue structure -> Daily...
CHFJPY on the daily chart is moving inside a range between 2 main structures, below a stronger weekly resistance.
The market after the last impulse attempts to break above and retraced until the 0.5 Fibonacci level.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣...
