EURJPY on the daily chart is moving inside a daily channel within a major weekly one. The price now reached the lower trendline nearby daily support at 123 level. IF the price will break and close below the support area we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly...
After our last idea on this pair (below), AUDJPY is currently testing daily support. The price is moving inside a descending channel and struggles to break the area at 74.200 IF the price will break and close below we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
GBPCAD on the daily chart is moving inside an ascending channel. The market recently broke and retested the lower trendline and soon will test again the support structure. IF the price will break and close below the daily structure we can set a nice short order according to Plancton' s strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
EURCAD on the 4h chart is moving inside an ascending channel. The price tested few times daily support and now reaches an interesting point at the cross of the support with the trendline. IF the price will break and close below the structure we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple...
EURCAD on the daily chart bounce over the weekly resistance at 1.54400 and reached the 0.382 fib level at 1.56500. Price couldn't make new recent highs and broke the ascending channel. The market tested already three times the daily support at 1.55500 and IF the price will break and close below the structure we can set a nice short order according to Plancton's...
Evening Traders, Today’s analysis – CRVBTC- price action needs to hold structural support for a trend continuation trade. Points to consider, - Trend higher lows - Key support respected - Daily S/R resistance - Oscillators equilibrium - Declining Volume CRVBTC’s trend needs to establish a higher low to keep market structure intact, allowing for a...