H4 : As expected and mentioned in my previous analysis (W1) published early this morning, a corrective and healthy downside move took place and reached an intraday low, so far at 59350, close to the 38.2% Fibonacci Retracement @ 59194 ! Last H4 closing candle triggered a doji pattern which is showing some uncertainty about the upcoming hours. In addition, you can...
CAD/JPY has been in an uptrend since the beginning of the year, respecting the blue trend line . Since the beginning of the month the price has been following the green channel within the Blue Trend line . The price has rejected a key resistance area and i expect a correction of the price to happen reaching the bottom green trend line . This is shown by...
Hello tradingview army I'm back with another post , I hope everyone is doing good and taking care of themselves Today we are going to analyse the structure of Minda Industries a large cap stock from auto tech sector .In above chart we can see that this stock is trading in downward sloping channel from past 1 month, making structure of lower high and higher low...
Im looking for more deep retracement for USD Index, before continue buying the USD. Formation flag chart pattern will confirm the USD to continue in UPTREND movement
I still look for buy confirmation around 1717 USD and stop loss price area 1697 USD, my target is the upper trend line around 1751 USD, but be careful at 1740 USD for the resistance that can maybe bounce back the price
Technical analysis regarding the price of DENT in relation of dollar Tether for the next scenarios, based on 4 hour movement. The price is moving upwards, with strong movements, and is correcting after this sharp rise. The maximum price of this cryptocurrency was $ .099 in 2018. It turns out that this crypto is awakening a new potential return for investors, is...
After a correction, the price had a breakout from weekly resistance, and the price is creating an ascending channel. IF the price will have a breakout from the current resistance, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
The application of the Fibonacci Retracement tool produces a remarkable observation which is also an indication that the uptrend is still valid. What is observed is the inability of a downward break of the price level FR 61.8 at the price of 1.3830. In case of a buy order this could be a good Stop Loss level. The fact that the exchange rate is very close to the...
Can sushi achieve these level? lets see....
Fibonacci retracement being tested almost perfectly (blue circles) Probability of outcome: Dark Green > Light Green > Light Red > Dark Red Level 1900 being tested right now as resistance: - If price closes above, we can expect testing both 2000 as resistance and 1900 as support, with the possibility of testing 1800 in the support trend line (where the dark...
WEEKLY Price beginning to retrace after forming an A-B impulse move. Weekly inside bar from March 1st has been broken indicating likely further downside continuation DAILY Price retracing after reaching the 1.272% fibonacci extension creating an broadening wedge, price hit the lower boarder and retraced to the 32.8% fibonnaci level before finally breaking and...
SP500 after the long bull run until the recent all time highs retraced between the 0.382 and the 0.5 Fibonacci levels. The market from there started a new impulse and now is close to the previous highs. According to Plancton' s strategy if the market will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
Options movement indicates Mar19th $5+ target, but if trend from previous run up holds, we could see it closer to Apr 16th Keep an eye on MACD and RSI the next couple of trading days
Yesterday, I published a bullish trade idea on gold. It was a nice setup with fib, MA, momentum, demand zone, you name it... But it ended up with failure. The zone got violated in the middle of day(Beijing time). I observed the US 10Y yield started to go up again with a intra day rally of over 3%. Hang Seng index fell with Nasdaq. That also weighed on gold and...
Here we see our FET BTC weekly chart from Binance . You can see our colorful fib levels on the right side of the chart - and our possible price targets have check marks next to them . FET just had an AMA talk earlier today in their chat group and their chart looks great - now sitting over 900 sats . I predicted we would be hitting this area and that our next stop...
BUY BTCUSD in channel or trendline, stop loss below 54900 usd , and Take profit around 59000 usd
Bearish Crab Harmonic Pattern has been formed. It’s time to sell this pair. CADJPY - SHORT ENTRY PRICE - 86.920 SL - 87.100 TP1 - 86.480 TP2 - 86.210 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never...
EURNZD is moving below a weekly resistance. The market after the last impulse retraced at the 0.5 Fibonacci level over a minor support with a spike that touches exactly our beloved 0.618. 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...