GBPCHF on the daily chart is moving inside a daily descending channel.
The price after the test of the 1.25500 area dropped exactly at the monthly support and from there retraced perfectly at the 0.618 Fibonacci level creating a double top over it.
How can we approach this scenario?
Currently, the market is testing once again the support area and if the pair...
Evening Traders,
Today’s analysis – KDAUSDT- trading in an established uptrend with strong momentum,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Price Action Ranges
- Volume Influxes
KDAUSDT’s immediate price action is trading with a bullish structure with string expansions, allowing for a bullish bias.
The Daily S/R support...
AUDCHF on the daily chart has retested the descending channel trendline.
The market after the attempt to break below the weekly support retraced to the 0.618 Fibonacci level and now is trading over a support area.
According to Plancton's strategy if the Academy rules will be satisfied we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣...
Hi Traders >> Now I Show You EUR-USD Direction
1- We Have Break Out For Down Trend So >> We Can See Some Up
2- We Have Break Out For 23.6 Fibonacci So >> We Will Go To 38.2 Fibonacci
3- The Pair Try To Make New Trend So >> We Can Trade On This Trend
