Potential deep crab, sitting on the daily high making lower highs/lows. We had a big bearish candle break structure earlier this week signaling potential bearish movement/weakness. Right now price is sitting on the C point and can't go any higher, if it does the crab is invalidated, so I will watch price here carefully especially the candles, if we see a...
EURGBP on the daily chart is moving inside a descending channel. The price after the retracement move to test of the resistance at the 0.87250 level has now reached the support and according to Plancton's strategy if the market will break below we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
After moving from consecutive higher highs and higher lowers, we have a lower low and a lower high. The lower high flipped just about the 61.8% fib level, and then we see the formation of a Head and Shoulder pattern, While waiting for price to break and retest the neckline, we also expect it to gross below the 52 period SMA for us to enter into the short.
Price has been moving downward for a few days now, I set a maroon trend line and it broke through it. We are now seeing a confirmation of the move down. This would bring in about 34 pips for a sell.
Hello traders and investors! Let’s see how the SPX is doing today! Yes, we have a systemic crash in the US, but we’ve seen worse. This crash seems to be related to US tech stocks and China only, as European markets are still quite resilient, especially FTSE (UK) and DAX (GER), which are leaving huge shadows under today’s candlesticks. As we discussed in my...
Hello, Traders! I expect a short term continuation of this downtrend. If we take the current movement to the downside into account we can see that it's pretty weak and that a flag consolidation is being formed. On the daily time frame the 200 MA indicator might act as a support. It is better to watch this pair closely as it could soon move up again. What do you...
Bank nifty is in downtrend but there is really good support of trendline which can lead to good bullish movement in market tomorrow. But we should not go long until the previous lower high is broken.
Hello everyone, rouzwelt here Well I have demonstrated Wyckoff Backup Action Events in my last idea as you can see in the screenshot below (full article link at botttom of page), and as of right now we have seen clear rejection from our resistant line at 32300 (PS) , and price action is showing that it's weak and can dump more. and the projection I have shown in...
Sessional tendency is bearish in Jun . Now price break previous low Waiting for price go to supply. Kill zone is important
NZDCHF on the 4h chart reached the weekly support level. The price is moving inside a descending channel and is possibly looking for a lower low. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
$WBA was on a nice upward trend. Today after $AMZN announces opening up pharmacy's $WBA breaks its upward trendline and maybe headed to lower support line
SP500 after the recent low retraced to the upside until the 0.618 Fibonacci level. According to Plancton's strategy if the conditions will be satisfied we can set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure...
Possible HOLD now. Unusual options activity today. Needs to clear that top trendline and get some volume behind it.
Trending down, hitting resitance and going for a dip. How low can it go 160 or 150? with rising costs in material/inflation eating up the gains!!!
Hello traders and investors! Let’s see how NIO is doing today! The stock has been doing very technical movements lately! • A QUICK MESSAGE: Next Monday, I invite you to join me in our next stream! One hour before the market closes (3 p.m. NY time). Check this link: www.tradingview.com NIO defeated the Dual-Resistance level we discussed in our last analysis, as...
EURCAD is moving inside a descending channel. The market after the test of the trendline is now approaching the support area and according to Plancton's strategy is the market will break below we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
SILVER after the test of the 25.6 area broke the minor channel and is turning into a bearish scenario. The market is now testing a daily support and according to Plancton' strategy if the price will break below we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
AUDNZD after the attempt to break the daily support started a minor impulse until the daily resistance at the 0.76740 area. The market broke the minor ascending channel and according to Plancton's strategy if the price will move below the resistance we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...