ACCORDING TO support and resistance lines, I think price has a good trip to its resistance line as you see on the chart. We will see!
After a very nice bullrun, the price bounced on 0.5 Fibonacci level. IF the price will have a breakout from daily 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 -> Weekly structure. 🔵 Blue structure -> Daily...
the price is ranging below the daily resistance. IF the price will have a breakout upward, and retest the current resistance into new support, 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 -> Weekly structure. 🔵 Blue structure...
The price is testing the daily resistance. IF the price will have a breakout and flip the current resistance into new support, 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 -> Weekly structure. 🔵 Blue structure -> Daily...
the price is testing the daily resistance inside a descending channel. IF the price will have a breakout upward and retest the daily resistance as new support, 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 -> Weekly structure. 🔵...
According to double top reversal & main resistance with attention to low trading volume & poor divergence It is estimated that the price will drop to at least 57,500. best of luck.
after reach to a important resistance, GBPNZD will have a bearish trend.
Reasons to sell Strong resistance level at $1.90 - $2.00 currently being rejected once again with a 4th touch. Looks like there was a fake-out move around the 23rd-24th March with price breaking out of the strong resistance level previously mentioned. Weekend (saturday) and nearing end of monthly candle closure where a correction usually happens Reasons to...
As you can see we have breakout of the last low . but we have a hidden divergence on RSI and price , this mean this breakout can be a fake breakout and BTC can rise again for last time and then we could have a drop down to previous supports. ***Future is yours ***
According to my previous idea, I mentioned how EJ was going to reach the weekly/monthly resistance zone and reject to the downside long term. It is now rejecting that zone, so as a result we can see on the 4H time frame EURJPY has created a double top and has broken my trendline, trend structure, AND my zone(not referring to the gap). I'm going to allow price to...
Looks like we might’ve just confirmed the long term important $0.50 level as support on the 4H. We’ll see how it plays out, but looks like a pretty straight shot from here to $0.65 now that we’ve pulled back from $0.55. Also, looking like we’re about to close with a bullish engulfing pattern on the weekly, so could be further confirmation that good times are...
Most of the last days in marked zone silver closed higher low and bounce back in to range. The result is not the most beautiful ascending triangle but still is nice :D Mid term up trend plus this bullish pattern gives us positive RRR. Dollar DXY is for now below 92 STRONG RESISTANCE and if it stays there it will add in our trade some favour. RSI is arround 50 so...
ETHUSDT got a rejection from the Supply zone so far. IF the price retest 0.5 Fibonacci level, got liquidity, we can see a nice brekout. 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 -> Weekly structure. 🔵 Blue structure -> Daily...
rejection from strong resistance zone. buy-ers are in contol.
Stock price and indicator have hidden divergence. Price is lower high, but indicator is higher high Tips: This is forex, not a stock. But the tips should apply as well. 2013 Nov 5, price and stochastic have a hidden divergence. Stochastic is to value price momentum. Also can be treated as if stock overbought or oversold. The divergence is a hidden divergence....
Chart posted for me to monitor my progress each week as a new trader. Sell at resistance and buy at support, if any of the trades go in -20pips exit and enter the reversal, this would be -20pips on the daily to allow for some wicking. Avoid if price opens through any entry when the markets first open. All credit for chart layout and success to goes to Mario...
Hi guys, So, Bitcoin has had a green weekend and approached the $54k zone atm, which indicates a ~14% gain since the last long idea. In the last two weeks, we can see BTC touching and getting rejected at the $50k-52k zone and then successfully pumping through. Since we are hitting a considerable resistance zone at $54-56k right now, I anticipate that BTC is gonna...