I will make a multi time frame analysis to give you an idea of what the price could do next
The price is currently over extended. When price is overextended, we always could expect a retracement to happen next. The price could be getting ready to make the retracement soon.
The price is also over extended. In the weekly we can see also that the...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Take Profit: 25.80058
Stop Loss: 25.41718
Based on Weekly POI due to W formation. Retracement on the neckline of the W formation, entry on the 4H TF
All Strategies Are Good; If Managed Properly!
market is bottomed out from the last post it went up over 7k hit the necktie breaking it up and didnt make a significant lower low excellento its overbrought on all 3 major trends this market will do a strong bullish breakout this trade has the potential to be my next held
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
EURCZK is moving inside a descending channel.
The market after the last retracement tested the resistance structure and now is above a minor support.
If the price will break below, according to Plancton's strategy, we can set a nice short order.
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
On the daily timeframe we again have a nice W formation and we are expecting the completion at the neckline. On the lower timeframes market is showing rejection to resistance and a deceleration, if we get a break and close below support we will take the short on the retest.