GBPUSD on the daily chart is trading at the recent lows and tested the monthly support at the 1.21600. The price after the last bearish impulse might carry on with the retracement to the upside and break the resistance at the 0.382 Fibonacci level How can i approach this scenario? The market tested the 1.2500 area and is now trading below a minor resistance. I...
GBPJPY on the 4h chart after the last retracement reached the 0.5 Fibonacci level over a daily support. The price can now look for a lower low to the downside below the support structure. How can i approach this scenario? I will wait for the possible break of the support level and at that stage, i will look for a possible entry point to set a nice short order...
The Price got a rejection from the 0.786 Fibonacci level and created a double top on 2.67$ On the 4h timeframe, the price is testing the previous low on 2.36$ How to approach? IF the price is going to lose the support and create a new lower low, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly...
The price got a rejection from the 0.618 Fibonacci level on the 4h timeframe and created a triple top on it. Now the market is creating equal lows on 0.51$ and we can find a demand zone on the daily support on 0.40$ How to approach it? IF the price is going to grab new liquidity from 0.40$ we could see a reversal movement like my arrow, According to Plancton's...
GOLD on the 4h chart tested perfectly the weekly trendline and the support structure at the 1800 area. The price is now trading below a descending trendline and we can expect some bullish moves. How can we approach this scenario? I will check for a potential break of the minor resistance at the 1830 and in that case I will consider a nice long order according to...
USDCHF on the 4h chart is trading at the recent highs. The price is in a bull trend and creates a possible short opportunity below a monthly resistance. After the head and shoulders neckline break the price in fact is approaching a minor support area. How can I approach this scenario? I will wait for the EU market open and check for a possible break below the...
The price bounced from 1000$ after UST disaster. Maker Dao bounds with DAI stable coin. the price got a rejection from 1700$ where the market created the daily resistance and supply zone. The price got the new liquidity to create a new bearish impulse How to approach? ID the price is coming to lose the support on 1440$ and retest as new resistance, According to...
The price is testing the supply zone on 178$ where the market created an important daily resistance on the 0.5 Fibonacci level. On the 4h Timeframe the price created the W pattern and we can find the neckline on 150$. How approach it? If the price is going to lose the support on 160$, According to Plancton's strategy , we can set a nice order ––––– Keep in...
The price is creating a pennant on the 4h timeframe. The market is creating higher low higher high, it means that the we are in consolidation phase. Usually Pennant is a continuation pattern. How to approach it? We are monitoring the 19.5 support where the price created a equal lows. so if the price is going to have a breakout and retest this support as new...
SPX500USD on the 4h chart is trading above a support area . The price after a recent test of the 0.5 Fibonacci area seems to have the strength to close the trading week below the 4000 zone. How can i approach this scenario? I will wait for a potential break of the support structure and in that case, i will search for a nice short order according to Plancton's...
GBPUSD on the daily chart is trading at the recent lows and tested the monthly support at the 1.21600. The price after the last bearish impulse might carry on with the retracement to the upside and break the resistance at the 0.382 Fibonacci level How can i approach this scenario? The market tested the 1.2500 area and is now trading below a minor resistance. I...
The price is testing the daily resistance on 9.50 after a big bearish impulse, and the market is creating higher low below the daily resistance. How to approach it? The price needs to create a bullish impulse and breakout. IF the price is going to flip it, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure ->...
The price is creating a pennant between daily and weekly support after a big bearish impulse. the price is testing a key level on the 6.5$ How to approach? We could see a new false breakout from the pennant. The price could grab new liquidity and retest the 5.5$ and create a double bottom. According to Plancton's strategy , we can set a nice order ––––– Keep in...
The price is creating a triangle below the 4h resistance where the market created a supply zone. If you look on the left you can see how the price got rejections from that area. How to approach it? IF the price is going to get new liquidity with a false breakout and get a new rejection, According to Plancton's strategy , we can set a nice order ––––– Keep in...
The price is creating a falling wedge on the daily timeframe after the breakdown from the monthly support on the 0.12$ On the 4h timeframe the price bounced on the dynamic support How to approach it? The price needs to create new bullish impulse with momentum and volumes. IF the price is going to recover the monthly support as new resistance According to...
GOLD after our previous analysis moved as expected and tested perfectly weekly trendline and the support structure. The price is now trading below a descending trendline and we can expect some bullish moves. How can we approach this scenario? I will check for a potential break of the minor resistance at the 1830 and in that case I will consider a nice long order...
NZDUSD on the 4h chart reached the monthly support area after a long bearish impulse. The price tested the structure and bounced over it, starting a retracement to the upside. How can i approach this scenario? I will wait for the EU market open and the potential break of the minor structure area, in that case, i will search for a nice long entry according to the...
The price tested the 0.618 Fibonacci level on 57 $ and now the market is trying to hold the support on 53$. The price is inside an ascending channel. How we can approach? IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly...