SPX500 dropping below 4k? 🦐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 strategy rules.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
240min
GBPCAD on a double bottom retracement 🦐GBPCAD on the 4h chart reached as expected the daily support at the 1.58 area.
The price tested the area 3 times creating double / triple bottom over the support and can now look for some short time retracement to upside even though the main trend remains bearish on the weekly timeframe.
How can i approach this scenario?
I will wait for the London market open and check for a possible move to the upside.
If the price will then break above the descending trendline i will look for a nice long order according to the Plancton's Academy rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPJPY on a short move 🦐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 according to the Plancton's strategy rules.
-----
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XAUUSD looking for the 1880? 🦐GOLD on the 4h chart after our previous analysis reached as expected the 1850 area.
The market moved a 2% in our favor and is now approaching a minor resistance area and we can expect some bullish moves.
How can we approach this scenario?
I will check for a potential break of the 1860 level and in that case I will consider a new long order according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GBPUSD can move to the 1.28? 🦐GBPUSD on the 4h chart is trading near to the recent lows and tested the monthly support at the 1.22 area.
The price after the last bearish impulse might carry on with the retracement to the upside and break the resistance at the 1.26 level
How can i approach this scenario?
The market tested the 1.2600 area and is now trading below a minor resistance.
I will look for a break of the structure and a possible test of the upper weekly resistance for a test of the 1.28 area.
------
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TSLA - time to buy? Not yet.. careful with sells however, we have met a MM. I have some buy entries lower, but that is risky. Reasons to buy on the chart will be a breach of 700 and midline of the current down channel, but be ready to get out at other side of channel in case we go lower. A break out of the down channel top and consolidation or 2 failed attempts to go lower again will be the classic buy set up with targets noted above. A breach below will put my next value area in the mid 500s to look for the run up. This one is way more volatile than AAPL etc, so be careful with it and trade smaller lot size (is my suggestion).
GBPUSD a move to the 1.28? 🦐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 will look for a break of the structure and a possible test of the upper 0.618 Fibonacci level.
------
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XAUUSD looking for the 1850? 🦐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 the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
USDJPY a short reversal at the 0.618 🦐USDJPY on the 4h timeframe reached after the recent highs started a descending move.
The market, after an attempt to break the support area, retraced back above and perfectly tested the 0.618 Fibonacci level.
How can we approach this scenario?
We will wait for a break of the support area and in that case we will search for a possible short order entry according to the Plancton's academy rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
XAUUSD looking for the 1850 and above? 🦐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 according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GBPUSD can test the 1.2500 🦐GBPUSD on the 4h chart is trading at the recent lows.
The price after the last bearish impulse might look for some retracement to the upside.
How can i approach this scenario?
The market tested the 1.2300 area and is now trading below a minor resistance in a descending channel.
I will look for a break of the structure and a possible test of the upper confluence zone.
------
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURGBP adding longs? 🦐EURGBP after our last call might provide some adding longs opportunity.
The price in fact reached the 0.84400 area and got rejected by a minor resistance but overall the 0.85 target remain possible.
How can i approach this scenario?
I will wait for the London market open and in case the market will break above the resistance area i will set another long order according to the Plancton's strategy rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XAUUSD looking for a deeper retracement? 🦐GOLD on the 4h chart is providing us a deeper retracement outlook.
The price after the recent test of the weekly resistance is testing the 0.618. Fibonacci level above a dynamic support.
How can i approach this scenario?
I will wait for the European market open and check for a possible break of the trendline.
In that case, i will look for a nice short order according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUDJPY back to to the 90s? 🦐AUDJPY on the 4h chart is trading above a 4h support.
The price after the bullish impulse never provided us a retracement and tested after the recent high the 0.618 Fibonacci level.
How can i approach this scenario?
I will wait for the London market open and check for a possible break below the support area.
In that case i will look for the application of Plancton's strategy and 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 -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USDCAD looking for a new recent highs 🦐USDCAD on the daily chart is moving into a descending channel.
The price is now testing a confluence area between a daily resistance and the dynamic resistance and we can expect a test of the 1.30 area if the market will have enough strength to break above.
How can i approach this scenario?
I will wait for a break of the structure and in that case, i ll check for a possible continuation for a long entry point according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
USDCHF can take a break? 🦐USDCHF on the 4h chart is trading at the recent highs.
The price is in a bull trend and creates a possible double top below a monthly resistance.
How can I approach this scenario?
I will wait for the EU market open and check for a possible break below the support area.
In that case, i will look for the Plancton's strategy to be satisfied and 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 -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPUSD for a lower low ? 🦐GBPUSD on the 4h chart has is close to these the recent lows.
The price after a minor bounce at the 0.5 Fibonacci levels turning back to to possibly test the 1.24 area.
How can i approach this scenario?
I will wait for the potential break and close below the support and in that case i will set a nice short order according to the Plancton's strategy rules.
------
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURUSD on a retracement move 🦐EURUSD after the long downtrend move reached the monthly support at the 1.05 level.
The price tested a few times the structure and will look for a retracement move to the upside.
How can i approach this scenario?
After a false breakout the market tested the 0.787 and the 0.886 Fibonacci level and is now trading below a minor resistance.
I will wait for the break above the 4h resistance and in that case, i will look for a nice long order according to the Plancton's strategy rules.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURUSD on a retracement move 🦐EURUSD after the long downtrend move reached the monthly support at the 1.05 level.
The price tested twice to the structure and will look for a retracement move to the upside.
How can i approach this scenario?
I will wait for the break above the 4h resistance and in that case, i will look for a nice long order according to the Plancton's strategy rules.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USOIL ready for the110 🦐USOIL on the 4h chart is testing a minor resistance level at the 106 area.
The price after the recent low started a higher high higher low move with the last retracement over the 0.618 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and if that happens i will look for a nice buy order according to the Plancton's strategy rules.
-––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPCHF a turn at the 0.618 🦐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 perfect confluence point between the trendline, resistance and a Fibonacci area.
How can we approach this scenario?
Currently, the market is testing once again the support area and if the pair will break below we will move on the 4h chart to search an entry point according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XAUUSD looking for the 1850? 🦐GOLD on the 4h chart is providing us a deeper retracement outlook.
The price after the recent test of the weekly resistance is testing the 786. Fibonacci level above a dynamic support.
How can i approach this scenario?
I will wait for the European market open and check for a possible break of the trendline.
In that case, i will look for a nice short order according to the Plancton's strategy rules.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any questions.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
EURJPY can move further low? 🦐EURJPY on the 4h chart has tested the 0.618 Fibonacci after the recent highs.
The price is now testing the lower structure over the 0.382 level.
How can we approach this scenario?
We will wait for the market to break below the area and In that case I will set a nice short order according to the Plancton's academy rules
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.