GBPCAD a turn at the 0.382 🦐GBPCAD on the 4h chart after the last bearish leg retraced exactly at the 0.382 Fibonacci level.
The price is now testing again the daily support at the 1.63400 level.
How can i approach this scenario?
I will wait for the break below the support and when that will happen 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
240min
AUDUSD a bearish continuation? 🦐AUDUSD on the 4h chart is currently testing a weekly support around the 0.73500 price area.
The price after the recent high at the 0.76500 started a downtrend with lower lows and lower highs that can continue if the break of support will happen.
We can notice how the market after the last bounce over the area retest the 0.382 Fibonacci level and turned again for a new test of the support area.
How can i approach this scenario?
We will wait for the EU market open and for a potential break of structure, in that case, i will check for 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
EURUSD a bounce over a support 🦐EURUSD after the long downtrend move reached the monthly support.
The price reacted to the structure and will look for a retracement move.
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.
USDCAD retrace before the new impulse? 🦐USDCAD on the 4h chart after the triple top over the support at the 1.24700 started a bullish impulse up to the 1.27500.
The market is looking now for a retracement to the 0.382 and a possible test of the lower support area.
How can i approach this scenario?
I will wait for a test of the structure and in that case, i ll check for a possible inversion around that area, when the market will shift the scenario i will look 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
USOIL back to the 90s 🦐USOIL after the recent highs created a lower high move and i can expect some more retracement to the downside.
The market after the retest of the 0.5 Fibonacci area has moved at the 0.382 level testing a support area.
How can i approach this scenario?
I will wait for the break of the structure and at the retest of if i will search 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCHF moving lower 🦐AUDCHF on the 4h chart after the recent retes of the 0.382 is looking for a lower low move.
The price after the peak couldn't create new highs and a further retracent is expected.
How can i approach this scenario?
After the triple test of the resistance area i i will wait for a possible break of the support and in that case, i will check 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
GBPJPY a move to the 0.618 🦐GBPJPY on the 4h chart reached the 0.5 Fibonacci level over a daily support providing us another great profit opportunity since our last call on this pair.
The price is now testing the support area and some retracement can to the 0.382 can happen in the next trading hours but, we can expect anyway some more retracement to the downside in the midterm.
How can i approach this scenario?
I will wait for the potential break of the 0.5 Fibonacci level and in that case i will wait for the Plancton's strategy rules to be applied 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.
NZDUSD targeting the 0.67500 now 🦐NZDUSD after our previous analysis reached the support area after a long bearish impulse.
The price touched the structure at the confluence between the trendline 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 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 back to the 90s 🦐USOIL after the recent highs created a lower high move and i can expect some more retracement to the downside.
The market has now broken the head and shoulder pattern at the top of the last retracement wave and is moving to the support at the 98 zone.
How can i approach this scenario?
I will wait for the break of the structure and at the retest of if i will search 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURGBP on a falling wedge? 🦐EURGBP on the 4h chart is trading between 2 narrowing trendline.
The price has now reached a support area at the 0.786 Fibonacci level and we can expect some retracement to the upside.
How can i approach this scenario?
I will wait for the EU market open and if the price will break above the 0.618 Fibonacci level i will look for a nice long 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.
EURCHF looking up 🦐EURCHF on the 4h chart is trading below a minor resistance area.
The price after 2 test of the area retraced over the lower descending trendline and bounced for a new test of the structure.
How can i approach this scenario?
Being Friday is quite risky to trade in the late sessions but if the market will break above the resistance area i will consider a nice long position according to the Plancton's strategy rule.
--––
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.
NZDJPY an ascending triangle 🦐NZDJPY on the 4h chart is trading between an ascending trendline and a static resistance.
The price after a few tests of the 2 areas is now trading below the resistance structure.
How can i approach this scenario?
Being the triangle. a continuation pattern i will wait for a possible break of the upper structure and in that case, i will be ready to set 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.
NZDUSD test the 0.618 🦐NZDUSD on the 4h chart after our previous analysis reached the support area at the 0.618 Fibonacci level.
The price from there bounces over the support and is now trading below a minor resistance near to the 0.5 Fibonacci area.
How can i approach this scenario?
I will wait for the EU market open and if the market will break above the structure i will be looking 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 target the 1.09500 zone 🦐EURUSD on the 4h chart has recently tested the weekly support over the lower trendline of a descending channel.
The price couldn't break below and bounce perfectly over it taking the liquidity for a retracement to the upside.
How can i approach this scenario?
We will wait for the break of the resistance structure and in that case, we 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPUSD on. a double bottom 🦐 - UPDATE -After our previous analysis GBPUSD broke above the 1st structure and is retesting the support as expected.
The price has now another minor structure above around the 1.30700 level.
How can i approach this scenario?
If the market during the EU session will break above the upper structure we 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPUSD on. a double bottom 🦐GBPUSD on the 4h chart created a double bottom over a support area.
The price bounced over the area and tested the upper trendline of a descending channel and then retrace support area once again.
How can i approach this scenario?
I will wait for a potential move to the upside and a break above the structure level, 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NAS100USD on a double top 🦐NASDAQ on the 4h chart after the recent bullish impulse create a double top below a daily resistance.
The price at this stage couldn't break above and after the double test of the structure is moving for a 2nd test of the support area.
How can we approach this scenario?
We will wait for a break of the support and if that will happen i will search for the Plancton academy rules to 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.
GBPJPY looking up 🦐 -UPDATE-GBPJPY after our previous analysis broke the confluence area and carry on the bull run to the upside.
The price has now reached a minor resistance and retested the 0.5 Fibonacci level.
How can we approach this scenario?
We will wait for a break of the structure and in that case, we 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPUSD on a double bottom 🦐GBPUSD on the 4h chart created a double bottom over a support area.
The price bounced over the area and tested the upper trendline of a descending channel and then retrace at the 0.618 Fibonacci level.
How can i approach this scenario?
I will wait for a potential move to the upside and a break above the structure at the 0.382 level, 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURGBP can move lower? 🦐EURGBP on the 4h chart is trading within an ascending channel.
The price after the test of the historical string support provided a false breakout of the 0.8300 level and retraced to the upside.
With a test of the 0.8500 weekly resistance the market moved to the descending trendline of a weekly channel and is now moving lower.
How can i approach this scenario?
I will wait for the EU market open and if the price will break below 2 support areas i will check 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 question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDUSD on an ascending channel 🦐NZDUSD on the 4h chart is trading at the top of a bullish trend inside an ascending channel.
The price after the recent impulse got rejected by the daily resistance and is now moving to the lower trendline.
I expect the price to reach the confluence zone between the weekly support and the trendline before the end of this week and i will monitor the price action around that level.
How can i approach this scenario?
If the price will carry on the retracement move I will wait for the break of the confluence zone and after that, i will check for a short opportunity and set a sell 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.
GBPCAD looking for the 0.382 🦐GBPCAD on the daily chart after a long downtrend is possibly looking for a retracement move.
The price is trading below a daily structure and a possible break above can be seen during the current week.
How can we approach this scenario?
We will wait for the London market open and the daily activity volumes to kick in,and in the case that the price will break above the daily resistance we will move on the 4h timeframe and search for a nice long order according to the Plancton 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.
EURUSD on a double bottom 🦐EURUSD on the 4h chart tested once again the weekly support at the 1.08 level.
The market bounced over it and is now trading below a daily resistance.
How can we approach this scenario?
We will wait for the break above the structure and in that case after the restest i will check 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.