GOLD can restart the bull trend? 🦐GOLD after the recent drop reached the weekly support over a previous resistance òlevel.
The price couldn't break below and some green candles starts to appear over the structure.
How can we approach this scenario?
I will check for a potential break of the minor resistance at the 1930 and in that case I wll 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
240min
EURUSD can move lower? 🦐EURUSD on the 4h chart tested the weekly resistance after the recent low.
The price seems to lose momentum and I can expect a new bearish leg if the pair will confirm his weakness during the eu market session.
How can we approach this scenario?
I will wait for the break below the confluence zone between the ascending trendline and the support area and if the condition will be satisfied we 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.
Silver can move higher 🦐SILVER after the recent drop reached the weekly support over a previous resistance olevel.
The price couldn't break below and i can see a false break out where the bulls took the liquidity and hut the bears stops.
How can we approach this scenario?
On the weekly chart instead the price still seems to need more retracement but If the market will break the previous neckline of the h&s pattern 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
GOLD on a h&s pattern? 🦐GOLD after the recent highs retraced over an ascending trendline.
The price couldn't break below the ascending trendline and close the candle above the support area with a false breakout during the last trading day of the week.
I can notice how the resistance structure at the 0.382 Fibonacci level rejected the price making me spot a potential h&s pattern with the current asian open that seems to confirm this outlook.
How can we approach this scenario?
I will check for a potential break of the confluence zone that means both of the trendline and the neckline and in that case I wll consider 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
AUDUSD can continue lower? 🦐AUDUSD on the 4h chart after the recent start a retracement move until the 0.71700 area.
At the beginning of the downtrend, I can see an attempt of the price to break the resistance level at the 0.73600 over the 0.618 Fibonacci level, with the following bear pressure coming in that pushes lower the price with a consequent break of the bear flag and the daily ascending trendline.
How can we approach this scenario?
Now the market is close by a minor support and after a large. number of red candle i can expect some retracement to the upside brofre a break below.
We will wait for the European market open and check if the price will break below the support area , in that case i ll check for a possible short 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
EURGBP looking up? 🦐EURGBP on the daily chart after the perfect test of the monthly support sharply inverted the trend and is now breaking the descending trendline.
I can see the price testing the daily resistance and possibly breaking above.
How can we approach this scenario?
Being Friday might be risky to open a position in the US session but i will monitor the market to check a possible break above the 0.84250 area.
In that case i will move on the 4h timeframe to check for a potential 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.
NAS100USD will move lower? 🦐NASDAQ on the 4h chart after the retest of the 13780 resistance close the week above the weekly trendline.
The price at this stage couldn't break below and after the double test of the 0.5 fib level is now trading above a minor support.
How can we approach this scenario?
We will wait for a break of the support and the US market open 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.
AUDUSD a turn at the 0.618 🦐AUDUSD on the 4h chart after the recent high moved lower.
I can see an attempt of the price to break the resistance level at the 0.73800 with the following bear pressure coming in that pushes the price at the 0.618 Fibonacci level.
How can we approach this scenario?
We will wait for the market open and check if the price will break above the resistance area, in that case i ll check for a possible long 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
SPX500USD dropping to the previous low 🦐SP500 on the 4h chart can provide us a short opportunity during the beginning of the trading week.
The price creates a perfect retracement to the 0.618 Fibonacci level and is now testing a daily confluence area.
How can we approach this scenario?
We will wait for the European market open and look for a possible break of the support zone.
In that case, I will search for the application of Plancton's strategy 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.
USOIL confirm the uptrend 🦐USOIL on the 4h chart is in a strong bullish trend.
The price after the break above the daily resistance confirms the continuation, retests the structure, and now is testing a minor resistance.
How can we approach this scenario?
The current European-Russian situation put the energy markets under high pressure and increased volatility.
We will check if the price will break above the structure and in that case, we will set 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.
GOLD a new long opportunity above 2000 🦐After our previous profit, we are now looking for a new opportunity on XAUUSD.
The price is consolidating below the 2000 lòevel in an ascending triangle which is a continuation pattern that still needs to be confirmed on the technical side.
The fundamental situation with the increasing tension between the nato countries and Russia pushes the commodities prices higher and we remain bullish on on Gold.
How can we approach this scenario?
We will wait for a break above the resistance structure and in that case we will start to look for an entry point according to the Plancton academy rules for a nice risk reward trade.
--––
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
EURUSD can move lower? 🦐EURUSD on the daily chart turned with a double top at the 0.618 Fibonacci level.
The price after the first attempt to break below retests the weekly support area at the 1.12 level retests the resistance and created a bullish impulse that ends with a lower low..
How can we approach this scenario?
We will wait for a retest of the daily support and in that case, we will move to the 4h chart.
If the condition will be satisfied we 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.
EURCHF can break the 1 to 1 key level? 🦐EURCHF on the 4h chart moved lower near to the key level of 1 to 1.
The price due to the uncertain Euro stability dropped sharply since the beginning of the tension on the Ukrainian war.
From a technical perspective, i could expect some retracement to the upside at the beginning of the week and i will wait for it before considering a new short position.
How can i approach this scenario?
If the price ill retrace to one of our key levels i'll wait for the inversion. In that case, i will search for the application of Plancton's strategy 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
GOLD is ready for the break? 🦐GOLD on the 4h chart is testing a resistance level at the 1910 area below a weekly resistance.
The price after the spike at the 1970 level close the last week's candle below the structure and we can expect some bullish continuation due to the uncertain economic situation.
How can we approach this scenario?
Currently, we can notice an accumulation below the interested area and the bull pressure on the weekly resistance can further increase during this week.
If the break will happen we will monitor the price and consider a long order if our Academy rules will be satisfied.
--––
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 daily chart is moving inside a descending channel.
The price is now testing the lower trendline near to a weekly support (red).
How can we approach this scenario?
We will wait for the market to break below the monthly support and in that case, we will move on the 4h timeframe to check if the price will retest the area.
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.
SP500 a short term outlook 🦐SP500 on the 4h chart tested perfectly the weekly resistance creating a recent low.
We can see how volumes of bulls kicked in at the price and the market started to move higher again.
Currently, the market reached the 4400 level and starts to bounce between the resistance level and the 0.382 Fibonacci support.
How can we approach this scenario?
We will wait for a break above the resistance area, after that we will search for a nice long entry point 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.
NAS100USD will move lower? 🦐NASDAQ on the 4h chart after the Fridays retracement to the upside open the Asian session with a move to the 4h support.
The price at this stage couldn't break below and after the test of the 0.5 fib level we can expect another bearish move.
How can we approach this scenario?
We will wait for a break of the support and the US market open and if that will happen i will search for the Plancton academy rules to set a nice short otder.
–––––
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.
GOLD can move higher? 🦐GOLD on the 4h chart is testing a resistance level at the 1910 area below a weekly resistance.
The price after the spike at the 1970 level close the week below the structure and we can expect some bullish continuation due to the uncertain economic situation.
How can we approach this scenario?
The bull pressure on the weekly resistance can increase again during this week and a break above that area will be a sign of strength.
We will monitor the price after the break and consider a long order if our Academy rules will be satisfied.
--––
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
GOLD will break the bears barrier 🦐GOLD on the daily chart is testing a weekly resistance level at the 1910.
The price has broken all the previous resistance levels showing us the bulls-strength and, the uncertain economic situation can create a new run to set a new ath in this market.
How can we approach this scenario?
The bull pressure on the weekly resistance with high volumes can increase during this week and a break and close above that area will be another bullish hint.
We will monitor the price after the break and consider a long order if our Academy rules will be satisfied.
--––
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
EURUSD can move higher? 🦐EURUSD on the 4h timeframe got rejected by the daily resistance where the market created a double top .
The price starts the retracement and perfectly tested the 0.786 Fibonacci level before moving to the 1.136 level.
How can we approach this scenario?
We will monitor the price action and check if there will be a break of the resistance area that could give us a confirmation of the continuation to the upside.
If the price will break above the daily resistance check for the application of the Plancton Academy to set a nice long 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.
AUDNZD on a retracement move 🦐AUDNZD on the 4h chart is moving at the top of the trend in an ascending channel.
The price after the attempt to break the upper trendline melted below for a test of the lower support trendline over a daily static support area.
How can we approach this scenario?
We will wait for the break of the confluence zone and after that, we will check for the application of the Plancton Academy rules to set a nice short order for our usual risk-reward ratio.
--––
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 can take a break?🦐USOIL on the 4h chart after the expected bull run reached the monthly descending trendline.
The price is in an overextended impulse and is now trading between daily support and a descending trendline with a potential head and shoulders pattern formation.
How can we approach this scenario?
We will check if the price will break below the confluence zone and in that case, we will monitor the price for a short-order according to 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.
EURGBP an unbeatable bear? 🦐EURGBP on the daily chart is currently testing the string support area at the 0.83000 level.
The price after a few test over the confluence between the structure and the weekly descending trendline retraced at the 0.618 Fibonacci level and tested a daily resistance level before turning again to the support.
How can we approach this scenario?
The increasing volatility can provide some false breakout, especially in the areas of a strong structure. We will monitor the price for a possible break below the area and in that case, we will move on the 4h timeframe to look for the Plancton academy rules 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.