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618

NZDJPY looking for an inversion? 🦐NZDJPY aftter the recent high hit perfectly the weekly resistance and started a retracement move. The market is currently moving into a descending channel and approaching the 0.5 Fib support. According to Plancton's strategy if the price will provide us an inversion over the 0.5 or the 0.618 we will check for a noce 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.
by InkyGrip
22
NZDUSD looking for the 0.69? 🦐NZDUSD on the 4h chart is testing a daily support. The price after the first bearish impulse tested perfectly the 0.382 level and move once again to the support providing a 2nd bounce to the 0.618 fib level. Now the price is testing again the support and according to Plancton's strategy if the market will break below and satisfy the ACADEMY conditions we will 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.
Short
by InkyGrip
2
speculative fib channel suggests we could reach top by Octoberjust playing around with the fib channel here on the log chart until i found some consistency...i noticed that the blue .786 fib was the top of the 2013 false top and the 2017 true top. I also noticed that in 2013 after the false top it took 7 more monthly candles to reach the true top and wen it did it rose up 2 extra fib levels/colors before it hit that top in 2014. If we hypothetically are playing out a fractal of that 2013-2014 bull market, and we assume we will get 7 more monthly candles following our current false top until the real top...that would take us to october of this year....now, if we also did the same thing and pumped priceaction 2 extra fib levels that would have us hitting the teal .618 fib level and if we were to come anywhere close to that in the month of october then suddenly 280-300k (as shown here by the red bullseye) is a real possibility...this price range would fit perfectly with plan B's stock to flow model which has a price projection around 288k. I am by no means saying this is how things will unfold. I have not really used the fib channel tool very much so it may very well be that there is a much more accurate angle to this fib channel than the one I've come up with...but its fun to speculate sometimes and when it lined up at this angle I saw quite a bit of bullish confluence so I thought it would be fun to share so later I can hit play on this chart and see if it comes anywhere close to this. As always, none of this is financial advice. Thanks for reading.
BNC:BLX
by DrDovetail
AUDNZD tuned at the 0.618 🦐AUDNZD on the daily chart creates a perfect inversion at the 0.618 Fibonacci level. The price is now moving to a resistance level and according to Plancton's strategy if the market will break above we can 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.
Long
by InkyGrip
2
EURGBP on the retest of the structure 🦐EURGBP on the4h chart after the 0.618 rejection from the descending trendline broke the support area and currently is retesting it. According to Plancton's strategy IF the market will provide us a sign of inversion we will be ready to set a nice short order. If the price instead will break above, at the retest of it we will check for a long position. ––––– 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.
by InkyGrip
2