Good morning ladies and gents, Price has retraced back into a Daily Propulsion Block. On the H4 Chart, price has dropped back in an area we label "Source". As per our system at AmplaFX, the H1 and M15 rules are fulfilled so we have found a long position available at current market price. Looking to take it up to refill the H4 imbalance for an RR of 1:5. I...
CADCHF after the recent highs broke the ascending channel and moved to the support area at 0.73500. The market from there can bounce for a retest of the previous support now turned resistance and then break below. We will be ready to set a nice short order according to Plancton's strategy if the conditions will be satisfied. -––– Follow the Shrimp 🦐 Keep in...
Re-test and breakout on CADCHF? Very strong bullish pair. Price recently broke the ascending triangle. Currently looks like the price will retest resistance before continuing its bull run.
CADCHF after the last retracement is back near to the previous highs. The price soon will test the resistance area and according to Plancton strategy if the market will break above we will set a nice long order. ––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily...
Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which is in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which is in line with 78.6% Fibonacci extension and horizontal swing high resistance. If price pushes down lower, it might take support on...
Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which is in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 1st resistance which is in line with 78.6% Fibonacci extension and horizontal swing high resistance. If price pushes down lower, it might take support on...
Prices are facing bullish pressure from ascending trendline support and horizontal swing low support which is in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 1st resistance which is in line with 78.6% Fibonacci extension and horizontal swing high resistance. If price pushes down lower, it might take support on...
Look for price to reach the support line of the channel and reject at the 38% fib level before going long. A nice high probability trade; going with eh trend and fundamentals currently in our favour.
CADCHF after the last retracement is back near to the previous highs. The price soon will test the resitance area and according to Plancton strategy if the market will break above we will set a nice long order. ––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily...
CADCHF after the last retracement is back near to the previous highs. The price soon will test the resitance area and according to Plancton strategy if the market will break above we will set a nice long order. ––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily...
Short CADCHF @ 0.7438; Tp @ 0.7289, SL your choice
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is at its Resistance and can fall from here Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
CADCHF is testing a major weekly structure resistance. Taking into consideration that the market is quite overbought, chances are high to see a pullback from that. Your confirmation will be a bearish breakout of a rising parallel channel on 4H. While the price is within, the market remains sharply bullish. The breakout will signify a local shift in market...
CADCHF BUY - SHORT BUYING BY MARKET INSIDERS
CADCHF after the strong impulse reached the resistance level below a structure. According to Plancton's strategy, if the market will break below the support, we can set a nice short order. ––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow...