Wed 27th Oct 2021 EUR/USD Daily Forex Chart Sell SetupGood morning, just the one new trade setup identified on the Daily Forex charts, and that being a sell on the EUR/USD. This chart is getting busy with 2x previous trades still in play. This latest sell is a with the trend trade but ideally I would like to see the previous low being taken out to convince me. You can read my notes on the chart though. Cheers.
Dailychart
NZDJPY for new highs 🦐NZDJPY on the daily chart has recently broke the previous highs due to a Yen weak moment.
The price after a long retracement has started a bullish impulse and according to Plancton's strategy if the Academy conditions will be satisfied we will set a nice long order.
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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.
Mon 25th Oct 2021 Daily Forex Charts : 5x New Trade SetupsGood afternoon. Early this morning I identified 5x new trade setups on the Daily Forex charts from my watchlist. You can see the charts in this video with my thoughts about each of of the setups noted on the actual charts themselves. There is a fair bit of correlation here so just be careful of your overall risk. Cheers.
CRM POTENTIAL 5 POINT MOVECRM is showing a potential break on the Daily Chart for a short 5 point move to 300.
The 1hr is already showing an entry with initial room to 295 first and if price breaks 295, it has room to 299-300.
Stop loss 289.50.
I like the consolidation back to the 21Ma on the daily chart and the weekly chart isn't bad either.
AUDCAD It will rise upward Welcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
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Buyers have taken charge and managed to push price beyond rejective resistance 9200 zone. After a strong bullish impulse, we now have price rejecting off the 50% fib with a bullish flag formation. All signs point upward for another bullish wave/continuation. Where do you think AUDCAD is headed? Let us know your thoughts in the comments!
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
CHFJPY , WAITING FOR SHORTING CHANCE ?From the resistance trend line we observe that we are at a selling ZONE .
the evidence of a pattern ASCENDING CHANNEL .
considering that its the DAILY time frame .
we will look for opportunities to support the anticipation of the SELLING PRESSURE from this position . This will be evident especially on the lower time frame once the market shifts from bearish market to a bearish market .OUR ENTRY TIME FRAMES ARE THE INTRADAYY TRADES TIMELINES .
Fri 22nd Oct 2021 CAD/CHF Daily Forex Chart Sell SetupA slightly higher risk sell trade setup on the CAD/CHF. This is generally a slow moving pair. You can read my notes on the charts regarding my thoughts about this setup. But if you normally risk 2% on a trade, then I would only consider 1% risk on a trade like this. Cheers.
Tue 19th Oct 2021 XAU/USD (Gold) Daily Forex Chart Sell SetupHere we have a new sell setup on the Daily Gold chart. Still have a previous buy trade on, which should have already been reduced and protected, as per my notes on the chart. There is a little uncertainty with this pair at the moment, so be careful with risk. Cheers.
CSX 4th top to heads up, resistance contactwww.tradingview.com
RSI overbought on daily chart.
Price make contact with resistance area for the 4th time,
Volume seams great so far to expect a breakout anytime soon.
Buying signal must be consider before taking any position.
In case of a short position fibo 0.5 is a good option, as usual.
USOIL for a new high 🦐 After our previous analysis, USOIL, reached as expected the resistance stricture.
That level is a very strong one historically and IF the price will break above we can set another long order according to Plancton's strategy.
Wait always a confirmation of the break..
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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.
Fri 15th Oct 2021 Daily Forex Charts : 3x New Trade SetupsLooking at the Daily Forex charts and using the High Probability & Divergence methods from my books, there were 3x new trade setups identified today. Just be careful of correlation though as the NZD is involved in all 3x trades. Enjoy the weekend all. Cheers.
Thu 14th Oct 2021 EUR/USD Daily Forex Chart Buy Setup2nd attempt at a Buy on the EUR/USD. Higher risk trade as going against the trend. You can read my notes on the chart for my thoughts on this trade. I'd be leaving the partial previous sell on as that is with the trend and also gives you some protection or insurance. Cheers.
EURGBP testing a weekly support 🦐EURGBP on the daily chart is moving over a daily chart.
The price after a first bounce has moved back to the support and according to Plancton's strategy if the market will break below 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.
GBPUSD can move lower? 🦐GBPUSD after the break below the weekly support is currently retesting the structure at the 0.5 Fibonacci level.
According to Plancton's strategy if the price will show us a sign of inversion and satisfy the ACADEMY rules we will set a nice short order.
On the other hand if the market will move above the structure we will monitor the price for further bullish price action.
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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.
Tue 12th Oct 2021 AUD/CAD Daily Forex Chart Buy SetupHere is a higher risk buy trade setup on the Daily AUD/CAD Forex chart. You can see my notes on the chart, including why I would be leaving the previous partial sell trade on. Always a risk when trading against the trend, but as we all know, all trends come to an end eventually. Just be careful with this one though. Cheers.
My Thoughts On US 30In my analysis of US 30, on the DAILY chart of this index, Price currently moving BULLISHLY to the Monthly Resistance Price of $35417 completing the Double Bottom Pattern. It is possibility that price will reverse at current resistance level. In this analysis I used Chart Patterns, Trendline Analysis & Supple & Demand Zones. CURRENCYCOM:US30