GOLD waiting for high probability setups to formHello everyone, if you like the idea, do not forget to support with a like and follow.
on H4: GOLD is overall bearish trading inside this big brown trendline.
However, it is currently sitting in the middle of nowhere.
So we will be waiting for GOLD to approach the upper brown trendline and blue resistance 1900.0 in blue to look for trend-following sell setups on lower timeframes (M30 and H1)
OR
we will be waiting for GOLD to approach the lower brown trendline and green support 1800.0 in green to look for buy setups on lower timeframes (M30 and H1)
Good luck!
Rejection
HOW TO DRAW SUPPORT AND RESISTANCE LIKE A PROHello everyone, If you like the materials in this video, do not forget to support with a like and follow.
In this video, we are going to learn how to draw support and resistance in a practical way on NZDCAD Daily timeframe.
Hope you will make good use of it!
Rich
SEKJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: SEKJPY is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: SEKJPY formed an objective trendline in red and a head and shoulders pattern so we are waiting for a momentum candle close below its last swing and neckline to sell.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue resistance zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
IOTAUSDT lost monthly support 🦐IOTAUSDT lost monthly support. The price could create a retracement to retest monthly resistance (0.618 Fibonacci level) and then continue its bearish.
movement. IF the price turns the previous support into new resistance, According to Plancton's strategy (check our Academy), we can set a nice 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.
RIPPLE video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for RIPPLE, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DOW JONES Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: DOW JONES is sitting around strong resistance in blue and round number 3000.0 so we will be looking for sell setups on lower timeframes.
on H1: DOW JONES formed an objective wedge pattern in red so we are waiting for a momentum candle close below its last swing to sell.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!