EURCAD reached Resistance Level and will fallEURCAD has reached a resistance line that has been tested multiple times and rejected. We can expect the price to go test 1.55810 level then possibly go down and test 1.545 level.
Resistance_level
RVNUSDT is trying to break the monthly resistance 🦐RVNUSDT is trying to break the monthly resistance after the price created a nice inverse head and shoulder.
IF the price will have a breakout upward and flip the current monthly resistance into monthly support, 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.
Going Short on GBPUSDRunning Trade...
Do your own analysis ...
Dont Forget Moving Stop-loss At Break-even
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ETHUSDT is testing weekly resistance 🦐ETHUSDT is testing weekly resistance 🦐 after a very nice gain with our previous idea .
We avoid buying below a resistance, for that reason, we will wait for a breakout. If the price will have a breakout and flips the current resistance into support, According to Plancton's strategy (check our Academy), we can set a nice 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-Weekly Market Analysis-Dec20,Wk1Last week we did talk about the ascending triangle and the important level for it to break and close above it's the bearish shark formation. Right now the market has retested the support level of the previous ascending triangle, yes, we can see big bearish candle but don't forget the long shadow when it approaches the support level(blue line).
As long as the market didn't break and close below the support I'll be looking for buying opportunity, the first target goes to the previous high which is the bearish shark entry price.
I know what you are thinking, that's a small target, well, measure the movement. It is a good 90+ pips opportunity out there.
Price Heading To Resistance Level & UTLHello traders! Price is currently heading towards resistance zone. Looking forward to short.
SELL 0.70197
SL 0.71634
TP 0.66266
ENJBTC is testing the historical weekly trendline 🦐ENJBTC is testing the historical weekly trendline as a support.
IF the price will break the daily dynamic trendline and daily static resistance, According to Plancton's strategy (check our Academy), we can set a nice 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.
RSI indicated overbought, resistance zone and Dave Chappelle Dave Chappelle declared war on VIAC via his Instagram regarding Dave Chappelle's Show. Competition such as Netflix and Disney will eat HBO alive.
TRXUSDT had a breakout from monthly resistance! 🦐TRXUSDT had a breakout from monthly resistance, and now trying to flip into new support.
IF the price will confirm the new support, According to Plancton's strategy (check our Academy), we can set a nice 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.
GBP/USD short trade from the zone of resistance!GBP/USD is one of the famous stop-hunter pairs in the Forex. But finally based on the trends, it is highly plausible to take profit form this short position.
NZDJPY - Bearish Bat CheckbackBearish Bat Pattern check-back on the resistance level. I will observe closely how the market reacts to the resistance level.
GBPUSD H1 - Resistance LevelGBPUSD just broke the resistance level a few hours ago. We can cleary see that it's on uptrend / bullrish.
It's a good opportunity to buy this pair right now with good reward ratio.
Wish you a good trade to start your week.
USDJPY-Weekly Market Analysis-Nov20,Wk4The resistance line at 104.21 or the trendline setup for a shorting opportunity for trend traders. Last Thursday and Friday have a clear demonstration of a weak movement on USDJPY, on the following week it may give us more clue of the movement for this pair for the next 2 weeks.
