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Resistances

AUDCHF is testing weekly resistance 🦐AUDCHF is testing weekly resistance and tested 0.618 Fibonacci retracement. On 4h timeframe, we can see a 4h support, IF the price will have a breakout downward and retest it as new resistance, According to Plancton's strategy, 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.
Short
by InkyGrip
9
ADAUSDT is inside the descending channel 🦐ADAUSDT is inside the descending channel, and the price retested 0.5 Fibonacci level. IF the price will have a breakdown downward, and turn the support into resistance, According to Plancton's strategy, 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.
Short
by InkyGrip
8
GNTBTC is trying to have a breakout 🦐GNTBTC is trying to have a breakout from the descending channel and weekly resistance. IF the price will break weekly resistance and flip as support, According to Plancton's strategy, 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.
GLong
by InkyGrip
2
AUDSGD wants to retest the 0.618 Fibonacci Level 🦐AUDSGD wants to retest the 0.618 Fibonacci Level after the price broke a descending channel. According to Plancton's strategy, 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.
Short
by InkyGrip
12
LULU LevelsNASDAQ:LULU is approaching June Levels. The next major level on the downside would be the gap 249-251. The sellers have had complete control of the shares the past 3 weeks. The 3 lines are the 50 100 and 200 SMA's respectively, LULU had no problem breaking the most active level shown of 317.02 and quickly broke below the 100 SMA. The 200 SMA acts as support. Furthermore LULU has Recently moved into Oversold levels on RSI and has began to show upside on CCI. The future of this stock likely depends on good sales reports, retail seeing action, and a hold of 287.66 next week.
NASDAQ:LULU
by crawfordpaul
2
BNBBTC bounced on 0.786 Fibonacci Level 🦐BNBBTC bounced on 0.786 Fibonacci Level and now is testing a weekly resistance. IF the price will break weekly resistance According to Plancton's strategy, 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
8
TRXUSDT bounced on a daily trendline 🦐TRXUSDT bounced on a daily trendline after a nice bull run. IF the price will break a monthly resistance we can see another bull impulse According to Plancton's strategy, 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. 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
7
ADAUSDT is on monthly support. HOLD IT! 🦐ADAUSDT is on monthly support and inside descending channel and 0.5 Fibonacci level. It's a crucial for ADAUSDT, IF the price will lose the support we can see a retracement towards 0.618 Fibonacci level. IF the price will break daily structure, we can see a new impulse. According to Plancton's strategy, 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. 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 Plancton0618 strategy will trigger.
by InkyGrip
8
NIFTY With The China border tensions and GDP numbers coming at a time when NIFTY hit its resistance after such a long rally, one should trade carefully and cautiously. 1) Nifty can bounce back to 11625 and consolidate between 11625-11387 which would be great and healthy. 2) Nifty can bounce back a bit and again fall below 11387 in which case we could see further fall up to 11088. 3) Nifty can straight away fall below 11387 and my touch 11387 again before it falls to 11088. 4) Nifty can start recovering slowly and steadily. Yes, every fall presents an opportunity to buy and one should make use of it. So depending on your risk appetite buy your favourite stocks in very small tranches on every dip. If you already bought quality stocks , you can either hold them even if they fall now only to recover later OR book your profit/loss so far and wait for a clear picture. Choice is yours based on the quantum of loss you can bear. Global markets aren't weak. So there are chances that NIFTY can recover. So for the first few minutes my advice is to play the wait and watch game and then decide.
NSE:NIFTY
by CannySunny
TATA MOTORS - When to enter ?This chart is made at the request of @Santosh7856. CMP 143 Even though the stock has finally broken the resistance of the recent ascending parallel channel which is a great sign, the stock still faces 2 resistances from long descending parallel channels i.e from September 2016 and June 2018. The catch here is the stock looks positive and is supported by MACD as well but only because Nifty might need to take a breather after such a long rally which is why I am in doubt and would ideally not enter at this moment. Above 158 is quite safe to enter for a long journey as it becomes a very strong support. The immediate 2 targets are indicated in green lines with the percentage of expected returns. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
NSE:TATAMOTORS
by CannySunny
9
EW Analysis: GBPAUD In The Corrective PhaseHello traders! GBPAUD is clearly bearish, as we see a sharp fall in impulsive price activity down from 2.085 high. We are tracking a so-called impulse, a move that is structured by five waves, where two of them are corrections. Now, we are tracking a wave 4 correction which started at 1.768 level, and it can climb a little higher as corrections are made by three waves a-b-c, before pair can look for strong resistance and a bearish resumption into a wave 5. "A wave 4 correction can unfold as a simple zig-zag, which seems to be the best possible scenario, unless it turns out to be a flat, a triangle, or a more complex w-x-y move." Resistance for a wave 4 correction can be at Fib. Ratio of 38.2 that comes in at 1.88/1.90 level, so watch that area as a potential resistance, especially around the previous wave "i" swing low a lesser degree. As such, there is room for slightly more upside before downtrend may resume. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Education
by ew-forecast
DUSKBTC nice breakout on 4h timeframe 🦐DUSKBTC nice breakout on 4h timeframe. The price bounce on weekly support and now it is attempting to break a daily resistance. Weekly Chart According to Plancton's strategy, 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. 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
4
SHILPA MEDICARE - Pull back or breakoutToday's close suggests that there is more gravity towards a pull back. After the "Cup and Handle" breakout wait for a pullback to end. With patience 25% on the cards after it crosses 627 on closing basis. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the confidence.
NSE:SHILPAMEDLong
by CannySunny