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YFIIUSDT is testing the main support 👀The price is testing the important Weekly support on 1792$ On the 4h timeframe the price had a breakout from the falling wedge and got a rejection from the 4h resistance on 1935$. The market creates a demand zone between the weekly support 1792$ and 4h support 1748 How to approach? The price could get the liquidity from the demand zone and create a new bullish impulse above the 4h resistance 1870$ and retest again the 1935$ resistance if the market is going to satisfy our rules –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
YLong
by InkyGrip
7
NZDJPY trade idea at 30mcurrently, we are seeing the price held by a strong support level at 86.610, I will wait for the price to break out of the support level with strong momentum down before placing any sell order. **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
SOLUSDT is testing the 100$ as supportThe price is creating a descending channel after a breakout from the dynamic support on 115$ The price is testing the 100$ support eight now but we could see a new bearish impulse soon How to approach? IF the price is going to lose the 100$ support, we could see a new bearish impulse until the 0.886 Fibonacci level, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
27
US500 4583.4 LONG IDEA + 0.58 % * PRICE ACTION & REVERSAL 📈📉💡HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS NEXT WEEK ON US 500. The index opened the week with a bullish rally since it broke out of that descending channel . * The index is still strongly bullish looking at momentum to the up side, but what goes up must come down as we definitely seeing a slowing down in momentum currently. * Now since we where in a bullish rally we are currently in the formation of a bullish flag that could possibly see the formation of a double top before reversal other wise break below triggers. * Break above of structure cancels the whole set-up. - looking for reversals with the bears see below. lets see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
UShort
by PULEMokhothu
1
AUD / USD 0.74905 -0.24 % SHORT IDEA * REVERSAL PATTERNS 📈📉💡⚓HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE AUD / DOLLAR * The PAIR has been trading in a Ascending channel , just tested the roof of this structure creating a double top at resistance level now in a delay range possibly signaling a shift in momentum. - Short term the pair is in a up trend on lower time-frames as we see break above's even on the 4h chart this, but it is definitely showing signs of weakness towards the upside as we had a double top formation signaling possible reversal. - Looking for short entries on the THE PAIR going into week should all the rules of the formation be met. BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP. scaling down lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
USD / JPY 121.516 0.26 % SHORT IDEA * H&S FORMATION 💡💴💵📉HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / YEN * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that extending this move with a strong bullish rally towards the upside, Then saw that beautiful correction with the bears after that resistance hit. - Short term the pair is consolidating creating the right shoulder of the head and shoulder formation. - Looking for short entries on the THE PAIR going into next week, A break below of the support of the range and close will be the trigger for this trade amongst other things. BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP. Scaling to lower time-frames for entries probably 1H and lower upon break below. Here's what we have on the 1H lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Short
by PULEMokhothu
KCSUSDT is testing the 4h Support The price had a nice breakout from the monthly support and retested it as new resistance. On the daily timeframe the price is creating a descending channel below the weekly resistance. On the lower timeframe the price is testing the 4h support. How to approach? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
ALGOUSDT is testing the monthly areaThe price is testing a key monthly level of 0.68$ where the price bounced several times. Check the upper chart, the price respected that area. on the lower timeframe (4H) the price had a false breakout from that area. How to approach? If the price is going to confirm the breakout from the monthly support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
BTCUSDT is testing the supportThe price is testing the lower trendline on the daily timeframe after a rejection from the 42k resistance. On the 4h timeframe, the price got a rejection from 0.382 Fibonacci level and created a new Higher low. The price is looking for a new bounce, and if the price is going to create a new Lower high we could see a new bearish impulse until the weekly support. How to approach? IF the price is going to lose the 4h support ton 38k and retest it as new resistance, we can add it to our watchlist and wait for applying our rules. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
16
KCSUSDT is testing an important supportThe price had a rejection from the monthly and after a breakdown from the weekly support on 19.84$ the price went to retest the daily support on 17,8$. On the 4h timeframe, the price got a rejection from the previous 4h support now new resistance on 18.6$ How to approach? The market is testing important daily support on 17.80$, the price bounced several times on that level. IF the price is going to lose the support and flip as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
6
DOGEUSDT is testing the weekly supportThe price is testing the weekly dynamic support after a breakout from the daily structures on 0.125$. The market is trying to have a bounce from that support and retest the previous support as new resistance. How to approach? We are monitoring the price, We will wait for a bounce and we will apply our rules for a new short position. The next valid support is 0.088. the scenario is invalidated if the price is going to have a breakout 0.14$ –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
NEARUSDT is testing the supportThe market had a breakout from the weekly support of 10$ and daily support as well on 9%. The price is testing the dynamic support as new resistance. On the 4h Timeframe, we can see that the price is testing the support on 8.3$ after a new rejection from the 9.5$ area. How to approach? We need to monitor the price of Bitcoin as well. IF the price is going to have a clear breakout from the current support and flip into new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
4
ENJUSDT is testing the Daily SupportThe price is creating a descending channel on the daily timeframe and had a breakout from the dynamic support and bear flag. Now the price is testing important daily support on 1.4$ How to approach? We are monitoring the price, we expect a bounce around 1.6$. If the price got liquidity and the market is going to lose the current support and flip it in new resistance, we can apply our rules to open a new short position ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
12
BTCUSDT is testing the 0.786 Fibonacci LevelThe price had a rejection as expected from the Supply zone and we made more than 7% since our previous idea. On the daily timeframe ( the upper one) the price is testing a key level on 37k, if you look on the left you can find rejections and bounces, which means that this area is very strong, exactly on the 0.786 Fibonacci level. On 4h Timeframe we can find an M pattern, and after the breakdown from the descending channel and retest of its neckline, our strategies were triggered and we opened a new short position. How to approach? We could see a bounce on that level until 38k. We are watching for the next breakdown and if the price is going to lose its support the next valid support is 34k ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
8
ETHUSDT is testing the old support as new resistanceThe price is following my drawing according to my previous idea, the market bounced until 2700 and got new liquidity for a breakout of 0.618 Fibonacci level. Now the price is testing the old support as new resistance. How to approach? A breakout is not enough, you need to have strategies to open a new short position, we will open a new short if the market is going to satisfy our rules. The next valid support is 2400 ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
20
FTTUSDT is testing the daily supportThe price is testing the daily support after the rejection from the upper trendline as you can see on the daily timeframe ( the upper one). The price is creating a falling wedge. On the 4h timeframe, on the lower one, The price is testing important daily support on 41$. If you check on the left you can see how the price respected that structure How to approach? If the price is going to lose the daily support, and retest as new resistance we could see another bearish impulse until 38$ according to our rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
4