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Trianglebreak

ADABTC is testing an important trendline 🦐ADABTC is testing an important trendline after the price created a triangle. IF the price will have a breakout downward and flip the current support (daily one) into new resistance, we can see a retest of the weekly support (red one). 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.
Short
by InkyGrip
2
AMC fully forcasted with Flat wave fiB. retracement change addedEXIT PRICE - to be SAFE 286.50 . Swing high at 162.93 - but will be moving like a locamative by then - these are all historical bar patterns. It's a Triangle pattern 5 wave - followed by a TRAINGLE WAVE double zig zag - 3 waves - Followed by ANOTHER triangle bull flag pattern (where we at now) which is wave I of V or Wave (4) of (5) TECHNICALLY but appears to be more like my (X) or (c) . and the Triangle wave just finished over the past two days that falls in this place of the wave cycle. FOLLOW THE BAR PATTERN COLORED THE SAME BACK GROUND AS THIS. DONT WANT TO HEAR YOUR COMMENTS ON MY CHARTS NOT MAKING SENSE TO YOU . IM ONLY DOING THIS FOR YOU because YOU ARE RESPONSIBLE (im sure not) for making this all possible with Simple Joe. MAY OR MAY NOT go logarithmic- but stay conservative until then you millenial pukes. Dont trade like a bull or bear- trade smart- like a FOX NYSE:AMC then
NYSE:AMCLong
by TheBadMrFox
47
AMC fully forcasted with Flat wave fic. retracement change added$286 ISH EP ON THE EXI.T TOP IS NON LOGARITHMIC WITH HISTORICAL ALGO PATTERNS AND OBVIOUS EWP LABELED. The Flat triangle wave that happens before the 5 th wave of a 5-3-5 Elliot combo wave with the retracement and support drop (due to the Instituional PLAIN manipipulation of the $SPX - bastardos) Exit 286 to be safe. Entry would be the first retracement - just follow the green ghost ppatterns Dont trade like a bull or bear- trade like a FOX
NYSE:AMCLong
by TheBadMrFox
USD/JPY LONG TERM MONTHLY TRIANGLEUSD/JPY is the forex ticker that shows the US dollar's value against the Japanese Yen. The Dollar-Yen is one of the most-traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. On a long-term basis, experts follow formed triangle starting from 2015 whose resistance line was broken with the formation of three white soldiers followed by a hammer in April and a spin top in May. The spin top candlestick test successfully the previous resistance line, now looks like a support line, but it is also a signal indicating indecision and subsequent consolidation and disinterest from the traders. On a daily basis, USD/JPY is attempting to find follow-through in the aftermath of a Bearish Engulfing candlestick pattern. This could spell a turning point for the pair. But, rising support from the beginning of this year is still maintaining the dominant upside bias. A breakout under it could open the door to testing the 100-day Exponential Moving Average (EMA). The latter may reinstate the focus to the upside. Looking for the sentiment implies that about 56% of retail traders are net-long. The fact that traders are net-long hints prices may continue falling. The combination of current sentiment and recent changes further supports that the pair may weaken ahead. But if the price value continues rising, it may test the next resistance at 111 or intense psychological and technical level of 114.
by legacyFXofficial
1