DOW on a new ATH 🦐DOW on the 4h chart is trading at the ath, the price has created an ascending triangle below a minor resistance and according to Plancton's strategy if the price will break above we can set a nice long 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.
Usindex
U.S Dollar Index 4h try to touch 94.5 The US dollar index try to touch 94.5 to make a retest and then will try to continue their upward because can stable at the upward zone.
———
Will touch 94.50 Then will continue their upward till 95.6 and 96.3
You can see my previous idea to seethe accurate of the technically analytics
Nasdaq looking up 🦐NASDAQ after the recent retracement tested the support area at 14580.
The price after a false breakout retest the support and start to move upside breaking the retracement channel.
According to Plancton's strategy if the market will retest the support and provide us a sign of inversion we can set a nice long 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.
DXY (dollar index) analysisI believe the US dollar is still very bullish. This drop it has been experiencing, I believe is a retracement. I Expect price to drop as far as the support and I will be looking for opportunities to go long in the golden zone of the Fibonacci tool. This outlook on the DXY matches very well with my analysis of the EURUSD. I believe EU is still very bearish, and a bullish retracement is expected.
*Disclaimer*
This is not financial advice. Trade at your own risk.
EURUSD The movement after the breakoutHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
on Aug 31 I talked about the EURUSD market and how it's moving Bullish after a Breakout in the trend, Today we see that the market moved exactly like we thought it would.
EUR/USD is trading flat in a quiet start to the week with North America out for the day on holiday. The EUR/USD pair rallied higher all of last week to reach the end of July high at 1.1909. and now trending near the resistance line at 1.19010.
Possible Scenarios for the market movement for the new period of time :
Scenario 1:
The market is nearing the resistance zone between 1.1889 - 1.1892 after a great week of Bullish movement the Bulls does seem to have enough power to breakout that zone and if that happens we will be seeing the price going up near the June Resistance zone at 1.19312
Scenario 2:
when the market reaches the resistance zone between 1.1889 - 1.1892 a battle will happen between the Bears and Bulls, IF the Bears were able to gain control back over the market then the price will drop down and it will go near the first support zone 1.18172 where the Bulls will gather whatever power they may have to gain Bullish momentum and control the trend and push it back up.
Technical indicators show :
The market is above the 5 10 20 50 MA and EMA, But still below the 100 and 200 MA & EMA ( this indicates that the short-term trend for now seems Bullish but for the long-term trend of the market is still looking Bearish).
The MACD is above the 0 line showing that the market is in a Bullish state with a positive crossover between the MACD line and the Signal line.
The RSI is at 60.00 showing great strength in the market with no divergences found on the daily chart yet.
Daily Support & Resistance points :
support Resistance
1) 1.1881 1) 1.1889
2) 1.1876 2) 1.1892
3) 1.1874 3) 1.1897
Fundamental point of view :
As the market shifts its attention to the ECB meeting on Thursday, ‘buy the rumor, sell the fact’ is an apt strategy that springs to mind, according to economists at Société Générale. The EUR/USD pair should head higher towards the 1.1910 resistance on a hawkish message from the European Central Bank.
The ECB ( European Central Bank) hawks are spooked by the recent rising inflation numbers but the doves are firmly in control right now and so the policy is likely to remain loose for the time being.
However, certain members of the central banks are less dovish, including Governing Council member Francois Villeroy who said the bank should consider more favorable financing conditions in the eurozone in deciding on the pace of PEPP this week. According to Fxstreet
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
DXY little bit up then fall.......
DXY chart long term create Double bottom pattern And short term chart
hopefully create butterfly pattern. Then the market goes Up to 92.730 & 92.922
resistance zone. Then, the market goes down to 92.111 support zone. If breakout
93.300 resistance zone then market goes to buy to 94.000.
DOW a higher high move 🦐DOW on the daily chart closes the last trading day of the week pushing higher.
The price after a consolidation retracement below the previous highs created a nice impulse.
According to Plancton's strategy if the market will retest the structure and satisfy the Academy rules we will set a nice long 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.
DXY SHORT TIME BUY, LONG SELL IDEA.....
DXY chart long term create Descending Broadening wedge pattern And short term chart
hopefully create butterfly pattern. Now the market goes to 92.400 & 92.500 resistance
zone. If market create reversal pattern on 92.500 Resistance zone. Then the market goes
down to 92.072 & 91.550 support zone.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
DOW ready for a new ath 🦐DOW on the daily chart after the recent retracement at the 0.618 started a new strong bullish impulse.
The price is now trading below a resistance structure at the all-time highs.
According to Plancron's strategy if the price will break above we will set a nice long 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.
DXY LITTLE BIT SELL & LONG BUY IDEA.
DXY chart create cypher harmonic pattern. When market Breakout
92.832 Resistance zone. Then the market goes up to 93.098 & 93.200 zone.
Other wise market goes down to 92.596 support zone.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SUBSCRIBE.
SP500 wants the 4400? 🦐SP500 on the weekly chart has recently broken the weekly resistance area.
The market created a double bottom higher close formation giving us a hint of a bullish continuation.
According to Plancton's strategy if the market will retest the support and the conditions will be satisfied we can set a nice long 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.
SP500 for new highs? 🦐SP500 after our previous analysis break above the resistance zone and is now moving below a minor structure.
According to Plancton's strategy if the price will break above we will set a nice long 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.
SP500 for a new ATH? 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high.
According to Plancton's strategy of the market will break above we will set a nice long 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.
SP500 back at the previous highs 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high.
According to Plancton's strategy of the market will break above we will set a nice long 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.