GOLD after my previous idea broke as expected the confluence zone between the descending trendline and the resistance structure. The price is now in a minor distribution phase. According to Planctonìs strategy IF the market will break above we can set a nice long order for a bullish continuation. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
USDJPY after my previous analysis dropped as expected bellow the support area. The market is now trading above a lower support support and tomorrow the news on the Consumer Price Index could push the price further Further low on the DXY- How can i approach this scenario? For the ones who are already in from my previous call i would put this position risk free...
EURUSD on the 4h chart after last week's impulse is trading at the recent high. The price never provided a re entry zone and some retracement to a fair value can be seen. How to approach this scenario? I wil wait for a possible test of the 0.5 Fibonacci area and IF the market will provide us an inversion i will set a nice long order according to the Plancton's...
EURUSD on the daily chart is perfectly trading inside a descending channel. The market after the recent low broke above and is trading now in a series of higher high higher lows below a weekly resistance. According to Plancton's strategy If the market will break and close above i will consider a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple...
EURGBP on the 4h chart after the last impulse retraced at the 0.5 Fibonacci level and retest the 4h support. The price is now trading below a daily resistance and according to Pkancton'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...
EURJPY on the 4h chart after my previous analysis retraced at the 0.786 Fibonacci level. The market after a distribution phase dropped below a daily resistance and is now back above giving a confirmation of the lower low lower high series. How can i approach this scenario? I will wait for the EU market open and if the price will break below i will look for a...
SP500 on the 4h chart after the recent low retraced to the upside with a series of higher high and higher low. The price tested a supply zone and dropped above a support area , with a last test of the 0.886 Fibonacci. How can i approach this scenario? I will wait for the US market open and the result of the the US CPI news and if the market will break and close...
AUDCHF on the 4h chart is trading between the recent high and the 0.382 in a distribution phase. The market is creating a series of higher highs and higher lows and according to Plancton's strategy IF the price will break above the resistance area i will consider a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
USOIL after my previous analysis is breaking as expected the resistance on the 4h chart at the 90 level. On the daily target we see another daily resistance and according to Plancton's strategy IF the market will break above we can set a nice long order for a bullish continuation. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
USDPY on the 4h chart after an incredible bullish run has retraced over a support around the 147 level. The market is currently trading above the structure and during this week some big news such as FOMC today and the NFP on Friday might affect the US pairs. How can i approach this scenario? I will wait for the price to break and close below the level and if...
SP500 on the 4h chart after the recent low retraced to the upside with a series of higher high and higher low. The price tested a supply zone and dropped above a support area, with a test of the 0.382 Fibonacci area on last Friday How can i approach this scenario? I will wait for the US market open and if the market will break and close below i will consider a...
USDCHF after the FOMC speech yesterday is back to trade below the resistance area. The market looks still bullish and IF the price will break above the area i will consider a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
EURJPY on the 4h chart after my previous analysis retraced at the 0.786 Fibonacci level and is now trading above the 0.618. The market struggled to break the resistance level and following a strong bullish trend some retacement can be expected How can i approach this scenario? I will wait for the EU market open and if the price will break below i will look for a...
NASDAQ on the 4h chart is trading below two important resistances. The market in this premarket session is moving to the upside in a retracement move. Yet we expect a progression of the bearish pressure on this asset. How can i approach this scenario? I will wait for the test of the resistance area and IF the price will provide us a sign of inversion i will set...
USOIL on the 4h chart after the recent low retraced perfectly at the 0.618 Fibonacci level. The market after a consolidation phase broke above the 0.5 level and is now creating a higher high move. According to Plancrton's strategy IF the market will break the resistance area i will set a nice long order according to the Plancton strategy rules -–– Follow the...
USOIL on the 4h chart after the recent low retraced perfectly at the 0.618 Fibonacci level. The market after a consolidation phase broke above the 0.5 level and is now creating a higher high move. According to Plancrton's strategy IF the market will break the resistance area i will set a nice long order according to the Plancton strategy rules -–– Follow the...
EURUSD on the 4h chart is trading over a daily support. After the recent high the market is looking for a direction and the upcoming news on the NFP and the FOMC speak can make the price take a decision. How can u approach this scenario? Being the last day of the month and the imminent news coming this week i will wait for a clear break above the 4h resistance...
AUDCHF on the 4h chart is trading between the recent high and the 0.382 ina distribution phase. The market is creating a series of higher highs higher lows and according to Plancton's strategy IF the price will break above the resistance area i will consider a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...