ENJBTC is testing the historical weekly trendline 🦐ENJBTC is testing the historical weekly trendline as a support.
IF the price will break the daily dynamic trendline and daily static resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
Resistance_level
TRXUSDT had a breakout from monthly resistance! 🦐TRXUSDT had a breakout from monthly resistance, and now trying to flip into new support.
IF the price will confirm the new support, 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.
USDJPY-Weekly Market Analysis-Nov20,Wk4The resistance line at 104.21 or the trendline setup for a shorting opportunity for trend traders. Last Thursday and Friday have a clear demonstration of a weak movement on USDJPY, on the following week it may give us more clue of the movement for this pair for the next 2 weeks.
EURUSD-Weekly Market Analysis-Nov20,Wk4Having Bearish Butterfly reaching its first target and bounce back to the previous hight at the HOP level shows that the resistance is still in play. At this moment we have a descending triangle within a potential bullish shark pattern that I've planned for a shorting opportunity.
EURUSD - Swing Trading - Short term and Mid term TradingHi Traders!
Here is an idea for Short- and Mid-term Trader.
For the H4-Timeframe you can recognize a repititive pattern.
It is an ascending Trendline which finally gets broken.
This happened two times and the third ascending Trendline exists too.
The idea is to sell the break of the Trendline.
Now, here is the H1-Screenshot for the Short-term Trader:
Here you can see that the price just arrives at two important Levels:
- After the Breakout it retests the Trendline
- It arrives to the important Resistance Area
The idea is to sell the Turn-over at Resistance.
We recommend to trade in combination with candlestick patterns!
Thanks and successful Trading :)!
BABA Dip Buy Blink WinAlibaba should dip at the open on Wednesday based on the Bollinger Bands, and MACD. However if you look at bearish volume on the MACD you can see it declining. We are getting set up for upward potential. We are far from the moving average and resistance according to the Kurutoga cloud. Moving average is $271 while resistance is $282. These are accurate but Alibaba has the potential to outperform these numbers in the coming weeks. I look to Triple my BABA Call position during the dip tomorrow. IF THERE IS ONE. My predictions are just predictions, I am not an expert. I have been doing well though if you look at my past work. You will see my big wins and fails. Having a great time trading and I am very impressed with all the feedback I received on my first post about BABA. Follow for more and share your thoughts in the comments. I will update those following on my position. MEGA profits ahead of us!
GBPUSD BUY (Signal #9)1. Tested resistance
2. Tested resistance
3. Confirmation - bullish candles getting smaller
It couldn't get simpler than this; very clear and significant level. Great R:R. This is price action trading 101. Although the trade is very clear, SL will be used incase something unexpected happens. SL is great, it helps us protect our capital!
Entry Price: 123.787
Take profit: 124.000 (20)
Stop loss: 123.590 (20)
The risk to reward ratio is not perfect. So we are risking very little on this trade.
Entry Price: 1.32230
Take profit: 1.32500 (50)
Stop loss: 1.32700 (25)
EURJPY BUY (Signal #8)1. Reached zone
2. Respected zone
3. Confirmation with bullish engulfing candle
The trade was confirmed after a bullish engulfing candle was formed on the 30M chart. We waited for the candle to close, it did and we entered. This is on a channel, so it is acceptable to buy on a slight downtrend as the channel is confirmed and could continue.
Entry Price: 123.787
Take profit: 124.000 (20)
Stop loss: 123.590 (20)
The risk to reward ratio is not perfect. So we are risking very little on this trade.