NY: NZDUSD 618 BUY LIMIT - ATRSimilar to GU idea, NU has also retraced back to a nice lever for buyers to come in both on smaller and higher timeframes. Lets see if dollar can show some weakness for both ideas to play out accordingly
618
ETH - $13,620 Top Target for 2025Based off previous cycle fib-measurements and projections, I believe the top will likely occur in September 2025, with a maximum approximate price of $13,620 (within the $13,000-$14,000 price range)..
Lets see if this ages line fine-wine .. Check back in a few years ;-)
NY: USD/JPY 618/BO - MOMENTUMUJ has reacted nicely off 618 fib and we can take the trade using momentum breakout setup for at least 2R. Lets see how NY plays out
ASIA: GBPJPY 618 LIMIT W ATR SLPrice in a clear uptrend with GBP showing overall market strength. Price is moving quickly and I had to hurry and set a 618 limit buy order that got hit before I knew what was going on! Lets see what happens. Looking for at least 2R to start the week
LONDON: EURJPY 618 LIMIT - ATR SLPrice continues the technical uptrend and we had a major reaction from EU at the 618 fib level. Lets see if EJ follows
NY UJ 618 LIMIT ATRLet’s see if this relative 618 level holds as it is also backed by structure it is usually one of my most consistent setups. If it doesn’t and price continues uptrend the next best place to enter would be the bigger 618 from the very bottom of the consolidation
ASIA NJ 618 LIMIT ATRNJ and AJ seem to be the last pairs to want to join JPYs downfall, this could either mean we can expect a pullback on all JPY pairs or that its simply late to the party and still gathering volume for a bigger push up.. not sure, but decided to test this hypothesis by entering a limit buy order at the 618 which was just hit. SL used was our ATR formula for a minimum target of 1:2
NY UJ 618 LIMIT ATRThere it is so price has pushed down towards the bigger 618 from the very bottom of the consolidation and we must add and entry here so that if price is going to follow through on the uptrend we can capitalize using a solid setup
ASIA UJ 618 LIMIT ATRLast call for UJ shorts going once, going twice...
Playbook Setup: 618 Sell Limit Active
Probability of Success: 50%
Last entry for Asia session and it lines up with our bias from prior playbook setups (although we try to treat each and every opportunity independent of other ones).
KEY POINTS
- Maximum risk exposure met(3R) for ASIA so we will set SL and TP orders and check back in during London.
- Be aware as a trader and risk manager that this is a game of probabilities and there is a very real probability that when we check back in during London, we may be down 3R if all trades go to shiiiiish... In this instance, the worst-case scenario is accepted (psychologically) so therefore we have entered the last position of the night and will be clocking out as soon as this idea is posted
Our job here is done, the rest is on the market. May the odds be ever in your favor
LONDON UJ LONG 618 ON IB IMOMENTUMUsing half of our profit from last trade, we will go for another 2R on this last setup of London. Price has yet made another playbook setup and we must heed by our trading plan and take it.
We have taken far more entries during ASIA/LONDON than we anticipated and although they were all profitable, taking these many entries is NOT what we recommend. Psychology studies suggest that the human mind can typically only make 1-2 rational emotional decisions per day and as we all know when risking capital, we are also risking our psychological capital which opens up risk of trading emotionally and going on TILT, resulting in giving our gains back to the market, or even ending up in a worse position than when we started!
The only reason we are taking this trade is because it is going to be a 'set it and forget it' type of setup, using 1R which is technically "house money" at this point.
PROBABILITY OF SUCCESS: 25%
LONDON UJ LONG 618 LIMIT ATRAfter dropping more than 100 pips in such a short time, USDJPY is destined to fall to its death right?.. well, not exactly..
HIGHER TIMEFRAME ANALYSIS SUGGEST THE BREAK OF A DOWNTREND WITH PRICE FALLING SHARPLY TO THE 618 RETRACEMENT LEVEL OF THE HUGE IMPULSE MOVE MADE LAST WEEK.
I KNOW, I KNOW.. BASED ON LAST SETUP, WE ARE SUPPOSED TO BE DONE FOR THE NIGHT, AND POSSIBLY FOR THE WEEK. HOWEVER, USDJPY HAS MADE AN OFFER WE JUST CANNOT REFUSE AND BECAUSE OF THAT, HAVE DECIDED TO ACT QUICKLY AND TAKE ONE OF OUR PLAYBOOK SETUPS USING OUR PROPRIETARY ATR FOR SL PLACEMENT ( in this case 30 PIPS).
Even if we are wrong, our prior gains allow us to spend 1R to be part of this potential opportunity to at least double our risk.
now we wait, and see probability in action, in real time...
PROBABILITY for success: 50%
GBPJPY for a lower low 🦐GBPJPY on the 4h chart retraced eperfectly at the 0.618 Fibonacci level exactly at the 169.900 at the previous higher low level.
The price is now trading above a minor support and the actual lower low lower high move has been respected.
How can i approach this scenario?
I will wait for a possible break of the support and in that case, i will consider a nice short order according to the Plancton's's strategy rules.
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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.
Trade the Double Top; Sell the .618I use this strategy quite a bit. Identify a double top, wait for the break of structure, then sell the .618 when it rallies.
PRZ as Gartley/AB=CD pattern on GBPJPYHello again!
I've spotted potential zone where the price could go bearish to look short position. It is a Gartley pattern within an ab=cd pattern as 0.786=1.27. It is also the 0.618 retracement. Let's see what the price may go
Bitcoin - MEGA Falling Wedge + 0.618 FIB Support!- On the weekly chart we can spot a huge falling wedge - bullish reversal pattern!
- If you take a fibonacci retracement from previous low (3000 USD) - we are currently sitting on the 0.618 FIB level!
- I think the drop below 28k was a capitulation event to kick out all stop losses and trigger liquidations.
- ABC correction from all time high is now completed with 0,618 FIB extension on wave C.
TRIANGLE PATTERN Buy EntryHello traders. A Triangle Pattern has formed on the daily for gold. Entry is at a .618 fib entry level. This is A signal. Don't forget to like the Idea and follow. I Am Glad to see all feedback in the comments Below.
S&P500 - NEARING CORRECTIVE RALLY ENDThe FOREXCOM:SPXUSD is nearing the completion of the corrective move higher. We have just completed the ABCD to the downside with a nice rally later in the US session yesterday to move off the low.
Today we have 2 levels to watch.
Option 1- Temp Bullish.
This will see us head higher into the 4680-4720 area a little higher than the 78% level. Then this would bring the start of the move lower towards 4k. April the 12-13th is a major Monthly AI turn point and astro event. This is where this scenario is lining up nicely.
Option 2 - Corrective move finished.
This more bearish option would take us to the 4550 -4565 area before failing in a 135 bearish pattern.
Either way we are nearing a top or its already in.
I hope this helps.
Let me know your thoughts.
Last Chance Saloon to Buy on GBPAUD?GBPAUD broke through my supportive trendline that connected the previous two higher lows together. Today we are trading below these levels but sitting at the last point I would consider buying before the trend has lost any steam, the 61.8% fib level. Let's see can we take advantage of this high risk to reward ratio!
🚨 ARE YOU LISTENING YET???? CALLED ETH BREAKOUT TO THE DAY 🚨HI TRADERS,
WHY DO I FEEL LIKE I'M TALKING TO A BRICK WALL...
Not drawing this post out since apparently only 2 people are listening... if you are even remotely interested, look at my previous posts for the Technical Analysis.
ENTRY: Yesterday
1st Target: $3124 (HIT)
2nd Target: $3428 (.618 fibonacci retracement level)
3rd Target: $3860
LIKE/FOLLOW if you even care 🤣
BTC near-term Support Resistance: Pit-Stops on the way to 32.7k?Near term update to my bigger picture posted here (click).
We have been falling thru several "Genesis" fibs.
The next major level is a "Golden" fib at 32.7k.
There should be some bounces on the way there.
Green zones need to at least slow the descent.
Red zones above if broken could avert doom.
Likely we range between them over weekend.
34,693-879 should be a pretty strong support.
33,682-716 would be the next support option.
32,741-825 is the KEY support that MUST hold.
36,517-607 is the immediate resistance above.
37,489-588 is a MAJOR one with a Genesis fib.
38,744-972 would make a good bull-trap top.
Those numbers are from CoinBase.
Other exchanges will of course vary.
But that level of precision is feasible.
I will try to post updates below when possible.
.
CRVUSDT (2H) Breakout StrategyInvestment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.Burada yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, kişilerin risk ve getiri tercihleri dikkate alınarak kişiye özel sunulmaktadır. Burada yer alan ve hiçbir şekilde yönlendirici nitelikte olmayan içerik, yorum ve tavsiyeler ise genel niteliktedir. Bu tavsiyeler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.
