Traders, GBPUSD has been falling as expected and may continue to fall further. It has recently showed sign of rejections from a recent trend line. But as I mention in my video analysis, we need to be aware of developing W pattern. If you enjoyed this analysis, hit the like button and comment how are you planning to trade gbpusd. Thanks!
Traders, here is my quick analysis of EURUSD. I am expecting it to go upwards and then fall back down. That can give us very good opportunity for short and then long positions. Hit the like button and send me your comments how are you going to trade EURUSD. Thanks!
Traders, Silver has been consolidating after a completion of pattern on monthly timeframe. It has already hit 38.2 and now it may be ready to give us a better short opportunity. But we also have a good long opportunity for day or medium term traders. Hit the like button and subscribe if you enjoyed this analysis. Thanks!!
Traders, here is the updated analysis on EURUSD. The previous zone was invalidated by the market and we do not have Cypher pattern anymore. We now have reached a point where we have multiple confluences: 1. Shark Pattern Completion 2. Previous 2017 Price Gap 3. Monthly Time Frame 78.6 4. Fibonacci Confluence This can be a very good long opportunity. Hit the like...
Traders, Gold has been bullish as expected due to fundamentals too. It is about to complete a pattern which can give us a short position soon. But overall I still think it is going upwards to complete a monthly time frame pattern. Watch my previous analysis on you tube. Hit the like button and subscribe if you found this analysis useful. Thanks!!
EURGBP has been mostly following EUR last week and fell from a good level. It is now testing previous lows and it may continue a little further to create double bottom or divergence. We also have a pattern getting completed. So if we get a bullish confirmation, this can be a very good long position. Hit the like button and subscribe if you found this analysis...
Traders, EURUSD has been punishing traders by not giving any kind of retracements upwards. It has been strongly and quietly breaking all support levels pushing the price down. That behaviour is not normal and is currently consistent with DXY (Dollar Index) behaviour. (See DXY analysis attached). We now have reached a point where we have last chance for bullish...
Traders, DXY (Dollar Index) has been dragging its feet and pushing itself up without any retracement. It is behaving exactly like EURUSD but in opposite direction. We now have a cypher pattern completing too which can give us a very good Short entry. We must wait for a bearish confirmation and enter a short. Hit the like button and subscribe for future analysis...
Traders, AUDUSD has been bullish after completing several patterns inside the high probability zone. It came back in the zone to create a divergence and now it may come back. On 4H time frame we can see it losing momentum. So we will plan our trades based how it reacts on the completion of 4H time frame. Checkout DXY and EURUSD weekly analysis too. Hit the like...
GBPUSD has been creating bearish pattern and last week's rise was expected due to : 1. 38.2 Fib target hit 2. Mid of Bollinger Band hit 3. Weekly Bull candle hit (Mid of the M pattern) So depending on market behaviour around previous trend lines, we can expect more down side. There are 2 regions where we can take short positions from. Hit the like button and...
XAUUSD #Gold Bullish For Now, Reaching A Great Shorting Zone: Gold is reaching this zone where a huge monthly pattern is getting completed. It will be a monster opportunity to get involved when that HTF pattern completes.
Dollar index is expected to go down a little bit after a day or two. Id the downward movement continues, we can expect good correction to the downside. Hit the like button and drop a comment of you enjoyed this analysis.
#USDCAD #Loonie Weekly Analysis: Bearish Week Ahead?
GBPUSD is still showing bearish movement but we need to watch 61.8 fib level which will be reached in a day or two. Trade management is the key.
Please watch DXY analysis first because DXY and EURUSD are usually inversely correlated. EURUSD Is expected to fall for a day or two to test and retest few important levels. However it has been a game of 61.8 fib levels so far. So a bullish zone lies just ahead.
Traders, DXY (Dollar index) completed a pattern few days ago and the first target of that reached today at 38.2 Fib where a lot of profit taking suddenly raised DXU up causing other USD pairs to fall. This was expected and was also evident from respective harmonic patterns on these pairs. Please hit the like button and drop a comment if you like this analysis.
CADJPY could be forming a double top at the completion of 2 harmonic patterns inside a supply zone. This can be a very good shorting opportunity. Please hit the like button and comment on the post. Thanks :)
Traders, I am long on eurusd from the zone that I mentioned in my weekly analysis. Please check that out if you have not. (see attached idea). Now that market has reached 38.2 first target and it has broken that structure, I have moved my stops to lock in profits and derisk a bit. I am expecting 61.8 profit target level now. Please like and comment this post if...