Asian markets remain looking heavy as the HSI and Nikkei Daily timeframes press lower. The US has been more resilient to negative news and remains focused on inflation and interest rates. The question is how much of the good news ie/ strong economy and bounce from pandemic lows has been factored in to price action in the US. If the US start to take a hit, then...
Traders, FAANG (Facebook, Apple, Amazon, Netflix and Google) share basket is forming a hidden pattern which can push these stocks down. However there are certain conditions that we must have. In this top down analysis we see how Fibonacci Confluence Pattern (FCP Pattern) is forming a zone which can create a massive trade opportunity.
If you are invested in any of...
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