Traders, Gold rose to our FCP zone and fell back down. We have been able to capitalise on the long move and then took short too as per the plan. In the analysis update of XAUUSD we see what opportunities we have on GOLD for the coming week. We also look at the higher time frame possible scenarios using FCP analysis. Rules: 1. Never trade too much 2. Never trade...
Traders, USOIL fell as expected as as per our analysis. In this further update on the same , we look into possible trade opportunities using FCP (Fibonacci Confluence Patterns) analysis technique. USOIL (Crude OIL) can reach 70 and bounce up but over time this market can still fall down. Rules: 1. Never trade too much 2. Never trade without a confirmation 3....
Traders, Dollar has been bullish as expected for months and ultimately it will keep on rising because on higher time frames it is forming a W pattern. These are the factors for its bullishness: 1. W pattern on multi year monthly time frame 2. Sideways Channel on Monthly time frame 3. Double bottom on monthly time frame 4. W pattern formation of Weekly time...
Traders, Gold has been rising after a huge fall. This is in a correction mode and we know that once a correction has ended, it is set yo resume the previous trend. But trade what you see. So far it is going up in bullish correction so we will favor long trades. Now in this top down analysis update we see what support resistance levels we can look for new...
Traders, We have been following dollar for a long time and we have seen it getting strengthened and now it is simply following price action to get more upward momentum. But as we trade what we see, we know that there are good chances that it can fall further down before it picks up momentum to the upside. In this top down multi time frame analysis update on...
Traders, A contrarian view is a must in analysis to get rid of the confirmation bias. Always look at the both sides of the coin ☺ Trade what you see :) 1. Retest of 30K 2. Possible Double Bottom 3. Bear Trap Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this...
Traders, EURUSD Rose Higher On M Pattern and reached target. It can still go higher a bit to test 200 sma which is just above. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅...
Traders, USDJPY is forming a good FCP W pattern and there are few very good zones which can attract the price to them and then reject it. So we can have both long and short opportunities. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the...
Traders, Gold has been respecting our levels and has been very good market for both long and short trades. Last week it went higher to 1902 level and then fell down immediately. This move gave us very good opportunities on smaller time frame. In this analysis update I show you a very simple way of analysing a market such as this XAUUSD one. No need to complicate...
Traders, Dollar is stuck between 2 FCP (fibonacci Confluence Patterns Zones) and now even though it is looking bullish, it may fall down short term before the next rise. So what can dollar do? What is our trading plan on the USDOLLAR? Is dollar strength still dying? For all those question please watch previous analysis and then this one. That should form a good...
Traders, No matter what your bias in a market is, you must trade what you see. I see that dollar has been forming a double bottom in a demand zone and also has been forming several bullish FCP Patterns along with rejections from the bottom. The higher time frame is also showing bullish signs. So all the downward pressure may just be a short term scenario and we...
Traders, Current state: 1. Gold has reached the higher supply zone of 1874 which we found in our weekly analysis. But 1875 is a better level 2. Higher levels are at the top which lead in to 1880-1900 area or even slightly higher above the round number Expectations: Bearish scenario: 1. I am expecting Gold to take a correction from this supply zone. This may...
Traders, USOIL Can Go Ballistic If This Happens: 1. It is right now in an FCP zone which acted as resistance we found good short trades. 2. If this FCP zone is violated and the price action confirms it, we can look for upwards FCP zones that we found in the previous analysis. 3. The first FCP (Fibonacci Confluence Zone) is at good round number USD 70. 4. If...
Traders, Bitcoin (BTUCUSD) has taken a nose dive after Elon Musk's tweet. But a correction in this market was inevitable anyway and the tweet simply acted as a catalyst. So what is the trading plan for bitcoin now? In this full top down in-depth analysis,we start from monthly time frame all the way down to 4H to find best possible support and resistance levels...
Traders, DOGECOIN (DOGEUSD and DOGEGBP) fell hard over night after the a great hype and media attention. But the FCP Analysis suggests that this can be a very good opportunity to buy this crypto as there is a good M FCP Pattern evolving. Risk Management and caution is needed but the opportunity is there for you to take. Here is my no nonsense full analysis,...
Traders, There is a good W FCP (Fibonacci Confluence Pattern) pattern has formed. Wait for the confirmation for a good trade. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅...
Traders, AUDUSD Looks like in a very good position to move higher at least for a day or so before correcting back downwards. Reasons: 1. 2 M FCP (Fibonacci Confluence Patterns) completed 2. 20 mA on the daily Time Frame 3. Trend Line Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research...
Traders, Recent fall in Twitter (TWTR) can be a very good opportunity to buy this stock for min 20% rise. The level to buy is around 50 in the FCP (Fibonacci Confluence Pattern) Zone where we have completion of M pattern along with a trend line support. Max level is 48.44. Stops should be beyond that. This is a quick and simple buy trade. Rules: 1. Never trade...