Traders, Gold is now at a crucial and slightly confusing point but can has huge trading potential as it is approaching 1800 levels.
Here are the bias:
1. Yearly Time Frame: Bullish But A Bear Cases Is Present Due To W pattern Completion
2. Monthly Time Frame: Bullish Due To Candle Stick Pattern Formation
3. Weekly Time Frame: Bullish But Consolidation May Occur...
Traders, Dollarindex is an important tool in analysing markets. In my opinion everybody should pay attention to what Dollar is doing as nearly all markets are directly or indirectly are dependent on USDOLLAR.
In this Multimeframe analysis we are going to see where we are and what sort of opportunities are available based on the market structure and Fibonacci....
Traders, in this hype free pure multitime frame top down analysis we start from 1 year time frame all the way down to 4H to see what is happening what are the important levels. We also learning about important fibonacci concepts. Bitcoin is bullish but it right now in a supply zone along with an FCPzone.
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Traders, We found this FCPPattern few weeks ago and we have been looking for a short position. (see the attached idea) That short position has reached it first profit target easily and now we are looking for further move down. However we need to also watch out for a case for upwards move. In this multiple time frame analysis, we will explore all possibilities and...
Traders, USDCAD has been bullish because of a pattern profit level hit and also because of several factors that we have been discussing about over weeks and past months. This long turned out be a great opportunity. Last week we bagged 100 Pips trade on usdcad. Remember, this can impact DXY (dollar) directly. Watch DXY analysis too. So what is next? Lets find out...
Traders, GBPUSD short gave us more than 400 pips last week. Now it may be slowing down as it is reaching a level where it may start to halt to reverse. We are still looking for good short opportunities but there are chances of getting long opportunities at these levels. We will wait for a entry confirmation to see where the market is going to go to. Lets see what...
Traders, Please watch the DXY analysis first. EURUSD has been moving down in September but last week, it ended on an indecision. In this multi timeframe top-down analysis we see what caused that and how can we build a trading plan around it for good opportunities.
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Traders, As I mentioned in the month of August that we could see upward movement in dollar in the month of September. That's exactly how it moved. Last week as well it moved higher after breaking a trend line and then created a bearish pattern. Now what? Lets find out.
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