Traders, This is the analysis of Corn Futures ZC. 1. Price made structure break which means more down side is expected 2. But the price can go back up perform a. Sell Order Collection b. Stop Loss Collection c. Retest few levels 3. We currently have a wedge pattern which getting squeezed. A break below will push it to the lower FCP zone. 4. A break above...
Traders, This is the longer term structure analysis of Silver (XAGUSD). Silver is at a crucial support level which if broken and confirmed, will lead to a good fall to possible targets around 19 and even 15. This support level has been tested quite a few times already each time the bounce up is getting smaller. So watch out for a any bearish indication. On the...
Traders, Not much has changed on DXY. The dollar index is still struggling between FCP zone and its bullish strength. If we get a break and confirmation above the FCP zone, this can still go parabolic. In this DXY (Dollar/USD) Technical Analysis & Forecast we see various scenarios along with EURUSD situation. Rules: 1. Never trade too much 2. Never trade without...
Traders, Gold today has showed few conditions on smaller time frame which can put it on a trajectory for higher prices around 1850 or . There is a bigger W pattern now which can be formed and reached. Read the chart for more. 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...
Traders, DAX Can Still Rise Higher To This FCP Zone. 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. ✅ Follow me for future ideas, trade set ups and the updates of this...
Traders, USDJPY has been very bullish and it has come back up to the previous high which can help create a double top. It has also completed an FCP W pattern and started to show little rejection on the daily time frame. This means that it can fall down to 114.3 levels but due to the recent strength, if it confirm the momentum above 115.40 it can higher to the...
Traders, Happy New Year. As this is the start of a new year we reset our analysis and start afresh . Gold is showing some of the very important patterns to trade in 2022. Using our fibonacci based FCP analysis and candle stick patterns, we try to anticipate and forecast the bias and possible levels in XAUUSD. Gold is expected to be bearish this year but we must...
Traders, Bitcoin has still been falling down as expected because of completion of W pattern that we traded. Now last few days it has been working quietly on a Bull Trap and head and shoulders pattern. In our FCP methodology we do not use head and shoulders pattern because treat them as complex W and M patterns. But this is something to watch out for. Markets can...
Traders, APPL (Apple stock) can now have a correction on weekly time frames and quite possibly fall hard. The price is very extended and is due for a possible correction/reversal. Watching these 2 FCP reversal zones for possible confirmations. The confirmations must either multiple conformations on daily time frame or weekly time frame. Trade what you see and...
Traders, NZDUSD has been falling without any supports and has reached a level where it can finally stop, take a pause and reverse for an upward correction. At this level: 1. It has past structure 2. 78.6 Fib 3. Gap which has now been closed after a period of more than 1 year!! :) 4. Extended M pattern completion All these factors present us with a good...
Traders, We have been watching and trading FTSE 100 (UK100) for a long time now. After a huge consolidation it broke out and started to move upwards. It is not on its path to a critical level where we complete a good W FCP Pattern at pre-pandemic level along with a price gap. This should make the index fall. So we have great long and short opportunity ahead. Long...
Traders, USOIL has been breaking all short opportunities and is very over extended. Watch USDCAD for clues. If and when USDCAD will start to rise there are chances that will start to fall. There is a pattern there and it can fall any time. This fall will be sudden possibly based on some sort of news event with careful planning of their geopolitical agendas....
Traders, APPLE stock can fall as it is forming a pattern and is showing signs of fatigue. This comes along with Amazon, Google Tesla, and Netflix stocks showing same signs. This can have a knock on effect on the NASDAQ which is already trying hard to recover from the recent "so far" minor correction. Rules: 1. Never trade too much 2. Never trade without a...
Traders, NIFTY (NIFTY50) has been the best index. It has performed much better than US indices and has recently been competing with FTSE 100 too. The bull run is still on but it could shortly be coming to a halt or reversal when it reaches this FCP zone based on 161.8 Fibonacci Extension. Rules: 1. Never trade too much 2. Never trade without a confirmation 3....
Traders, TESLA can fall as we are reaching a supply zone, FCP (Fibonacci Confluence Pattern) zone and completion of a W pattern. There are 2 zones that we should be watching. 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,...
Traders, USOIL Has Reached Another FCP Zone With Divergence. Watch this zone for weakness and confirmation. For now the daily candle has a good momentum so wait for a good confirmation before trading Crude Oil. 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, silver (xagusd) has been inside a consolidation zone for a long time and after all those up and downs, it started to look very bearish. If the current support levels is broken, we are looking at a possible M pattern formation (along with an ugly head and shoulders pattern) which can push the price down to possible targets as shown. Usually silver follows...
Traders, Nikola price has been it badly but it has reached a level where it can be a good buy on the completion of a good FCP pattern. Beware of the fact that this pattern can become extended to the downside. Hence we have to possible BUY zones Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...