Traders, Silver (XAGUSD) has been moving and yesterday it caught several analysts and traders by surprise. The reason behind that is that majority do not perform multi time frame analysis and do not see the hidden higher time frame levels which can act as support and resistance. In this multi time frame analysis I start from the monthly time frame and go the way...
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, 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, USOIL has been going ballistic since 40s USD. I suggested that it could rise to USD 50 and then to USD 72 level or so. It is about to reach USD 70 which can create massive volatility and trading opportunities. However it does feel like that this market is extremely over extended so my bias is shifting towards bear gradually. USD 70 may or may not be a...
Traders, We have Bitcoin coming in to a zone where a lot of factors can support the price at least for now. So this may be a good place for it to go up. We will have its effect by the end of week. 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,...
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, BTCUSD (Bitcoin) could be forming a bear trap and still has potential to go high after this week's close. A pattern is forming and if this breaks to the upside then we can see 61K-62K. Around that area we have few unfilled gaps too. I know that there are few unfilled gaps at very low levels too but for now this 62K one is closest. We also have FCP...
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, DXY (USDOLLAR) is being manipulated at the moment. We were expecting a push down but no so sudden. This last sudden move is actually good for us because that shows that very soon it is about to reach a level where it can be bullish again. An extended FCP (Fibonacci Confluence Pattern) has formed and market can simply go to the FCP zone below to collect...
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. ✅...