Traders, Natural Gas followed our analysis and plan and reached multiple target on both long and short side. After a move upwards to take a rejection from those important levels (Horizontal lines) it has come down to the FCP zone. Here we can expect a bounce back up as indicated by upward arrows. If this zone is broken and confirmed the next target will be the...
Traders, Bitcoin is right now inside an FCPZone (Fibonacci Confluence Pattern Zone) and we will need to see how this month closes. If it closes above it and we there us further confirmation then it can go higher to the upper zone which is even stronger than the lower one. There are 2 FCP Patterns completing. These will give us long and short opportunities on...
Traders, This is not a right time to trade markets but just FYI, BankNifty has completed a pattern which also has confluence with a bearish pattern on Nifty (NIFTY50). So there are chances that it may fall. ✅ 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...
Traders, GBPUSD like many reverse USD pairs has been moving upwards. After falling earlier a bit and giving us a good profit on the short side, it is now reaching another FCPzone where it can reverse from. If the zone breaks to the upside then it may target upper level and the next FCP zone. ✅ If you found this idea useful, hit the like button, subscribe and...
Trades, Gold may present a breakout today to the upside which can push it to the upper zone. Use arrows for direction and zones and levels as Fibonacci based support and resistance . ✅ 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,Bit coin has all time high but it has not completed an extended FCP pattern which is similar to Gold's pattern when that reached all time time. There are very good chances that it may take multi month downward move from here. However because the trend is strong, a daily/weekly based confirmation is needed. Never trade without a confirmation. ✅ If you...
Traders, We had a great day trade on AUDUSD when it fell from the FCP zone. Now it is back in the same FCP zone. If it gives a confirmation we can go short once more but there is another W FCP Pattern formed which can push the price to 0.75975 if it breaks through 0.75829. Use arrows for direction and zones and levels as support and resistance . ✅ If you found...
Traders, USDCAD has reached an important level on monthly timeframe and now it is in FCP zone. This can give us a bounce up. Must wait for a confirmation as the trend has been strongly down. Use arrows for direction and zones and levels as support and resistance . ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading...
Traders, This was always a possibility. Mainly because EURUSD was also looking to reach 1.22 level. DXY is now going towards 89.89. We must be very cautious at this level as there can be a lot of manipulations in the market. This is one of the last levels for Dollar to reach this year. If this hold then we can see good bullish movement. Else we will have to...
Traders, Long term Gold is bullish but it has not reached its short profit targets yet completely. Right it may give us a long opportunity before return back to the downward direction. Personally I have been waiting and taking caution in this market for last 1 and half weeks. I want to see a clear confirmation to buy or sell beyond the current FCPzone. Right now...
Traders, there is an FCP pattern completing right now and then in the FCPZone above. At each of these levels if you we get a confirmation, we can plan a short for a day trade. ✅ 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 analysis ✅ Don't...
Traders, there is a high probability set up on Indian Index Nifty (Nifty50). The market has reached a high probability FCPZone and can fall from there. The arrows show the direction and potential profit targets. As the markets are over stretched and we are in the final days of December, be careful with your positions. Trade only after confirmations. If the market...
Traders, We have been watching 1834 to get a confirmation to the downside on the gold. We now possibly have a Head and Shoulders Pattern after rejection from the FCP zone last week. This is not a huge probability set up but again adds to the overall downward move possibility . ✅ If you found this idea useful, hit the like button, subscribe and share it in other...
Traders, Dollar had a very bad year 2020 as we know. So far there have been only minor moves to the opposite side (upward) to show that it is still alive. However the major thing to note is that it could have been worse. The fall in dollar this year is huge but comparatively not that much if you look at previous moves. It also is finding support around 90.59 area....
Traders, Yesterday we had a good movement in USD pairs and EURUSD fell. But since then it started to up because of completion of a M (FCPPattern) . My bias stays bearish on EURUSD but we may find good short term long opportunities in the middle of these zones and levels. Always wait for a confirmation before taking a trade. Always have a risk and trade...
Traders, GBPUSD is right at the moment in an FCP (Fibonacci Confluence Zone) . Depending on one of the confirmation techniques that we have we will look for a short trade from here. The approx targets are at those horizontal lines. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments,...
Traders, EURUSD has been rising which was expected but it went higher than anticipated because of weakness in the dollar. In the next week, it may have a final push upwards to touch 1.22 level but because of signs of rejection, it is showing more chances of falling down. As we approach end of the year we need to be more cautious. Think risk before profit. ✅...
Traders, NZDUSD has been pushing higher and now it has started to show signs of rejection. But as we are reaching end of the year and the DXY has been pushing down, we need to wait for extra confirmation to take a short on this. I am watching these levels (blue horizontal lines) as my important levels. Always think risk before profit. ✅ Follow me for future...