I am SO SORRY about the scratchy sound. I was being lazy and resting my laptop on my legs in bed. I thought it would be more useful to explain my thought process rather than post a static photo. Let me know if it helped. This is just a theory and SHOULD NOT be taken as any sort of investment advice. This is just for fun and to inspire you to connect the dots...
Short video of where we are trading on the BTC chart
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, 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, 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, Gold (XAUUSD) has become over extended and it had a potential to go parabolic but because it corrected last week, it has turned slightly bearish. But it may not be over yet. There are few targets to the up side whereas this market if given a good confirmation will lead to good short trade opportunities soon. So what lies ahead? Lets find out in this Must...
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, 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, 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, This is in continuation to what I posted earlier today. Please see the attached ripple (XRPUSD) Crypto idea. 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...
Traders, DXY (USDOLLAR Index) has been rising from our FCP (Fibonacci Confluence Pattern) Zone nicely as expected and predicted. This is expected to have minor pullbacks but rise further upwards to close a gap at the previous high. If you are trading any DOLLAR based currency pairs such as EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, NZDUSD, AUDUSD then this full top...
Traders, As DXY is picking up strength, EURUSD and other similar pairs such as GBPUSD, AUDUSD, USDCAD and USDCHF can give give us very good opportunities. If you have not seen the DXY analysis for the USDOLLAR, it is a must thing to do. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...
Traders, further to my analysis over the weekend, this is an update on Gold (XAUUSD) using FCP Analysis technique. 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...
Traders, Both UKOIL and USOIL worked exactly as we expected. They both fell right into our targets. Now there can be little ups and downs but these markets are still bearish. So lets see what trading opportunities lie in these 2 commodities markets with our FCP (Fibonacci Confluence Patterns) analysis. Rules: 1. Never trade too much 2. Never trade without a...
Traders, DXY has been bullish since it hit 89.89 level which we predicted in August 2020. Since then the progress has been slot but stead as well. Now DXY can look for a minor correction just to support the previous bearish move down. Remember we are in a corrective phase at the moment so the market will try to resume the bearish momentum at least once more. So...