Dax has taken a little different route. It has been consolidating but last week, it created a massive bearish engulfing candle. Which can push the price to the FCP zones below. If the first one fails we have an M pattern completion at the second FCP zone. Beware of a gap around 17200 level. If you found this interesting please consider supporting this analysis...
EURNZD has completed a W FCP pattern but did not reverse. It is now at a structure resistance level which can make it fall. Wait for sell confirmation. If that comes this can be a good short opportunity. If the price breaks and confirms the previous high, we will go long based on the confirmation. If you found this interesting please consider supporting this...
The last standard W pattern had failed. EURCAD completed an extended W pattern. It showed some rejection from the top. We have a support level in there. If this support levels is broken and confirmed with a bearish signal, we can see a good short opportunity. Targets are on the screen: If you found this interesting please consider supporting this analysis by...
AUDCHF completed a W FCP pattern. This made the price fall. It has fallen hard and could possible be going towards the area where we have confluence of an FCP zone and 2 trend lines. This can be a good Buy area for a possible bounce up. As always wait for the confirmation on the smaller time frame. If you found this interesting please consider supporting this...
USDCHF is at a resistance zone. If the market make it a support zone and gives a bullish confirmation above it, it can be a good buying opportunity. At the moment it is at resistance level so if you want to go long, you must wait for a proper confirmation. Remember Buy at support and Sell at resistance :) If you found this interesting please consider supporting...
NZDUSD Can Rise From The FCP Zone & M Pattern As the chart indicates, we have an M pattern completion along with and FCP zone on the daily time frame. Wait for a confirmation based entry on smaller time frames. This can be a good day trade or swing trade opportunity depending on your trading plan. If you found this interesting please consider supporting this...
Summary The analysis reveals an upward trend in the exchange rate. The recent drop was expected due to overbought conditions, with prices now recovering towards the resistance level at 163.25. The Fibonacci analysis indicates significant support levels at 157.35, while resistance is identified at 162.00. Technical indicators suggest that it is too early to place...
AUDUSD has reached an area where it has completed a complex W pattern. There are a few levels and zones (as on the chart) to be watched. When W pattern completes, a correction comes. This idea is on the daily time frame, so wait for a confirmation on smaller time frame to execute trades. If you found this interesting please consider supporting this analysis by...
Japanese Yen collapse continues with its lowest closing price in 34 years. If it falls through 160, it will be the lowest level against the U.S. Dollar since the 1980s. It can get even worse. Let's look at some charts: 1. We are currently sitting at 160 resistance level where a W FCP pattern is completed which can give us a correction. This is the last level...
This is higher time frame bullish scenario on USOIL (WTI). This is only applicable if a bullish breakout occurs. 1. The price is inside a triangle which is getting squeezed and reaching its apex. That means we are going to have a breakout very soon. 2. Recently the price completed and M pattern and jumped higher. When M pattern completes the market goes...
GBPUSD had an explosive move last week. This was mainly due to a fall in USDJPY from a resistance level that I shared. See the attached chart. This made DXY fall and most of the USD based pairs felt the impact of that. Now GBP use is back in a possible resistance area. Watch out for a W pattern and these levels. If you found this post useful or information please...
Time and Space only exist between two points. You can build an entire grid system using only two points, and multiples of the distances between those two points. On a price and time scale, this can be useful in establishing critical levels used to assist us with trading. Which two points you choose can unfold entirely different results. In this example, two...
BKNG is an expensive stock; it id not get that way being a slouch. Summer travel is sixty days away. The 2H chart shows the highs of February followed by a paradoxical fall with good earnings. Traders wanted better. Price fell past the Fibonacci support zone and into the lower VWAP band lines. Fundamentally German regulators are suing BKNG for some issues...
Let me explain. These are all Fibonacci Extensions. The Market Maker is officially done imo so I am very comfortable posting these finished schematics. Many Extensions reach the exact ATH at 69k as you can clearly see... The Schematics are numbered Chronologically. #1-#8 are placed in the order they were created. #3 are the SUPPORT Schematics that are...
Inventure - A leading provider of investment advisory service and distributes financial products like mutual funds, insurance products, etc. The stock turned Multi-bagged when it multipled from 0.80 / Share to 6.75 / share in a matter of 22 months. Now - after a perfect 0.786 retracement on the Fibonacci scale - it is all set to beat its earlier bull run. Here...
www.tradingview.com RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which...
-This concept overall is called Fibonacci Clustering , which is laying over many different Fib Schematics on each-other... -I have combined 7 of my greatest Bitcoin Schematics into this one complete idea. -These Fibonacci Clustered charts have been battle tested for months. I have linked the original ideas down below to show how I first created these (by...
My most popular idea by far, with over 70 comments in half as many hours, is this one, which I've revised in order to show the Trend Exhaustion details w/in the AVWAP Array on the 1D chart. Again, if you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based...