Traders, Gold fell from highs after the formation and completion of a W pattern on weekly time frame. It reached the first profit target of the W pattern, bounced up and then came back down. It is now consolidating at an important level and there are few scenarios which are playing up. In this To down gold technical analysis and updates, we will analyse these...
Traders, Gold moved higher as expected from the FCP zone. We were expecting it to go little more down before moving higher but nonetheless it was inside the FCP zone which pushed it higher. In has reached an intermediate target FCP zone and performed a retest of the middle point of the W pattern. This still has potential to go higher to
1966, 1974, 1982-1989,...
Traders, EURUSD reached our bearish targets because of the M pattern. In fact market went much lower than that.
Now EURUSD can still fall much further down. If 1.2 level holds as a resistance then EUR is very likely to fall further down to 1.0416 as the intermediary target. Most probably the real target (as very quick one too 🙂 ) will be 1.02 level because...
Traders, this is the full analysis of XAUUSD (Gold) price. This has been covered several times in my video analysis as well.
Important W and M (FCP Patterns) are there in the chart. Read the notes they will guide you. Remember that this is higher time frame plan and take weeks or months. It may change as well in time so always put things in perspective of time...
Trader, Under current market conditions, Gold has been flying and is nearly at all time highs. Whilst all time highs can not be ruled out, we as traders must stay objective and assess all possibilities. In this quick and urgent analysis on Gold we will see what has happened and what is expected next. Important levels of xauusd are also in this analysis.
Trade...
Traders, UKOIL (Brent) can still go higher. It has reached an FCP zone so any long positions for swing trade are not good ideally. However there is a gap available at 98 and then we have round number 100. This can also push upwards of this FCP zone to reach the final FCP zone of 105. Then it will be a good candidate for a short.
Right now, trade in steps only....
Traders, this can be a short term opportunity to start with so risk management must be adhered to. DXY (dollar index) is forming 2 W patterns, (one small and other one bigger). These can push the price upwards. If the lower structure zone is broken then this idea will be invalid.
Trade what you see and ignore any hypes. Stay objective.
Rules:
1. Never trade too...
Traders, Bitcoin has just completed an M pattern in a consolidation area which can push the price upwards. This M pattern is also part of a bigger W pattern which in turn can push the price up. These are the levels and directions (arrows) that we can look at.
Trade what you see and ignore any hypes. Stay objective.
Rules:
1. Never trade too much
2. Never trade...
Traders, Gold had a great breakout. After hitting few of our bullish targets, it is now sitting at an FCP zone and 1900 round number which can create a short opportunity. In fact nearly all upwards moves on gold at the moment can bring us good short opportunities too. The horizontal lines and zones are potential targets areas and support/resistance. So make sure...
Traders, USDCAD has been consolidating for weeks but now it has started to show a sign which can push it higher. This can be multi week position sort of opportunity which is just about to start. See the chart for notes and levels. Take one steps at a time.
Trade what you see and ignore any hypes. Stay objective.
Rules:
1. Never trade too much
2. Never trade...
Traders,
The dollar (DXY) has been rising higher as expected. 2 weeks ago we published an update in which we mentioned that dollar was simply taking a healthy correction for the next move upwards. Dollar Index has exactly done that. It has tested an FCP zone and trend lines and gone up for parabolic move.
Dollar can still rise to 100, 103, 105, 113 on the...
Amazon has been in consolidation, has created equal highs (double top) and now with a little push it can fall down to FCP zone while coming out of the consolidation zone. This may not even stop there but a bounce up can come from there.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research...
Traders, DXY Dollar Is Still Bullish After Expected Correction. We have been expecting this correction as it had reached an FCP zone where it consolidated for quite a while. This correction that we had was a shallow one so if the USDOLLAR picks up momentum, it can again go into the next leg upwards parabolically.
On the higher time frame we still have structure...
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, Gold had a mix week. We hit few targets early on in the week and ended with a profitable trade but lost a trade too. The price action was slightly confusing. So in this Gold (XAUUSD) Further Update On Analysis And Trading Plan lets first see what we were expecting and what happened. Then we will look into possible trading plan for the next...
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
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