Traders, USOIL has been breaking all short opportunities and is very over extended. Watch USDCAD for clues. If and when USDCAD will start to rise there are chances that will start to fall. There is a pattern there and it can fall any time. This fall will be sudden possibly based on some sort of news event with careful planning of their geopolitical agendas....
Traders, APPLE stock can fall as it is forming a pattern and is showing signs of fatigue. This comes along with Amazon, Google Tesla, and Netflix stocks showing same signs. This can have a knock on effect on the NASDAQ which is already trying hard to recover from the recent "so far" minor correction. Rules: 1. Never trade too much 2. Never trade without a...
Traders, NIFTY (NIFTY50) has been the best index. It has performed much better than US indices and has recently been competing with FTSE 100 too. The bull run is still on but it could shortly be coming to a halt or reversal when it reaches this FCP zone based on 161.8 Fibonacci Extension. Rules: 1. Never trade too much 2. Never trade without a confirmation 3....
Traders, TESLA can fall as we are reaching a supply zone, FCP (Fibonacci Confluence Pattern) zone and completion of a W pattern. There are 2 zones that we should be watching. 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,...
Traders, USOIL Has Reached Another FCP Zone With Divergence. Watch this zone for weakness and confirmation. For now the daily candle has a good momentum so wait for a good confirmation before trading Crude Oil. 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, We have been bearish on gold for quite a while now because the higher time frame is still showing bearish signs. At the start of the September 20201, I mentioned that gold could fall more to fill the wick of the August 2021 candle. That's exactly what happened and XAUUSD gave us very good short opportunities. Gold showed a little strength on the first...
Traders, DXY has reached one the of the targets that we had in our long term plan. We have been following the higher time frame structure which clearly pointed that the dollar index was bullish from 89.2 level. Since then our bias has been bullish irrespective of fundamentals and news. We also noticed that on the weekly timeframe, there was a W Pattern (FCP...
Traders, Gold has been following our plan. We have been bearish on the XAUUSD because of the higher time frame bias. Last week, our long and show plans played out well. Gold went back up to test the neckline of the Head and Shoulders pattern after a fall. And right now it is kind of forming a double bottom which can push the price up a little bit. In this quick...
Traders, Uber has been falling down and has not completed an M pattern. There is an extended version of the M pattern available below where we have better FCP Buy Zone. If the upper FCP (Fibonacci Confluence Zone) gives a breakout we can initiate a position and if and when it comes down to the lower FCP zone we can add the position. Targets are market in white...
Traders, Netflix made a great run and never gave a a chance to short beyond our sell level. (See the attached previous analysis idea). Now Netflix has gone out of the range to 1. Collect stop losses hence create a bull trap 2. Complete a W pattern 3. Touch 600 psychological level which was missed last time This not has a potential to fall to target below (white...
Trader, please keep this pair on your watch. It has been consolidating for a long time and it reaching a apex of the pattern. A possible breakout is expected. My bias is bullish but we will know only for sure when it actually happens. 😊 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research...
Traders, silver (xagusd) has been inside a consolidation zone for a long time and after all those up and downs, it started to look very bearish. If the current support levels is broken, we are looking at a possible M pattern formation (along with an ugly head and shoulders pattern) which can push the price down to possible targets as shown. Usually silver follows...
Traders, I have writing to you about DXY rising to 95/96 levels since the last year when nearly everyone and media have been bearish on it. DXY now has Weekly SMA in sight. It can take little breaks along the way but it seems to have fund good strength. If it continues to maintain this strength then, it will reach that 200 sma . In fast due to formation of the W...
Traders & Investors, SnP500 is standing at a critical level and is hanging by a thread. If this trend line is broken, there will be a danger of overall longer term wedge pattern to be broken too. 200 SMA is well below nearly 8% below the current levels. So watch out for stocks such as Google, Netflix, Facebook, Apple and Amazon for weakness in individual stocks....
Traders, Bitcoin can form a W pattern which can push the price upwards. It is right at the moment struggling with 200 sma on 4H. If this breaks then we can see the price rising to the FCP zone or even higher. But weekly chart shows a good bearish engulfing candle so this rise may be short lived. So do not think of this as trend continuation pattern. It may be an...
Traders, Price Gaps: Do you believe in them? Not all price gaps are filled. It depends on the market's behaviour. If in past, a market has been filling gaps, it is likely to do it again. These are are price gaps in Bitcoin Futures from CME. So far all CME Futures price gaps on bitcoin has been filled. Do you think if they will be filled? 🙂 Put your thoughts in...
Traders, Google (Alphabet) had one the best runs since covid-19 crash last year. The move has just been nothing short of the best parabolic one in any stock in recent times. However it may be about to change. For the first time, Google price action has started to show sign of a correction. And we know that when a parabolic moves corrects it usually is a quick...
Traders, AMC shares stabilised and started to rise. The price is forming a good W pattern which means that it can go higher from the current level. For the bullish move, we can target the 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 ✅ If you found this idea useful,...