Traders, AIRBNB stock broke out and can now form a complex FCP W pattern which can take the price higher. But after such a violent move, there can be some profit taking so it can first fall down a bit to test 200 sma and then if we get a confirmation to the upside, this will become a good BUY stock. Watch it closely. Rules: 1. Never trade too much 2. Never trade...
Traders, EURNZD is reaching an FCP zone which has confluence of few other things too on several time frames. So this FCP zone has potential to send the price higher. 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...
Traders, Nikola price has been it badly but it has reached a level where it can be a good buy on the completion of a good FCP pattern. Beware of the fact that this pattern can become extended to the downside. Hence we have to possible BUY zones Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...
Traders, after massive sell off, Gold (XAUUSD) has been looking for a direction. It is highly likely that it will go back up to retest the previous M mid points and in the process it will close the gap left and complete a bearish W pattern. Once it has completed that pattern it will be a good candidate for short opportunities based on confirmations. Right now this...
Traders, There is a lot of media ta the moment talking about Cathie Wood's ARKK ETF reportedly seeing record short interest as investors turn against the fund. However if you look at the charts, they tell you a little different story. In fact of the short positions story is correct, we might see a short squeeze. The price is right at the breakout point and from...
Traders, USOIL (Crude OIL) fell last week after retesting 70 dollars. It is now forming a bearish FCP M pattern which can push the price down into the FCP zone and then it can rise up. Manage your risk in this market especially at these levels. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...
Traders, NATGAS is inside another FCP zone where we have higher time frame FCP (Fibonacci Confluence Pattern) W pattern completed. This means that there are good chances of it taking a correction. The market has been very bullish and it may take a correction as few of these factors are lining up. Follow the arrows for directions and lines and zones for...
Traders, Dropbox (DX) can fall from the current levels as it has reached an FCP zone and is forming a wedge as well. However there is an inverse head and shoulders pattern which can play out in the longer term. A break out above the this zone can take Dropbox to the next FCP zone above. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never...
Traders, PFE (PFIZER) has risen to the a crucial level. Watch out for the move down. However a breakout above from this level can take this to 49/50 price and even higher. 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, NASDAQ consolidated and broke to the downside but then it quickly recovered in a V shaped structure which means that it now has potential to go even higher. So if this level breaks, we can expect higher moves into those levels (white horizontal lines on the chart) and/or zone above. Rules: 1. Never trade too much 2. Never trade without a confirmation 3....
Traders, FAANG (Facebook, Apple, Amazon, Netflix and Google) share basket is forming a hidden pattern which can push these stocks down. However there are certain conditions that we must have. In this top down analysis we see how Fibonacci Confluence Pattern (FCP Pattern) is forming a zone which can create a massive trade opportunity. If you are invested in any of...
Traders, Netflix has been running inside a consolidation range for a long time now and the close of this month can give us a good indication on the downward breakout of this consolidation. Expected targets based on FCP analysis are on the chart. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...
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, As tesla is expected to release their earnings today, we are ready with our trading plan. Here is what it is. Use the horizontal lines as support/resistance/targets. We have planned for both long and short and depending on the market movement, we can jump in with the momentum. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never...
Traders, USOIL had a great fall and we profited from that. We have been expecting it to fall further down but it recovered quickly Most probably to collect the liquidity once again. That means it can go higher and even higher than the previous high to collect the stop losses etc. That is why we plan for all eventuality and trade what we see irrespective of the...
Traders, Gold rose to our FCP zone and fell back down. We have been able to capitalise on the long move and then took short too as per the plan. In the analysis update of XAUUSD we see what opportunities we have on GOLD for the coming week. We also look at the higher time frame possible scenarios using FCP analysis. Rules: 1. Never trade too much 2. Never trade...
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...