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...
Preface
Hey guys! I've spent the last 4 weeks pretty much exclusively playing options to capitalize on the market chop and the volatility, first 3 weeks I did very well however last week I lost ~40% of what I made in those 3 weeks because I got cocky and played options based on speculation rather than charting. On Friday I decided to transition back into swing...
In summary we expect price to reach for the inefficiencies created from the September slump/pullback, will give us a fair idea when to take buy positions on the NAS100 Index and US30 index. Ideal it's buy on retest of the broken structure!
