The price is testing the 0.618 Fibonacci level on the monthly support (29k) On the daily timeframe the price is testing the 0.382 Fibonacci level as resistance. on 4h timeframe the price is creating a symmetrical triangle. How to approach it? IF the price is going to have a breakout from the 32k and retest it as new resistance, According to Plancton's...
Traders, DXY (USDOLLAR) has reached our target and last week started to take a little pause from its parabolic move which has been going on for weeks. The dollar index is still very bullish but this pause is a very much welcomed because it is giving us several opportunities across asset classes. In this in-depth analysis on dollar index we will look into higher...
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, here is my update on Gold (XAUUSD) using multi time frame analysis and FCP (Fibonacci Confluence Pattern) Strategy. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Neve rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅...
Traders, in this multi time frame analysis we see what sort of structure GBPUSD is making and how can they present us with trading opportunities. If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss. Disclaimer: The content on this analysis...
Traders, Gold fell from our high probability zone as per analysis. Please see previous analysis to understand the whole flow of analysis. (Links are below) It printed the biggest one day fall of this year and probably nearly whole decade. It created a bearish engulfing candle on weekly time frame and a Harami set up on daily time frame. It is also in the process...
Traders, Silvers moved higher to our level and went beyond. Now it is overextended and may fall down. Here are the reasons for it to take a break If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss. Disclaimer: The content on this analysis...
Traders, Bitcoin broke-out of an important level but again struggled with 12000 level. There has been a lot of profit taking. Bit coin had a history of fake breakouts so we need to see a proper retest before make a decision. In this multi time frame analysis we see what we have for us in the next week and month on this cryptocurrency. If you found this idea...
Traders, NZDUSD looks a lot like AUDUSD and I have a bearish sentiment on it. Here is my full top down analysis. ____________________________________________________ Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. Disclaimer: The content on this analysis is subject to change at any time...
Trader, Gold is again in consolidation mode after that fake breakout that I reported on May 8th. Now we are again looking for an opportunity to short this. ____________________________________________________ Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. Disclaimer: The content on this...
Traders, GBPUSD has some good opportunities in-spite of it moving slowly. Here is my weekly top down analysis. ____________________________________________________ Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. Disclaimer: The content on this analysis is subject to change at any time without...
Traders, AUDUSD has a short bias building up. Here is my weekly top down analysis.
Traders, EURUSD gave us very good profits. Here is my weekly top down analysis of this pair. ____________________________________________________ Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. Disclaimer: The content on this analysis is subject to change at any time without notice, and is...
Traders, here is my weekly full top down analysis of dollarindex. ____________________________________________________ Traders! if you like my ideas or have your own ideas to share on this market, comment below so that we can discuss. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose...
Traders, Tesla created the W pattern but around earnings time it got little over stretched to create even a better pattern. Since then we have been waiting for a confirmation to enter short. Last week it broke through a trend line which can act as our first confirmation....
Traders, GBPUSD has been consolidating but it ultimately moved and has been able to complete 2 of our fibonacci based targets. It also moved exactly as expected and predicted last week. We are in a short position now and looking to finish this as profitable trade....
Traders, SNP500 is still bearish but it could possible test 200sma which is coinciding with 3000 level. There was a great bearish pattern that was completed but failed to reach its target. Tried twice. So we can wait for that too. More inside..
Traders, If you have been following my analysis, this 2500 zone was predicted on 18th of April. Since then market had come to the zone and started showing an initial reaction. We will need further confirmation to go short on this. But so far this is looking good and there are a lot of factors for this to go down....