#US30 #DowJones Top Down Analysis For The Week AheadTraders, Like SNP500 we were expecting US30 to fall to because of the completion of W pattern. Market started to fall but so far it has not reached its first profit target so that means it is still bearish. Lets see what opportunities we may have next week.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Fibonacci Confluence
#SNP500 #SPX Weekly Analysis & Forecast For The Week AheadTraders, SNP500 has been moving exactly to the levels that we have been predicting. We see that it has completed a W pattern and now is falling. We do have 2 opportunities long and short at the moment. So which one is better one?
Lets find out.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#DXY #DollarIndex Complete Top Down Analysis For The Week AheadTraders, Dollarindex is an important tool that we have in analysis. As almost everything is affected by dollar, it is vital that we analyse it. In this multi time frame analysis on dollar we see that it picked up bearish momentum last week and broke through few trend lines. This can have a direct knock on effect on the forex, indices and commodities market. So what is for the next week? Lets find out.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#GBPJPY Important Levels To Watch Out ForTraders, on request of my fellow traders, here is what I have come up with. These are the important levels to watch out for.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#USDCAD Has completed the M Pattern, Can RiseTraders, USDCAD as completed an M pattern that we have been watching for weeks. There was an initial reaction. This can run into a confirmation to go long for least first profit target. But beware of a small Head and Shoulders pattern formation too which is the M pattern itself. That can push the price further down. DXY still has room to go down.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#NASDAQ Is Falling From Our ZoneTraders, NASDAQ is also falling from our zone as expected after the completion of an extended W pattern that we analysed few weeks ago. It still has bullish momentum so we do not see a huge fall but it is moving towards its first profit target.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#SNP500 Reversed From Our Zone Hitting First Profit TargetTraders, We have been monitoring these levels and zone for few weeks now. SNP500 has moved exactly as we expected. It has completed the pattern and has started moving down. It has reached it first profit target.
All based on Fibonacci Confluence Patterns.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Predicting, Planning Trading Fibonacci Confluence PatternsTraders, In this educational video, we see an example of predicting a Fibonacci confluence pattern (stepper M pattern ), planning our trades around it with entry and profit targets with high accuracy.
This is indicator free analysis and I have used only standard fibonacci tool and a trend-line. Hope you will enjoy this and find this useful. Hit the like button and subscribe if you found this useful.
Thanks
-Vik
#EURUSD Has Come Back To The Zone To Complete The PatternTraders, as I mentioned this morning in my video analysis, #EURUSD Has Come Back To The Zone To Complete The Pattern and possibly test that trend line and 1.6 round number. This can very well be the beginning of a downward entrancement. Wait for a confirmation though.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Gold A Possible Pattern CompletionTraders, we have a pattern completion in this zone. This is a possibility but not a signal. The market is extremely bullish at the moment.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Full Top Down Structural Analysis Of #EURUSD - EducationalTraders, In this analysis we start from Monthly timeframe and deep down all the way to the 4H time frame on EUREUSD to see what is in the store for us and what sort of opportunity we have on EURUSD. This for educational purposes only.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#EURUSD has nearly reached a reversal zone Traders, EURUSD has nearly reached a reversal zone that I presented this morning in my mid week video analysis. We have good fib confluence here.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#DollarIndex Dollar Is Looking At These Important LevelsTraders,
DXY has reached a zone that we have been monitoring for sometime. The horizontal lines are important levels for the dollar. If dolloar moves down then EURUSD, GBPUSD, AUDUSD, NZDUSD will go up along with gold.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Gold #XAUUSD Reached Out Zone And Started Falling From ThereTraders, we have been monitoring this zone for few days now as a possible area to add to our short position. The market has reached there and reacted from there as expected.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#GBPUSD Short Opportunity Coming Soon Here In This ZoneTraders, we are monitoring this zone where a bearish W pattern completes on higher timeframe and confluences with 200sma. This can be a good opportunity for short as we also have a bearish pattern on the lower timeframe too.
This is what we discussed in out weekly YT video analysis too.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#EURUD Has just completed the Bearish W patternTraders, we have been watching this zone and this level for a possible bearish W pattern completion. #EURUD Has just completed that Bearish W pattern. This W also forms a double top with divergence.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#EURUSD Going for another pattern completion at this levelTraders, We came up with 2 patterns. One of them was completed and the price fell from 1.13689. Now the market is moving higher to the next pattern completion. This can potentially give us a very good short in eurusd because it will also complete a potential double top with divergence. At the moment EURUSD is long trade entry candidate.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#SNP500 #SPX Long & Short Trade Ideas (Important Update)Traders, SNP500 is looking very good at the moment. As mentioned in the weekly YT video analysis, this could go higher. That journey has started. This W pattern on daily time frame is going to be ultimate one because that will complete a weekly W pattern too at 88.6. That also means that we can see a deeper retracement downwards if this daily W pattern works. Meanwhile we can play a breakout to the upside all the way to that red zone.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Gold #XAUUSD Current outlookThis is the current outlook for the gold.
1. We are in a monthly high probability reversal zone
2. Monthly time frame and weekly time frame both are overbought
3. 1810 zone has been holding so far but it can go higher to create a double top around 1825 or so even a little higher.
#USDJPY Possible Day Trade Short OpportunityTraders, I am monitoring this opportunity for a day trade on USDJPY.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#NZDUSD Short Trade PlanTraders, This is what I am monitoring. I have take a short trade and planning to add more if it comes in the zone again.
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#EURUSD Possible Day Trade OpportunityTraders, we have a very important level coming up which can give us a short opportunity for day trade if the price gets there.
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#EURUSD Possible Head And Shoulders Pattern FormingTraders, watch out for this level. There is a Possible Head And Shoulders Pattern Forming.
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