#SPX #SNP500 Weekly Top Down AnalysisTraders, SPX is back in the reversal zone but round number 3000 could be pulling it. So we will have to be careful if we are planning to go short on this. Here is my analysis.
Fibonacci Confluence
#BITCOIN #BTCUSD Weekly AnalysisTraders, Bitcoin has hit our profit levels exactly as we predicted and also has started to fall back down from the anticipated level of 10025. Here is the analysis for bitcoin.
#XAUUSD #Gold Weekly AnalysisTraders, I am still bearish on gold but so far it has failed to move properly and very much like other pairs and asset classes, it is also consolidating. We are waiting for a breakout ultimately.
#EURUSD Weekly AnalysisTraders, pretty much like dxy and most USD pairs, EURUSD has been consolidating. We are still waiting for swing trade opportunities. A breakout is imminent in my opinion.
#DXY #DollarIndex Weekly AnalysisTraders, DXU has been consolidating and there has not been many of swing trading opportunities. From day trading point of view it looks good. We are waiting for a breakout.
#GOLD #XAUUSD A Fake Breakout Can OccurTraders, there is a zone which gold can target to create a fake bullish breakout. We need to aware and vigilant of this zone.
P.S. (This is for education only. Not a financial advice or signal.)
#BITCOIN #BTCUSD Has Reached Its Profit LevelTraders, BTC reached it profit target. At this level I am expecting a reaction downwards.
#SPX #SNP500 Next Zone To WatchTraders, SPX has moved higher and now completing another pattern this way.
#GOLD #XAUUSD Consolidation & Pattern - The Short PlanTraders, the gold has been consolidating and we can expect a sqeeze to turn in to a breakout ultimately. At the moment is not evident which way it wants to go. But keeping my short bias intact, I get an opportunity, I will trade it like this. My entry will be between Entry and Stop level and profits as marked.
P.S. (This is for education only. Not a financial advice or signal.)
#AUDUSD Can Move Higher If 0.64764 Is Broken And TestedTraders, I can see that AUDUSD has reached a level where it can possibly push higher. But it needs to be break 0.64764 level i.e. close above on at least 4H or daily timeframe and retest. If that happens, we can look for 0.65440 level.
P.S. (This is for education only. Not a financial advice or signal.)
#SPX #SNP500 Is Probably Going To Retest 2900 & 61.8 FibTraders, 61.8 and 2900 were never tested properly. So the market has found strength to do just that. I have closed the previous short positions in profit and now I will wait for a better short opportunity.
P.S. (This is for education only. Not a financial advice or signal.)
#SPX #SNP500 Has Broken To The Down Side FinallyTraders, we have been planning for this for weeks. Now we have an opportunity to get involved. Here is small time frame target but that can lead us to high time frame targets too which I posted earlier.
P.S. (This is for education only. Not a financial advice or signal.)
#SPX #SNP500 Has Reached The Retest Level As ExpectedTraders, we have been waiting for the price to retest the zone. It is now showing signs of reversal. Now wee need to look for confirmation on lower time frames for short entries.
#GOLD #XAUSD Possible Bat Pattern ForningTraders, Gold has been consolidating and we know that consolidations lead to patterns. Here is a potential pattern forming on gold if the mid point at 1689.378 is broken.
#DXY Is Moving As ExpectedTraders, DXY has started to move upwards because of the mid points and moving averages. I mentioned that in my weekly analysis video. This is still consolidating and a breakout is expected. So we need to be careful with DXY, EURUSD and other USD pairs.
P.S. (This is for education only. Not a financial advice or signal.)
#EURUSD Fell To The Trend LineTraders, EURUSD has fallen to the trend line which was a possibility as I mentioned in the weekly analysis. Now If this trend line hold, we can see a bit higher movement. Keep an eye on DXY. Both of these are consolidating at the moment and a breakout is imminent.
#GBPUSD Has been Moving Down From The Zone As ExpectedTraders, GBPUSD has been moving down from the zone as expected. Past 2 corrections were not deep enough and this one may also follow the suit. But the momentum seems to be better this time.
#EURGBP Is Back In The Zone AgainTraders, EUGBP is back in the zone again. It tried twice to get out of it but failed to do so. Now bollinger bands are so squeezed that a breakout is imminent. That also means that either GBPUSD or EURUSD is about to breakout.
#Gold #XAUUSD Struggling But Showing WeaknessTraders, the gold is trying to fall below the zone that we have. On 1H chart is is also forming a potential Head and Shoulders pattern. On daily time frames the bollinger bands are squeezing. Short position are still doing fine so far.
#AUDUSD Short PositionAdded to audusd short position here
P.S. (This is for education only. Not a financial advice or signal.)
#Gold #XAUUSD Weekly Analysis & Trading PlanTraders, Gold has been moving down as expected however there few conditions which have changed. We must be vigilant now no matter we are long or short on gold. I discuss them here in my analysis.
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Have a great trading week!
P.S. (This is for education only. Not a financial advice or signal.)
#BTCUSD #BITCOIN Weekly Analysis & Trading PlanTraders, Bitcoin broke out of the zone that we identified previously and now it is going towards a level where we can a good shorting opportunity.
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Have a great trading week!
P.S. (This is for education only. Not a financial advice or signal.)
#SPX #SNP500 Weekly Analysis & Trading PlanTraders, SPX came to our zone and fell right from the level that we predicted. This is very accurate analysis. We have been monitoring this for weeks. Now here is my trading plan: Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
P.S. (This is for education only. Not a financial advice or signal.)
