USDCAD Can Be A Great Long OpportunityTraders, USDCAD has been consolidating for weeks but now it has started to show a sign which can push it higher. This can be multi week position sort of opportunity which is just about to start. See the chart for notes and levels. Take one steps at a time.
Trade what you see and ignore any hypes. Stay objective.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
Fibonacci Confluence
Gold (XAUUSD) Further Update On Analysis And Trading PlanTraders, Before hitting this FCP zone GOLD consolidated around 1843 level but we were expecting a bullish move to 1850 FCP zone. Above this zone (if confirmed) was a case for bullish gold. But market did not give us any confirmation and Gold fell from the FCP zone on the completion of a W pattern. The parabolic rise of the DXY (dollar index) pushed the gold faster downwards. Before falling down iot cleaned an area around 1847 which was expected. Now a similar area is below the current price. So Gold in the current for is in consolidation but tending towards bearishness again.
There are few areas where a lot of liquidity is resting to be grabbed so Gold can a little push to the up side but better level for it is below the current price where liquidity is. In this analysis we check out these scenarios and possible levels. Trade one level and case at a time. Manage your risk and positions wisely.
Trade what you see and ignore any hypes. Stay objective.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
BTC/USD - Fear & Greed combined FIBOS !!Hello trader,
Nice week and profitable deals 💲
Fear & Greed combines FIBO
For the future, we should note when in the heights, F&G shows a double top (see last 2 examples) highest willingness to be poor
The bottom was mostly found at F&G 10 ‼️
IMO is BTC in a 4h channel and contests the 1D MA200. Intuitively, I would assume a recovery. But this will only be confirmed when we break the channel ‼️
Here is a look at all divergences! 1D - 4h - 1h - 15min ‼️
This logscale post works perfekt ( Channel )
FIBOs, in yellow, act as resistors
Support should be provided by the current lows, 0.786 and 0.887, where my BUY ZONES are ‼️
My SL is below 29k, line in red
I want to mention that everything I post is just options and my own opinion!
Always trade with SL and do not risk more than 1% of your portfolio (max. 3%) per trade.
If you have any questions, please let me know
➡️If you like my posts, press the Like button, comment or follow me
Thanks for reading my ideas,
Trade save !!
$AMZN Can Fall to This Zone At 2800 #AMAZONAmazon has been in consolidation, has created equal highs (double top) and now with a little push it can fall down to FCP zone while coming out of the consolidation zone. This may not even stop there but a bounce up can come from there.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
1/16/22 AMATApplied Materials, Inc. ( NASDAQ:AMAT )
Sector: Producer Manufacturing (Industrial Machinery)
Market Capitalization: 148.382B
Current Price: $167.00
Breakout price: $167.00
Buy Zone (Top/Bottom Range): $158.80-$152.40
Price Target: $196.20-$199.40 (3rd)
Estimated Duration to Target: 146-150d (3rd)
Contract of Interest: $AMAT 6/17/22 210c
Trade price as of publish date: $4.35/contract
$DXY Dollar Is Still Bullish After Expected Correction #dollar Traders, DXY Dollar Is Still Bullish After Expected Correction. We have been expecting this correction as it had reached an FCP zone where it consolidated for quite a while. This correction that we had was a shallow one so if the USDOLLAR picks up momentum, it can again go into the next leg upwards parabolically.
On the higher time frame we still have structure intact and W pattern is still in the formation which can push the price further upwards. A fall below these trendlines and confirmation can give us short opportunities in this market but trade what you see and take one step at a time.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$ZC Corn Futures Medium To Long Term Analysis #cornfutures Traders, This is the analysis of Corn Futures ZC.
1. Price made structure break which means more down side is expected
2. But the price can go back up perform
a. Sell Order Collection
b. Stop Loss Collection
c. Retest few levels
3. We currently have a wedge pattern which getting squeezed. A break below will push it to the lower FCP zone.
4. A break above can go to upper FCP zone which is very powerful and can have better sell orders. From there a short based on a confirmation will make more sense. This short then can be held for a longer period of time (if conditions are favorable) as the market structure has been broken (BOS) mentioned in the point 1.
Trade what you see and ignore any hypes. Stay objective.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$XAGUSD Silver Long Term Structure AnalysisTraders, This is the longer term structure analysis of Silver (XAGUSD). Silver is at a crucial support level which if broken and confirmed, will lead to a good fall to possible targets around 19 and even 15. This support level has been tested quite a few times already each time the bounce up is getting smaller. So watch out for a any bearish indication. On the bullish side we have few levels as well around 24 and 26. If this it starts to go higher those bullish targets will be hit first and then we will have re-analyse.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
HOW-TO: FibDev Indicator and the Newest UpdatesWe previously published a HOW-TO on using this indicator, but since then the UI and the automated signals have changed noticeably. We STRONGLY recommend reading the first HOW-TO for this indicator as the core concepts are still the same (outside of the signals).
UI Updates:
We now hide the supply or demand zones if they aren't applicable to the current price action. If the price is in the neutral zone, there is no current target zone so both supply and demand are hidden. If price has broken out to the upside, we display the target supply zones at this time and vice versa for the downside, we display the demand zones. The way these zones are calculated is still the same, they are built using daily values and do not change through out the day (regardless of if/when they are displayed on the chart).
Automated Signals:
This is the biggest change, we are no longer generating automated signals based on possible reversal points of oversold and overbought price areas. This strategy can still be used, but there will be no signals created is all.
Instead, the signals are now generated when the price leaves the neutral zone and track momentum vs searching for trend reversals as before. When the price breaks through the neutral zone to the upside a Bullish Break Over signal is now printed implying that we see bullish momentum to the upside. The supply zones will display and now we are tracking the upside move with the indicator. The opposite for the downside break, Bearish Break Under signal and demand zones displayed for tracking the momentum to the downside.
Conclusion:
The indicator is now tracking momentum vs reversals, but using a combination of the Intraday Clouds and Neutral/Supply/Demand zones you can still use this for reversal setups.
Thank you!
Great Blue Trading Team
Gold (XAUUSD) Further Update On Analysis And Trading PlanTraders, Gold had a mix week. We hit few targets early on in the week and ended with a profitable trade but lost a trade too. The price action was slightly confusing. So in this Gold (XAUUSD) Further Update On Analysis And Trading Plan lets first see what we were expecting and what happened. Then we will look into possible trading plan for the next week.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$XAUUSD Trend Changing, Can Go Higher #GoldTraders, Gold today has showed few conditions on smaller time frame which can put it on a trajectory for higher prices around 1850 or . There is a bigger W pattern now which can be formed and reached. Read the chart for more.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$DAX Can Still Rise Higher To This FCP Zone #daxTraders, DAX Can Still Rise Higher To This FCP Zone.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
USDJPY - Bearish Pattern Complete - But Watch OutTraders, USDJPY has been very bullish and it has come back up to the previous high which can help create a double top. It has also completed an FCP W pattern and started to show little rejection on the daily time frame. This means that it can fall down to 114.3 levels but due to the recent strength, if it confirm the momentum above 115.40 it can higher to the next target. Watch DXY and EURUSD with this.
DXY Now:
The FCP zones have acted as good barriers making DXY take a correction. But it is still positive. We need more confirmation on either side to assess the right market conditions.
DXY Before:
EURUSD Now:
EURUSD weekly time frame now looks like this. It reacted to the zone late. As DXY is strong, it has not showed good reaction and it is more of a sideways action so far. It can still go higher if the conditions change as we are now above the FCP zone. But any weakness can bring it down close to the pre covid levels and gap which is left open;
EURUSD Before:
Markets can be very fragile in these first few days of the year so be careful.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
Gold - XAUUSD 2022 Full Top Down AnalysisTraders,
Happy New Year. As this is the start of a new year we reset our analysis and start afresh . Gold is showing some of the very important patterns to trade in 2022. Using our fibonacci based FCP analysis and candle stick patterns, we try to anticipate and forecast the bias and possible levels in XAUUSD. Gold is expected to be bearish this year but we must trade what we see so in this full top down analysis we try to see various scenarios that Gold can play out and how those scenarios can turn into trading opportunities.
Markets can be very fragile in these first few days of the year so be careful.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$NASDAQ Can Fall For A Correction $NAS100 Traders, While US30 (Dow Jones) has been taking a correction, NASDAQ pushed higher. This can created a good opportunity short the market of the confirmation comes. The market is created wedge and bearish divergence based double top set up. Coming week will be very important for NAS100. Trade this market for a reversal carefully as it is still in heavy bullish trend.
Trade what you see and keep the risk management tight.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$APPL Possible Reversal Areas (FCP Zones)Traders, APPL (Apple stock) can now have a correction on weekly time frames and quite possibly fall hard. The price is very extended and is due for a possible correction/reversal. Watching these 2 FCP reversal zones for possible confirmations. The confirmations must either multiple conformations on daily time frame or weekly time frame.
Trade what you see and keep the risk management tight.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
2-Day Perspective XABCD Pattern with Fibo ratiosHi traders. This Is my overview for a hypothetical price action for this trend and the next two days based on the Fibonacci ratios principles in a possible ABCD pattern. Therefore, in this scenario, we're in an BC retrace by the next ten hours which anticipates an CD upward to finishes a BEARISH Gartley Pattern XABCD, which a previous rule Is an AB swing retracing either 68.1% of the XA swing. Furthermore, CD swing Is aiming the potencial reversal zone PRZ (51-52k range) at supply area (above 52k). Patience Is needed for a confirmation. I marked this sector in grey to indicate a don't-trade zone. A long opportunity Is possible through the CD trend. Thanks for the attention.☕ If you liked my analysis, press like button.
$FTSE Can Rise One More Time To Fall - Important Key To MarketsTraders, FTSE (UK100) completed a huge bearish W pattern which gave us the level 7339. (See the attached idea). It missed the an important pre-covid level where we have a gap left. Last time it came very close and fell down for an initial reaction to create a bear trap. Now it will most probably try again to close that gap up and collect few stop losses around the FCP zone. This can be very good opportunity to short FTSE100 market for longer term.
US30 (Dow Jones), US500 (SNP500) and NASDAQ (NAS100) all have been closing their past gaps. US30 has few left close to all time high. As these gaps are closed on the high side, only bottoms ones will remain. FTSE is one of them. Having said that, do not take gap in to your trading strategy as gaps may take years and decades to fill.
Trade what you see and keep the risk management tight.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
Coffee Can Become Cheaper - Reaching Reversal FCP ZoneTraders, Coffee like other commodities has been on a huge run this year. But now it has reached a point of pause, correction and possibly reversal too. So coffee futures can fall down from the FCP zone. Wait for a confirmation as the market has been trending hard upwards.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
$NZDUSD Can Finally Reverse And Rise For A CorrectionTraders, NZDUSD has been falling without any supports and has reached a level where it can finally stop, take a pause and reverse for an upward correction.
At this level:
1. It has past structure
2. 78.6 Fib
3. Gap which has now been closed after a period of more than 1 year!! :)
4. Extended M pattern completion
All these factors present us with a good opportunity for a long position. The trade idea is on daily time frame so it may be slow and can take days, possibly weeks.
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 and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 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.
____________________________________________________
USD/CAD - Great SHORT opportunity !!Hello trader,
Nice week and profitable deals 💲
USD/CAD 8 h chart
This chart happens on Fibo and EW !!
We have reached the target zone 0.618 of Wave 1 or B, as well as 0.236, the first target of Wave 5 of 5. The OBV is also in this area.
So we have a nice cluster for a SHORT, but wait for confirmation in LTF !!
SL and TP in the chart,
Fibos act also as TP
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
If you have any questions, let me know
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas,
Trade save !!
Fib Circle dump example scenario ATOMUSD
As per the above chart, I have found a possible example that may play out the same
The premise is price dumps along the side of the Fibonacci circle
I think this is because the price is "attracted heavily" to the circle as it dumps, causing this chart phenomena
I don't want to spread fear for ATOMUSD hodlers, simply trying to find another example. It could play out completely different.
If anyone knows more about this, comment !