$CADJPY Can Rise #CADJPYCADJPY has a similar pattern as USDJPY. Please see the attached USDJPY analysis:
Please support this analysis by liking and sharing. 👍🙂
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 setups, and updates on this analysis
✅ Don't hesitate to share your ideas, comments, opinions, and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Fcpanalysis
$GBPUSD Watch These 2 Zones On #GBPUSD Traders and Investors,
GBPUSD has been very bullish but the recent price action has started to show signs of fatigue. So watch these 2 zones (as marked on the chart) for a possible correction downward or trend reversal. A proper confirmation will be needed as the trend has been strong.
Please support this analysis by liking and sharing. 👍🙂
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 setups, and updates on this analysis
✅ Don't hesitate to share your ideas, comments, opinions, and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
$USDJPY Can Rise #USDJPYTraders and Investors,
Overall on the monthly and weekly time frame, it is still bullish although it fell down from the 150 level. Once this sort of thing happens, it is natural for the price action to revisit areas around previous highs to form a W pattern. USDJPY created a double top this week and fell down. now we are watching a few zones and the trend lines which can provide support to the price. If the price gets supported it can target that liquidity above the double top. This also can lead it to rise higher to complete a W pattern. The formation of the W pattern is bullish and the completion is bearish. So whilst it will be making a W pattern, it is expected to rise higher.
So watch out for these levels and trend lines in the coming weeks.
Check UDSDCHF also pointing a little bullish pattern here:
Please support this analysis by liking and sharing. 👍🙂
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 setups, and updates on this analysis
✅ Don't hesitate to share your ideas, comments, opinions, and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
$USDCHF Can Rise Soon #USDCHFTraders and Investors,
USDCHF has completed a weekly M pattern as we approach the end of this week. Remember this is a weekly time frame pattern so may take days and weeks but we can expect USDCHF to rise upward because of the M pattern and trend line. This can impact EURUSD inversely and also can give strength to DXY (USDOLLAR) which in turn can impact all asset classes.
Last week (the last week of April) a rise in this gave strength to DXY. This can happen again. So beware of this potential bullish pattern.
DXY, on the other hand, has a possibility of W formation of a smaller time frame which can push the price up
There are also a few gaps left on DXY as below in the chart. Bearea that we have a potential double bottom and 100 psychological number. So the market may try to come down to collect liquidity below the double bottom and 100 number. But even in that case, the potential bullish W pattern will still be valid.
Please support this analysis by liking and sharing. 👍🙂
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 setups, and updates on this analysis
✅ Don't hesitate to share your ideas, comments, opinions, and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
$GBPJPY Can Go Much Higher #GBPJPYTraders and Investors,
GBPUSD fell to multi-decade lows last year and since then it has been consistently rising up. Whilst GBPUSD itself was not moving that sharply up, other pairs such as GBPJPY showed much higher strength. GBPJPY last week/month crossed an important barrier. If this trend line and this correct resistance level are broken and confirmed, GBPJPY can rise much higher into FCP zones as marked on the chart to complete potential W patterns.
Please note that this is a Weekly/Month time frame so it can take months with a lot of ups and downs.
Please support this analysis by liking and sharing. 👍🙂
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 setups, and updates on this analysis
✅ Don't hesitate to share your ideas, comments, opinions, and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
DXY (Dollar Index) End Of The Year Full Analysis UpdateTraders and investors, DXY (Dollar Index) is still bullish and may continue to rise up. In the coming days or weeks please pay close attention to the price action before making sort of decisions in the market. Irrespective of the asset class or the market that you are trading, make sure that you are watching dollar as it can change impact your trading plan. In this End Of The Year Full Analysis Update we study some of the scenarios and possibilities which can result in great trading opportunities.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$NIFTY Possible Bull Target & Reversal Zones #NiftyTraders and Investors, there is a lot of joy, speculation, excitement and nervousness in the Indian stock market as it makes another all-time high today. This however can be very deceiving or a good opportunity. Depends on how to see and interpret it. 🙂 If you think this is way too high and it should take a correction or dump then it may just give you that sort of opportunity when it reaches one of those FCP zones or extension levels ahead. If you are bullish and expect market to continue rise higher then also we have these zones and extension levels as possible bullish targets.
Remember a few things about this market:
1. It has been consolidating for a while after hitting a major reversal level as you will see in the attached idea posted on Oct 13, 2021. This can still form a double top and fall down.
2. The Nifty 50 index has been taking divergence from US Indices this year. Whilst US indices fell Nity held its position strongly. But that does not mean it can no start to follow them again. The correlations come and go in time cycles.
3. This market cab target 20K level as well because that is psychological and is getting close. In terms of points, it is still too far but in the overall price action structure it is not.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
Is Gold (XAUUSD) Bullish? Think Again! - Full Top-Down AnalysisTraders and Investors,
The gold started to rise on NFP data last week. Now that it showed a few patterns playing out and rejection from a level forming triple bottom, is it really bullish? There are few scenarios which first look at before we start to make any decisions.
In this Gold (XAUUSD) analysis update we will look at what happened and what sort of opportunities can be there in coming days and possibly weeks.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$DOWI #US30 Can Go To Approx 38000 (ATH)Traders, US30 has been rising up as expected since it hit our FCP zone.
Now there is great pattern setting up which can push Dow Jones (US30) to the All Time Highs. There are few intermediate FCP zones (Targets For Longs Or Barriers/Resistance Zones) along the way.
lease support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$EURUSD Higher Time Frame Analysis - A Huge Opportunity #EURUSDTraders and Investors,
As promised, here is the update on EURUSD higher time frame analysis. Remember the last analysis here as below and then further update?
An FCP M pattern had already been completed a few weeks ago but the price has just been consolidating. Last week it showed first signs of bullish indication. Although not very strong, these are the first signs. This pattern can lead to a very good market turning opportunity. Refer to the chart. It is self-explanatory.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
Is DXY Still Bullish? Full Top-Down Analysis & Update!Traders and Investors,
The dollar fell on NFP data last week after rising on FOMC in the same week. Now that it showed a few patterns playing out and rejection from a level, is it really bearish? There are few scenarios which first look at before we start to make any decisions.
In this DXY (Dollar Index) analysis update we will look at what happened and what sort of opportunities can be there in coming days and possibly weeks.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$FTSE (UK100) Is Targeting All Time High As Bullish TargetTraders and Investors, FTSE is one of the best resilient indices which had one of the lowest impacts in last few months as compared to bearish US indies. Now last couple of weeks it has been making its move upwards which can set its trajectory to retest the previous high one more time. This can happen if the trend line and that FIB level is cleared.
This is looking increasingly bullish now.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$WTI #USOIL Can Start To Rise Further, Can Go ParabolicTraders, USOIL has been rising after hitting our FCP zone as below. If 2 conditions of this set up are satisfied, it can start rising parabolically towards 100 again where we have an unfilled gap too. Manage the risk though!
Aug 21:
September 26:
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$HSI Hang Seng Index Can Rise Up - Inside and FCP Zone NowTraders, I have been covering indices in depth latetly and what I see a common pattern is that US Indices has started to bounce back. US3 has been gaining for last 3 weeks or so, SnP500 is lower but gaining and NASDAQ is the only one which gained slowest. Hang Send Index (HSI) has reached 2008 levels but forming an M pattern. It is now inside an FCP zone which can push it upwards. Now think about the consequences of that.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Twitter ($TWTR) Can Rise Much Higher, Wait For A BreakoutTraders and Investors, Twitter currently is at an important structure zone. If that zone is broken and confirmed, it can rise much higher to the targets shown in the chart.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
DXY (Dollar Index) Full Top-Down Analysis Traders and Investors,
Dollar had a massive run for past year and is now inside an FCP zone. It is kind of stuck between 2 FCP zones and may consolidate there for a bit. On smaller time frames, there are few signs which can give us potential important hints on the next direction. Last week, showed a rejection pattern from the top which is still valid. if the market does not violate that it can still look for downward move at least for the short term. But as it has been very bullish, there may be a period of consolidation. On the other hand, EURUSD also showed a good bounce last week which can also be correlated with it.
On the bearish side of things there are several factors lining up for the dollar:
1. Completion of W pattern
2. price inside FCP zone
3. Trend Line touch a few days ago
4. Weekly divergence building up
As the market conditions are changing fast, risk management is a priority.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$EURUSD Can Rise Now #EURUSDTraders EURUSD has been waiting for a good bounce from 0.96387 level which it saw today. Depending on the market close today, if it closes a good strong candle there is a possible positions trade coming in EURUSD which can push the price to much higher-levels completing W patterns at these 2 FCP zones approx. at these levels. This may take weeks and possibly months.
1. 0.99500
2. 1.00500
As the market conditions are changing fast, risk management is a priority.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$DOWI #US30 Watch This Level For A Possible BounceTraders and Investors,
With the dollar strength the indices have been taking a beating. US30, US500 and US100 have been following the same pattern but the leading one is still Dow Jones (US30).
So far:
1. It has crossed the 200 sma on the weekly timeframe so a bounce/retest is expected at some point.
2. There is an FCP zone coming around round number 29000 which can act as support
3. An extended M FCP pattern is forming and will complete around the FCP zone.
So watch this area closely to find a confirmation to go long for a bounce.
Please support this analysis by liking and sharing. 👍🙂
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 #Gold Can Be Bullish Next MonthTraders and investors,
Gold has been falling for straight 6 months. Now that on the monthly time frame XAUUSD has broken the mid point of potential M pattern, it can try to retest. However it all depends on how it closes this week and month. So watch it closely.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
$SPY #SPX Watch This Level For A Possible BounceTraders and Investors,
With the dollar strength the indices have been taking a beating. US30, US500 and US100 have been following the same pattern but the leading one is still Dow Jones (US30).
On the SnP500 so far:
1. It has NOT touched/crossed the 200 sma on the weekly timeframe so a test and then a bounce is expected at some point.
2. There is an FCP zone coming around round number 3550 which can act as support
3. An extended M FCP pattern is forming and will complete around the FCP zone.
So watch this area closely to find a confirmation to go long for a bounce.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
Complete Dollar (DXY) Top Down Analysis =Where Is It Headed Now?Traders and Investors,
Dollar has been on a run again and it is moving towards our multi year target of 113 which we predicted nearly 2 years ago. Although it completed a W pattern and was inside an FCP zone, it did not have a substantial correction. On smaller time frames, it showed a little retaracement but that was not enough. The strength in dollar is taking it to our next multi year target of 113 zone. This zone again will have potential to push the price down or at least sow it a bit. After that we will have 116 as a new intermediate resistance followed by 127 zone.
In this DXY (Dollar) technical analysis we will study few scenarios which can help in understanding what is about to come next few days/weeks.
Please support this analysis by liking and sharing. 👍🙂
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.
____________________________________________________
#US10Y #Bonds Can Fall From This FCP ZoneTraders & Investors, US 10 Year Bonds have been on the rise. After a minor correction they rose higher but now they could be approaching an FCP zone which can act as a resistance. We also have Relative Strength Index divergence setting up on weekly time frame.
Out this on your watch list as this can impact stock market, indices and other asset classes due to money flow from this asset class.
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.
____________________________________________________
#BANKNIFTY Can Rise From The FCP Zone Traders,
BANKNIFTY Can Rise Intraday. We have an FCP zone and an unfilled gap. So watch out for this intraday opportunity. NIFTY
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.
____________________________________________________