Is Dollar (DXY) A Buy Now? Traders, Dollar has been finding its footing in the market. 2021 is expected to be bullish for the dollar with ups and and downs obviously. In this analysis of DXY lets see what levels and FCP (Fibonacci Confluence Zones) are important for the dollar. Even if you are not trading dollar you must watch this analysis so as to get an idea on how it can impact other asset classes because everything that you trade is directly or indirectly dependent on the dollar.
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
BTCUSDT needs to break 34k 🦐After our previous idea , Where we said $BTC.X to 30k, the price is testing 0.786 Fibonacci level and daily Resistance. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order.
Be careful in these days about news on $GME (GAMESTOP) and so on, the market is very nervous
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Perfect projection with Fiboncci confluence in UNISWAP DAILYTechnical analysis regarding the price of UNISWAP in relation of dollar Binance for the next scenarios, based on daily movement.
FIBO projection with resistance channels.
Price taking upward momentum. Taking the previous kick, I can get such channel levels where the price can go.
Price is vertical above the 34-period EMA, and it is moving away from each other ~ 89 periods ~ and the SAR Parabolic is driving the price (below, taking a bullish push)
The price has already broken its ATH and so far there is nothing to hold the price up! We can design FIBONACCI and see how far the price can expand!
CRYPTOACTIV has been respecting trend projections ~ see yellow lines
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Gold (XAUUSD) Update: What's Next StepTraders, 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.
✅ 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.
____________________________________________________
BitCoin Can Fall Hard - Head and Shoulders Pattern FormedTraders, Bitcoin has started to show bearish signs and now it is hanging on to its life at this current level. The current monthly candle can push the price downwards to either create a huge rejection candle with a long wick at the top or a bearish candle altogether. There is a head and shoulders pattern which is right at its neck level right now. If this head and shoulders pattern plays out then this month may end up a a bearish candle for the bitcoin.
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.
✅ 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.
____________________________________________________
ETHEREUM Can Go Higher - Short Term PatternTrader, Ethereum has confluence of trend line and an FCP (Fibonacci Confluence Pattern) zone . This can give us a good day trade or short term opportunity to go long. Traders who are looking to add to their long position, this can be a good area as well.
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.
✅ 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.
____________________________________________________
GBPUSD Analysis Update -Breakout May Occur But Trade The ChannelTraders, GBPUSD is consolidating on the lower time frame. However on the higher time frame it is getting ready for a breakout. So watch the analysis to understand what opportunities we have.
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.
✅ 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 Trading Plan Update - More Downside Can ComeTraders, Here is my multi time frame analysis for EURUSD pair. In this analysis we see possible scenarios and levels.
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.
✅ 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.
____________________________________________________
USDCAD Can Move HigherTraders, USDCAD is showing rejection signs at this FCP (Fibonacci Confluence Pattern) zone. This can push the price up. Keep an eye on USOIL as well.
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.
✅ 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.
____________________________________________________
USOIL Can Fall Further - Patterns EvolvingTraders, USOIL had a very good upward run and since it hit our target of 53.59 it has started to fall. This can fall a bit further. This is not a reversal. This is more like a correction on the previous move. There is head and shoulders pattern evolving which may work out. Also the price right now is in an FCP zone after completing the M FCP pattern (Fibonacci Confluence Pattern).
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.
✅ 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.
____________________________________________________
ADA hourly Analysis UPDATEwe have passed a correction after powerful bullish wave to fibo level that you see in the chart. now we have a ascending channel, triangle pattern and also high
Confluence zone marked as blue in the chart. we will wait for confirm to take buy or sell position depend of price action.
Dollar Is Rising But Pull Backs May OccurTraders, Dollar started to show little strength which showed up in USDCAD and other currency pairs too. All other asset classes such as Indices (SnP500, Dow Jones (US30), NASDAQ), Gold and Cryptos (Bitcoin etc.) started to show its impact. If the USdollar starts to gain strength it can reach 95/96 level but it may not be straight foward journey. So here are the important levels where we can expect pull backs.
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.
✅ 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 May Fall Further Down - Updated Levels & Trading PlanTraders, Gold sell off quite a but after reaching an FCP Zone (Fibonacci Confluence Pattern) Zone which coincided with a good supply zone and an FCP W Pattern. Now gold is at a support level which if broken can create another sell off. Remember on monthly chart, there are more levels for it to reach. The major levels to watch out for are: 1878, 1856, 1800/1795, 1765/1760. Treat these levels as support and resistance levels so you can take either long or short positions at these levels depending in which direction the market gives you a confirmation.
Biases:
Multi-month: bias is bullish
Weekly: bias a bearish
Daily: Neutral
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.
✅ 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 Trading Plan UpdateTraders, ERURUSD Fell From Monthly FCPZone and that we could see in the DXY (Dollar) strength. But as this pair has been in upward move for so long time, it is not going to simply fall down. Right now it is planning to consolidate and it is sitting on a major monthly Fibonacci support. There was a fake breakout but it recovered and now if this starts to move upwards then follow the upward arrows and horizontal lines (support and resistance). However if this current level is broken then we have better lower levels.
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.
✅ 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.
____________________________________________________
ZRXUSDT (0x / Tether) Dailyhi
here we have two specified TPs based on FibRetracment and FibTimebase and Fib Projections so we can see many Fibonacci confluences ate TP zones and can be very optimistic about this pair
probably we should be achieving the TPs in the TP zone box
it is a little big swing trade
please comment you opinions
thanks
BitCoin (BTCUSD) Bearish W Pattern (FCP ) Is FormingTraders, Whilst most bitcoin bull must be treating yesterdays' price action as "Return To Normal" phase, this may be a great opportunity for bears. Although the head and shoulders pattern did not work out, there is a great Fibonacci Confluence Pattern (FCP) W pattern is evolving. Here are important FCP Zones that I am watching.
If these zones are broken, then they will act as support. So you have opportunities on both sides.
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.
✅ 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.
____________________________________________________
ETHUSDT tested 0.618 Fibonacci retracement 🦐$ETH.X bounced on 0.618 Fibonacci, if the price will have a breakout from monthly resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BITCOIN (BTCUSD) Possible Head And Shoulders PatternTraders, Bitcoin has finally started to take a little break. This break may or may not last as the history of this asset tells us. It just simply moves and moves. Now that it is taking a bit of the break, we may have a head and shoulders pattern forming. As we know that neckline has to be broken if this pattern to work.
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.
✅ 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 Can Fall - Short Term/Day Trade Short OpportunityTraders, USDJPY has just completed an FCP (Fibonacci Confluence Pattern) and it is also being supported by VATA Moving Average. It has chances of falling. This can also give the required pull back for long a long trade
Never trade without a confirmation to enter.
✅ 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.
____________________________________________________
USDCHF Higher Time Frame (Monthly) High Probability FCP ZonesTraders, As DXY has been falling and eurusd has been rising up USDCHF has been going down to reflect the same. It right now in Monthly FCP zone but 0.87335 and 0.87289 are important levels as Fibonacci Confluence Pattern (FCP) Strategy. Look for daily time frame based confirmation if you are looking for long term corrective move.
Let me know if you have any questions in the comments below.
✅ 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) Update (Inside an FCP and Supply Zone)Traders, Gold is moving higher after breaking through the channel. Now it has reached a supply based FCP zone which can push it down or at least give it a little bit of break. So if you are looking for long then ideal situation will be a pullback and then continue with the uptrend. If you are looking for short term short position then based on some confirmation you can go short at these zones and levels.
Let me know in the comments section if you have any questions.
✅ 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.
____________________________________________________