$USDJPY - 2 Important Zones AheadTraders, USDJOY has been very bullish over months and now it is truing to go back to the previous highs. In the process it is creating a FCP Pattern which can push the price down at least for a correction. These are the 2 zones that we should be watching for trading opportunities.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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Take care and trade well
-Vik
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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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Vikinsa
$APPL Can Fall Now - W Pattern CompletedTraders and Investors, Apple Inc ($APPL) has completed a W pattern which can push the price down. It also has reached an areas of resistance so we can can expect a move down. The downward arrows show the possible bearish targets. However, if the apple stok breaks above the starting point of the W pattern and crosses the limit, then we should look for further bullish targets into 200s.
Manage the risk and make sure that you are watching stock movement closely along with US30 (Dow Jones)
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
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Take care and trade well
-Vik
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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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GBPUSD Can Rise As M Pattern Has CompletedTraders, GBPUSD can rise as an FCP M pattern has been completed. However this may not be able to push the price too high as the DXY is still rising and strong. So if you are looking for a smaller bounce then look for a confirmation on this GBPUSD pair and take the entry.
On the chart there are 2 arrows which point at the approximate profit targets. Take one step at a time and manage the risk.
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
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Take care and trade well
-Vik
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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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$EVER Is EverQuote About to quote higher prices?Traders, Like majority of the stocks in this market cap category there is an M pattern which has been completed. This means that we now have a bullish bias on this stock. A trend line has been broken and retested successfully which means that this stock price is ready to go higher. As the overall market is taking a little recovery (upside correction so far), this can be a good opportunity however I would rate this as a speculative buy. The set up looks good from the technical analysis perspective.
$BABA Is Alibaba Ready To Be Treasured In Our Portfolios?Traders, Speaking to my of my investor friend in the US around a year ago, I predicted alibaba to fall below 100 and that's when we could get a chance to buy back again. Alibaba $BABA Has been consolidating at the current levels for few months under 100 dollars. Now as it has created a very good pattern inside the bollinger band, this can become a speculative buy in our portfolio again. The risk is limited i.e. stop loss will be below last lowest low and the target much higher giving us very good Reward to Risk.
$ZM Is It About To Zoom Again?Traders, Zoom has fallen from its glory and created exact same structure as that of stock bubble. Now that it has reached its actual mean and is also creating an M pattern, it looks like a BUY. However it will be a speculative buy and we must keep an eye on the Indices as well along its price action.
On the other technical size, we have Bollinger bands squeezing which means a breakout is imminent.
Keep the risk management tight.
DXY (Dollar/USD) & EURUSD Technical Analysis & Forecast June 12Traders, DXY went higher after a shallow correction as expected. There are few scenarios now which we should consider especially if we are long on dollar. These levels and conditions can make dollar fall.
In this DXY (Dollar/USD) Technical Analysis & Forecast lets study those conditions along with EURUSD analysis.
There are 2 reasons for its possible falls too in the future:
1. There are several gaps left and the lowest one is around 90
2. W pattern makes a market fall from few specific levels.
So beware of these 2 cases.
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 (USDollar)- Target Reached! More Bullish? -In-Depth AnalysisTraders, DXY (USDOLLAR) has reached our target and last week started to take a little pause from its parabolic move which has been going on for weeks. The dollar index is still very bullish but this pause is a very much welcomed because it is giving us several opportunities across asset classes.
In this in-depth analysis on dollar index we will look into higher time frame structure of dollar using our FCP Strategy which we have been following and we will also look at the possible short term opportunities. Even if you are not trading Dollar, you must pay attention to it as it affects almost entire market including EURUSD, GBPUSD, AUDUSD and all USDXXX forex pairs and other asset classes such as Gold. So we will have a very quick look into these markets too.
On the bullish side, the chart clearly shows all possible targets if the market continues to go higher in coming weeks/months and years. This is a long term analysis so can take a long time, even years and things can change too in that duration. So take care of the risk.
There are however 2 reasons for its possible falls too in the future:
1. There are several gaps left and the lowest one is around 90
2. W pattern makes a market fall from few specific levels.
So beware of these 2 cases.
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) Long Term Analysis & Plan UpdateTraders, DXY (Dollar index) has been massively bullish as expected. Forget about what media has been saying about inflation, printing etc. The truth is that Dollar has been rising and markets worldwide have been getting affected by this move. Because of the general consensus, a lot of traders, investors and even institutions have found this move surprising and shocking. That is why we must analyse ourselves and trade what we see. 🙂
Dollar has been breaking out of a multi year consolidation range. I pointed out this possibility several times in last year or so because of a possible W pattern which was forming. This W pattern was going to form anyway but then covid came which pushed the DXY down. Now Dollar is back above the pre-covid level. Once this break out from the consolidation has been confirmed, USDOLLAR can rise mush higher.
On the bullish side, the chart clearly shows all possible targets if the market continues to go higher in coming weeks/months and years. This is a long term analysis so can take a long time, even years and things can change too in that duration. So take care of the risk.
There are however 2 reasons for its possible falls too in the future:
1. There are several gaps left and the lowest one is around 90
2. W pattern makes a market fall from few specific levels.
So beware of these 2 cases.
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) Full Analysis - Next Big Opportunity Coming!Traders,
Gold followed our analysis and fell from 1988 supply zone after completing a W pattern with good Fibonacci confluence. Now after few recent bounces up it is reaching a critical area which can define its future direction for a long term structure.
We have:
1. Possible completion of M pattern (FCP zone)
2. Trend Lines to support
3. 200 SMA
But if this area is violated because Gold already had few bounces in recent days consuming majority of Buy orders then it can fall much further down to 1700s. That can be a very big opportunity for shorting gold.
Presenting Gold Analysis & Forecast Updates - XAUUSD Technical Analysis For May 09, 2022
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) Further Update On Analysis And Trading PlanTraders, Gold fell from a level where a left over gap was. It did not even complete a W pattern and this possibility was discussed in the previous week's analysis.
No Gold has broken below an important trend line which make it bearish so the bias is bearish but as always we look into and prepare ourselves for all the scenarios. In this weekly analysis for Gold we explore bearish targets and bullish scenarios. Presenting XAUUSD technical analysis update and forecasts.
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.
____________________________________________________
JPY Pairs On Fire, CADJPY Has A Good Set Up Coming SoonTraders, USDJOU has been on fire since I published this breakout idea (see below). Now JPY pairs may take a little pause and can correct. They are still very strong so if you are looking to short, please ensure that you have a good confirmation.
CADJPY is a good candidate for this correction as it has one the cleanest set up available. We have 2 W patterns, one smaller one which is just about to complete. It should give a confirmation either this week or the next. If the mid point is broken then we can see further shoot up towards the completion of a bigger W pattern.
USDJPY on the other hand is about reach a zone with mid point around 128. After this we should see a little correction at least.
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.
____________________________________________________
USOIL (Crude OIL) /WTI Full Top Down AnalysisAfter rising paraboilically in past few weeks, USOIL completed a multi year W pattern and fell down for a correction. After a parabolic move, a market usually falls down to a shallow target level and tries to consolidates a bit before retesting few levels and making its move again in further correction. WTI (Crude Oil) is in the second stage of it. It is right now consolidating on higher time frames and is trying to test few levels before it starts to fall again. In this Crude Oil Analysis & Forecast Updates - WTI (USOIL) Technical Analysis For April 05, 2022 we will see the scenarios which may come in the play while trading USOIL.
Market conditions are still not very good and we have a new quarter along with new week starting. So trade what you are comfortable with. Do not rush into trades.
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.
____________________________________________________
Gold (XAUUSD) Further Update On Analysis And Trading PlanTraders, Gold fell from highs after the formation and completion of a W pattern on weekly time frame. It reached the first profit target of the W pattern, bounced up and then came back down. It is now consolidating at an important level and there are few scenarios which are playing up. In this To down gold technical analysis and updates, we will analyse these scenarios and important levels to play in the coming week.
Market conditions are still not very good and we have a new quarter along with new week starting. So trade what you are comfortable with. Do not rush into trades.
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.
____________________________________________________
🥇Gold Analysis & Forecast Updates - March 27, 2022Traders, Gold moved higher as expected from the FCP zone. We were expecting it to go little more down before moving higher but nonetheless it was inside the FCP zone which pushed it higher. In has reached an intermediate target FCP zone and performed a retest of the middle point of the W pattern. This still has potential to go higher to
1966, 1974, 1982-1989, 2000, 2024.
At 1974 we have potential Head and Shoulders pattern which may or may not play out so do not rely too much on it unless its neck line around 1888 is broken.
Remember that we have financial year end, quarter end and month end. Besides we still have war situation going on. So expect a lot of volatility and fake breakouts. Trade what you see and manage the risk.
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.
____________________________________________________
$EURUSD Reached Bearish Targets,Can Still Fall Much Further DownTraders, EURUSD reached our bearish targets because of the M pattern. In fact market went much lower than that.
Now EURUSD can still fall much further down. If 1.2 level holds as a resistance then EUR is very likely to fall further down to 1.0416 as the intermediary target. Most probably the real target (as very quick one too 🙂 ) will be 1.02 level because that is where the real value FCP zone is.
Below is the timeline history of them since our last analysis:
1. Original Analysis: NOV 15 2021
2. Nov 17, 2021
EURUSD: reached the important FCP zone. It can bounce up from here. To take longs, wait for a good confirmation.
3. Nov 17, 2021
EURUSD: getting a bounce from the FCP zone and important level 🙂
4. Nov 22, 2021
EURUSD: Stop loss collection is in process. Gap is filled.A secondary confirmation is needed to add to long or start a new long. Watching DXY closely.
5. Jan 03, 2022
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;
6. Jan 28, 2022
EURUSD: waited around the FCP zone, filled a gap and pushed a little higher. It got rejected by 1.14211 level. Now it is moving towards a gap and a bigger M pattern around 1.1 level. Again, similar to DXY it can push back up to retest the previous structure.
7. EURUSD now: (March 17, 2022)
$XAUUSD Full Long Term Structure Analysis #Gold #XAUUSDTraders, this is the full analysis of XAUUSD (Gold) price. This has been covered several times in my video analysis as well.
Important W and M (FCP Patterns) are there in the chart. Read the notes they will guide you. Remember that this is higher time frame plan and take weeks or months. It may change as well in time so always put things in perspective of time frame that you are analyzing and trading.
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.
____________________________________________________
Gold Urgent Update- Must Watch!Trader, Under current market conditions, Gold has been flying and is nearly at all time highs. Whilst all time highs can not be ruled out, we as traders must stay objective and assess all possibilities. In this quick and urgent analysis on Gold we will see what has happened and what is expected next. Important levels of xauusd are also in this analysis.
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.
____________________________________________________
#UKOIL Has Room To Go Higher #USOIL #Brent $WTI Traders, UKOIL (Brent) can still go higher. It has reached an FCP zone so any long positions for swing trade are not good ideally. However there is a gap available at 98 and then we have round number 100. This can also push upwards of this FCP zone to reach the final FCP zone of 105. Then it will be a good candidate for a short.
Right now, trade in steps only. Horizontal lines are possible targets and arrows show the direction.
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.
____________________________________________________
$DXY #DollarIndex Can Rise, W Pattern FormingTraders, this can be a short term opportunity to start with so risk management must be adhered to. DXY (dollar index) is forming 2 W patterns, (one small and other one bigger). These can push the price upwards. If the lower structure zone is broken then this idea will be invalid.
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.
____________________________________________________
$BTCUSD #Bitcoin Can Rise, M Pattern completed, W formingTraders, Bitcoin has just completed an M pattern in a consolidation area which can push the price upwards. This M pattern is also part of a bigger W pattern which in turn can push the price up. These are the levels and directions (arrows) that we can look at.
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.
____________________________________________________
Gold Important Levels To Watch Out ForTraders, Gold had a great breakout. After hitting few of our bullish targets, it is now sitting at an FCP zone and 1900 round number which can create a short opportunity. In fact nearly all upwards moves on gold at the moment can bring us good short opportunities too. The horizontal lines and zones are potential targets areas and support/resistance. So make sure you manage your positions around them. A deeper analysis is available on the channel. Although gold can fall any time for a correction next week, 1910 still looks like a good level to watch out for a confirmation on a short position. There are several liquidity areas available on gold which market can hit with a swift move so a fall to lower levels can not be ruled out.
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.
____________________________________________________
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.
____________________________________________________