Well, well, well, EUR/USD, you sly dog. Just when we thought the pair might catch a break, it doubles down on its favorite hobby—going DOWN. ? Since late September, this thing has been in a nosedive so steep it makes roller coasters look tame. ? And now? It’s giving us not one but TWO glorious bearish flags. That’s the market’s way of saying, “Hold my beer, I’ve got more downside to cover.” ? So, buckle up as we break down what’s happening with EUR/USD, why it’s acting like a currency in free fall, and just how low it might go. Spoiler alert: Parity might not be far enough. ? The Downtrend Diaries: EUR/USD’s Love Affair with Lows Okay, let’s rewind to late September. What happened? Oh, just EUR/USD deciding it was time to swap its bull costume for a full-blown bear suit. ? We’re talking lower highs, lower lows, and every technical analyst’s favorite phrase: "the trend is your friend" (until it’s not, of course). This week? The pair is snuggled nicely inside its second bearish flag, like a bear hibernating before its next big move. For those of you wondering, a bearish flag is when the market pauses, catches its breath, and says, “Alright, time to drop some more.” And let me tell you, these flags aren’t subtle. They’re practically screaming, “Hey, the trend’s still bearish—don’t get any ideas!” Why So Bearish? Let’s Blame the Usual Suspects The Almighty Dollar Flexing Again ? The USD is out here reminding everyone why it’s called the safe-haven king. Interest rates? Still high. Risk-off sentiment? Very much alive. Meanwhile, the euro’s like that one kid who forgot to study for the test—it’s just not prepared to fight back. ?♂️ Eurozone: Where’s the Mojo? Between slowing growth, sticky inflation, and the French government imploding (because why not?), the euro is struggling to convince anyone it’s worth a rally. Even the promise of €500 billion in defense spending couldn’t lift its spirits for long. If fiscal spending can’t save the day, what can? Bearish Flags Don’t Lie ? These flags are the cherry on top of the downtrend sundae. First, we had one around 1.0650, which broke lower like clockwork. Now we’re staring down another flag that’s coiled tighter than my jeans after Thanksgiving dinner. Once this breaks, well... let’s just say the floor is looking mighty inviting. How Low Can It Go? Let’s Talk Targets ? Now, if this flag plays out like the textbook says, EUR/USD could easily revisit 1.0450. And if that level doesn’t hold? Get ready to dust off those parity memes. Yes, I’m talking 1.0000, the big, scary, psychological level where everyone suddenly remembers how to panic. ? But hey, let’s not stop there. The lower boundary of the larger downtrend is lurking below 0.9900, and if the bears get really hungry, that’s where they’ll feast. ? The Sarcastic Silver Lining: What Would It Take to Flip Bullish? Oh, you want bullish scenarios? That’s cute. ? Here’s what would need to happen: The euro suddenly gets a personality transplant and decides it’s worth something. The USD forgets it’s the global reserve currency and takes a nap. A miracle. Like, divine intervention-level miracle. But seriously, unless EUR/USD breaks above 1.0600 with conviction (and by conviction, I mean a rally that doesn’t immediately fall apart), the bears are still in charge. Final Thoughts: Trade Smart or Get Wrecked ? Look, the writing’s on the wall. EUR/USD is in a downtrend, the flags are flapping, and the bears are sharpening their claws. This isn’t the time to play hero and try to catch a bottom. Instead, let the trend do its thing, wait for the flag to break, and ride the wave lower. ? And hey, if it does hit parity, at least we’ll have something to talk about at the next market meltdown party. ? Until then, keep those stop-losses tight, and don’t forget: the trend might be your friend, but it’s also got a dark sense of humor. Catch you next time, traders. George out. ?
As I mentioned in the previous analysis of gold, the $2600 level is a critical zone. The price has previously been rejected from this level and is currently showing signs of further upward movement. The next potential price target could be $2750. --- If you have any specific areas you would like to refine or if you need further assistance, please let me know!
In a barrier triangles waves B & D end at essentially the same level. There is probability E wave will exit. Exiting beyond trend boundaries is possible, but is not a strict rule. As you see on the chart the limit for the triangle correction is 0.305, if it exits, it may reverse at 0.36. When wave 5 follows a triangle, it is typically either a brief, rapid movements or an exceptionally long extension. According to projection by 1-subwave of the rally, the final actionary wave may reach 0,77 USD. Most likely, the 5th wave will cover at least the longest part of the triangle, which is the area of 0.53 #DOGECOIN
Bull run=safe long Now we have a corrective wave dropping into 0618 FIBO zone. Enter long
Geopolitical Tensions Drive Short-Term Gold Rally – Strategic Approach for the Next Move In recent sessions, geopolitical tensions, particularly Israel's military actions in Syria, have spurred risk-off sentiment, driving gold prices higher in early trading. However, despite the short-term surge fueled by geopolitical risks, gold prices have failed to break above last week's key resistance level at 2655. Given that gold is currently trading at historical highs, a correction or consolidation at these levels seems likely. We believe this rally is primarily driven by short-term geopolitical risk factors, rather than fundamental support. Once the market has priced in these risks, gold prices are likely to undergo a pullback, creating more favorable conditions for a long position at lower levels. Today's Strategy Recommendations: Short Strategy at Key Resistance: If gold rises above 2655, consider implementing a short position. If the price breaks above 2660, additional short positions can be added, anticipating downward pressure in the near term. Wait for Pullback to Enter Long: It is recommended to wait for a price pullback to a suitable support level before considering a long position. Exact entry points will depend on market reactions and technical signals. Disclaimer: This analysis is for informational purposes only. All trades should be executed with strict risk management in place, avoiding over-leveraging and ensuring capital protection.
Same scenario as in total 2 chart, we hit the resistance and expecting a correction in alt coins. Consider this opportunity as a very good buying option because trend is bullish. Just enter the market in the right moment. Be patient.
Following from back to back full 150 pip TP. Target same zones and order blocks, higher risk set up,1:5RR
As predicted in the previous analysis we reached the resistance on Total 2 chart and now going for a correction if BTC goes down (which is mkre likely).
“The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder
EURUSD 4-Hour Analysis The EURUSD pair is forming a head and shoulders pattern on the 4-hour chart, which is typically a bearish reversal signal. However, in this case, the price action suggests a potential invalidation of the pattern, favoring a bullish breakout scenario. If the neckline resistance is broken, it could provide a buy opportunity. Technical Outlook: Pattern: Head and Shoulders (Potential Breakout) Forecast: Bullish (Buy Opportunity) Entry Strategy: Enter a buy position upon a confirmed breakout above the neckline resistance with strong bullish momentum. Traders should monitor for bullish confirmation such as a breakout candlestick with increased volume or indicators like MACD signaling upward momentum. Proper risk management is crucial, with stop-loss orders placed below the neckline and profit targets set at the next resistance levels.