Forming an Ascending Broadening Wedge. It looks like the bottom needs to get retested to confirm it and the current pattern to hold. After that if this pattern proves true then the next Bull run of 2026 - 2027 will be the massive breakout everyone is waiting for. Lets see how things play out.
EUR/USD 4H - Well well well, they call me the wizard for a reason. Would you look at that, our TP was achieved on the short position we predicted and now our long has been activated. This is a perfect representation of the type of content and analysis I produce, if you are wanting to learn how to trade like this all you need to do is follow my analysis and watch my videos. Short - This trade took profit for + 68 pips. (+ 4.2%) 4.2RR Long - This trade is currently running + 48 pips. (+ 5%) 5RR I provided this analysis this morning and yesterday so there are no excuses as to why you guys shouldn't or couldn't have taken part! A big well done to anyone who did jump onboard of either position, if you have make sure that you take partials throughout and manage your trade accordingly.
? Quick Market Update: EIA Report on FX:USOIL Crude Oil The EIA Crude Oil Stocks Change report is out, and it caught everyone off guard! The actual figure came in at -1.017M, significantly higher than expected. This is negative for Crude, signaling potential lower prices ahead. If you caught our last WMA announcement, you’re already prepared for this scenario. Based on the report: ? Expect Crude to decline toward $73 support. ? A potential bullish recovery could follow, aiming to break above the yearly descending triangle formation on the chart. ? Key Notes: No open trades currently. The fakeout is confirmed, so a dip towards yearly support strengthens confidence in our potential BUY trade. For now, stay put and let the market settle. ? Once we confirm a bullish reversal or continuation, we’ll look to go long. Remember, the overall market trend remains bullish, so stick to the trend and trade smarter, not harder! Stay tuned for further updates! ?
The XRP market is currently in a complex consolidation phase, with price action resembling a distorted flag pattern. This structure appears to be influenced heavily by market makers engaging in whip-saw behavior across altcoins, creating erratic volatility and liquidity hunts. Given the prevailing bullish sentiment across the market, the potential for a liquidity drain is high before any significant upward movement. I am anticipating a two-step scenario for XRP’s journey to $4+: 1. A Deep Cut Liquidity Hunt: Price action may dip to key liquidity levels as market makers exploit over-leveraged positions, shaking out weak hands before a strong reversal. 2. Bullish Continuation: Once liquidity is reclaimed, XRP could begin its ascent, driven by renewed buying pressure and macro bullish momentum. Target Zones for Entries: I have identified critical levels (green lines) where I believe the liquidity grab could occur. These levels serve as optimal zones for entries
Papa John's blows Dominos out of the water, and it is about time the market realizes that.
Title says it all. We are at a reversal day here. Candles are showing a hammer. Also we broke to the downside of the regression trend, we will bounce back into it with what is going on in the chart today.
Gold is making a correction in wave C, this is the highest of fi
On a weekly basis the aggressive selling has shown lesser momentum....If you want to buy, wait for it to break the downward orange trendline at least.....you can start adding few positions with every dip, but the amount of investment has to be very small.....probably 0.25% of your portfolio as I don't know when big money will step in, we are in unchartered area here....so buy little, if you want to get in, or wait for the break of the downward trendline......Use your own risk management....I have started buying and have multiple sell orders till 2000......
Gold extends its correction from the multi-month high it set above $2,760 on Wednesday and trades below $2,740 on Thursday. The 10-year US Treasury bond yield stays in positive territory above 4.6% after of US data, not allowing XAU/USD to regain its traction.
Analysis Overview #ARB is currently moving in a downward and sideways trend, but the chart is revealing strong bullish signals worth noting. Two key patterns stand out: Cup & Handle Pattern: A textbook bullish continuation pattern indicating potential upward movement. Falling Wedge Pattern: A bullish reversal pattern often signaling a breakout to the upside. Key Observations There are no bearish divergences or other bearish signals present, further supporting the bullish outlook. The resistance level is a critical zone to watch. A breakout above this level will confirm the bullish trend. Trading Plan We will wait for a confirmed breakout above the resistance level before entering a long trade. Proper risk management is essential to mitigate potential downside risks. Targets and stop-loss levels should be adjusted based on individual trading strategies. Conclusion With these strong bullish patterns and no significant bearish signals, ARB is poised for potential upward momentum. Patience is key—wait for the breakout confirmation before executing any trades.