Bitcoin Forming a New Range?After all of the ups and downs over the past few days, I zoom out to a higher time frame to get a grasp of what's really happening. With three hours or so left in the day it looks most likely that the formation of a new range is in the works. I'm looking for two options over the next few hours, one being that it gets right back into the previous range and is all just a wick on the weekly chart which caused three days of panic for absolutely no reason. This would probably be hilarious but also the less likely outcome!
Chart Patterns
SOLUSDT CHART ANALYSİSISTRADING CRYPTO PROFITABLE?
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Bitcoin Dominance & The Fall of AltcoinsBitcoin has sold off sharply in recent session.
Allowing alt coins to capture small percentages of bitcoins liquidity which resulted in epic bullish moves.
Now that Bitcoin is retesting a major moving average (50 MA) we might see BTC recapture some of that crypto dominance.
Other alt coins are well off of their 50 day moving average making them a riskier buy.
When BTC dominance starts to take leadership we often see alt coins and the total market cap sell off.
Bitcoin dominance is hitting a multi year trendline and looks poised to capture some of the alt liquidity.
We still think BTC can sell off and go lower, but on a relative basis it should hold up better than other alt coins & Ethereum.
There are some key nuances that are building and shaping up for a very similar topping formation that occurred in 2021.
Week of 8/3/25: EURUSD AnalysisPrice was bearish all of last week until NFP, resulting in a shift in 4h and 1h market structure to be bullish.
Focus this week is being bullish and following 1h order flow until it reaches the extreme of the daily bearish structure to then be cautious and seeing where price wants to go from there.
Major News:
Tuesday: PMI
Thursday: Unemployment Claims
Loss of Momentum Pattern Into StructureSimilar to the OANDA:GBPJPY that I shared, the OANDA:EURAUD has put in a pretty aggressive and direct move into a previous level of structure. However, what makes this opportunity different than "the beast" is that as price approach our level of resistance we started to put in a rising channel which is a loss of momentum pattern along with other clues such as divergence on the RSI.
If you have any questions, comments or want to share your views, please do so below. Also be sure to hit that like button & give me a follow, that way you don't miss my future trading ideas.
Akil
Quick Video Updating Previous PENGU Charts SharedI wanted to record a brief video of my thoughts for PENGU and where we may be headed. This is an overall compilation from the previous charts shared and how/why I feel this was a good entry for a run towards ATH on this chart. It looks to me that we have a strong support level that has formed along with a quick wick testing a previous weekly level. Right now we seem to be in a small range and in need of some momentum to begin a strong move as this coin has been recently known to do. With it being a Sunday I am not sure we get it today, but would love to see it! Alerts set for confirmations for both right and wrong scenarios on this trade idea as always. Enjoy your weekend!
GBPJPY - Catching The Falling Knife... ConservativelyDon't catch the falling knife! This is a common warning in the trading industry. Although i do agree with it (in some circumstances), I think what's more important is for us to perform analysis and be confident on where that knife may find a floor at.
In the case of the OANDA:GBPJPY I think we've seen that floor which may present us with the opportunity to but IF... I say if because simply making that prediction isn't enough. As a trade, what I want to see if some sort of signal from the market (while at that level) that price is more likely to do what I predict, than not.
If you have any questions, comments or want to share your views, please do so below. Also be sure to hit that like button & give me a follow, that way you don't miss my future trading ideas.
Akil
Higher Timeframe Ice Zone - Lower Timeframe Double TopAfter a pretty rough end to the week the FX:EURUSD has rallied up into an Ice Zone - Which is a previous price level that has acted as both support and resistance in the recent past.
As we venture down to the lower timeframe we'll see that price action has also formed a double top level at that pattern which is a classic price pattern for a bearish reversal.
If you're looking for a more conservative entry then waiting for a 2618 opportunity could be something you do as well.
Please leave any questions or comments below & be sure to give me a follow if you want to be notified of my trading ideas.
Akil
This is a focus the Index marketIt's Sunday and you might want to look at the S&P when the Market opens later tonight. For 2 days the S&P went lower and I think you can categorize this as an expanding Market and it's very tradable. You can even miss the trade on Thursday and still make a good return on Friday. Also I would call this a spike pattern and my assumption is that the market had a range on the first day that was Thursday and then it doubled the range on Friday. There's very good volatility in the S&P and I believe there is an order to it that can help you find trades that otherwise leave you with no options when they really do exist. At the end of the video I put on a range box by definition it can't be a perfect box because I need a little bit more information probably on Monday but it might be Tuesday..... And it doesn't always work but if you take this approach to the market and if you use the tools that I work with including 2 bar reversals and you're willing to Short because sellers are who are making money on the S&P on Thursday and Friday and possibly own Monday. Most Traders will never short .... And they will miss tremendous opportunity. I will follow up on this Market on Monday or Tuesday.
DXY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Review and plan for 4th August 2025 Nifty future and banknifty future analysis and intraday plan.
Quarterly results.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BRIEFING Week #31 : S&P ATH may have been a TrapHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
DOLLAR INDEX DXYThe U.S. Dollar Index (DXY) is a measure of the value of the United States dollar (USD) relative to a basket of six major foreign currencies. It reflects how strong or weak the dollar is compared to these currencies collectively. The index was created by the Federal Reserve in 1973
The six currencies included in the basket and their approximate weightings are:
Euro (EUR): 57.6%
Japanese Yen (JPY): 13.6%
British Pound Sterling (GBP): 11.9%
Canadian Dollar (CAD): 9.1%
Swedish Krona (SEK): 4.2%
Swiss Franc (CHF): 3.6%
The DXY is calculated as a weighted geometric average of the dollar's exchange rates against these currencies. When the dollar strengthens against this basket, the index rises; when it weakens, the index falls.
The index is widely used by traders, investors, and economists to gauge the overall strength of the U.S. dollar in global currency markets and to inform trading and economic decisions.
In essence, the Dollar Index provides a standardized barometer of the U.S. dollar's value against its major international trading partners' currencies.
The U.S. Dollar Index (DXY) is trading near 98.684 of August 1, Friday market close.
July saw the DXY record its first monthly gain in 2025 (rising nearly 1%) as a a result of the demand floor on ascending trendline acting as dynamic support .but selling has resumed at the start of August on ADP data report, the current supply roof presents resistance to upswing capping gains on economic outlook and immigration enforcement concern.
Key Fundamental Drivers (August 2025):
Fed Policy & Inflation: The Federal Reserve kept rates steady at 4.25–4.50% in July, but persistent inflation (core PCE up to 2.8% YoY in June) and the impact of new U.S. tariffs are keeping rate cuts on hold for now.
Tariffs & Trade Policy: Fresh, globally-applied U.S. tariffs announced at the end of July have heightened risk aversion, helped the dollar find support, and stirred inflation concerns—as import price increases feed into core inflation data.
Interest Rate Differentials: While the Fed holds rates high, other central banks (especially the ECB and BOE) are signaling further easing. The resulting policy divergence still gives the dollar some support, but large inflows into alternative markets (e.g., eurozone equities, gold, yen) have also pressured the greenback.
Safe-Haven Flows: Risk-off sentiment amid trade tension and global policy uncertainty continues to prompt investors to seek the relative safety of the dollar, limiting its downside.
Composition: The DXY measures the value of USD relative to a basket of currencies: euro (57.6%), yen (13.6%), pound (11.9%), Canadian dollar (9.1%), Swedish krona (4.2%), and Swiss franc (3.6%).
The path ahead depends on upcoming U.S. inflation prints, additional Fed commentary, and how global markets react to ongoing trade disputes and central bank moves.
Longer term,
The DXY remains under pressure at the start of August 2025 but is showing tentative signs of stabilization just below the key 100 mark. The trend will hinge on Fed policy, global inflation data, and the impact of new tariffs on both inflation and global risk appetite. If buying breaks and close above weekly resistance roof then 104-103 can be reclaimed.
trading is 100% probability ,manage your risk and know that any key level can fail.
#dollar #dxy #money #eurusd #gbpusd #audusd #usdjpy
Gold in the strong bullish momentum.WE will be expecting gold to con tinue its climb as NFP.
A sudden rejection is seen on 1st of Aug a good strong sign of bull coming in.
point is where to trade.
i personally expect for a pullback and point of interest for me for now nearest will be 3345 next 3330 lastly 3310-14.
where can we expect gold to climb up to.
first pitstop will be 3391-3403 and next 3465-87.
all the best traders.
US10YTHE non farm employment data report has given us a reason to sell of US10Y.the lower than forecast of 73K was a big shock ,the slower job growth reflects caution amongst employers amid uncertainties related to tariff, trade and immigration policies. Wages grew with average hourly earnings increasing about 0.3% month over month. overall, the labor market shows signs of cooling but remains fundamentally resilient with payroll gains still keeping pace with working age population growth.
the US10Y COULD SLIP DOWN MORE ON ECENONOMIC OUTLOOK,IF THEY DONT DEFEND THE DEMAND FLOOR .
#US10Y #BONDS #YIELD
Gold Daily Bias – Bulls Have the Ball, But Watch the TrapGold Daily Chart – August Outlook
Bias is still bullish for August.
Price is holding well above the big 3M FVG ($2,900–$3,100).
Strong bounce from Weekly Low ($3,331) heading toward Weekly High ($3,416).
Above $3,416 we’ve got $3,451 (M-H) and ATH ($3,508) as liquidity targets .
Seasonal tailwinds could help push us higher into Q4.
Blind spots to watch:
Still range-bound between $3,330–$3,450 for months — no clean break yet.
Unfilled FVG near $3,210 could be a draw if we reject from resistance.
August liquidity is thin — spikes can reverse fast.
Triple-top risk if we reject near $3,450 again.
Game plan:
Bullish if we get a daily close above $3,416 (confirmation) and ideally above $3,451 to aim for ATH.
If breakout fails, I’ll target range play back toward $3,290–$3,210.
Bias = bullish, but I’m staying nimble.
Risk Capacity: The Real Reason Traders Blow Accounts | Ep. 4In this pre-recorded video, I unpack one of the most overlooked reasons why traders blow their accounts over and over again, and it’s not about your system, strategy, or signal.
It’s about risk capacity, the internal threshold your nervous system can handle before fear, greed, or shutdown kicks in.
This is part of my ongoing series on YouTube “Rebuilding the Trader Within”, where I reflect on the emotional and psychological dimensions of trading that no indicator can fix.
If you've ever found yourself repeating the same mistakes, feeling stuck at the same equity level, or losing composure in high-stakes trades... this might be the pattern underneath it all.
I'm still learning too, and I’d love to hear your thoughts. Drop a comment — let’s grow together.
#RiskCapacity #TradingPsychology #TraderMindset #RebuildingTheTraderWithin #ForexMentorship #TraderGrowth #InnerWork #ForexPsychology