Gold hits record highs ahead of FOMC! Tech SetupGold reached fresh all-time highs near $3690 ahead of Wednesday's FOMC meeting. Its rally reflects a perfect storm of Fed dovishness and geopolitical tensions, but technical divergences suggest positioning carefully ahead of Powell's decision. The 100% Fib extension and double divergence setup makes any hawkish surprise particularly dangerous for leveraged longs.
CATALYSTS DRIVING THE RALLY:
Fed rate cut fully priced in (25bps expected, some 50bps speculation)
US-China tensions escalate (Nvidia antitrust accusations)
Stephen Miron confirmed to Fed Board of Governors (dovish member)
Dollar weakness supporting precious metals
Surprising correlation: Nasdaq & S&P 500 also hit records alongside gold
TECHNICAL LEVELS:
Resistance :
$3,700 - Key psychological level
$3,750 - Next major target
$3,800 - Extended upside if dovish
Support :
$3,660 - First support for entries
$3,610 - Major support level
Previous swing lows - Stop loss reference
WARNINGS:
Double divergence on 4H & 1H timeframes
100% Fibonacci extension reached
RSI overbought conditions
Momentum diverging from price action
FOMC SCENARIOS:
Bullish Case : Dovish 25bps + accommodative guidance → Target $3,750-$3,800
Risk Case : Hawkish surprise or even neutral tone → Profit-taking toward $3,600-$3,500
KEY RISKS:
Powell emphasising inflation persistence
Resistance to aggressive cutting cycle
Hawkish dot plot projections
Any break below $3,660 signals deeper correction potential
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Fibonacci
Solana coin Long setupIn this video I go through the current price action and talk about how the 126$ target level was recently reached for a clean long entry and on the daily timeframe we printed a higher low .
I expand on my thoughts for a continuation to the upside and to retest some higher levels of resistance 180$s and time will tell if we print a higher high at the 180$s before retesting the $200 zone .
Solana coin up another 60% Whats next In this video I recap our previous video calling for a pullback into $150 with a target of $240 which has now been fulfilled .
The question is whats next from $240, we are top heavy and despite market structure still bullish I anticipate a move up to fill the single prints at $245/250 before a healthy pull back into $200 zone .
I also recap Bitcoin and the ETH /BTC pair
Take the trades level by level and plan ahead . Enjoy
Analysis on circle using tpo and regular chart longs and shortMust watch video giving 2 really nice Risk reward entries on the Newley listed stock Circle
In this video I highlight a region using limited data of where to get filled if you missed the IPO and want to buy some circle .
We are currently in a no trade zone for buyers as I anticipate that price will gravitate down to the .786/.886 level over time .
In this video I also use the TPO chart "Time price opportunity" and demonstrate what i am looking for from using this type of chart to add to my confluences for a high probability trade .
Also identified in the chart is a short trade off of the weekly pivots and the value area high of the range .
Thankyou for watching and i welcome any questions
ETH / XRP / BNB / SOL / BTC / HYPE: trend structure review Quick review of key altcoins and what I am expecting in coming sessions
BITSTAMP:ETHUSD briefly touched the key mid-term support zone highlighted in last week’s market review and is showing signs of accumulation. As long as price holds above September lows, I am looking for a potential move into ATH, with 5700 as a target zone.
If price breaks down below the 21EMA, the odds shift toward a deeper corrective wave into 4150–3740 support, where I would expect a higher low to form before the next advance phase into year-end.
Chart:
BINANCE:XRPUSDT double bottom potential, suggested in last week’s review, seems to be playing out. Price may be working on its first upwave within a larger uptrend toward ATH into year-end. For that scenario to remain valid, I would prefer to see price holding above 2.90, moving into 3.30 resistance, and then building a higher low while maintaining key EMAs.
Chart:
BINANCE:BNBUSDT price has briefly touched the key mid-term support zone from last week’s review and is following through with its upside trend structure into the macro resistance zone. As long as price holds above key EMAs, the next important resistance levels are 950–1000.
Chart:
COINBASE:SOLUSD price has held the key local support zone and is following through with its bullish potential. As long as price remains above key EMAs, I am expecting upside momentum to continue, with the next resistance zone at 255–285.
Chart:
CRYPTO:HYPEHUSD price is showing leadership action, as suggested as a potential in last week’s review. Local support is at 52. As long as price holds above this level and key EMAs, I am expecting follow-through action into the 60–65 resistance zone.
Chart:
BITSTAMP:BTCUSD price has potentially established a low and may be working on the first wave of a new macro uptrend into year-end. As long as price holds above yesterday’s lows, I am watching for a breakout above the 50DMA, with upside targets into the 120K+ resistance zone. From there, I would expect a higher low to form before the next advance and potential breakout into ATH.
Chart:
Feel free to comment which coins and assets you’re most interested in, and I’ll prepare a separate review on them.
Thank you for your attention!
The 3 Step Rocket Booster Strategy ExplainedIn this video i show you
the rocket booster strategy + Fibonacci levels.
So what is the rocket booster strategy:
It has 3 steps:
1-The price has to be below the 50 ema
2-The price has to be below the 200 ema
3-The price should gap down
In this video we see the bearish engulfing pattern
and the falling 3 soldiers patterns.
Watch this video to learn more.
Disclaimer: Trading is risky please learn risk management and profit taking strategies.Also feel free to use a simulation trading account before you trade with real money.
USDJPY Short: End of Triple Combination and ABC CorrectionOver in this video, I explained my previous mistake where I thought that we have completed a double combination but turns out to be a triple combination.
I talked about how the end of Wave Z was very near to the red trendline and that the move down yesterday was actually a wave 1 down and the 3-wave move up is actually an A-B-C that almost fulfill the A=C measurement (missing by 1 pip).
This idea is a positional play which I recommend doing slightly bigger size (anchor position + extra size) such that the anchor position will not be closed out until the very big picture is done but we can scalp the "extra size" along the way.
However, please take note to manage your risk well. The stop for this idea is 148.96 but if this is breached, I will look for another reversal signal and short and proceed with this idea because I do believe in the big picture set up.
Thank you and Good Luck!
Bearish Momentum for Bitcoin!Looking at the Daily Time-frame, we can see that the market structure has been broken. The high formed in the 14th of July, where liquidity was resting, was taken out and immediately price began its down-ward spiral! Within a period of 9 days, the low formed on the 2nd of August was taken out, qualifying that level as a breaker, but a more decisive move took place on the 25th.
Thus we can see, by the unwillingness of price to go above the breaker level, that the market is bearish! Right now, I am waiting for price to reach the 111,855 level to see how price will react.
All the best with your trading.
Bearish USDThis pair has been in the same spot for some time but I think now it's just about ready to continue selling! The liquidity resting above the equal highs will drive price up, which is going to lead some unfortunate sheep to the slaughter.
Fibonacci level of 62% is the ideal price level to short this one, with a stop just above the recent high.
All the best.
40% Upside Target for Ethereum Welcome All
In this video I zoom in on ETH on the weekly and highlight a key area to the upside of where I anticipate a good reaction .
In between that upside target there is every chance of pulling back for a higher low before that continuation .
Tools used in the video Fibonacci , Speed fan , Volume profile + Anchored vwap .
Each tool used delivered a solid confluence up at that marked target .
USDJPY Short: Completed Wave 2 retracement at 61.8%Following last Friday's idea to short USDJPY, now there is another opportunity to do a short if you have missed the previous chance. Or to shift your stop if you are still in the short position and have not yet taken your profit. Or to add in your short position.
Over here, I pointed out 2 main things:
1. A 3-waves completion (ABC) for the retracement up.
2. The retracement stopped at 61.8% of the previous wave down.
The stop for this idea is above wave 2 (>147.94). The preferred take profit is still at the trendline but for those of you who are doing more short-term trading, I suggested nearer targets using previous resistances.
Good luck!
Gold Trade the range until it breaks Short Setup Here is a quick video on the current range and what I see going into Friday with the Fed speaking .
I have given some key levels and reaction zones for what could be a volatile reaction in the gold price .
Tools used Fibonacci, Time price opportunity charts , Anchored vwap and bars pattern .
Any questions then please leave in the comments section below the chart
Bitcoin ManiaAt these price levels we sit at and the fundamentals, I have to be bullish overall. Although, I have an issue with wanting to call a top/be a contrarian. I see the possibility of a bitcoin top at the 120k and have a tighter band of 115 to 118k to guide me in the short term and at a larger level the 120k to 110k.
Ironically in my view it would be contrarian to be in a long right now, but could be the best trade of the day being at the lower 115k support and possibility of a strong reversal up to 120k.
At the moment, I am out of my "riskier" ETH and ADA longs to see what the market does at this price level. Ready to jump back in for some fun if we can setup with a nice structure.
not financial advice
XAU/USD Technical Outlook for the upcoming week In this video I look at the current PA of gold using TPO chart and correlate a plan for where we could see price go in the coming week .
I use a regular chart and TPO chart for this analysis as well as Fibonacci tools .
We are currently in the middle of a range and until that range is broken we plan ahead and seek the best high probability setup via looking at the charts and correlating with the News catalysts.
BTCUSDT Analysis: Key Drivers beyond Technical Insights Bitcoin is near new all-time highs, and there are three big reasons why. Let's break them down.
1. 📜 Favorable Regulation s
New, more open regulations in the U.S. are boosting investor confidence and creating a stable environment for crypto.
2. 💰 Crypto in 401(k)s
An executive order now allows cryptocurrencies in 401(k)s, integrating crypto into mainstream retirement planning.
3. 📉 Potential Interest Rate Cuts
Anticipation of future interest rate cuts is making riskier assets like Bitcoin more attractive to investors.
All these factors have contributed to sustained confidence among long-term holders.
Technical Insights
1. 1st Retracement: Towards the recent breakout area 118K$ to 120K$
2. 2nd support: Order Block, which is near 113K$ to 115K$
3. For medium-term support, Fibonacci Golden level around 108K$.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Nasdaq Short Again (nth time): Fibo Extension Level and 5-wavesOver here, I attempt to short Nasdaq again after another failure yesterday. This time, the 5-waves structure is supported by Fibonacci Extension level at 2.618x sub-wave 1 against entire wave 5 structure.
However, take note the circled area where I pointed out 2 imperfections in the wave structure:
1. Wave 4 overlaps Wave 1
2. Sub-wave 4 overlaps Sub-wave 1 (a comparison with S&P500 increases the odds that it may still be a valid count)
Given the imperfections of the wave counts, we still need to set our stop above the all-time-high to protect ourselves.
Good luck!
Nasdaq and S&P500 Short: Completed 5-wave structureIn this video, I explain my analysis of the Nasdaq and S&P 500 chart together with Gold (the risk-off indicator).
I point out 3 main reasons why I labelled the 5-wave structure as W-X-Y-X-Z instead of 1-2-3-4-5:
1. Wave 3 overlaps Wave 1.
2. 5th Wave did not make new peak.
3. Gold structure still supports a 5th Cycle level wave higher.
Regardless of how confident we are, remember to set your stop and respect it.
Good luck!
Bitcoin CME Closing Price: The Key to Next Week’s TrendIn this video I cover the CME closing price and go through a plan which includes a gap to the upside and a short squeeze before gravitating to the downside for lower targets .
I also give a bias for higher prices if the VAH is claimed .
This idea is modelled on the daily time frame and can play out over the course of the following week or more .
I also look at the Eth/Btc pair and the Btc dominance chart and marry whats happening on those charts with this idea .
When looking at BTC I use order flow software to further support my bias and the confluences I present in the chart.
If you have any questions then leave them below .
Support my work with a boost and Safe trading