Elliott Wave Analysis XAUUSD – 5/12/2025
1. Momentum Analysis
D1:
Daily momentum has begun moving into the oversold zone, indicating that the current corrective phase may be nearing completion. We will wait for a bullish daily candle to confirm the reversal.
H4:
H4 momentum is declining, suggesting that price may continue to drop or move sideways to bring momentum into the oversold area.
H1:
H1 momentum is currently rising, so the market may see a short-term upward move or sideways action at this timeframe.
________________________________________
2. Elliott Wave Structure
D1 – Higher-Timeframe Structure
Price remains within the green ABC structure of wave X.
With D1 momentum entering the oversold zone and preparing to reverse, the market may continue upward for 4–5 days.
The upward momentum range on D1 is quite large, meaning wave C could push higher toward the previous top or even exceed it—potentially forming an expanded flat or even initiating a new uptrend. We will continue monitoring to refine the strategy.
________________________________________
H4 – Medium-Term Wave Count
Price is currently forming green wave 4, developing mostly sideways.
A strong bullish candle will likely confirm that wave 4 is complete, allowing the market to begin green wave 5.
Projected target for wave 5 (green): 4329
________________________________________
H1 – Short-Term Structure
Price is fluctuating inside a major liquidity zone:
• Upper liquidity zone: 4184 – 4245
• Lower thin-liquidity zone: 4144 – 4184
This creates two possible scenarios:
________________________________________
Scenario 1 – Black ABC correction
If price closes below 4184, it will break through the thin-liquidity zone.
In this case:
• Wave C (black) targets 4144, where C = A
• If price drops deeper into the green wave 1 area → the current wave count becomes invalid, and a new structure will be updated accordingly
________________________________________
Scenario 2 – Triangle structure for wave 4
If price fails to break below 4184, the triangle pattern for wave 4 remains valid.
The two red trendlines outline this structure, and price may currently be in wave d or e.
We will wait for a strong bullish candle breaking the upper triangle boundary to trigger a breakout entry.
________________________________________
3. Trading Plan
Triangle scenario
• Wait for a bullish breakout above the upper boundary.
ABC correction scenario
• Wait for price to reach 4144 to trigger the buy setup.
________________________________________
✅ Buy Zone: 4146 – 4144
❌ SL: 4124
🎯 TP1: 4184
🎯 TP2: 4245
🎯 TP3: 4329
Wave Analysis
#Banknifty Directions and Levels for December 5: the higher time-frame structure is still showing a solid bullish bias. So if today’s market turns green, we can expect a minimum of the channel top (short-term target). On the other hand, if the market breaks the current swing bottom, we can expect 100% to 127% extension targets for a minor correction. If we call that structurally a flag pattern, AB=CD pattern, or a C wave, then the implications would align accordingly.
#Nifty Directions and Levels for December 5:Good morning, friends! 🌞
Market Directions and Levels for December 5:
There were no changes in the global or our local market. The Dow Jones indicates a moderately bullish sentiment, while our Indian market indicates a moderately bearish sentiment. However, today the GIFT Nifty indicates a neutral opening.
What to Expect Today?
Today we have a RBI monetary policy announcement. It’s a volatile day, and movement will depend on the event. In my charts, the higher time-frame structure is still showing a solid bullish bias. So if today’s market turns green, we can expect a minimum of the channel top (short-term target). On the other hand, if the market breaks the current swing bottom, we can expect 100% to 127% extension targets for a minor correction. If we call that structurally a flag pattern, AB=CD pattern, or a C wave, then the implications would align accordingly.
$SPY & $SPX Scenarios — Friday, Dec 5, 2025🔮 AMEX:SPY & SP:SPX Scenarios — Friday, Dec 5, 2025 🔮
🌍 Market-Moving Headlines
🧨 Big inflation catch-up day: A cluster of delayed PCE reports hits at once — this is the Fed’s preferred inflation gauge and will dictate rate-path expectations into year-end.
🧭 Consumer sentiment & credit: Adds read-through on household stress, spending durability, and recession probability.
📊 Key Data and Events (ET)
⏰ 8 30 AM — Heavy Macro Drop
• Personal Income (Sept, delayed): 0.3% vs 0.4%
• Personal Spending (Sept, delayed): 0.4% vs 0.3%
• PCE Index (Sept, delayed): 0.3% vs 0.3%
• PCE YoY: 2.9% vs 2.9%
• Core PCE Index (Sept, delayed): 0.2% vs 0.2%
• Core PCE YoY: 2.8% vs 2.7%
⏰ 10 00 AM
• Consumer Sentiment (prelim, Dec): 52.0 vs 51.0
⏰ 3 00 PM
• Consumer Credit (Oct): $10.5B vs $13.1B
⚠️ Disclaimer: Educational and informational only — not financial advice.
📌 #SPY #SPX #PCE #inflation #macro #fed #consumer #markets #stocks #trading #investing
this chain feels really good.monad feels like solana when it first launched in 2020. back then nobody really believe nor cared about solana, it was something people hated for awhile, until they didn't.
i believe monad sits in a similar place right now.
monad at 3 cents, was the equivalence of buying solana under 30 cents back in 2020.
---
the tech stack on this project is just phenomenal. instant finality, allows for instant transactions. no pending confirmation blocks, just click, send, and it's there 1 second later. to date, no other chain has felt this smooth to me, which is why monad is currently my favorite project in all of crypto.
---
some technical stuff;
from the coinbase ico, monad came up in a clean 5 wave move,
afterwhich it corrected down via a simple zig-zag.
from the november low, we came up in 5 waves again,
and came down in a clean double zigzag.
---
monad appears to be in a bullish nest here (1-2, 1-2), and i believe it is poised to make a turbo run back to the all time highs, and likely beyond.
---
i cannot predict how high this project will go, so i won't even try, but i will give a mid term prediction of about 0.16.
---
🎯 = 0.16
$AVGO — High-Timeframe Liquidity Run Setting UpNASDAQ:AVGO — High-Timeframe Liquidity Run Setting Up 🚀📈
WaverVanir Edge | Quant-Backed View
Price tapped the 0.618 retracement ($375–380 zone) and showed early signs of absorption.
If this level holds, clean imbalance above → magnet at $420.14 (1.236 Fib).
Break + close above $403 triggers the momentum leg.
Ultimate expansion target: $447.15 (1.618 Fib) — the liquidity pocket where HTF algorithms settle.
Risk invalidation: close below $370.63.
Bias: Bullish continuation as long as price respects the golden zone.
📊 VolanX DSS: No trend shift yet — continuation probability intact.
#AVGO #Options #Stocks #Quant #Fibs #WaverVanir
SLNH | 4HNASDAQ:SLNH — Quantum Model Projection
4H Zoom-In | Technical Update
As anticipated in prior updates, Soluna has surged 27% across two consecutive sessions — the standout rally of the week — marking the initiating rise of an impulsive Minute degree 3rd wave within the projected advance zone.
🔖 My Nov. 29 update on NASDAQ:SLNH is now pinned on my profile on X.
Trend | Wave Analysis
The advance in Intermediate Wave (1) has resumed through an impulsive Minor Wave 5, with a Q-Target of $8.88 (a notably angle-abundant number!) — implying a near-term potential upside of roughly +530% into mid-December as the broader bullish structure continues to unfold.
A decisive break above $5.13 will fully confirm the Leading Diagonal in Intermediate Wave (1), validating it as the bullish structural foundation for the emerging Primary uptrend.
888 💫
➤ Signals financial abundance and success
➤ Activates manifestation energy
➤ Brings harmony across all areas of life
🔖 This outlook is based on insights from my Quantum Models framework. Within this methodology, Q-targets are defined as high-probability possibilities generated by the confluence of equivalence lines. These equivalence lines also act as structural anchors, shaping the internal geometry of the model and guiding the evolution of alternative paths as price action progresses.
#QuantumModels #EquivalenceLines #Targeting #MarketAnalysis #TechnicalAnalysis #ElliottWave #WaveAnalysis #TrendAnalysis #FibLevels #FinTwit #TradingView #Investing #SLNH #GreenDataCenters #BitcoinMining #CryptoMining #AIStocks #HPC #AI #BTC #BTCUSD CRYPTOCAP:BTC NASDAQ:SLNH
Microsoft: Overvalued but Still Bullish - Watching the 400–450Microsoft NASDAQ:MSFT
1. Quick Trade Plan (for those who want levels first) 🎯
Market Bias: Long term bullish, but in a late phase of the cycle.
Strategy: Don’t chase highs; buy the correction.
📌 Buy Zones
Primary Buy Zone: 400–450 USD
Strong support cluster and the preferred accumulation zone.
Aggressive Early Entries:
450–470 on sharp dips, but main focus remains 400–450.
⛔ Invalidation Level
345 USD
A break below this level invalidates the mid term bullish structure.
🎯 Take Profit Targets
TP1: ~600
TP2: 680–720
Potential completion of the final fifth wave.
🧭 For Current Holders
Continue holding while above 345.
Use a protective stop below 345 if trading shares.
Options traders may hedge instead.
🆕 For New Buyers
Avoid entering near ATHs.
Wait for the 400–450 pullback.
Use 345 as your hard-risk level.
2. Fundamental Overview: Great Business, Clearly Overvalued 💼📊
Microsoft has delivered very stable mid-teens growth for years:
Revenue growth: 15–17 percent annually
EPS growth: also 15–20 percent annually
Last 3 quarters: EPS +9–12 percent, revenue in the same range
This is a mature mega-cap, not a hyper-growth name.
⚠️ Buybacks Stopped
Company regularly bought back shares for six years
Stopped in March 2023 and hasn’t resumed
This removes a major EPS-boosting engine
📉 Valuation (Peter Lynch style)
EPS growth ≈ 15 percent
P/E ≈ 30
Stock trades at ~2x its fundamental fair value
Conclusion:
Amazing business. Predictable. Cash generative. 🔥
But fundamentally overpriced and in the late stage of its growth curve.
3. Technical Picture: Still Bullish, but Late in the Cycle 📐📈
📅 Long Term Channel Since 2010
Price has stayed inside a massive uptrend channel for 14+ years.
As long as MSFT remains inside it, the primary trend stays bullish.
📏 200-Day Moving Average
MSFT consistently bounces from the 200d MA on the weekly.
That keeps the structural bull trend intact.
🌊 Elliott Wave Context
Currently in the 5th sub-wave of a larger 3rd wave
Upside still possible
Potential final wave targets: 600–700
⏳ What Comes After
Once this major wave completes:
Expect a multi-year sideways cycle (5–7 years) as the market distributes the massive positions accumulated since 2009.
4. Current Structure: A Correction Is Likely Before New Highs 🔄
We already saw an A–B–C correction, but structure suggests another A–B–C, forming a zigzag, before the final move higher.
🎯 Why 400–450 Is the Key Zone
Major liquidity & support cluster
Aligns with channel midline and prior consolidation
Perfect area for a 5th wave launch
If MSFT hits 400–450 and bounces → 600–700 is back on the table.
5. What To Do Based on Your Situation 🧭
✔️ If You Already Hold MSFT
Stay in the trade while above 345
Expect volatility
You can hedge or use a stop below 345
🟦 If You Want to Enter
Don’t FOMO near the highs ❌
Wait for a pullback into 400–450
Start with partial size, add on confirmation
345 = hard stop
⚡ If You Trade Short Term
Shorts are counter-trend
Treat every drop as a tactical move, not a macro reversal
Unless 345 breaks
6. Final Thoughts ✨
Microsoft is still in a powerful long term uptrend, but:
Fundamentally overvalued
Technically late stage of its long cycle
Likely to give a clean buyable correction
Best accumulation zone: 400–450
Invalidation: 345
Upside targets: 600–700
It’s a “buy the dip, not the rip” market for MSFT.
Not financial advice — manage risk according to your plan.
XAUUSD – 30m | Channel Break → Retest → Bearish Liquidity Sweep OANDA:XAUUSD
The 4,240 resistance remains a strong rejection point, with price now trading inside a lower-timeframe distribution. Liquidity sits below 4,177 and 4,155 where previous reaction points remain untested. As long as market holds beneath 4,240, the downside continuation remains the more probable scenario.
Key Scenarios
📉 Bearish Continuation (Primary Plan)
Confirmation: Lower-high → rejection from 4,210–4,220
🎯 Target 1 → 4,177.5 (Liquidity sweep)
🎯 Target 2 → 4,155 (Support zone base)
📈 Bullish Invalidation
A clean break and hold above 4,240 would flip the structure bullish again.
Current Levels to Watch
Resistance 🔴: 4,240.677
Support 🟢: 4,177 | 4,155
⚠️ Disclaimer: This analysis is for educational purposes only — not financial advice
QQQ Short Term Cycle Nearing End; Pullback to Attract BuyersThe short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence.
The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13.
Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside.
SOLUSDT Relief Rally into Supply Big Move ComingSOLUSDT has been grinding through a deep corrective phase since the January 2025 ATH. Wave A established the base, and price action is now developing the final leg of the structure. If the pattern completes fully, the extension could stretch toward the $80 zone before true recovery begins.
For now, the market is attempting a relief rally from the $123 support. Price is heading straight into a key supply block, and this zone will decide everything:
🔺 Break and hold above = bullish shift resumes
🔻 Rejection = deeper correction, wave C continues
This is the moment where trend direction becomes clear. Any breakout from this supply area will ignite strong momentum and could change the narrative completely. The structure remains clean, and volatility is building. The thread will be updated as the move develops.
Drop your thoughts below, are you watching the same zone?
Chart Pattern Analysis of Copper.
K6 is breaking the neck line of a large scale triangle pattern,
It seems that the following candles will keep accelerating.
A nearest price target at about 8USD area.
I will try to decrease my long-term positions at gold,
And increase the positions at silver and copper.
Mostly increase my positions at NEM\SCCO.
Elliot wave suggests correction on NQ for wave (2) -> [5]Instrument: NASDAQ 100 E-mini Futures (NQ)
Bias : Short-term corrective downside after a completed impulse, then continuation higher.
1. Bigger picture – why I expect a correction
From the low around 23,890 we’ve put in a very clean 5-wave impulsive advance:
* Wave (i)–(ii) starts the move off the low.
* Wave (iii) is clearly the strongest and longest leg – classic extended 3rd wave behaviour.
* Wave (iv) is a shallow sideways consolidation.
* The current high is labelled (1), with the last leg subdividing as an ending diagonal in wave (v): overlapping structure, contracting highs, and loss of momentum.
That wedge-type structure at the top usually signals trend exhaustion , not the start of fresh impulsive upside. So my base case is that the first motive wave up from 23,890 is complete and we’re now looking for a textbook wave (2) pullback. We also can back this data up with volume nodes we can observe during the NY Cash sessions. Who are clearly showing signs of distribution.
Wave (2) corrections most often retrace 50–61.8% of wave (1) in a 3-wave A-B-C structure – exactly what the chart is projecting.
2. Expected path – the A-B-C into the blue box
From the current highs around 25,600–25,700 I’m looking for:
1. Wave (a) down
First impulsive leg lower, ideally breaking out of the wedge and pushing into the rising yellow trendline zone around ±25,200.
2. Wave (b) retrace up
Corrective bounce that stays below the stop zone and forms a lower high.
3. Wave (c) down into the blue box
Final flush into the confluence zone marked in blue, where:
50% retrace of wave (1) sits around 24,800.
61.8% retrace sits around 24,600
There’s also a previous structural support / prior wave-4 area.
Labelled as the end of wave (2) on the chart.
This blue rectangle is my primary target area for the current correction and also my preferred zone to look for fresh longs if the structure behaves as expected.
4. Trade idea #1 – Aggressive short from the wedge
This is the “ catch the correction ” play for traders comfortable trading against the higher-timeframe trend.
Idea: Short against the completed wedge / wave (1) high, targeting the A-B-C correction into the blue zone.
Entry zone:
Around current prices in the 25,580–25,600 area (wedge top / prior minor highs).
Stop-loss (hard invalidation for the short):
Above the red “Stop” band and the labelled high at 25,746.75
If price breaks and holds above this level, the idea of a completed wave (1) and immediate correction is likely wrong – stand aside.
Profit targets:
TP1 – first leg / (A) completion:
Around the rising yellow trendline near 25,150–25,250
Take some off here if you want to pay yourself on the initial impulse.
TP2 – upper edge of blue box (50% fib): 24,822.25
TP3 – lower edge of blue box (61.8% fib & (c) completion): 24,600–24,650 are
For reference, using an approximate entry at 25,600:
Risk: 25,740. – 25,600 ≈ 138.75 pts
Reward to TP2: 25,600 – 24,800 ≈ 780 pts (~5.7R)
Reward to TP3: 25,600 – 24,660 ≈ 940 pts (~6.8R)
So the idea offers an attractive reward:risk , as long as you accept the possibility that the correction may be shallower or more complex than the “ideal” projection.
What I want to see step-by-step if I’m in this short:
1. A convincing break down out of the wedge.
2. Follow-through selling to the yellow trendline (wave (a)).
3. A choppy overlapping bounce that stalls under the stop zone (wave (b)).
4. One more push down with increasing momentum into the blue box (wave (c)) – where I’ll look to exit shorts and flip bias.
5. Trade idea #2 – Conservative swing long from the blue bo x
If you don’t like shorting a strong trend, the more conservative plan is to ignore the short and only look for longs once the correction has played out.
Idea :
Buy the end of wave (2) in the blue box for a continuation higher in wave (3).
So we are trying to buy the dip in a strong trend.
Buy zone (long trigger area ):
Blue box between roughly 24,800–24,600.
Ideally after we’ve seen a full A-B-C structure into this zone and some kind of reaction. (rejection wicks, bullish divergence, lower-timeframe 5-wave impulse off the lows, etc.).It could also be a more complex correction like WXY, However most of the time we expect a wave 2 more str8 forward price action.
Stop-loss for the long:
Conservative, structure-based invalidation remains the red line at 23,890
A break below this low would invalidate the wave (1)–(2) interpretation and suggest something more bearish is underway.
Tactically, some traders may opt for a tighter stop just below the blue box (e.g. under 24,550), but that’s a money-management choice, not a structural one.
Upside objectives:
First objective is a retest and break of the 25,746 high .
From there, if this is indeed the start of wave (3), extensions towards **26,000+** become realistic (1.0–1.618 extensions of wave (1), not drawn in detail here but implied by the dashed grey path).
6. Invalidation and what would change my mind
Short-term bearish idea is invalid :
if price closes decisively above 25,75x without first breaking down. That would suggest that wave (1) is still extending, or that we’re in a different pattern (e.g. a larger ending diagonal or a complex topping structure). In that case I step aside and reassess.
Medium-term bullish roadmap is invalid if price trades below 23,890 . Then the whole impulse from the low is likely mis-labelled and I would expect a deeper bearish structure. However this
7. Final notes
This is an Elliott Wave–driven roadmap, not a guarantee. I’m planning to:
Treat the current region as exhaustion of wave (1).
Use it either for an aggressive short into the A-B-C correction,
Or wait patiently for the blue box to develop for a more conservative long into a potential wave (3).
As always: manage your risk, size appropriately, and don’t trade this blindly. This is a trade idea and educational analysis, not financial advice.
Since lack of time I was not able to post many trade ideas in the past months. However I'm going to try to get back some more ideas in the future! Please leave feedback and comments!
$BULL - WeBull Off All Time LowsWe could be heading for $10 and over for WeBull.
Webull appears undervalued given its strong recent performance and market potential. In Q3 2025, the company reported a 55% year-over-year revenue increase to $156.9 million, with trading-related revenue up 64% and adjusted net income turning positive which are clear signs of operational momentum.
Despite these gains, the stock still trades around $9.62, near its 52-week low of $8.72. Intrinsic value estimates place fair value near $15-$18 per share, almost 50% above the current price, suggesting substantial upside.
Webull’s continued international expansion, growing user base, and the rollout of new fintech features position it for accelerated growth and profitability in upcoming quarters.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates
USDCAD inside the support areawww.tradingview.com
OANDA:USDCAD
USDCAD has broken the BOS and made a new high near the resistance trend . now head back to its strongest support area
I think it should not lose the area between 1.38985 - 1.38885 otherwise it will be a downward trend because it is the very strong area that gave it the very high it made
I already entered a long posision targeting 1.41230
be carful because we have EMA cross which can change the whole charecter to the trend
follow me guys so I can post more of my analyze and help you guys by sharing my ideas
Today's strategy! Short gold at 4208-4220!After the gold market opened this week, gold prices rose but encountered resistance and then pulled back. Compared with the past, the overall fluctuation range was not large, with the highest and lowest points fluctuating by only about $100, and the trend has been oscillating and adjusting.
Weak US ADP data further fueled market expectations of a December rate cut by the Federal Reserve, supporting gold prices to remain in a high-level consolidation phase.
Short-term technical analysis shows that gold prices have been hovering around the $4200 level, which has temporarily become a key dividing line between bullish and bearish sentiment. Our trading strategy is to treat this as range-bound trading. A short-term strategy could consider shorting gold in the $4208-$4220 range. The MACD is showing signs of a death cross, indicating weakening upward momentum.
The above views represent my personal thoughts. If you do not yet have a clear trading strategy or the ability to independently analyze market trends, you are welcome to refer to them! Let's improve together! If the market changes, I will notify you in the channel!
ASTS - Long here for a bounce upto 90ASTS has strong bounce here from the value area and point of control (intermediatory)
Started a position here, will add more above 57-58
- it's above POC
- above May low anchored VWAP
- completed the correction ABC wave
- bouncing above the trend line
Target 1 - 72
Target 2 - 80
Target 3 - 90
Stop loss - 50
BTC 4H Chart Review1. Market Structure: Rising Channel (Upward Wedge / Rising Channel)
The chart clearly shows that BTC is moving within an ascending channel, with:
the upper boundary around USD 95,000–95,500,
the lower boundary currently reaching USD 86,500–87,000.
This is a potentially exhausting formation, and lower breakouts are often dynamic.
2. Current Situation: Rebound from the upper band and Stoch RSI overbought → decline
The price has stopped exactly at the upper resistance of the channel and has begun a correction.
This is typical behavior – the market usually returns to the middle or lower edge of the channel.
Stoch RSI on 4H – has made a strong reversal from the overbought zone
→ a signal for a short-term correction has already been generated.
3. Support Levels (most important):
🔴 USD 90,500–90,000
A very important zone – previous resistance ⇒ now support.
Breakout = increased risk of a deeper breakout.
🔴 USD 88,500–88,000
A strong demand level for the 4-hour period, also aligned with the MA and local lows.
🔴 USD 86,500–87,000
The lower band of the channel – the most likely place for buyers to become active.
4. Resistance Levels:
🟢 USD 94,800
Previous local high – a breakout will be bullish.
🟢 USD 98,000–98,900
Strong resistance on the chart, likely target after a breakout of the channel to the upside.
5. Scenarios for the coming hours:
📉 Correction scenario (more likely based on the Stoch RSI)
The price could fall to one of the following zones:
92,000 → test in progress
90,500–90,000 USD → main market decision level
If it loses 90,000 → a move to 88,500–88,000 is natural.
Deeper correction: test of the lower channel line – ~86,500 USD.
In this scenario, we remain in an uptrend unless the channel breaks below.
📈 Uptrend scenario
The current decline could only be:
a local correction,
a retest of the previous demand zone.
Uptrend condition:
➡️ 4-hour candlestick retracement and close above ~94,000 USD.
Then the target:
94,800
95,500
and after the channel breakout → $98,000–$99,000






















