GBPUSD: Bearish From The -OB. Look For Valid Sells!Welcome back to the Weekly Forex Forecast for the week of Oct. 27 - 31st.
The GBPUSD traded up into the Supply Zone, then dropped from it, as forecasted last week. This week should see more bearish price action.
I like GBPUSD for shorts more than EURUSD, btw. Seems to be technically weaker.
FOMC on Wednesday, so be mindful of the volatility injection into the markets.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weeklyoutlook
27/10/25 Weekly OutlookLast weeks high: $115,481.36
Last weeks low: $106,688.94
Midpoint: $111,085.15
It's FOMC week again and with it comes speculation and volatility. With the Fed forecast to cut rates another 0.25% where does this leave Bitcoin?
After weeks of consolidation between $106,000 - $111,000 BTC broke above $112,000 resistance level suggesting that sellers have largely been absorbed and momentum is returning to the upside. Trading volume surged as BTC crossed the $112,000 threshold, indicating strong conviction from both institutional and retail participants.
Short-term volatility is expected around the FOMC announcement, I would not rule out a $112,000 retest, it would be a good indicator of just how strong this breakout move is. Macro conditions continue to favor Bitcoin’s long-term bullish case particularly if the Fed signals an eventual shift toward easing in 2026 which is already being discussed.
The next major test lies around $120,000 if weekly high resistance is flipped, but a decisive close above this threshold would likely trigger another wave of momentum buying toward $125K and beyond.
For the bear case a loss of $112,000 would mean a revisit of the same $106,000 - $111,000 range and an increasing loss of momentum for the bull run.
Good luck this week everybody!
GBPUSD: Drifting Lower! Sells Are Valid! #gpusd #trading #forWelcome back to the Weekly Forex Forecast for the week of Oct. 20-24th.
The GBPUSD traded up into the Supply Zone. Will it hold, and send price downward? This is my expectation. I will wait for confirmation, looking to see if the highlighted +FVG holds or fails. The failure will validate sells.
Patience pays.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
20/10/25 Weekly OutlookLast weeks high: $115,965.44
Last weeks low: $103,546.52
Midpoint: $109,755.98
Following the flash crash of two weeks ago, Bitcoin opted for the "fill the wick" pattern last week with a steady continuation of the downtrend printing a low for the week 1.5% shy of completely backfilling the entire wick.
Because of the aggressive nature of the immediate recovery, I would estimate that a large number of stop losses would be placed just under the bottom of the flash crash wick and so as price approached that level, buyers stepped in to move price away from that danger area. I am still not convinced that $98,000-102,000 area is safe from a revisit, but when is a question I do not have an answer for.
This week we've seen an early move by the bulls to flip a very important $108,000 level. I could see BTC conforming to the weeks range quite strongly as both extremities of the range as well as midpoint line up very well with HTF S/R levels. I think any PA between those levels would give clues as to the strength of both sides, bulls and bears but the important moves will happen around the extremes. Of course the trade war news is a factor still in play as well as CPI later in the week.
This CPI release is also taking place during a government shut down, it's the first CPI on a Friday since 2018 and FOMC (rate cut predicted) takes place just 5 days after with massively reduced data releases due to the Government shut down. This to me is a volatility storm waiting to happen and many participants are going into it blind.
Good luck this week everybody!
13/10/25 Weekly OutlookLast weeks high: $126,237.39
Last weeks low: $102,038.44
Midpoint: $114,137.92
Well that was an interesting week... A small reminder that when Trump talks about tariffs the markets move, and move fast!
From All-Time-High at the beginning of the week to a -19.2% move, a single hourly candle had -10.56% drawdown alone!
What can be learnt from this? Despite all the technical analysis in the world, if the President of the United States makes an announcement it can shift the market greatly causing a leverage unwind via liquidations that cascade aggressively. Although these large scale crashes are rare, they are inevitable in this market and this will not be the last of its kind.
This week will be very interesting because generally we do see a lot of backfilling the wick which would mean revisiting the key S/R level at 0.25 ($108,000). The bulls would not want to see price acceptance under this level or IMO this is the beginning of a bearish shift in HTF structure. This potential shift in structure would also line up with the 4 year cycle theory as October marks the end of the bull market.
On the other hand, the bounce from the low has been strong, although still some way off the origin of the dump a lot of ground has been recovered. In the past these liquidation events have marked local lows in the market and serve as a launchpad for the next leg up. I do think it's too early to tell if that is the case this time around, I am in no rush to position either way until at least Mondays range is established.
The altcoin market took a far worse turn, majors sinking as much as 80% in a single move! This week will be important to learn what projects are truly supported/fundamentally sound by how they recover.
Projects such as: ZEC, TAO, ANYONE and BNB have all closed higher than their original price before the crash, other projects may never recover.
Good luck this week everybody!
GU, UJ & Gold Weekly Outlook | Key Levels & Trade Plan |Oct 6–10This week’s market outlook is packed with opportunities and risks. In this video, I walk you through my personal chart structures on GBP/USD, USD/JPY, and Gold, showing you the levels I’m watching, what they reveal about market sentiment, and how I’m planning my trades for the week.
By the end of this video, you’ll:
✅Understand the key support and resistance zones driving price action.
✅See how I balance fundamentals and technicals in real time.
✅Learn why structure is my guide, not predictions.
✅Get a practical roadmap to approach the week with confidence.
⚠️ This isn’t a signal service; it’s my personal trading map, shared to help you think and trade smarter.
🔔 I’ll also be dropping updates in the comments section as the week unfolds, so keep an eye there for my real-time thoughts.
Market Insights with Gary Thomson: 6 - 10 OctoberMarket Insights with Gary Thomson: FOMC Minutes & Powell’s Speech, Canada Jobs, RBNZ Rate Decision
In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for expert insights into financial markets to help you navigate the week ahead. Let’s dive in!
In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.
👉 Key topics covered in this episode:
— FOMC Minutes and Fed Powell’s Comments
— Canada’s Unemployment Rate
— RBNZ Interest Rate Decision
Gain insights to strengthen your trading knowledge.
This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
06/10/25 Weekly OutlookLast weeks high: $125,735.08
Last weeks low: $111,559.20
Midpoint: $118,6547.14
New All Time High for Bitcoin in the first week of "Uptober", really impressive strength since flipping $117,500.
BTC still finds itself within a range between ATH and $108,000 but with such strength on the bounce from range lows, could we see price discovery going into the last leg of the year?
From a macro perspective month/quarter end is now over and done with, banks have completed their window dressing/de-risking and we can expect liquidity to flow back into the risk markets. Rate cut cycle continues, M2 Global money supply at ATH with seemingly no plans to stop in the near future.
For now I am still treating trading BTC as it is in a range until we get price acceptance above $125,000. If there is a breakout above and a rally altcoins should follow. In terms of news releases this week because of the US Government shutdown there is a disruption on data releases but overall nothing of great importance is disrupted.
Good luck this week everybody!
Wall Street Weekly Outlook - Week 41 2025Every week I release a Wall Street Weekly Outlook that highlights the key themes, market drivers, and risks that professional traders are watching.
This week promises to be particularly important, with important fundamental developments... 📊 Stay ahead of the curve—watch the video now and get prepared like a Wall Street insider.
Any questions? Drop a comment or reach out directly.
-Meikel
28/09/25 Weekly OutlookLast weeks high: $115,537.51
Last weeks low: $108,606.86
Midpoint: $112,072.19
As BTC continued to trend down post FOMC the key HTF level of $108,500, after some chop at this level a late rally on Sunday has pushed BTC back to the Midpoint of the range for this week.
As September comes to a close we are at the point where banks window dress their balance sheets by de-risking going into Q4. Banks taking cash out of the market to appear there is less risk and more liquid to hide their true risk over the quarter. This lowers liquidity and for this reason I do not expect the bulls to be out of the woods yet and the weekly low ($108k) could be under attack again before the week closes.
The story is the same for much of the altcoin market, after continued downtrend majors are bouncing off key HTF S/R levels but conviction is still low due to quarter end.
This week I am looking at how BTC finishes the week once the month/quarter end is out of the way. If their is renewed optimism October.
In terms of seasonality October has an average return rate of 21.89% since 2019.
Should price break below weekly low the bullish HTF trend would be questioned and would open the door to a deeper correction. With the 4-year cycle predicted to end in late October there would be huge talk of the cycle repeating and the bear market beginning.
Good luck this week everybody!
Market Analysis | GU, UJ & GOLD – Key Levels & Fundamentals Last week, we spotted ranges across USDJPY, GBPUSD, and XAUUSD, waiting for the big central bank moves to decide direction. Now, the ranges are breaking, except for USDJPY, which is still locked in.
In this video, I walk you through:
✅What happened last week, and why the price moved the way it did
✅The fundamentals and events that shaped sentiment
✅My outlook and key chart levels for the new week (Sep 22–26)
Timestamps:
00:00 – Intro
01:00 – GBPUSD: Breakout fails, dollar strength returns
07:10 – USDJPY: Still trapped in range, waiting for a catalyst
11:50 – XAUUSD: Breaks above range to test record highs
16:50 – Wrap up & key events to watch
This week’s focus will be on the Core PCE data, Powell’s speech, and S&P Global PMIs. These are the catalysts likely to drive sentiment across the dollar, yen, and gold.
Please note that this information is provided for educational purposes only and should not be considered financial advice.
Market Insights with Gary Thomson: 22 - 26 SeptemberMarket Insights with Gary Thomson: US Durable Goods, GDP Final, PCE, Personal Income & Spending
In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for expert insights into financial markets to help you navigate the week ahead. Let’s dive in!
In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.
👉 Key topics covered in this episode:
00:16 — US Durable Goods Orders
01:09 — US GDP Growth Rate QoQ Final
01:54 — US PCE Price Index, Personal Income & Personal Spending
03:00 — Trade Tensions
Gain insights to strengthen your trading knowledge.
This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
22/09/25 Weekly OutlookLast weeks high: $117,904.04
Last weeks low: $114,383.99
Midpoint: $116,144.01
A very interesting start to the week to say the least! In the opening hours of this week BTC has plunged 3% to tag $112,000, this comes off the rejection of $117,500 key level post FOMC.
The FED cut interest rates by 25bps as was expected by most, the resulting rally failed to break $117,500 resistance and rejected back to the origin of the rally at the 0.25 line. The dip from the opening hours of this week is in my opinion continuation of this rejection level. It is clear the bulls still don't have the firepower to break the range and push on, the question this week is where will BTC find support?
For me there are some key levels, 1D 200 EMA is still an option at $106,000, the daily local how at $107,500 could provide double bottom support. The Monday close will provide more context to this move, should the reaction be minimal and the daily candle closes as it is now the September curse could continue.
This week I'll be closely monitoring how altcoins react to this move, I believe the general consensus is that altcoins will outperform BTC in Q4. Historically the final quarter of the year has provided some great returns over the years, however that does not necessarily mean that will be the case this time around. If it does happen this dip may provide some good entries.
Good luck this week everybody!
S&P 500 (ES1!): Wait For Longs! Buy The Dip!Welcome back to the Weekly Forex Forecast for the week of Sept 15 - 19h.
In this video, we will analyze the following FX market: S&P 500 (ES1!)
The S&P500 is still bullish, and there is no reason to short it. The Bulls are clearly in control.
As price moves from ERL to IRL, the untouched +FVG below is a great place to look for a high probability long setup.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NASDAQ 100 (NQ1!): Bullish! Buy The Dip!Welcome back to the Weekly Forex Forecast for the week of Sept 15 - 19th.
In this video, we will analyze the following FX market: NASDAQ (NQ1!) NAS100
The NASDAQ is bullish. No reason in the world to start looking for shorts! Let the market pullback to Internal Range Liquidity (IRL), a +FVG or +OB, and look for valid long setups on the lower timeframes.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
US Dollar: Bearish! Buyside LQ Sweep Before Rate Cut?Welcome back to the Weekly Forex Forecast for the week of Sept 15 - 19th.
In this video, we will analyze the following FX market: USD Dollar
The USD has a .25 basis point rate cut coming Wednesday. Will there be a manipulation of the buy side liquidity before prices turn downward? I am looking out for this fake out maneuver by MMs, being mindful the rate cut will weaken the USD against its counterparts. A short term move higher before the market turns bearish with the news announcements is more then possible.
Wait and react. Do not predict.
React and do not predict.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
15/09/25 Weekly OutlookLast weeks high: $116,672.39
Last weeks low: $110,615.91
Midpoint: $113,644.15
It's FOMC week and finally the time has come for the FED to cut interest rates, but by how much?
Currently the probability of a cut is 100%. The chance of a 25bps cut is ~90%, a 50bps cut ~12%.
Therefore I believe a 25bps cut is priced in and expected by the majority, a 50bps cut would be bullish and no change would be devastating to the markets in the short term.
Last week BTC continues its move up and flipped the important S/R level of $114,000 in preparation for FOMC. Ultimately the bulls should now target a flip of $117,500 to continue the larger bullrun move. Should the bulls fail to do so the rangebound environment looks to continue with the low being $106,000 (1D 200 EMA).
As I have mentioned in previous post September often gives poor returns, so far this year BTC is up 6% from month open, perhaps in anticipation for the rate cut to come? I don't see many setups presenting themselves until after Thursday so just being patient until then.
Good luck this week everybody!
08/09/25 Weekly OutlookIt's CPI week is here once again, which means we're one week before FOMC and a likely interest rate cut by the FED, maybe the last week of choppy sideways action before the next leg up in Q4?
Last week BTC stopped just shy of the weekly high before settling around midpoint. Bullish structure throughout the week from start to finish reclaiming much of the losses from the week previous to that. As I have pointed out in the past late August & early September have historically poor returns and so far this year has followed the trend, down -13.6% from the highs of mid August.
All of this is to say the stars seem to be aligning once again for a repeat of previous cycles, a slow and negative August into September, print a local bottom and the next leg up/continuation higher in Q4 boosted by cheaper borrowing. There is even a growing chance of a 50bps cut on September 17th which would really fuel a risk-on surge going into the end of the year.
For this week I'm not overly concerned about CPI just because I believe the focus is on FOMC the week after. A reclaim of $113,500 before this weeks close may kickstart an earlier push by the bulls as currently that is the level keeping BTC down.
$104,500 is the 1D 200 EMA, a level untested since April, A retest as support before FOMC would be a great place to go long from IMO. Until either of those scenarios play out it's just noise and chop.
Good luck this week everybody!
NASDAQ (NQ1!): Buy It Until The Market Notifies Us Otherwise!Welcome back to the Weekly Forex Forecast for the week of Sept 8 - 12.
In this video, we will analyze the following FX market: NASDAQ (NQ1!) NAS100
The NASDAQ looks poised to move higher. There is potential for it to make a new ATH.
Wait for pullbacks to poi's for valid long setups.
I do not see a reason to sell this market. Until there is a bearish break of market structure, buys are the ticket.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
EURUSD: Bullish -Neutral For Weeks! Time For A Breakout?Welcome back to the Weekly Forex Forecast for the week of Sept 8 - 12th.
In this video, we will analyze the following FX market: EURUSD
The EURUSD has been bullish-neutral for the summer. Friday finally saw a sweep of the consolidation high with bad NFP numbers announced. Notably, the weekly candle closed back within the range of the previous weekly candle, hinting weakness for the upcoming week. And the swing high still remains protected.
We'll see if they hold for the week, sending prices lower.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
US Dollar: Still Bearish-Neutral, But Is The Correction Ending?Welcome back to the Weekly Forex Forecast for the week of Sept 8-12th.
In this video, we will analyze the following FX market: USD Dollar
The USD is still grinding sideways, but it did sweep the low of the consolidation Friday on bad NFP numbers. Worth mentioning is it finally made contact with a significant demand zone as well. As bearish-neutral as the DXY has looked over the past several weeks, there is potential here that if has finally found support for higher prices.
As long as the market maintains the protected low, we are still in correction territory. The potential for a move higher remains.
React and do not predict.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, 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 this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Market Insights with Gary Thomson: 1 - 5 SeptemberMarket Insights with Gary Thomson: UK Retail Sales, Canada Jobs, US NFP, and OPEC+ Meeting
In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for expert insights into forex and commodities to help you navigate the week ahead. Let’s dive in!
In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.
👉 Key topics covered in this episode:
— UK Retail Sales
— Unemployment Rate in Canada
— US NFP and Unemployment Rate
— OPEC+ Meeting
— Trade Tensions
Gain insights to strengthen your trading knowledge.
This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
01/09/25 Weekly OutlookLast weeks high: $113,692.97
Last weeks low: $107,357.75
Midpoint: $110,525.36
Despite continuing the short term bearish trend, BTC saw a net inflow of $441m via ETFs last week and $1.08B for Ethereum ETFs. Continuing high demand has capped this drawdown for now at weekly low (~$107,500) with three separate drives into the level and a bounce each time there is a clear line in the sand to monitor this week, for now it is advantage bulls.
In terms of data releases there isn't much big news on the way apart from Unemployment data later in the week. I don't expect this data to influence the decision to cut interest rates later this month, as it stands a cut is going to happen. We've just started a new month and so as always bigger players who de-risked for month end can begin deploying capital once again during a period that will be pricing in a rate cut. These factors look good for the bulls after a 14% drawdown from ATHs, could the local low be in?
For me I'm still mindful of the previous poor performances each year around September, the difference being this time a rate cut is on the way which changes the dynamics slightly. IF Bitcoin were to retest the $100k mark the R:R on a long there would be huge, a -20% move down, quite normal in bull market situations.
IF the 0.25 line (~$109,000) hold/reclaim a LTF change in structure would be bullish with an invalidation below weekly low. The target from there would be weekly high for the bulls.






















