Nach Elliot-Wellen könnte es bald mal zu einer Welle 4 kommen die dann bis ca. 20150 korrigiert. Wenn ich die Fibos an die letzte große Bewegung anlege könnte es bis 22500 / 22340 korrigieren. Ist aber keine Handelsempfehlung nur meine übergeordnete Sichtweise!
? Fundamental Reasons for a Decline in the DXY: Interest Rate Developments by the U.S. Federal Reserve (Fed) Expected Rate Cuts: Market participants are increasingly speculating on possible rate cuts by the Fed throughout the year as inflation in the U.S. gradually declines. Impact: Lower interest rates reduce the attractiveness of the U.S. dollar, as returns on U.S. dollar-denominated investments decrease. Fed Comments: Recent statements from Fed members suggest that the rate hike cycles may be over, which would further pressure the USD downward. Macroeconomic Data from the U.S. Weaker-than-Expected Economic Data: Labor Market: A cooling labor market, with higher unemployment or slower wage growth, indicates a weakening U.S. economy. GDP Growth: Forecasts point to slower growth, diminishing the attractiveness of the USD for international investors. Inflation Data: A continued decline in inflation reduces pressure on the Fed to maintain higher interest rates. Global Risk Sentiment and Geopolitical Factors Investor Risk Appetite: In an environment where investors become more risk-tolerant, capital flows increasingly into higher-risk assets, weakening the USD’s position as a safe haven. Stabilization in Other Regions: Positive economic data from the Eurozone or China could increase demand for alternatives to the USD. Political Statements and Strategies to Weaken the Dollar Donald Trump's Statements on Weakening the U.S. Dollar: During his presidency, Donald Trump repeatedly stated that a strong U.S. dollar hampers the competitiveness of American exports. He criticized the Fed for not cutting rates more aggressively to weaken the dollar. Background: Trump pursued a protectionist trade policy aimed at making U.S. products cheaper on the global market by devaluing the dollar. This led to increased volatility in the foreign exchange market, as investors reacted to potential political interventions in monetary policy. Technical Confirmation of the Downtrend The chart indicates a continued ABC correction pattern. Key Support Zone: Around 105.00 USD – a break below this level would further confirm the downtrend. Elliott Wave Analysis: The structure suggests a final downward move (Wave C) before a potential trend reversal might occur. ⚡ Summary of Short-Term Expectations: ? Target Range: 105.00 USD ⏳ Timeframe: The next 1–2 weeks ? Caution with Counter-Movements: Temporary rallies could encounter resistance in the 107.00–107.50 USD range. ? Updated Trading Strategy: ? Long Positions: Focus on correlated currency pairs that benefit from a weakening USD (e.g., EUR/USD, GBP/USD, AUD/USD). These pairs may show short-term upside potential while the USD remains under pressure. ? Short Positions: Directly target USD pairs where the USD is the base currency (e.g., USD/JPY, USD/CHF) to capitalize on the further downtrend in the USD. ? Target Zones: 105.00 DXY
A major Ascending Triangle is forming, looks like price action may continue trending within the triangle. Price Target near term heading to the mid $130s at the bottom of the ascending triangle.
Welcome to another ANH golds created another all time high leaving a new bos. Currently pa is creating support on the pervious weekly high and bos. 2935 is today pivot with price remaining above here expect to see 2952 to 2956. After this zone expect 2974 to 2977. Under 2935 expect corrections to 2920 2908 2902
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Context: After reaching all-time highs (ATH), the Dow Jones is showing signs of a potential pullback. The price is now consolidating within a triangle pattern, indicating a possible trend reversal ?. Bearish Scenario: Following ATH, it’s common for markets to face profit-taking or a corrective phase, and we could be witnessing that now. A breakdown below the support at 44,250 could lead to a deeper retracement towards the 42,500–43,000 range. Target: Watch for a move to the key support levels, with the 42,500–43,000 zone as the next major area to watch for a potential bounce or continuation of the downtrend. Stop Loss: Above the recent high at 44,800 to ensure minimal risk in case of a fakeout. EMA Alignment: Short-term bearish bias as the price is staying below the EMAs, signaling weaker upward momentum ?. ? After ATH: It's typical for markets to experience retracements after making new all-time highs, as the bullish momentum starts to fade. This could be the start of a deeper correction. Let’s wait for confirmation of the breakdown before entering! ?️♂️ #DJI #DowJones #Bearish #StockMarket #ATH #Trading #Pullback
Timeframe: 4 Hours As observed over the past few days, Solana has experienced a significant downward move, which was expected. If you look at the chart, a pennant pattern had formed, which was squeezing and eventually broke to the downside. This breakdown led to a complete fulfillment of the supply zone, with Solana’s price moving toward the 155–165 range, which acted as a strong order block and support zone. This move confirms two key points: Strong Order Block: The 155–165 zone is a robust support area and order block. BTC Correlation: Bitcoin has also been moving toward its strong support zone (89k–92k), which aligns with Solana’s price action. Two Possible Scenarios for Solana Scenario 1: Demand Creation at Current Levels (Higher Probability) Solana is likely to create demand from its current levels, with two strong zones to watch: $195 Zone: A key level where demand could materialize. $230 Zone: A secondary target if the price gains momentum. This is the more probable scenario, where Solana stabilizes and creates demand, either at 195 or 230, leading to a potential upward move. Scenario 2: Further Downside (If BTC Breaks Support) If Bitcoin breaks its strong support zone (89k–92k), which seems increasingly likely, Solana could experience another significant downward move. In this case, Solana might break below the 150–140 range, leading to a further decline. This would mirror the previous supply-driven move, potentially taking Solana much lower. Summary Current Support Zone: Solana has found support in the 155–165 range, which is a strong order block. Scenario 1 (Higher Probability):Demand creation at 195 or 230, leading to an upward move. Scenario 2 (If BTC Breaks Support): Further downside, potentially breaking the 150–140 range. Note My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward. Thank you!
OANDA:GBPCHF remains within a well-defined ascending channel, with price pulling back toward a key demand zone near 1.13600. This level aligns with the lower boundary of the channel, making it a critical area to watch. If buyers step in, we could see a bullish continuation toward 1.13980 and potentially higher. However, if sellers break below this key zone, the structure could weaken, opening the door for further downside.
Enjoy the flow look how it works! XRP is on the flow lets see how it follows
Litecoin 2 week chart, so this will take time to play out-- Sitting nicely ontop of a 3 year base! I've personally been holding LTC since $60 (Spot) Going to add to my spot bag here. **Accumulate in this range ($135-$100) and SELL ($220 - $300 - $400^^^) ***Theoretically, cut the trade if price falls below 1week or 2week 100 MA ***Depending on your risk tolerance.