Hi traders, Last week EU went as I've predicted in my outlook. It finished the correction down and after that it went up impulsive to follow with another correction down. This could be wave 1 and 2 of the bigger (red) wave 3. It this is true, then next week we could see another impulsive wave up into the direction of the Daily FVG higher. Let's see what the market does and react. Trade idea: Wait for the correction down to finish. After a change in orderflow to bullish and a small correction down on a lower timeframe, you could trade longs. Note: Next week there will be no analysis because I'm on holiday with my family. The week after that I will be back with my analysis. If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
Double Top, Possible Downside Price currently Below the Mid of the Range Check Financial Colander for upcoming Events
In many ways a similar picture to Google today. End of trend is unconfirmed, but the gap and "change in tone" of candle is suggestive. If this is not the end of the road then we might be looking at the beginning of a Wave 4 or Sub-Wave 4 on some level. There is technical indicator evidence of a reversal, also.
Oil on the weekly with key levels and buy and sell suggestions.
? XRP/USD (COINBASE) - 30-Min Chart Long Trade Setup ? ? Pair: XRP/USD (COINBASE) ⏳ Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout ? Trade Plan: ✅ Entry Zone: Above $2.40 - $2.42 (Breakout Confirmation) ? Take Profit 1 (TP1): $2.4381 (First Resistance Target) ? Take Profit 2 (TP2): $2.4938 (Extended Bullish Target) ? Stop-Loss (SL): Below $2.3562 (Key Support) ? Risk-Reward Ratio: Favorable for a bullish continuation ? ? Technical Analysis & Setup: ✅ Pattern: Symmetrical Triangle Breakout ? ✅ Breakout Confirmation Needed: Sustained price above $2.40 with volume increase ✅ Support & Resistance Levels: $2.3978 (Breakout Zone) $2.4381 (First Major Resistance) $2.4938 (Extended Target for strong momentum) ✅ Momentum Shift Expected: A breakout above $2.40 could trigger an upside rally ? ? Trade Strategy & Refinements: ? Volume Confirmation: Look for increasing buying volume above $2.40 ? ? Trailing Stop Strategy: Once price reaches TP1 ($2.4381), adjust SL higher to secure profits ? ? Partial Profit Booking: Take partial profits at $2.4381 and let the rest ride toward $2.4938+ ? ⚠️ Fake Breakout Risk: If the price fails to hold above $2.40, reconsider entry ❌ ? Final Thoughts: ✅ Bullish Breakout Potential – High probability of continuation higher ? ✅ Momentum Shift Possible – A move above $2.4381 could accelerate upside ? ✅ Strong Risk-Reward Setup – SL at $2.3562, TP at $2.4381 - $2.4938 for optimal gains ? Trade Smart & Stick to the Plan! ?? ? #CryptoTrading #XRP #Ripple #TradingSetup #TechnicalAnalysis #DayTrading #BreakoutSetup #MarketTrends #RiskReward #ProfittoPath ??
? ANGLO AMERICAN: ROCK SOLID OR CRACKING UNDER PRESSURE? Is Anglo American ( LSE:AAL ) a hidden gem ? or just another miner struggling with the weight of falling revenues and shaky markets? Let’s break it down with real data and fresh insight! ? 1/ Revenue collapse? Yep. FY 2024 revenue plummeted ? 12.72% from £35.12B to £30.65B. Net income: Crashed 93.73%, from £4.51B to a measly £283M. ? EPS tanked 93.70%, but Q4 production of copper and iron ore beat expectations. ? 2/ What’s Anglo’s Plan? ? They're reshaping their portfolio with a $4.9B growth strategy. Restructuring, asset sales, and potential Amplats spinoffs are on the table. The big question: Can these moves revive profitability? ? 3/ Undervalued or just stuck in the mud? ? Price today: 2,548.00p Analyst target: 2,629.29p—modest upside, but deeper models say 32% undervaluation based on recovery potential. ? What would you do? Buy the dip, or wait it out? ? 4/ How’s it doing vs. competitors? ? Compared to BHP, Rio Tinto, and Glencore: Anglo shows mixed performance—some production wins, but revenue and earnings are lagging. Competitors have been quicker to capitalize on demand for metals like iron ore and copper. 5/ The Risk Factor ☠️: Commodity price swings: When metals drop, so does Anglo. ? Operational risks: Labor shortages and regulatory headaches, especially in South Africa ?? and Brazil ??. Environmental scrutiny: Mining faces rising costs tied to sustainability ? and compliance. 6/ SWOT Analysis ? Strengths: ✅ Diversified portfolio (metals crucial to green tech) ✅ Global reach and strong infrastructure Weaknesses: ⚠️ Earnings decline, revenue underperformance ⚠️ Vulnerability to commodity volatility 7/ Opportunities vs. Threats: Opportunities: ? Metals demand will grow with green energy transitions—think electric vehicles and renewables. ? Strategic asset divestitures could unlock value. Threats: ? Political instability in major regions ? Tightening environmental regulations (higher costs ahead) 8/ Investment Thesis: Anglo is in a tough spot. Undervalued? Maybe. But recovery depends on commodity prices and restructuring success. ?️ If they nail their strategy, there’s upside potential—but risk is high in today’s market. ? 9/ What’s next? ? Keep an eye on restructuring news—asset sales could shift market sentiment. Monitor production trends in copper and iron ore. Look out for green tech demand driving metals growth over the long term. ? 10/ What do YOU think? ? Bullish: It’s gonna recover. ? Hold: Let’s wait for more signs. ? Bearish: Nope, this one’s toast.
| CRYPTOCAP:BTC.D | ? Weekly Analysis As you may know. alt seasons depend on a decline in BTC.D. BTC.D is calculated as the ratio of Bitcoin’s market capitalization to the total market capitalization of the digital asset space. When BTC.D falls, it indicates that capital is flowing out of Bitcoin into altcoins or stablecoins such as USDT, USDC, RLUSD and others. ••• BTC Dominance (BTC.D) during past alt season. ⏪ Now that we understand what BTC.D is, let's examine its behavior during previous alt season. As marked in the chart, BTC.D has experienced an uptrend. After a breakout, it pushed to new high within the upward channel, and as expected, a reversal occurred! (Price Action Rules) ••• Current state of BTC.D. ▶️ After a significant spike, it is currently following an upward channel. A spike followed by a channel pattern is a common price action occurrence. As Marked in the chart, similar to previous alt seasons, BTC.D has experienced a breakout from the upward channel and has pushed to new high. Therefore, we can expect a potential reversal! ? Final words Is it time to buy some altcoins? If you ask me, it's not yet time to invest. We cannot predict whether a reversal is happening or not. Since we avoid taking unnecessary risks, we should wait for clear sign of reversal in the BTC.D ❤️? Thanks for reading my idea!
This stock has been on a downward spiral since the big bang.....It lost its last level of support and struggling there....Either this will be reduced to a penny stock, or we can expect a reversal....Unless govt does something to revive the sentiments in the stock market, many stocks will be revisiting their lows.....many will break their lows, crores will be wiped out....and when the last bull becomes a bear, thats when markets will reverse....Fundamentally, the bank is still making money, balance is sheet is ok, if not exceptional....I have bought positions with multiple sells till its lifetime high....will start selling in increments of 5 and crossing 10% profit like 10%, 15%, 20%....etc....
Get a chart on Perplexity. Vimta Labs - Breakeven, Near All-Time High
Profit booking in nifty by keeping 2 screens in trading view, both in Call & Put options helps to find out the changing prices & consolidation.