See chart!! Btc is completting wave c. Wave c is an implse wave and most of the times its cover 100% or 127% of wave a.
Dear readers, My name is Andrea Russo, and today, January 9, 2025, I want to share with you the first provisional balance (#1) of the new year. After completing three trades, my initial capital has increased by +5%. Not bad as a starting point, right? But what really matters is not just the result, but the strategy behind these numbers. My Strategy: Win Big and Lose Small My investment approach is simple but effective: Every winning trade increases the current capital by +30%. Every losing trade results in a -10% loss of the current capital. This strategy is based on disciplined risk management and maximizing market opportunities. It’s a system that allows me to move forward gradually, protecting my capital from significant shocks. What Has Happened So Far? Here are the results of the three trades closed so far, all verifiable on my Trading View profile: EUR/MXN: Profit of +30% on the invested capital. EUR/JPY: Loss of -10% on the invested capital. EUR/ZAR: Profit of +10% on the invested capital. Additionally, I have a trade on EUR/NOK, which is currently under evaluation. With this combination of results, my total balance so far shows an encouraging +5% increase in the initial capital. A small step, but in the right direction. Why Share This Journey? Documenting and sharing my journey helps me stay accountable and disciplined. Moreover, I want to show that a clear and verifiable strategy can lead to concrete results, even in a complex and unpredictable market. Looking Ahead This is just the beginning of 2025. I will continue to provide balance updates at regular intervals and publish my trades on Trading View, where you can verify them personally. The road is long, but every step is an opportunity to grow and learn. Thank you for your support.
Hey There On US OIL 1HTF looks on horizontal way looking for retest sell zone area from 74.$ and when the buyer side from 72 per ounce
After a beautiful pump, ZEN is now correcting, together with the whole crypto market. We have already reached typical correction levels (50-61.8% pullback), so I'll be keeping an eye on reversal patterns for long trades. There a support level in the green zone, around 18-19, which could serve as the platform for a new uptrend.
The British pound is on a nasty slide and has lost 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), it lowest level since Nov. 2023. The latest setback for the pound was Thursday's British Retail Consortium (BRC) Shop Price index, which came in at -1% in December, lower than the November reading of -0.4% and the market estimate of -0.6%. This was the lowest level since July 2021. This points to weaker consumer spending, a key engine of the economy. The BRC has projected that food inflation will continue to accelerate, which will add to the squeeze that weary consumers are feeling from inflation and high interest rates. The UK government introduced a "tax and spend" budget last October but retailers have argued that this recipe will lead to retail job cuts and higher prices. The Federal Reserve minutes of the December meeting, released on Wednesday, indicated that policy makers were concerned about the upside risk to inflation, particularly due to incoming President-elect Trump's potential trade and immigration policies. Trump has promised to slap punishing tariffs on US trade partners, including China. Trump has also called for mass deportations of illegal immigrants. The minutes did not mention Trump by name but there was no doubt that Fed members had Trump in mind. Members noted their concern that inflation could rise due to "the likely effects of potential changes in trade and immigration policy". Members also indicated that the Fed was "at or near the point" of slowing the pace of easing. After starting the easing cycle with a jumbo rate cut of 50 basis points, the Fed has delivered back-to-back cuts of 25 basis points. At the December meeting, the Fed lowered its rate forecast for 2025 to two cuts, down from four in the September forecast. After the December meeting, the currency markets reacted sharply to the revised forecast and the US dollar shot up against the majors. The Fed again sounded hawkish in the minutes but this time the US dollar showed little movement against the majors, with the exception of GBP/USD. GBP/USD is testing support at 1.2292. Below, there is support at 1.2220 1.2393 and 1.2465 are the next resistance lines
The overnight price move in gold is certainly constructive from a bullish perspective. It has now recovered the losses incurred over Friday and into Monday, pulling further away from the $2,640 danger level, and now closing in on $2,670. The fact that it is doing this despite the strength of the US dollar, and rising bond yields, is testament to gold’s robustness, as well as an acknowledgement of its status as refuge and safe haven in times of economic, and political, uncertainty. Of course, all on this could get wiped away, by, let’s say, an unexpectedly strong Non-Farm Payroll number tomorrow. That would likely lead to another reduction in Fed rate cut expectations, resulting in further gains in bond yields and a jump in the US dollar. It goes without saying that a weak payroll number could see the opposite market reaction. But as long as gold doesn’t break below $2,640 significantly, then it has a fair chance of pushing higher, particularly given the uncertainty that comes with the incoming Trump administration
#GOLD... market just break his today resistance area and guys keep close that level around 2667 68 if that is proper breakout then we have upside further areas for target. but today we have no major data from US side so stay sharp. good luck trade wisely
Traders, what’s happening? This is a secondary BUY position I’m placing on USDCAD. I believe in this particular setup. The secondary breakout is another confirmation. Full description on the previous post, I will leave a link
https://www.tradingview.com/x/kv8sBxRC/ COINBASE:XRPUSD alright guys today is an exciting day... long position buy order set for $2.10....can set for $2.15 just to be sure order fills....that 5 cents is not going to matter one bit for the next move that is imminent....we are currently in an ABCDE correction after Novembers wave 3 rip that we all enjoyed...i am excited to say we have reached the end of our time here in this corrective phase and the time to move up is here. we have been inside this bull flag since November and through the entire month of December... we have now reached the wave E and are very much in the final leg...price drop to 2.08 area to the bottom of the trend line will then result in the beginning of the 5th wave where will see a very dramatic price spike to the upside and out of this bull flag....my personal price targets for exits will be $2.98-$3.49-and $3.76....with other technical analysis from the community suggesting a much higher price than even these...its important to remember your game plan. and to stick to it..dont let someone elses opinion effect your vision. know your exit and follow through...without a proper exit strategy and the discipline to stay on course in the moment you might as well just be throwing mud at the wall and hoping some sticks...with discipline you will profit...with greed you will be the last one holding the bag...good luck
The chart speaks for itself, we are clearly in a channel. The trend is up. How it goes, no idea, but it is a matter of time.