SPY/QQQ Plan Your Trade For 4-29 : BreakAway in CarryoverToday's pattern is a Breakaway in Carryover mode.
That suggests today's price move will attempt to break away from yesterday's body range and may be somewhat similar to yesterday's price action.
I interpret this pattern as a potential breakdown (breakaway) attempting to possibly find support below 540.
Remember, we are moving into the May 2-5 Major Low cycle pattern - so price should attempt to move downward at this stage.
Gold and Silver are moving through a consolidated topping phase. Where price attempts to push higher through a series of tops. Ultimately, I believe Gold and Silver will make a big breakout move higher (above $3500, $35.00) and attempt to rally up - breaking the $4200+ level (eventually).
Bitcoin seems to be stalling, like the SPY/QQQ, near upper resistance (near the FIB 50% level).
I see this stalling as the markets searching for a trend.
As I keep saying, I have a hard time seeing any reason why the markets will rally to new ATHs in the current environment (except the possibility of pure speculation).
We need to see some real growth expectations for the markets to begin another big rally phase.
Right now, I'm looking for confirmation of my breakdown into the May 2-5 Major Bottom pattern. Let's see if that actually happens or not.
Get some.
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LITCOINFounder of Litecoin
Charlie Lee is the founder of Litecoin.
He created Litecoin in 2011 as a "lighter" version of Bitcoin, aiming to provide faster transaction confirmation times and a different hashing algorithm (Scrypt) to allow broader mining participation.
Charlie Lee is a well-known figure in the cryptocurrency community and has been active in promoting Litecoin’s adoption and development.
Summary
Short-Term Bias Cautiously bullish with volatility
Founder Charlie Lee
Founder’s Vision Faster, more accessible alternative to Bitcoin
Conclusion:
Litecoin’s trade directional bias in April–May 2025 leans toward a bullish rally with expected price appreciation up to around $120, tempered by potential mid-month corrections. Investors should monitor key support and resistance levels closely. The coin’s founder, Charlie Lee, remains a prominent advocate for Litecoin’s role as a faster, more accessible cryptocurrency alternative.
Ripple is near a strong resistance area.The technical picture of CRYPTO:XRPUSD on our daily chart shows that the crypto is near a medium-term downside resistance line, drawn from the current highest point of 2025.
Let's take a closer look.
MARKETSCOM:RIPPLE
Let us know what you think in the comments below.
Thank you.
77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
SIGNUSDT CHART ANALYSİSHOW TO SECURE YOUR CRYPTO ACCOUNT?
Cryptocurrency can be rewarding but dangerous, especially with so many cybersecurity risks. So how should you protect your crypto?
When it comes to keeping your cryptocurrencies secure, the blockchain industry today provides many security measures. From trading to storing and using your crypto, simple tips are effective in keeping your funds safe. In terms of storage, each alternative has its benefits and drawbacks, so it's essential to understand the trade-offs. As always, make sure to do proper research into anywhere you’re putting your money or crypto.
If you signed up for your exchange or chosen trading method, follow standard good practices to keep your account safe. These tips are no different from those you would use for your online bank account or other sensitive information. Preventing people from getting access to your account and its funds is easy by:
1. Using a strong password you regularly change. The password should not include identifiable personal information like your date of birth, for example. Make sure it is also long, is unique to that account, and contains symbols, numbers, and lowercase and uppercase letters.
2. Enabling Two-Factor Authentication (2FA). If your password is compromised, 2FA using your mobile device, authenticator app, or YubiKey acts as a second level of protection. You need to use both your password and the 2FA method together when logging in.
3. Watching out for phishing attacks and scams via email, social media, and private messages. Fraudsters frequently impersonate exchanges and trusted individuals to try and steal your funds.
4. For maximum safety, consider investing in a Virtual Private Network (VPN). A good VPN will encrypt your communications and hide your online activities from potential intruders while hiding all cryptographic activities from your Internet Service Provider (ISP).
Pro-tip: You also should not download software from unknown sources as it may contain malware
EURUSDEUR/USD Monetary Policy Decisions from the Central Banks (April 2025)
The ECB lowered its three key interest rates by 25 basis points.
Deposit Facility Rate: Reduced to 2.25%
Main Refinancing Operations Rate: Reduced to 2.40%
Marginal Lending Facility Rate: Reduced to 2.65%
These changes take effect from April 23, 2025.
Rationale:
The ECB cited a well-progressing disinflation process, with both headline and core inflation declining and expected to settle near the 2% medium-term target. Wage growth is moderating, and the euro area economy has shown resilience. However, the outlook for growth has deteriorated due to rising global trade tensions, which are increasing uncertainty and tightening financial conditions. The ECB emphasized a data-dependent, meeting-by-meeting approach and is not pre-committing to a specific rate path.
Economic Context:
Growth outlook is weakening, with ECB President Christine Lagarde warning that US tariffs could halve Eurozone growth this year from an already modest 0.9% forecast.
Inflation risks remain, especially from potential retaliatory tariffs and increased government spending.
U.S. Federal Reserve (Fed)
The Fed kept the federal funds rate unchanged at 4.25%–4.5%, continuing the pause in its rate-cut cycle that began in January 2025.
Outlook:
The Fed anticipates two rate cuts (totaling 50 basis points) later in 2025, but is cautious due to persistent inflationary pressures and economic uncertainty, particularly from elevated tariffs and trade policy shifts.
Policymakers see inflation risks as tilted to the upside but have downgraded growth forecasts for 2025 (now 1.7%, down from 2.1%).
The Fed remains data-dependent, with future decisions hinging on inflation and labor market developments.
Implications for EUR/USD
The ECB’s rate cut narrows the interest rate differential with the Fed, which can support EUR/USD upside if the Fed remains on hold or cuts rates later than the ECB.
Both central banks are emphasizing a data-dependent approach, responding to evolving inflation and growth dynamics
Trade tensions and tariff policies are a major source of uncertainty for both economies and could influence further monetary policy actions.
Summary Table
ECB Cut by 25 bps (Apr 2025) Deposit: 2.25% Disinflation on track, growth risks from trade tensions, data-dependent
Fed Held steady (Mar 2025) Fed Funds: 4.25%–4.5% Inflation risks, slower growth, 2 cuts expected in 2025, data-dependent
In summary:
The ECB has just cut rates to support growth as inflation moderates, while the Fed is holding steady but signaling possible cuts later in 2025. Both central banks are highly data-dependent, with trade tensions and inflation risks shaping their outlooks. This evolving policy divergence is a key driver for EUR/USD in the months ahead
Carney wins, US jobs are in spotlight. Short-term USDCAD reviewThe former BoE chief Mark Carney became the new PM of Canada. US JOLTs, ADP and NFP numbers are carefully monitored by USD traders. What could happen with MARKETSCOM:USDCAD ?
Let's find out.
FX_IDC:USDCAD
Let us know what you think in the comments below.
Thank you.
77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
EURUSD Short: Completion of Double CombinationThis is the Elliott Wave counts for EURUSD. I go through the wave counts from weekly degree then drill down to the 15mins for trading purpose. I suggested 3 entry points as a scaling-in strategy to trade this. Important for this is, as usual, the stop loss.
Gold - $3,500 All-Time High! When Will The New Highs Form?It's been a good run throughout 2025 with little to no drawdown week in, week out. Only 3 bearish weekly closures in 2025 but i believe we wil be seeing a few more of them as the Dollar Index is starting to pivot.
On a lookout for low hanging fruit PD arrays; 1st point of interest is $3,260 with the overall draw to $3,193 - $3,167 being the stretch target
EURUSD - I Have A Lot Of Faith In Euro This Week!Euro is showing signs of weakness, failing to close above the 1.15123 higher timeframe PD array leaving EURO in limbo between two higher timeframe PD arrays; the 3-month IFVG and1 week SIBI.
I am exploring opportunities to the downside going into next weeks trading with 1.13080 being the 1st point of interest.
1.08814 - 1.11464 nearby BISI is a price range i have my eyes on also.
GBPUSD - End Of The Bullish Gravy Train?With a strong bullish rally throughout 2025, it is considered 'stupid' to bet against the trend. As the famous saying goes, 'the trend is your friend' and to a certain extent, it is true.
But during the time of bullish price action, there is a minor retracement that occurs that allow smart money to buy at a lower price and a scenario like this is most likely going to play out going into the next weeks trading as I am seeing weakness across the board with Dollar Index and EURUSD.
1.32340 is my 1st point of interest
Dow Jones - Market Conditions That Will Make A Grown Man Cry!Dow Jones has not had a good month when comparing with the gains Nasdaq booked or even the recovered losses throughout the month for S&P but I am optimistic about good times ahead.
In the short term, there is high potential for Dow jones to gravitate into the weekly SIBI @ $41,144 - $41,707, especially if NQ continues it's rally into a premium and Sunday NWOG does not change current market structure.
Dollar Index - Short Term Relief Rally Upcoming?From the beginning of 2025, it's been nothing but pain in the markets; bearish prices on bearish prices and it's not looking like it's the ends.
But wheat happens when the market is trading one way for a long time is you tend to have short squeezes. This is where traders place and trail their stop losses above recent highs with the expectation that the market will not reverse back into the highs before continuing lower.
I believe something like this can play out this week It all depends on Sundays opening....
USD/JPY Trade Recap, AUD/JPY Long, AUD/USD Short & CAD/JPY ShortAUD/JPY Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
AUD/USD Short
Minimum entry requirements:
• If tight non-structured 1H continuation forms, 15 min risk entry within it if the continuation is structured on the 15 min chart.
• If tight structured 1H continuation follows, 1H risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• If structured 1H continuation forms, 1H risk entry within it.
US10Y - Higher Probability Times Are to Come Soon!Throughout this month, its been nothing but indecision in the markets and it does not look like anything will change anytime soon!
With the reciprocal tariffs running rampant throughout the economy, investors and traders cannot make up their mind whether they want to be a buyer or seller.
Best thing to do is sit on your hands and be patient as market conditions like this have the power of ripping your face off!
GOLD: Remains Bullish With Low MomentumGOLD: Remains Bullish With Low Momentum
In today's video, I discussed potential price movements for gold in the coming days. While the overall trend remains bullish, uncertainty is still present.
Be careful, the direction of gold is still unclear despite the strong upward momentum.
Volume is very low as the precious metal has been stuck in a range-bound trading zone so far.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
AVAX: Poised for a Major Bullish Surge – Potential Gains of 250%AVAX: Poised for a Major Bullish Surge – Potential Gains of 250%
In this video, I break down how AVAX could unfold and the trading opportunities it presents.
A significant bullish wave may be on the horizon!
You may watch the analysis for further details!
Thank You and Good Luck!
GBPUSD Analysis Today: Technical and Order Flow !In this video I will be sharing my GBPUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
My analysis for GBPUSDPrice was consolidating, then we had a breach to the upside, meaning the big boy are not filled. The cant continue to buy at higher price, they need cheaper price to continue their business.
So we will wait for a pullback(discount) from the seller, before we will continue to buy with the big boy. OANDA:GBPUSD