Wave 5 Break-OutLooks like Rigetti completed the wave 4 correction to the 0,5 fib zone (green box).
Today it broke out of the purple bullflag and reentered the red support.
Saw a retest of the bullflag support earlier today.
If we start wave 5 we might see:
TP1: 18,42 tp 19,73
TP2 27,27 TP1 extension
TP3: 30,65 Wave1+3 extension
Community ideas
Bullish Outlook with Buying Opportunities Based on various factors, the outlook for gold prices in the medium and long term appears bullish.
- From a technical analysis perspective, gold has the potential to move toward $3,500 and beyond, although the momentum of the recent upward trend has slightly weakened, suggesting a possible short-term price correction. If a correction occurs in the short term, it could reach the $3,346–$3,300 range, but gold is unlikely to fall below $3,268. Any pullback to these support levels could present a buying opportunity, as previously mentioned.
- Economic reports and the likelihood of interest rate cuts by the Federal Reserve (expected 50 basis point reduction by the end of 2025) due to projected global inflation above 5% enhance gold’s appeal as a non-yielding asset. Geopolitical issues, including U.S.-China trade tensions, new tariffs (e.g., 25% tariffs on Indian imports due to oil purchases from Russia), and concerns about an economic recession, have bolstered demand for gold as a safe-haven asset. Forecasts such as Goldman Sachs’ ($3,700 by the end of 2025) and J.P. Morgan’s ($4,000 by mid-2026) further support this bullish outlook.
- In the long term, factors such as the declining value of the dollar, rising investment demand (ETFs saw a 98.54% inflow increase in February 2025), and consistent purchases by central banks make gold an attractive option for investors. Therefore, as previously noted, any price pullback can be considered an opportunity to enter the market, particularly given the potential for investors to flock to gold amid unstable economic and geopolitical conditions.
Note:
This analysis is a personal opinion and not investment advice.
Good luck
NEoWave Chart
ADA/USDT-Liquidity swept + CHoCH + RSI Divergence = Bullish Bias🔍 Analysis:
The price action shows a clear change of character (CHOCH) followed by a break of structure (BOS), indicating weakening bearish momentum.
The downtrend was consistently rejecting off a descending trendline, but now price is approaching a breakout zone, where multiple liquidity levels and seller stop clusters align.
Entry is suggested above the descending trendline breakout, where liquidity sweep + RSI bullish divergence (marked as "Bull") confluence supports the idea of a reversal.
A schematic on the right further illustrates a likely path: sweep of sell-side liquidity, accumulation, and a push toward buy-side liquidity.
✅ Ideal Entry:
Entry above the marked resistance zone confirms shift in market structure. If price flips that zone into support, it may trigger bullish continuation.
EUR/USD – Day 12 of 100 Days Analysis
We’re closely watching price action around the 1.16164 demand zone. If price holds above this range and breaks 1.16472, we may see a bullish continuation up to 1.17060.
🔍 Smart Money Perspective:
Price may dip below the minor low to sweep liquidity
Retest around 1.16472 can offer a long opportunity
Target Zones:
🟢 TP1 – 1.16722
🟢 TP2 – 1.17060
⚠️ Risk Zone:
Below 1.16164, invalidation for longs. Break of 1.15981 = bearish shift.
📆 Recorded on: August 7, 2025
📍 Session: New York
💥 Watch this level-by-level roadmap unfold and stay consistent through 100 days of EUR/USD analysis!
👇 Comment your bias – Bullish or Bearish?
#forexsignals #eurusdanalysis #tradingview #priceactiontrader #forexchart #technicalanalysis #traderlifestyle #nyopen #smcforex #forexjourney
WTI: Oil Markets on Edge Despite Trump Considering Major TariffsOil prices could drop if Trump backs down on tariffs on countries buying Russian oil, but short-term bullish catalysts, like geopolitical tensions and bullish speculative bets, may still push prices up before longer-term headwinds take hold.
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Trump’s threats of steep tariffs on countries buying Russian oil have sent oil prices surging, as traders fear a global supply crunch if Russian barrels are cut off.
But here’s the twist: Trump has a history of backing down or delaying tariffs after using them as leverage. When he does, oil prices usually fall, as the immediate risk of supply disruption fades.
If he caves in again by the deadline, which is 10 to 12 days from 4 August, or extends it, oil prices could drop. The bigger picture also appears bearish: OPEC+ is ramping up supply, global demand is slowing and expected to drop in H2, and inventories are rising (first glimpse by EIA, Wed).
But with the deadline falling around 14–16 August, 2025, short-term bullish catalysts could spark a rally up to the 38.2%-61.8 % Fibonacci retracement levels, positioning WTI better for declines (conditional on Trump!).
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
XAU/USD 08 August 2025 Intraday AnalysisH4 analysis:
-> Swing: Bullish.
-> Internal: Bullish.
You will note that price has targeted weak internal high on three separate occasions which has now formed a triple top, this is a bearish reversal pattern and proving this zone is a strong supply level. This is in-line with HTF bearish pullback phase.
Remainder of analysis and bias remains the same as analysis dated 23 April 2025.
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS.
The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price.
As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish.
Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback.
Intraday Expectation:
Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
OG Bearish DivergenceBINANCE:OGUSDT
Trade Setup:
Target 1: 6.714(0.786 Fibonnaci Golden Zone).
Target 2: 6.051 (0.618 Fibonnaci Golden Zone).
Target 3: 5.584 (0.5 Fibonnaci Golden Zone).
Target 4: 3.609 (0 Fibonnaci).
DCA : 8.093 (1.135 Fibonacci)
Stop Loss: 8.635 (1.272 Fibonacci).
RSI Analysis: The RSI is showing a bearish divergence, suggesting potential bearish momentum. The current RSI is around 84.67, approaching oversold territory, so caution is advised.
BTC 4hHello to all traders. 😎😎
I hope all your deals will hit their targets. 🎉🎉
I think Bitcoin can grow to the $117,000 range and then even to $119,000. Even if it wants to do it in a downtrend, it must first grow to collect the short positions from above and then fall.
⚠️⚠️⚠️⚠️Don’t forget to apply proper risk management!
What Do You Think?
Which scenario do you think is happen? **Share your thoughts!** ⬇️
Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss🛑🛑🛑
❤️❤️❤️The only friend you have in financial markets is your stop loss❤️❤️❤️
Please support me with your ✅' like'✅ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me 🙏😊
Be Happy , Ali Jamali
Bullish on XRPCurrently all eyes are on ETH, but XRP is doing the same thing. Its ultra strong (at least as strong as ETH), bullish on all timeframes, trading above major EMAs. Showed off a 10% growth since the EMA crossover. Now let it cool down a little bit and wait for a entry around 3.20$. From there we may catch the next leg up 3.90$.
For more trade ideas check and insights check our profile.
Disclamer: only entertaining purpose, no financial advice - trading is risky.
Oil continues to decline due to geopolitics optimismOil continues to decline due to geopolitics optimism
A Kremlin official announced that Presidents Trump and Putin will hold a summit soon, their first since 2021, with a White House source suggesting it could occur as early as next week. Optimism surrounding potential U.S.-Russia discussions on the Ukraine conflict has alleviated concerns about oil supply disruptions, despite U.S. sanctions targeting India for its continued Russian crude imports. Trump introduced a 25% tariff on Indian goods and signaled possible additional tariffs on China. However, increased OPEC production and ongoing trade tensions remain key concerns, raising fears of slower economic growth and reduced demand.
Technically, USOIL trades just above the 6,300.00 support level. Insignificant rebound from this level is expected with possible decline towards crucial 6,000.00 support level.
EURCHF – DAILY FORECAST Q3 | W32 | D8 | Y25📊 EURCHF – DAILY FORECAST
Q3 | W32 | D8 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FX:EURCHF
Snap Inc. — key weekly support area for long positionsSnap Inc.
Regularly Pays Cash as Salaries
Price is testing a strong support zone near 6.00–7.00 USD, held since 2022.
Bullish reversal signals are forming. First target: 10.30, second target: 13.16 to 17.43.
Potential upside exceeds 60 percent.
The area is attractive for mid-term investors if the support holds. If price dips lower, I will average the position at 5.50 USD within the extended support zone.
"simple deal that makes money"
EURGBP – DAILY FORECAST Q3 | W32 | D8 | Y25📊 EURGBP – DAILY FORECAST
Q3 | W32 | D8 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FX:EURGBP
ETH/USDT – Smart Money Is In. Is a New Bull Cycle Starting?What is the market telling us? Without a doubt, Ethereum is entering a new weekly-level bullish cycle, a move that could reshape the altcoin landscape in the coming months.
🔍 Trend Confirmed – Breakout from Ichimoku Cloud & Key Resistance
ETH has just broken out of a multi-month accumulation phase around the $2,000–$2,400 range. On the weekly timeframe, price has clearly broken above the Ichimoku Cloud and pierced through the major resistance zone that had previously capped upside moves.
This is not a technical bounce — it’s a confirmed trend shift into a mid-to-long-term uptrend.
💡 Key Insight: Steady Volume Growth = Smart Money
Unlike FOMO-driven rallies, this breakout is accompanied by steady, non-explosive volume, indicating smart money accumulation rather than speculative chasing.
🧱 Fair Value Gaps (FVGs) – Zones You Can’t Ignore
On the weekly chart, ETH has printed multiple Fair Value Gaps — price zones where strong buying pressure left the market no time to fill the gaps.
Key FVG zones to watch:
🔹 $2,400 – $2,700
🔹 $2,900 – $3,200
🔹 $3,400 – $3,700
These are not just support zones — they are “whale footprints”. Price often reacts to these levels and they offer ideal re-accumulation zones before the next leg up.
📈 Clear Trend Structure – Higher Highs, Higher Lows
ETH is currently trading around $3,910, a price level that hasn’t held steady since early 2022. But now, things are different:
✅ Trend shift confirmed – Higher Highs & Higher Lows
✅ Volume supports the move
✅ Market sentiment is clearly improving
If ETH holds above $3,700, the next target could be $4,800 – $5,000. In a more bullish scenario, we may even see a return to all-time highs, especially if Bitcoin continues to lead the market.
🧠 Trading Strategy: No FOMO – Wait for a Better Entry
❌ I’m not buying into $3,900+.
✅ I’ll wait for ETH to pull back into the $3,400–$3,600 range — a confluence zone including:
Strong FVG
Previous support
Ichimoku Cloud
Bullish structure
If clear confirmation shows up here (e.g., increasing volume, pinbar, bullish engulfing), I’ll open a medium-term long position targeting the $5,000 zone.
At that level, the risk:reward is extremely attractive.
💬 Final Take: This Is Not Just a Technical Bounce
Looking at the full picture — structure, volume, smart money flow, and sentiment — this is not a typical technical rebound. It's the early phase of a new bullish cycle, led by Ethereum.
And as I always say:
"Altcoins don’t rally because of FOMO — they rally because Ethereum leads the charge."
👉 What price zone are you watching ETH at?
Do you have a strategy for this wave?
Drop your thoughts in the comments — I’d love to hear your view!