What’s Next for EURUSD: Wave 4 InsightsEURUSD recently completed and impulsive wave 3, the current count shows a deep Wave 2 zigzag correction, signaling that Wave 4 is likely to take a different form according to the Elliott Wave Guideline of Alternation. In this update, I am exploring the probable Wave 4 scenarios — including flats, or complex corrections. If this count is correct then we should expect price to continue bullish after this 4th wave completion.
Trend Lines
XAGUSD: Silver, and the latest on tariffs!Silver is trading in its ascending channel on the 4-hour timeframe, between the EMA200 and EMA50. If silver reaches the supply zone, it can be sold. A downward correction will also provide us with a buying opportunity with a good risk-reward ratio.
U.S. President Donald Trump has implemented tariff policies with the aim of revitalizing domestic manufacturing. During the 1980s, a significant portion of American manufacturing jobs either moved overseas or were replaced by automation technologies.
The shift in production was largely driven by wage disparities across countries. Nevertheless, the United States remains a leading global manufacturer, although it now focuses on producing higher-value goods. Experts argue that imposing import taxes is unlikely to achieve one of its stated goals: restoring manufacturing as a central pillar of the U.S. economy.
According to many economists, Trump’s campaign to impose tariffs on a wide range of goods from trade partners is unlikely to bring back the manufacturing jobs that once formed the backbone of the blue-collar middle class.
In the mid-20th century, the U.S. was the manufacturing capital of the world, employing more workers in this sector than any other. At its peak in the 1950s, one-fourth of the civilian workforce was engaged in manufacturing.
However, starting in the 1980s, free trade agreements facilitated the relocation of many industries abroad, while automation reduced the need for human labor in the remaining factories. Today, only about 7% of the workforce is employed in manufacturing—a figure that has remained largely unchanged since the Great Recession.
The goal of tariffs is to incentivize businesses to relocate their factories to the U.S. to avoid paying import taxes—costs that are typically passed on to consumers.
While some economists believe this approach could work for select industries, it is unlikely to recreate an era in which most household items carried the “Made in America” label.
According to a report by The Wall Street Journal, while it’s unlikely that the Chinese President will initiate a call himself, the odds of Xi Jinping responding to a call from Trump are reportedly high.
This comes amid heightened tensions between the two nations due to new tariffs and escalating trade disputes, where both sides appear to be locked in a power struggle—neither willing to be the first to back down.
Although this news may seem minor on the surface, it carries a deeper signal for the markets: despite ongoing tensions, the possibility for communication and negotiation remains. This prospect, especially in a highly volatile environment, could be seen as a positive sign by investors.
Earlier in the week, Trump had stated he was waiting for a call from Xi. Now, the Wall Street Journal suggests that if Trump initiates the conversation, a response from China is likely. While this may be an unofficial message from within the Chinese leadership, it still indicates that the door to dialogue and de-escalation is not entirely closed.
''Altseason 2025''Welcome back dearest reader,
I will probably get alot of backlash from bitcoin maxi's for writing this post, i have read and heard it all by now. I'm not disregarding their opinion on bitcoin and i think it will do well, but not as well as some altcoins which i have monitored.
First the technical part:
~Bitcoin has seemingly formed a double top pattern with now on the weekly a gravestone doji (confirming this sunday). Looking at previous action from 2019 and 2020, these have been topping indicators and indicate a bearish reversal which in turn will be bullish for altcoins.
~ MFI --> massively overbought.
~ Stoch RSI --> nearly at 100! Screaming for a reversal.
Over the past months everyone seemed to think ''this is the top, only to see dominance rise further and alts bleeding''. It is possible that BTC.D doesn't correct immediately, but i do suspect an altseason to be really close.
Sentiment: When everyone... i mean EVERYONE is bearish. ''Alts to zero'', ''bitcoin is the only good coin'', ''Ethereum is dead''. This has historically been the perfect time to buy. And that time is now.
''But, there are over 13 million altcoins now!''
Yes this is true, i don't think all of them are going to do well, stick to the ones available on big exchanges. Those have 400 different ones on average. From those i have covered some allready which i think are going to do well, it's worth your time to look at those ideas.
Any questions?
Ask.
~Rustle
WTI - Will Iran return to the group of oil producers?!WTI oil is below the EMA200 and EMA50 on the 4-hour timeframe and is moving in its medium-term descending channel. If the correction towards the supply zone continues, the next oil selling opportunity with a suitable reward for risk will be provided for us. In this direction, with confirmation, we can look for oil buying transactions.
The U.S. Energy Information Administration (EIA), in its latest report, has downgraded its forecasts for oil and natural gas production, consumption, and prices for 2025 and 2026, while warning about the uncertain outlook of the energy market amidst economic volatility and escalating trade tensions.
According to the updated estimates, U.S. crude oil production in 2025 is expected to reach 13.51 million barrels per day, down from the previous forecast of 13.61 million barrels. For 2026, the figure has been revised to 13.56 million barrels per day, a reduction from the earlier 13.76 million forecast. Monthly data shows average U.S. oil output stood at 13.44 million barrels per day in April and 13.55 million in March, with similar levels expected in May.
Globally, EIA projects oil production in 2025 to be around 104.1 million barrels per day, slightly down from the earlier estimate of 104.2 million. For 2026, the revised figure stands at 105.3 million barrels per day compared to the previous 105.8 million.
On the demand side, global oil consumption forecasts have also been reduced. In 2025, demand is now estimated at 103.6 million barrels per day instead of 104.1 million, and for 2026 it is projected at 104.7 million barrels per day, down from the prior estimate of 105.3 million.
Regarding natural gas, the EIA reports that average U.S. gas production in April will be around 115 billion cubic feet per day, slightly lower than the 115.3 billion cubic feet reported in March. May’s forecast stands at 115.4 billion cubic feet. Demand has also dipped, with estimates for 2025 now at 91.2 billion cubic feet per day (down from 92), and for 2026 at 90.5 billion (previously 91.1).
In terms of pricing, EIA has made significant downward revisions. The average price of West Texas Intermediate (WTI) crude oil is now forecast to be $63.88 per barrel in 2025, compared to the earlier $70.68. For 2026, this drops further to $57.48. Brent crude is now estimated at $67.87 for 2025 and $61.48 for 2026, both notably lower than prior projections.
One key highlight from the report is EIA’s warning about high volatility in major commodity prices, especially crude oil. The agency underlined that reciprocal tariffs between China and the U.S. could heavily impact markets, particularly the propane sector.
EIA noted that U.S. liquefied natural gas (LNG) exports are likely to remain resilient despite trade disputes. This is attributed to strong global demand and the flexible nature of U.S. export contracts, which allow unrestricted shipments to multiple destinations.
However, when it comes to oil and petroleum products, the agency maintained a more cautious tone, emphasizing that recent shifts in global trade policies and oil production patterns may slow the growth of demand for petroleum-based products through 2026.
Altogether, the downward revisions by the EIA carry a clear message: the energy market outlook over the coming years is fraught with uncertainty. From supply and demand to pricing, political and economic forces such as trade wars and potential global recessions are expected to play decisive roles.
Meanwhile, according to Reuters, after U.S. President Donald Trump once again threatened military action if Tehran refuses to agree to a nuclear deal, a senior Iranian official responded by warning that Iran may halt its cooperation with the U.N.’s nuclear watchdog.
Reports indicate that American and Iranian diplomats will meet in Oman on Saturday to begin talks on Tehran’s nuclear program. Trump stated that he would have the final say on whether the negotiations are failing, which could place Iran in a highly dangerous position.
Ali Shamkhani, a senior adviser to Iran’s Supreme Leader, posted on X (formerly Twitter) that ongoing foreign threats and the looming threat of military confrontation could lead to deterrent actions such as expelling International Atomic Energy Agency (IAEA) inspectors and cutting ties with the agency.He also mentioned that relocating enriched uranium to secure, undisclosed locations within Iran may be under consideration
CHFJPY: Intraday Bullish Signal?! 🇨🇭🇯🇵
It looks like CHFJPY has completed a local correctional movement
after a formation of a strong bullish wave.
I see a violation of a resistance line of a falling wedge pattern as a confirmation.
Next goal - 175.72
❤️Please, support my work with like, thank you!❤️
Insight into the gold market situation and seize the opportunityHello everyone! After in-depth research and analysis of the recent market conditions, I believe that the current market has entered the stage of accelerating to the top.
From a technical point of view, such as the MACD top divergence sign, the KDJ indicator oversold, etc., all signs show that the market's upward momentum is gradually weakening, while the price is rising rapidly, which is often a typical feature of the peak stage.
The focus needs to be on the 3225-3235 area. This range has important resistance significance and has dense locked-in disks. On the other hand, through technical analysis tools such as the Fibonacci sequence, this range is also an important pressure range.
For investors with short trading rights, this is a rare opportunity to go high and short. When the price reaches the 3225-3235 area, it is a relatively ideal time to enter the short market. The one-hour moving average golden cross is formed, but after the upper rail of the Bollinger band is broken, the technical overbought risk increases, and the support near 3150 is effective. 80 points are also possible, so don't look at the current trend with a conventional perspective.
What Next For Gold?So I went back to the weekly after yesterday's success and ath (all time high) and had to re-draw my channel to get a little insight to where she's headed. To be honest, i see a move to 3300 happening (not a prediction). So I have this little vibe. watch the video to see my entry..
Accurately capture the gold pullback, shorting is the right timeDuring this period, spot gold has been like a rocket, advancing all the way and firmly in the upward channel. I have repeatedly reminded everyone before that once the US tariff stick is swung, the gold price will definitely rush up like a chicken blood. No, the facts prove that our prediction is quite reliable!
Tonight, the market ushered in another "big news" - the release of CPI data. As soon as this data came out, it directly gave the gold price a "heart shot", and the gold price was instantly pushed to around US$3160. This rise is too crazy! Interpret this data as soon as possible and pay close attention to the reaction of the gold market.
However, when the gold price rose to the previous high of US$3158-3168, it was like hitting a wall and began to "struggle". From my technical analysis point of view, there is a relatively strong resistance level in this range. It's like a person climbing a mountain, climbing to a certain height, and encountering a steep cliff. If you want to continue to go up, you have to work hard. At present, the gold price is under pressure at this position, and there are some signs of a correction. This provides us investors with a small opportunity to consider trying a short position here and earn some spread profits. I also suggest that investors can properly seize this short-term opportunity.
For example, the current gold market is like a fierce football game. The long team is strong and has been attacking all the way, and is in a dominant position. The short team can only seize the opportunity occasionally and make a quick counterattack. We investors are like coaches, and we must arrange tactics reasonably according to the situation on the field. When the long side is dominant, we can use short selling to increase our profits in a timely manner. I hope everyone can accurately grasp the market rhythm like an excellent coach.
Long Position ATOM/USDT🚀 ATOM/USDT – Falling Wedge Breakout in Progress
The price just broke out of a falling wedge for retesting the major support zone (🔵 4.32 to 4.185). This is a classic bullish reversal setup forming at the right spot.
📈 Long Bias Activated
Momentum is building for a potential multi-TP run if the breakout holds.
🟢 LONG Position Entry: 4.32 to 4.185
✅ Target1@ 4.383
✅ Target2 @ 4.456
✅ Target3 @ 4.552
✅ Target4 @ 4.663
🔴 Risk Level: Invalid below 4.185
🧠 Why it matters:
Wedge formations often lead to explosive breakouts. With the structure forming at demand, this could be a liquidity sweep followed by a rally.
POINT: Next Possible 🔴 Short Zone could be around 4.666
EUR/USD keen to go LONG.1/ The last quarter of 2022 printed an Engulfing Bull Candle before price went into a 28 month Range.
2/ The Range Low has recently been 'swept' by January 2025's low, while at the same time respecting the afore mentioned '22 final quarter 50% level and breaking out of the (almost 20 year old) decending Channel.
3/ I believe price is about to Break Out Long from the 2 year Range and target the quartly Fair Value Gap at 1.3 - 1.35.
Possible Mid-Term Long Position BTC/USDT before Short to 73,700🔥 BTC/USDT – Key Demand Zone Holding
Bitcoin tapped into a high-probability long zone (78,318 - 77,979) after a sharp retracement — and we’re already seeing signs of a short term bullish reaction.
🟣 Zone to Watch:
“Possible Long Zone” marked in Red — structurally aligned with previous breakout demand.
Price tapped into the “Possible Long Zone” with precision — strong reaction confirms it’s a high-probability entry area for bulls.
🟢 Key Zone Support: 78,318 - 77,979
🎯 Take-Profit Zones:
✅ TP1: 79,417
✅ TP2: 80,526
✅ TP3: 81,839
✅ TP4: 83,510 (Final Zone)
❌ Invalidation Level: 75,783
(Break below this = setup fails)
🚀 Momentum is building.
🧠 Narrative:
This looks like a retest before continuation. If price consolidates above 78,800 with volume, the next impulse could send us toward new local highs.
🎲 Context:
This looks like a smart money move — liquidity grab below support, followed by a strong rejection.
Bull market hides falling crisis!Gold rose sharply to around 3170 in the short term. Gold is in an obvious bull market. I think we should not be too optimistic! Don't blindly chase gold in trading!!!
Although it is only one step away from the previous high, it not only faces the psychological resistance of 3200, but also multiple integer resistance. After the fundamental positive factors are exhausted, it is difficult for gold to have enough power to continue to rise and break through the heavy resistance.
So the sharp rise of gold is likely to be a bull market trap, in order to confuse more people to chase gold, and large institutional funds take the opportunity to sell! So in terms of short-term trading, I still will not vigorously chase long gold, I will start to short gold gradually in batches! The faster gold rises, the faster it may collapse!
Bros, I am not afraid of shorting gold now. I think short trading can also bring me huge profits. The retracement target first focuses on the area around 3135.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Bitcoin Trendline support soon can pump it to 83K?Trendlines are one of the major supports or resistances and on this Bitcoin chart we can see few examples which price react well to them and start to pump from green trendlines and sometimes dump from red trendlines and it is easy to draw one just and simple like drawing support line this time try to find support line which is Diagonal and one or two touch with this trendline you can find next support which is third touch and you can set your buy there like below example:
also sometimes trendline broke and their support turn to resistance and after retest of breakout you can enter sell like example:
there are so many rules about trendline like when it can break or after how many touches trendline lose it's power and ... we can discuss in comments more about them so ask any questions there and lets discuss.
Also this is educational post and Bitcoin right now may respect this trendline and hit 83K$ as target or in this bear market this support can also break and we can expect next bear targets like 69K$ then.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
AUDJPY Elliott Wave Analysishello friends
In the AUDJPY currency pair, we see the formation of a 5-wave pattern in the dominant wave (B). Before these 5-waves, we see a strong downward movement. which we call wave (A).
These 5 waves have modified the previous powerful movement, and the corrective movements are always more complicated and time-consuming than their previous wave.
Therefore, it is more likely that the price will return to its original movement.
Therefore, with the hypothesis of continued downward movement, we are waiting for the break of the trend line drawn at the 5-wave bottom (wave B) and with the break and pullback, we can enter into a sale transaction.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
NIFTY taking support ! Signs of REVERSAL!!?Following the global cues, the gains has been nullified by today’s fall in global market which can lead to not so strong of a opening but in a broader view NIFTY seems to be taking support at the falling wedge structure which is a potential signs of REVERSAL and strength hence as long as NIFTY maintains itself above the structure, every dip can be bought despite of global volatility so keep watching everyone and plan your trades accordingly.
GOLD → Global economic risk indicator consolidates ahead of CPIFX:XAUUSD , rather quickly changes the market structure to bullish and continues its aggressive rally. The economic risk indicator is working perfectly. Technically, the focus is on the range 3135 - 3099
Gold is consolidating around $3,100 in anticipation of US inflation data. The escalating trade war between the US and China keeps demand for defensive assets alive despite the pause in price gains. Trump imposed 125% tariffs on Chinese goods and China retaliated with duties of 84% on U.S. imports. Increased tariff tensions are raising recession expectations and encouraging bets on a Fed interest rate cut, which supports gold. However, a rise in March CPI inflation (expected 2.6% y/y) could trigger a downward correction, although the impact could be short-lived - tariff news remains the main driver
Technically, the price failed to reach the 3135 liquidity zone and reversed, which attracted the crowd willing to sell (deceptive maneuver). But, after correction the price may return to the target quite quickly
Resistance levels: 3135, 3167
Support levels: 3100, 3090, 3077
Emphasis on the range boundaries, possible retest of 3100-3090- 3075 before continuation of growth. On the news or before the opening of the American session there may be a long squeeze before the continuation of growth.
Regards R. Linda!
Comprehensive Research - McDonald’s Stock Set to SoarQuick read:
McDonald's stock is poised for a bullish move, with Wave 3 likely starting and strong support near 290.50–295.00. Traders should long on dips within this range, for next resistance levels, 326.00 and 348.00 with a invalidation below 276.00. This setup offers a solid risk-to-reward in a long-term uptrend. Alternative safe entry is possible after the break of corrective channel breakout of wave (2).
Elliott Wave Forecast:
TF - Daily
The chart suggests that McDonald’s stock is in the middle of a larger upward move known as Wave C, which comes after completing a complex correction. Wave C is expected to unfold in five smaller waves, a pattern that usually points to a strong uptrend. It appears the correction is behind us, and a fresh bullish phase is underway.
Starting from the low at 276.53 , marked as Wave B, the price climbed to 326.32 , forming Wave one. After that, the stock pulled back to 290.50 , forming Wave two. This pullback followed a typical ABC pattern within a corrective channel, which often signals the end of a downturn and the beginning of an upward move.
Now, Wave three seems to be starting, and this is usually the strongest part of Wave C. The price is expected to move above 335 , take a small pause for Wave four, and then rise again to complete Wave five somewhere around 345 to 350 dollars. This positive outlook remains intact as long as the price stays above 290.50 . With the breakout from the corrective channel, the setup looks strong and clear for buyers.
Fibonacci levels:
Fibonacci Extension Targets:
1.000 extension: 326
1.618 extension: 348
Correction Retracement Levels:
Wave 2 retracement: 78.6%
A = C in A-B-C correction: 289.21
Price Action & shifting of value:
TF: Weekly
McDonald’s stock has been steadily climbing inside a rising channel since late 2020, showing a clear long term uptrend. The price has respected both the top and bottom edges of this channel very well, and interestingly, the middle line has acted like a pivot, providing support or resistance multiple times over the years.
Recently, the stock made a higher low at 276.53 and bounced back strongly, keeping the bullish structure intact. It then pulled back to 290.50 , right around the middle line of the channel, and held above an upward sloping trendline. This kind of price action shows strength and suggests buyers are stepping in.
The sharp move from 276.53 up to current levels looks like a strong bullish leg, possibly driven by accumulation. If the stock can break above its recent high of 326.32 , it could head toward the upper end of the channel. As long as the price stays above 290.50 and especially above 276.53 dollars, the bulls remain in control. Even if the price dips a bit, the long term trend stays positive unless the lower boundary of the channel breaks down.
I will update more Information here.
DOGE → Will the market hold strength or lose it all?BINANCE:DOGEUSDT is testing the liquidity and resistance zone amid a downtrend as part of a news-induced rally. Will the market hold this trend or return to a sell-off?
The downtrend continues. As part of the correction triggered by the news backdrop, bitcoin strengthened and pulled the altcoins with it. But the market may lose all its growth quite quickly, as bearish pressure on the market is still very strong (There are no fundamental positive changes for the market). The fall of BTC may be followed by DOGE as well.
Technically, the price is forming a false break of the resistance zone 0.1622 - 0.15700, consolidation of the price below this zone will provoke the continuation of the fall to the nearest zone of interest 0.13646.
Resistance levels: 0.157, -0.1622
Support levels: 0.13646, 0.1277, 0.1154
A retest of the trend resistance is possible, but price consolidation below the key zone will be a good signal indicating the seller's strength, the decline may continue. On the weekly timeframe we have a trigger at 0.14217, break of which will open the way to 0.1277 - 0.1025.
Regards R. Linda!
I Came Back As A Gold TraderThis is a short detailed video about my journey and transition from PEPPERSTONE:NAS100 to NASDAQ:XAU . For Gold, I see a very big push for a new all time high at 3189-3200. All this is possible if the previous high gets a solid break since there's been a major resistance in the area. I'm currently in the trade and added another just incase. Let's see how this plays out..