BTC - One More Leg...Hello TradingView Family / Fellow Traders!
This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish , trading within the falling channel marked in red.
But the big question is — where could the potential bottom be?
👉 I’m watching the $70,000 zone!
Here’s why:
The $70,000 area is a key confluence zone — it aligns with the lower red trendline, horizontal support, a psychological round number, and a potential demand zone.
📚 According to my trading style:
As #BTC approaches the blue circle zone, I’ll be looking for bullish reversal setups — such as a double bottom pattern, trendline break, and more.
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
Trump
DXY Bearish trend continues on SSL and Bearish ORDER BLOCKDXY is known for extreme liquidity grabs especially after Trump's tariff announcements. Until we see countries remove tariffs and companies changing factory locations DXY will still be week. A decent pullback this week?? Probably not, Next? Maybe STAY SHARP!!
Merck & Co. (NYSE: $MRK) Sets Up Q125 Earnings Call for April 24Merck & Co. (NYSE: NYSE:MRK ) will hold its Q1 2025 earnings call on April 24 at 9:00 a.m. ET. Company executives will present financial results and performance updates during the call.
As of April 4th, 2025, MRK closed at $81.47, down $4.92 (5.70%). The stock has declined steadily since peaking at $134 in June 2024.
In Q4 2024, Merck posted global sales of $15.6 billion, a 7% increase from the previous year. Sales growth stood at 9% when excluding foreign exchange effects. Full-year 2024 revenue reached $64.2 billion, a 7% increase over 2023. Human health sales grew 8%, driven mainly by oncology treatments.
KEYTRUDA remained the company’s top product with sales of $7.8 billion in Q4, rising 21%. WINREVAIR generated $200 million in sales, while new vaccine CAPVAXIVE added $50 million. The Animal Health division showed strong momentum, growing 13% year-over-year. Merck’s global reach extended to nearly 500 million people in 2024.
However, GARDASIL vaccine sales dropped 18% in Q4 due to lower demand in China. This led Merck to pause GARDASIL shipments to the region temporarily. Operating expenses for the quarter totaled $7.4 billion. The company reported a gross margin of 80.8%, up by 3.6 percentage points. Earnings per share came in at $1.72.
For 2025, Merck expects revenue between $64.1 billion and $65.6 billion. EPS guidance is set at $8.88 to $9.03, excluding foreign exchange impact. The Medicare Part D redesign could reduce revenue by about $400 million in 2025. This would affect WINREVAIR and other small molecule oncology drugs.
Technical Analysis
MRK stock is currently testing a major support level at $81.A confirmed breakdown at this critical level could push the stock lower. Price momentum and volume suggest a likely continuation of the bearish trend unless support holds. With the bearish pressure in place, the next support level lies at $70.
The weekly chart shows consistent lower highs and lower lows since June 2024. MRK has fallen nearly 65% from its peak of $134.
If the $81 current support holds, a short-term rebound is possible, with an immediate resistance target around $95. Reclaiming this level may signal early signs of a trend reversal. If a strong break at the $81 level is witnessed, the next target remains the $70 support.
The current trend favors sellers. One thing to watch closely is the April 24th, 2025, earnings call as performance updates may provide clarity on near-term price direction.
1987 vs 2025: Are We on the Edge of Another Black Monday? 🕳️📉 The chart comparison is chilling.
On the left, the infamous 1987 crash—a sudden gap over the weekend followed by a brutal free fall.
On the right? 2025. A similar gap, a similar setup... and the fear is creeping in. 🫣
🔍 Here’s what we’re seeing:
The current price action on the S&P 500 Futures eerily mirrors that of 1987.
A sharp drop after a failed breakout, followed by a massive gap down.
The psychological setup is nearly identical: markets under pressure, global tension, and growing uncertainty.
⚠️ While history never repeats exactly, it often rhymes. Is this just a healthy correction—or the beginning of something bigger?
📊 Keep an eye on volume, volatility, and macro catalysts—if we see continued panic selling, this pattern might live up to its reputation.
🧠 What do you think—coincidence, or a warning we shouldn’t ignore?
#BlackMonday #1987Crash #S&P500 #MarketCrash #SP500 #HistoryRepeats #TechnicalAnalysis
TRUMP & MELANIA Collapse - Sh*tcoin Reality CheckIf you had bought BINANCE:TRUMPUSDT or BINANCE:MELANIAUSDT.P at any point during the last three months, you’d likely be deep in loss within just days. These tokens, despite using the names of major political figures, followed a typical memecoin pattern:
🚀 Launch hype → 💰 Speculation → 📉 Massive dump
But here’s what traders need to remember:
🔁 These types of tokens can pump again. All it takes is a tweet, a trending news event, or a post from an influencer or celebrity—think Elon Musk. A spark like that could fuel a rally.
⚠️ However, the risk is extremely high. These projects often lack fundamentals, and the price action is driven mostly by hype and speculation. If you choose to trade them, know your risk tolerance and never overexpose your portfolio.
💡 This is the reality of memecoins. Recognize the pattern, protect your capital, and stay sober in the market.
📊 Follow for grounded insights and market wisdom—no hype, just facts. 🔔
GOLD BREAKS SHARPLY — BUT THE MOVE WAS WRITTEN IN THE STRUCTURE🟡 GOLD BREAKS SHARPLY — BUT THE MOVE WAS WRITTEN IN THE STRUCTURE
A steep drop in gold just rattled the markets — but if you’ve been following the macro and technical setup closely, this was not only expected, but anticipated.
From the first week of April, we’ve been tracking signals of potential exhaustion in XAUUSD:
🕯️ Candlestick wicks on higher timeframes
📈 Overextended structure
🧠 Macro divergence
Now, all signs have converged — and we’re finally seeing the correction play out.
🔍 Why This Isn’t Just About Gold
What we’re seeing is a broader shift in global market sentiment:
U.S., European, and Asian equities are all under pressure
Crypto has stagnated with little to no fresh capital inflow
Gold — after months of aggressive buying — is now facing wave after wave of profit-taking
This is classic risk-off behaviour.
Investors are choosing cash, sitting tight, and waiting for clarity — not only in the charts but in the headlines too.
📉 DXY Building a Case for Recovery
The U.S. Dollar Index (DXY) has been heavily sold in recent months — but is now holding at a multi-year structural support zone that’s been tested multiple times since 2021.
With Trump returning to the spotlight and triggering a fresh round of global tariff negotiations, the USD is regaining narrative strength.
Trump’s stance has already prompted discussions among major economies, putting the U.S. in a dominant position — and the market is beginning to price that in.
🤔 What’s Holding the Fed Back?
Despite rising trade tensions, the Federal Reserve has remained cautious — choosing not to act until the dust settles from geopolitical and policy developments.
This creates a window of opportunity:
If the Fed holds rates while global central banks soften
And if the USD holds this major support
→ We could see strong dollar flows return in Q2.
🔮 Gold Outlook – Where Next?
In the short term:
Expect continued volatility
Potential for gold to slide further toward 308x – 305x range
Any bounce is likely to be technical rather than fundamental
In the medium term:
Once political noise fades, gold may find support again
Especially if inflation expectations persist or the Fed pivots dovish later in Q2
💡 Takeaways for UK Traders
✅ Don't trade the news — trade the reaction
✅ Macro structure matters more than the daily headlines
✅ Capital preservation beats chasing euphoria
We’re not guessing.
We’re reading the story and planning with structure.
Golden Momentum to Short the goldWe already know what FED powell talked about on the 4th and trump's tariffs which have a very big effect on the global economy.
exchanges have fallen, this pattern is very similar where during the crisis the price of gold also fell sharply because there was no demand from the world and they saw the USD as a safe heaven because the price of gold was also too high.
Price between 3040 -3070 is a entry price to short
Price rocketing above 3110 = bull resisting (very small chance, only below 5%)
Good luck for your trade, lets win this trade.
SPX 1D 200 EMA Retest? As the 9&21W EMAs cross and a new local low printing after a SFP top, could the S&P500 be getting its first major correction since Jan 2022?
From a TA standpoint this kind of setup looks to be high probability with good R:R for the bears. Targeting the 1W 200 EMA is the most logical area as it remains major support and whenever tested holds strong.
From a bulls standpoint this is worrying but could be rectified with a reclaim of the 9&21 EMAs preventing a "death cross" from there acceptance above the high would be the next step to maintain the rally.
Fundamentals play a major role and the geopolitical world shows no signs of slowing down, perhaps the tariffs angle is introducing uncertainty in American companies? Or the index is just exhausted from 2.5 years of climbing? Either way the chart is an interesting one to monitor for now.
S&P 500 (SPX) 1M next week?The S&P 500 is pulling back from a key resistance after completing a bearish AB=CD pattern on the monthly chart. Price action suggests a potential correction toward the 4662–4700 zone, aligning with the 0.618 Fibonacci retracement level, which may serve as a key area for bullish reaccumulation. Momentum indicators show bearish divergence, hinting at a cooling rally.
Fundamentally, the index remains supported by strong earnings in tech and AI sectors, but risks persist from elevated interest rates, sticky inflation, and potential Fed policy shifts. A pullback into the 4662–4700 zone may offer a medium-term setup for continuation toward 5198 and potentially 5338. A breakdown below 4662 would invalidate the bullish structure and shift focus to lower Fibonacci levels.
HOLY MOLY! ARE WE IN A RECESSION? $TSLA $120 BEAR FLAG PATTERNA bear flag trading pattern is a technical analysis formation that features a downward-sloping flagpole, followed by a consolidation phase forming a parallel channel. This pattern suggests a potential sharp decline or continuation of the downward trend
I also notice a head and shoulders pattern, as well as an inverse cup and handle.
Everything points to $120.
Sell/Short NASDAQ:TSLA right now with fact check:
+brand reputation risk, high competition, loss of EV market leadership, cyber truck/ product recalls, declining sales with lower margin, stock volatility concern, insider selling, investors buy it based on expected future earnings rather than its current profitability.
+ potential stagflation, tariff war, slow economic growth, inflation, rising public debt, geopolitical tensions, ai bubble, and more
$SOXL $SOXX BOTTOMED (ASCENDING TRIANGLE)An ascending triangle is a bullish breakout pattern that occurs when the price breaks through the upper horizontal trendline with increasing volume. The upper trendline is horizontal, showing nearly identical highs that create a resistance level. Meanwhile, the lower trendline slopes upward, indicating higher lows as buyers gradually increase their bids. Eventually, buyers become impatient and push the price above the resistance level, triggering further buying and resuming the uptrend. The upper trendline, which previously acted as resistance, then becomes a support level.
Semiconductors NASDAQ:SOXX are crucial to the United States for several reasons:
Technological Backbone: Semiconductors power essential technologies like smartphones, computers, cars, and medical devices. They are integral to almost everything with an on/off switch. The semiconductor industry aka NASDAQ:SOXX significantly contributes to the U.S. economy. It supports millions of jobs and drives innovation in various sectors, including artificial intelligence, biotechnology, and clean energy.
Semiconductors are vital for national security. They are used in military systems, aircraft, weapons, and the electric grid, making them critical for defense and infrastructure. Maintaining a strong semiconductor industry helps the U.S. stay competitive globally so BUY AMEX:SOXL , $SOXX. The CHIPS and Science Act, for example, aims to revitalize the U.S. semiconductor industry, create jobs, and support American innovation. Strengthening the domestic semiconductor supply chain reduces dependency on foreign sources, enhancing the resilience and security of supply chains.
BUY NOW AND HOLD
SP500 Plunges 8% in a day!! Oversold or more pain ahead?The SP500 has suffered a massive 8% drop, currently trading around 5158 at the moment, after market turmoil triggered by Trump's new tariff war. Panic selling has pushed the 30-minute RSIto an extreme oversold level of around 28, signaling potential short-term exhaustion.
Possible Scenarios:
🔹 Short-Term Bounce? The RSI suggests a possible technical rebound, with key resistance around 5200-5250 if buyers step in. Watch for volume confirmation.
🔹 Further Downside? If panic continues, the next major support lies at 5100, followed by 5000 psychological level, where institutional buyers might defend price.
⚠️ Caution: Markets remain highly volatile! A dead-cat bounce is possible, but uncertainty surrounding tariffs could fuel more downside pressure. Stay sharp!
📊 What’s Your Take? Will SP500 recover or break lower? Drop your thoughts below! 🚀🔥
#SP500 #StockMarketCrash #Tariffs #Trading #TechnicalAnalysis #RSI
WTI / OIL PoV - Break Point 65$ / 62$ / 47$ LONG The price of oil has recently undergone a significant retracement, dropping to its lowest levels in the last three months. This decline has been influenced by several factors, including trade tariff policies and decisions made by OPEC+.
In March 2025, the price of Brent crude fell below $70, touching a low of $69.76, its lowest since September. In New York, West Texas Intermediate (WTI) lost 1.64%, reaching $67.24. New tariffs imposed by the Trump administration on imports from Canada and Mexico have fueled uncertainty about international trade, raising concerns that global economic slowdown might cause oil demand to fall behind supply.
Additionally, OPEC+ decided to increase production by 138,000 barrels per day in April, with the goal of reaching a production level of 2.2 million barrels per day by 2026. This decision contributed to an oversupply that could negatively affect prices, especially if economic growth slows.
Trade tariffs have had a direct impact on the oil market. In February 2025, China imposed a 10% tariff on U.S. crude oil in response to U.S. tariffs, contributing to the drop in oil prices to their lowest levels of the year. Additionally, U.S. crude oil inventories increased beyond expectations, indicating further weakness in demand.
Geopolitical tensions, such as the U.S. proposals to take control of Gaza and the intention to strengthen sanctions on Iran, have added further uncertainty to the market, affecting consumer and investor confidence.
Regarding the price levels you’ve identified for potential purchases, it's important to note that the oil market is influenced by a combination of geopolitical, economic, and supply factors. The support levels at $65, $62, and $57 that you've pointed out may represent significant technical levels, but it’s crucial to monitor geopolitical developments and trade policies that can affect price volatility. It is advisable to consult up-to-date sources and market analysis before making investment decisions.
Apple (AAPL) Shares Plummet Over 9% Following Trump's TariffApple (AAPL) Shares Plummet Over 9% Following Trump's Tariff Announcement
Many stock indices declined after the US President announced the introduction of tariffs for multiple countries, as we reported yesterday morning. During yesterday’s trading session, the sell-off in equities intensified.
According to media reports, market participants had hoped that the tariff threats were mere rhetoric and a negotiation tactic. However, many were shocked by both the number of countries affected and the scale of the imposed tariffs. Several well-known technology companies led the market downturn.
How Do Trump's Tariffs Impact Big Tech Companies?
Significant tariffs were imposed on Chinese imports, yet Apple manufactures around 90% of its iPhones in China. Many affordable products sold on Amazon are also set to become more expensive, as they are sourced from China.
Meta Platforms' advertising business could suffer considerable losses as companies worldwide cut advertising budgets. Nvidia and Broadcom may also struggle, given that the tariffs apply to many electronic devices incorporating their chips.
As a result, shares of Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Broadcom (AVGO), and Nvidia (NVDA) fell by approximately 9% by the close of trading yesterday.
Microsoft (MSFT) shares, however, proved more resilient, dropping just 2.3%, as software products are not easily subject to tariffs. Moreover, software developers do not rely on international supply chains.
Technical Analysis of AAPL Chart
Apple’s stock price fluctuations have formed a trend channel (shown in blue), with:
→ The upper boundary acting as resistance since last autumn, although bulls managed to push the price above it during the Christmas rally. We previously highlighted Apple’s overbought condition and the possibility of a correction on 27 December 2024.
→ New data indicates that resistance has now shifted to the median at around $225.
This puts the lower boundary of the trend channel at risk of a bearish breakout. In the coming days, AAPL’s chart may see a bearish assault on the psychological $200 level, which proved significant in August 2024.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Not Even Gold Escaped the Volatility of Liberation DayWe finally saw the shakeout on gold I was expecting around $3000. This clearly changes things for gold traders over the near-term, even though the fundamentals remain in place for bulls. I highlight key levels for gold and take a look at the devastation left across key assets on Thursday.
Matt Simpson, Market Analyst at City Index and Forex.com
DOGE/USDT:BUY...Hello dear friends
Given the price drop we had in the specified support range, considering the price growth indicates the entry of buyers.
Now, given the good support of buyers for the price, we can buy in steps with capital and risk management and move towards the specified goals.
*Trade safely with us*
The Trade War Strikes Back: Market Reeling from Trump’s Tariff MThe markets are not taking Trump’s new round of tariffs lightly.
As the S&P 500 dips sharply, investors are reacting to the growing tension between the U.S. and China over trade policy. The new tariffs have ignited fears of a prolonged trade war, sending shockwaves through tech-heavy sectors and dragging major names like NASDAQ:NVDA , NASDAQ:MSFT , NASDAQ:AAPL , and NASDAQ:AMZN deep into the red.
📉 What we're seeing:
SP500 is breaking recent support with heavy volume.
Tech sector is leading the sell-off, especially chipmakers and global exporters.
Uncertainty is pushing investors toward safety, further increasing volatility.
🧠 Key takeaway: This is more than a dip—it’s policy risk priced in real time. Until there's clarity, traders should prepare for more erratic moves. Short-term sentiment has clearly flipped bearish.
💬 Are you buying the fear or staying out of the storm?
EDUCATION: The $5 Drop: How Trump’s Tariffs Sent Oil TumblingOil markets don’t move in a vacuum. Politics, trade wars, and global economic shifts all play a role in price action. Case in point: the recent $5 drop in oil prices following Trump’s latest tariff announcement.
What Happened?
Markets reacted swiftly to Trump’s renewed push for tariffs, targeting key trading partners. The result? A ripple effect that sent oil prices tumbling as traders anticipated lower global demand. The logic is simple—higher tariffs slow trade, slowing trade weakens economies, and weaker economies use less oil.
Why It Matters to Traders
For traders, this kind of volatility is both an opportunity and a risk. Sharp price drops like this shake out weak hands while rewarding those who position themselves with clear strategies. If you trade crude oil, understanding the macro picture—beyond just supply and demand—can make or break your positions.
The Next Move
Is this just a knee-jerk reaction, or the start of a larger trend? Smart traders are watching key levels, tracking institutional order flow, and looking for confirmation before making their next move.
How do you react when headlines move the market? Do you panic, or do you position yourself with a plan? Drop a comment and let’s talk strategy.
Trump's Tariff Wars : What To Expect And How To Trade Them.I promised all of you I would create a Trump's Tariff Wars video and try to relate that is happening through the global economy into a rational explanation of HOW and WHY you need to be keenly away of the opportunities presented by the new Trump administration.
Like Trump or not. I don't care.
He is going to try to enact policies and efforts to move in a direction to support the US consumer, worker, business, and economy.
He made that very clear while campaigning and while running for office (again).
This video looks at the "free and fair" global tariffs imposed on US manufacturers and exports by global nations over the past 3+ decades.
For more than 30+ years, global nations have imposed extreme tariffs on US goods/exports in order to try to protect and grow their economies. The purpose of these tariffs on US good was to protect THEIR workers/population, to protect THEIR business/economy, to protect THEIR manufacturing/products.
Yes, the tariffs they imposed on US goods was directly responsible for THEIR economic growth over the past 30-50+ years and helped them build new manufacturing, distribution, consumer engagement, banking, wealth, and more.
The entire purpose of their tariffs on US goods was to create an unfair advantage for their population to BUILD, MANUFACTURE, and BUY locally made products - avoiding US products as much as possible.
As I suggested, that is why Apple, and many other US manufacturers moved to Asia and overseas. They could not compete in the US with China charging 67% tariffs on US goods. So they had to move to China to manufacture products because importing Chinese-made products into the US was cheaper than importing US-made products into China.
Get it?
The current foreign Tariffs create an incredibly unfair global marketplace/economy - and that has to STOP (or at least be re-negotiated so it is more fair for everyone).
And I believe THAT is why Trump is raising tariffs on foreign nations.
Ultimately, this will likely be resolved as I suggest in this video (unless many foreign nations continue to raise tariff levels trying to combat US tariffs).
If other foreign nation simply say, "I won't stand for this, I'm raising my tariff levels to combat the new US tariffs", then we end up where we started - a grossly unfair global marketplace.
This is the 21st century, not the 18th century.
Step up to the table and realize we are not in the 1850s or 1950s any longer.
We are in 2025. Many global economies are competing at levels nearly equal to the US economy in terms of population, GDP, manufacturing, and more.
It's time to create a FREE and FAIR global economy, not some tariff-driven false economy on the backs of the US consumers. That has to end.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
EURUSD Surges to 1.10 levels post-Trump Tariffs: BUY or SELL?Current Situation:
EUR/USD spiked to 1.10 levels(up sharply) following Trump’s tariff announcement, defying initial expectations of short-term USD strength. This suggests markets are pricing in long-term risks to the USD (growth fears, retaliatory tariffs) faster than anticipated.
Key Drivers Behind the Move:
1. Tariff Backfire Risk: Investors may fear tariffs will hurt U.S. growth more than Europe’s, weakening the USD.
2. ECB vs. Fed Policy Shift: Bets that the **Fed could cut rates sooner** if tariffs slow U.S. inflation/growth, while the ECB delays cuts.
3. Retaliation Bets: Expectations of aggressive EU countermeasures (e.g., tariffs on U.S. tech/agriculture) boosting EUR sentiment.
---
Technical Analysis (EUR/USD Daily Chart)
- ✅ Breakout Confirmed : Price surged till 2024's resistance, now testing 1.10 levels (psychological levels).
- RSI: Overbought, suggesting short-term pullback risk.
#EURUSD #TrumpTariffs #ForexTrading #Breakout #USDweakness
BTC 4H Technical & Fundamental AnalysisTRUMP EFFECT & RESISTANCE DENIAL
CRYPTOCAP:BTC 4H Technical & Fundamental Analysis
As we expected, Bitcoin reached the upper band of the falling channel (approximately $88,000), touched the red resistance circle and then experienced a strong rejection. The timing of this technical rejection is no coincidence.
Last night, former US President Donald Trump's announcement that he would impose new customs duties on all countries of the world created a risk-off mood in the markets . In particular, global uncertainty and protectionist policies triggered selling pressure in risk assets such as Bitcoin.
Technically:
🔸RSI still has no obvious negative mismatch.
🔸However, since the price cannot break the upper band of the falling channel, this region continues to work as a selling zone for now.
If this retracement movement deepens, the first major support level of $73.777 , followed by the $69.000 line may come to the agenda.
On the other hand, if the price manages to regain strength and break this zone in volume, there may be a rapid movement to the GETTEX:92K - $95K band.
In short, Technical resistance + Trump news effect combined, we can say that the market has stepped back for now. From now on, volume and news flow will be directional.
#btc #Bitcoin #crypto #cryptocurrency
S&P 500 Index Hits 2025 Low Following Trump's TariffS&P 500 Index Hits 2025 Low Following Trump's Tariff Announcement
As shown on the S&P 500 Index (US SPX 500 mini on FXOpen) chart, the benchmark US stock index dropped below 5,450 points for the first time in 2025. This decline reflects the US stock market’s reaction to the tariffs imposed by the White House on international trade.
According to Reuters:
→ President Donald Trump announced a 10% tariff on most goods imported into the United States, with Asian countries being hit the hardest.
→ This move escalates the global trade war. "The consequences will be devastating for millions of people worldwide," said European Commission President Ursula von der Leyen, adding that the 27-member EU bloc is preparing to retaliate if negotiations with Washington fail.
Financial Markets’ Reaction to Trump’s Tariffs
→ Stock markets in Beijing and Tokyo fell to multi-month lows.
→ Gold hit a new all-time high, surpassing $3,160.
→ The US dollar weakened against other major currencies.
The S&P 500 Index (US SPX 500 mini on FXOpen) is now trading at levels last seen in September 2024, before Trump's election victory.
Investor sentiment appears to have turned bearish, with growing concerns over the impact of Trump's tariffs, as fears mount that they could slow down the US economy and fuel inflation.
Technical Analysis of the S&P 500 Index (US SPX 500 mini on FXOpen)
The bearish momentum seen yesterday signals a continued correction, which we first identified in our 17 March analysis.
At that time, we mapped out a rising channel (blue) that began in 2024, suggesting that selling pressure might ease near its lower boundary. However, Trump's policy decision has reinforced bearish confidence, and now the price may continue fluctuating within the two downward-sloping red lines. This suggests that the long-term blue growth channel is losing its relevance.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.