The daily wave confluence has reached its peak, and the upper order block highlights resistance, but any drop should only be a minor correction within the bullish trend. COINBASE:BTCUSD
Upside should be relatively limited until the S&P weekly high is completed. The weekly high should be completed in the Decade. Ideally around October 25th.
The euro's daily chart shows oversold conditions, and the Superwave Confluence Indicator has bottoming characteristics. A short-term long trade could be a good choice. The weekly trend for the euro is expected to be bearish and may continue until around late October. Caution is needed on the daily chart for a potential corrective rebound. OANDA:EURUSD
Next week, the release of the OPEC report could act as a catalyst for forming a daily high. The upside potential for crude oil should be very limited, and there are no immediate trading recommendations. The goal for the coming days is to determine when crude oil will complete its high and prepare for the moment to establish short positions. FX:USOIL