📊 Weekly Outlook Charts Aug 26-30:
We're expecting some exciting market movements this week. Here's what you need to know:
#DXY is still falling as forecasted, but a bullish divergence is forming on daily charts. Consolidation above 100 levels is possible. https://www.tradingview.co... 📉
#SPY pricing in Fed cuts, consolidation expected until Friday's PCE numbers. Trend still bullish, but uncertainty around Fed's move. https://www.tradingview.co.../ 📊
#USOIL breakout possible from ascending triangle, but depends on geopolitical tensions. If there's no escalation, $67 oil still on the table. [Weekly outlook chart for USOIL: https://www.tradingview.co.../ 💡
#btc traders should exercise caution due to mixed technical and an unfavorable Risk/Reward ratio. It's best to wait for a breakout above $70k . Consolidation may last for months, so patience is key.
https://www.tradingview.co.../🙏
#eth is looking more bearish, struggling to break resistance. If $BTC is rejected from $70k again, expect $ETH to test $2k or lower.
https://www.tradingview.co... 🚨
We're expecting some exciting market movements this week. Here's what you need to know:
#DXY is still falling as forecasted, but a bullish divergence is forming on daily charts. Consolidation above 100 levels is possible. https://www.tradingview.co... 📉
#SPY pricing in Fed cuts, consolidation expected until Friday's PCE numbers. Trend still bullish, but uncertainty around Fed's move. https://www.tradingview.co.../ 📊
#USOIL breakout possible from ascending triangle, but depends on geopolitical tensions. If there's no escalation, $67 oil still on the table. [Weekly outlook chart for USOIL: https://www.tradingview.co.../ 💡
#btc traders should exercise caution due to mixed technical and an unfavorable Risk/Reward ratio. It's best to wait for a breakout above $70k . Consolidation may last for months, so patience is key.
https://www.tradingview.co.../🙏
#eth is looking more bearish, struggling to break resistance. If $BTC is rejected from $70k again, expect $ETH to test $2k or lower.
https://www.tradingview.co... 🚨
4 months ago