Trump’s trade policy follows Sun Tzu’s advice—he keeps his plans secret and acts suddenly but is sometimes open to negotiation. His trade war aims to reduce trade deficits and increase government revenue. While China, Mexico, and the EU are his main targets, Canada has also been affected. Mexico and Canada secured a 30-day break from tariffs by promising...
The price is currently in the daily MMBM and has retraced from the -1.5 standard deviation level to the Optimal Trade Entry (OTE) zone. I would like to see a confirmed closure above the bearish imbalance, which initially drove the price down to the 0.62 Fibonacci retracement level. A strong close above this imbalance could indicate further bullish momentum and...
I know everyone is bullish on aluminum, but I’m bearish and targeting around $25. Why? Because the price couldn't break the monthly range (Monthly EQHs) and hasn't yet reached the discount of the latest bullish monthly leg. Ergo, I’m waiting for the price to retrace back to the discount before it moves higher again The price swept the previous STH, then closed...
The price is inside a smaller range within a larger range on the Monthly time frame. The price swept into a Monthly OB with a daily manipulation leg to the upside, then it started a daily MMSM and is currently within a broadening formation. So overall, it might be good for scalping, but I might avoid it. I’ll wait and see the fundamental news. A 15%...
Iron ore prices can rise due to tariffs for several reasons: 1. Supply Disruptions – If a major producer or exporter faces tariffs, it may reduce supply in the global market, pushing prices higher. 2. Higher Production Costs – Tariffs on raw materials, equipment, or transportation increase the cost of iron ore mining and exporting, which can be passed on to...
The ATH is my weekly DOL, and the price has reached the IRL daily IFVG. The price also closed above the previous daily candle, so I anticipate that it will reach PDH. However, I am waiting for the LDN session for confirmation. On the Weekly TF, I want to see the 75% of the weekly wick and 50% of the daily wick act as resistance. Since the weekly DOL is the ATH, I...
1) 2023: The price started to accumulate from the end of Q2 to the middle of Q4 in 2022. Then, at the end of Q4, the price broke below the range, swept a weekly low from May 9, 2022, and utilized the weekly IFVG from March 9, 2020. The price is currently in a monthly MMBM. 2) The CE of the weekly gap has rejected the price. My final target for the monthly...
IREN ( NASDAQ:IREN ) just reported Q2 FY2025 earnings, showing huge revenue and profit growth: Revenue doubled QoQ to $119.6M (vs. $54.4M in Q1). Adjusted EBITDA jumped to $62.6M (vs. $2.6M in Q1). Net profit of $18.9M, recovering from a $51.7M loss in Q1. Bitcoin mining remains IREN’s core revenue driver, with 1,347 BTC mined (+65% QoQ) and mining revenue up...
SMCI seems to have nicely retested the OTE level from the Daily MMBM, so my current target levels are the -2/-2.5 standard deviation levels. The image shows my entry levels and potential target prices. Let’s also analyze the stock fundamentally— why could it go higher ? Fidelity, the third-largest asset manager in the world, initiated a new position in Q4 with...
Technical: The price is in premium, and my POI is around $181-$170. However, from a technical standpoint, the price is bullish, and if it doesn't close below $156, it could continue higher. Looking for an H4 CISD ( from POI ) for a possible continuation to the upside. If there is no H4 CISD, I assume the price will go lower. Fundamental: Reddit's stock...
Bullish Thesis : Tesla is looking incredibly bullish for 2025! 🚀 Strong EV demand keeps growing, and Tesla remains the market leader. FSD & AI breakthroughs could unlock massive revenue through robotaxis. The energy business is expanding fast with solar and battery storage. A new affordable Tesla model is set to drive major market share growth. Cybertruck...
The price couldn't close above the previous ATH and only swept it. It made a market structure change on the weekly TF and retraced back to the weekly BKR and weekly bearish FVG.