Special end-of-year edition Welcome to this special end-of-year edition of our weekly price action Bitcoin report. As always, we’ll be diving into the charts to analyze the latest market movements and uncover actionable insights for price action traders. However, before we jump into the technical analysis, I wanted to take a moment to share some […]
Weekly EURUSD Inside Doji
Market Overview: EURUSD Forex The market formed a weekly EURUSD inside doji this week. The bulls want a breakout above, while the bears want a breakout below the inside bar. The bears want a strong breakout below the trading range and a measured move based on the height of the trading range. The bulls want […]
Weekly Crude Oil Inside Bar
Market Overview: Crude Oil Futures The market formed a weekly Crude Oil inside bar closing near its high. The bulls need to create a strong breakout above the November 7 high to increase the odds of a measured move up based on the height of the tight trading range. The bears want a retest of […]
Weekly Emini Trading Range
Market Overview: S&P 500 Emini Futures The market is forming a weekly Emini trading range. The bears see this week simply as a pullback and want at least a small second leg sideways to down. The bulls see the current move simply as a pullback and want the market to resume higher from a double […]
Nifty 50 Inside Bar
Market Overview: Nifty 50 Futures Nifty 50 Inside Bar on the weekly chart. This week, the market closed with a small bull bar following a strong bear bar that had closed near its low. The bull bar represents weak follow-through for the bear bar and is more likely to result in a trading range than […]
Emini Bears Want 2nd Leg Down
Trading Update: Friday December 27, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Yesterday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from yesterday. […]
Emini Bear Trap Then Small Pullback Bull Trend
Trading Update: Thursday December 26, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. Monday’s (pre-Christmas) Emini setups Here are reasonable stop entry setups from Monday (before Christmas break). I show each buy entry bar with a green arrow and each sell entry bar with a […]
Emini Bulls Likely Disappointed Today
Trading Update: Monday December 23, 2024 Emini end of day video review Follow Joseph’s YouTube channel for more Al Brooks price action analysis. S&P Emini market analysis Emini daily chart Emini 5-minute chart and what to expect today Friday’s Emini setups Al created the SP500 Emini charts. Here are reasonable stop entry setups from Friday. […]
Bitcoin Major Wedge Top on Daily Chart fall below $100,000
Market Overview: Bitcoin This week, Bitcoin reached a new all-time high of approximately $108,000 on Tuesday. Following the FOMC meeting, a sharp decline ensued, with the price dropping about $10,000 and visiting the previous week’s low. The 5-week bull micro channel ended with an outside down bar, suggesting a potential market transition. Despite this volatility, […]
EURUSD Retest the Recent Low
Market Overview: EURUSD Forex The EURUSD retest the recent low (Nov 22) this week. The bears want a strong breakout and measured move based on the height of the trading range. The bulls want a reversal from a large double bottom bull flag (Oct 3 and Nov 22), a higher low major trend reversal and […]
