Hello everyone❤️
the update is down, knowing what you all are worried about, I (bG) took advantage of the early morning to post, I will come back to reply to comments when I have some free time. After dinner, I will post again.
💥 Today, both parties have agreed on the budget and the US government won't shutdown, everyone.
💥 Additionally, news that Mr. Trump is nominating a new person to replace Mr. Powell. But this, if approved, will happen in May or June, as Mr. Powell's term ends then.
--> The change of this person, if it happens as nominated, aligns with the cyclical developments and macro policies in Q3,4/2026. At the end of Q1, I (bG) will write in detail😁
💥 The chart, as I noted the other day, when D1 closes below 85.5 it activates the head and shoulders (H&S), the technical target is 84-82->80.
- This morning, H4 closed in the range of 82.x already, so the current support zone is: 82-81.1->80.5
💥 Currently, only M15 has positive divergence + negative funding, so there could be a short squeeze up to the resistance zone: 84-86.
But at that moment, I (bG) haven't updated the positive divergence in H1/H4, so be cautious of a sell-off (as noted in the area of 85.8 in this morning's post).
--> The dangerous zone is not the low price zone, but the zone where everyone is confident. This zone is where big players like to be--> it's not just the zone for bottom fishing/accumulating or testing supply-demand technically; it is also the psychological bottom for retail😁
💥 Still a reminder: The important price levels for me (bG) are the closing prices in the mentioned time frames.
💥 Never all-in, do not use high leverage. Always set SL/TP. Trade short waves for safety. The market is fierce, it's best not to do futures.
❤️ Patience & Discipline ❤️
--- Love all ---
