Forecast: CPI y/y expected at 2.4%, matching last month's rate.
Truflation: Suggests lower inflation, indicating CPI may be overstated.
Shelter Costs: Still elevated at 4% YoY, a major inflation driver.
Services Inflation: Expected around 3% YoY.
Market Implication: Unless there's a notable downside surprise, don't expect markets to "explode." But if CPI confirms softening (especially closer to Truflation levels), a bullish market reaction is likely.
There are days in the market where price makes giant move upwards after you've manually taken some profit, but the market still rides upwards.
In situations like this, there is the tendency to feel guilty for taking profits. You say to yourself, "I checked out too early, or I could have made more money..."
When you start nurturing thoughts like that; you need to pause and re-examine your motives to see if whether the virus of greed is creeping into your system or not.
Greed is insatiable and destructive. It is good to set a take profit target, but the edge of wanting more after your TP is executed can hurt your portfolio very badly when the tide turns against you.
Greed can cause you to watch a winning trade turn into a bloody losing trade. Furthermore, nothing is guaranteed in the market. So, if the market graciously hits your TP, be humble and grateful enough to accept the offer and walk away peacefully before you smile on the wrong side of your mouth.
Note: Don't forget to do your own research and follow me @The_Pathfinder for more crypto content ✅️
The price of Ripple based on the 4hr and 1D chart formed a nice bullish flag and currently at the initial stage of a possible breakout with a clear support on the 20 & 40 EMA.
If price continues to hold above $2.2 zone, we could see break the $2.3 short-term resistance level and make a continuation to retest the $2.5 -$2.8 zone.
Note: Don't forget to do your own research and follow me @The_Pathfinder for more crypto content. $XRP #EthereumFuture #BinanceAlphaAlert
The price of Ripple based on the 4hr and 1D chart formed a nice bullish flag and currently at the initial stage of a possible breakout with a clear support on the 20 & 40 EMA.
If price continues to hold above $2.2 zone, we could see break the $2.3 short-term resistance level and make a continuation to retest the $2.5 -$2.8 zone.
The 15min chart of $SEI is telling a nice piece of story. With this momentum, we could see similar candle stick formation on the daily and weekly charts soon.
Note: Don't forget to do your own research and follow me @The_Pathfinder for more crypto content ✅️
🚨The chart of $SEI has formed an "M-Shape". This is not just a corrective pullback but clearly an impulsive pullback. There could be more room for the downside.
Stay safe ⛑️
Note: Don't forget to do your own research and follow me @The_Pathfinder for more crypto content ✅️
One day, you might regret choosing comfort over putting in the necessary effort to grow.
When that realization hits, you'll see that the only person responsible for that lost potential is yourself—and that regret could stay with you forever.
Don't waste your potential 🌞
Note: Don't forget to do your own research and follow me @The_Pathfinder for more crypto content ✅️
Don't catch this falling knife.⛑️ This huge RED candle could lead to further massacre 🩸
Note: Don't forget to do your own research and follow me @The_Pathfinder for more useful crypto content ✅️
You can also check out my writeup on specific Pullbacks to buy and Pullbacks to avoid 👇👇👇
The_Pathfinder
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PULLBACKS THAT GIVES MASSIVE $PROFITS!
🚨PAY ATTENTION TO THIS VITAL INFO. A pullback refers to a temporary price reversal or correction against the prevailing trend in financial markets. It occurs when the price retraces or pulls back from its recent high (in an uptrend) or low (in a downtrend)
The difference between Pullbacks (Retracements) and Reversals is that: A pullback is temporary, while a reversal is a more permanent change in the direction of an overall trend. Pullbacks usually last for a few trading sessions.
In this image we can see an uptrend with horizontal levels acting as Resistance turned into Support. Each arrow marks a pullback to these levels before the trend continues higher. This is a classic Breakout & Retest pattern
This image represents a downtrend with a diagonal trendline. Each arrow marks a pullback (temporary price rise) before continuing lower. The last arrow shows a breakout, signaling a potential trend reversal.
Fibonacci Pullbacks can be combined with Moving Averages very effectively. When a Fibonacci Retracement falls into the same place as a Moving Average, those can be high probability pullback areas.
Types of Pullbacks 1. Aggressive: An aggressive pullback is a sharp price drop after a strong rally, as traders take profits or react to resistance. Price drops impulsively and agressively. Theres no interest in stopping at the Demand Zone. The trend is lost, and is not convenient to place abuy in the Order Block.
2. Sweeping: Deep pullback that clears liquidity before resuming the trend.
3. Corrective Pullback: This is a gradual pullback with low momentum, often forming flags or channels. Price returns to the Demand Zone. Sweeps the liquidity and shows that there's not selling pressure. The pullback is moderated, not agressive.
In my next article, I will focus on trading Indicators that helps you to identify Pullbacks. Note: Don't forget to do your own research and follow me for more useful crypto content ✅️ $HBAR $XRP