Since Donald Trump’s re-election in 2024, the global geopolitical landscape has entered a period of uncertainty and anticipation. With 70 days until his official inauguration, the Biden administration retains power until January 20, 2025. This timeframe leaves open the possibility for significant foreign policy actions, raising many questions and speculations.
It is very important to see what the charts suggest as they are always the ones who gives us the clues to where it may find its bottom, so here I share a few different TIMEFRAMES so we can fully understand and see where we potentially may find a bottom… because all of the factors are here!
Both Russia and Saudi Arabia need high oil prices to generate more budget revenues, but their support for “the stability and balance of oil markets” could unravel part of the efforts the Fed and other central banks have put in the past year and a half to curb inflation.
ANYWAY, we need to see at least 10.75% (mid range of the failed structure) to BUILD and target any LH for Crypto!).
A double TOP here will be the signal, Otherwise it will seek for a CHoCH
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