July 23


Crude oil has broken through a long-term trend line. There are bullish breaks on both the daily and 4-hour timeframes. It’s recommended to wait for a pullback to the 82 to 84 range before considering a buy, with a stop loss set around 80.
If the pullback after the breakout is successful, the target is in the 98 to 100 range, with a stop loss of about 3 points and a risk-reward ratio of 1:4.
Gold has broken through a major trend line, but it may consolidate in a high range. It’s recommended to watch the pullback levels. The initial target is around 4080, and it could dip as low as 4020.
After the breakout, consolidation will be followed, waiting for a new move; if the trend continues, it could be bullish toward around 4500.
Bitcoin short-term long opportunities
1. Buy when Bitcoin pulls back to around 64,800. Set a stop loss around 64,000–63,800. Target 67,500.
2. Risk-reward ratio is 1:3. Participate with a small position size on counter-trend trades. $BTC
BTC-1.29%
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