Recent content by AntaresScorpius

1. Price Pattern • A rising wedge is forming, which is usually a bearish reversal pattern. • The price has risen steadily, but the highs are rising less than the lows → a sign of a loss of bullish momentum. • In these cases, the greatest probability is of a downside breakout. 2. Technical...

A Three Little Indians-like pattern may be forming, especially if: • There are three higher highs with decreasing momentum. • The price is near the top of the channel. • Indicators show signs of exhaustion. • The MACD shows a possible divergence if the MACD line begins to decline while the price...

📉 When the monthly retail sales (MoM) figure in the United States changes from 0.5% to 0.3%, as was the case on September 16, 2025, it means that retail sales growth has slowed compared to the previous month. Here's what this could mean: 🧠 Economic interpretation • Sign of slowing consumption...

📉 Michigan Consumer Sentiment Index: 55.4 • This index measures American consumers' confidence in the economy. • A reading of 55.4 is relatively low (the historical average is around 80-90), indicating pessimism or concern among consumers. • Implications: ◦ Consumers could reduce spending...

🔍 Regarding the "Three Black Crows" pattern: Now that we know the timeframe is one hour, the pattern has much more relevance. And yes, in the last few candles, you can clearly see a sequence of: • Three consecutive red candles • Each candle opens within the body of the previous one and closes...

The Services PMI reading above the 50 threshold (specifically, 52% in August 2025) indicates that the services sector is expanding. This is generally a positive sign for the economy and often accompanies employment growth. However, there is an important detail: the employment index within the...

The JOLTS (Job Openings and Labor Turnover Survey) and the Non-Farm Payrolls (NFP) report are closely linked, even though they measure different aspects of the US labor market. Let's see how they influence each other. 👇 🧩 Differences between JOLTS and NFP JOLTS measures: Job openings Hirings...

On the 3-hour chart, we can see two candles with identical closes: one green and one red. The pattern is a Matching High (in an uptrend). • It occurs when two consecutive candles close at the same level, with the first green (bullish) and the second red (bearish). • It may indicate resistance...

Fed: Minutes, Tariff Effect to Be Seen, Dissidents Cry Labor Market Risks (RCO) August 20, 2025 (Il Sole 24 Ore Radiocor) - New York, August 20 - The effects of tariffs on the US economy and inflation remain to be assessed, but dissidents believe persistent inflation is unlikely and, therefore...

📈 Interpreting PPI Data Indicator Value Meaning Monthly PPI +0.9% Producer prices increased 0.9% compared to the previous month. Yearly PPI +2.8% Prices rose 2.8% compared to the same month last year. Monthly Core PPI +0.6% Excluding energy and food, shows monthly core inflation. Yearly Core PPI...

even a head and shoulders

Price Pattern The chart shows a rising wedge: This pattern is usually bearish (weak rise that tends to break down). The wedge forms with higher lows and higher but converging highs. Confirmation: On the chart, the two blue lines you drew represent this pattern well. 👉 Possible scenario: If...

analyzed pattern formed in d1 Rising Wedge What is a Rising Wedge? A rising wedge is a bearish continuation or reversal pattern, characterized by: Rising prices forming higher highs and higher lows Two trend lines converging upward Often decreasing volume It often occurs during overbought...

The bearish flag in d1 could be invalidated by the fact that there is a rising three methods that continues the bullish trend at least up to 1.18

🛠️ Trading Strategy Element Suggested Level Short Entry Below the channel break Stop Loss Above the channel top Take Profit Extension equal to the flagpole length