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Current Market Structure Overview Key Swing Highs & Lows: The price has formed a weak high around the 21,245.7 level, which indicates potential liquidity above this zone. The recent low at 20,309.1 is protected, suggesting that the market may seek support in this area if downward momentum prevails. Consolidation Phase: The price is currently in a balanced range,...

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Bitcoin is approaching a critical level after breaking $103k, but is this a genuine rally or just an inducement? With liquidity resting below $86,850, traders should watch for potential traps. Here's a breakdown of the potential moves heading into the week. With institutional interest increasing and ongoing discussions about ETF approvals, Bitcoin’s price action...

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Detailed Breakdown of DXY Chart 1️⃣ Context & Market Narrative The chart suggests a pivotal moment with a potential reversal or continuation of the current trend. 108.071 acts as a significant level, where price is showing signs of exhaustion. 106.77 emerges as a critical support zone, with strong buying activity in this area. 2️⃣ Key Observations The price has...

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1. Current Market Context Phase and Structure Left Chart (1H): Price is currently in Wave 4 of a larger structure, moving within a corrective phase. Wave 5 is expected to complete the bullish push, potentially reaching 2,680.70 or slightly higher, before a Thursday/Friday correction into a bearish weekly close. Right Chart (4H): Price recently completed a Phase...

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1. Market Context and Structure Phase and Current Movement: Left Chart (4H): Bitcoin is currently completing Wave 5 of a diagonal structure, showing signs of a potential exhaustion at the upper limits of the trend. Key levels in focus: 96,916.73: 1.618 extension of diagonal Wave 5 (high confidence target). 100,996.81: 1.236 volume divergence by Wave 5; potential...

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What to Expect Next Week Gold is nearing the completion of Wave 5, with rejection likely between 2,680.70–2,695.32. A reversal is expected post-Wave 5, targeting correction zones near 2,608.99 and below. How to Trade: For Short Traders: Wait for rejection near 2,695.32, and short with confidence if bearish signals align. For Long Traders: Look for entries at...

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1. Price Structure and Market Phases Accumulation Phase (Phase A to Phase C) The price has been moving through an Accumulation Phase, characterized by: Selling Climax (SC): The lowest price level where selling pressure exhausted, marked near 20,254.0. Automatic Rally (AR): A reactionary upward move after SC, reaching approximately 20,650.5, signaling temporary...

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1. Key Levels Highlighted: Major Resistance Level: $2,790.08 – This is marked as the "INVLADATION WAVE 0," indicating the point at which the wave structure is no longer valid. Bearish Order Block (OB): Around $2,722.29 – Serves as potential resistance, highlighted for observing potential price rejection. Support Level: $2,612.61 – This is the "WAVE 1" level,...

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1. Elliott Wave Analysis The chart includes Elliott Wave labels (1, 2, 3, 4, 5) and corrective wave structures (labeled as (A), (B), (C)). Impulsive Waves: Waves labeled 1, 2, 3, 4, and 5 represent an impulsive movement downward, suggesting a bearish trend. These waves are likely within a larger cycle, suggesting this phase is potentially coming to an end or...

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Left Side (15-Minute Chart) Elliott Wave Structure (Short-Term) The chart shows a minor 5-wave impulsive structure upwards, labeled with pink numbers (1-5), indicating a short-term bullish impulse. This upward impulse is followed by a corrective "WXY" pattern, suggesting consolidation or retracement before further potential upward movement. Key Fibonacci...

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1. Wave Structure and Elliott Wave Analysis Wave 5 and Volume Divergence: The left chart appears to highlight an extended Wave 5 with a possible volume divergence, which typically signals the end of an impulsive movement and can indicate a potential trend reversal. Complex Wave Structure (Weekly Perspective): The larger time-frame view is labeling a complex wave...

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Overview: Timeframes: The chart shows two timeframes: 1-day (left) and 1-hour (right). Price Levels: The analysis spans key levels around $78.42, $72.84, and below, identifying important support and resistance zones. Main Concepts: Wave Structure Analysis (Elliott Wave): The chart illustrates wave counts to identify impulsive and corrective wave formations. The...

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Overview: Timeframes: The chart is split into a daily (left) and a 4-hour (right) view. Primary Zones: Price levels are outlined around $73,805.27, $82,180.57, and key extensions above $100,000. Phase Identification: The chart references Wyckoff methodology phases and potential distribution/consolidation areas. Main Concepts: Wave Structure & Elliott Wave...

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1. Elliott Wave Structure Overview: Wave Count: GBP/JPY is analyzed as being in the later stages of a larger impulse wave cycle. Specifically, it suggests that Wave 5 of the broader uptrend is nearing completion. Wave Labels: The internal structure of the ongoing corrective pattern is marked with sub-waves (i, ii, iii, iv, v). The chart highlights that GBP/JPY may...

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Wave Structures and Harmonic Patterns: The current wave count suggests that price action is completing a higher-degree corrective pattern. The presence of a potential Wave C up to a swing failure pattern (SFP) hints at exhaustion of buying pressure. The 0.618 and 0.786 Fibonacci retracement levels align with resistance zones, providing targets for potential...

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1. Chart Phases and Wyckoff Elements Phase A (Accumulation and Distribution): This is marked in two key areas: Phase A Accumulation (at the bottom left): Indicates the initial formation of the price bottom after a downtrend. Phase A Distribution (at the top right): Indicates the potential for price topping before a reversal. Key Wyckoff concepts in...

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Elliott Wave Analysis In the Elliott Wave Theory, markets move in repetitive cycles or "waves," consisting of five impulse waves and three corrective waves. The current chart shows we are approaching the end of the 5th wave in the current bullish cycle, suggesting that a correction is imminent. Wave Count and Structure: The chart shows that we have completed...

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Elliott Wave Analysis: Extended Subwaves and Final Leg In this chart, the Elliott Wave structure appears to be at the latter stages of a complex Wave 5. The following points summarize the current wave count and structure: Wave V (5th Wave Completion): The market is nearing the completion of Wave V in the higher-degree structure, which consists of five smaller...