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Wycofflogic

Gold Long term Wyckoff Re-Accumulation.Gold is currently inside a daily/4h bear channel correction to lower 1800 weekly/monthly demand levels. Overall trend for gold is still bullish on the weekly/monthly, so a buy in the 1800s is a very good opportunity, which would mean forming a Wyckoff Phase C LPS for a potential rally to 2000 by December or next year. Failing 1800s or holding 2000 level would mean gold is looking to correct much deeper for the range on the monthly, and potentially an area of 1550 would be a likely target to fill all orders from 1660.
PEPPERSTONE:XAUUSDLong
by Vysera
3
Bitcoin Weekly Cup & Handle Needs to Close above NecklineKeep it simple and zoom out to identify where weekly/monthly liquidity zones exist and where buyers step in to push prices higher. So far things are looking good from a higher timeframe perspective. Obviously we'll need to close above this weekly neckline in order to validate a measured move higher into the $70K region. If price can take out bears SL slightly above ATHs then BITSTAMP:BTCUSD can squeeze into a new phase of price discovery. The bigger the base the higher in space for this next leg up. Much love, many thanks. @soulunveiled
BITSTAMP:BTCUSDLong
by soulunveiled