spaceangel

spaceangel Updated 

USD/CHF has been trading in a critical zone, with signs of potential distribution emerging. The Wyckoff structure on this chart highlights key phases—will we see a breakdown, or could this turn into a fakeout and rally 🚩 Key Levels to Watch: Resistance at 0.8956 (potential UTAD) Support near 0.8845 (SOW confirmation zone) 🔥 This week’s focus: Waiting for price...

spaceangel Updated 

1. Overview of Market Structure and Key Phases Phase A: Establishing the Range Selling Climax (SC): Defined at 20,254.0, marking the exhaustion of selling pressure. Automatic Rally (AR): Price rebounds from SC to approximately 20,650.5, indicating short-term bullish demand. Secondary Test (ST): Price revisits near the SC zone to confirm support. ST is evident just...

spaceangel Updated 

Here is a detailed breakdown and trading plan for the NASDAQ 100 (NAS100) based on the provided chart analysis, using the same structured format for clarity. NASDAQ 100 (NAS100) Market Breakdown & Trading Plan 1. Market Context and Structure Phase and Current Movement: Left Chart (1H): NAS100 is in Wave 4 of a larger Elliott Wave sequence, moving within a...

spaceangel Updated 

Trend Overview: NAS100 has recently completed Wave 5 of a higher-degree impulsive structure, indicating a potential trend reversal or a corrective move is imminent. This is consistent with Elliott Wave Theory, where after a 5-wave move, the market typically retraces in a corrective 3-wave pattern (ABC). Key Structural Observations: Wave 5 Characteristics: Sharp...

spaceangel Updated 

Key Observations Current Strong High & Invalidation Point (70.34): Marked as Wave 0 and serves as the critical level for invalidating any bearish outlook. If this level is breached, it may signal the continuation of the bullish trend. Primary Distribution Structure: The chart is showcasing Wyckoff Distribution with the following features: Preliminary Supply...

spaceangel Updated 

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,...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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,...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...

spaceangel Updated 

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...