Weekly with potential open high low close (OHLC) Daily chart showing bearish institutional order flow and a potential internal range liquidity to external range liquidity move 4h shifted to bearish institutional order flow
Bitcoin big move is near. Use this chart as your guide.
Gold closed the session yesterday, and the bullish trend remains intact. The metal ended trading around $2,935, with buyers firmly in control. From a technical perspective, EMA 34 and 89 continue to signal an upward reversal. Gold is moving within an ascending price channel, while accumulating momentum inside a consolidation range. After a short-term correction to establish a new peak, gold is expected to break the trendline and continue its rally toward new record highs.
XRP is in a consolidation phase after a volatile period. The price might retest the lower support zone before continuing is bullish trend. The current price action suggests a pivotal point for XRP as indicated by a neutral Stochastic indicator.
Trend Channel to steep down trend Possible Reversal at axis line Rising volume hints on absorption Plan to go long on 24 Target Price to recent high Stop Loss near below axis line
We have two potential scenarios for TAO: 1.) Bullish Scenario: This is based on the macro degree wave 5, where the 1-2 wave structure has already completed, and we are currently in the process of unfolding the remaining subwaves 3, 4, and 5. If this scenario plays out, we are targeting levels above $1000. 2.) Bearish Scenario: This scenario remains a possibility, as the macro wave 5 may have already terminated, signaling the start of a larger corrective phase. In this case, we would be entering a bear market, with a potential ABC correction unfolding.
MSFT trade setup was spot on. Sometimes the play just doesn't work out. Will be looking out for it next week.
Trend: Uptrend EW No.: Wave (iv) in progress Note: Now Wave (iv) seems to form a triangle pattern before going to Wave (v) to complete expanded Wave 1. This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
Following the previous post, 24 Feb 25 may be the start of the bullish rally for DXY. Possible Wyckoff Re-accumulation pattern Falling Wedge hints bullish reversal Liquidity Zone established Plan to Long DXY and target for recent high, and stop loss at recent low. About 2.45 Reward:Risk Ratio
Continuation of selling is expected on Monday but not another large range down as seen on Friday. Sellers are expected to catch their breath. 6010 would be the next objective to the downside.