AustineStrataLabs

AustineStrataLabs Updated 

What to look out for this week? Gold is been trading in a range between 2062.21 - 1992.74 for more than 3 months now. A breakout on either side of the range will be very spectacular . BEARISH SCENARIO - For a bearish scenario to occur (break below the range) we can ask and consider the following: 1. Was the top wick created in December 2023 a liquidity to...

AustineStrataLabs

BTCUSD ANALYSIS 🐄: Bitcoin is at a critical level ($47158), this is a key level in a sense that price has made decisions on this level in the past. A monthly closure above this level could see price going to the highs at $58000 and possible the ATH at $68000. 🐻: (as above, so below as you know) A monthly closure below the $47158 could see price dropping to the...

AustineStrataLabs

Gold just made a higher low on the daily after breaking the previous high (2009.56). One or two scenarios must happen: 1. The new higher high(2146.42) will be broken before another higher low is formed (must be above the current higher low @1972.90) NB: On the 1H TF we just broke above the EMA, had CHOCH, followed by a pullback But— 2. A break of the...