spacedevil

spacedevil

I'm currently observing a distribution phase in XAUUSD, where a trading schematic appears to be unfolding based on available data. We have completed phases A (BC, AR, ST). Phase B formed a significant area of supply (SOW) within wave 4 of the internal cycle, supported by clean price action, thereby adding confluence to harmonic patterns. Phase C (LPS) tested the...

spacedevil

If you're reading this or found the analysis helpful, please take a moment to share your thoughts. Your opinion is valuable! Like the post if you support this idea, or comment with an explanation if you have a different perspective I'm currently observing a distribution phase in XAUUSD, where a trading schematic seems to be unfolding based on available data. We've...

spacedevil

I'm currently assessing the potential continuation of the downtrend for gold on the hourly cycle.

spacedevil

am currently bearish on the NASDAQ and am closely monitoring critical support levels that indicate the conclusion of Internal Wave 5. We anticipate a potential rally on the buy side, specifically in Internal Leg 4, which may take the form of patterns such as ABC, WXY, or Flat before a reversal and continuation of the primary downtrend. The current market...

spacedevil

My current outlook for GBP/JPY is based on the 4-hour timeframe. According to higher timeframe (HTF) analysis, we appear to have entered a corrective phase for leg 4 on the monthly timeframe. Examining internal cycles, we observe the full development of waves 1-5 for either leg A or leg W, which represents the initial wave of HTF wave 4. I anticipate a bullish...

spacedevil

My current outlook for GBP/JPY is based on the 4-hour timeframe. According to higher timeframe (HTF) analysis, we appear to have entered a corrective phase for leg 4 on the monthly timeframe. Examining internal cycles, we observe the full development of waves 1-5 for either leg A or leg W, which represents the initial wave of HTF wave 4. I anticipate a bullish...

spacedevil

I anticipate bearish price action in the gold market over the next few days, primarily due to expected correction phase. Reasoning: Given the recent bullish rally, I foresee a corrective pullback as the market adjusts from overbought conditions. Technical Analysis: Key technical indicators suggest potential downside momentum, with support levels being...

spacedevil

Overview: I am providing an outlook on the GBP/JPY . Currently, the pair is in the Accumulation Phase. Current Phase: We are observing an ongoing Accumulation Phase, which is critical for identifying potential trading opportunities. This phase typically involves a period of consolidation where the market gathers strength before making significant moves. Analysis...

spacedevil

Overview: I am providing an outlook on the GBP/JPY Currently, the pair is in the Accumulation Phase. Current Phase: We are observing an ongoing Accumulation Phase, which is critical for identifying potential trading opportunities. This phase typically involves a period of consolidation where the market gathers strength before making significant moves. Analysis...

spacedevil

Overview: I am providing an outlook on the GBP/JPY. Currently, the pair is in the Accumulation Phase. Current Phase: We are observing an ongoing Accumulation Phase, which is critical for identifying potential trading opportunities. This phase typically involves a period of consolidation where the market gathers strength before making significant moves. Analysis...

spacedevil

Overview: I am providing an outlook on the GBP/JPY pair for the next 1months. Currently, the pair is in the Accumulation Phase. Current Phase: We are observing an ongoing Accumulation Phase, which is critical for identifying potential trading opportunities. This phase typically involves a period of consolidation where the market gathers strength before making...

spacedevil

Overview: I am providing an outlook on the GBP/JPY pair for the next 3months. Currently, the pair is in the Accumulation Phase. Current Phase: We are observing an ongoing Accumulation Phase, which is critical for identifying potential trading opportunities. This phase typically involves a period of consolidation where the market gathers strength before making...

spacedevil

Overview: I am providing an outlook on the GBP/JPY pair for the next 12 months. Currently, the pair is in the Accumulation Phase. Current Phase: We are observing an ongoing Accumulation Phase, which is critical for identifying potential trading opportunities. This phase typically involves a period of consolidation where the market gathers strength before making...

spacedevil

am currently bearish on the NASDAQ and am closely monitoring critical support levels that indicate the conclusion of Internal Wave 5. We anticipate a potential rally on the buy side, specifically in Internal Leg 4, which may take the form of patterns such as ABC, WXY, or Flat before a reversal and continuation of the primary downtrend. The current market...

spacedevil

I am currently bearish on the NASDAQ and am closely monitoring critical support levels that indicate the conclusion of Internal Wave 5. We anticipate a potential rally on the buy side, specifically in Internal Leg 4, which may take the form of patterns such as ABC, WXY, or Flat before a reversal and continuation of the primary downtrend. The current market...

03:06

spacedevil

Based on current analysis, I am bullish on GBP/JPY. The existing templates remain valid, and I will be leveraging this opportunity next week through price action strategies. Further details will be provided in upcoming updates, focusing on the internal cycles across the 4-hour, 1-hour, and 15-minute timeframes.

spacedevil

Revised Analysis: EUR/GBP Market Outlook Shift: Bias Change: Transitioned from a bearish to a bullish outlook. The shift indicates a potential for a deeper correction to the upside, suggesting that previous bearish expectations may no longer apply. Counter-Trend Position: In a risk-off environment, this adjustment suggests a positioning against the prevailing...

spacedevil

Current Analysis: Correction Buy (ABC Pattern): We’re observing an ABC correction pattern. HTF Leg 1 has developed well, and we're about to complete Wave 3 in this leg, entering a markdown phase. Current Position: Leg C: We’re in Leg C of the ABC pattern, which should deliver an impulse move. However, internal indicators aren't fully confirming this setup...