GOLD (GC1!) ELLIOTT WAVE ANALYSIS - TRIANGLE PATTERN©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
The context suggests that we are inside the 4-grey wave, as the 3-grey wave ended at the high of 2,801.2.
The 4H chart shows that we are inside the 4th wave in grey, based on some data on the current price action, it looks like a Sidewaves pattern and is narrowing over time. So it suggests to me the view of an unfolding Triangle.
The ((d))-navy wave is probably close to completing its role by creating the resistance level ((b)),((d))-navy, but this view is not strong, so at the moment in gold, there are at least several different wave counts at work at the same time.
Let's look at the alternative view of ALT, which also shows that the 4-grey wave is not showing any signs of ending, but instead developing as a Flat, its ((b))-navy wave will move higher.
Eliottwavetheory
GOLD (GC1!) ELLIOTT WAVE ANALYSIS - TRIANGLE PATTERNThe context suggests that we are inside the 4-grey wave, as the 3-grey wave ended at the high of 2,801.2.
I see that the 4-gray wave is taking a long time, and is probably getting forming narrower as time goes on, as well as its subwaves have a lot of Three-waves, which directly suggests to me the idea of a Triangle (3-3-3-3-3 or ABCDE).
A closer look, the ((a))-navy to ((c))-navy, and the ((d))-navy wave is actually not over yet but continues to grow to go a little higher . That could indicate that the resistance levels at 2,761.3 play an important role, which is also the ideal stopping point of the ((d))-navy wave. After that, the ((e))-navy wave will move lower. furthermore.
ASX:RIO ELLIOTT WAVE ANALYSIS ©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Wave ((ii))-navy may move a little lower. Then wave ((iii))-navy may turn back to move much higher. On the other hand, a break of 126.04 would trigger the ALT alternative scenario, suggesting that wave ((iii))-navy may be ready sooner than expected.
Invalidation point: 105.11
Cofirmation point: 126.04
GOLD (GC1!) ELLIOTT WAVE ANALYSIS - TRIANGLE PATTERNCHARTS OF THE DAY
©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
The context suggests that we are inside a 4-grey wave, as the 3-grey wave ended at the high of 2,801.2.
I see that the 4-grey wave is taking a long time, and is probably getting narrower as time goes on, as well as its subwaves have a lot of Three-waves, which directly suggests to me the idea of a Triangle forming (3-3-3-3-3 or ABCDE).
A closer look suggests that the ((a))-navy to ((d))-navy wave is probably completed, and we are inside a ((e))-navy wave. It will continue to aim for the nearest target at 2,633.8 (Wave ((e))-navy = 0.618 x wave ((c))-navy - this is a fibonacci multiple ratio of subwaves in the triangle pattern). Wave ((e))-navy will develop as a Zigzag.
So, in the coming time, gold may move up with wave 5-grey, but not yet, because it needs more time to complete this Triangle pattern.
While the price must always remain lower than the high of 2,734.2 to maintain the short-term bearish view with the Triangle pattern.
ASX:FPH ELLIOTT WAVE ANALYSIS ©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
We see that ASX:FPH stock is about to complete a Triangle with wave 4, and prepare for the push up with wave 5. This analysis will guide you through the key points and important price levels to know the upcoming important market movements in the most intuitive way.
Details: The 4H chart shows a more detailed representation of the Triangle of wave (4)-orange. I guess it is probably coming to an end, and preparing to end this fourth wave, so be ready for wave (5)-orange to return. A push above 35.45 would add weight and confidence to this view. Conversely, no push above, instead a break through the end of wave C-grey would eliminate the bullish view of wave (5)-orange.
Invalidation point: The end of Wave C-grey
Confirmation point: 35.45
ASX:COH ELLIOTT WAVE ANALYSIS - 8 JAN, 2025 - BULLISH©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master.
Function: Major trend (Minor degree, grey)
Mode: Motive
Structure: Impulse
Position: Wave (y)-orange of Wave ((2))-navy
Details: Looking closer, wave (2)-orange looks like it is developing as a Flat labeled A,B,C-grey, and we still have a push lower with wave C-grey. Then wave (3)-orange will return to head higher. On the other hand, the rapid and strong penetration of the 309.63 high directly suggests that wave (3)-orange in the ALT alternative scenario is probably unfolding.
Invalidation point: 17.80
Confirmation point: 19.65
GOLD ELLIOTT WAVE ANALYSIS: 07 JAN, 2025©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master.
Wave (ii)-orange may have finished and wave (iii)-orange is pushing lower, aiming for the nearest target around 2,608.4.
While price must remain below 2,681.0 to maintain this view.
On the other hand, the alternative scenario ALT (less likely), suggests that wave ((b))-navy in another development has completed, and wave ((c))-navy will move higher. A push above 2,681.0 would indicate this.
TLT BOND ELLIOTT WAVE ANALYSIS: 7 JAN, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master.
The entire ((4))-navy wave most recently finished as an (A)(B)(C)-orange Zigzag, and the ((5))-navy wave is turning back to push lower. It is subdividing into waves 1,2-grey, and they are complete, since the high of 94.85 the 3-grey wave is unfolding to push lower, targeting the low of 83.58.
GOLD TO $3000/OZ (after correction ofc)After my previous optimistic idea, here’s a scenario that seems much more likely! Now I can also see that gold needs a little break before it can head towards the $3000+ target price! I think the $2500 avg. price level is a very good entry point before the first wave of the fifth wave begins.
Bitcoin & Macro Analysis fo 2025From previous analysis, BTC on target and Hit Fibonacci Extension 1.272 at $108.000
And rejected from this area
For now, BTC need pullback before continuing rally
You can see pullback area at :
- Fibonacci Retracement 0.236
- Fibonacci Retracement 0.386
- Fibonacci Retracement 0.5
Be cautious with your decisions, especially for 2025 , as the Dec 2024 Summary of Economic Projections release has impacted the market. Macro economic conditions are solid, but the Fed's decision left the market disappointed.
After release Summary of Economic Projections Dec 18 FOMC, market was disappointed since The Fed's forecast cut rates only 2x or maybe just 1x (3.9) instead of 4x as SEP projected in September (3.4).
TLT BONDS ELLIOTT WAVE ANALYSIS: 19 DEC, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
The entire ((4))-navy wave most recently finished as an (A)(B)(C)-orange Zigzag, and the ((5))-navy wave is turning back to push lower.
It is subdividing into waves 1,2-grey, and they are complete, since the high of 94.85 the 3-grey wave is unfolding to push lower, targeting the low of 83.58.
EUR/USD price dropEUR/USD price decline is bearish for the next 2 weeks to 10 days
Entry in the range of 0.05645
Successful trade ((Stop Loss)): 0.06465
First target ((Take Profit)): 0.03250
Second target ((Take Profit)): 0.03040
Try to consider a risk to reward of maximum 3 and stick to the suggested entry and exit points
EurUsd completed 5 wave now ready to complete wave CLooking for Impulse Up
EurUsd completed wave 1,2,3,4,& 5. waves a and b also done now it will move to complete wave C. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
Gold/XauUsd formed a triangle pattern to move FAST!What i see!
Gold/XauUsd: Formed a triangle pattern. We should wait for a breakout to enter this trade. When the pattern is broken, gold will move quickly upward or downward.
It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
APTOS, DO NOT MISS THIS ONE 600%+Absolutely beautiful leading diagonal on APTOS formed which will be the wave 1 of the second scale of the macro wave 1.
This will be a huge move triggering the first wave 3. I'm expecting a minimal target for the completed wave of $48+!
I'm scaling in heavily starting from the unlikely to hold fib 0.382 (probably a strong bounce) but hitting hard at 0.5 & golden zone.
If it actually starts holding above the wave 1 high & golden zone and we get a very rare shallow wave 1 correction, i'll ape in also.
See you at $48 boys!
HBAR ready to make a new Higher High?Is #HBARUSDT ready to make a higher high?
Here’s how this trade could unfold:
When the daily candle closes above the resistance line at 0.0596, we will have an official higher high.
The first target (wave 1) is around the 200 EMA at 0.0729.
After a retest of the resistance line (wave 2), which will then become the support line, the next target (wave 3) is between the 1 and 1.6 Fibonacci levels at 0.0929 - 0.1115.
We may then see a retracement (wave 4) to the 0.382 Fibonacci level at 0.0994.
The final leg (wave 5) will push to a new high above the top of wave 3.
REMARKS:
• It is important to emphasize that any information or content you encounter here is not intended as financial advice. We want to make it clear that we are not authorized or qualified to provide personalized investment advice. Our content, including ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, should be viewed strictly as informational, entertaining, or educational material.
• We emphasize that you should not construe the information provided here as personal investment advice or as a recommendation to take specific investment actions. It is crucial to conduct your own research, consider your individual financial circumstances, and consult with a qualified financial professional before making any investment decisions.
• While we aim to provide accurate and reliable information, we cannot guarantee the absence of errors or inaccuracies. Therefore, it is recommended to independently verify any information provided and exercise your own judgment when using it for decision-making purposes.
• Please be aware that any actions you take based on the information found here are done so at your own risk. We disclaim any liability for the consequences of your actions or decisions stemming from the information presented.
• Our intention is to provide helpful information that can contribute to your overall understanding and assist you in making better-informed decisions. However, it is essential to exercise caution, seek professional advice, and take responsibility for your investment choices.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade.
SOL Bullish driveUsing STIC indicators v1 and v2 helps identify bullish/bearish flips and potential major or minor corrections. In combination with plotting Elliot wave impulsive and corection waves, we can see that SOL is currently in impulsive wave 2 and corrective wave C, which is pointing to the end of wave 2, as shown here on the lower timeframe:
As long as the bullish bearish market flip line holds (green MA line) using STIC v2, the bullish momentum should continue.
Position accordingly.
I use STIC (Smart trading and Investment Companion) to identify my entries and exits
#Tradesmartly
NzdUsd formed a Triangle pattern to move down. (Swing Setup)Looking for Impulse Down.
NzdUsd getting ready to move down. It completed leg 5 with a triangle pattern. Now it will follow a way to complete another impulse. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
EurUsd formed a Triangle pattern. (Swing Setup)Looking for Impulse Down.
EurUsd getting ready to move down. It completed leg 4 with a triangle pattern. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
SIUE, Oy Vey!It looks like the end of lil' Siu's rampant growth is coming.
This little beauty studied well and pleased the teachers with her growth, but everything comes to an end and the holidays begin
- And we will witness the manifestation of her dark side -
It will be a hike down the social ladder for her - swashbuckling parties of wave A, a little respite in wave B and the last fall in wave C (I'm even a little jealous). A similar thing happened to Thomas Henry (Oscar Wilde)
Look at the chart, friends - I marked the ALT account in YELLOW, but GREEN movement is a priority.
Since wave 3 has been extended by as wave 5, the end of the correction may come in wave 2 of (3)
Green box - ist a SUGGESTION, I will update if I like :)
Buuuugh
ANYWAY
tap da rocket if u understand thy idea or just what I wrote