Cyber Monday saleUp to 70% OFF

Elliott Wave

Possible correction down for BitcoinHi traders, Last week Bitcoin did exactly what I've said in my outlook. Price came into the Daily FVG and reversed from there to a new ATH. If you've followed my analysis you could have made a lot of money. Now wave 5 has finished and it's too late to buy. So wait for the (corrective) downmove first before you take any trade again. Let's see what the market does and react. Trade idea: Wait for the (corrective) downmove first before you take any trade again. If you want to learn more about my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! Eduwave
by EduwaveTrading
More downside for goldHi traders, Last week XAUUSD continued the bigger correction down into the Daily FVG. From there it went up again. I think wave 4 hasn't finished yet. So next week we could see more downside for this pair. Let's see what price does and react. Trade idea: Wait for a (small) correction up on a lower timeframe to trade (short term) shorts. If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! Eduwave
FOREXCOM:XAUUSDShort
by EduwaveTrading
Potential Path for BTCBasic on Fib level and other Fib base time cycle method, this is my current outlook on BTC. Assuming investor don't start selling off right before or at the 100K psychological price level, with interest way going lower and better economy outlook as new president to push policy that will favor investors. We could extend to the 116.8K to 120k before a real correction to come. The MACD and EMAs are still looking very bullish on the daily chart. This is pure speculation and not financial advise.
Long
by polarity
NIFTY50.....Bearflag underway?Hello Traders, The NIFTY50 probably made a significant low @23816 on the 4th of November! It touches my favourite price range from 23893 to 23140. The "advance" since the low @ 23816 shows an impulsive structure, and the weakness afterwards is traced back to a 0.618 Fibonacci of the advance. The stage can be set for another leg to the upside. Target area around 25257. A possible wave x has been counted here! If so, we will have to check the internal structure of the wave to see if it is a major pullback (bear flag) within a "weakening" phase of the market, or if it is a new impulsive advance. If the latter is the case, the timeframe should be at least 1-2 weeks. But! If this decline is not yet over, the open target around the 23140 area should be on your list! Keep that in mind. Always be patient! Have a nice week..... Red Nose Please ask or comment as appropriate. Trading on this analysis is at your own risk.
NSE:NIFTY
by ruebennase
Bitcoin Roadmap==>>Correction SignsBitcoin ( BINANCE:BTCUSDT )is moving near the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) , which acts as a Resistance line . According to the Elliott wave theory , Bitcoin has completed main wave 5 with the help of Ending Diagonal , and we should wait for Corrective Waves . Note ( Education ): The Ending Diagonal is the Rising Wedge Pattern in terms of Classic Technical Analysis . Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI and Volume Indicators . Note : Since trading volume is usually low on Saturdays and Sundays , we can expect the main corrective movement to happen at the beginning of the next week . I expect Bitcoin to have a corrective trend in the coming week , considering that there are attractive volumes for liquidating long positions at lower prices , as well as the technical analysis that I talked about above. Of course, from November 13 to November 15, important indexes will be released from the USA(Core CPI m/m, CPI m/m, CPI y/y, Core PPI m/m, PPI m/m, Unemployment Claims, Core Retail Sales m/m, Retail Sales m/m) , which can impact Bitcoin's main trend . ⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
57
Grass If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! I'm bullish on $GRASS if it can form an impulse up here and break 3.40. Has been pivoting at the levels I have labeled in the previous charts...check my profile. There is a swift reaction here but it appears to be a Zig Zag correction down atm. So here I am looking for an impulse up for a possibility of continuation. 3.40 is a key component here as well. If it rejects, it could lead to a deeper retracement. Trade Safe, Trade Clarity.
GLong
by CryptoKnee
1
Correction down for SPX500USDHi traders, Last week my analysis of SPX500USD had been chosen for the Editor's Picks of Tradingview. It was very funny to read many comments that my analysis was wrong and that it was more likely that this pair would drop then rise. Now a week later we see who was wrong and who was right and who made a profit. As a trader you always have to trust your own analysis. Don't listen to other opinions because that is mostly the losing mass that is speaking. I do this for 10 years and I know what I'm doing. Now next week we could see the finish of wave 5 and after that a bigger correction. Trade idea: Don't trade. Wait for the bigger correction down to start. After a change in orderflow to bearish and a correction up on a lower timeframe you could trade (short term) shorts. If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:SPX500USDShort
by EduwaveTrading
1
S&P 500 Market Update + Trade Idea and process AMEX:SPY S&P 500 Review I would like to start off by saying my previous post from October 24 outlined this correction almost to the exact T. From $585 to 565. That is a 20 point move. I say this not in arrogance or self conceit but to provide context. Combining Corrective waves Zig zag / irregular flat/ zig zag (missing) I believe we are still in a corrective phase in the market. For Ew followers I believe this would be called an irregular correction. it is a complex correction. I recently learned of this pattern from other great ew traders. Starting with a zig zag correction ( A B C) \/\ down up down - picture a ball bouncing from a higher structure and gradually bouncing lower. Then it rotates into second structure this one similar to the first but more momentous down up down. If I am not mistaken we are near ending the second leg ⬆️ up. that means we should be rotating ⬇️ down next. If I had to provide a Price target for the full last leg I would say back to 565 or lower. Now this could be completely invalidated there has been so much volatile price swings, however the more you know the better you can prepare. (Now the fun part) One thing I find difficult about trading is all the information out there. So many theories and data but yet it has no benefit to me if I cannot make a decision. As a new trader I would say a great chunk of the information out there does not lead to decision making. Trade framework💡 Let’s walk through a trade plan from start to finish. Assuming everything is correct where price goes in the short term is irrelevant. If it goes to $700 in a day doesn’t matter. A) I would be looking for reversals. 1. Using candle stick patterns ie. bearish Engulfing or evening star patterns. 2. triangle patterns ie rising wedge. 3. Double Top (huge reversal at a set level) entry on second reversal / entry on third confirmation candle. Stop loss slightly above first candle level. 4 Head and shoulders pattern That is it! B) I am targeting the areas of resistance. Questions to ask yourself. 1. What are some areas price gapped up from but never revisited. (Mark out the gaps). Trading into those zones. 2. What were some major resistance level before and has it been retested as support? Mark out strongest levels. 3. Where would buyers lose confidence. This is contrarian trading. Trading against the popular view. If I was a buyer & price reversed on me where would I sell? These are the area you should be looking for major moves your area of opportunity. (Tight stop loss). Stop loss should be tight. Re-entry is ok. Suffer 1000 tiny cuts vs a guillotine. 1. If price breaks above 600 & then fails I would be looking to open a short position targeting the 586 level. Multiple positions ie. open 4 positions Sell one before $593. 2 at 586. Hold unto final position - to see if price falls further. Sell for profit if prices bounces hard. Look for re-entry. #spy #500 #index Will create a video to go over my chart. NFA! Do what’s best for you.
AMEX:SPYShort
by coilemard
4
More downside for EUHi traders, Last week EU did exactly what I've said in my outlook. The correction finished into the Daily FVG and 38.2 fib retracement and dropped from there. For next week we could see a small correction up into the FVG above and from there a drop lower. Let's see what the market does and react. Trade idea: Wait for price come into the FVG above and trade (short term) shorts after the finish of a correction up on a lower timeframe. If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! Eduwave
Short
by EduwaveTrading
Next Upisde move of the market belongs to TSLA !TSLA can make many investor rich once more ! TSLA has more than likely completed it's major correction at 1 01.8 USD on 6th Jan 2023 similar to many other giant stocks . This scenario matches with my best case scenario for PSX published before which proposed the previous bear market as just correction of the bull run after pandemic low. TSLA's major correction has been labeled as primary degree wave 2 on the chart which was terminated at 0.74 Retracement of the whole major up going wave from IPO to ATH . Mentioned large upside move has the label of primary degree wave 1 on the chart. This means that TSLA has started its major up going primary degree wave 3 which at least can push up the stock's price to 770 USD and even much more in long term. AS shown on the chart , Stock price is reaching to a strong resistance zone at 300-315 which is confluence of two strong static resistances and major down trend line. This strong zone may make an another great buy opportunity to traders and investor if it can push the price back down to 180-217 buy area. Please note many giant stocks made a new ATH while TSLA is far from the top. This suggests that next upside move of the market belongs to TSLA . If true, current ATH will be like a baby comparing to the future giant one. Wish you huge profits and Good Luck.
NASDAQ:TSLA
by SaeedSajedi
18
EURUSD_4H&1D_Buyhello hello 💠Eurodollar analysis in the medium term time frame The analysis style is based on Elliott waves According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support. 💠The important number of this week is 1.07777 Target and resistance 1.10000 Eurodollar analysis in the medium term time frame The analysis style is based on Elliott waves According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support. The important number of this week is 1.07777 hello Eurodollar analysis in the medium term time frame The analysis style is based on Elliott waves According to the completion of 5 downward waves, there is a possibility that we will be the bottom price range and the market can only go up by keeping the number 1.06666 as the main support. The important number of this week is 1.07777 Target and resistance 1.10000Target and resistance 1.10000
Long
by Elliottwaveofficial
Bitcoin - If you buy, you can get REKT in 2025! (Insider Info)Bitcoin is forming a historical bearish divergence on the weekly chart. As we can see, the price is making higher highs, while the RSI indicator is making lower highs. Historically, Bitcoin reacts to the divergence very successfully, and a lot of traders use it as a main indicator. Bitcoin can fall to 38k - 44k, so if you buy now, you can experience a massive loss if you are going against the RSI divergence. Best to open a short position, stop loss 81k. This bullish flag looks like a trap for retail traders. Intelligence people know that Bitcoin can have an infinite supply. It's nothing more than a computer program, and it can be modified. And they will give you good reasons to increase Bitcoin supply in the future, such as World War 3. And sheep will say yes, let's print more Bitcoin to end the war. Once Bitcoin becomes the world's digital currency, controlled by the FED as they plan to do so, you will hate Bitcoin. In a previous article, I said that crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system. You probably heard about Greys, Reptilians, and Draconians. When you look at them, you will notice their ugly appearance. Nature hates them; that's why they are very ugly. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
218