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Elliott Wave

Gold (XAUUSD) ShortThis is not an financial advice. This is just my observation. 1. Gold is obviously bearish and the price is on its correction way. 2. Based on Elliot, the A and B wave has been completed and we are now in the wave C. In the wave C, the first and second waves are almost done and we are going to enter wave 3. The 2/C is reached to 50% correction. However, I have to admit that On Friday I expected that price should reach 2670 (on of the strangest price resistance level). On 4H time frame, yesterday price crossed down the EMA 200 which can be considered as an entry signal. 3. For long term (I think until next Fed reserve rate announcement, unless other news interrupt) price should meet about 2470, although more bearish is also possible. After 2470, I suppose we should look for a bullish signal. Until then, we have some minor SR levels, expectedly on about 2568, 2515. I am looking forward for your comments. Bests,
CAPITALCOM:GOLDShort
by jack_the_real_trader
1
[BTC Elliott Waves] 100K still seem some distance away in futureThis is continuation of my previous analysis on $INDEX:BTCUSD. Right now, we can see clear 3-3 waves in w and x after making a peak in 3 at 99,661. This means wave y down is still pending. Wave y is typically the longest and the correction so far hasn't even been 38.2%. Further this, w-x-y is part of larger wave 4 . And Wave 4s usually do 38.2% retracements. In this case, it's around 86,600. One might counter saying that what I am considering wave x is actually 1-2-1-2 and not 3 waves. But if you would drill down to 4H then you can see that each leg itself is 3 waves so it makes me think the recent rise was wave x and y down is yet to happen. Having said that, there is a possibility that wave x is actually a leading diagonal of sort in making. So this would be the bullish alternative but for this is happen, we need to see a move up above Friday's high of 98,750 next. Till this high holds, I would favor the wave y down outcome.
INDEX:BTCUSDShort
by YetAnotherTA
XAUUSD_1D&1W_Buyhello gold analysis In the medium and long term time frame Elliott wave analysis style The market is in an upward trend that we are big in the 5th wave in the form of Elliott waves in the weekly and long-term time. And in the daily and mid-term time, we are big in wave 4 of 5, the bottom of wave 4 can be considered the range of $2444, and as long as we are above this number, this analysis is valid. The targets and resistances of wave 5 of the 5 biggest numbers are 2777 dollars and 3000 dollars, respectively, and the final number is 3300 dollars.
OANDA:XAUUSDLong
by Elliottwaveofficial
RONIN Daily TimeframeThe break of the green descending trendline is giving RONIN a nice move to the upside. In my primary count, we are currently in the final stages of blue 3. Corrections for blue 4 are buying opportunities. At this moment it is not clear to me if this is a correction (black ABC) or impulsive wave (black 12345). The lack of RSI divergence on the August low gives me a small bias for a correction. In any case, the 2.40 to 2.50 zone should offer resistance, for black wave 3 or C.
Long
by Stoic-Trader
20 year long BTC analysisTaking into account the halvening and the recent bullish news of countries and big companies wanting to establish a BTC reserve. I think we can see some crazy cycles in the future. These entities are most likely planning to hold for a minimum of 20 years. And countries won't be shy to print some extra dough for it. Some may see it as an opportunity to finally get rid of their national debt. As long as fiat exists BTC will most likely keep going up. Its that simple.
BITSTAMP:BTCUSDLong
by Uptrendcrypto
XRP → ATH is getting close. Consolidation before the rallyBINANCE:XRPUSDT rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140% At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775. Resistance levels: 1.5234, 1.6300 Support levels: 1.4116, 1.2775, 1.2133 So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer :) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:XRPUSDT ;) Regards R. Linda!
Long
by RLinda
29
Gold will go Down by Bearish Flag Pattern!!!GDP , Unemployment Claims , and Core PCE data were announced almost as expected . If the Unemployment Claims, GDP, and Core PCE data are released in line with expectations, their impact on the markets is usually limited because: 1-Priced-In Effect : Markets tend to adjust their pricing ahead of time based on forecasts. As a result, data matching expectations typically does not provoke major market reactions unless there are surprises in other economic indicators. 2-Market Stability : When key indicators align with predictions, investors often maintain their current strategies, leading to reduced volatility unless new risks or external shocks emerge. 3-Monetary Policy Implications : Data in line with expectations generally confirms the prevailing outlook for monetary policy. For example: But today's important news was the signing of the ceasefire between Lebanon and Israel , which can reduce tensions in the Middle East and be a factor in preventing Gold from rising again . ------------------------------------------------------- Gold ( OANDA:XAUUSD ) is moving in the Support zone($2,644-$2,625) . From the point of view of Classical Technical Analysis , it seems that Gold has succeeded in forming a Bearish Flag Pattern , we can confirm this pattern by breaking the lower line of the ascending channel . According to the Elliott wave theory , Gold has succeeded in completing the main wave 4 , and we should wait for main wave 5 . Based on the explanation above, I expect Gold to continue to decline to at least the Support zone($2,605-$2,584) . 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
OANDA:XAUUSDShort
by pejman_zwin
7
Dogecoin $DOGE/USDT - 200D SMA Bull Regime DetectionThis indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies. We've just had our bull regime print and are trading 43 days of bull regime duration. Key Features: - Dual SMA System (50/200) for regime identification - Colour-coded candles for easy trend visualisation - Metrics dashboard Core Signals: - Bullish Regime: Price > 200 SMA - Bearish Regime: Price < 200 SMA - Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
Long
by igreycrypto
GOLD → Interest in metal is growingFX:XAUUSD on the background of support from the dollar correction updates local maximums and aspires to the liquidity zone. Reduced liquidity due to the holiday weekend in the West also plays its role on the markets Gold holds within the boundaries of the local ascending channel on the background of restrained dynamics of the US dollar, mainly due to the data on inflation... Dovish sentiment regarding further Fed policy actions continues to support the gold price, which is not a subject of interest. There is growing interest in gold as a hedge asset on the back of the exalized conflict in Syria, as well as in Eastern Europe. Technically, the emphasis is on the channel borders, as well as on the resistance of 2677 and 2690. A sharp approach of the price to these zones may provoke a pullback. Resistance levels: 2667, 2677, 2690 Support levels: 2660, 2654 If the bears hold 2660, the gold may correct to the channel support. But at the moment the price is heading towards the resistance. Keep an eye on these levels! Regards R. Linda!
FX:XAUUSDLong
by RLinda
8
XAUUSD: ABC Correction Structure Targets $2450Looking at the updated Elliott Wave analysis of Gold (XAUUSD), we can observe a clear ABC corrective structure: Wave A completed a 5-wave decline from the highs Wave B formed as a corrective rally, reaching around $2720 Wave C is now in progress, developing as a 5-wave impulse structure downward Currently in Wave C: Wave (i) has completed and Wave (ii) is nearing completion. Wave (iii) appears to be developing, showing the characteristic strong momentum of a third wave Expecting wave (iv) to form a small corrective bounce Final wave (v) should complete the entire ABC structure Key Levels: Wave B high: ~$2720 (invalidation level) Current price: Testing key support levels Target for Wave C completion: ~$2450 The parallel channel formation helps guide the price action and suggests the bearish momentum could continue until reaching our target zone. Traders should note that completion of this ABC structure could lead to a significant reversal.
FX:XAUUSDShort
by ewturk
NZDUSD → False breakdown of a double bottom. But...FX:NZDUSD is forming a local reversal pattern on the background of the dollar correction. It is too early to talk about a change of trend, but we can get a correction with the purpose of retesting the liquidity zone On the daily timeframe earlier a false breakdown of the double bottom was made, the price was not let down and in a few days began to buy out on the background of news on inflation from the USA. Traders took the decline in inflation relatively positively and moved to profit-taking in the dollar, which gives the forex market a chance. For now, the focus is on the 0.59-0.5912 zone. If the bulls can keep their defenses above this zone, we may get a rise to 0.597 (towards the descending channel resistance) in the long run Resistance levels: 0.5912, 0.5972 Support levels: 0.588, 0.58166 But, we should not deny the downtrend. From any resistance the price can continue downward movement, as there are no preconditions that the market is ready to change the trend. Regards R. Linda!
Long
by RLinda
5
Nikkei 225 short: Wave 3 downThis is a follow up to my previous idea to short Nikkei. I've cleaned up the waves so that it does not look so cluttered. Those lower degree wave counts from previous waves are removed. If you are interested to know the breakdown, please see my previous ideas. What I am showing now is that the wave 3 is taking a longer time because it is building crash power and thus we are actually 3 degrees down from primary wave while building this wave 3 down move.
OANDA:JP225USDShort
by yuchaosng
1
EURJPY → Support breakdown. Attempt to change the trendFX:EURJPY seeks to renew lows. The dollar rally is negatively affecting both JPY and EUR. The Eurozone has yet to face Trump's policies, while Japan is already going through a rough patch.... The currency pair is exiting the ascending channel, hinting at a trend change. The price breaks support and consolidates in the selling zone. Ahead is the key support at 161.2, the breakdown of this zone may provoke the bears to more active actions. Technically and fundamentally, the currency pair is entering the downward rally phase, so the trend change is just the beginning.... Resistance levels: 162.04, 162.5, 163.2 Support levels: 161.16, 158.4 The focus is on the channel boundaries, resistance at 162.04 and support at 161.16. From these zones an aggressive fall may be possible, as buyers do not believe in a positive outcome at the moment Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURJPY ;) Regards R. Linda!
Short
by RLinda
4