Gold(based on NEo wave)on this branch of gold it is making a symmetrical and wave g is ending>
I think a good corrective wave is on the way!
Elliotwaveanalysis
EUR/JPY – Bearish Setup with Elliott Wave AnalysisThis EUR/JPY daily chart shows an Elliott Wave analysis, suggesting a possible bearish continuation. The current wave structure indicates the pair is moving through the final phase of a five-wave impulsive sequence.
The market has completed three waves of a larger impulsive cycle, with Wave (4)
The price movement between Wave (2) and Wave (4) shows a pause or slowdown after going up. This means the buyers are losing strength, and the price may soon start to fall
If the price gets rejected near 162.900 , it could confirm further downside.
If it breaks below the 159.674 level, it may speed up the decline, with a possible target around 155.526 level.
“Weak Demand Signals Potential for a Lower Low”Currently, the position of NCF1! or Newcastle Coal is within wave 5 of wave (C) of wave , indicating that Newcastle Coal remains vulnerable to further corrections toward the 86.55–96.15 range, as represented by the black labels.
A similar pattern is observed in the red labels, where Newcastle Coal is also nearing the completion of wave (5) of wave .
We observe continued pressure on coal demand due to weak consumption and oversupply, as many countries are increasingly investing in renewable energy sources amid slower global economic growth.
Hellena | Oil (4H): SHORT to support area 65.268.We need to talk about one important nuance. Many people ask “Hellena, you say you can't buy oil, but it's going up. Well, it is, yes. But all my data and wave markings suggest that the price will soon start a downward movement. There are major changes in geopolitics and I am not in a position to stop them. I just set a stoploss and wait for the trade that will bring me profit.
Now coming to the forecast, I think that the downward movement will start soon, but before it, the price may rise quite high, maybe even to the area of 74.000.
But the main direction is the support area of 65.268.
There are 2 possible ways to enter the trade:
1) Entry at market price.
2) Limit pending sell orders if the price starts an upward movement to the area of 74.484.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
XAU/USD: 5th Wave Rally After CorrectionOn the 1-hour timeframe, XAU/USD has formed an Elliott Wave corrective structure. This is an expanded flat correction, typically seen in the 4th wave. The correction seems to have been completed at 3,054, suggesting that the 5th wave may be in progress.
For bullish traders, a potential long position can be considered around the 0.236 retracement level as a pullback entry point.
The 5th wave has the potential to reach the following upside targets: 3,110, 3,145, 3,165
However, this bullish outlook remains valid only if the low of Wave IV holds. A breakdown below this level would invalidate the bullish scenario.
BTC - Elliott Wave Impulse and Corrective StructureThis chart illustrates an Elliott Wave pattern on BTCUSDT in the 4-hour timeframe. The market initially completed a 5-wave impulse move to the upside, labeled as (1)-(2)-(3)-(4)-(5), signaling a strong bullish trend. Following the completion of Wave (5), a corrective ABC structure has begun, indicating a potential retracement phase.
- The 5-wave impulse structure suggests a completed bullish cycle.
- Wave (A) marks the initial corrective decline, followed by a recovery in Wave (B).
- Wave (C) is in progress, likely targeting lower levels before a potential reversal or continuation of the trend.
Traders should watch key support and resistance levels to identify potential reversal zones or continuation patterns. If BTC finds strong support at a key level, it could indicate a buying opportunity for the next bullish wave. Conversely, a deeper breakdown could confirm extended correction.
Always apply proper risk management and confirm setups with additional technical indicators.
Elliott Wave Forecast: EUR/USD Prepares for Next Bullish Leg!This EUR/USD 4H chart presents an Elliott Wave analysis, showing the market’s movement within a five-wave structure. The price has completed Wave 3 and is currently in a corrective Wave 4, finding support around Fibonacci retracement levels of 38.2%
• Wave 3: A sharp rally forming an extended third wave.
• Wave 4: An ABC correction is currently in progress and is expected to be completed around levels of 1.07456
If the market respects the proper Fibonacci levels, the target for wave 5 could be 1.09504 .
GBP/USD Technical Outlook: Elliott Wave Mapping the Next MoveThis GBP/USD 4H chart presents an Elliott Wave analysis.
Wave (1) and (2): The market had an impulsive bullish movement in Wave 1, followed by a corrective Wave 2.
Wave (3): A strong bullish move with momentum.
Wave (4): A corrective phase, forming a triangle pattern (a-b-c-d-e), which suggests the market is preparing for another impulsive leg.
Entry Confirmation: A breakout above the triangle pattern.
First Target: 1.31457 (Fibonacci 0.382)
Second Target: 1.32105 (Fibonacci 0.5)
usdt.d(based on Neo wave)This is the final branch of corrective wave and with breaking down 5.15 the bullish wave of crypto begins . for more information follow every counting of charts.
S&P500 will start to riseAsper Elliott wave forecasting the current 4th wave ended this week.
A new wave will begin as 'c5' during 1'st week of April and it may be the climax rally.
Validity of this wave count holds good as long as last weeks low respected.
Traders can initiate long with 5500 as strict stop.
The target will be reached swiftly
Nifty - Awaiting the Fifth Wave for a BreakoutNifty recently hit a low of 21,905 , marking a key reversal point in the trend. A well-defined Head and Shoulders pattern is emerging, with the right shoulder currently forming. The ongoing pullback has retraced to the 38.2% level, but there is potential for it to extend towards the 50% mark at 22,906 . However, the upward move appears to be losing momentum, with buying interest remaining subdued.
Based on the chart, the head of the pattern signifies the beginning of a new impulse wave. This appears to be the fourth wave within the larger first wave. Once Nifty completes this corrective phase, the fifth wave is expected to present a trading opportunity. If wave equality holds, Nifty could potentially rise to 24,857 .
Coin geometry 3 hours chart going up in whilethis is slight update to the previous video about coin
it will continuum down in the channel for while
then rally up for long term traders
A Closer Look at Bitcoin's Elliot Wave PatternHello friends, today we'll attempt to analyze the Bitcoin chart using Elliot Waves. Our approach will involve using Elliot Wave theory and structures, which involve multiple possibilities. The analysis we present here focuses on one potential scenario that seems possible to us.
Please note that this information is for educational purposes only and should not be considered trading advice or investment tips. There's a risk of being completely wrong, so never trade based solely on this post. We're not responsible for any profits or losses. Individuals should consult a financial advisor before making any trading or investment decisions.
Now, let's discuss the Bitcoin chart. On the daily chart, we can see that a black primary degree wave has completed its ((4th)) wave, and the ((5th)) wave has started. Within the fifth wave, an intermediate degree wave is unfolding, which will have its own set of waves (1), (2), (3), (4), (5). The primary black degree wave five will be complete once the intermediate degree wave is finished.
We've drawn accounts on the chart, illustrating the entire structure, including the nearest invalidation level at around $76,666 and the real invalidation level below $50,000.
I hope this analysis based on Elliot Wave theory has helped you understand the chart better and learn something new. Please keep in mind that this is for educational purposes only.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
BTCUSDTAccording to this analysis, if the price reaches around $70,000 in a corrective structure with a time-consuming and low momentum in the form of wave F, it may grow to around $120,000 and even higher in the form of wave G.
But it seems that the ideal buying point is around $60,000 and the origin of the breakout node. In this case, of course, we will have a strong wave F, which means that we must be a little flexible in the possible targets of wave G.
In terms of time, late June, July and early August are the ideal time areas for the end of wave F, and late 2025 and early 2026 are the time areas for the end of the two waves G.
$XAUUSD - A Text-Book Post-Triangle Thrust In Play..OANDA:XAUUSD - A barrier triangle wave ((iv)) likely done at 3012. The post-triangle thrust will see price above the previous high.
S (The Ex FTM) Has Formed a Bull Pattern and in Wave 3In short time frame the S, AKA "Ex FTM" has formed a Cup&Handle pattern. The breakout has already copleted. If it can stay above the invalidation level, S can reach the level 0.62 easily.
For a better perspective for long term, S also completed it's Bearish A-B-C waves and seems bullish again.
Good Luck.
XAGUSD Silver outlookThis is my current view on XAGUSD. I have a trade running which has a lose target starting around $36, but will be subject to change as the price action develops. I'm in silver for the chance that we see much higher prices than that!!. Trading spot is a small part of my exposure to the silver sector.
Is Bitcoin slowly forming a top? What to expect from the market About a week ago, I posted that the recent uptick in BTC (and the broader crypto market) was as a result of Bears taking profits and that the market will dip lower once this correction runs its duration. Well, so far, my prediction is still on track and we can expect prices to climb higher over the next few days (maybe even a week from when this is published).
I believe that that mini rally (black path) within the larger uptrend (green path) has enough juice for one more leg before it pulls back. Once that happens, price might stall around that area and then push higher, setting the stage for the final leg of the larger upswing.
I personally don't like trading matket correction unless they're on the weekly or monthly chart. However, I will keep monitoring price until my prediction plays out.
What are your predictions for Bitcoin's short term price? Let me know in the comments section below.
Make sure you follow me to get future updates as they unfold.
BTC TO $91,000!!Hello! Today we're going to analyze Bitcoin's price action. It's currently rebounding. The movement doesn't seem to have much strength. However, let's not forget that on a weekly chart, Bitcoin is at the end of wave 4 of Elliott's theory.
We have a very clear scenario: a rebound to $91,000, which is an area with a lot of shorts and liquidity. If buying pressure is greater, it's logical that Bitcoin could break out strongly to the upside, because price action always seeks out areas of less pressure, that is, it will always seek liquidity.
On 4-hour charts, we can see a lot of volatility, however, any purchases below $84,000-$87,000 can be considered conservative because it is a good buying zone. After all, you are buying at the end of wave 4 on a weekly chart, therefore, liquidations below $84,000 are not ruled out, but the short and medium-term trend is bullish.
Disclaimer: This is only an opinion; it should not be used as investment advice or recommendation.
$TSLA - Lower against 290NASDAQ:TSLA has completed an ideal double zigzag rally from the lows. Breaking below 271.28 will open the path for a larger down move; however, lower lows will be confirmed upon a breach of the 233 handle.
$XAUUSD - A Corrective Pullback Will Keep The Pressure HigherOANDA:XAUUSD - Price is setting up for a lower-degree fourth-wave pullback towards the 38.2% Fib. retracement of wave ((iii)). Once that is achieved, the uptrend will resume.
Russell 2000 Elliott Wave Analysis (WXYXZ in progress)Possible wave (ii) complex correction in the form of a WXYXZ still in progress.
Expecting corrective rally to fail around the 2200 resistance zone.
A final wave down from there should find a bottom around the 1900 support zone where wave (ii) should end.
Expecting wave (iii) to commence from there...
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*would appreciate feedbacks and thoughts on this*
**this is not a trade recommendation, just an idea that I am working with**
Elliott Wave Pattern Suggests Higher EURUSD and Lower US YieldsSome nice retracement on 10-year US notes in the last three weeks looks corrective because of a clear three-wave drop with a triangle in wave (B). This suggests US yields could be trading at resistance, and if we consider the somewhat dovish stance from Powell and the FOMC last week, the market might be positioned for a lower USD. In this scenario, EURUSD could perform well—likely better than some commodity currencies, which remain trapped in sideways ranges due to weaker stock markets recently.
GH
