Fibonacci
Natural gas Wave Analysis – 11 February 2025
- Natural gas reversed from the support area
- Likely to rise to the resistance level 3.67
Natural gas continues to rise strongly inside the short-term upward impulse wave iii, which started earlier from the support area located between the round support level 3.0000 (which has been steadily reversing the price from November) and the lower daily Bollinger Band.
The upward reversal from this support area created the daily upward gap – which signals the strength of this support area.
Given the clear daily uptrend, Natural gas can be expected to rise to the next resistance level 3.67 (which has been reversing the price from December).
BTC - likely scenario Just some thoughts on BTC: This bull market has seen a lot of choppy side-ways corrections.
I think that we finish one out here, too.
If we survive 92k again here, I think that we can possibly do another fake-out to the upside, perhaps slightly overshoot our current highs or match them.
Then we would yet again go and hit the bull market trendline that has been tested 3x already. The same bull market trendline where the corrections have landed each time for this cycle.
Then we would head toward the BTC top later this year, where we would then have our alt season into the BTC top.
PEPE / USDT - Elliot Wave UpdatePEPE / USDT - Elliot Wave Update
Topic: Hit end of Wave 3 into 4
Left chart Macro Elliot Wave:
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Pepe Elliott Wave 0-1-2-3-4-5 showing that (i believe) we've ended Wave 3 and probably in Wave 4. The 1.27 is an extension of 1 to 2 (debatable if that's correct).
End here is 3 to 4. 3 We've hit (I believe) 4 needs to be fulfilled.
To gauge 4 ending we pull Fib from the Top of Wave 2 down to the lowest low (end of wave 3 - our assumption).
This leaves fibs 0.236, 0.382, 0.5, and 0,618 as target highs to end Wave 4.
It's said that Wave 4 has equality of Wave 0 to 1. Which makes me believe that 0.5 or 0.618 are the target highs.
NOTE: Middle and Right chart coexist -> As in, the Gartley might not come down and therefore the CRAB Harmonic will kick in (what I'm saying is, don't wait for the price to come down to fulfill the gartley BUT also dont expect the price not to come down to fulfill the gartley, AND DON'T EXPECT EITHER TO HAPPEN. Risk management -> nothing certain, only probabilities).
Middle chart (Possible CRAB Harmonic):
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Showing a demonstration (lets call it A) of the inner workings of Wave 4 playing out.
X to A resistance at 0.618 to form B.
Retrace to and between 0.382 to 0.888 to form C
C to D 1.618 which leads to a possible (probable) end of Wave 4 at 0.5.
Right chart (Possible Gartley Harmonic):
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X to A = B 0.618
B to C 0.618 to 0.888
POSSIBLY to D as noted in NOTE above.
OR continuation of CRAB harmonic.
I've put probable buys and sell areas as guidance to my thoughts. Trade safe and if I've forgotten anything I wanted to articulate I'll update.
For me a learning exercise. Things only make sense the more data you have.
Knowledge base:
ChartChampions - None other than Daniel and his Team to learn from!
Book wise atm: JARROD SANDERS - Elliott Wave FIBONACCI HIGH PROBABILITY TRADING
Oh and definitely think that this was an extended Wave 3! I got suckered thinking I knew the levels without waiting and being patient before taking a trade! Patience and risk management for me is half the story! I know my levels but I'm a losing trader because I don't have patience. <3
Eversource Energy Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Eversource Energy Stock Quote
- Double Formation
* A+ Set Up)) At 70.50 USD | Subdivision 1
* 012345 | Wave Feature & Short Set Up Entry
- Triple Formation
* ABC Flat | Wave Configuration | Subdivision 2
* Numbered Retracement | (1) Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
BSP Financial Group Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# BSP Financial Group Ltd Stock Quote
- Double Formation
* Numbered Retracement | 0.618 & 1 | Subdivision 1
* (Uptrend Argument)) | Completed Survey & Entry Bias
- Triple Formation
* 012345 | Wave & Entry Feature | Subdivision 2
* Double Bottom Structure | Long Set Up & Support | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
GOLD → Is $3000 still relevant? News aheadFX:XAUUSD has almost touched 2450 and without reaching the psychological target is smoothly flowing into correction with the purpose of respite and filling liquidity before the news and possible growth.
Gold is testing 2450 after Trump's new tariffs, keeping demand high. Investors are waiting for Powell's speech and U.S. inflation data, which may influence rate cut expectations and further dynamics of gold. Gold remains volatile on one side and bullish on the other side due to trade risks and Fed policy.
Technically, a correction is a logical scenario on the back of a strong market. The price cannot rise all the time, it needs energy, which is accumulated at the expense of sellers.
At the moment the emphasis is on such zones as: 2910, 0.5 fibo and 0.7 fibo.
Resistance levels: 2910, 2929
Support levels: 2898, 2882, 2870
Powell speaks tonight and tomorrow is the inflation data. High volatility is possible, but the general economic situation supports the metal.
Before further growth the price may test 2898, 2882. The target in the form of 2950 - 3000 remains relevant.
Regards R. Linda!
Public trade #12 - #LTC price analysis ( Litecoin )Well, it's been a long time coming, but on January 15, the information began to spread that the SEC “hinted” that CRYPTOCAP:LTC ETFs would be next.
The price of OKX:LTCUSDT reacted to these “rumors” with a fairly good growth
And now let's re-read our idea from 10/16/24 👇
⁉️ If you're lucky, you can still buy #Litecoin at $100
1️⃣ Medium-term goals are $177 and $275
2️⃣ Long-term without changes - $700+
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Public trade #24 - #ADA price analysis ( Cardano )CRYPTOCAP:ADA price was drained quite a bit on 03/02/25, but today it shows one of the best rates of buyback (of course, among the “old” coins with a large market cap)
Let's try to bribe to ourselves with #Cardano
The approximate trade for the investment portfolio is shown on the chart, and also we will take #ADA in copytrading as the price moves, depending on the dynamics.
Do you believe that the price of OKX:ADAUSDT will reach $5.60-6.50 in this 2025 growth cycle?
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Copper Pulls BackAfter a period of gains, copper prices are experiencing a bearish session on Tuesday, marking their first decline after six consecutive positive trading days.
In recent weeks, copper, often referred to as "Dr. Copper" for its predictive ability regarding global economic health, has demonstrated a remarkable bullish trend, reaching its highest level in 8 months. The industrial metal has previously responded positively to a series of strong U.S. economic indicators. Among them, the manufacturing PMI report stood out, recording expansion for the first time in over two years, signaling a potential revival of the U.S. industrial sector. Additionally, the NFP employment report, which revealed a drop in the unemployment rate, further supported optimism regarding the state of the U.S. economy.
More recently, a factor that boosted copper prices was the U.S. government’s decision to exclude the industrial metal from new tariffs imposed on steel and aluminum. As a result, copper prices reacted positively, securing one last positive session before today’s pullback.
Today’s session has witnessed a reversal of this trend. Copper prices (XCUUSD) have declined by nearly 3%, fully erasing the gains accumulated at the beginning of the week. This correction can be attributed to profit-taking following the recent rally and renewed caution in the markets amid persistent global trade tensions.
The future trajectory of copper prices will remain closely tied to international trade policies, particularly the U.S.-China trade dynamic, as China is the world’s largest copper consumer. Although the tariffs imposed so far have been relatively modest, a further escalation in the trade war could negatively impact China’s economic growth and, consequently, global copper demand.
It is important to highlight the correlation between copper prices and the Chilean peso. The recent surge in copper prices to multi-month highs has been a key factor in the Chilean peso’s recovery, which has strengthened by more than 5% against the U.S. dollar in recent weeks. This dynamic underscores copper’s significance for commodity-exporting economies and its sensitivity to fluctuations in the global commodities market.
In summary, while the recent decline calls for caution, it should be interpreted as a fluctuation within a volatile market rather than a structural shift. The economic environment, driven by U.S. industrial recovery and Chinese stimulus measures, is likely to continue supporting copper prices. However, the resolution of global trade tensions will remain the key factor in determining the metal’s future direction.
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FB (META), What is going on?Stocks fall one after another !
We Saw a considerable decline in FB (Meta) Stoc k after earning report after hours of last trading session. What is happening for FB (Meta) in terms of Elliott waves?
FB (META), has likely completed a primary degree ascending cycle started on 4th Sept 2012 at 17.55 USD . This cycle took 9 years to be completed therefore, we can imagine how boring will be the correction phase before completion !
If true , FB (META) has started a correction decline form ATH (384.33) down to Retracement levels with today's pre-market price around 0.382 level.
Although 0.382 retracement is also possible for wave 2s , I give very low possibility to bounce back from this level according to timing and corrective patterns.
Retracement down to 200 , 157 and even 96 USD corresponding to 0.5 , 0.618 Golden Ration and 0.786 Retracement levels is very possible, I tried to show the probability of each possible Retracement with thickness of arrows with the thickest to be the most probable ( As I suppose ) and vice versa.
After completion of this primary degree wave 2 , there will be a huge up going wave which is primary degree wave 3 . This wave 3 will push the price up to at least 700 USD and even higher ( Very good news for long term investors ) depending on at which retracement level this boring correction phase ends. It is too soon to talk about this target we can update our targets in next years !
Please note this is a very long term prediction so, there will be lots of ups and downs and fluctuations in our path. What is happening on FB (META) is more than likely similar to whats happened for ETSY, SHOPIFY, SQ and many others in the market.
As I showed on the chart, this is what I see as the most probable scenario which means there are more optimistic scenarios. Mots probable more optimistic scenario is that FB ( META) is just correcting the wave cycle labeled as wave (5). As far as the stock is trading above 170 USD, this scenario is valid.
Hope this analysis to be helpful and wish you all the best.
#EFIH Egyptian stock#EFIH time frame 1 DAY
Created Gartley Bullish pattern ,
Entry level at 18.65 to 18.45
Stop loss 17.45 ( estimated loss - 7.20% )
First target at 20.66 ( estimated profit 10% )
Second target 22.50 ( estimated profit 21% )
Third target 24 ( with profit 28% )
MACD show positive diversion that is may support our idea
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
#RAYA Egyptian stock - great opportunity - great fundamental.#RAYA time frame 1 DAY
Created Gartley Bullish pattern , also there is positive diversion at RSI ( may that support our idea ) as follow :
Entry level around 2.70
Stop loss 2.55 ( estimated loss -5.50% )
First target at 3.00 ( with profit around 10% )
Second target 3.30 ( with profit around 20% )
Third target 3.50 ( with profit 28% )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
GBPNZD has correction wave 2 started yet?GBPNZD is lagging behind EURNZD It has just finished wave 5 of lower degree and now it is pushing up for a corrective wave 2. For the current price action am expecting a pullback for wave B before continuation to the upside to finish up wave 2 of higher degree.
Is EURUSD bullish momentum confirmed?On 4hr chart we can see price have made an impulsive wave to the up side followed by a zigzag. Thereafter another impulsive move was made followed by a zigzag of lower degree. This accumulation phase shows a potential for a bigger longer term move to the upside. Find confluence and lower timeframe confirmation to catch up the expected bullish momentum.