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Wave Analysis

Which of the Multiple Patterns Will Play Out?Hey friends, I’m back with another great coin analysis. Today we’re looking at #FORMUSDT.P. On this coin, we have multiple formations, including the BULLISH WOLF WAVE FORMATION, a potential breakdown of a falling wedge, and perhaps a flag formation as well. If we take the Wolf Wave formation as our main guide, our first target would be the $2.40 level, which corresponds to the 4th movement in the pattern. The second target, depending on the time frame, would be around the blue line, which is approximately $2.63. If the flag formation plays out, we could potentially see a price range between $2.80 and $3.10. Let’s watch and see how it goes. My long position is active with some leverage. Let’s fish and see what happens! 🎯 Manage your risk, stay in the game! 🎯🔥 #AlyAnaliz #TradeSmart #CryptoVision #FORMUSDT #Binanciega
BINANCE:FORMUSDT.PLong
by Binanciega
1
Gold --> Consolidation before the news. Increase trendOANDA:XAUUSD entering a strong growth phase after a false breakout from support as part of the correction process. The previous high at 3127 is now acting as a robust support for buyers. Strong news is about to be released... Fundamentally, the market is shifting towards defensive assets amid speculation from the WSJ that Trump is considering imposing global tariffs of up to 20% on most of the United States' trading partners while rejecting plans to scale back tariffs. This could create inflationary pressure and stagnation, weakening the dollar and bond yields, thus supporting gold prices. Central banks and investors continue to build positions in gold, but there may be some adjustments before the announcement of tariffs and the release of U.S. economic data. Theoretically, any reaction to U.S. data is likely to be short-lived, as the main event risk on the so-called 'Liberation Day' is Trump's major tariff revelation. The strong resistance level is at 3135. A breakout and consolidation above this level would foster continued growth. However, given the upcoming news, gold may test the area of interest and liquidity between 3025-3020 before further advancing.
FX:XAUUSDLong
by AdrianBennett
Nightly $SPY / $SPX Scenarios for April 3, 2025🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸📈 President Trump's 'Liberation Day' Tariffs Implemented: On April 2, President Donald Trump announced a series of new tariffs, referred to as "Liberation Day" tariffs, aiming to address trade imbalances. These include a baseline 10% tariff on all imports, with higher rates for specific countries: 34% on Chinese goods, 20% on European Union products, and 25% on all foreign-made automobiles. The administration asserts these measures will revitalize domestic industries, though critics warn of potential price increases for consumers and possible retaliatory actions from affected nations. 📊 Key Data Releases 📊 📅 Thursday, April 3: 📉 Initial Jobless Claims (8:30 AM ET): Forecast: 225,000​ Previous: 224,000​ Measures the number of individuals filing for unemployment benefits for the first time during the past week, providing insight into the labor market's health.​ 📈 Trade Balance (8:30 AM ET): Forecast: -$76.0 billion​ Previous: -$131.4 billion​ Indicates the difference in value between imported and exported goods and services, reflecting the nation's trade activity.​ 🏢 ISM Services PMI (10:00 AM ET): Forecast: 53.0​ Previous: 53.5​ Assesses the performance of the services sector; a reading above 50 suggests expansion.​ ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
$RIOT / 3hEventually All Waves Settle!! #RiotPlatforms has worked well, rising by 17% in three consecutive days this week. According to the prior analysis in the same frame, NASDAQ:RIOT could have concluded the entire correction in its Minor degree wave 2 by an ending expanding diagonal in wave (c) of ((y)) on the Fib 1.618 expansion level (very close to the anticipated target at 6.87). And technically, continuing to advance towards the origin point of the diagonal wave((c)) at 11.92, that would trace out a five-wave sequence in an impulse as well will highly confirm turning the trend to the upward. Technical Initial Target >> 11.92 #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
NASDAQ:RIOT
by ElliottChart
2025-04-02 - priceactiontds - daily update - daxGood Evening and I hope you are well. comment: This is the event bears have prayed for, full blown trade war and this market is not positioned for any downside risk. Let’s see where we close this week. Below 21500 would be amazing but let’s close below 22000 first. current market cycle: trading range key levels: 21800 - 23000 bull case: Tbh, best bulls can hope for, is to stay above 22000. I can’t see this going above 22800 for the near future. If bulls do it, I am clearly wrong. Invalidation is below 21900. bear case: Bears got the event gift and now it’s about how fast do they want to get out of this. I expect the worst but stops for now are 22800. First target is a strong move below 22300, then bears need to break 22000 and print a lower low. If they do that, we most likely freefall to 22000. If things become real bad, we hit the big bull trend line from August tomorrow, likely around 21800. Invalidation is above 22800. short term: LFG. Trade small with wide stops. medium-long term from 2024-03-16: Germany takes on huge amount of new debt. Dax is rallying hard and broke above multi-year bull trends. This buying is as real as it gets, as unlikely as it is. Market is as expensive as it was during the .com bubble but here we are and marking is pointing up. Clear bull channel and until it’s broken, I can not pound my chest and scream for lower prices. Price is truth. Is the selling around 23000 strong enough that we could form a top? Yes. We have wild 1000 point swings in both directions. Look at the weekly chart. Last time we had this volatility was 2024-07 and volume then was still much lower. We are seeing a shift from US equities to European ones and until market closes consecutive daily bars below 22000, we can’t expecting anything but sideways to up movement. current swing trade: None trade of the day: Big up, big down. Triangle on the 4h chart and both sides made decent money today.
EUREX:FDXS1!Short
by priceactiontds
gbpusd📊 GBP/USD Analysis – Bullish Outlook with a Short-Term Correction The GBP/USD pair is in an uptrend and approaching a key resistance zone. A short-term correction is expected before the price resumes its upward movement from the 1.29578 support level. 📈 🔹 Resistance Zone: The red area where sellers may step in. 🔹 Key Support Level: 1.29578, which could serve as a potential buy entry. 🔹 Indicators: ✅ MACD shows weakening bullish momentum. ✅ Stochastic is in the overbought zone, signaling a possible correction. 📌 If the price breaks above this resistance zone, a stronger bullish move could follow! What’s your take? 💬🔥 #GBPUSD #ForexAnalysis #PriceAction #Forex
by rezaabdollahjahani
EUR/USD Coils Below Resistance at 1.0940The euro is attempting to build bullish momentum against the U.S. dollar, but the pair remains capped by key resistance at 1.0940. Today’s bounce to 1.0852 (+0.55%) keeps the pair above both the 200-day (1.0732) and 50-day (1.0603) SMAs, suggesting the broader structure has turned constructive. 🔹 MACD is flat, showing waning upside momentum. 🔹 RSI is trending upward, now at 60.13, approaching overbought territory. 🔹 Price is consolidating in a shallow bullish flag pattern above the 200-day average. A break above 1.0940 would confirm bullish continuation, potentially targeting 1.1050–1.1100. On the flip side, failure to clear resistance could prompt a pullback toward 1.0750 or the 50-day SMA. This consolidation is getting tighter – a breakout looks imminent. -MW
by FOREXcom
Tariff storm is comingGold is just like waiting for Trump's tariff announcement today, and the fluctuations are not big. As of now, gold is fluctuating around 3121, waiting for the tariff announcement data to guide the direction. The recent trend of gold has been bullish, and the retracement is to give opportunities to go long. Since breaking through the 3100 line this week, we have also been long at the 3100-3105 line many times, covering positions, and all of them have perfectly reached the profit target. Gold has also bottomed out twice. As I often emphasize to everyone, the technical adjustment of gold is not a reversal of the market. The trend is still bullish. If your current gold operation is not ideal, I hope to make your investment less detours. Welcome to communicate! From the 4-hour analysis, the short-term support below is around 3110-3116, and the focus is on the 3100-3105 line. The daily level stabilizes above this position and continues to maintain the low-multiple rhythm of the trend. The idea of ​​​​retracement to go long remains unchanged. Go long and hold the long space with the trend, and try not to go against the trend. I will remind you of the specific operation strategy during the session, and pay attention to it in time. Gold operation strategy: (Under the stimulus of tariff news, the operation strategy is subject to the interpretation of the news) 1. Buy gold when it falls back to 3110-3116, and continue to buy when it falls back to 3100-3105. The target is 3130-3135. Continue to hold if it breaks through;
OANDA:XAUUSDLong
by HarveyAckerman
Copper continues to 6$Things only the Wizard will show you... But what does it mean? Right now, we’ve got two possible targets on the board—and here’s the key: the market has full legitimacy to go for either. Both the bullish and bearish scenarios are in play, but in the grand scheme of things, it really doesn’t matter. Look left—Copper was riding an overarching green structure, hitting its target through multiple corrections. That gave us four clean trade entries during wave C alone. A similar setup is unfolding here. While the green structure is now complete, there’s still an even larger bullish structure in gray, and guess what? Its resistance line hasn’t even been touched yet. So for the long-term investors: rest easy—Copper is headed for $6, sooner or later. And on the way? There’ll be plenty of high-probability leverage plays for those who stay sharp. Will it be purple or orange? Doesn’t matter yet. I’ll observe. I’ll adapt. I’ll strike. Stay focused. Don’t let big money fool you.
CAPITALCOM:COPPERLong
by xSamu_TA
Just broke through a high liquidity zone!!It just broke through a high liquidity zone!! The marked line is the arrival point. We still have plenty of profit-making possibilities left, so be patient. Wait for a good pullback with the corresponding manipulation to find a good re-entry!! If the market goes without us, it's better to take a loss where we don't know what we're doing. Note: (A fairly crowded zone is always a liquidity zone.) Keep it simple! If you liked it, don't forget to follow me!
Long
by DAISTRUM