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Wave Analysis

XAUUSD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This chart represents a gold (XAU/USD) price analysis on the 1-hour timeframe using CFDs (Contracts for Difference). The analysis suggests a potential bullish move from a support zone. Key elements in the chart: 1. S Buy Zone (Support Area): The pink-shaded area around 2,840 - 2,856 is identified as a buy zone, meaning it’s an area where buyers are expected to step in. 2. Price Action & Bullish Outlook: The price has reached the buy zone and is showing signs of reversal. The blue arrows suggest a potential bullish movement, with price expected to rise after a bounce from the buy zone. 3. Target Resistance: The blue line at 2,918.396 is a possible target level, indicating where the price might move in the coming sessions. Conclusion: This is a bullish setup, predicting that gold will rebound from the buy zone and move toward the 2,918 resistance level. It suggests a buy opportunity for traders looking for an upside move.
TVC:GOLDLong
by afzalforex110
EURCAD: Wave 4 Nearing Completion, Wave 5 on the HorizonIt looks like we have completed or are close to completing wave 4 for EURCAD. Since wave 2 retraced to the 61.8% Fibonacci level, the fourth wave should be shallower, with a likely completion around the 38.2% Fibonacci retracement level. Additionally, the formation of wave 4 aligns with a price channel connecting the first three waves, reinforcing the overall structure. Once wave 4 is confirmed, I expect further market growth in wave 5, continuing the broader trend.
Long
by The_Traders_Memoirs
TLT Short-Term Short SetupOverview: TLT has likely completed Wave (3) in its Elliott Wave structure and is now entering a corrective Wave (4). The RSI is in overbought territory, suggesting a short-term pullback. Additionally, there are unfilled gaps near $85, which could act as downside targets in the upcoming corrective phase. Technical Signals: Elliott Wave Count: Wave (3) appears completed, setting up for a corrective (4) move. RSI Overbought: The RSI is signaling a possible reversal. Gap Fill Target: Unfilled gaps exist near $85, aligning with key Fibonacci retracement levels. Resistance Zone: Price is approaching resistance between $95 - $96, making it a crucial level for rejection. Support Levels: First support at $90.33 (Fib 0.382), followed by $87.21, and a final gap-fill zone near $85. Wave (4) Correction: A retracement toward the $90-$87 range is expected before the uptrend resumes. This would shake out weak longs while setting up for Wave (5). A Fib 0.382 retracement (around $90.50) could be a key level for Wave (4) to complete. Wave (5) Potential Move: If Wave (4) finds support, TLT could enter Wave (5) to new highs, potentially targeting $98 - $100+ before forming a larger top. However, if the corrective structure extends beyond $85, it may indicate that a deeper ABC correction is in play.
NASDAQ:TLTShort
by Whisperwave
WIF/USD * Daily TF EWP TC FIB AnalysisAnalysis of WIF/USD Chart Using Elliott Wave Theory 1. Elliott Wave Count & Structure: The chart follows a clear Elliott Wave multi zigzag structure. The impulse wave peaked at around $4.86, marking a significant high. The correction followed in a three-wave ABC structure, which seems to have found support at a key Fibonacci level (0.618 - 0.65 retracement). 2. Trend Channel & Key Support Levels: A parallel trend channel is visible, where price has bounced off the lower boundary, indicating strong support. Key support zone around 55¢, which aligns with the lower boundary of the trend channel. 3. Potential Price Targets & Future Projections: The bullish scenario suggests a Wave Y target above $30 (potentially $36). The large green box in the upper right suggests a potential high-reward zone, likely driven by a new impulse wave (Wave Y). 4. RSI Indicator & Momentum Shift: RSI was previously oversold but is now turning upwards, indicating potential momentum recovery. A break above the 50 RSI level would confirm bullish continuation. According to cryptonews.com : The biggest meme coin sensation in 2024! Be careful with meme coins So let you guide by BTC and VIX if you want to invest in this coin.
CRYPTO:WIFUSDLong
by Anakyn
"Bitcoin Filled the CME Gap – What’s Next?🚨 Boom! Bitcoin just did EXACTLY what I predicted. 📌 The CME Gap at $92,695 - $93,790 is now completely filled! 📊 In My previous analysis, I highlighted the possibility of Bitcoin pushing towards this key level due to liquidity engineering. Now that the gap has been filled, the BIG question remains: ⚠️ Was this just a liquidity grab, or is Bitcoin gearing up for a massive breakout? 🔸 Scenario 1 - Bullish Continuation: If BTC holds above $94K, we could see a push towards GETTEX:98K - $102K in the coming days. Whales accumulating above this level could indicate further upside momentum. 🔹 Scenario 2 - Reversal & Liquidity Trap: If BTC fails to hold above this level and starts closing below GETTEX:92K , this could be a classic fake breakout before another drop towards FWB:88K for a deeper retest. 💰 Key Levels to Watch: 🔹 Resistance: $94K | GETTEX:98K | $102K 🔸 Support: GETTEX:92K | FWB:88K | $84K 👀 Next Move: A clear 4H or Daily close above $94K could confirm a continuation higher. A rejection and close below GETTEX:92K might indicate a potential reversal. 📌 This was exactly what I predicted in My last analysis. If you missed it, check it out here: 🔗 Previous Analysis: Bitcoin Another Drop or the Biggest Market Trap? 🔥 This is a CRITICAL moment for Bitcoin. Are we about to see a true breakout, or was this just a perfectly engineered liquidity grab? Drop your thoughts below! 🚀👇 #Bitcoin #BTCUSD #Crypto #MarketManipulation #WhaleGames #Trading #LiquidityTrap #CMEGaps #CryptoBreakout #PriceAction
CME:BTC1!
by SeyedHamid822
1
Bitcoin analysis with astrology and wave analysisSummary: Btc is inside Wave 4. has the opportunity to form an Irregular Correction before continue strengthening to the resistance target. Momentum indicators are pointing downward in neutral area Momentum: The momentum indicator is pointing down in the neutral area, indicating that Bitcoin has the potential to weaken temporarily to form Wave 4 before strengthening to the target resistance area. Pattern: Btc is yet to form an Irregular Correction inside Wave 4. Price: Btc has the potential to meet target resistance at 125,000. Time: Btc has the potential to reverse direction on February 28, 2025, and March 14, 2025.
INDEX:BTCUSDLong
by Rich_From_Home
Lion One Metals doing the zigzag 0.41 target GOLD PRODUCERLion One Metals doing the zigzag 0.41 target GOLD PRODUCER This producers will aim at 500 tonnes per day crushing in 2025 When each tonne deliver 3gr + gold => 1500 gram => 50 ounce worth a day. With each ounce at a 2800+ this money machine is in the top league of gold producers. 50% is their margin and dilution has taken place, hence the low entry From 0.3 -> 0.4 = 25% return in a short amount of time 1-3 months for speculators SPECULATION A PROFITABLE PROFESSION EHMAC
TSXV:LIOLong
by develuse
EQUITY gROUP HOLDINGThe stock has been posting good returns, post covid markets have been working well for this institution. it makes sense that it is expected to make positive returns on March 24th regards its an early indication that the price is try to push past the resistance line but i'm expecting it to hit a wall at the rectangle region so it a slight increase in value if you wanna gamble at this region the positive regression of the banks environment with SME's places it ina position to rise pat its limitation. long term strategy is to hold this stock for long run, atleast to run through the expected earnings through out the year, in relation to Dividends pay out that is seemlingly going to happen around November. recommendation HOLD it for the entire year
NSEKE:EQTYLong
by j_mitch
Analysis of gold trend next week: Gold is in a bearish trend. Have you seen the power of the trend in the past two days? Are you waiting for a rebound or are you buying the bottom? We have been emphasizing in the past two days that gold is currently in a short trend. The weaker the trend of gold, the stronger the short trend of gold. If it rebounds too much, the short trend may end and become volatile again. In the trading strategy analysis of the TradingView community that we gave before, we have been saying that rebounds are opportunities for shorting. Our team gave a trading signal to sell at 2863-2865 today, and then closed the position at 2833-2835, successfully making a profit of 300PIPS. Then, when the gold price began to stabilize and rebound, our team gave a trading signal to buy at 2838-2840, and then closed the order at 2851-2853, and successfully made a profit of 150PIPS again. Technical analysis, the daily line closed with a real big Yin on Thursday, and the previous low of 2863 has been broken, so there is still room for further adjustment below. In the short term, the lower side can be seen around 2835-2813, and the upper limit is 2790, the previous top and bottom conversion position, which is also the support level of the 10-week moving average of the weekly line. The previous weekly line has been strong and unilaterally attacking, and the first test of the 10-week moving average will have relatively large support, and at least there will be a second pull-up momentum; if some daily reversal K appears at that time, our team will choose to try to buy the bottom. The 1-hour moving average of gold continues to cross the short position and diverge downward. Gold continues to hit new lows recently. The short trend of gold is obvious. Any rebound is an opportunity for shorting. Gold can continue to short when it rebounds to 2852/2860.
FOREXCOM:XAUUSDShort
by Caesar_Gorman1