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Wave Analysis

$TSLA Time to Fade or..?NASDAQ:TSLA (like NASDAQ:GOOG ) is standing out to me as bullish, yet, corrective Elliot Waves a higher degree series of ABCs appear to be underway. A final wave C appears to be underway which would take price too all time highs in an expanded flat correction pattern. My count could be wrong and the interference could be from the increase it sentiment volatility connected to the US headlines lately and Trump posting on socials. Things may get back to normal after the summer and a clearer pattern may emerge. Price is struggling to get past the weekly pivot point bullishly or the weekly 200EMS bearishly and is trapped within that range. For now long term target is the R2 daily pivot at $693 as the higher probability is continued upside Safe trading
NASDAQ:TSLA
by Maddox_Metrics
GBP/USD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! GBP/USD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.333 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
Bitcoin BTC Trade Plan: Watching for Breakout or Pullback Entry📊 Currently watching BTC (Bitcoin) as price action remains bullish overall, but we're approaching a key decision point 🎯 💹 Price is pushing higher, but with some signs of exhaustion after the recent rally ⚠️ — and with the weekend approaching, we could either see a continuation higher or a healthy pullback I’m keeping an eye on two potential trade scenarios: 1️⃣ A break and clean retest of the recent high, which could offer a continuation long if momentum follows through 🚀 2️⃣ A retracement into equilibrium — a deeper pullback toward fair value 📉 — which could also present a high-probability long setup if confirmed with structure and reaction 📈 Either way, I’m letting the market reveal its hand and waiting for one of these setups to play out before committing 💡 💬 Not financial advice — always assess your own risk and confirm with your own analysis.
Long
by fxtraderanthony
EUR/USD BEST PLACE TO SELL FROM|SHORT Hello, Friends! EUR/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 17H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.160 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
Gold Breakout Retest – Will PRZ Trigger the Next Rally?Gold ( OANDA:XAUUSD ) attacked the Resistance lines and Resistance zone($3,350-$3,326) as I expected in yesterday's idea . Gold seems to have broken the Resistance zone($3,350-$3,326) and Resistance lines and is pulling back to this zone. In terms of Elliott Wave theory , Gold appears to have completed wave 3 and is currently completing wave 4 . I expect Gold to have a chance to rise back to the Resistance zone($3,394-$3,366) after entering the Potential Reversal Zone(PRZ) . Note: Stop Loss (SL) = $3,297=Worst SL Gold Analyze (XAUUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a 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:XAUUSDLong
by pejman_zwin
23
$AAVE Going Through a Major Bullish Trend Shift!CRYPTOCAP:AAVE continues to outperform on pumps and retracements this cycle after being beaten down for many years! Price consolidated below the weekly pivot and found support, only retracing to the .618 Fibs. Wave 3 of iii pf a new Elliot Motif Wave looks well underway with the next price target being the R1 weekly pivot High Volume Node at $448. Long term outlooks is very bullish for AAVE with a terminal target of the R5 weekly pivot £1155 Safe trading
COINBASE:AAVEUSD
by Maddox_Metrics
1
GOLD → Attempt to consolidate above 3350 for growth to 3400FX:XAUUSD , after retesting resistance at 3347, is breaking through the key level, while bulls are trying to hold their ground above support. There is potential for growth to 3400. Gold retreated from its weekly high of $3366 ahead of key US employment data (NFP), which could set a new direction for the movement. But technically, this looks like a correction to consolidate above the level before continuing to rise. After three days of growth, the price faced selling amid a recovery in the dollar and profit-taking. Weak employment data (especially below 100,000) could reinforce expectations of a Fed rate cut as early as July and support gold. Conversely, a strong report will strengthen the dollar and put pressure on the metal. The market is bracing for high volatility Resistance levels: 3363, 3393, 3400 Support levels: 3347, 3336, 3311 The price has entered a new range of 3345-3400. Consolidation is forming above the support level before a possible rise. I do not rule out another retest of 3345-3336 (liquidity zone) before realization and a rally to 3400. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
14
XAUUSD Set for Strong Bullish Wave – Targeting 3,726?Gold (XAUUSD) is showing signs of a bullish recovery after a recent correction between the 3,290–3,340 USD zone. On the daily chart, a clear Elliott Wave formation is unfolding, with the price potentially entering wave 5 aiming for the 0.618 Fibonacci extension at 3,726 USD. Clear Wave Structure: The a-b-c corrective wave appears to have completed in mid-May. The price is now in wave 3 and preparing for a potential extension in wave 5. Candlestick and Buying Momentum: Recent candles show strong buying pressure with four consecutive bullish sessions. The current upward momentum is testing the 3,352 resistance – a breakout could open the path to 3,450 and eventually 3,726 USD. Support & Resistance Levels: Immediate support: 3,320 – 3,330 USD Key resistance: 3,450 USD (recent swing high) Extended target: 3,726 USD (Fibonacci 0.618 from wave 2 low to wave 3 peak) Suggested Trading Strategy: Favor buy on dip strategy, waiting for a minor pullback to the 3,330–3,340 area before entering long. Set stop-loss below 3,300, with targets at 3,450 and 3,726 USD respectively. Conclusion: The XAUUSD chart suggests a potential strong bullish wave according to the Elliott Wave framework, with a breakout likely leading to the 3,726 USD zone. Traders should closely monitor price action around the 3,350 level for confirmation of continued upward momentum. What’s your view on this analysis? Drop a comment and let’s discuss your trading strategy together!
OANDA:XAUUSD
by Henrybillion
$ETH Wave 3 of 3 Underway?CRYPTOCAP:ETH is back into the range EQ as alt coins pump on the back of CRYPTOCAP:BTC breakout Price caught a strong bid after testing quadruple support: the major High Volume Node (HVN), daily 200EMA, 0.5 Fibonacci Retracement and daily S1 Pivot. Last week I posted about this area holding to kick off wave 3. There is still work to do to overcome the recent swing high at HVN major resistance but things are certainly looking bullish. The daily pivot point sits at $3150 as the next target. Long term terminal target for wave 3 is still the R4 daily pivot at $7340, I don't expect the terminal wave 5 to extend much beyond this, perhaps a wick above to trap retail at the top with a lot of media hype attached. Analysis is invalidated if we fall below wave (2) swing low $2050. Safe trading
COINBASE:ETHUSD
by Maddox_Metrics
Gold Supported by Trade HopesGold traded around $3,360 per ounce on Thursday, supported by news of a US-Vietnam trade deal and ongoing dollar weakness. The deal, which eases some tariffs on Vietnamese goods, increased hopes for further bilateral agreements. Meanwhile, softer US labor data, ADP figures showed the first payrolls drop in over two years, strengthened the case for Fed easing. Tensions in the Middle East, with Iran halting cooperation with the UN nuclear agency, added a touch of geopolitical risk. Resistance is at $3,395, while support holds at $3,330.
OANDA:XAUUSD
by ChartMage
GBP/USD Slides with Fiscal WorriesGBP/USD edged lower toward 1.3625 in Asian trading, pressured by a sharp selloff in UK government bonds and growing fiscal concerns. Gilts suffered their biggest drop since October 2022 after the government’s decision to cut welfare benefits and mounting doubts over the Chancellor’s political future. Marc Chandler, Chief Market Strategist at Bannockburn Global Forex LLC, noted: “The drop isn’t limited to the British Pound, UK gilts are also under heavy selling. It seems to be a broader crisis of confidence in the Labour government.” Resistance is at 1.3675, while support holds at 1.3570.
by ChartMage
Litecoin is approaching a critical breakout point. LTC has been consolidating within this symmetrical triangle for an extended period, showing decreasing volatility and tighter price action. The structure suggests that a significant move is imminent. 🎯 Target 1: $400 🎯 Target 2: $1,000 If the breakout occurs in the coming weeks, we could see Litecoin reaching the $400 level within the next 2 to 3 months, with potential to hit $1,000 over the next 12 months — especially if bullish momentum picks up across the crypto market. Watch closely — the move could be explosive. Best of luck to everyone! 🚀
BINANCE:LTCUSDLong
by Ronas10
1
JPY Steadies, Trade Optimism Counters Dollar WeaknessThe Japanese yen held near 143.7 against the dollar on Thursday, stabilizing after recent losses, supported by improved trade sentiment and a weaker greenback. Japan reiterated its aim for a fair trade deal with the US, though Trump raised pressure by threatening tariffs up to 35% on Japanese imports over low US rice and car sales. Meanwhile, a finalized US-Vietnam deal added to market optimism. The yen also found support as investors awaited key US jobs data, which could increase the odds of a Fed rate cut. Key levels: Resistance at 145.70; support at 143.55.
by ChartMage
XAUUSD: Market analysis and strategy on July 3Gold technical analysis Daily chart resistance level 3400, support level 3300 4-hour chart resistance level 3382, support level 3327 1-hour chart resistance level 3364, support level 3341 After bottoming out, the lowest point of yesterday's correction, 3327, has become an important support. Today's gold is still a strategy of buying at a low level. This idea can be maintained before the release of NFP employment data. Tomorrow, the US Independence Day will be closed for one day. The NFP data will be released in advance today, and the trading market will be closed in advance. Judging from the current market trend, today it broke through the previous high of 3357. Today's Asian session slightly rose to 3365 and then quickly fell back to 3341. The low point of the Asian session retracement of 3341 is a small support. The second is the low point of 3333 in the US session yesterday. The support point of 3333/41 can be bought when the European session falls back. The possibility of a unilateral rise in the high point of today before the NFP data is small. I expect it to fluctuate and wait patiently for a pullback to buy. Today's NY market risk is relatively high. Please try to avoid trading during news time! Buy: 3341near Buy: 3333near
OANDA:XAUUSDLong
by ActuaryJ
AVAX (Avalanche) Breakout? Here’s My Trade Plan.📊 Market Breakdown: AVAX/USDT (Avalanche) Currently monitoring AVAX/USDT, and both the daily and 4-hour timeframes are showing a clear bullish break in market structure — a key signal that the momentum may be shifting to the upside. That said, I’m not jumping in just yet. I’m only looking for long opportunities if specific criteria are met: ✅ A clean break above a key resistance level ✅ A retest of that level, followed by a failed attempt to move lower If these conditions are confirmed, I’ll be watching for a high-probability entry from that zone. 🎥 In the video, I also walk through how to use several powerful TradingView indicators, including: Volume Profile VWAP These tools help sharpen the edge and support decision-making in live market conditions. If the setup doesn’t materialize as expected, we simply stand aside — discipline is key. 📌 Disclaimer: This is not financial advice, just a breakdown of how I approach this potential opportunity.
Long
by fxtraderanthony
US30 Technical Outlook – 07/03/2025📍 US30 Technical Outlook – 07/03/2025 Another day of consolidation at the highs 💼⏳ Price is holding firmly above both EMAs (20 & 50), showing sustained bullish structure—but struggling to break cleanly above 44,700–44,760 🧱 🧠 Key Observations: Tight consolidation between 44,500 → 44,700 Strong bounce off EMA zones (44,500 area acting as dynamic support) Still no confirmed breakout of the 44,760 top range 📊 Key Price Zones: 🔼 Resistance: 44,708 → 44,762 → 45,000 🔽 Support: 44,500 → 44,250 → 44,000 📈 Trade Setup Ideas: 🔹 Long Setup (Base case): Buy pullbacks to 44,500 or EMA zone (20 & 50 EMA support) Look for a breakout and retest of 44,760 for confirmation Target: 45,000 psychological zone 🔻 Short Setup (Only on breakout failure): Look for rejection wicks or bearish engulfing at 44,760 Scalp back toward 44,500 or lower Only valid if volume drops off or price starts forming LHs/LLs on lower TFs
FX:US30Long
by h4rVey