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Wave Analysis

PROM/USDTKey Level Zone: 5.400 - 5.440 HMT v5 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy
Long
by Ren_MomentumTrader
1
Gold (XAUUSD): Bearish or Bullish? Gold Faces a CrossroadsIf you followed the levels we laid out in November, you’ve likely seen solid gains as TVC:XAU has risen nearly 6% since then. Gold has now reached our targeted area for wave B, sitting comfortably at the 88.2% Fibonacci level ($2,755) and reclaiming the trendline at $2,720 with ease. From our perspective, a downturn in the near future would make more sense, leading to a drop to at least $2,420 per ounce—an area we highlighted in our last analysis. The macro backdrop adds complexity. On his first day in office, the 47th U.S. President signed over 200 executive orders, sending shockwaves through the markets. Among these actions, President Trump suggested a 10% tariff on Chinese imports starting February 1, alongside potential tariffs on European imports. These moves could strengthen the US dollar, which would typically dampen gold’s appeal as a hedge against inflation while boosting its attractiveness in other scenarios. If gold continues higher, our count allows for a maximum target of $2,886. Should it exceed this level, we would need to re-evaluate our outlook. For now, we maintain a bearish near-term perspective while monitoring key levels closely. Key Levels: Support Levels: $2,720, $2,528 & $2,328 Fibonacci Levels: $2,859–$2,887
CAPITALCOM:GOLDLong
by freeguy_by_wmc
1
Ripple (XRP) - ATH Break-Out - 5th WaveMARKETSCOM:RIPPLE ( CRYPTOCAP:XRP ) spiked in Q4 of '24, as per my predictions and tracking. I managed to ride the #Bullish #Wave, but only half way. Even though knew it was gonna' create a new #ATH, I got paper hands and cashed in at the 1.5 USD Mark. That's because I was expecting back then a bigger #Correction, which was short-lived. I was left holding the bag... anyway I'm OK with it, CRYPTOCAP:BTC & CRYPTOCAP:SOL did well. BITSTAMP:XRPUSD at #ATH, What's Next? A last push in the 5th of 5th Wave, to finalize the #Impulse. This is because MARKETSCOM:BITCOIN is also #Bullish. BINANCE:XRPUSDT - #TechnicalAnalysis - #ElliottWave #Impulse in Intermediate (C) (white) - 5th Wave Completion - #ATH #Break-Out - Nov '17 / Jan '18 Fractal My MARKETSCOM:RIPPLE #Long Levels - Entry @ 3 USD - SL @ 2.3 USD - TP @ 5 USD (it can go higher) What About After This? Honestly, I am not keen on CRYPTOCAP:XRP that much, even though the Media Sentiment is off the hook. Why? Because it simply does not have a #Bullish / #Impulsive Structure. It's full of #Corrective features, which makes it a Larger Degree B Wave. Conclusion: A considerable #Retracement right after, similar to the one in '18. This could be because Bitcoin Dominance ( CRYPTOCAP:BTC.D ) would correct, while #Altcoins Market Cap ( CRYPTOCAP:TOTAL3 ) will also spike above its #ATH.
BITFINEX:XRPUSDLong
by EW4X
GBPAUD POSSIBLE BUY?The market is currently testing the current Weekly 0.6 Fib area. Based on Daily and 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal. We could see BUYERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Long
by WiLLProsperForex
Light Crude Oil Futures (CL1!): Setting New LimitsWe’ve been patiently waiting for an entry at $58, but the market hasn’t reached our level. After reassessing the chart, we believe it’s now more profitable to play CL1! as a long following what appears to have been a fake breakout. Recent developments, including Trump’s declaration of a national energy emergency to “unlock the liquid gold under our feet” and prioritize U.S. oil and gas development, could bolster bullish sentiment in the energy sector. If our wave count is correct, we are currently in intra wave 2 of wave ((iii)). If this setup holds, a target of at least $115 seems achievable. We are placing our limit order and will patiently wait to get filled. Key Levels at the moment: Support Zone: $67.70–$64.40 Resistance Zone: $85–$88
NYMEX:CL1!Long
by freeguy_by_wmc
USD/JPY Short Trade Setup: Wave 4 Triangle CompletionPotential Short Trade Setup for USD/JPY: Elliott Wave 4th Wave Triangle Context: USD/JPY appears to be in a 4th wave triangle within a larger impulse wave sequence. The price is currently charting wave E, the final wave in the triangle formation. A short trade setup arises if resistance holds at key Fibonacci levels and the triangle completes, allowing the 5th wave to begin. Wave E's Potential Resistance Zone: 38.2% Fibonacci retracement of wave 3: Resistance at 156.18. 61.8% Fibonacci relationship of wave E to wave C: Resistance at 156.06. This tight resistance zone suggests it could act as the terminal point of wave E and the triangle as a whole. Wave 4 Characteristics (Triangle Formation): Wave 4 often forms contracting triangles, where the price consolidates with diminishing highs and lows before the trend resumes. Wave E is the final leg in the triangle and should not exceed the apex of wave C or break below wave A. Key Levels to Watch: Resistance Zone: 156.06–156.18 38.2% retracement of Wave 3: 156.18 61.8% relationship of Wave E to Wave C: 156.06 Trade Setup: Entry: Short near 156.06–156.18, where Wave E is expected to terminate. Stop-Loss: Above Wave C apex, around 156.76. Take-Profit: based on a 61.8% Fibonacci projection of Waves 1 + 3. Wave 5 Target Projection: 154.30 - 153.77 Scenarios: Wave 4 Triangle Validates: Wave E terminates in the resistance zone, leading to a bearish Wave 5 move. Invalidation: A break above 156.76 signals a more complex Wave 4 structure or trend reversal. This analysis is for informational and educational purposes only and does not constitute financial or trading advice
Short
by TheSignalService
USDJPY Trade IdeaWith the Federal Reserve already adopting a dovish monetary policy stance and the significant divergence in policies between the Bank of Japan (BOJ) and the Federal Reserve, USD/JPY appears to be an attractive candidate for a short swing trade. 🔍 A few days ago, I opened a position in this direction, and now, despite that position still being active, I’m adding a new one. 💡 Risk Management: The total risk for this project remains strictly controlled and does not exceed 2% of the total capital. What’s your analysis? 🤔👇
Short
by MasoudEskandari
1
DOGE Update (8H)This analysis is an update of the analysis you see in the "Related publications" section Before Dogecoin enters the bearish wave from the previous analysis, it seems likely to experience some fluctuations, which will be addressed in this analysis. Dogecoin, from the point where we placed the red flash on the chart, appears to have entered an ABC correction. It is currently in wave B, which seems to be forming as a diametric pattern. At the moment, Dogecoin is at the beginning of wave G of this diametric, which is the final wave of this pattern. Once wave B is complete, a bearish wave C is expected to form, driving the price toward the yellow zone. Since significant liquidity is being hunted in this area, Dogecoin might also form a higher high from this zone. As the price approaches the yellow zone, we will update the analysis and the target range accordingly. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
EURUSD Roadmap==>>Short-term!!!EURUSD ( FX:EURUSD ) is moving near the Support zone($1.039-$1.033) and inside the Ascending Channel . According to the theory of Elliott waves , it seems that EURUSD has succeeded in completing the main wave 3 above the ascending channel and is currently completing the main wave 4 . I expect EURUSD to attack the Resistance zone($1.052-$1.044) again soon, and the main wave 5 could end in this zone. What do you think? Will EURUSD break the support zone or bounce back to test the resistance zone? Note: If EURUSD can break the Support zone($1.039-$1.033), the lower line of the ascending channel, and 100_SMA(4-hour) , we should expect a further decline of this pair. Note: Donald Trump's speech and the announcement of the Unemployment Claims index can affect the EURUSD trend(Tomorrow). Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
3