Wave Analysis
ETHEREUM Massive Move Ahead!!!Currently #ETHEREUM Is facing a resistance of It's triangle and FVG.
If #eth successful breakout above triangle and FVG and holds above it, We can see #ETH making bull move towards over 5k.
According to micro elliott wave count and triangle targets, micro count III and triangle both targets above 5k.
How far will RUNE drop? (3D)As you have seen and know, the RUNE token is currently in freefall and has experienced a sharp drop compared to other altcoins.
Upon analyzing the chart, we identified a fresh weekly order block. Considering the strength of the momentum, the freshness of this order block, and the fact that it belongs to a higher time frame, it is expected that this order block could halt the drop and push the price back toward higher levels.
However, if this order block is breached without any reaction and a daily candle closes below the invalidation level, it might indicate that negative fundamental factors are at play for this token, potentially unknown to the public, raising concerns about a scenario similar to the Luna incident.
For now, though, such a situation seems unlikely. The price appears to be in an ABC correction, currently within wave C of this correction.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
EURUSD rising map#EURUSD has a nice rising pattern in 4 reasons :
1) there is a W harmonic pattern which its fibo 127% level touches the lowest
2) we hada sharp rising spike in past if you set a retracement fibo on in the lowest touches the 62% level
(we have an overlap of fibo retracement and extension on lowest)
3) there is a 5 wave descending wedge that makes the market rise
4) the market hit a perfect demand in the lowest price
Its Time For Ethereum 📈 Ethereum Made a ABC Corrective Move After Rejected From 4100$ Top And Currently The Price Bounced From a 1.272% PRZ And Playing Below The Bull Flag Trend Line, My Expectation Is The ETH Price Is About To Breakout From a Trend Line Toward a 3850$ As a First Target And Then Breakout From a 4100$ Top Toward a 4840$ As a Main Station
EURAUD - Long Term Sell (TP : 1.64075)Hello,
EURAUD is good time to bearish because it could not recover the Bull.
So far, it is range market in H4 for long time.
Weekly and Monthly showed me they are going to bearish trend.
I am trading the entry level soon. I do not trade yet because it is showed strong retracement by news.
I am waiting for more multiple 4 hours candles and trade with small risk.
Good luck.
SL : 1.668
Sell Entry Level : 1.66766 - 1.65913
TP : 1.64075
Good Luck - Do not trade big lot to prevent Margin Call. Big lot with small margin, the trend will be reversal temporarily until stopped-out your account by Margin call and big drop.
Nifty outlook for coming days...Nifty has been in correction mode since 27th Sep 2024. The correction did complete 61.8% as shown in fib level.
For any correction 61.8% is very important level if it breaks then only we will see more correction going forward. Nifty has been around the level for couple of days and holding it.
We can also see the correction channel and the triangular formation of last wave of wave c.
Nifty will be looking forward to change the trend anytime sooner and the confirmation of this will start once it breaks above support zone.
Initial target will be the high of wave B.
Stay safe and trade safe.
Note: View shared for educational purpose only.
NZD-USD Bullish Breakout! Buy!
Hello,Traders!
NZD-USD was trading
Beneath the falling resistance
Line but now we are seeing a
Bullish breakout so we are
Now locally bullish biased
And we will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Pepe - Analysis Range vs True Range (True Range Elliot Wave)So difficult to annotate. Takes some understanding of using the Fib retracement tool and parallel channel but happy to answer any questions.
I still think we havent played out Wave 3. Seems there's a range and within the range profits to be taken. So pose the question, why not take advantage of that.
Channel is the range,, however I do think that we will break below the channel at some point. Some may call it fake out.
My attempt to reason with Fibs. 0.618 and 1.0 is awesome. Play play play.. and never give up .. so much fun
2 IDEAS. BULLISH AND BEARISH.BASIS JANUARY (M) CANDLE CLOSE.Bearish Scenario in Red lines.
If BTCUSD January month candle closes below 99k. A bearish momentum is possible.To 49k Unless Feb month candle briefly goes below 99k( Institutional bulk buying will create a jump up to above 105k). Then the bullish move will be restored.
Bullish scenario in Green lines
If January Monthly candle closes at above 103k. or anywhere above 100k, We will be looking at a bullish rally to 155k -take profit. Then a retracement will happen.
king's ideas.
GOLD(H1) LOOK LIKES BULISH GOOD AREA TO BUY 2756GOLD(H1) LOOK LIKES BULISH GOOD AREA TO BUY 2756
Hello traders hers is good opportunity to buy Gold and will be easily to up to our given target don't forget to use SL and TP good luck it was not finical advice just for education
purpose thank plz read carefully and apply.
key areas
CURRECT PRICE $2756
TARGET 1 $2770
TARGET 2 $2780
DEMAND ZONE $2740
for more update and ideas keep follow and like comment and share thanks
Elliott Wave View on DAX Nesting Higher in Impulsive StructureShort Term Elliott Wave View in DAX shows that the Index breaks to new all-time high confirming the right side remains bullish. The rally from 11.19.2024 low looks to be nesting in an impulsive structure. Up from 11.19.2024 low, wave 1 ended at 20522.82 and pullback in wave 2 ended at 19649.87. The Index resumed higher from there in wave 3 in a nest.
Up from wave 2, wave i ended at 20024.79 and wave ii pullback ended at 19833.82. The Index resumed higher in wave iii which ended at 20391.17. Pullback in wave iv ended at 20255.85. The final leg wave v ended at 20480.49 which also completed wave (i) in higher degree. Index then pullback in wave (ii) which ended at 20025.28. Index has resumed higher again. Up from wave (ii), wave i ended at 20362.59 and pullback in wave ii ended at 20234.26. Wave iii higher ended at 21330.87 and pullback in wave iv ended at 21212.25. Expect wave v to end soon and this should complete wave (iii) in higher degree. Afterwards, pullback in wave (iv) should find support in 3, 7, or 11 swing for further upside.