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Wave Analysis

2025-03-31 - priceactiontds - daily update - dax Good Evening and I hope you are well. comment: Not much to add on top of the tl;dr. Bear trend line is the do or die moment for bears tomorrow. Has to stay below 22600 or we go higher again. Very important day tomorrow, which will set the impulse for the next weeks. News could somewhat help the bears, since the global trade war is raging. current market cycle: trading range key levels: 22000 - 23700 bull case: Bulls want to break above the bear trend line around 22550. The reversal today was strong enough at prior support that this could get a second leg up, depending if we get a pull-back down and how deep it will be. Bulls are not favored at the bear trend line, so buying 22500 is bad for now. Invalidation is below 22400. bear case: Bears better hold that bear channel or we go to 23k again. The selling was amazing but then bears tried to stop the bulls but failed multiple times. Bulls just overwhelmed the bears and above 22400 they mostly gave up. Bears have hope now. We are still low enough that this buying can be seen as a retest of the breakout but for that market has to keep the bear gap up to 22700 open. Right at the bear trend line, bears are somewhat favored but since the channel up was so tight, most bears will wait for bigger confirmation which they might not get. Invalidation is above 22700. short term: Neutral. Bears need to sell near the bear trend line or we go higher again. I would want big confirmation before I join the bears again, since the buying today was so strong. Above 22600 bulls are favored for 22700 or higher. Below 22400 bears want to retest 22300 and the bull trend line (below is 22000 but I can’t see this going below that, at least for now). 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: Selling the open was reasonable since market kept below the breakout 22600.
EUREX:FDXS1!
by priceactiontds
Long USOIL: Targeting $70.20 Amid Bullish MomentumThe price of USOIL has recently bounced off a key support level, confirming a successful retest of the previous demand zone. The support level aligns with a significant price reaction area, reinforcing its strength. Additionally, the MACD indicator is showing a bullish crossover, signaling a potential upward momentum shift. Volume analysis indicates increased buying activity near the support zone, suggesting strong participation from buyers. Given these technical factors, a long position with a target of 70.2 is supported by confluence from multiple indicators and price action confirmation.
FX:USOILLong
by FtradeFXArabic
Oil at the Edge: Final Wave or One More Drop?🛢 Brent ICEEUR:BRN1! TVC:UKOIL FX:UKOIL has been correcting for nearly two years since its 2022 high — but looking at the current wave structure, we may be approaching the end of this cycle. 📌 Base Scenario We’re likely in a classic ABC correction, with wave B being quite extended. The current wave C looks like a developing ending diagonal, and we may now be inside its final legs. In this case, Brent could dip into the $60–65 range before a potential trend reversal kicks in. 🔄 Alternative Scenario If wave B was shallower than expected, we might be seeing a shorter wave C as well. That would mean Brent could bottom around current levels or slightly lower — with less downside left in play. 💡 Macro Factors That Still Support Oil: Global demand isn’t falling — especially in Asia and emerging markets. OPEC+ remains active, limiting supply and stabilizing price action. Geopolitical tensions and logistical bottlenecks keep risk premiums alive. Monetary easing cycles in the US and EU could soon put commodities back in the spotlight. 🧭 So, What’s the Play? Regardless of the exact path, a major collapse looks unlikely. The final leg down may actually be a buying opportunity for long-term bulls. Targets and potential entry zones are highlighted on the chart — now it’s all about watching how wave C wraps up.
TVC:UKOIL
by shakatrade1_618
2
NZD-CAD Free Signal! Sell! Hello,Traders! NZD-CAD made a bearish Breakout of the key horizontal Level around 0.8182 so we are Bearish biased so lets let the Pair make a pullback and Retest the lower bound of The new resistance level And from there we can go Short with the Take Profit Of 0.8136 and the Stop Loss of 0.8196 Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1
VISA:Respecting the 61.8% Fibonacci Level and Going for New HighWho doesn't know VISA? Almost everyone has or has had a VISA card. VISA stock has an unbeatable bullish outlook, which, like all stocks on the stock market, has retraced its rise. ---> What is its current situation? If we look at the chart, its appearance is CLEARLY BULLISH (Bull), having gone through a retracement phase. The retracement it has made is EXACTLY THE 61.8% Fibonacci, AND IT HAS RESPECTED IT. Since reaching that retracement on March 14, the price has not stopped rising. It is currently BREAKING KEY ZONES to initiate an attack on NEW HIGHS IN VALUE. If it surpasses the 352 zone, it will go directly to the highs, and will most likely break them to explore new prices for the stock. -------------------------------------- Strategy to follow: ENTRY: We will open two long positions if the H4 candle closes above 352. POSITION 1 (TP1): We close the first position in the 366 zone (+4%) (highs zone). --> Stop Loss at 336 (-4.2%). POSITION 2 (TP2): We open a Trailing Stop position. --> Initial trailing stop loss at (-4.2%) (coinciding with the 336 level of position 1). --> We modify the trailing stop loss to (-1%) when the price reaches TP1 (366). ------------------------------------------- SET UP EXPLANATIONS *** How do I know which two long positions to open? Let's take an example: If we want to invest €2,000 in the stock, we divide that amount by 2, and instead of opening one position of €2,000, we'll open two positions of €1,000 each. *** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but it automatically closes the trade if the market price suddenly moves in an unfavorable direction by a specified distance. This specified distance is the trailing Stop Loss. --> Example: If the trailing Stop Loss is at -1%, it means that if the price drops by -1%, the position will be closed. If the price rises, the Stop Loss also rises to maintain that -1% during increases. Therefore, the risk decreases until the position enters a profit. This way, you can take advantage of very strong and stable price trends, maximizing profits.
NYSE:VLong
by jmesado
US30 OUTLOOK DONT CHASE TRADES,WAIT FOR TRADES Market Structure: Downtrend: The overall structure shows lower highs and lower lows, indicating a bearish market. Recent Price Action: Price has recently made a sharp drop and is currently bouncing off a possible support level. Key Levels: Resistance: ~42,400 (previous lower high) Support: ~41,200 (recent low where price bounced) Potential Setups: Bearish Continuation: If price reaches the 42,000–42,400 zone and rejects with strong bearish candlestick patterns, it could indicate another leg down. Bullish Reversal: If price forms a higher low above 41,200 and breaks above 42,000 with strong momentum, a reversal could be in play. Range Play: If price consolidates between 41,200 and 42,000, possible scalping opportunities within the range. Confirmation: Look for candlestick confirmations (e.g., bearish engulfing for a sell, bullish engulfing for a buy). Use volume analysis to confirm breakout strength. Monitor economic news for potential volatility.
CAPITALCOM:US30
by THE_FOREX_BLUEPRINT
GOLD → Growing economic risks increase interest ↑FX:XAUUSD rallied aggressively due to high interest driven by rapidly rising economic risks, mainly related to Trump's tariffs. For selling, the risk is very high, with the stock and cryptocurrency market declines only adding to the interest in the metal Markets are taking refuge in defensive assets amid WSJ reports of Trump's possible tariff hike of up to 20% for most US trading partners. This could trigger inflationary pressures and stagflation, weakening the dollar and bond yields, which supports the gold price. This week all eyes are on Trump's speech on Wednesday, PMI, NonFarm Payrolls and Powell's speech Technically, it is not worth selling now as it is high risk, and for buying we should wait for a correction to key support levels Resistance levels: 3127 Support levels: 3103, 3091, 3085 We are not talking about any trend reversal now. It is worth waiting for a local correction or consolidation, the market will mark important levels, liquidity zones or imbalances against which you can build a trading strategy. Gold will continue to grow because of the strongly increasing risks. Regards R. Linda!
FX:XAUUSDLong
by RLinda
5
USDJPY → Key Level Retest. Attempt to change the trend FX:USDJPY in the correction phase is retesting the previously broken boundary of the downtrend. The market is trying to break the trend on the background of the dollar correction The dollar is having a rather difficult life because of economic and geopolitical nuances regarding the USA, as well as high inflation. Against this background, the index may continue a deeper correction, as the rhetoric of interest rate cuts may be prolonged, which may put pressure on the markets. The currency pair tried to overcome the downtrend resistance earlier and succeeded, but this is not enough for a trend change, it needs confirmation. Support levels: 148.92, 148.21 Resistance levels: 150.16, 150.95 If the bulls hold the defense above 148.92 - 149.5, we have a good chance to catch a trend change. It will be the readiness to go to the resistance of 150.16 range, and the breakout of this level and price fixation above it will be the confirmation of the trend change Regards R. Linda!
Long
by RLinda
1
Gold Wave 5 Bull Complete?! (4H UPDATE)My bias from Friday's video analysis still remains the same. We are OUT OF GOLD SELL'S for the time being. We will only enter swing sell's, once market structure breaches the previous Wave 3 high's at $3,057 & gives us a structure shift to the downside, turning the market bearish. Until then we're out of the market & letting Gold run higher if it chooses to. As soon as Gold CLOSES BELOW $3,057 & gives us a 'selling confirmation', then we can put our 'Invalidation Level' above the previous high.
OANDA:XAUUSDShort
by BA_Investments
BTC Dominnace: The Real Disaster is Here!🚨 BTC Dominance: The Real Disaster is Here! 🚨 Bitcoin Dominance (BTC.D) has officially confirmed its uptrend, breaking through key resistance levels and heading toward the upper zone. The next major stop? **The black zone**—a crucial area that could dictate the fate of the market. 🔥 What This Means for Altcoins 🔥 With BTC dominance on the rise, liquidity is shifting heavily into Bitcoin. Historically, this scenario has spelled **bad news for altcoins**—any hopes for an "Altcoin Season" could be fading fast. If this move continues, many altcoins could suffer heavy losses in BTC pairs. 💡 Key Takeaways for Your Trades 💡 ✅ Be cautious with new altcoin entries—risk is high. ✅ Keep an eye on **Bitcoin's price action**—a strong BTC move can further crush alts. ✅ **Risk management is key**—don’t overexpose yourself to high-risk plays. ✅ If BTC.D continues to climb, expect further dominance over altcoins in the coming weeks. 🚀 Final Thoughts 🚀 We’re at a critical moment—stay vigilant and adjust your strategy accordingly. Pay close attention to your new buy trades, as market conditions could shift rapidly. What’s your game plan? Let’s discuss it in the group! 📢👇
CRYPTOCAP:BTC.DLong
by MoonTradingForecast
1
Newell Brands Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Newell Brands Stock Quote - Double Formation * (EMA Settings)) | Completed Survey * 9.50 USD & Area Of Value | Subdivision 1 - Triple Formation * (Target Entry Or Gap Fill)) | Short Set Up | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Logarithmic Settings - Position On A 1.5RR * Stop Loss At 7.00 USD * Entry At 6.00 USD * Take Profit At 5.00 USD * (Ranging Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
PEPPERSTONE:NWLShort
by TradePolitics