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Wave Analysis

EURUSD TA: Fibonacci, Bull Flags, and Data-Driven Entry StrategyTechnical Analysis: EURUSD (Euro/US Dollar) 📈 The EURUSD pair is demonstrating strong bullish momentum on the 4-hour timeframe, with price action currently trading at 1.13638, well above the key 50% Fibonacci retracement level drawn from the previous range low to high. 🔍 The chart reveals a series of bull flags forming during the recent uptrend, suggesting continued buying pressure despite the pair trading at premium levels. This pattern typically indicates brief consolidation before further upside movement. 💹 From a Fibonacci perspective, the current price position above the 50% retracement level indicates strength in the Euro against the Dollar. However, this elevated position also creates potential for a healthy pullback to retest support before continuing higher. ⏱️ Today's upcoming US Retail Sales data release represents a significant market catalyst. Interestingly, this high-impact event could trigger a pullback regardless of the outcome: If actual figures come in below forecast: Dollar weakness could prompt profit-taking after the recent rally If actual figures exceed forecast: Dollar strength could naturally push EURUSD lower 🎯 Trade Idea: Monitor for a potential retracement toward the 50% Fibonacci level, followed by a bullish break of market structure on the 30-minute timeframe. This would provide a higher-probability entry point for long positions with a more favorable risk-to-reward ratio. 🔄 The presence of multiple bull flags suggests that any pullback may be temporary, potentially offering an excellent opportunity to enter with the prevailing trend at a better price point. ⚠️ DISCLAIMER: This analysis is provided solely for informational purposes and should not be construed as financial advice.
Long
by fxtraderanthony
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture: Click chart above to see the detailed analysis👆🏻 The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months. Levels to watch: $70.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
16
LTO - Two Potential Longs!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 LTO has been rejecting a massive weekly support and the key $0.02 round number. 🛡️ As long as this level holds, I'm eyeing a potential 5x move towards the upper bound of the falling channel and the $0.10 round number. 🚀 From a macro perspective, a break above $0.10 could trigger a continuation towards $0.30 — unlocking major upside potential! 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
LLong
by TheSignalyst
4
Market Update - This Stock Market Analysis Aligns With Bitcoin..What if I told you that the stock market’s pattern could actually reveal what’s coming next for Bitcoin—would you stick around and watch the entire video? That’s exactly what I’m diving into here. I didn’t force this analysis to fit; somehow, over the past week, it just lined up this way. In this video, I break down exactly why the next market move could be more severe than anything we’ve seen in our lifetime—yet it’s not the end of the world. In fact, if approached correctly, this could be the opportunity of a lifetime. The rebound that follows could be massive. I’ve always had a gut feeling about this, but now the patterns are speaking loud and clear. This is the reason I created AriasWave—and this is exactly where we are right now. This also aligns with my latest Euro analysis linked below in related ideas.
by AriasWave
XAGUSD Silver: Navigating Transition from Rally to Correction.Technical Analysis: XAGUSD (Silver) 📈 Silver (XAGUSD) is displaying bullish momentum following a significant rally. The precious metal has pushed into higher territory, creating an overextended condition on the price chart. 💹 Currently trading at a premium level, Silver appears ripe for a potential retracement. This elevated positioning suggests buyers may be exhausting their momentum, creating favorable conditions for a corrective move. 🔄 From a Wyckoff perspective, we're observing a classic distribution pattern with price action ranging sideways after the strong upward move. This horizontal consolidation often precedes a change in direction, as smart money potentially distributes positions to retail traders at these premium levels. ⚠️ Particularly noteworthy is the potential for a spring formation. If price breaks below the current range only to reverse sharply higher, this false breakdown could trap shorts and fuel further upside momentum. Conversely, a decisive break below market structure could confirm distribution is complete. 🎯 Trade Idea: Monitor the 30-minute timeframe for a clear break of market structure to the downside. Such a breakdown following this sideways ranging behavior would align with Wyckoff distribution principles and could signal the beginning of a more substantial correction. 🔍 Entry on confirmation of the breakdown with targets at key support levels would provide a measured approach to capitalizing on the potential reversal from these premium prices.
PEPPERSTONE:XAGUSD
by fxtraderanthony
2
XAUUSD Gold in Overdrive: Awaiting a Critical Pullback for a BuyDaily Chart Analysis On the daily chart, XAUUSD has surged to new highs, signaling an overextended market as gold rallies far above previous price swings. The price is now trading at a premium, which indicates that much of the bullish momentum may already be priced in. As a result, there is potential for a pullback toward a more attractive entry area. Specifically, a retracement into a discounted zone—ideally below the 50% level of the previous swing—may offer a better long opportunity rather than entering at these extended levels. 📈⚠️ 4-Hour Chart Analysis Examining the 4-hour timeframe reveals more granular price action that aligns with the daily trend. Here, gold displays signs of potential exhaustion with the recent impulsive moves. The market structure hints at the possibility of a short-term setup if the price begins to reverse, aligning with basic Wyckoff theory principles. This suggests that while there might be an interim short play if the reversal is confirmed, the expectation remains that a healthy pullback will eventually pave the way for a new long opportunity once the price finds support. 🔻🤔 Integrating Price Action, Market Structure & Wyckoff Theory Using elements of Wyckoff theory, it's clear that the current rally has pushed the market into an overbought state. • The price action indicates a likely initiation of a distribution phase, where selling pressure might temporarily take over. • A pullback into the discounted zone (particularly under the 50% retracement of the prior range) would be an ideal opportunity to look for a buying setup. • On the flip side, if the shorter-term setup solidifies, a conservative short play could be considered until signs of accumulation emerge. This dual perspective underscores the importance of disciplined risk management and monitoring short-term reversals while keeping an eye on the broader trend. 🔍📉💡 Summary of Key Takeaways XAUUSD is currently overextended with a strong rally to new highs. While the momentum is robust, the premium pricing compared to previous swings suggests caution. A pullback into a discounted zone, specifically below the 50% retracement level, could provide a more enticing entry point for those looking to go long. Concurrently, the 4-hour chart offers potential setups for a short play should price action indicate a reversal. Coupling these observations with Wyckoff theory fundamentals can allow for a balanced, dynamic trading strategy. 🔄 Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a professional before making any trading decisions.
PEPPERSTONE:XAUUSD
by fxtraderanthony
1
USDCHF Imbalance Zone Possible Set Up for Bearish ContinuationBased on the current analysis of USDCHF, there's a compelling bearish setup forming on the 4-hour timeframe. Let's dive into the details! 🔍 Fundamental Analysis 💹 USDCHF is currently under significant bearish pressure at 0.8655 📉. The Swiss Franc has been strengthening against the USD, likely due to its safe-haven status amid current market uncertainties. This fundamental backdrop supports our technical bearish bias! 🇨🇭 Technical Analysis on 4H Chart 📈 The price is trading below both the 20 EMA (0.8677) and 50 EMA (0.8715) 📊, confirming the bearish momentum. This bearish EMA alignment creates a perfect environment for short entries! ⚡ Imbalance Zone Opportunity 🎯 There's a clear imbalance zone between 0.8664 - 0.8674 that hasn't been properly retested yet. This zone represents an area where price moved quickly, leaving behind unfilled orders. If price retraces into this zone, it could act as a magnet for sellers! 💰 The Perfect Setup 🔄 Wait for price to retrace into the imbalance zone (0.8664 - 0.8674) ⬆️ Look for bearish price action confirmation (engulfing candles, rejection wicks) 🕯️ Confirm a bearish structure break after the retracement 📉 Enter short position with stops above the recent swing high (~0.8680) 🚫 Target the equilibrium level (0.8661) as first take-profit 🎯 Extended targets at previous lows or 1:2 risk-reward ratio 💸 Risk Management ⚠️ Keep your stop loss tight above the imbalance zone Consider scaling out at key support levels Total risk should not exceed 1-2% of your trading capital 💵 This setup offers an excellent risk-to-reward opportunity if executed properly! The bearish momentum is strong, with both EMAs confirming the downtrend. The imbalance zone provides a high-probability entry point for shorts! 🔥
Short
by fxtraderanthony
2