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Wave Analysis

Today was "THEE" tell-Silver's Artificial Price Cap IneffectiveAfter a 2 week rally in the DXY, silver, and even more so, gold price were nearly unaffected. As i suspected last night, mild weakness in the DXY could trigger a massive move in silver - this suggests the artificial suppression of the metal via the futures market is being overwhelmed by worldwide physical purchases, likely leading to a short squeeze if my prediction played out. Follow through on Monday will likely confirm this and is a huge bullish signal. After just a 1/3 of a percent drop in the DXY as it hit its head on the 200DMA, bullion banks could not touch silver, suggesting a failed attempt to suppress price and potential short squeeze underway. I am looking for 40$ silver within the next 3 weeks of a DXY decline, possibly into a left translated DCL Please watch for more details
COMEX:SI1!Long
by Commodity_TA_Plus
Xrp - This Is The Bullish Breakout!Xrp ( BITSTAMP:XRPUSD ) is preparing two major breakouts: Click chart above to see the detailed analysis👆🏻 Xrp has been consolidating for almost 7 years and if a triangle breakout happens, it will certainly be followed by new all time highs. Price action and market structure are both pretty clear, and it seems almost impossible for Xrp to break the current support. Therefore longs! Levels to watch: $0.5, $1.0 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:XRPUSDLong
by basictradingtv
19
EURNZD Structure Analysis Ahead of RBNZ Rate DecisionEURNZD Structure Analysis Ahead of RBNZ Rate Decision In this video, I analyze the price behavior of EURNZD, considering past price developments and potential movements ahead of the Reserve Bank of New Zealand (RBNZ) interest rate decision on Wednesday, October 9. The market anticipates that the RBNZ will cut rates by 50 basis points, from 5.25% to 4.75%. You may watch the video for further details. Thank you and Good Luck!
Long
by KlejdiCuni
9
GBPUSD Bullish Breakout: Key Levels and Price Action Setup Get ready for a deep dive into my bullish bias on GBPUSD! In this video, I break down key levels, price action, and the technical indicators that point towards an upward movement in the GBPUSD pair. Whether you're a beginner or a seasoned trader, this analysis will help you understand the potential opportunities in the current market. Stay tuned for insights on entry points, stop loss placement, and target levels to maximize your gains. Don’t forget to like, subscribe, and hit the bell icon for more trade analysis and forex tips!
Long
by SupaMaxwellforex
20% Interest Rates Could Crash The Market 98%It’s been a while since I last posted, but I’ve got a good reason to start again. If you take a close look at the charts in this video, you'll notice the potential for a significant market decline across the board. By analyzing the Dow Jones and interest rates together, it becomes evident that we are nearing this point. I'm not influenced by news or personal biases—I just prefer not to invest when the market is in this state. Whether it’s stocks, precious metals, or crypto, I believe it’s wise to be cautious when these signals appear. The long-term interest rate chart gives me strong reasons to believe we could see a historic drop in asset prices. Basic concepts like mean reversion and resistance turning into support are some of the key factors that back my AriasWave analysis. Stay tuned for more updates now that I’m back to sharing new ideas.
TVC:TNX
by AriasWave
2
Bitcoin to $69K? Corrections, Pitchforks, and Fibs—Oh My!Bitcoin is making its way toward that $69K target, but it’s not going to be a straight shot—expect a few corrections along the way. Using pitchforks and Fibonacci levels, we’ll map out where BTC might stall or pull back before reaching the goal. If this breakdown was helpful (or at least mildly entertaining), give it a like, share your thoughts in the comments, and hit follow for more updates. Your support keeps the analysis flowing—because let’s be honest, predicting Bitcoin’s next move without these tools is like trying to guess when your next Amazon package will actually show up Happy Trading Mindbloome Trader
BITSTAMP:BTCUSDLong
by Mindbloome-Trading
Tesla at a Crossroads: Will It Bounce to $275 or Slide to $202?Tesla’s at a make-or-break moment—are we looking at a nice correction back up to $275, or is it about to drop through the floor to $213, $208, and maybe even $202? If that $208 level doesn’t hold, we’ve got a strong 50% Fibonacci support around $203-$202—but whether it’ll catch Tesla or not is anyone’s guess. Let’s dive into the key levels to watch and figure out if Tesla’s going to rebound or if we’re in for a deeper slide. If you found this useful, give it a like, share your thoughts in the comments, and hit follow for more updates. Your support means a lot—after all, I need something to hold me up when Tesla can’t hold $208! Mindbloome Trader
NASDAQ:TSLA
by Mindbloome-Trading
Will NVDA Bounce or Breakdown? Key Levels to Watch at $129 and BGood evening Trading Family NVDA is at a critical point right now—will it bounce back from $129, or are we headed down to $126 (or lower)? Let’s dive into the key levels I’m watching and break down what might happen next. If the market holds up, we could see a solid bounce, but if not... well, buckle up for a bigger drop. No fluff—just some good ol' technical analysis with a dash of Fibonacci and candlestick magic. If you found this helpful (or just mildly entertaining), give it a like, drop a comment with your thoughts, and hit follow for more updates. Your engagement helps me keep the content coming—and who knows, it might even help NVDA bounce back too! MB Trader Trade what you see not what you assume
NASDAQ:NVDA
by Mindbloome-Trading
Nvidia - Consolidation Before -50% Drop!Nvidia ( NASDAQ:NVDA ) is preparing for the correction: Click chart above to see the detailed analysis👆🏻 Nvidia is still creating pretty clear market structure and price action and therefore there is no reason to change direction or opinion. Following the previous cycles, a correction of roughly -55% is likely and Nvidia's recent consolidation is a first strong sign of bearish weakness. Levels to watch: $120. $60 Keep your long term vision, Philip (BasicTrading)
Editors' picks
NASDAQ:NVDAShort
by basictradingtv
48
Can You Use Math to Elevate Your Trading Strategy?In the world of trading, understanding market movements is crucial for success. One of the most effective frameworks for interpreting these movements is Wave Theory, a concept that helps traders identify price trends and potential reversals. By incorporating mathematical projections, traders can enhance their analysis and make informed decisions. In this article, we’ll explore the fundamentals of Wave Theory and demonstrate how to project price movements using wave measurements—specifically, measuring Wave 1 to project the size of Wave 3. Understanding Wave Theory Wave Theory, popularized by Ralph Nelson Elliott, posits that financial markets move in repetitive cycles or waves, driven by collective investor psychology. Elliott identified two primary types of waves: Impulse Waves: These are the waves that move in the direction of the prevailing trend, typically comprising five waves (labeled 1, 2, 3, 4, and 5). Corrective Waves: These waves move against the prevailing trend and consist of three waves (labeled A, B, and C). In a typical bullish market, you will observe a series of impulse waves followed by corrective waves. Understanding these waves allows traders to identify potential entry and exit points based on price patterns. The Mathematics Behind Wave Projections One of the key aspects of Wave Theory is using mathematical relationships to predict future price movements. A common approach is to measure the length of Wave 1 and use that measurement to project the size of Wave 3. Research indicates that Wave 3 often ranges between 1.0 to 1.68 times the length of Wave 1. Steps to Project Wave 3: Identify Wave 1: Begin by determining the starting point of Wave 1 and measuring its length. This can be done by noting the price levels at the start and end of Wave 1. Calculate the Length of Wave 1: Length of Wave 1 = End Price of Wave 1 - Start Price of Wave 1. Project Wave 3: To project Wave 3, multiply the length of Wave 1 by the desired factor (1.0 to 1.68). Projected Length of Wave 3 = Length of Wave 1 × (1.0 to 1.68). Determine the Target Price: Add the projected length of Wave 3 to the endpoint of Wave 2 to determine the target price for Wave 3. Target Price = End Price of Wave 2 + Projected Length of Wave 3. Example: Applying Wave Theory in a Trading Scenario Let’s say we’re analyzing a stock and identify Wave 1 as follows: Start of Wave 1: $50 End of Wave 1: $70 Step 1: Measure Wave 1: Length of Wave 1 = $70 - $50 = $20 Step 2: Project Wave 3: Using the range of 1.0 to 1.68: Minimum Projection = $20 × 1.0 = $20 Maximum Projection = $20 × 1.68 = $33.60 Step 3: Determine the Target Price: Assuming Wave 2 has an endpoint of $80: Minimum Target Price = $80 + $20 = $100 Maximum Target Price = $80 + $33.60 = $113.60 Thus, based on Wave Theory, we would anticipate that Wave 3 could reach between $100 and $113.60. Wave Theory, combined with mathematical projections, provides traders with a structured approach to understanding market dynamics and predicting future price movements. By accurately measuring Wave 1 and projecting Wave 3, traders can make informed decisions based on calculated price targets, improving their chances of success in the financial markets. As you incorporate Wave Theory into your trading strategy, remember that no system is foolproof. Always combine technical analysis with sound risk management practices to protect your capital. With patience, discipline, and a strong mathematical foundation, you can leverage Wave Theory to enhance your trading prowess and navigate the markets with greater confidence. How can you see yourself incorporating mathematical projections like Wave Theory into your trading strategy, and what has been your experience with predicting market movements using these techniques? Let me know in the comments. Happy trading!
Education
by TLTurnerTV
WBA Sing Trade UnderwayWBA seems to have completed the breakout of the Inverse HS bottoming and trend reversal pattern I discussed last week. If entry point was at close yesterday, gains are 6+% Take profits as you feel comfortable. Ultimate target upon completion of pattern yields a price target of approx. 10.50. If trend reversal is a long term chance of character move, reaching the 200DMA for a gain of 50-85% is not out of the question. Taking half positions off the table is not a bad idea. Please watch for details
NASDAQ:WBALong
by Commodity_TA_Plus
1