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Wave Analysis

CAD/CHF Trade, NATGAS Short, A/N Short, G/U Long and E/U LongNATGAS/USD Short Minimum entry requirements: • If tight 1H continuation forms, 15 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/USD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it. EUR/USD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
by StewySongs
NASDAQ on the Brink: Major Pullback Ahead? A Look at the Market Greetings, traders and market visionaries! It’s Lord Medz here once again, and today we’ll be analyzing the NASDAQ and the potential for a massive pullback, similar to what we discussed with the US500. However, this time we’re also going to dive into an important indicator that’s flashing warning signs for the broader economy—the US Treasury Yield Curve, specifically the inversion between the 2-year and 10-year yields. The NASDAQ is currently at a critical juncture, having completed five supercycle waves according to the Elliott Wave Principle. The market could be on the verge of a sharp correction, and when paired with the concerning yield curve inversion, the stakes couldn’t be higher. NASDAQ’s Elliott Wave Mega Cycle: Are We Done? Over the past several years, the NASDAQ has surged thanks to the tech boom, accommodative monetary policies, and investor enthusiasm. However, based on Elliott Wave analysis, it appears that the NASDAQ may have completed five supercycle waves, potentially signaling the end of this massive bullish phase. Here’s what we’re watching: Five-Wave Completion: According to Elliott Wave theory, markets move in repetitive wave patterns, and the NASDAQ may have completed its fifth and final impulse wave of the current supercycle. Retracement Ahead? If we are indeed at the end of this supercycle, the NASDAQ could be on the cusp of a 50%, 60%, or even 70% pullback. This would mean a significant retracement from current highs, potentially wiping out gains made since the early days of the pandemic in 2020. Potential Pullback Scenarios 50% Pullback: A correction of this magnitude would take the NASDAQ back to levels near 7000-8000, which represents a substantial drop but would still leave the long-term bullish structure intact. 60% to 70% Pullback: In the event of a deeper correction, we could see the NASDAQ falling to levels below 6000, erasing years of gains. This would be similar to the aftermath of the dot-com bubble crash, where the market underwent a severe reset before recovering. The key levels to watch are 7000, 6000, and the 5000 range. A break below these levels could signal more trouble ahead, and a possible shift in long-term market structure. The US Treasury Yield Curve: A Key Warning Sign Adding to the concern is the inversion of the US 2-year and 10-year Treasury yields. Historically, this yield curve inversion is a reliable indicator of a looming recession. Here’s what’s happening: Inverted Yield Curve: Normally, longer-term bonds (like the 10-year) should offer higher yields than shorter-term bonds (like the 2-year) because investors demand more return for taking on longer-term risk. However, when the 10-year yield falls below the 2-year yield, it signals that investors expect economic trouble ahead. Recession Indicator: This yield curve inversion has occurred before most recessions in modern US history, including the 2008 financial crisis and the 2001 dot-com bubble. In fact, the yield curve has inverted again in 2023, raising alarms about the possibility of a recession within the next 12 to 18 months. When the yield curve is inverted, it implies that short-term economic risks are rising, and market participants are flocking to the safety of longer-term bonds. This can lead to tightening financial conditions and a slowdown in economic activity—factors that could heavily impact the tech-heavy NASDAQ. The Yield Curve and the NASDAQ The NASDAQ, with its high exposure to growth stocks, tends to be particularly sensitive to changes in interest rates and the broader economic environment. A sustained yield curve inversion can lead to: Higher borrowing costs for businesses, particularly in the tech sector, which thrives on cheap capital for innovation and growth. Rising rates can squeeze margins and dampen investor enthusiasm for growth stocks. Decreased consumer spending, as higher short-term rates make borrowing more expensive for households and businesses alike. This can lead to lower revenues for companies, particularly in discretionary and tech sectors. Recession fears translating into lower stock prices, as investors begin to price in slower economic growth and shrinking corporate profits. Given these factors, the combination of a completed Elliott Wave supercycle and an inverted yield curve suggests that the NASDAQ may face substantial headwinds in the coming months. Conclusion: Is a Major Pullback Inevitable? We are at a critical stage in the NASDAQ’s journey, and the signals are flashing red. With the Elliott Wave analysis pointing to the end of a major supercycle and the inverted US Treasury yield curve signaling potential recessionary conditions, the risk of a major correction seems high. Whether we see a 50%, 60%, or 70% pullback, the coming months could be pivotal. The yield curve inversion should not be ignored, as it historically precedes economic downturns—and a downturn in the broader economy will almost certainly impact the tech sector and the NASDAQ. For traders and investors, this is a time to be cautious. As always, it’s essential to manage risk, diversify holdings, and keep an eye on key support levels. A major correction could present long-term opportunities, but only for those who are prepared to weather the storm. Stay sharp, stay informed, and trade with care. Peace, Lord MEDZ. Disclaimer: This blog is for informational purposes only and should not be considered financial advice. Always consult with a financial professional before making any investment decisions.
OANDA:NAS100USDShort
by Skinwah
1
Bitcoin FULL Analysis PART 2In a previous analysis, I discussed the relationship between Bitcoin, the Altcoin market and Bitcoin Dominance. An important rotation exists between these three; and by using TOTAL3 together with BTC.D, you can get a clearer picture of where BTC is trading in the current cycle. In this video, I make an important suggestion based off Elliot Wave Theory. This theory is backed up by the points mentioned but also by the Logarithmic view: From the log scale, we can see BTC is still trading relatively low compared to previous cycle top-outs. So the question remains - the end... or just the beginning? ________________________________________ COINBASE:BTCUSD BINANCE:BTCUSDT CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
by CryptoCheck-
1
NVDA - Trading above key resistance - Will it hold?It's a great day! Quick update on our little friend NVDA. We fell below the KEY support level of $118 in late August, but we recently reclaimed that level yesterday. Now that we are here, we need to stay above that $118 level and with today being Friday, it's even more important that we stay above $118 at market close. Barring some resistance levels that still exist above us (compared to SPX and NDX where we've already reached those levels - more on that in the video commentary), I have placed a bullish price target at $146. From a bearish stance not discussed in the video, I have a target of about $84 if October ends up being bearish. At this point, the probability is to the upside but that can obviously change at a moments notice. Take your trades with precision and a plan. Have a plan when you're trading and stick with that plan. I tend to ask myself "Is this trade still valid?" or "Is the reason why I entered this trade still true?". These are the questions that will define you as a trader. Investing is a different animal. If you like the company, you should have added to your position below $100 because that was a gift (in your eyes). If you're a trader, the same should have been true, but the reasons for staying in the position are different for traders vs investors. More on that another day. Thanks for reading and please comment below if you have any questions!
NASDAQ:NVDALong
by bitdoctor
Trends and Potential Trades in GBPUSD, EURUSD, and USDJPYThis morning's analysis focuses on the current state of play in GBPUSD, EURUSD, and USDJPY. The overall trend for the USD remains downward, and this week has seen a continuation of that trend. GBPUSD & EURUSD In the short term, there is potential for a sell trade (Secondary Trend) as a retracement of the recent bull run towards the buy zone of the bullish wave. USDJPY We have observed a strong downward move to T1, and price action on the 15-minute chart suggests a potential buying opportunity after liquidity was grabbed at the low of the Tokyo session. Buying USDJPY (Secondary Trend) is a possibility, as the wave structure 2 is approaching its low, with wave 3 correction expected to be the next phase. Happy Trading!
by Charts247TradingAcademy
TESLA: Monthly - 4 hour : what is going on: Up ? Down and Where?Good evening everyone I have created video 1 of 2 for today's analysis of the market. So far we are seeing a bullish trend up however from our perspective we are still bearish transitioning into a possible bullish scenario. I give a break down of the market from the new info provided plus wait till the end to see where the market will possibly go to so you will be a more educated trader. Follow the market Happy Hunting Traders MB Trader
NASDAQ:TSLA
by Mindbloome-Trading
Markets Finding Equilibrium Before FOMCAll major indexes and broad market advancing today with the US CPI/PPI combo causing some big recoveries since the post Labor Day selloff. Momentum goes to the bulls for now until price proves otherwise. FED likely to cut 25 bps next week with more to come by end of year. It's amazing how quickly sentiment can shift like it did with Aug 1-5 and after, and again Sep 3-6 and after. I hope you enjoy today's video. Friday's close for the day and week will be important and perhaps it's all quiet on the western front heading into FOMC next week where price can be excitable and volatile, but we'll do our best to navigate everything. Thanks for watching!!! See you in the markets.
AMEX:XLRE
by ChrisPulver
1
SPY/QQQ Plan Your Trade For 9-12 : BreakAway PatternMuch like yesterday's pattern, today is a Breakaway pattern for the SPY. I believe today's price move will be more muted than yesterday's big rally off the 540 lows. Combining the 830 jobs data with price expectations is difficult. I believe jobs data will be relatively soft, and traders will interpret that as the Fed may decrease rates before the end of this year. But I believe traders will be wrong, and the markets will flatten out this afternoon (after some morning volatility). Ultimately, the Fed is very confident that it will leave rates where they are unless something breaks. And because of that, I believe traders are trying to WISH the Fed into making a move. Because of this dynamic, I believe hedge assets will continue to melt upward and we will move into a fairly consolidated price period between now and the Nov 5 election. Overall, I believe most of today's price action will take place before Noon ET. Buckle up and prepare to take the afternoon off if my research is correct. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BITSTAMP:BTCUSDLong
by BradMatheny
SPX - Clear View to All Time High? Not so fastGood morning nerds! Alright, quick 5 minute update on SPX. There's a motto for the update today and that is "We are not out of the woods yet!" We've seen a decent move the last two days off the 5400 test last Friday but even though it looks decent, a lot still needs to happen. We're still trading below the 21 day exponential moving average in a month that tends to be bearish or at least corrective. A bullish August into a bearish September seems to rhyme with prior price action from previous years. Ideally a move back to test that 5400 level would be preferred before a move back to ATH, however if we happen to get back into the distribution zone before retesting 5400, then it's likely we will move to 5800 and probably higher. If we get back to 5322-5400 beforehand, then that 5800 target by EOY becomes more realistic. You gotta let the market breathe and especially in these months, you need to be a little more conservative with your positioning solely based on the season that we are in.
SP:SPXLong
by bitdoctor