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Wave Analysis

EURUSD Will Move Lower! Sell! Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.133. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.124 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
AUDJPY Will Go Lower! Short! Please, check our technical outlook for AUDJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 93.565. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 92.996 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
MTF outlook: local wave X/A finished, looking for retracementThe local wave X (or A) from April 8 low seems to have finished at $2790 on May 28th. Now looking for a retracement (wave Y or B). Locally, 0.382 Fib level at $2250 provide an interesting level for counter-trading, and I'd be looking for sign of local strength for a short-term long position. I'll start looking for sign of strength at 0.5 level ($2087), but in reality, I'd really like to see the POC tapped at $1875 for the best risk-to-reward ratio, and to finish the wave X (or B) move. The POC is derived from the larger wave Y since Dec. 2024 to April 2025. Timing is a guess but based on time-fib projection and understanding of the traditional market summer lull days, I'm expecting wave Y (or B) to finish late June to mid-July. June, July, August are dubbed the 'dog days of summer' because not a lot of price action happens, so trend usually stalls or corrects (this is statistical average). Just an intuitive guess.
BITSTAMP:ETHUSDShort
by urbangoose
S (Ex FTM) UpdateS is Preparing for a Key Liquidity Grab and Potential Reversal Previously, S swept the liquidity from the upside and formed a zig-zag corrective structure within a descending channel. Following a clean breakdown, it has struggled to recover — despite broader bullish conditions in the market. Now, the structure is showing strong signs of a potential long-side liquidity grab in the coming days or weeks. This setup often marks the final phase of accumulation before a major upside move. Additionally, the price action aligns perfectly with Fibonacci extension levels, particularly around the $0.38 zone, which could act as a key support and entry area for long positions. A decisive reaction from this zone could trigger the beginning of a strong reversal, leading to the next impulsive leg. — Thanks for reading.
Short
by vs_sayin
1
AUDCAD On The Rise! BUY! My dear followers, I analysed this chart on AUDCAD and concluded the following: The market is trading on 0.8864 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8903 Safe Stop Loss - 0.8843 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EUR/AUD BEST PLACE TO SELL FROM|SHORT Hello, Friends! EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.756 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
XAUUSD 15MThanks for the second chart. Here's a breakdown of what this image shows: --- 📉 Chart Summary: Instrument: Gold Spot (XAU/USD) Broker/Exchange: OANDA Timeframe: 15-minute chart Current Price: ~3,293.970 USD --- 🧠 Trade Setup Analysis: Entry Point: Clearly marked near 3,300.000 USD Indicates a short (sell) trade taken at a resistance level after price bounced up and started declining. Target: Labeled as “Target Successful” Appears to be around the 3,255.000 – 3,260.000 USD zone. Suggests the short trade reached its take-profit level successfully. Trade Direction: This is a bearish setup. Arrows show the expectation of price dropping from the resistance back down to the target zone. Price Action Confirmation: Before the entry, we see a reversal pattern from the high. The drop afterward confirmed the setup was effective. --- ✅ Summary: This chart demonstrates a clean resistance-based sell trade on XAU/USD that hit its take-profit (TP) target. The purple arrow highlights the price movement downward, reinforcing the visual confirmation of a successful short trade execution. --- Would you like a comparison between this gold trade setup and the Bitcoin one you previously shared (e.g., risk/reward, timing, effectiveness)?
OANDA:XAUUSDShort
by Alpha_Gold_Trader
xauusd 15mThe chart you've shared is a 15-minute candlestick chart for Gold Spot (XAU/USD) from TradingView. Here's a breakdown of the analysis presented: --- 🔍 Key Chart Annotations & Levels 1. Current Price: Around 3,293.175 2. Support Zone (Register Zoon): Marked in red, around 3,275.000 - 3,285.000 This appears to be a strong demand/support zone where price might bounce. 3. Resistance Levels: 1st Level Resistance: 3,305.930 Price must break this to confirm a bullish reversal. Target Point (Major Resistance): 3,329.135 Considered the upside goal if price breaks above the first resistance. --- 📈 Price Action Scenarios 1. Bullish Scenario (Green Arrows): If price finds support around current levels or in the red "register zoon" A bounce could take price above the 1st level (3,305.930) Target: 3,329.135 2. Bearish Scenario (Red Arrows): If price fails to hold above the support zone Possible breakdown below the red register zone leading to further downside 3. Neutral/Wait-and-See (Black Arrow): Shows price could range before confirming direction Suggests waiting for a clear break above 3,305.930 for confirmation --- 📝 Observations: The chart combines support/resistance with trend reversal signals. Entry might be ideal if price tests and holds above the red zone, or breaks above 3,305. Typo note: "register zoon" should likely be "register zone". Would you like help interpreting this strategy in a trading plan or coding it into a trading bot/script?
OANDA:XAUUSDLong
by Rich_trader01
Why Do Trendlines, Chart Patterns Only Work Probabilistically?Why Do Resistance, Support, Trendlines, Fibonacci, and Chart Patterns Only Work Probabilistically? (Meaning they are sometimes accurate, sometimes not) In an uptrend, we follow the strategy of "buying at the bottom, selling at the top." But in a downtrend, what strategy should guide us? It’s the opposite: "shorting at the top and closing the short at the bottom." The approach is not much different from spot trading. We still use tools to identify tops and bottoms to execute our shorting plan and close positions. For BTC on the D1 timeframe, the trend remains bearish. According to my system, BTCUSDT formed a peak on D1 on May 27 and May 28, with two "has peak D1" signals. This suggests that if we follow a short strategy, we would take profits at the D1 bottom. In terms of price, we could wait around the $100k level to observe price action for profit-taking. Alternatively, using a bottom-detection system, we would close the position when a "has bottom" signal appears, regardless of whether the price hits $100k. It depends on the real-time market dynamics at that moment. The price might drop further to $95k or $93k, or it may not even reach $100k. Fixing a specific price level—whether it’s a resistance, support, trendline, or Fibonacci level—may not fully capture the overall real-time market context. This is why sometimes the price hits the exact fixed zone, but other times it overshoots, undershoots, or a larger timeframe intervenes and breaks these fixed zones. That’s because price zones, trendlines, resistance, support, and Fibonacci levels are based on historical context. In real-time, we are dealing with the present, which is vastly different from historical context. For example, differences in political leadership, monetary policies, wars, geopolitics, or capital inflows can all create disparities. This is why trendlines, resistance, support, Fibonacci levels, and chart patterns are not always accurate in the present or only work probabilistically. Stay sharp, brothers!
Short
by rainbow_sniper
Tesla: Completed!TSLA has moved somewhat closer to the resistance at $373.04 since our last update, but these gains have now been tempered. We now consider the turquoise wave 4 as finished and anticipate imminent sell-offs during wave 5. These should eventually complete the magenta wave (3) of a larger downward impulse below the support at $215.01. However, due to recent upward momentum, we have increased the relevance of our alternative scenario. We now consider it 38% likely that the stock has already completed the large correction of the blue wave alt.(II) with the last significant low and will continue to rise directly during wave alt.(III). In this case, the price would next not only rise above the nearby resistance at $373.04 but also overcome the higher levels at $405.54 and $488.50. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
NASDAQ:TSLAShort
by MarketIntel
GOLD What Next? BUY! My dear friends, GOLD looks like it will make a good move, and here are the details: The market is trading on 3293.8 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 3307.5 Recommended Stop Loss - 3287.2 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDLong
by AnabelSignals
1
GBPJPY Is Very Bullish! Buy! Take a look at our analysis for GBPJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 193.933. Taking into consideration the structure & trend analysis, I believe that the market will reach 195.006 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1