Get started

Wave Analysis

AUD/USD: Bearish Continuation in PlayThe AUD/USD pair has confirmed a bearish breakout, breaking below its ascending trendline and shifting momentum downward. Previously, the pair moved within an uptrend channel, encountering multiple sideways consolidations before reaching a peak at 0.64035. However, once the price rejected the resistance zone and broke the trendline, selling pressure took over. Currently, AUD/USD is trading around 0.62149, with a possible short-term retracement toward the 0.6274 - 0.6299 Fibonacci retracement zone before continuing its decline. If sellers defend this resistance, the next major target lies at 0.61156, aligning with the previous low and key support area.
Short
by Bullback_FX
PLTRPLTR hit the 1.0 I have been waiting for and looks primed for a move higher. The main question I am asking myself, is this just wave A, or is it all of wave (4). We've hit the target area for wave (4), but it was very short. Wave (2) was long, so I expect (4) to be short, but damn, talk about SHORT lol. This consolidation has lasted all of 9 days (7 trading days). This next move higher will tell us the answers we seek based upon the structure that it takes on. If it appears corrective in nature, then it is likely wave B carving itself out. Should it be impulsive in nature, then we know that (4) was short, and we're within wave (5) already. Either way I see this though, we should be moving up very soon if not already starting to.
NASDAQ:PLTR
by TSuth
ADAUSDT Breakout Incoming or Another Fakeout?Yello, Paradisers! Are we about to see ADAUSDT explode, or is this just another trap for impatient traders? Let’s break it down! 💎ADAUSDT is looking solid after completing a proper double zig-zag corrective phase. The key to confirming the next move lies in breaking and closing a candle above the resistance level. If this happens, it significantly increases the probability of a bullish breakout. Why? Because ADA is still trading in the discount range of a descending channel, and we’re also seeing bullish divergence—a strong confluence signal for upside momentum. 💎However, if ADA pulls back or retraces further, the smartest play is to wait for inducement. Ideally, we want to see bullish structures form, such as a bullish I-CHoCH or well-known bullish patterns like a W formation or inverse head and shoulders on lower timeframes. If those confirmations appear, the probability of a bullish move shifts in our favor. 💎On the flip side, if ADA falls sharply or closes a candle below the support zone, it would invalidate our bullish scenario. This would likely extend the corrective wave into a deeper structure, signaling that it’s best to stay patient and wait for clearer price action. 🎖 Bottom line? The market is setting up for a major move—either a powerful breakout or a deeper retracement. Only those who wait for the right confirmations will come out on top. Stay disciplined, Paradisers! 🚀 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
BTC’S CURRENT PEACEFUL VIBE AND THE 2025 SHIFTBTC’S CURRENT PEACEFUL VIBE AND THE 2025 SHIFT Overall, BTC’s moving along pretty calmly right now, but we’re in a different phase of 2025 compared to 2024. It’s already had quite a journey, and the plan seems to be: push it up one more leg, then cash out and chill for a while. Be cautious stepping into this 2025 phase—approaching it like 2024 could get stressful real quick. Bottom line: BTC’s set to correct from 107,000 USD by about 32%, landing around 71,000 USD.
CRYPTO:BTCUSDShort
by rainbow_sniper
EURUSD Elliotwaves updateAfter completion of a triangle with an overshoot price made a clear impulsive wave to the downside. This means we have resumed the down trend. Currently price is pulling back for wave 2 before continuing down. High probability area to take a short is on the 4hrs supply zone which is aligned with the zone created with fib 61.8% and 78.5% I expect price will find resistance at this area and continue down. Confirm your entry if it aligns with your trading plan before taking a trade. Cheers and have a great week. #elliotwaves #forextrading #elliotwavesglobal
Short
by Elliotwavesglobal
Cardona: A crypto you can consider holding in the short termHello, Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem. The coin is currently correcting hence setting up for a good opportunity for buys. The flag pattern is a great pattern that can be used for continuation confirmation. From a fundamental perspective; Cardano has officially ratified its first-ever Constitution, marking a significant milestone in the network’s evolution toward decentralized governance. The document, shaped by months of community discussions, workshops, and input, provides a structured governance model for the ecosystem. The Constitution, which has received broad approval from DReps and the ICC, will take full effect on February 23. It aims to establish clear rules, transparency, and accountability, ensuring that ADA holders play a direct role in shaping Cardano’s future. I see an opportunity to buy this Crypto in the short term. You can access this crypto using Tradenation or any other brokers that integrate with TradingView. www.tradingview.com Sources www.tradingview.com www.tradingview.com www.tradingview.com Good luck!
TRADENATION:ADAUSDLong
by thesharkke
2
USD/JPY 1H – Smart Money Outlook📈 USD/JPY 1H – Smart Money Outlook 🔹 Key Levels & Setup: ✅ Demand Zone: 150.115 - 150.307 ✅ Fair Value Gap (FVG) suggesting bullish imbalance ✅ Fibonacci Levels aligning with entry confirmations 📌 Trading Plan: 🔹 Potential Long Entry near 150.115 - 150.307 🔹 Targeting liquidity at 151.308 🔹 Confirmation: Price respecting demand & bullish BOS #USDJPY #SmartMoneyConcepts #OrderBlock #LiquiditySweep #FVG #BreakOfStructure #ForexTrading #PriceAction
Long
by FXFOREVER_87
The upcoming green isn’t the "Make BTC Great Again" moment yet.The upcoming green isn’t the "Make BTC Great Again" moment yet. So, BTC has confirmed the February candle close at a position where the price will keep moving in a lower range. The 78k zone is already considered low, but there’s a slightly lower zone still to come. In the next 1-2 weeks, green will cover the market—it’s the kind of green to lift everyone’s spirits, but not the "Make BTC Great Again" type of green—before BTC heads into another correction. Red from 109k down to 78k: -31,000 USD Green back up from 78k to around 91k (or 97k if it’s strong): +13,000 USD (happy vibes, positivity, green’s here, uptrend’s back, etc.) Then red again, slowly dropping from 90k to 71k: -20,000 USD (more to come) Grand total drop: 38,000 USD. That lower zone is the price range to consider for buying if we’re just looking at price, not timing yet—it’s the range to keep an eye on. As for when to buy based on timing, we’ll need to get there first to figure it out.
CRYPTO:BTCUSDLong
by rainbow_sniper
0227 XAUUSD will soon speed down to 2850Hello traders, **Thursday Logic Analysis + Opportunity Analysis (2025.02.27)** On Wednesday morning, shortly after the USD/JPY exchange rate suddenly plummeted to the 148 range, a piece of news that could easily be overlooked emerged: "The Bank of Japan (BOJ) will provide USD funding secured by merged collateral." This means the BOJ will accept government bonds, corporate bonds, foreign exchange reserves, and other assets as collateral to inject USD into the market. Once the news broke, the precarious USD/JPY exchange rate immediately rebounded, briefly approaching the safe range of 150. Unfortunately, as the BOJ slightly relaxed its stance, the USD/JPY rate fell back to the 148 range. Such extreme volatility is very dangerous; continuous "blood transfusions" are necessary, or the market may "collapse," which would trigger a chain reaction. A key indicator to watch is the Nikkei Index; the 38,000 point mark is crucial. If it falls below this level, a large number of structured derivatives will face the risk of liquidation. If a lack of liquidity is causing asset prices to decline broadly, why did the dollar weaken last night? It's simple: if it were just a sell-off of dollar assets, the dollar should strengthen; however, if capital flows out to exchange for other currencies after selling dollar assets, it will lead to a weakening of the dollar (equivalent to an increase in dollar supply). Currently, the USD/JPY exchange rate is still experiencing extreme volatility. Given the BOJ's operational level, it's essentially "wounding the enemy 100 while injuring oneself 1000." Ultimately, it depends on whether Trump will implement tariff policies against Mexico and Canada on March 4, which would temporarily strengthen the dollar index and alleviate the threat of yen appreciation on arbitrage trading liquidation. As long as the risk of arbitrage trading liquidations exists, it poses a significant threat to liquidity. For futures in gold and crude oil, when liquidity tightens, the threats are the same; every snowflake is alike! ** ** On Wednesday, the internal alert stated: "In the four-hour chart, during the late trading hours on Tuesday, gold experienced a significant drop followed by a deep pullback. However, it is still under pressure from the EMA, with clear upper shadows on the candlesticks, indicating that bearish forces are waiting for new opportunities! New short positions in gold on Wednesday need to wait for a one-hour entry signal during the European and American trading hours, with an entry near the 2920-2930 range. New position targets: TP1: 2890 TP2: 2880 TP3: 2840 Thursday trading plan: In the one-hour chart, consider entering a short position in gold during the European and American crossover trading hours, waiting for a bearish one-hour candlestick signal after a consolidation period. TP1: 2870 TP2: 2850 GOOD LUCK! LESS IS MORE!
OANDA:XAUUSDShort
by FUNTRADER-Vera
Bullish Trading Signal Overview for Dogecoin (DOGE)Dogecoin (DOGE) indicates a bullish trading signal. After a prolonged downtrend, we observe a significant reversal pattern with the latest green candle forming a strong bullish engulfing pattern. This pattern encapsulates the previous red candle entirely, suggesting a strong buying momentum and a potential shift in market sentiment from bearish to bullish. Key Observations: Support Level: The chart shows a recent bounce from a low of approximately $0.20914, which now acts as a critical support level. The rebound off this support suggests that the market is rejecting lower prices, adding credibility to the bullish momentum. Current Price: The current price is marked at around $0.23907, showing a noticeable recovery from the support level. Volume: Although not explicitly shown on the chart, the bullish candle's size suggests increased buying activity, which typically indicates rising interest and a potential continuation of the upward trend. Stop-Loss: A stop-loss has been strategically placed just below the recent low at $0.20032, a prudent move to protect against any sudden reversal in the downtrend. Profit Target: The profit target is set at $0.27152, located near a previous area of resistance. This target anticipates a reasonable upswing without reaching for the peak, making it a realistic and achievable goal. Trading Strategy Recommendation Considering the bullish engulfing pattern and the subsequent recovery, entering a long position at the current level or on a slight dip towards the support level seems promising. The stop-loss placement below the recent low limits potential losses, while the profit target provides a favorable risk/reward ratio. Entry Point: Around the current price of $0.23907 or on minor pullbacks. Exit Strategy: Aim for the profit target of $0.27152 while maintaining flexibility to adjust as the price action develops, particularly if the market sentiment continues to strengthen. Conclusion The technical setup for Dogecoin (DOGE) suggests a strong bullish potential in the short term. Traders should monitor volume and price action closely for further confirmation of continued bullish behavior. Always adhere to a disciplined trading plan with defined stop-loss and take-profit levels to manage risks effectively.
COINBASE:DOGEUSDLong
by BulletproofTraders
GBP/USD Outlook TodayHello everyone! Let's take a look at GBP/USD today. Since the market opened, GBP/USD has shown a slight recovery, currently hovering around 1.259 with support from bullish factors. This rebound is driven by the mild weakness of the US dollar. Concerns over the US economic outlook and expectations of further Fed policy easing have prevented the USD from sustaining its previous three-day rebound. Currently, GBP/USD remains within an ascending price channel, bouncing back after touching the lower boundary. If buyers successfully defend this trendline, it won’t be difficult for GBP/USD to aim for higher targets. Happy trading!
Long
by Bullback_FX