Get started

Wave Analysis

EUR/JPY Short, GBP/NZD Short and USD/CHF ShortEUR/JPY 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/NZD Short Minimum entry requirements: • 4H risk entry. or • 1H impulse down below area of value. • 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. USD/CHF Short Minimum entry requirements: • 1H impulse down. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
1
BABA - Support and Resistance (Educational)Happy Day to all you traders out there! Alright, lets get down to business. Fact of the matter is, areas where price action previously found support likely will act as resistance in the future and vice versa. This is important for any trader out there that isn't interested in being an investor in a company and is only looking for short term upside. What we can see is that going back to BABA's early days listed on the NYSE in 2014/2015, we had significant resistance around the 120 level before BABA retreated to ~$59. It then overtook that level in 2017 and for a short period of time, tested that level and eventually blasted off to $320. Then, on the way down (eventually back to that $60 level - a huge loss for top buyers), it found resistance after it lost that $120 level. Well, here we are again. We're back near $120 now. If we can get through this level, we should see a move back to a level I've identified using the Trend-Based Fibonacci Extension tool (built into TradingView) which is around $140. You can see in late 2021 and early 2022, we found both support and resistance at that level. I'd expect we'll initially find resistance there and it matches with the 100% extension of the move I'm measuring (check out the video for a simpler explanation). Ultimately, short term, I'm looking for this $120 level to be reclaimed to get that move to $140, which I've been discussing here for a while. We'll see what happens in October which historically has been a bearish month, but so far it's not terrible. Safe trading out there, fellas!
NYSE:BABALong
by bitdoctor
Gold's Big Trap: The Next Manipulation Setup in XAU/USDIn this detailed analysis of the XAU/USD (Gold/US Dollar) pair on both the monthly (M) and weekly (W) timeframes, we delve into potential price action scenarios for the upcoming two weeks. The market structure suggests we are entering a critical phase, characterized by multiple technical formations including Elliott Waves, Wyckoff phases, and liquidity manipulation zones. This combination allows us to forecast significant price movements, particularly around key liquidity levels and wave completions. Current Structure and Manipulation Overview: Wyckoff Phases: The primary framework of the analysis uses the Wyckoff methodology, specifically phases B and C in a potential distribution phase on the monthly timeframe (M). This indicates that we are currently in an area of market manipulation, where institutional players may be trapping buyers before a possible markdown phase. The failure of key support zones will confirm the movement into the next phase of the distribution. Elliott Wave Structure: The chart is dominated by an ongoing Wave V in both monthly and weekly timeframes. On the higher timeframe, we are potentially nearing the completion of this wave, particularly around the 2,700 area, where Wave 5 (M) could culminate. Meanwhile, within the weekly structure, there are clear subwaves (i)-(v) that suggest the last impulsive wave before a corrective move. Volume Profile and Liquidity Zones: The volume profile suggests key liquidity levels where large volumes have been transacted. The most critical areas on the downside are the Point of Control (POC) at 2,030 and a significant support zone around 1,870. These levels represent zones where institutional money may re-enter the market or trigger stops, leading to volatility. Short-Term Weekly Outlook (2-Week Projection): Immediate Price Action: In the upcoming two weeks, price action is expected to remain volatile within a range that seeks to test liquidity at key levels. On the weekly timeframe (W), the current structure indicates the potential for a short-term pullback towards the 2,000-2,030 zone, which aligns with the volume node and POC (point of control). This zone is likely to act as a support level for a brief period before any further downside is realized. Key Manipulation Points: Upside Manipulation: There is a possible liquidity grab targeting the 2,200-2,250 region, where Wave Y in Wave IV (W) is expected to be completed. This area marks a high-probability reversal zone, especially if price briefly breaches this level to trigger stop losses and attract late buyers. Downside Target: Once this liquidity grab is complete, the market could head towards 1,870, a significant Sell Side Liquidity (SSL) zone. A failure to hold above this level could signal a larger markdown phase, leading to more aggressive selling pressure in the coming weeks. Potential Wyckoff Spring: A Wyckoff Spring may occur if the price breaks down sharply towards 1,810 or lower, triggering stops and creating the illusion of a breakdown. This could then be followed by a quick reversal, trapping sellers, before entering a consolidation phase. This is consistent with Wyckoff's Phase C, where the market attempts to shake out weaker hands before the final markup phase (if bullish) or markdown (if bearish) occurs. Key Levels to Watch: Resistance Levels: 2,200-2,250 (W): Expected area for liquidity sweeps and potential short-term exhaustion of buyers. 2,700 (M): Long-term resistance where Wave V might complete its structure. This level is key for invalidating further bullish momentum. Support Levels: 2,030 (W): Immediate POC that could hold short-term price action before testing lower levels. 1,870 (W): Critical support zone and liquidity level. A break below this would confirm the continuation of a broader downtrend. 1,810 (W): Wyckoff Spring level where a sharp decline could trap sellers before a reversal. Elliott Wave Confluence: From an Elliott Wave perspective, the Wave IV correction currently unfolding within the weekly timeframe (W) is in its final stages. We can expect a final subwave (y) completion towards 2,030, followed by a potential larger corrective move within Wave II of Wave V. The rejection at key resistance and support levels will play a critical role in determining the broader trend. Any failure to hold support at 2,000-1,870 could signal the beginning of a larger Wave V correction that could take prices significantly lower over the medium term. Conclusion: Preparing for Volatility in the Next 2 Weeks The XAU/USD pair is expected to undergo a period of heightened volatility over the next two weeks. Traders should be prepared for sharp moves to both the upside and downside as the market manipulates liquidity. The structure suggests a potential downside move, but not before liquidity near 2,200-2,250 is tested. Key support around 2,030 and 1,870 will be crucial in determining whether a significant markdown phase will begin or if price will consolidate in preparation for a reversal. In the short term, traders should be wary of false breakouts, especially around the Wyckoff Spring levels, as these could trigger quick reversals, trapping both buyers and sellers in the process.
OANDA:XAUUSDShort
by spacedevil
14
Tesla Wave Trading Unlocked: Easy 30-Minute BreakdownI was all set for Tesla to move downward, but things didn’t go as planned. Now, I’m switching gears and ready to explore an exciting potential rally instead! I’m keeping a close watch as Tesla inches closer to those crucial resistance levels, especially the $272-$278 zone. Every resistance level is a new chance for us to take action, and I’m right here with you for each twist and turn. Together, we’ll see how Tesla responds—will it break through or meet resistance? Let’s dive into this thrilling market journey, because I’m fully committed to helping you stay ahead and make the most of every opportunity!
NASDAQ:TSLA
by Mindbloome-Trading
USDJPY Analysis Today: Technical and Order Flow !In this video I will be sharing my USDJPY analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
by Transparent_Fx_Analysis
Nividia: Will we reach 128.70 ? I Believe We CAN Good morning Traders MB Trader here checking into see how everyone is going So the game plan today is: 1) Do some wave counting; we all love a little bit of wave counting to figure out where we are in the market 2) Do some projections figuring out where are we going up ? 3) Do some micro projections to figure out the different areas of resistance and where that will be Enjoy traders and remember I love your comments, feedback and anything else you want me to make videos on Happy Hunting For Those Trades Remember trade what you see not what you assume MB Trader
NASDAQ:NVDALong
by Mindbloome-Trading
2
Elliott Wave Analysis: Bitcoin Consolidation ResumesBitcoin is turning to the downside as the US dollar recovers alongside US yields, which have risen nicely since mid-September. With further dollar strength possible, potentially pushing towards the 102.50 or even 103 levels, this is likely to be bearish for Bitcoin, at least in the short term. Bitcoin has also turned down impulsively from above $67,000, signaling that it remains trapped in a large consolidation phase. While I believe there’s potential for Bitcoin to eventually break to the upside, we will need to be patient until some key levels are taken out. Grega
CME:BTC1!
by ew-forecast
3
Q4 Kickoff - US down, VIX Up, Oil Drama, China RipQuick video recap to highlight what's the latest and greatest in the markets. Oct 1 - Happy Q4 US Big Tech in "big red" today US Energy in "big green" today - thanks for a wild bid on USOIL China continues to rip "green" and it's playing catchup quickly US will have to deal with employment news, inflation news, earnings news, all before the US Election and Nov 7 FOMC Rate Decision (expecting another 25 bps cut) Major levels to the downside if there's a US market pullback, FOMC lows, gap fills, and up trendline levels (50 period SMA, 100 period SMA, 200 period SMA) but we'll see Stay frosty out there :) Thanks for watching!!!
Editors' picks
AMEX:SPY
by ChrisPulver
2
Tesla are we going to 268 or 272 which one is IT???? Good morning Traders Grab some coffee or a tea and lets get into it First I do a little bit of wave counting to get you up to speed on where we are going and why Second I do some four hour projections and 30 minute to figure out our levels going up Third add in a little spice and throw that pitchfork in to wrap it up all nice Enjoy the video, if you want more videos or different types of videos please let me know in the comments section. My ultimate goal is give you the audience what you need and the skills to become a more profitable and better trader so you too can hit your trading and lifestyle goals Happy hunting for those trades MB Trader
NASDAQ:TSLALong
by Mindbloome-Trading
Nividia How HIGH ARE WE GOING; 135 is on the horizon Good morning Traders Hope you got your tea and coffee ready I recorded a long video for you to give you the scoop from 4 hour all the the way to 30 minute First in store we continued with our wave counting: which we always love :) Second did some projections from our four hour and 30 minute time frame going up Third we put on a pitchfork to wrap it up like a present and for a bonus I threw in where we might expect time wise to hit these levels Enjoy If you have any feedback on what you like , what you want to learn more about or even what you dont like post it below. My simple goal is if I can make better videos for you which helps you become a better trader Happy Hunting for those trades MB Trader Yahoo
NASDAQ:NVDALong
by Mindbloome-Trading
2
BTC & Crypto Market Forecast. 4 Yr Cycle Top and Elliot WavesIn this video, I've pulled up an old chart from 2022 I've had on my desktop (not my original chart) that shows potential Waves 3-5 for Bitcion and the 4 year cycle high time targets. In my new chart, I've re-created this showing that we're ahead of schedule from the dark study, and the 4 year past cycle time targets for reaching ATH around 539 days after the halving. But as we know, we hit ATH's this cycle already BEFORE the halving, so it's unclear how that's going to affect the next phase. It would certainly make sense, that everybody (Big money, smart money and even us dumb money retail traders) will be looking to 'go all in' early... But also to GET OUT early. Remember, it's a game of musical chairs.. and the music is speeding up. For these reasons, and other global economic and political influences... I think we could STILL see a left-translated cycle and a parabolic bull rally going into Dec of this year... Unsure if that would be THE Top, but I'd be looking for some profit taking and correction there, which most likely WILL LOOK like the top. But may not actually be. We may still see the 4 year cycle play out, and continue to push higher until October '25 as the original study suggests (539 days post-halving). On the one hand, some are suggesting a deflationary market bust in early 2025 for both the stock market and Bitcoin / crypto. We'll have to wait and see. But it does look like we're experiencing the Wave 4 pullback, and poised to beging the final Wave 5 phase of the bull-run. What do you think? Would appreciate any likes, comments, or compliments below. Cheer always welcome! To the moon 🚀
BITSTAMP:BTCUSDShort
by BrettFogle