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Wave Analysis

CORAZA - Bullish continuationEntry & exit strategy with Fibonacci retracement line. The price has experienced a significant rally, indicating bullish momentum. 52w High (0.675): This is a critical resistance level that the price has tested. A confirmed breakout above this level indicates bullish strength. The price is currently trading above the Kumo, suggesting a bullish trend. Chikou-span is above the price and Kumo, further confirming the bullish sentiment. The Tenkan-Sen and Kijun-Sen lines are trending upwards, supporting the bullish momentum. Fibonacci Retracement Levels: Entry 1: 50% retracement at 0.600. Entry 2: 38.2% retracement at 0.580. These levels offer potential buy zones in case of a pullback. Stop loss below 0.540 (14.4% Fibonacci level). Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
MYX:CORAZALong
by mg6112
Gold will drop to trend line, breaking support levelHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price rebounded from the trend line and started to grow and soon reached support 2, which coincided with the support zone. Then it broke this level, made a small movement up, and dropped to the trend line, which broke soon and fell below. But Gold continued to move up below the trend line and soon it broke this line with support 2 one more time, after which made a retest and continued to grow next. Later Gold rose to 2723 points, after which dropped to the trend line and then at once rebounded and rose to support 1, which coincided with one more support zone. Then the price broke this level too and some time traded in the support zone, after which turned around and made a correction movement. After this, XAU turned around and made impulse up, breaking support 1 again. Now, in my mind, XAU will fall to the support area and then break the support level. Then it correct move up and then continues to move down to the trend line. So, that's why I set my goal at 2730 points, which coincides with this line. If you like my analytics you may support me with your like/comment
OANDA:XAUUSD
by eaef
GME - MOASS Still applicable This is not a financial advice, this just testing my code that I have developed… Company has more than 4.5B $ in cash and its business have value today and in the future , with no bad news yesterday it went to from 32$ to 27.9$ !! That’s mean the short squeeze has something hidden and more than what we expect. The code that I am testing did not gives a sell value until today…. So let us watch what will happen for this stock in the coming days. Note: The shorts squeeze always need more stocks with less value !! Good luck.
NYSE:GMELong
by sharbi68790
BTC - Top around October 2025 - bottom in October 2026I was fooled by the bearish divergence on the 1W-3W charts in thinking that we'd get another correction from these levels. That is still possible, but this overview is based on if we just continue up from these levels. Our next stops could be 112K, and 127,500K. Maybe we get a correction from those levels. I think that the BTC top will probably be around 174K - 250K. If all goes as it has in the past, then we probably top around October of this year. Then we would be in a downward bear market until October of 2026, where the bottom will probably be around 80% from wherever we top. Also, we do appear to be doing a classic Elliot Wave 5 wave structure, so we may do a big ABC type move downward into October of 2026.
BITSTAMP:BTCUSD
by LoneWolf1425
Bitcoin correction inevitableTime to Chart the King! If you've checked my recent ideas, you'll find onefrom 11 December 2022 titled "Run it Back Turbo." Check it out! Press the play button to see how I've pinpointed the perfect bottom! Now, let's dive into why I've decided to close my trade: Wave Count: I've marked the 5 waves we've seen so far. Wave Comparison: Using the Date & Price Range tool, I've compared the size of wave 3 to wave 5. Wave 5 typically matches or exceeds wave 3, and you can see the King has done just that. How much more do you need to satisfy your greed? ABC Correction: We're expecting an ABC correction where: A Wave: Should hit the 0.382 Fibonacci level drawn from the bottom of the count to the current wave 5 peak. B Wave: Logically, this would reach the 0.236 Fibonacci level. C Wave: Expected to extend to the 0.618 Fibonacci level. Fibonacci Retracement for Wave 5: If you draw a Fibonacci retracement just for the 5th wave, you'll see: The A wave should touch the 0.618 level of this measurement. The B wave goes to the 0.382 The C wave, as usual, should retrace fully to the 1.000 Fib level, where it began. CME Gap: Check out the 1-day chart below to see there's still a CME gap to fill on the way down. Monthly Close: We're nearing the first monthly close of Q1. Take a look at the RSI; there's a clear bearish divergence forming. Liquidity Clusters: The liquidity clusters below look enticing and are prime for grabs, essential for further upward movements. Remember, this market thrives on the ping-pong effect with short stop hunts and liquidation hunts, followed by the same to the longs, rinse and repeat. Here you see a freshly pulled LiqMap from The Kingfisher platform currently the only one I know of which can show you these clusters. As you can see we have a ton of liquidity to tap into before we can resume this bullrun! Conclusion: The King Needs to Reset! No reason to be upset. Everyone needs a rest after such a run. We will resume our journey soon enough, reaching those higher targets sooner or later. See the bright side: we can sell now, load up at cheaper prices, and potentially make even bigger profits. Follow me for updates to this idea and follow me on X for even more insights!
CME:BTC1!Education
by Candle_Styx
SKL/USDTKey Level Zone: 0.04220 - 0.04240 HMT v5 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy
Long
by Ren_MomentumTrader
XAUUSD New Highs incoming ?! Below is a top‐down synthesis of your Weekly, Daily, 4‐Hour, and 2‐Hour analyses on Gold (XAUUSD), culminating in a comprehensive trading framework. The goal is to integrate the multi‐timeframe insights (trend, structure, order blocks, indicators) into an actionable plan—including key price levels, confluences, and triggers on lower timeframes for entries and exits. 1. Weekly Overview • Trend: The weekly chart remains bullish; higher highs and higher lows are intact. • SMAs are stacked positively (10 > 50 > 100 > 200). • The price has respected an ascending channel since mid‐year, with a recent bounce from the channel’s lower boundary. • Key Levels: • Major horizontal support ~2,112, aligning with a weekly order block (far below current price). • Potential break of structure (BOS) above the previous all‐time high ~2,792 could open the door toward 2,986 (weekly extension target). • Bollinger Bands: Price held the middle (20SMA) band; now approaching or slightly outside the upper band, indicating strong momentum but possible short‐term overheating. • Fibonacci Extensions: • Approaching 0.5 weekly extension (~2,780–2,790). • 0.786 extension aligns with the upper channel line near 2,950. • Momentum & Volatility: • RSI ~66–67, bullish but not overbought. • MACD histogram still slightly negative; signal lines well above zero. Bearish momentum is waning. • ADX ~40—a strong trend reading; slight sign of bullish exhaustion during recent consolidation, but potential for re‐acceleration if price breaks higher. • ATR ~80 indicates high weekly volatility. • OBV is making overall higher highs, confirming bullish accumulation, though it did flatten during consolidation. Weekly Bias: Bullish. The ascending channel and SMA structure support higher prices, with the next major hurdle at the prior all‐time high (~2,792). 2. Daily Analysis • Trend: Overall bullish but was in a sideways/consolidative phase after the 31st October high. SMAs remained up/sloping, and the 100SMA provided support multiple times. • Key Levels & Structure: • Potential overhead near 2,786–2,790, the 1.618 extension and prior all‐time high zone. • Strong daily demand/OB around 2,718–2,740. • A weekly channel line near 2,704, should 2,740 fail. • Bollinger Bands: Briefly poked above the upper band, then closed back inside—often a sign of a short‐term fade or minor pullback. • Volume Profile: POC ~2,650, smaller HVN at ~2,743. A break below ~2,724 could accelerate selling, but the daily OB and weekly channel line could catch price. • Momentum: • RSI near 69, bullish territory but close to overbought. • MACD is above zero and green, confirming an uptrend with decent momentum. • ADX ~23, rising modestly, indicating an emerging trend strength. • ATR is declining, suggesting the market is moving up but with less day‐to‐day volatility. • OBV is climbing, consistent with renewed buying pressure. Daily Bias: Bullish. Watching for either a continuation above ~2,786 or a pullback toward 2,740–2,720 if short‐term signals weaken. 3. 4‐Hour (4H) Details • Trend: Strong uptrend (10 > 50 > 100 > 200 SMA). Price recently tapped channel resistance near 2,786 and is now drifting lower to short‐term support. • Key Levels: • 4H OBs near 2,720–2,740, with local support around 2,763–2,770. • Horizontal levels: ~2,722, ~2,704 as next layers of support if the pullback deepens. • Bollinger Bands: A candle closed outside the upper band and then re‐entered, hinting at a near‐term fade or consolidation. • Momentum: • RSI divergence formed (lower RSI high while price made a higher high). • MACD above zero but histogram is “waning green,” indicating diminishing bullish momentum. • ADX still elevated (~40), but a gap between +DI and ADX suggests potential short‐term exhaustion. 4H Bias: Bullish but cooling. A modest pullback seems likely unless bulls quickly reclaim the local high. 4. 2‐Hour (2H) Insights • Trend: Uptrend is intact, with multiple bullish breaks of structure. SMAs remain positively sloped. • Key Levels: • Immediate 2H OB ~2,770 (current area) • Next potential support ~2,757–2,760 (BOS pivot) • Deeper support ~2,730–2,740 if the short‐term retracement extends. • Momentum: • RSI (~58) rolled over from 72 → short‐term weakness. • MACD has turned negative (bearish cross on histogram), reflecting a short‐term slowdown. • ADX dropped from ~28 to 26, showing slight exhaustion. • ATR ~7.6, modest intraday volatility. • OBV still generally rising, but short‐term flattening. 2H Bias: Still bullish in structure, but momentum is fading. A dip toward 2,757–2,760 or even 2,730–2,740 is possible before another attempt at 2,786+. 5. Synthesis & Confluences 1. Weekly & Daily remain decisively bullish. 2. Intraday Charts (4H & 2H) signal a near‐term pullback or consolidation around 2,770–2,757 after testing ~2,786. 3. Order Blocks & Channels: Multiple OBs and channel supports converge around 2,720–2,760. Breaking below 2,720 would be more concerning for the bullish structure. 4. Momentum: Higher timeframes are strong; lower timeframes show a mild loss of upside momentum. Hence, the primary outlook is uptrend continuation with a possible short‐term retracement to reset momentum. 6. Trade Plan & Positioning Primary Bias: Long (Buy the Dip) 1. Rationale • The long‐term (Weekly/Daily) and medium‐term (4H) structures are bullish. • A controlled pullback would likely be bought as higher‐timeframe participants re‐enter on dips. 2. Key Levels to Watch for a Long Entry • 2,757–2,760: If price forms a bullish reversal pattern (pin bar, engulfing) or a lower‐timeframe BOS back upward (e.g., on the 15‐min or 10‐min charts), that suggests dip‐buyers have stepped in. • 2,730–2,740: Deeper support if the pullback intensifies. Again, look for bullish price action signals or positive RSI divergence on lower timeframes. 3. Indicator Triggers • Look for RSI (on 1H or 15‐min) to cross back above ~50 from below, confirming renewed bullish momentum. • MACD on the 1H or 2H crossing from negative to positive histogram can reinforce a buy signal. • Market Structure: A small BOS (e.g., on the 10‐minute or 15‐minute) above the local pivot high in the 2,757–2,760 zone is often a clean entry cue. 4. Stop‐Loss & Targets • Stops: Set 1–2× ATR below the OB or channel support. For instance, if the 2H ATR ~7–8, place stops ~15 points below the entry level to reduce false triggers. • First Target (T1): Revisit the 2,786–2,790 swing high for a quick partial profit. • Second Target (T2): ~2,820–2,840 or the weekly channel near 2,950 if momentum reignites. Ensure at least 1:1.5 or 1:2 R:R. Alternate Scenario: Short (Counter‐Trend Pullback) 1. Rationale • If the market breaks below 2,757 decisively (on a 2H close) and momentum indicators remain bearish, a short‐term retracement trade could unfold. • This is against the primary Weekly/Daily trend, so caution and tighter stops are advised. 2. Entry Trigger • Confirm a lower‐timeframe BOS below 2,757 on, say, the 15‐min or 10‐min chart, plus a continuation pattern. • RSI/MACD staying negative could support the short. 3. Stops & Targets • Stop above ~2,770 or above the newly formed swing high, about 1–2× ATR. • Target (T1): ~2,740, aligning with 4H OB / channel. • Target (T2): ~2,720 if momentum is strong. • Must ensure a 1:1.5+ R:R to justify a counter‐trend trade. 7. Execution on Lower Timeframes (10‐min, 15‐min) • For long entries, watch the 10‐min or 15‐min chart as price dips into 2,757–2,760 (or 2,730–2,740). Look for: 1. Bullish Engulfing or Pin Bar. 2. BOS on a micro‐level (15‐min breaks above a minor swing high). 3. RSI crossing back above 50–55. • For the short scenario, the same approach applies but reversed: a break below 2,757 with no quick reclaim, plus negative momentum signals on the 15‐min. 8. Conclusion & Final Notes • The dominant trend from Weekly down to Daily is up. Thus, the highest‐probability setup is buying a dip into well‐defined support (OB + channel confluence). • Shorting is purely a short‐term strategy if critical support breaks and momentum flips negative on lower timeframes. • Always monitor the 2H/4H indicators for early momentum shifts, then refine entries on the 10‐15 minute chart. • Maintain sound risk management: risk no more than 1–2% per trade, place stops logically beyond structural levels or ATR multiples, and target at least 1:1.5 or 1:2 R:R. Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own due diligence and consider your risk tolerance before entering any trades.
OANDA:XAUUSDLong
by EliteMarketAnalysis
Correction down for goldHi traders, Last week XAUUSD did exactly what I've said in my outlook. After the finish of the correction down into the lower Daily FVG, price went up again to the higher Daily FVG. Now price is rejecting from the higher Daily FVG so next week we could see a correction down. After that this pair could go higher again. Let's see what price does and react. Trade idea: Wait for the correction down to finish and after a change in orderflow to bullish on a lower timeframe, you could trade longs. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
FOREXCOM:XAUUSDLong
by EduwaveTrading
JASMY final leg up to 0.09?Upon re-evaluating JASMY, it appears we could see a final leg up, targeting a range between $0.06 (1 Fibonacci extension) and $0.09 (1.618 Fibonacci extension), provided the bounce at the $0.025 price level—which aligns with the 0.5 Fibonacci retracement—is confirmed. This outlook is further supported by the ongoing downtrend in the DXY, adding a bullish undertone to the analysis. Let’s monitor closely to see if the price continues its upward momentum.
Long
by chase_ID
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