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Waves

Understanding Long-Term SPX500 & QQQ Cycle PhasesMy continued effort to share my research, experience, and expectations with the TradingView community has allowed me the freedom to create forward-looking content to help traders/investors understand the real risks/opportunities going forward. If my research is correct, then next 5+ years will be incredibly difficult for skilled traders/investors. I don't believe the US markets will enter a real organic growth phase until after 2025 (possibly in 2026 or later). There are many reasons for this extended contraction phase in the US/Global markets. Most importantly is a broad cycle phase related to societal changes. Secondly, we have a Sine-wave structure that confirms a contracting price phase needs to reach a base/equilibrium before it will be able to extend into an organic growth phase. As a trader, investor, or just someone trying to protect your family, your home, your children, and more, you need to understand the value of PROTECTING CAPITAL before taking on foolish risks. That is exactly what I'm trying to help you manage and understand - where opportunities exist in the markets over the next 5 to 15+ years. Watch this video, then click on my profile to watch some of my other TradingView videos. We live in a world where what happened 3 weeks ago is almost forgotten. These cycle phases exist, continue to drive price setups/trends, and will continue. Are you ready for what's next?
NASDAQ:TQQQ
by BradMatheny
3
WAVESUSDT Mid-Term Forecast💎 Paradisers, let's delve into the intriguing realm of #WAVESUSDT, where the market has woven a tale of wide-ranging price dynamics throughout the year. Within this narrative, we encounter distinct boundaries—a formidable resistance zone dwelling near the psychological fortress of $3.00 and the emergence of a compelling double bottom formation, nestled around the $1.25 territory. 💎Notably, recent developments have brought us to a pivotal juncture. #WAVES found support around the 88.6% Fibonacci retracement level. Simultaneously, price action revealed a remarkable bounce off the downtrend trendline. The significance lies in this trendline's transformation, transitioning from a resistance to a supportive force in our journey. 💎 Presently, our charts tell a tale of a minor 88.6% Fibonacci level at $1.486, serving as a sturdy bulwark of support. It's within this context that our demand zone comes into focus, nestled comfortably between these two Fibonacci retracement levels, spanning from $1.40 to $1.50. 💎 As long as #WAVES remains above this defined demand zone and maintains its connection with the uptrend trendline, our perspective leans toward a mid-term upward trajectory. While the exact duration remains uncertain, this path could potentially yield a 28% price increase in the weeks ahead. Paradisers, remember that patience and discipline are your allies during the waiting game. 💎 Rest assured, the MCP team will continue to vigilantly monitor the price action, ever watchful for potential shifts in market dynamics. We are committed to providing you with timely updates that empower your trading decisions. Stay engaged, stay informed, and let's navigate this #WAVESUSDT journey together with confidence and knowledge! 🌊
WLong
by MyCryptoParadise
GBP/USD bearish uncertaintyGBP/USD Fundamental and Technical Analysis (FTA) The GBP/USD price is found in a narrow range of 1.2490-05 on September 7, 2023, staying close to the June lows. On the hourly chart, the GBP/USD is still trading below the MA (200) H1 (1.2615) moving average line. The situation is similar on the four-hour chart. On the 30 min chart, see the mentions on the chart. From a fundamental perspective, there are a few factors that could weigh on the GBP/USD in the near term. These include: The ongoing political uncertainty in the UK, as the country prepares for a general election in the coming months. The weak economic outlook for the UK, as the country grapples with high inflation and slowing growth. The strong dollar, which is being supported by rising US interest rates. On the technical side, the GBP/USD is currently trading below the 200-day moving average, which is a bearish signal. The pair is also trading below a number of Fibonacci retracement levels, suggesting that further weakness is possible. However, there are also some factors that could support the GBP/USD in the near term. These include: The Bank of England's (BoE) hawkish stance, as the central bank is expected to raise interest rates again in the coming months. The potential for a breakthrough in the Brexit negotiations. The weakness of the euro, which could make the GBP/USD more attractive to investors. Overall, the outlook for the GBP/USD is mixed. The pair is likely to remain under pressure in the near term, but there are some factors that could support it in the longer term. I hope this post is helpful. This analysis represents only my personal thoughts and knowledge at the date it is posted. This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information. Any feedback is encouraged and appreciated. Thank you and have a nice day!
Short
by YExplore
GameStop: If it can hold above the PCZ, still targets up to $417The GameStop Trade is not over yet, as the Falling Wedge is still in play, the price is still above the PCZ, and it is still trading above the Log scale All Time 38.2% retrace. If we hold here, we can eventually get a rally up to $156.72, and if it wants to go for a symmetrical move, it would go for the full 1.618 Fibonacci extension all the way up to $417.05. We have PPO Confirmation at the PCZ of the Bullish Shark and the 38.2% retrace, so this would be the perfect spot as ever to begin a big move up, if it was ever going to do it.
NYSE:GMELong
by RizeSenpai
2
US30 BULLISH ELLIOT BREAKDOWNLooking back from Wednesday 15 of March, 2023, the wave 3 kicked off after wave 2 has completed its 3 waves movement. Wave 3 which carries 5 sub-waves along side submerged. Sub-waves 1, 2 and 3 are done, going for the fourth wave which carries 3 waves (ABC waves). However, from 4H timeframe, we can see a Zig-zag correction occurring which goes with 5-3-5 formation. Wave 4 is almost done, from there we can witness the last wave of 5. let's see what the lunch from NASDAQ:AAPL will bring about on the 15th of September. Stay tuned for updates from this breakdown. WAVE 1 = 5 WAVES WAVE 2 = 3 WAVES WAVE 3 = 5 WAVES WAVE 4 = 3 WAVES WAVE 5 = 5 WAVES WAVE A = 5 WAVES WAVE B = 3 WAVES WAVE C = 5 WAVES
EIGHTCAP:US30Long
by Ifeanyichukwuxx
TSLA fifth wave and bullish FVG 4h timeframeI've been keeping a close watch on TSLA's recent movements, and there's something worth sharing. It seems we're in the midst of the fifth wave, if we follow Elliott Wave Theory. What's even more intriguing is that on the 4-hour chart, a bullish FVG (Fair Value Gap) could be in the works, indicationing the end of the bearish (fourth) wave. Adding to the excitement, the Relative Strength Index (RSI) is giving us some interesting signals. It's right on the edge of slipping into oversold territory, a potential sign of a turnaround. Plus, keep an eye out for the impending cross between the RSI and its RSI-based Moving Average (MA), as that could indicate a significant move coming up. This setup has definitely caught my attention, and I'm thinking there's a trading opportunity brewing. If taking the trade I would suggest a safe stoploss below the fourth wave or a more risky one below the next bullish liquidity void on the chart. I would target the end of the fifth wave as a TP area because after that I believe we will see the first correction wave of the ABC pattern. Of course, as traders, we know the drill – careful analysis and risk management are key before making any moves.
NASDAQ:TSLALong
by RuneDD