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Wavesanalysis

ARM: Pull-back before next leg-upI fundamentally bullish on this company and think it might be a potential true-market leader in next market up-trend (if we see one in coming years). Structurally speaking, I may see full first impulsive structure completed with today's burst into the top border resistance zone for the final wave (c.v of 1). If this structure will prove to be correct, classical support area for potential correction: 61-55 area. If price follows through to the upside and closes above todays highs, then next resistance level is: 75-81 zone. Moving above 81 will be a sign to re-consider suggested price structure. Thank you for your attention!
NASDAQ:ARMShort
by artemfedorov
2
💹 U.S. DOLLAR INDEX next week prevision 💹In the dollar we can see that it has to continue its downward trend at least until it reaches areas between 99,700 and 98,490 minimum to end with the 5 of the Elliot wave since it has not reached 100% of the fibonachi extension of the last reverse wave. It is making a brief correction before going down again to break SL's and go down again as we observe a strong accumulation in the area where it closed last week. As soon as it has touched the 100%-127% zone, the bullish trend will continue since it has to go to areas of 108,200 minimum. In summary go short options in the short term and when you have touched the 100 level great opportunities to go long.
TVC:DXY
by Jordi_MM1
TSLA: Some more room to the downside in the near-termTesla has been a true market leader during up-cycles of 2013, 2019 and COVID 2020 market melt-up. It is a rare quality for a company to be able to re-invent itself (even more so several times) and be among next generation of multibaggers. This analysis highlights several technical scenarios of price development, providing key short and mid-term areas of support and resistance that needs to be held and broken to shift odds into favour of a particular path. I don't personally plan to trade this stock until price will be able to consolidate, providing a low-risk entry point. I can count 2023 move from Jan into Jul as an initial wave (1) in a form of a three wave A-B-C diagonal. Since Jul, price is in its final wave of correction - C - with an ideal support area at 197-174-153 zone as the end of larger wave (2) correction, or only the first wave A as per alternative yellow count. Having a closer look on wave C of (2): I cannot consider this correction to be over, until price is bellow 242 (the 0.618% c.i-c.ii). Until price stays bellow this area, I am expecting at least one more wave (c.v) deeper into ideal support zone. The move above 242, will force me to consider the correction of (2)/A to be over and re-analyse next resistance areas to the upside. A few words on macro-degree structure. I consider a macro-upside potential to 700+, because the move from May 2019 lows, still looks unfinished as the five wave impulsive structure, having only 4 waves in place. The macro-move and wave structure looks quite orderly with price nicely following key resistance and support areas*. If price moves bellow 153-128 support areas for wave (2), I will need to consider much bearish short and mid-term count being in place. Important notice: Elliot waves and fibonacci retracements are a very subjective form of analysis and I don't personally trade out of them. I use them only for the purpose of gauging structural potential of any assets, that allows me to put more confidence when low-risk trading set-up emerges. Author's personal multi-years trading experience convinced him that analysis and opinion doesn't pay, only price pays and that one shall not ever argue with price.
NASDAQ:TSLA
by artemfedorov
WAVES/USDT bullish horizons? 👀 🚀 WAVES Today Analysis💎Paradisers, turn your focus to WAVESUSDT! We've observed it positioning itself within a demand zone, hinting at a potential bullish ascent. 💎 A few days ago, WAVES broke free from its descending trendline, charting an upward trajectory. After facing rejection from an overhead resistance, it's now revisiting the trendline, which currently serves as a support. Given its current stance in the demand zone, we're confident that a resistance retest might be on the horizon. 💎 However, should the demand zone be compromised, anticipate a bullish continuation from the 1.447 support level. A breach below this could trigger a more pronounced downward shift. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
WLong
by MyCryptoParadise
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
NZDJPY LAST WAVE DROPNZDJPY has been bearish since early July but started the trend with a possible leading diagonal which comprises of 5 waves and 3 sub-waves to it. Considering the diagram above, we are done with the waves 1, 2, 3, and 4 going for the completion of the last wave (wave 5). Wave A and B are done and price also going for wave C after which we can witness a big correction. For now, lets see ow it plays out with a target of 410 pips from breakout. WAVE 1 = 5 WAVES WAVE 2 = 3 WAVES WAVE 3 = 5 WAVES WAVE 4 = 3 WAVES WAVE 5 = 5 WAVES
Short
by Ifeanyichukwuxx
3
BANK NIFTY ANALYSIS FOR 14/07/2023BUY ABOVE - 44720 SL - 44600 TARGETS - 44850,44940,45100 SELL BELOW - 44600 SL - 44720 TARGETS - 44500,44260,44100 Still I'm Suffering with some Health Issues guys... I'm not well 💉🩸 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. I'm not well guys 🫀💉🩸So I'm not sure about Updating the market moment in the live market.... If possible I'll update at that time If you like my levels then keep this levels into your Charts & Follow the levels Strictly HAPPY TRADING GUYS
NSE:BANKNIFTY
by Jagadheesh_JP
9
ETHUSD Waves Analysis Bearish Impulse wave up that finished on 11th November 2021. Followed by an ABC correction. Where wave (A) finished and we now either in correction (B) or we started the wave C of the correction. So even though we can count this minor abc correction in wave (B). it does not mean it is finished. Waves B can take the form of complex corrections wxy. So how do we know if wave (B) intermediate it is finished if it crosses the paralel channel make it official wave (C). Supporting indicators RSI -turning down below 50 MACD - Turning below centre line Targets going forward 1. Target nr 1 $1400 region if it bounces back correction might not be over yet wave (B) 2. Target nr 2 $874 end of wave 5 of (A) 3. Target nr 3 price target $ 458 -480 region based on symmetrical channel and a few Fibonacci Ratios.
BITSTAMP:ETHUSDShort
by WavesInvesting
TSLA going to January Lows TSLA - Elliott Wave Analysis There maybe more dramatic Waves out there for Tesla. But for me I had this count since April last year so I am gonna stick with it. I see a WXY correction. And we are now in minute wave iii of minor wave C of intermediate wave (Y). Foron this WXY pattern the most common Fibonacci ratio is equality between W= Y. In our case equality is around 103.95 We also have natural graph support around 103 from the previous low in January our wave A of (Y). What are your thoughts on TSLA ? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
NASDAQ:TSLAShort
by WavesInvesting
1
WAVES 73 % drop or it will go to ZEROWe really can't be bullish on WAVES. Last days there was a lot of bad news regarding WAVES and USDN which is WAVES' algorithmic stablecoin. - USDN broke peg again. - DAXA issued an investor warning and Upbit exchange delisted both assets. It really gives LUNA's vibes. Either WAVES will drop very low in this bear market or it will go to ZERO. High risk coin but with a high risk , a high reward may come. We will monitor the situation and keep you updated. Stay safe!
WShort
by vf_investment
3