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Wavetheory

Hellena | BITCOIN (4H): LONG to resistance area of 101,000.Dear colleagues, in the coming week I expect price to continue rising in wave “5”. I think that wave “3” is already completed and now we are witnessing a small correction. Reaching the resistance area of 101,000 will be the end of the big “ABC” correction. The 91,601 area could be a good support area to complete the correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BINANCE:BTCUSDLong
by Hellena_Trade
4
Don't Miss this: Mastering Wave 3 Targets in Elliott Wave TheoryHello friends, Welcome to RK_Chaarts, Today we'll analyze WOCKHARDT LTD's chart using the Elliott Wave theory for educational purposes. In this educational series, we'll explore how to assume the target of wave three. Today's topic is specifically focused on understanding the measurements and projections for wave three. We can see that wave one on the monthly chart is complete, and wave two has also ended. Currently, we're likely in wave three. Generally, wave three's target is 161.8% of wave one. If wave one is 100 points, wave three's target would be around 162 points. If extended, it can reach 261 points, 361 points, or even 423% in rare cases. However, a key rule is that wave three will never be the shortest. If it's not extended, we expect it to be at least equal to wave one. Typically, wave three reaches 161.8% in general cases. We've shared this analysis in a video format for educational purposes only. Please note that this is not a tip or advisory. Watch the video carefully to understand how the Elliott Wave theory helps us analyze the chart and set targets. Thanks for joining and watching the video! If you like this series, please like and comment below. Your feedback will encourage us to create more content. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:WOCKPHARMAEducation
by RK_Chaarts
1
Hellena | EUR/USD (4H): LONG to the resistance area 1.15878.Colleagues, I believe .that the five-wave movement is not over yet and another wave of upward movement is waiting for us. I believe that wave “4” has almost completed the correction or has already completed it. In any case, I consider the main target to be the resistance area at 1.15878, which is the minimum target and the top of wave “3”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
27
Hellena | Oil (4H): SHORT to support area of 55.204.Colleagues, I believe that the price will continue its downward movement. At the moment we are observing a combined correction. I expect the completion of wave “Y”. Even if it is already completed, the price is still waiting for a downward correction to the support area of 55.204. Therefore, I think that 55.204 is the 1st minimum target. There are two possible ways to enter the position: 1) Market entry 2) Pending Limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
21
Don't Miss Out! Mastering Elliot Waves : 3 Essential PrinciplesHello friends! Welcome to RK_Chaarts !! Let's dive into the ruling principles of Elliot Waves that we cannot violate. There are three key principles: 1. Wave 2 will never Retrace more than 100% of wave 1 2. Wave 3 will never be the shortest among the three impulses (1, 3, and 5). 3. Wave 4 will never enter the territory of wave 1 (except in diagonals or triangles, where wave 4 can overlap with wave 1). In this post, we'll explore how to apply these principles to analyze and solve the puzzle of a complete chart. We'll use a live example from the chart of SAMVARDHNA MOTHERSON, which is a tough and technically challenging chart. However, using Elliot Wave principles, we'll attempt to solve it. Please note that this post is for educational purposes only and should not be considered as trading advice. We'll discuss potential scenarios, alternative possibilities, and "what-if" situations. I hope you find this post helpful and informative. It's a comprehensive explanation in Hindi, and I'm confident that you'll gain valuable insights from it. Happy learning! I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:MOTHERSONEducation
by RK_Chaarts
12
Hellena | GOLD (4H): LONG to resistance area of 3400.Colleagues, I've redrawn the waves a bit, because it looks like the correction should be over. I believe that the upward movement will resume soon. I expect two variants of events: 1) the price will reach the support area 3162, form wave “4” and after that we will see an upward movement - this is a variant of entering a position with pending limit orders. 2) Price has already formed wave “4” and then we will see only upward movement. This is a variant of market entry. In both cases I expect the price to come to the target in the resistance area of 3400. This is a pretty strong level from which there could be a strong correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
12
Hellena | BITCOIN (4H): LONG to resistance area of 98,000.Dear colleagues, in this forecast I will not make too forward-looking plans. I believe that the upward movement is not over yet, because the wave “C” is not yet completed and consists of five waves. I think that we should expect to reach the resistance area of 98,000. A small correction to the support area of 90,000 is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BINANCE:BTCUSDLong
by Hellena_Trade
25
Hellena | GOLD (4H): SHORT to 38.2%-50% Fibo lvl 3228.Colleagues, last week we got a stoploss, but I still believe that we should expect a correction in wave “2”. We will try to catch this movement this week. I believe that the price will correct to the area of Fibonacci 38.2% - 50% levels (3228.41). Perhaps the price will slightly renew the maximum of wave “1”, reaching the level of 3438. In this case I recommend to work with pending limit sell orders. And some data: The prevalence of bulls according to CME reports additionally increased by 13%. The 23% increase in market volume, meanwhile, indicates a likely strong momentum pattern during the trading week. Despite the 13% increase in buyers, selling patterns towards the balance level of the week (3200.00) are recommended for the current trading week. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
27
Hellena | SPX500 (4H): LONG to resistance area of 5682.Colleagues, I think that the deep downward movement is over and at the moment I expect an upward movement in a five-wave impulse. At the moment I expect a correction in wave “2” to the area of 5100, after which I expect the development of wave “3” at least to the resistance area of 5682. There are two possible ways to enter the position: 1) Market entry 2) Pending Limit Orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
9
BTC is Still A Correction.BTC is in good rally these days, but my believe is that it is still in a correction. I am not 100% confident in wavecount, but I am confident that BTC is not done correcting until it has gone down to somewhere between 62.500 - 52.500. If the rally BTC is currently in, I believe we are seeing a flat, and I will correct my count accordingly.. But right now I'm seeing a W-X-Y-X-Z correction. Be careful, and do not bet on BTC is rallying to a million just yet ;) For now I believe there will be good odds for following the white line I've drawn on the chart.
by TheDane
Hellena | BITCOIN (4H): LONG to resistance level of 90,000.Colleagues, after drawing the waves I realized that bitcoin is in a major wave “IV” correction and I believe that this correction is either over or about to be over. Either way I believe that long positions should be prioritized. I expect that the price will either immediately start an upward movement and reach the psychological resistance level of 90,000, or will update the low in the area of 75,866 a little more and then start moving towards the target. In the second case, I advise using pending limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BINANCE:BTCUSDLong
by Hellena_Trade
20
BTC short term Wave countAnalyzing a Bitcoin (BTC) form Wyckoff schema in a 4H chart. We can’t determine if it’s an accumulation or distribution yet. Based on MACD and Elliott Wave Theory, I believe the chart will follow a similar pattern. However, time will determine the outcome. If BTC declines and accumulates within a shorter time frame of Elliot support levels, it could be a long trade opportunity. (This analysis is not financial advice. Your actions are solely your responsibility.)
Long
by maayan_tiran
Binance Coin BNB is Likely to go down, until at least end of MayBNB has been in a correction since the start of December '24. And as time went by, it developed into an combo correction. I believe we are at the end of the purple B-wave of the green (Y) wave. We are right now finithing the white ((c)) wave of purple B wave, so we are going to see a small wave up until around the 630-640 level. And after this the purple C wave is going to take on downwards. And since very rarely the c wave has a shorter timespan than the a wave, we are not going to see this correction end until the end of may/ start of june. I believe the purple C wave are going to take us down to the 382 level in that yellow box. The 383 level is the 61.8% retracement of the primary white ((1)) wave. And this level is also roughly around the 100% Fib level of the purple A wave. If price comes to the green box I've drawn out. I belive that would be a good time to start looking for a confirmation to short.
by TheDane
2
Elliott Wave Principles: A Study on US Dollar IndexHello friends, today we'll attempt to analyze the (DXY) US Dollar Index chart using Elliott Wave theory. Let's explore the possible Elliott Wave counts with wave Principles (Rules). We've used the daily time frame chart here, which suggests that the primary cycle degree in Black weekly wave ((A)) and ((B)) waves have already occurred. Currently, wave ((C)) is in progress. Within wave ((C)) in Black which are Weekly counts, Subdivisions are on daily time frame, showing Intermediate degree in blue wave (1) & (2) are finished and (3) is near to completion. Post wave (3), we can expect wave (4) up in Blue and then wave (5) down in Blue, marking the end of wave ((C)) in Black. Additionally, within blue wave (3) Intermediate degree, we should see 5 subdivisions in red of Minor degree, which is clearly showing that waves 1 & 2 are done and now we are near to completion of wave 3 in Red. followed by waves 4 and 5, which will complete blue wave (3). Key Points to Learn: When applying Elliott Wave theory, it's essential to follow specific rules and principles. Here are three crucial ones: 1. Wave 2 Retracement Rule: Wave two will never retrace more than 100% of wave one. 2. Wave 3 Length Rule: Wave three will never be the shortest among waves 1, 3, and 5. It may be the largest most of the time, but never the shortest. 3. Wave 4 Overlap Rule: Wave four will never enter into the territory of wave one, meaning wave four will not overlap wave one, except in cases of diagonals or triangles. Invalidation level is a level which is decided based on these Elliott wave Principles only, Once its triggered, then counts are Invalidated so we have to reassess the chart study and other possible counts are to be plotted The entire wave count is clearly visible on the chart, and this is just one possible scenario. Please note that Elliott Wave theory involves multiple possibilities and uncertainties. The analysis we've presented focuses on one particular scenario that seems potentially possible. However, it's essential to keep in mind that Elliott Wave counts can have multiple possibilities. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
TVC:DXYEducation
by RK_Chaarts
Still Need Some Correction For S&P500 / ES Before Going UpAttention: Prices are read on the futures chart, so they might be different if you are reading on cash charts. But directions and realtionships, should be very similar. I believe S&P is in a very volatile correction and it is a bit hard to read. To me it looks like price completed a green (a) of the grey ((y)) wave with a failed 5th and started the green (b) wave with a very aggressive purple a wave. I believe we are now finishing the blue a-b-c correction in a c-wave diagonal and I would like to see it go down to 5110 area in the green box, for the c wave to have room to develop into the yellow box in the 5530 area. If price is heading above the 5630 area, I would start to look for another count, since this would mean the green (a)-(b)-(c) correction should have been a flat, and since the green (a) wave is not counted in three waves, this can't be correct. Right now I would like price to go down to the 5110 area, then back up to the 5530, and then we start the last green (c) wave of the grey ((y)) correction. And this green (c) wave has plenty of room. All the way down to 4176 before it invalidates the count. After all this correction, happy days are starting again, where the 5th wave could be heading for the 6500 to 7000 area.
CME_MINI:ES1!
by TheDane
Vanar Morgulis, boizSoo, Do u think Im done? Nooope :) Patience and cold calculation are what is needed in trading high-risk assets. AND THIS EXPERIENCE COST ME A LOT!! I share it with you. Anyway. I have been studying trading platforms for a long time and I am returning to the game, faster, smarter, stronger.. as it was with Daft Punk If Im genious enough (yas IT IZ), then we have two options: LOOK closer, folkz and don't be fooled - wave 5 of C is yet to be set , if it is ED (option 2) Othawise, if the correction is really over, then it was ZZ and we can take Longz (option 1) zoom out my chart and look at the Fibonacci levels - if there is a correction, it will be very little. And this is the case with almost all altcoins. I was very surprised by the amount of sleepy memes that Binance listed through, it's real madness. But, money doesn't smell, you can trade both lead and cheese
by zikkuratt
A Zoom of the Weekly DXY into a Daily viewI kept the colored rectangels from my weekly analysis, to keep the focus and knowledge where we are on the chart. DXY is doing a long A-B-C before it's is going into the last impulse og the C of Y of x of the larger degree. It's quite a lot of corrections to manage, but if you swipe from the daily to the weekly timeframe, it makes good sense. For me at least :D. The purple B wave took some time to figure out, but this was what made most sense to me. I was trying to look at it as a triangle, but that wouldn't have a good shape, so I ended out with this white ((w))-((x))-((y)) correction. DXY is right now performing, what I see as, a extended 5th wave in the white ((iii) wave, before it goes into the white ((iv)) correction. The white ((iv) wave correction could be become a long shallow drawn out correction for two reasons. We had a steep and swift white (ii) followed by an extended white ((iii) wave. This usually means we are going to spend some time correcting that white (iii) wave and the rule of alternation tells us, if we have a quick 2nd wave, we are usually going to see a slow fourth wave. I don't believe we have completed the white (iii) yet, so we have a long time to go still until that white (iv) wave is done. When the white (iv) wave is done, the white (v) wave is probaly going to take us down to that green box. So relax for the next 6 months and grab yourself a cup of coffee.
TVC:DXY
by TheDane
2
Hellena | GOLD (4H): SHORT to 38.2% Fibo lvl 3143.50.Dear colleagues, I expect a correction in the coming week. Wave “V” has started its development and now I think that wave ‘1’ of medium order is completing its development and I think that the correction in wave “2” will last until the area of 38.2% Fibonacci level 3143.50. There are two possible ways to enter the position: 1) Market entry 2) Pending limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
5
XAUUSD Long Term ProjectionsThe wave we traced is defined as A=680 B=1920 C=1044 Therefore, our targets if Au makes a new all time high are: N=2284 V=2796 E=3160 with a projected resistance at: NT=1408 You can see we are well above the projected resistance, now gold only needs to continue its climb and make a new all time high in order for these targets to be in play. I will make a subsequent post taking a closer look at what has been developing more recently. For now, this is the overarching picture. Time theory markings have been added and I may make a post focusing more on that as well.
OANDA:XAUUSDLong
by Thegreatomski
DXY In Difficult Circumstances Since the Start 80's I decided to give a go at the Dollar Index given the circumstances around the world. And to be honest, I tried to put on the positive glasses. I believe the dollar has been in a complex correction since the mid 80's. Starting out with a large dump in '85 with the a-wave, the correction slowed down and only grew more and more complex. Thought about current wave: What I believe we are going through now is, that we are finishing up the purple C-wave in a green (C)-wave. This wave can end at any time now, since it's now at the 61.8% fib level of the purple A-wave. But it might go down to the 95 level (The green box) to complete at the 100% fiblevel of the purple A-Wave. But first we will have the fourth wave meaning the DXY is gonna struggle for some weeks. Because we had a swift two week wave 2, which means we are probably going have a slow fourth wave according to the rule of alternation. This mean the purple C-wave could drag out into the end of '25 into early '26. This is also with that in mind that a C-wave most likely will take longer than an A-wave. These are the Purple boxes. BUT, after this, DXY is gonna experience some happy years again, going back up to the yellow box somewhere between 110 and 120 to finish the WXY of x of the larger degree. This will take DXY into a couple of years bull-run as long as the green (C) wave runs and completes no earlier than late '27, depending when the purple C-wave prior to the green (C) wave ends. But I believe the green (C)-wave will take about two years to complete. But after this, DXY could again go into some dark ages and considering the high degree purple w-wave took 23 years to complete (blue giant box), there is no reason to believe this high degree purple y-wave will be a swift matter and actually don't complete before the year 2050. And it will take the DXY all the down to start 60's or lower. The reason I said I tried to put on the positive glasses, is that I tried seeing the white channel as a leading diagonal for a new bull run, but I just don't see it as such. I also tried seeing it as a C-wave of a flat diagonal, but this would result in another C-wave afterwards, and also take us down to the 60's level. So that didn't do us any good. For the sake of DXY, I hope I'm wrong, but this is how I see it.
TVC:DXY
by TheDane
2
Hellena | EUR/USD (4H): LONG to the resistance area 1.11613.Colleagues, the price is in the correction of wave “2”. I believe that the upward five-wave impulse is not yet complete. In any case, I think that the price will still reach the maximum of wave “1” at 1.11613. The question is how far will the correction of wave “2” go or is it over? There is no way to know for sure, so I don't recommend selling. I think we should stick to long positions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
10
US yeilds in a corrective rebound In analysis from a few weeks back, we talked about bearish USD and presented a bearish outlook. Since then dollar fall nicely and one of the reason are also lower US yields. Looking at US yeilds I see bearish impulsive price action down from 4.8%, which could keep the US dollar in a downtrend. What we’ve seen so far is a strong rebound from 3.8%, as shown on the updated 4-hour chart. This rebound suggests that yields are stepping into a correction now, which could unfold as an A-B-C structure. So, it looks like we could see a bit more upside in the near term before US yields turn back to the downside. At the same time, this could mean the US dollar may find some support soon or remain in consolidation a bit longer. GH
TVC:US10Y
by ew-forecast