CakirInsights

10:11

CakirInsights

A study I conducted to show how to make money in scalping by applying simple Elliott Wave analysis and volume control. Attention: There’s no audio, and when examined carefully, none is needed.

CakirInsights Updated 

The intermediate-degree wave 2 may be completing with an ending diagonal structure near $143. This formation typically signals exhaustion in bullish momentum and often marks the end of a fifth wave. If this diagonal holds and breaks downward, the minimum expected retracement lies around $135. A deeper move toward the $123–125 region is also possible, depending on...

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AMD surged from $115 to $130 with strong volume, but failed to attract follow-through buying interest. Since May 20, price action has become increasingly choppy and indecisive. This raises the probability that the entire move from $76 may be forming a completed ABC corrective structure. A sustained drop below $125 would test the diagonal base. If broken, it...

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The ABC correction may have completed, with the final C leg forming inside a diagonal structure. A sharp drop started from $1,066. Traders should wait for a potential corrective reaction before entering a short position. It's important to note that as long as the diagonal channel remains intact, the zigzag structure can still extend. A clear break below the...

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After the sharp rejection from 8.50 EUR, price printed a three-leg corrective move that bottomed at 6.50 EUR. The climb from 6.70 EUR is unfolding as an A-B-C zigzag rather than an impulsive five-wave rally. Wave map • Wave A: 6.70 → 7.20 EUR • Wave B: 7.20 → 6.90 EUR (deep, time-consuming pullback) • Wave C: now advancing toward 7.70 – 7.80 EUR (first...

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The chart shows a fully completed 5-wave impulse structure at the top. This signals a potential break in the prevailing uptrend. The risk of a correction has increased, with a likely minimum pullback of around 15%, targeting the $280 level. Price action around the trendline and previous wave 4 support should be monitored closely.

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Home Depot appears to be inside a pattern that fits either an Ending Diagonal or Skewed Triangle structure. From the $367 area, a potential C wave may begin targeting the $315 zone. Investors should be cautious, as diagonal or skewed triangle formations often involve significant uncertainty. The white channel may bring choppy or indecisive price action.

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The C leg of the ABC structure appears to be ending in a diagonal formation. If the channel breaks upward, the move may extend toward the 74₺ region.

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This structure appears to be developing within an ascending channel, potentially completing an ABC correction with a final impulsive move toward the upper trendline. The internal wave count indicates a possible completion of subwave (5) of C near the top. However, bearish divergence in structure and the sharp nature of the previous impulse suggest caution. Two...

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3-Day Chart PATTERN • The rise from 6.58 € is unfolding as a corrective wave, sketching a classic five-leg **Ending Diagonal**. • Overlapping candles, slowing momentum and converging trendlines confirm the terminal nature of the move. KEY GUIDELINES 1. **White rising trendline** = last line of bullish defence. 2. A clean break of that line can launch a...

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BTAI has likely completed an impulsive 5-wave decline followed by an ABC corrective structure. The final leg (v) of the downtrend appears to have ended near $1.35, where price action shows a reversal signal. Currently, price is attempting to recover and may retest the descending trendline and previous structure zone near $1.60 — a level that served as strong...

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The wave structure marked in red often indicates a corrective move. While it appears impulsive at first glance, such formations typically end with a strong candle in the direction of the trend, followed by a full retracement. This rally is likely not a new bullish impulse but a complex correction within a broader downtrend. Volume remains relatively muted...

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SUI is at a key decision point on the 4H chart. The current structure may either be: a classic impulse wave, with wave (5) still incomplete, or a bearish ending diagonal, suggesting the uptrend is losing strength. If this is an impulse, price could continue toward the upper boundary of the wedge to complete wave (5). However, if this is an ending diagonal, a...

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BURL has completed a full 5-wave advance within a rising channel, ending in wave (v) of C. Current price is testing the top of the channel with a minor upper wick breakout — a common occurrence in wave (5) tops. Historically, wave (5) often ends with a fake breakout above the channel, followed by a rapid breakdown through the channel base. Price has not yet...

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HSBC is currently trading within a rising wedge, but a potential short-term drop of approximately 5% could trigger a full ABC correction pattern. This scenario is not confirmed yet, as the chart remains structurally bullish. However, should the price reverse and break below the rising channel, it would likely mark the start of wave C, completing an A-B-C...

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Altria (MO) is advancing within a rising ending diagonal structure. After completing wave 5 of wave C, price is currently moving upward within the wedge. Although there is no contact yet with the lower diagonal boundary, a third test remains structurally possible. Such formations often invite a final pullback to the base before resolution. This scenario remains...

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After completing a clear 5-wave impulsive move, Bitcoin appears to be losing bullish momentum. The price is testing the main ascending trendline, and a breakdown could lead to a deeper correction. The wave count suggests that the 5th wave may already be completed, potentially marking a local top. The key support zone to watch is around $97,740 – a clean break...

CakirInsights Updated 

Once again, the 1-5 wave count confirms the current structure. A bounce is likely soon, and it could be in the range of 30–40%. Because of this potential, you might consider a small position with low leverage and a tight stop. Trade carefully, and stick to your plan.