Taking a closer look at the NASDAQ (US100) on the 30-minute chart, I'm considering a long position as we enter wave (5) of the current Elliott Wave structure. The market has completed its corrective wave (4) and appears poised to make a strong push upward. I'm targeting the Fibonacci extension levels as key areas to watch. The 0.618 level around 20028.5 is the...
Looking at the US30 (Dow Jones Industrial Average) on the 15-minute chart, I'm eyeing a potential short trade. The market completed its wave (5) and has begun its corrective phase with wave (a) already in progress. It looks like we might see a bounce to around the 0.640 Fibonacci level, near 40880, before continuing its downward trajectory. I’ve set my sights on...
Hey traders! I’m spotting a compelling short opportunity on XAUUSD on the 3-hour chart that I wanted to share with you. After completing wave (5) in a clear uptrend, the market is now showing signs of a correction. Currently, the price has started forming wave (a), and I’m expecting a retracement toward the 0.618 and 0.510 Fibonacci levels around 2508-2501. Once...
The 15-minute chart of NZD/USD on OANDA indicates a potential shorting opportunity following the completion of wave (a). The pair is expected to continue its downward movement towards the wave (c) target levels. Key Levels: Wave (b) Fibonacci Retracement: 0.618 (0.61518) 0.5 (0.61472) Wave (c) Fibonacci Extension Targets: 1 (0.61158) 1.618 (0.60964) Traders...
The 3-hour chart of USD/CHF on OANDA shows a potential long opportunity following the completion of a corrective wave (a). The pair is expected to move upwards towards the wave (b) target levels. Key Levels: Wave (b) Fibonacci Levels: 0.618 (0.86617) 0.5 (0.86348) 0.382 (0.86079) Traders could consider entering long positions targeting the 0.618 Fibonacci...
The 30-minute chart of AUD/USD on FXCM displays a potential short opportunity following the completion of an impulsive wave (5). The pair is expected to enter a corrective phase, moving towards the wave (a) target level. Key Levels: Wave (a) Fibonacci Level: 0.618 (0.67281) Traders could consider entering short positions aiming for the 0.618 Fibonacci...
The 30-minute chart of EUR/USD on FXCM is currently showing a potential short opportunity. The pair appears to be in the process of completing a corrective wave (b) and is expected to proceed to wave (a) target levels. Key Levels: Wave (b) Retracement: 0.885 (1.11300) Wave (a) Fibonacci Levels: 0.124 (1.11099) 0.382 (1.10627) 0.5 (1.10411) 0.618...
The 15-minute chart of GBP/USD on FXCM is showing a potential short opportunity based on the Elliott Wave structure. The pair appears to be completing a corrective wave (b) and is now likely to head towards the wave (c) target. Key Levels: Wave (b) Retracement: 0.906 (1.30483) Wave (c) Fibonacci Extension: 1.618 (1.29815) Traders could consider entering short...
On the 45-minute chart of NOT/USDT on Binance, we observe a potential short setup following the completion of a corrective wave (b). The price action suggests a continuation downward towards the 0.618 Fibonacci retracement level. Key Levels: 0.618 Fibonacci Retracement: 0.01021 1.000 Fibonacci Extension: 0.00922 These levels represent possible targets for the...
The 15-minute chart of Bitcoin (BTCUSD) on Bitstamp showcases a potential shorting opportunity as the price completes a corrective wave (b) and prepares for a possible decline towards the 0.618 Fibonacci retracement level. Key Level: 0.618 Fibonacci Retracement: 58,134 This level represents a likely target for the corrective wave (c). Traders may consider short...
The 15-minute chart of the NASDAQ 100 (US100) highlights a shorting opportunity as the price completes a five-wave impulsive structure. The Elliott Wave analysis suggests that the index may undergo a correction towards the 1.618 Fibonacci extension level of wave (a). Key Level: 1.618 Fibonacci Extension: 19,486.0 This level acts as a possible target for the...
The 15-minute chart of the Dow Jones Industrial Average (US30) indicates a potential shorting opportunity following the completion of a fifth wave (5) in an impulsive upward move. The Elliott Wave analysis suggests that the market is primed for a corrective phase. Key Fibonacci Retracement Levels: 0.382 Retracement: 40715.97 0.5 Retracement: 40636.71 0.618...
The 15-minute chart for Gold (XAU/USD) shows a potential shorting opportunity as the market appears to have completed its fifth wave (5) in the current bullish cycle. The Elliott Wave structure suggests that a corrective wave is now in play. Key Fibonacci Extension Targets: 1.0 Extension: 2489.085 1.618 Extension: 2469.989 These levels mark potential areas where...
The 30-minute chart for AUD/USD signals a potential shorting opportunity as the pair appears to have completed its fifth wave (5) of the current bullish cycle. According to the Elliott Wave theory, a corrective phase may follow this impulsive move. Key Fibonacci Retracement Levels: 0.382 Retracement: 0.66435 0.5 Retracement: 0.66276 0.618 Retracement:...
The 45-minute chart for EUR/JPY indicates a promising long opportunity as the pair completes its corrective wave (4) and positions itself for the next impulsive move in wave (5). This setup aligns with the Elliott Wave theory, providing a structured roadmap for potential bullish targets. Key Fibonacci Extension Targets: 0.618 Extension: 164.014 1.0 Extension:...
The 15-minute chart for EUR/CHF presents a compelling long opportunity as the pair concludes its corrective wave (4) and gears up for the next impulsive move in wave (5). This setup aligns with the Elliott Wave theory, suggesting that the pair may now advance towards key Fibonacci extension levels. Key Fibonacci Extension Targets: 1.0 Extension: 0.96151 1.618...
The 30-minute chart for EUR/USD reveals a promising short setup as the pair reaches the peak of a five-wave Elliott Wave sequence. The completion of wave (5) suggests that a corrective phase is likely to unfold, presenting potential shorting opportunities. Key Fibonacci Retracement Levels to Monitor: 0.116 Retracement: 1.10309 0.382 Retracement: 1.09859 0.5...
The 30-minute chart for GBP/USD showcases a potential shorting opportunity as the pair reaches the culmination of a five-wave Elliott Wave sequence. With the completion of wave (5), a corrective phase appears imminent. Key Fibonacci Retracement Levels to Watch: 0.184 Retracement: 1.29430 0.382 Retracement: 1.29079 0.5 Retracement: 1.28870 0.618 Retracement:...