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Elliott Wave

FB (META), What is going on?Stocks fall one after another ! We Saw a considerable decline in FB (Meta) Stoc k after earning report after hours of last trading session. What is happening for FB (Meta) in terms of Elliott waves? FB (META), has likely completed a primary degree ascending cycle started on 4th Sept 2012 at 17.55 USD . This cycle took 9 years to be completed therefore, we can imagine how boring will be the correction phase before completion ! If true , FB (META) has started a correction decline form ATH (384.33) down to Retracement levels with today's pre-market price around 0.382 level. Although 0.382 retracement is also possible for wave 2s , I give very low possibility to bounce back from this level according to timing and corrective patterns. Retracement down to 200 , 157 and even 96 USD corresponding to 0.5 , 0.618 Golden Ration and 0.786 Retracement levels is very possible, I tried to show the probability of each possible Retracement with thickness of arrows with the thickest to be the most probable ( As I suppose ) and vice versa. After completion of this primary degree wave 2 , there will be a huge up going wave which is primary degree wave 3 . This wave 3 will push the price up to at least 700 USD and even higher ( Very good news for long term investors ) depending on at which retracement level this boring correction phase ends. It is too soon to talk about this target we can update our targets in next years ! Please note this is a very long term prediction so, there will be lots of ups and downs and fluctuations in our path. What is happening on FB (META) is more than likely similar to whats happened for ETSY, SHOPIFY, SQ and many others in the market. As I showed on the chart, this is what I see as the most probable scenario which means there are more optimistic scenarios. Mots probable more optimistic scenario is that FB ( META) is just correcting the wave cycle labeled as wave (5). As far as the stock is trading above 170 USD, this scenario is valid. Hope this analysis to be helpful and wish you all the best.
NASDAQ:META
by SaeedSajedi
15
SOL → The coin may get a chance for growthBINANCE:SOLUSDT is testing trend support and at the same time bulls are trying to hold their defenses above the intermediate bottom and enter the buy zone. SOL both fundamentally and technically has good potential. Bitcoin is consolidating at this time and it can give strong coins a chance. Technically, solana tested the trend support with a touch and is trying to consolidate. I don't exclude the possibility of a false breakdown of the trend support before further growth, but at the moment the focus is on the resistance 200 - 203. If the bulls hold the defense above this area, the coin could strengthen to 245 - 270 - 290 in the medium term. Resistance levels: 203, 200 Support levels: 188, trend Emphasis on the local boundaries of the range. The market is struggling for the zone 200-205, bitcoin at this time is forming a local bullish momentum, which can also become a driver for the cryptocurrency market. Regards R. Linda!
Long
by RLinda
5
EUR/GBP - Trade Pan (XCI Entry Model)This is another plan to my entry Model I created. I wont be breaking the entry model down here. DM me if you would like details. Short Term - Price has taken short term buy side Liquidity, we have respected CHoCH meaning we are looking to take more Buy side Liquidity. I will be targeting Imbalance towards my Long Term Swing trade Setup which I will explain Long Term - We have a weekly Mitigation Block with lots of Sell side Liquidity valid which is also holding a strong Supply zone, Im looking for price to move into my premium level and im hoping for a Limit sell order for my 75% OTE tap. Good luck to anyone who decides to follow along Please follow me for future updates
by jamesibartram
$SPY February 11, 2025AMEX:SPY February 11, 2025 15 Minutes. AMEX:SPY faced resistance around 604-605 levels being 61.8% retracement number. We have 3 values. The rise from 600.05 to 605.5 The last rise from 603.21 to 605.5 And the fib extension 600.05 to 605.36 to 603.21 For the first rise important to hold 602 levels to continue uptrend. For the second number being the latest rise must hold today 604 levels. A close below 604 will be supported by 602 levels. So not a day to short. If we take the extension move, we have targets between 606 to 608 today. Once 608 is broken and held at least 15 minutes the target will be 611-612 levels.
AMEX:SPYLong
by RiderTrader
1
Tesla ($TSLA) Elliott Wave Analysis – Expanded Flat to $70Expanded Flat Pattern Wave A (2022 Crash) • Tesla dropped from ~$415 to ~$100, forming a three-wave (ABC) decline. • This marked the first phase of the Expanded Flat. Wave B (2023-2024 Rally) • Tesla rebounded strongly to ~$360-$400, retracing about 61.8% of Wave A. • Then overshoot beyond Wave A’s starting level confirms an Expanded Flat structure. Wave C (2024-2026 Expected) – $70 Target • Now unfolding as a five-wave impulse down. • Target zone: Primary $70 (0.618 Fib retracement) Short-Term Bearish Outlook – Wave C Down to $70 • Tesla is in Wave C, meaning more downside is ahead. • Breaking below $150 will confirm a deep drop to $70 • The final phase of selling will likely coincide with macro weakness (recession etc.). Long-Term Bullish Setup • Once Wave C completes at $70, Tesla should start a new impulse wave. • Target for next bull run: $800+. • Best strategy: Accumulate Tesla below $100 for long-term gains.
NASDAQ:TSLAShort
by Anakyn
Gold Wave Analysis – 10 February 2025 - Gold broke resistance area - Likely to rise to resistance level 2950.00 Gold continues to rise strongly after the earlier breakout of the resistance area located between the key resistance level 2878.00 (which stopped the price at the start of February) and the resistance trendline of the daily up channel from the start of this year. The breakout of this resistance area accelerated the active short-term impulse wave 3 of the higher-order impulse wave (3). Given the strong uptrend that can be seen on the daily and the weekly charts, Gold can be expected to rise to the next resistance level 2950.00, target price for the completion of the active impulse sequence (3).
FX_IDC:XAUUSDLong
by FxProGlobal
SOL About to EXPLODE? Key Pattern Signals a Massive Move!Yello, Paradisers! Is SOLUSDT gearing up for a breakout, or will the market shake out weak hands before the real move? Let’s break it down! 💎SOLUSDT has completed a triple zig-zag pattern, which significantly increases the probability of a bullish move. This structure often marks the end of corrective phases, setting the stage for a strong reversal. 💎Adding to the bullish case, SOL has broken out of a falling wedge pattern—a textbook bullish reversal signal. However, to manage risk effectively, scaling into positions rather than entering all at once is the smarter play. 💎Further confluence comes from a bullish divergence, reinforcing the likelihood of upward momentum. That said, we could still see some consolidation or even a liquidity grab before the next major move. If SOL sweeps the lows for inducement and then prints a bullish I-CHoCH (Internal Change of Character), that would present a high-probability, low-risk entry. 💎However, if SOL breaks down and closes candle below the support zone, it would invalidate this bullish setup. In that case, the best approach would be to stay patient and wait for clearer price action before taking any new positions. 🎖 The market rewards patience and precision. Let the liquidity games play out, and only strike when the setup is at its highest probability. Trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
MTF Short Idea for BTCBefore we see a final wave up to new ATH's, I think we see one more push down closer to the lows of the recent liquidation candle. Price has been moving within this predictive channel and while I don't think it's high probability we hit then bottom of it, I think using it is a nice way to contain price action for now and use it to establish a reasonable target for profits around the middle of the channel. Since the most recent local lows around 95.6k, price has been following this upwards arcing price action. From my experience these tend to end in impulsive moves upwards, leaving behind limited structure to fall back on safely. I would like to see price impulse up, sweep the local highs around 99.1k, break the arcing support it has been creating and retrace back into the descending channel. I would also like to see high delta and trapped buying above those highs at 99.1k for additional confluence. It's very important for me to see price retrace back into the descending channel before entering. If we sweep the highs but don't retrace back into the descending channel then it may be flipped as support and at that point I would reconsider my stance on needing a bigger retrace towards the lows of the liquidation candle before beginning a new wave to ATHs. Enjoy!
BINANCE:BTCUSD.PShort
by Back2Baseline
2