Little more upside for goldHi traders,
Last week gold swept the liquidity and went up again just as I said in my outlook.
The last wave down could be wave 2 or it's part of a big Triangle (orange C)/ Flat.
Next week we could see this pair go up again to finish (orange) Wave D. After that we could see another move down for Wave E.
Let's see what price does and react.
Trade idea: Wait for the bigger correction to complete.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
Elliott Wave
Little more upside for SPX500USDHi traders,
Last week SPX500USD went higher then expected (wavecount updated).
If this is correct, then next week we could see a little more upside for this pair.
Let's see what the market does and react.
Trade idea: Wait for price come into the Daily bullish FVG's to trade longs again. At the moment price is too high to trade.
If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
Bigger correction down for EUHi traders,
Last week EU came into the Weekly FVG and started a correction down from there.
Next week we could see another move down to finish the bigger correction.
Let's see what the market does and react.
Trade idea: Wait for the finish of the correction up and a change in orderflow to bearish on a lower time frame to trade shorts.
If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
XAUUSD Elliotwaves update: Is wave 4 complete?The view we had in past three weeks was a possibility of complex 4th wave and our short term bias was bearish. But price reacted and closed above 61.8 Fibonacci retracement level and therefore changed our bias to bullish(Technically 4th wave is complete). Another confluence was a clear 5 waves after the reaction on the 61.8 fib. Now two possibilities, either wave 2 is complete and we should expect price to continue up from current price level or a possibility of double 3 to push price down to atleast 61.8 Fib before continuation to the upside. To take advantage of this anticipated move a trader should either wait for price to drop to the golden zone or wait for price to breach the immediate high and retest.
CHILLGUY trading Idea🟢 Bullish Signs
📝 Coin $CHILLGUY
✅ Entry Points: At the current price of 0.05742, consolidation is within the range of 0.04879 - 0.0396
🔴 Stop Loss is at 0.02665
💹 Potential Targets: The first target is 0.1188, and if the currency enters with an impulse wave, the target will be 0.17648, reaching 0.26494.
📊 The profit-to-loss ratio is 9:1
📝 This idea was built on Elliott Wave analysis, especially after the rebound from 0.01780 and the support range between 0.04879 and 0.03960. This is an indication that a wave 4 has been formed, especially if the price action remains above 0.02665, Wave 1 Peak
❤️ Good luck to everyone - don't enter any currency before studying your risk tolerance.
Longterm S&P 500 Equal weight.The long-term Elliott Wave pattern appears to be approaching completion, and primary Wave 5 could be an ending diagonal.
This formation suggests a significant reversal down to the start of the E.D, which would be around the COVID low. This would be only be Wave A in a larger bearish pattern.
From BONK to Boom: Is This a Full Impulse?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
BONK: Watching the Impulse Unfold
Looks like BONK may have bottomed at 887, where it kicked off what appears to be an impulsive move up.
The retrace that followed was suspicious—plenty of ways to count it depending on your lens—but price action eventually started hinting at a 12-12 or zigzag-style crossroad. That indecision resolved quickly once BONK cleared 1511, shifting the structure firmly back into bullish territory.
Now trading around 2242, the behavior is aligning with what you'd expect from a wave 3: strong momentum, vertical lift, and minimal resistance. It’s moving like a third wave should.
That said, there’s some heavy resistance sitting overhead at 2506, and it could stall or even reject price short-term. If it does, the next thing I’ll be watching is how price reacts—specifically looking for a clean wave 4 pullback and a final push into wave 5.
If we see that 4–5 structure play out at multiple degrees, it would go a long way toward confirming this whole move as a completed impulse off the low.
For now, this one stays on watch for the next setup.
Trade Safe!
Trade Clarity!
SOLANA → Pre-breakdown consolidation may lead to distributionBINANCE:SOLUSDT is declining and testing the support of the trading range as Bitcoin pauses after strong growth and enters a correction phase...
SOL looks a bit weaker than Bitcoin technically, but SOLANA has some positive fundamentals, though that might not be enough.
After forming a false breakout of key daily resistance, Bitcoin is moving into a correction phase. An update of local lows on the chart could trigger a drop across the entire cryptocurrency market.
In SOL, the focus is on the two nearest levels of 148.75 and 145.64. A breakdown of support could trigger the distribution of accumulated energy within the specified range as part of a downward momentum.
Resistance levels: 148.75, 151.2, 153.88
Support levels: 145.64, 138.59
The ideal scenario would be a false breakout of 148.75 (liquidity capture) and a retest of 145.64, followed by a break of support. Consolidation below 145.65 could trigger a drop to the zone of interest at 138.59.
Best regards, R. Linda!
SOL Short Trading Setup: The Alligator Awakens!
Wave 4 wedge forming — watch for breakdown. Neely rules and Alligator indicator confirm setup.
SOL Trading Setup: The Alligator Awakens! 🐊
The Chart Breakdown
Looking at this SOL/USD hourly chart, we’ve got a textbook Elliott Wave setup using the Williams Alligator and Neely’s NeoWave rules .
The Wave Count Story
ABC : That larger three-wave rally? Done and dusted. ✅
1-2-3-4-(5) : We're now in a five-wave decline, currently sitting in wave 4.
Neely Rules Check ✔️
Price & Structure:
Wave 3 is not the shortest: travels farther than wave 1 and exceeds projected wave 5 → ✅
Alternation: Wave 2 was a sharp ABC; Wave 4 is a flattening wedge/triangle → textbook alternation ✅
No overlap: Wave 4 doesn’t enter wave 1 territory → clean as a whistle ✅
Equality guideline: The green box shows −2.74 %, mirroring wave 1 → picture-perfect ✅
Time Rules (Neely’s most overlooked):
Wave 4 has taken ~25 bars vs. wave 2’s ~15 bars → passes the time-ratio test ✅
Wave 5’s projected end falls within the vertical marker from wave 4’s high → on schedule ✅
Alligator & AO Confirmation 🐊
Alligator lines compressing during wave 4 → energy is building
AO divergence: red bars deepen in wave 3, shrink in wave 4 → classic wave 5 setup
The Trading Plan 🎯
Entry Strategy:
• Stop-limit sell just below wedge support (~$147)
Risk Management:
Stop Loss: One ATR above wave 4 high — protects against a throw-over
Time Stop: Exit at market if not in profit after 70 bars
Profit Targets:
TP-1: 100 % of wave 1 length (green arrow)
TP-2: Trail stop if AO shows bullish divergence near target zone
The Caveat ⚠️
If wave 4 drags on much longer (>2× its current length), it could evolve into a complex correction. Time is key — watch that clock.
Bottom Line
This setup checks all the NeoWave impulse boxes. The structure is clean. The Alligator is asleep. And we’re approaching a wedge break.
Short the break, target the equality zone, and respect your time stop.
Good traders follow rules. Great traders follow Neely rules. 😉
Agree or disagree? Drop a comment or share your chart!
HBAR in Wave C CorrectionThe token is correcting the whole move up which began in early 2023 (at 0.03560).
We are currently in wave C of the correction, so we could see bulls beginning to show up soon.
Price is grinding downwards inside the green descending channel. A breakout from the top of the channel could indicate the correction is over, with a lot of potential upside.
GBPAUD Trade Plan
I am considering we are currently inside blue B corrective wave, and expect further downside for blue C.
Wave B could be finished, but I´d prefer to see a liquidity sweep targeting 50% pullback, and dropping right back below the green resistance zone.
This would be a great place to enter a short trade.
AEDIFICA - Alternative Medium Timeframe Elliot Wave analysisIn this scenario, I’m interpreting the larger Wave 1 as a potential leading contracting diagonal, where each subwave is unfolding as a zigzag (3-3-3-3-3) rather than the typical 5-3-5-3-5 structure.Currently, we appear to be in Wave 4 (Pink) of this diagonal, which seems to be in the final stages of its downward leg before starting Wave 5 the final move of the pattern. The decline in Wave 4 (Pink) may take the form of either a WXY or an ABC correction; continued price development will help validate the count.
I believe this interpretation aligns well with the recent price action, particularly because the market has been moving sideways for quite some time now without delivering a convincing impulsive move to the upside.
Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial or investment advice. All trading involves risk, and you should perform your own due diligence before making any trading decisions. The author is not responsible for any losses that may arise from reliance on this content. Always trade at your own risk. #AED
Riding the Wave: Breakout Trading with Elliott Wave AnalysisHello Friends,
Welcome to RK_Chaarts,
Today we're going Analyze the chart of " HASBRO. " to identify a trend change opportunity.(Educational Post).
Let's get started!
Today, we analyzed the weekly chart of "HASBRO" using Elliott Waves theory and chart patterns. We clearly observed that the July 2019 top, with a high of 126.87, completed a primary degree Wave ((3)) in Black. The recent bottom in November 2023, around 42.69, marked the end of primary degree Wave ((4)) in Black. Since then, the price has formed a higher high and low, indicating a potential reversal.
The recent weekly candle close has broken out of the Resistance trendline and also confirmed an inverted head and shoulders breakout along with good breakout in RSI on weekly-cum-monthly time frames. This suggests that we may be unfolding a primary degree Wave ((5)) in Black, which should consist of five sub-divisions of Intermidiete degree in Blue. Based on the chart, it appears that Intermidiete degree Waves (1) and (2) in Blue are complete, and Wave (3) may have started.
Resistance Trendline Breakout with Inverted Head n Shoulder Breakout
RSI Breakout on Weekly
RSI Breakout on Monthly
Major EMAs Support on Daily, Weekly & Monthly
Both Elliott Wave theory, EMAs support, Trendline Breakout and chart pattern Breakout indicates that the price is likely to move higher from here. However, please note that technical analysis is a game of probabilities, and there's always a chance of being wrong.
To mitigate this risk, we've marked an invalidation level around 42.69. If this level is breached, our analysis would be invalidated.
Projecting the target for Wave ((5)) using the 123.6% of Wave ((4)) measurement, we get a long-term target of around 146.56. This is a possible target, but please keep in mind that this is an educational study and not a trading tip or advice.
Before making any trading decisions, please conduct your own analysis or consult with a technical expert or financial consultant.
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.
renderwithme | XAUUSD - GOLD Pre-NFP Technical AnalysisCurrent Market ContextPrice Levels: Gold (XAU/USD) is trading around $3,341.79 as of July 4, 2025, with recent price action showing consolidation between $3,300 and $3,400 after a pullback from highs near $3,500.
Recent Performance: Gold rose slightly by 0.27% to $3,335.17 per troy ounce on July 4, supported by positive momentum from trading above the 50-day EMA. However, it has faced resistance near $3,400 and experienced low liquidity due to the U.S. Independence Day holiday.
Market Sentiment: The overall sentiment remains cautiously bullish, driven by a weakening U.S. dollar amid concerns over U.S. fiscal imbalances (e.g., Trump’s tax-cut bill adding $3.4 trillion to the national debt) and expectations of a dovish Federal Reserve policy. However, short-term volatility is expected due to holiday-thinned liquidity and upcoming economic data
# Technical Outlook
Bullish Scenario: If gold holds above $3,300 and breaks $3,353, it could retest $3,400 and potentially climb toward $3,435–$3,451. A weekly close above $3,400 would negate near-term bearish risks and signal a continuation of the broader uptrend.
Bearish Scenario: A sustained break below $3,300 could trigger a deeper correction toward $3,248 (monthly low) or $3,226–$3,203. A drop below $3,203 would challenge the medium-term uptrend, potentially opening the door to $3,150 or lower.
Range-Bound Expectation: Due to low liquidity and pending NFP data, gold may consolidate between $3,320 and $3,340 early next week, with volatility increasing post-NFP
Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
NIFTY50.....The path is clear! Or?Hello Traders,
the NIFTY50 is bouncing around the resistance level @ 25669 and 25116! Of course, a wide range, but that's the truth! I have labelled the chart as to see, but the pattern is not that clear as it seems!
Chart analysis; details!
The last multi-week low @ 21743 points was labeled as a wave z of 4! Since, the count is arguing a new impulse is underway with targets well above the latest ATH @ 26227! This, of course, is my main count I'm following.
But! The correction, started on September 27th 2024 and last 'til April 7th 2025, can morph into a wave b of a long term correction. The first correction (September to April) in fact was a wave a in this case, the actually one a wave b, with a leg (Wave) c to come. There is no rule how long (in terms of percent) this correction can extend, only a guideline. This one says, the maximum to be allowed is the 1.618 Fibo-Extension of wave a!
Anyway!
The bulls like to see new high's above the latest @ 26277, which is a long way to go. For this idea, it is important not to touch the area of the wave (i) pink @ 25317! If this were the case, the count is no longer valid. Following my interpretation of a "possible" wave b, that extent, the path would be set to a new ATH in the coming 1–2 weeks, 'cause both path tell exact this scenario!
Anyway! We will see how the market will meet the decision in the coming week.
Act with patient and carefully!
Have a great weekend.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
renderwithme | BTC - Dominance about to hit resistanceBitcoin dominance (BTC.D), which measures Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap, is a key indicator of market sentiment and capital flow between Bitcoin and alt coins . As of July 5, 2025, recent data and technical analysis suggest Bitcoin dominance is at a critical juncture, with potential shifts in market dynamics for the upcoming week. Below is an analysis based on current trends, historical patterns, and technical indicators.Current State of Bitcoin DominanceCurrent Level: Bitcoin dominance is approximately 64.36% to 65.68%, based on recent data .
Recent Trends: Dominance has been testing a multi-year resistance zone between 66.5% and 69.5%
Historical highs in this range (e.g., 64.34% in early 2025) have often preceded pullbacks or altcoin rallies.
Chart indicate bearish signals, such as weekly bearish divergences and potential reversal candles, suggesting a possible decline.
Technical Analysis for Next WeekResistance and Support Levels:Resistance: The 66.8%–67.2% zone is a critical resistance level, aligning with Fibonacci extensions and a long-term descending trend line. A failure to break above this could signal a reversal.
Support: Key support levels are at 61.90%–62.20%, with a potential drop to 58% if bearish momentum accelerates.
Chart for your reference
Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
My Ideal Elliott Wave Entry ModelThe IMSETT 3/C Entry Model.
Every trader wants to catch the big moves the ones that pay quickly and decisively. In Elliott Wave, those moves often come during Wave 3. It's the strongest part of the trend, and when you're positioned early, the risk-to-reward is unmatched.
But not every opportunity hands you a clean Wave 3 on a silver platter. Sometimes you’re looking at a Wave C instead. That’s where the 3/C Entry Model comes in. It’s designed to get you aligned with high-conviction moves—whether the market is in a trend or a zig zag.
Here’s the edge: both Wave 3 and Wave C often start the same way—a strong, motive push off an AOI (area of interest), followed by a retracement. That shared structure gives us an anchor. Whether we’re labeling it a 3 or a C doesn’t change the fact that the initial impulse gives us clarity, direction, and a place to manage risk.
That’s what the IMSETT Model is built around:
Identify
Motive
Scout
Entry Plan
Track
Trade
Each step is focused, actionable, and repeatable. You're not trying to outguess the market—you’re reacting to structure, preparing for common behavior, and executing with intent.
I do have a video with a walk through.
This just the way I look for clarity in setups. As with everything in trading, nothing will work every time so do your own research this is not financial advice.
Cheers!
Trade Safe, Trade Clarity.
NIFTY ANALYSIS FOR 07-11/07 WEEKThis analysis based on purely zigzag drawing. As per drawing we can see nifty is still in a rangebound position but this phase is important.
from a neutral zone if we can make position with proper analysis and risk management then Break out or Break Down anything happen we can enjoy the ride.
I would like to encourage you just practice the simple drawing. Practice a lot.
On the basis of opening on Monday we can analyze further, till then learn and enjoy weekend.
Thanks for reading. 🙏
ETH Bullish Update
Ethereum is looking bullish, and is respecting clearly defined support and resistance levels.
In my primary count, we have finished black wave 1. The question is to determine if black 2 is already finished, which could lead to strong upside.
There is no way to know without further price action, and a break of green resistance is a very bullish signal.