USDJPY Wave AnalysisIt seems that the downtrend has ended in this timeframe and we should wait for the start of an uptrend
Trade entry: 150.000 range
Stop loss: 145.700
Take profit: 158.376
This offer has a risk/reward ratio of around 2
Make sure to involve less than 2-3% of your total capital and adhere to the principles of money management
This is just a suggestion for consideration
Elliotwaveanalysis
NASDAQ, setup for 25k (20% potential)Hello everyone,
based on the major wave 3, we can make a projection to imagine where the global markets could form a major top. In my view we are entering the last stages of the bull run, with a potential of 20% gains to come. After reaching the top, a major bear market could start, but I don't expect the top to be in before at least Q1 of 2025.
What I also want to point out is that we are about to test the very significant last swing high from where wave 4 started. I should be a good zone to start buying again, as we are in a strong bullish trend. If you need confirmation observe this level closely.
NVDA - finding an Exit on LongsIn this short piece, I present some visuals of my ideas on NASDAQ:NVDA targets.
If the chart patterns play well then my intention is to exit at around $183 to $193 and then catch the wave (4) low ideally at $146 , for the final push up in this sequence in to $210 or slightly higher for a final exit.
Viewed from the perspective of a weekly or monthly chart - NASDAQ:NVDA doesn't look complete at those higher levels, however, I suspect that the end in to the wave (5) around $210 will complete a multitude of larger wave degrees, thus start a much larger degree (wave 4) correction from that point.
**NVDA may be a strong barometer for the market peak on an intermediate scale. I will certainly consider this strongly.
LINKUSD Market Update / Flag Pattern Targeting $36+Greetings Everyone ,
Today, I’m sharing some updated charts for LINK/USD.
This will be a brief update to ensure the charts are delivered promptly. Please refer to the attached screenshots for a detailed view of each section of the price action:
- Dropbox Link -
www.dropbox.com
Key Observations:
• LINK/USD is breaking out of a flag pattern that began around $19.70. The measured move target for this breakout is approximately $36, making this a favorable risk-to-reward opportunity.
• Price action appears primed for a significant move. However, it recently faced rejection at the peak of the flag.
• I’ve outlined potential areas for the conclusion of Wave 5, though price could extend beyond these levels.
I’ll continue monitoring the situation closely.
Thanks,
C. Lemard
Completion of Bitcoin's Elliott Wave Structure in an Uptrendhi guys👋
📈 Bitcoin is currently moving within a complex structure of Elliott Waves. For those who are unfamiliar with this concept, Elliott Waves suggest that market prices move in waves, both upward and downward. These waves form in nested levels, creating a pattern that can be tracked.
🚀 At the moment, Bitcoin has completed its abc irregular correction of Wave 4, and it looks like it’s now entering Wave 5, the main upward move. This Wave 5 itself contains multiple nested levels, meaning each of the targets for this wave is also a smaller Wave 5 within a larger structure.
🎯 The price targets for Wave 5 are approximately $113,000, $125,000, and eventually $130,000. This uptrend could continue until the end of December 2024 or early January 2025, completing the Elliott Wave structure.
⚡ The recent correction was mainly a quick move to liquidate long futures positions, and now the upward trend will likely resume.
Wishing you all success! 🙌
Bitcoin - Time to buy again!Bitcoin has completed its third upward wave and is now finishing its fourth corrective wave. Therefore, it can be concluded that after completing the fourth wave and forming a flag pattern, it may reach $104,000 or $107,000 in the fifth upward wave.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
A case for long term investment and DCANYSE:VALE Is at an inflection point. It is a stock I have been watching for a long time as it has a nice Elliott wave pattern (If correct)
Here I present the Weekly chart as I consider it for my long term portfolio (3+ years BUY and Hold)
Although the chart presented here looks great (Read: Phenomenal), as an analyst utilising multiple methods, the story does not unfold as easily as I'd like.
As can be seen in the snapshot below there are multiple 'anomalies' still outstanding at those green zones on the magnified weekly chart. They may or may not be filled, but our awareness of them should cause us to move forward with caution.
On the Elliottwave side of things, there are two ways of looking at this. Either the recent top at ~$23 was wave i of 3 of (3) or the top of Primary w(1). If the latter is true then we will likely drop lower in to one of the green bands.
So the question remains - how do we take advantage of this given a drop to just above $3?
1) You can Dollar Cost Average in at each stage distributing your allocated capital
2) Wait for a bounce in a five wave move and enter at the correction for w2 of that bounce. Use the low for a stop loss.
There is no perfect way to manage the unknowns, you can only manage your primary objective, which should be to safeguard your capital -
If you want to know my thoughts on NYSE:VALE and other names give this a boost and follow.
best of luck!
Give me some energy !!!Bitcoin is currently on its way to completing the fifth wave of its upward trend, and this wave can continue up to over $100,000.
Previous Analysis
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✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Frankly, I don't feel like explaining, the chart says it all !!Finally, the wedge broke .The price can reach the shown targets. That's it.
previous analysis
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Be careful with BITCOIN !!!If we measure the AB range, which is 45% , we can say that the price will easily grow 45% equal to CD. AB=CD
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Chart say everything with Elliott wave counts and Chart PatternsChart say everything with Elliott wave counts and Chart Patterns
Looks like Inverted Head n Shoulder chart pattern, yet to Break above Neckline.
Scenario also aligns with Impulse wave counts.
Elliott Wave Counts
Inverted Head n Shoulder Chart Pattern Yet to confirm Breakout
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.
ADNOC Gas (ADX) – Riding Wave 5
Analysis:
The stock appears to be in Wave 4 completion, and Wave 5 seems to be forming as per Elliott Wave Theory. The recent pullback aligns well with a key demand zone around 3.39, which has been respected, indicating strong buying interest.
Wave Analysis:
- Wave (1): Impulsive move from a prior consolidation range.
- Wave (2): Corrective pullback, respecting prior demand.
- Wave (3): Strong impulsive move higher with increased momentum.
- Wave (4): A corrective pullback to a demand zone near 3.39, forming a higher low.
- Wave (5): Targeting 3.97-4.00 levels, aligning with a Fibonacci 1.618 extension of Wave 3.
Supply/Demand Zones:
- Demand Zone: 3.39-3.14 (validated as price has reversed strongly).
- Supply Zone: 3.97-4.00 (potential resistance as Wave 5 completes).
RSI Confirmation:
- RSI on lower timeframes (e.g., 4H and 1D) shows no bearish divergence, which supports continued bullish momentum for Wave 5.
Trade Setup:
- Entry: around 3.52.
- Stop Loss: Below the wave 4 low at 3.39 to minimize risk.
- Take Profit: Target Wav 5 completion at 3.97-4.00.
- Risk-Reward Ratio: Approx. 1:3
“Trade what you see, not what you feel.”
Stick to your analysis and avoid chasing the market if the price fails to confirm Wave 5.
Always use proper risk management. Allocate no more than 1-2% of your account balance to this trade to ensure sustainability.
Patience is a trader's greatest asset!
Happy trading! 🚀
Disclaimer:
This idea is for educational purposes only and not financial advice. Always do your due diligence and consult a professional before making any trading decisions. Trading involves significant risk, and past performance is not indicative of future results.
Tesla (TSLA) Elliott Wave Analysis: Uptrend OpportunitiesHigher Time Frame (HTF) Perspective (Weekly Chart)
Tesla has been in a strong uptrend since April 22, 2024, when it bounced from a major demand zone after being in a downtrend science Nov 2021.
with a clear Elliot wave 1,2,and 3 formations,
the impulsive Wave 3 on the HTF appears complete, with an expected retracement to Wave 4 levels in the $326–$293 zone, which aligns with a major demand area. This zone could serve as an excellent entry point for the next impulsive Wave 5 upward.
Lower Time Frame (LTF) Perspective (4H Chart)
Within the broader Wave 3, we see a potential wave extension forming as the 4H Wave 5, targeting the $470 level (1.618 Fibonacci extension of the Wave 3 move).
A strong resistance area is forming near the $365 swing high, which must be cleared for further upside confirmation.
Strategy Breakdown
1. Scenario: Bullish Continuation
Buy Stop Entry: Place a buy stop order above the last swing high at ~$365 to confirm breakout momentum.
Stop Loss: Below the swing low at ~$320, protecting against false breakouts.
Take Profit Target: Aim for $470, the projected extension of the lower timeframe Wave 5.
This setup ensures capturing the next leg higher while avoiding premature entries.
2. Scenario: Bearish Pullback
If the price fails to break above $365 and pulls back, monitor the broader HTF Wave 4 retracement.
Key demand zones are at $326–$293, supported by:
Fibonacci retracement levels (50%–61.8% of the Wave 3 move).
Historical accumulation zones.
Action: Wait for consolidation or bullish reversal patterns in this zone before entering long positions for the anticipated HTF Wave 5 targeting higher highs.
Risk-Reward Analysis
Upside Potential: From a confirmed breakout at $365, the potential gain to $470 offers a reward of approximately 105/share, which is a 29% upside.
Downside Risk: With a stop loss at $320, the risk per share is about 45/share, yielding a Risk-Reward Ratio of ~1:2.3.
Adjust position sizing to maintain your account's risk tolerance (e.g., 1%-2% per trade).
Analysis Summary
Tesla's technical setup provides two viable trade scenarios:
Riding the LTF Wave 5 to $470 if the $365 resistance breaks.
Waiting for the HTF Wave 4 pullback to the $326–$293 demand zone for a safer long entry.
"Be patient, monitor volume and momentum, and let price action confirm your entries."
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade responsibly and consider consulting a financial advisor before making trading decisions.
ACHR: Long Position (Two phases): Wave 5 and post-correctionToday, I want to share a trade idea on Archer Aviation Inc. (ACHR), leveraging the current market structure and technical indicators to maximize gains. This plan follows a two-step long strategy: first, capturing the ongoing Wave 5 rally, and then exiting to wait for the corrective ABC pattern before re-entering for a bigger move towards the Q1 2025 target.
Step 1: Ride the Wave 5 Momentum
ACHR is about to start its Wave 5 rally, offering an excellent short-term long opportunity. Let’s break it down:
Slow Stochastic Bullish Momentum
The Slow Stoch oscillator is signaling strong bullish momentum, albeit in overbought territory. This is typical during Wave 5 and suggests further upside potential before the trend exhausts. Staying with the momentum while it lasts can be very rewarding.
Massive Volume Spike
In the last three weeks, ACHR has seen a significant increase in volume, indicating strong buying interest. Volume often leads price, and this kind of activity strengthens the case for continued upward movement. The surge in interest can drive the stock toward its next key resistance around $9.84.
Fundamental Catalysts Driving Momentum
Recently, ACHR has achieved major milestones, such as progress on FDA approvals and securing new contracts and orders. These developments add to the bullish sentiment, attracting more traders and creating a supportive backdrop for the rally.
Trade Execution : Enter a long position now to take advantage of the current momentum and aim for a target near $9.84 (the resistance zone). Consider tightening your stop-loss to protect profits as the stock approaches this level.
Step 2: Exit, Wait for the ABC Correction, and Re-Enter for a Bigger Move
After completing Wave 5, the market is likely to enter a corrective ABC phase. This is where it’s smart to exit your position and wait on the sidelines. Why? The correction will likely bring the price down to a more attractive level, allowing for a better risk-reward setup for the next big move.
Once the ABC correction concludes, re-entering around the key support zone sets up a new long opportunity with an eye toward the Q1 2025 target of $12. The long-term fundamentals of ACHR and its growing momentum in the market make this a high-probability setup.
Trade Execution: Watch for the corrective phase after Wave 5 completes. Use Fibonacci retracement levels or support zones to identify a potential re-entry point.
Final Thoughts
This two-step strategy focuses on trading the immediate momentum of Wave 5 while preparing for the post-correction opportunity. The increased volume and bullish technicals, supported by ACHR’s strong fundamentals, create a high-confidence trade setup. Timing your entries and exits carefully will allow you to capitalize on both the short-term rally and the long-term upside.
What do you think?
Let me know your thoughts or how you’re planning to trade ACHR in the comments!
Alikze »» DUSK | Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
📣 BINANCE:DUSKUSDT is moving in an ascending channel on the weekly time frame.
🟢 In the previous rally, it stopped at the supply range of 55 cents and a corrective cycle was formed to the origin of the movement of 14 cents.
🟢 Currently, it is facing demand, considering the first movement wave and the correction to the origin of the previous movement.
💎 This movement wave is the third wave, which is located in the microwaves 3 of the first 3 waves, considering the current momentum.
💎 Therefore, in the first step: this movement cycle will have the ability to grow to the first supply zone.
⚠️ In addition, if the price correction enters the range of this validation level, the bullish scenario will be invalidated and must be re-examined and updated.⚠️
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BTCCOINBASE:BTCUSD It is possible that Bitcoin is forming a butterfly pattern as a completion of the 5th Elliott wave. In this case, it is possible to make corrections as shown in the picture by completing this model.
Since the financial markets are under the pressure of many factors and any factor can cause fluctuations in it, the provided analyzes are provided only to inform the general market environment and are not any suggestions to buy or sell. So be sure to trade with your trading strategy in this market.
ASX:FMG ELLIOTT WAVE ANALYSIS: 1 DEC, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Desgination).
So the wave ((iii))-navy could be unfolding to push higher, targeting the high around 23.84, a break of which would take us to 28.80.
While price must remain above 17.54 to maintain this view.