Bitcoin Elliott Waves Analysis: Short opportunityIn this lengthy video, I discussed the details of labelling and counting of waves for Bitcoin from daily to the 5 mins timeframes. I drilled down to the minuette waves (in orange) on the 5 mins timeframe. Take note that I made a mistake in the actual config of one of the orange waves (setting it as minute instead of minuette). The mistake happened on the 9:15 where I changed the color of the corrective wave A-B-C but did not change the degree.
In this video, I also discussed the alternate counts (in blue) in details.
But while both the primary and alternate counts are both short bias, the target entries (and thus risks) are different. if you are an aggressive trader, and want to trade on the alternate count, your stop will be set above the blue line where the alternate count is invalidated. If you are trading on my primary count, you will want to see reversal pattern (e.g. candlestick reversal) or see rejection at the red line.
In any case, good luck in your trading and remember to keep your risk tight!
Fibonacci
MSTR: Mid-term and Macro Price Structure As price holds below $344, odds favor a continuation lower to retest February lows, with later potential bounce and one more push to macro-support levels: 160/150-120 (with a potential extension to 105)
(see. recent idea on BTC price structure)
If BTC and broad market indexes show signs of stabilization and short-term strength over the coming weeks with MSTR price rising above 344, the odds are shifting to a more pronounce bounce to 400-460 resistance levels.
Weekly chart:
From a macro perspective:
as long as price remains below the 460 level, I consider the bullish trend since 2008 lows to have topped in November 2024, with current price action unfolding as part of a larger corrective Wave c.4 structure. Otherwise, If price reclaims ATH the door opens for an extension to 780-1280 resistance levels.
Monthly chart
Recent idea on BTC:
Key Observations From the XAUUSD COT DataKey Observations From the OANDA:XAUUSD COT Data
Non-commercial traders hold 324,333 long positions vs 73,451 short positions, showing strong bullish sentiment.
Spreads: Significant spread positions (332,329 contracts) suggest hedging strategies, but the longs clearly dominate.
Let’s break down this COT data and identify actionable insights for your XAU/USD trading strategy.
Here's my interpretation:
________________________________________
1. Open Interest Analysis
Total open interest is 851,437 contracts, which reflects the market's overall participation. A change of 24,835 contracts from 03/25/25 suggests increased market activity and potential volatility.
This surge might indicate that traders are repositioning ahead of significant events, which could align with your BBMA setups.
________________________________________
2. Non-Commercial Positions (Speculators)
Long: 324,333 | Short: 73,451 | Spreads: 332,329
Speculators hold significantly more long positions compared to short positions, indicating bullish sentiment.
The large number of spread positions (332,329 contracts) reflects hedging or complex strategies. This group expects potential movement but is balancing risks.
________________________________________
3. Commercial Positions (Hedgers)
Long: 136,052 | Short: 412,893
Hedgers (like producers or processors) are heavily short, suggesting that they are locking in current prices to mitigate risk if gold prices fall. This aligns with bearish sentiment from the commercial side.
________________________________________
4. Changes in Positions
Non-Commercial: Slight decrease in long positions (-391 contracts), but a notable increase in short positions (+7,312 contracts). This suggests speculators are preparing for possible downside risks.
Commercial: Both long (-18,799) and short (-28,736) positions decreased. This may indicate some unwinding of hedging activity.
________________________________________
5. Percent of Open Interest
Non-commercial positions account for 38.1% long and 8.6% short, showing speculative dominance on the bullish side.
Commercial traders hold 48.5% short, reinforcing bearish sentiment.
________________________________________
6. Integration Into My Strategy
Bullish Sentiment (Non-Commercials):
Combine this with your BBMA analysis:
Check for EMA50 support and Middle BB interaction near key Fibonacci retracement levels (e.g., 61.8% or 50%).
Look for strong MA5/10 crossing validation for buy setups.
Bearish Sentiment (Commercials):
Use this as confirmation for sell setups at confluence zones:
Price rejection near EMA50 resistance or oversold conditions breaking downward through Middle BB.
Validate sentiment shifts with FS movement and high confluence.
Manage Volatility:
With open interest increasing, consider tighter stop-loss placements and trailing stops to protect against sudden reversals.
TF Daily
Outlook Bullish
- Current at 0.382 (3039.82) from swing price 2832.72 to 3167.83 (ATH)
- 3039.82 at potential daily support level
- Price has stop at mid bb level of FR 0.382
0.5: 3000.27
0.618: 2960.73 (strong support)
TFH4
Outlook bearish
- Current at 0.786 (3035.50) from swing 4 to 5
- Level 0.786 potential reversal from bullish to bearish for mid term
- FE reach level 100% (3023.13) equal leg
0.382: Potential EMA Zone
0.5: Potential mid-bb + MAH Zone
TFH1
Outlook Bullish for H4 Retracement
Fibo Extension reach level 100% (3023.13) equal leg from the ATH
CSE SELL form (3015.65) follow TPW SELL
- TFD at 0.382 (3039.82) from swing price 2832.72 to 3167.83 (ATH)
- 3039.82 at potential daily support level
HIGH RISK SELL SETUP
ENTRY POINT: FR 0.382 (3061.62)
STOP LOSS: ABOVE FR 0.786 (3110.85)
TAKE PROFIT: FR EXT 1.618 (2940.80)
TAYOR
#ATQA - Egyptian stock#ATQA timeframe 1 hour
Created a bearish Gartley pattern
Sell point around 10.00
Stop loss / reentry 10.20 (estimated loss -1.65%)
First target at 9.60 (estimated profit 4.20%)
Second target 9.25 (estimated profit up to 7.70%)
NOTE: this data according to timeframe 1 hour.
NOTE: stock remains positive for long term.
It's not an advice for investing, only my vision according to the data on chart.
Please consult your account manager before investing.
Thanks and good luck.
#CIRA - Egyptian stock#CIRAtime frame 1 DAY
Created a Bullish Gartley pattern
Entry level at 14.10
Stop loss 13.60 (-5% estimated loss )
First target at 15.25 ( 8% estimated profit )
Second target 16.30 ( 15% estimated profit )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
PENDLEI'm take short selling, cancel close position if break above strong high
RR 1 : 2
DISCLAIMER:
what I share here is just personal research, all based on my hobby and love of speculation intelligence.
The data I share does not come from financial advice.
Use controlled risk, not an invitation to buy and sell certain assets, because it all comes back to each individual.
Cocoa Short: Completed wave 2 (or B) rallyI've previously publish an idea for Cocoa long because of ending diagonal. But it should be clear to an EWer that the down move was a 5-wave structure and thus the long idea was a wave 2 or B idea. Now that we have completed 3-waves up for Cocoa, I think it's time that Cocoa resumes it's down move again. The conservative target is set at the previous support, but I certainly expect it to move way below that target.
QQQ Stock Chart Fibonacci Analysis 040525Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 423/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
YINN Stock Chart Fibonacci Analysis 040525Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 30/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
DAX Stock Chart Fibonacci Analysis 040525Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 20,427/61.80%
Chart time frame: C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Bittensor at Make-or-Break Trendline — Bearish Targets Ahead?Bittensor is currently testing a key weekly trendline that’s held since mid-2023. A close below this level could confirm a break in market structure, opening the door to deeper downside targets.
⚠️ Key Levels to Watch:
- Holding the current trendline may lead to a short-term bounce.
- A breakdown targets the $168 – $136 zone, aligned with previous demand and Fib confluence (0.175 & 0.13 levels).
NIKKEI Stock Chart Fibonacci Analysis 040525Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 33,314/61.80%
Chart time frame: C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Rollercoaster Continues For SPYMy overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I am estimating this symbol to be in wave position SuperCycle 2, Cycle A, Primary 1, Intermediate 3 (pink), Minor 3 (yellow), Minute 3 or 4 (green). I originally had this symbol nearly complete with Primary wave 1, but the continued declines received significant wave 3 of 3 signals (pink lines in bottom chart band). It is still unclear if we are in my theoretical larger decline or if we are in a simple corrective wave. It will take at least another two months to likely achieve the answer.
Theory 1 is my hypothesis where we are about to finish Minor wave 3 in Intermediate wave 3 in Primary wave 1 in a multi-year market correction. This would see SPY bottom around 486 within two weeks and briefly head up toward 535 before continuing significant downward movement. Currently Intermediate wave 1 lasted 111 trading hours. Intermediate wave 3 is somewhat on pace to finish in the same amount of time around 17 April. Extensions based on Minor wave 1's movement could put Minor wave 3's bottom around 499.
Theory 2 is that Intermediate waves 1, 2 and 3 (pink) are actually waves A, B, and C (white) in a short-term corrective wave. This would mean this symbol returns to all-time highs around the fall of 2025.
Theory 3 places the stock in the third wave about to finish a wave A down over the next two months. Wave B up would last a few months before wave C takes the market to a bottom sometime around the end of 2025.
All three theories will observe the same movement over the next few weeks with a low soon and then a bounce up. Theory 2 becomes the likely winner if SPY breaks above 576.33 within the next 3 months. Theories 1 and 3 will trade the same for quite some time.
I will reevaluate this ETF once Minor wave 3 finishes. It should aid in providing a better bottom for Intermediate wave 3 in the next two weeks.
More Downside For AMZN Before CrossroadsMy overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I am estimating this symbol to be in wave position SuperCycle 2, Cycle A, Primary 1, Intermediate 3 (pink), Minor 3 (yellow), Minute 5(green). I originally had this symbol nearly complete with Primary wave 1, but the continued declines received significant wave 3 of 3 of 3 signals (pink lines in bottom chart band). It is still unclear if we are in my theoretical larger decline or if we are in a simple corrective wave. It will take at least another two months to likely achieve the answer.
Theory 1 is my hypothesis where we are about to finish Minor wave 3 in Intermediate wave 3 in Primary wave 1 in a multi-year market correction. This would see AMZN bottom around 148-156 within two weeks and briefly head up toward 180 before continuing significant downward movement. Currently Intermediate wave 1 lasted 201 trading hours. Based on the breakneck pace of Intermediate wave 3, it may finish well before the 201st hour on 5 May. Extensions based on Minor wave 1's movement could put Minor wave 3's bottom around 162.59.
Theory 2 is that Intermediate waves 1, 2 and 3 (pink) are actually waves A, B, and C (white) in a short-term corrective wave. This would mean this symbol returns to all-time highs around the fall of 2025.
Theory 3 places the stock in the third wave about to finish a wave A down. Wave B up would last a few months before wave C takes the market to a bottom sometime around the end of 2025.
All three theories will observe the same movement over the next few weeks with a low soon and then a bounce up. Theory 2 becomes the likely winner if AMZN breaks above 206.21 within the next 2 months. Theories 1 and 3 will trade the same for quite some time.
I will reevaluate this stock once Minor wave 3 finishes. It should aid in providing a better bottom for Intermediate wave 3 in the next week or two.
USOIL DROPS ABOUT 13% SO FAR THIS MONTH The USOIL has dropped about 13% in price this month and currently close at $62.27 per barrel. If we take into consideration, the nature of price movement since April 2020, we can see that prices has been on a steady upward trajectory since April 2020. By the way , we’ve seen a 50% retracement so far.
From technical standpoint, i anticipate a rise in price back to 67.08 next week.
BTC/USD 1W chartHello everyone, I invite you to review the BTC chart to USD at 1W interval. As we can see long -term despite the current correction, the price lasts above the main line of upward trend. Going further we can see how the current correction stopped at strong support at 79221 $, however, if the support is broken, then you can see the second very strong support at $ 72085, which is close to the upward trend line.
In a situation where the trend is reversed, we have visible resistance at $ 89147, then a significant level of $ 96784 and very strong support at the level of the previous ATH. Looking at the RSI, you can see how he begins to change the direction that can change the direction of the price.
Retracement complete?This is absolutely beautiful. Rode some of the move down (should have stayed in longer!) but I think potentially the downward technical move may be approaching an end, at least near term.
Long term, if the fundamental issue of tariffs and recession risk does not subside, we may see much lower levels given that we hit the upper end of a trendline that goes from 2000 and 2008 highs. I have more thoughts on this, but will revisit and do an update on the plot a month from now.