Check the trend According to the behavior of the price in the current support range, possible scenarios have been identified.
It is expected that the corrective trend will advance to the range of the support trend line
Neo Wave
Uptrend It is expected that the upward trend will be formed up to the specified resistance range, then according to the price behavior in this range, the continuation of the movement trend will be according to the specified paths.
Change the trend According to the specified resistance ranges, it is expected that the current upward trend will end and we will see the beginning of the correction process.
If the index stabilizes above the green resistance range, the continuation of the upward trend will be likely
Correction It is expected that after some fluctuation and correction, an upward trend will be formed up to the specified resistance range, then the possibility of changing the trend and starting the downward trend will be likely.
Check the trend Considering the behavior of the price in the current support range, it is expected that the continuation of the upward trend will take place and pass the resistance range.
Otherwise, it will be possible to continue the corrective process up to the green support range
GOLD..........WEEKLYIn the weekly time, gold was rising in a rising 5-wave, and the Elliott targets of this 5-wave based on Fibonacci patterns are at $2605 and $2670.
In the chart, due to the divergence in oscillators and neutral candles in the last two weeks, there is a possibility of buyers retreating.....
I checked that in the last 6 years, with the beginning of September, gold enters the correction and suffering phase... Probably the same thing will happen this year....
In times lower than weekly, there is still an upward buying and suffering trend, and after changing the structure, you can enter sell positions in the resistances.
GMX sell/short setupFrom where we put the green arrow on the chart, it looks like a triangle is forming.
Now we seem to be at the end of wave d.
We are looking for sell/short positions in the red range. In this range, the e-wave and the whole triangle can be completed.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TNSR ANALYSIS (6H)TNSR is in a correction.
This correction seems to be a diametric because there is a good time and price similarity between the waves.
Now we seem to be at the beginning of wave E of this diametric.
Each wave is between 22-36 days. Wave E is expected to have a period of 22-36 days.
From the supply range, it can be rejected towards the targets specified on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XAUUSD Analysis: A Quick OverviewXAUUSD is the ticker symbol for gold prices quoted in US dollars. Gold is often considered a safe-haven asset, meaning its value tends to increase during times of economic uncertainty or market volatility.
Key Factors Influencing XAUUSD:
Interest Rates: Higher interest rates can make gold less attractive as investors may choose to hold interest-bearing assets instead.
Inflation: High inflation can drive up the price of gold as it's seen as a hedge against inflation.
US Dollar Strength: A stronger US dollar can put downward pressure on gold prices as it becomes more expensive for non-US investors.
Geopolitical Events: Global tensions or crises can boost demand for gold as a safe-haven asset.
Supply and Demand: The balance between gold production and consumption can also impact prices.
XPTUSD Analysis by NEOWave WayXPTUSD Analysis: A Deep Dive into Platinum's Price Dynamics
XPTUSD is the ticker symbol for platinum priced in US dollars. Platinum, like gold and silver, is a precious metal often used in jewelry, industrial applications, and investments. Its price is influenced by a complex interplay of factors, including supply and demand dynamics, economic conditions, and geopolitical events.
Correction It is expected that the current upward trend will end in the current resistance range and we will see the beginning of the downward trend
Change the trend It is expected that the price will change the trend in the current resistance range and we will see the beginning of the downward trend.
After crossing the resistance range, the continuation of the movement process will proceed according to the specified paths
Correction It is expected that the price will change the trend in the current resistance range and we will witness the beginning of the downward trend.
Otherwise, the continuation of the upward trend is likely
Possibility of change the trend An uptrend is expected to form up to the specified resistance range. Then according to the behavior of the price, the continuation of the upward trend will be probable.
As long as the price is not above the 78.6% level, the trend will be downward
Check the trend Considering that the price is moving in a triangle pattern, according to the reaction of the price in the specified support and resistance ranges, the continuation of the movement process will be determined.
Possibility of correction The uptrend is expected to advance to the specified resistance range. Then, according to the behavior of the price in this range, the continuation of the downward trend will be probable
Correction It is expected that the continuation of the downward trend will be formed according to the specified paths
If the price stabilizes above the green resistance range, the continuation of the upward trend will be likely
Possibility of correction As long as the index does not stabilize above the 88.6% level, there will be a possibility of changing the trend. Otherwise, the upward trend is likely to continue
Check the trend Considering the behavior of the price in the current support range, there will be a possibility of a trend change. As long as the price does not stabilize above the previous ceiling range, the downward trend is likely to continue
Uptrend According to the behavior of the price in the current support range, possible scenarios have been identified.
It is expected that an upward trend will be formed and advance to the previous ceiling range
S&P500 NeoWave IdeaP 500 NeoWave Idea: A Potential Elliott Wave Analysis
Disclaimer: While Elliott Wave Theory can provide valuable insights, it's essential to remember that it's a subjective analysis tool, and market movements can be unpredictable. Always conduct thorough research and consider multiple factors before making investment decisions.
TURBO may become bearishWith the wave count of the total data we have on the chart, it looks like we have a large diametric on the chart that we are now in wave G of this diametric. In diametrics, the G wave is the final wave.
It seems that the structure of wave G is a triangle, and now we are in wave e of this triangle. Wave e in triangles is the final wave.
With these interpretations, it won't take long for TURBO to become a bear.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FLOKI ROADMAP (1D)From the place where we placed the red arrow on the chart, FLOKI's correction seems to have started.
This correction looks like a diametric that we are now in the D wave.
In the red box, wave D can end and we can enter wave E.
Closing a candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
