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Supply_and_demand

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.
NASDAQ:TSLALong
by MESHANL
Buy GBP/AUD Triangle BreakoutThe GBP/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.9525 Target Levels: 1st Resistance – 1.9578 2nd Resistance – 1.9606 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
16
DXY. Technical analysisHello traders and investors! The seller has returned the price to the range on the weekly timeframe (see the related post). The price is now below the upper boundary of the range at 106.952. We are monitoring the 106.083 level. If the buyer breaks through and defends it, it would be reasonable to look for buying opportunities. However, if the seller defends this level, selling will be the priority. You can use the 4-hour timeframe for monitoring. Good luck with your trading and investments!
CAPITALCOM:DXY
by AlexeyWolf
GOLD. I expect a correction below 2605Hello traders and investors! I expect a correction in the price of gold below 2605. The buyer did not defend the 2710 level (see the previous post), and the seller resumed from the price range of 2721–2759. As a result, a range has formed on the daily timeframe. The upper boundary is 2721.42, and the lower boundary is 2536.855. A seller's zone has developed at the upper boundary of the range (red rectangle on the chart). The current seller's vector is 6-7, with the first potential target at 2605.31. Just below is the level marking the start of the last buyer's impulse on the weekly timeframe—2604.39—which has already been manipulated (false breakout). Therefore, it’s likely that the buyer will resume from these price levels. If the buyer does resume, the first potential target is the lower boundary of the seller's zone at the upper boundary of the range (2668.2). Good luck with your trading and investments!
OANDA:XAUUSD
by AlexeyWolf
Buy EUR/CAD Bullish ChannelThe EUR/CAD pair on the M30 timeframe presents a potential Buying opportunity due to a a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 1.4795, This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.4874 2nd Support – 1.4912 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
5
EUR/USD Ready for Liftoff: Demand Zone Hold & Wave 1 Rally Incom"EUR/USD Ready for Liftoff: Demand Zone Hold & Wave 1 Rally Incoming 🚀" Analysis: Price has completed Wave (c) in a corrective structure and is primed for a bullish Wave (1) push. The pair is sitting strong in the 1.0200-1.0325 demand zone, showing signs of a bounce. Key Drivers: Forex Options Expiry: High activity around 1.0570-1.0600 today could act as a pivot zone for price. DXY Weakness: Dollar Index stalling below resistance supports EUR strength. The Setup: Long Entry: Look for buys near 1.0325 or on confirmation of a breakout above 1.0600. Stop Loss: Below 0.9538 (below the demand zone or the last swing low (wave c). Targets: T1: 1.1688 (Fibonacci extension level). T2: 1.2264-1.2345 (key supply zone). Risk-Reward Ratio: With a 6:1 RRR, this is a textbook setup for catching a multi-month rally. Quick Note for the Bulls: Stay patient for the demand zone reaction or confirmation of Wave 1 breaking higher. Protect your capital by sticking to the plan. Follow for more trade setups and share this idea to boost it to your trading circle! 💹 Disclaimer: This is not financial advice. Always manage your risk and trade responsibly.
Long
by MESHANL
2
BALAMINES: SUPPORT & RESISTANCE TRADINGBalaji Amines has been trading in a consolidating zone for an extended period, oscillating between well-defined support and resistance levels. This range-bound behavior reflects a lack of decisive directional movement, but also offers an excellent opportunity for range-based trading strategies. Technical Analysis: The stock has recently touched its support level for the 7th time, indicating a strong demand zone at this level. The repeated testing of support without a significant breakdown strengthens the case for a potential bounce. Key support: ₹ 1990-2000 Key resistance: ₹ 2441-2550 Trade Setup: Entry: Near the support level around ₹1990-2000. Target: ₹2441-2550, the upper boundary of the consolidation range. Stop Loss: Below the support level, to minimize risk if the support fails. Disclaimer: This analysis is for educational purposes only. Conduct thorough research or consult a financial advisor before making trading decisions.
NSE:BALAMINESLong
by VanshikaUdeshi
Sell AUD/CAD Triangle BreakoutThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9104 Target Levels: 1st Support – 0.9060 2nd Support – 0.9032 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
10
Sell EUR/JPY Bearish ChannelThe EUR/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 161.15 Target Levels: 1st Support – 159.88 2nd Support – 158.91 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
12
DOGE/USDT - Rising Wedge Breakout - H4 ChartThe DOGE/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Rising Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.3910 Target Levels: 1st Support – 0.3188 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
5
Weekly Crypto Facts: What to expect next?Hello traders and investors! Last week saw several interesting developments in crypto assets that may influence the situation in the coming days. BTC : The breakout impulse from the range on the weekly timeframe continues. This marks the fourth weekly consecutive bullish candle, with declining volume (!) compared to the previous three. This could indicate a lack of interest from both buyers and sellers at these price levels. We might see a consolidation period. A similar situation occurred recently on the daily timeframe, where consolidation lasted for six days before a new buying impulse formed (see the post from November 15). Note that the key candle for the breakout is now from November 11. DOT : The price formed a buyer's impulse on the weekly timeframe, surpassing 6.611 (the starting level of the last seller's impulse on the weekly chart). The volume and spread of the weekly candle are impressive. It’s possible that the price may rise further without a correction. If there is a pullback to 7.775–8 and the buyer resumes, it could present a buying opportunity. OP : The price broke out above the range’s upper boundary on the weekly timeframe (1.989). The weekly candle’s volume and spread are impressive. On the daily chart, the price has been consolidating above 1.989 for three days. We are watching for the price’s reaction to 1.989—whether the buyer will defend the breakout from the range. The key candle of the last buying impulse on the daily chart from November 21 crosses 1.989. If the seller pushes the price back into the range and defends this return (at 1.989), it could be an opportunity to look for short positions. SOL : The price updated its all-time high at 259.9. The weekly candle’s volume is declining, which may indicate a lack of interest from both buyers and sellers at these levels. A consolidation period could be ahead. We will assess the seller's reaction by the end of this week. TON : Factors have emerged favoring the realization of the buyer’s vector within the range on the weekly timeframe, with a target of 7.260. Good luck with your trading and investments!
by AlexeyWolf
Interesting facts of the week: What to expect next?Hello traders and investors! The past week brought several interesting events that may impact the situation's development in the coming days. The U.S. Dollar Index has reached the upper boundary of its range on the weekly timeframe at 106.952. There might be an attempt to reverse the long trend, with the idea of executing the seller’s vector within the range on the weekly timeframe (potential targets are 99.807 and 99.099). The Euro against the Dollar has reached the lower boundary of its range on the weekly timeframe at 1.04485. There might be an attempt to reverse the short trend, with the idea of executing the buyer’s vector within the range on the weekly timeframe (potential targets are 1.12142 and 1.12757). Gold , after bouncing off the 50% level (2538.5) of the last monthly buyer’s impulse, has broken through 2710.52, which was the beginning of the last seller’s impulse on the daily timeframe. On the weekly timeframe, there was a manipulation (false breakout) of the level where the last buyer’s impulse started (2604.39), and the weekly bar is impressive with its spread. On the one hand, there is an opportunity to look for buys, but on the other hand, a seller may appear just above in the 2721–2759 range. Let’s see who will win the battle for the 2710.52 level. SPX500 . The buyer is defending the breakout from the range on the daily timeframe. The buyer has absorbed the seller’s attack bar from November 15 (which had high volume) on the upper boundary of the range at 5891.6. As a result, a buyer’s zone has formed on the upper boundary of the range (upper edge of the zone is 5975.6). Additionally, the price dipped below the 50% level of the last buyer’s impulse on the daily timeframe. You can look for buying opportunities if the buyer reactivates from this zone. Good luck with your trading and investments!
OANDA:XAUUSD
by AlexeyWolf
Sell TURBO/USDT Triangle Breakout in H4The TURBO/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming Days. BINANCE:TURBOUSDT Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.0081 Target Levels: 1st Support – 0.0047 2nd Support – 0.0023 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
22
Alikze »» ETH | Supercycle Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Supercycle Bullish Wave 3 or C Scenario - 1W 🟢 BINANCE:ETHUSDT Ethereum currency in the weekly time frame: As mentioned in the previous analysis , the supply area can have two movement paths. 🟢As mentioned: The first scenario, after completing the first wave in the supply area with a correction to the support area of ​​the green box area, the range of $2,500 extended. Meanwhile, in the lower time frames, the details of the behavior of the Ethereum currency were also fully discussed. 🟢 However, in the 4-hour time frame, the ascending micro-waves of the first cycle were examined, as predicted, the ascending wave extended to the supply area of ​​3,200 to 3,500. 🟢 Therefore, the first cycle can end in the current range or slightly higher and form a zigzag correction to form a 3-of-3 ascending wave. 🟢 However, according to the movement path predicted in the previous analysis, this ascending cycle has the ability to grow at least to the 0.78 Fibo area of ​​the previous wave. 🟢 Considering that this cycle is inside a triangle, it can continue as long as the triangle base. 🔴 Important: Due to the application of the triangle base and the ability to grow to the supply area specified according to the Elliott scenario, this bullish cycle will be able to grow to the large supply area after breaking the 0.78 Fibo area. Considering the current momentum and the bullish engulfing candle in the green box area, the following targets can be touched. 🎯Previous major ceiling, 🎯 Next target 6832 🎯 9357 🎯 Specified supply area (large red box) ⚠️ In addition, in the first step, considering the first bullish cycle, I expect no correction to extend to the Invalidation LVL area. ⚠️ After that, and after the previous major ceiling area is broken, the Invalidation LVL area will be updated. In case of a change in behavior and structure, its details will be reviewed and updated. »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. 🙏Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
2
Buy AUD/JPY Bullish ChannelThe AUD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 101.04, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 101.94 2nd Support – 102.54 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
3
Sell NZD/CAD Triangle BreakoutThe NZD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.8240 Target Levels: 1st Support – 0.8210 2nd Support – 0.8195 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
4
Nov.12-Nov.18(ETH)Weekly market recapAs the cryptocurrency market continues to expand, several factors will influence the sustainability of the current upward trend. Firstly, the direction of the Federal Reserve's monetary policy is crucial. If inflation resurges and leads to a tightening of monetary policy, it could pose a significant obstacle to market gains. Additionally, the implementation of specific policies by the Trump administration, including the establishment of regulatory frameworks and strategic reserves, will also play a vital role. Moreover, the ongoing participation of institutional investors is a key factor, as their capital flows often have a substantial impact on market trends. Currently, the cumulative net inflow for BTC ETFs stands at $27.714 billion, while ETH ETFs have seen a net inflow of $139 million. It is noteworthy that since August 5 of this year, Tether has minted over $7 billion USDT on the Ethereum blockchain. Changes in the supply of stablecoins have become an important market indicator; an increase in stablecoin supply not only reflects market confidence in cryptocurrencies but also provides potential support for subsequent price increases. After retreating to around $3,000 last week, ETH has been experiencing fluctuations. The blue bars of the WTA indicator, which represent whale activity, are still present. The orange wave area of the ME indicator has shifted to purple, indicating a strengthening of bullish sentiment. In summary, we believe that ETH may rise this week, but it is essential to remain cautious of price volatility risks. We maintain a resistance level at $3,400 and a support level at $3,000. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
COINBASE:ETHUSDLong
by Sypool
Nov.12-Nov.18(BTC)Weekly market recapAs the cryptocurrency market continues to expand, several factors will influence the sustainability of the current upward trend. Firstly, the direction of the Federal Reserve's monetary policy is crucial. If inflation resurges and leads to a tightening of monetary policy, it could pose a significant obstacle to market gains. Additionally, the implementation of specific policies by the Trump administration, including the establishment of regulatory frameworks and strategic reserves, will also play a vital role. Moreover, the ongoing participation of institutional investors is a key factor, as their capital flows often have a substantial impact on market trends. Currently, the cumulative net inflow for BTC ETFs stands at $27.714 billion, while ETH ETFs have seen a net inflow of $139 million. It is noteworthy that since August 5 of this year, Tether has minted over $7 billion USDT on the Ethereum blockchain. Changes in the supply of stablecoins have become an important market indicator; an increase in stablecoin supply not only reflects market confidence in cryptocurrencies but also provides potential support for subsequent price increases. Last week, BTC exhibited a volatile trend, with significant price fluctuations. The WTA indicator shows the appearance of blue bars representing whales, indicating the presence of large capital. The purple wave area on the ME indicator is widening, suggesting a strengthening bullish sentiment. In summary, we believe BTC may experience an upward movement this week, but caution is warranted regarding price volatility risks. We have adjusted the resistance level to $95,000 and the support level to $85,000. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
COINBASE:BTCUSDLong
by Sypool