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Wave Analysis

XAUUSD Hitting 44 year ResistanceGold is currently hitting a key resistance area that goes back to 1980 (44 year) trendline. Some time may be required to correct and absorb this recent bull move. However, I would not be selling out of it completely if that's what one wishes to do with this information. I prefer people read this chart as a good way to set their expectations in case Gold stalls for a while to prevent them from panicking out of this position. Longer term I remain bullish on gold. Especially with Trump the 6-time bankrupt "businessman" being the 47th
FX:XAUUSD
by RealMacro
12
DLTR Bullish Setup – 1:10 R:R at Support Zone with Buyer AccumulNASDAQ:DLTR is currently trading at a key support zone, aligning with its historical uptrend. In the last month, several stop-losses were triggered, clearing out weaker hands. Recent price action shows candles with spikes, suggesting that buyers are accumulating at these levels. While volume isn’t massive, it has increased, indicating growing interest. With the all-time high (ATH) still within reach, the setup offers a 1:10 risk-to-reward ratio , making this a solid opportunity if support holds. Watching for confirmation of a rebound! 📈🚀
NASDAQ:DLTR
by PattRec
Polkadot: Shaky SupportPolkadot remains weak, barely holding onto the round $4 mark on Friday. Primarily, we soon expect another sell-off below the support at $3.67 and into the orange Target Zone between $2.40 and $1.07. Once the low of the magenta wave is reached down there, the next major impulsive movement can start and carry the price back above the resistance at $5.38. If Polkadot turns sustainably upward now and directly breaks through the $5.38 mark, the next magenta impulse wave alt. will begin prematurely. In this 20% likely alternative scenario, the corrective structure (still ongoing according to the primary scenario) would have already been completed with the low of March 11.
BINANCE:DOTUSD
by MarketIntel
Bullish scenario... sort ofThis messy chart is how I view the world of crypto. This chart is in log and shows what I believe is the cycle of crypto miners and crypto in general. For this to play out I would want to see a bounce at the target one zone or just beyond it and then there will be a bounce, which is the final c leg up before the real correction begins and could take mara to the very lows, past target 2. This final leg up would last until about september to october before the correction. Only time will tell and this is highly optimistic with the way current price action has played out. Please note that my elliott wave analysis is far from perfect and I make changes to when to correct errors in my interpretation of the rules and this is one possible scenario. Will update as required.
NASDAQ:MARAShort
by picea13
General Motors (NYSE: $GM) Reports 17% Y0Y in Q12025 Sales General Motors (NYSE: NYSE:GM ) opened at $44.46 on April 4th, 2025, down 3.91%. The stock declined $1.80 in early trading. This came a day after Trump’s new 25% auto import tariffs took effect. In a report released on April 2nd, GM delivered 693,363 vehicles in Q1 2025, a 17% year-over-year increase. This marked the company's best Q1 since 2018. In Q1 2024, GM sold 594,233 units. The automaker led in truck and compact SUV sales. Electric vehicle sales surged 94% to 31,887 units. GM currently remains the second-largest EV seller in the U.S, behind Tesla. Other automakers posted mixed results. Ford's sales declined by over 5% on Thursday due to the tariffs. GM’s growth came partly due to early consumer purchases ahead of the tariffs. Retail sales jumped in March, with buyers seeking to avoid expected price hikes. Tariffs Threaten GM's Supply Chain Trump’s 25% tariffs on imported vehicles started on April 3rd. According to the White House, tariffs on auto parts will begin no later than May 3. Barclays analyst Dan Levy noted that only 52% of GM’s U.S sales in the first three quarters of 2024 came from domestic production. The rest came from plants in Mexico (30%) and other countries (18%). Levy added that GM depends on imports for models like the Equinox and Blazer. These are mostly built in South Korea and Mexico. The tariffs will likely increase production costs and squeeze margins. Despite strong Q1 performance, GM faces near-term risks from global trade tensions and supply chain disruption. Technical Analysis: Price at a Key Support Level. GM stock has been retracing from its $61.24 52-week high in November 2024. It now tests a strong support level at $43, which aligns with the 78% Fibonacci retracement level. If GM bulls hold this key support level, they could trade bullish towards the $53 target resistance. The $53 high serves as a key resistance level of an internal structure high and March high. However, a break below $43 may push the stock lower, with the next potential support at $39, which aligns with 100% retracement level. Forecast: Watch for Breakout or Breakdown GM's technical position is delicate. A rebound from $43 could start a continuation of the trend. But extended trade risks and import costs could drag it down further. The company’s stock has fallen over 11% year-to-date. Analysts on TipRanks rate it a Moderate Buy. The average price target is $62.17, offering a 42% surge from the current market price. With the earnings date set to be released on Apr 29, 2025, this will provide more clarity on the overall market sentiment.
NYSE:GMLong
by DEXWireNews
Using Fibonacci/Measured Moves To Understand Price TargetThis video is really an answer to a question from a subscriber. Can the SPY/QQQ move downward to touch COVID levels (pre-COVID High or COVID Low). The answer is YES, it could move down far enough to touch the pre-COVID highs or COVID lows, but that would represent a very big BREAKDOWN of Fibonacci/ElliotWave price structure. In other words, a breakdown of that magnitude would mean the markets have moved into a decidedly BEARISH trend and have broken the opportunity to potentially move substantially higher in 2025-2026 and beyond (at least for a while). Price structure if very important to understand. Measured moves happen all the time. They are part of Fibonacci Price Theory, Elliot Wave, and many of my proprietary price patterns. Think of Measured Moves like waves on a beach. There are bigger waves, middle waves, smaller waves, and minute waves. They are all waves. But their size, magnitude, strength vary. That is kind of what we are trying to measure using Fibonacci and Measured Move structures. Watch this video. Tell me if you can see how these Measured Moves work and how to apply Fibonacci structure to them. This is really the BASICS of price structure. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
NASDAQ:QQQEducation
by BradMatheny
1
BTC/USDT Analysis: Local Growth or Continued Decline?Yesterday, Bitcoin continued its decline from the previously mentioned volume zone, but there was no confirmed breakdown below it or a breach of the local low. At the moment, a trend reversal to the upside has formed. Currently, the zone of accumulated volume has shifted and is now located in the $83,600–$82,500 range. A breakout above or below this zone will define the local trend for the coming days. Our primary scenario considers an upward move toward the $85,600–$88,000 sell zone (absorption of buyer aggression), from where we expect selling pressure to resume. Sell Zones: $85,600–$88,000 (absorption of buyer aggression) $95,000–$96,700 (accumulated volumes) $97,500–$98,400 (pushing volumes) $107,000–$109,000 (volume anomalies) Buy Zones: $77,000–$73,000 (volume anomalies, pushing volumes)
by Crypto_robotics
Bitcoin Faces a "Resistance Lines WALL" – Breakout or Breakdown?Bitcoin ( BINANCE:BTCUSDT ) started to rise as I expected in my previous post and hit all targets . Will Bitcoin continue the upward trend of the past two days!? Please stay with me. First of all, I have to say that Bitcoin is facing a Wall of Resistance lines ( intersection of at least 4 Resistance lines ). Do you think Bitcoin can easily break these resistance lines with a single attack? Bitcoin is trading near the Resistance zone($87,520_$85,840) , Potential Reversal Zone(PRZ) , and a Series of Resistance lines . In terms of the Elliott Wave theory , Bitcoin appears to have completed Corrective waves . The corrective wave structure in the Ascending Channel is a Double Three Correction(WXY) . I expect Bitcoin to drop to $85,000 in the first step in the coming hours. The Second target is $84,333 , and if the Support zone($84,430_$83,170) is broken, we should wait for the CME Gap($80,760_$80,380) to fill. Do you think Bitcoin can break the wall of the Resistance lines, or will it start declining again? Note: Donald Trump's speeches over the next hours could also affect the market, so trade a little more cautiously during this hour. Trump’s Speech & Potential Tariffs In today’s speech, Trump is expected to discuss new tariffs on imports from China, Mexico, and Canada, possibly ranging from 20-25%. If confirmed, this could impact global markets, strengthen the USD, and increase economic uncertainty. Note: If Bitcoin touches $89,000, we should most likely expect more pumping. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
27
Gold’s Rally Pauses – Correction Incoming!!!Gold ( OANDA:XAUUSD ) started to correct at the Potential Reversal Zone(PRZ) and near the upper line of the Ascending Channel . The question is, will we have a minor correction or a major correction(main)? Gold is moving near Resistance lines and Fibonacci levels and was able to breaks the Uptrend lines . I view the upward movement of the last few hours as an upward correction , which will likely cause gold to fall again. In terms of Elliott waves , it looks like Gold has completed a major wave 5 and I expect Gold to start a major corrective wave . In Gold's history , major impulse waves have completed precisely near the upper lines of ascending channels . I expect Gold to decline at least to the Support zone($3,100-$3,085) , if gold can break the lower line of the ascending channel, we can be more confident that we are in the main corrective waves . Do you think Gold can create a new All-Time High(ATH) again? Note: If Gold goes above $3,130, we can expect more pumps and a new All-Time High(ATH). Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
10
S&P 500 - Elliott Wave Bearish BreakdownThis S&P 500 E-mini Futures (ES) daily chart highlights a potential bearish Elliott Wave structure following rejection from a key resistance zone. - The market encountered strong resistance near the 5,600 level, leading to a sharp decline. - A five-wave impulsive bearish structure appears to be forming, with Waves (1) and (2) already completed. - If this pattern continues, Waves (3), (4), and (5) could drive prices lower, targeting key support levels in the coming weeks. Traders should watch for confirmation of Wave (3) acceleration, as it is typically the strongest wave in an impulse. A break below recent lows could confirm further downside, while a strong bounce from lower levels may indicate a correction or trend reversal. Risk management remains crucial, as volatility can increase during corrective and impulsive waves. Keep an eye on macroeconomic factors and technical confluences for additional confirmation.
CME_MINI:ES1!Short
by wdstrades
3
USDPLN Retesting the break line and support zone LONGHello fellow traders, Here is my idea for the pair USD PLN with major support level and retest of the break downtrend line. This is just an idea not a trading advise, always protect your capital, here I have a s/l below 3.76-3.65 when triggered I will manually react, with the T/P as indicated first at 4.2 and second 4.4 being Fob levels of usual reaction, also, the tarrifs are now sorted, dollar has also dipped and with a chance for recovery following the tax relief for businesses settling in USA good chance for the prosperity of the country and their currency all the best, good luck
Long
by lb-counts
AAPL - support & resistant areas for today April 4 2025The key support and resistance levels for AAPL today are above. Follow me to get this notified when I publish in the morning. My group in my signature, get these first, then ideas, and then minds; I also post these for QQQ TSLA META VIX in my group, so join if y'all haven't. Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 30 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, Or how to trade this? Comment on this.
NASDAQ:AAPL
by OnePunchMan91