Get started

Wave Analysis

2025.05.30 BITCOIN LONGWe are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. At present, the 1.902 Crab pattern has been clearly completed on the chart, and it is therefore a point where entering a long position can be considered. This pattern suggests a strong rebound potential within the PRZ (Potential Reversal Zone), and particularly, the fact that point D in the X-A-B-C-D structure precisely aligns with the 1.902 Fibonacci ratio increases its reliability. This serves as an important signal that indicates the possibility of buying pressure inflow in an oversold zone. Assuming the validity of this Crab pattern, three major take-profit targets can be established based on Fibonacci extension and Elliott Wave counting. First Target: 106611 This zone overlaps with the 38.2% Fibonacci retracement level of the previous downward wave, and if a short-term rebound occurs, it is likely to act as the first resistance. It is a price level where partial profit-taking can be considered for the sake of avoiding quick stop-outs and for risk management. Second Target: 107123 The second target corresponds to the average retracement level that the Crab pattern typically reaches. It also converges with the previous high, where relatively strong selling pressure may appear. Therefore, a strategy of taking profits on approximately 50–70% of the position is valid. Third Target: 107600 The final target can be seen as the maximum expected zone of an extended rebound from a structural standpoint. This area may coincide with a momentum zone formed upon breaking the previous high. However, as this is a zone where strong selling pressure can occur, close monitoring and the application of a trailing stop are recommended. In addition to technical analysis, it is important to confirm the validity of the entry by examining candlestick patterns and volume trends. Especially, the appearance of strong reversal candlesticks and rising volume at point D can further enhance the credibility of the buy signal.
Long
by SeoVereign
SNPS – Dangerous Correction Wave Nearing Completion?The wave structure marked in red often indicates a corrective move. While it appears impulsive at first glance, such formations typically end with a strong candle in the direction of the trend, followed by a full retracement. This rally is likely not a new bullish impulse but a complex correction within a broader downtrend. Volume remains relatively muted compared to previous sell-offs, reinforcing the corrective nature of the current wave. Due to the structure's unreliability and tendency to reverse sharply, this is a highly dangerous zone to enter a long. However, for experienced traders, a minimal long position with a trailing stop may be considered for a final push toward the resistance zone around $590. A failure to break that zone with volume will likely lead to a rapid decline back to previous lows around $400 or even $360.
NASDAQ:SNPS
by CakirInsights
Chart Pattern Analysis Of Bitcoin From K1 to K3, It is a three soldiers advancing pattern, It close below the uptrend line and the neck line of a potential double top pattern. It seems that a short-term bear run will fall to test 102K area. I will try to buy it there if the following candles couldn’t close below 0.618fib line. On the other hand, If K4 return back upon the neck line immediately, K3 will be a fake down and the following candles will keep climbing up to test 112K area. Short-106318/Stop-107318/Target-102188
COINBASE:BTCUSDShort
by nothingchangehere
2025-05-29 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well. comment: I don’t know what’s more likely to happen tomorrow and every time I feel that way, market is in a trading range and most likely neutral. Big up, big down, big confusion. Read some Al Brooks. Volume was big today but given that bears only managed to close 60 points below Wednesday, what did they achieve? RTH session closed the gap but not more. Futures obviously had a nasty reversal but we can still draw a decent bull wedge with lows either 21300 or 21100 and that would mean bulls would be favored to trade back up. current market cycle: trading range key levels: 21000 - 22000 bull case: Bulls who want to buy 21400 would likely need a stop 20700 and scale in. Is this a good trade? I don’t think so. You either wait for better confirmation that today’s low is credible and will hold or you wait for lower prices closer to 21000 before going long. I doubt this bull wedge will just end like this and that we top out with 21858. I expect at least some form of double top with a print up to 21700 or higher. The middle of the current range is 21300 and market bottomed out there today. Maybe this fact makes it a bit more favorable for the bulls. Invalidation is below 21300. bear case: Below 21300 bears could try to go for 21000 or even last weeks low at 20727. How likely is that? Today’s selling was very strong and it was at the moment everything was max bullish and perfect aligned. You do not see these type of reversals in a strong bull trend. We are very likely in the last days of it before we go down lower. That being said, I just don’t think we will go down further from here without another try of 21800+. I have two potential bull wedges on my chart and bears would need a strong move below 21300 and stay around 21000 for me to abandon that structure. Invalidation is above 22100. short term: Neutral and need a very good signal to either side for me to take it. Bears want 21000 and bulls at least 21800. My line in the sand is 21300. medium-long term - Update from 2024-05-24: Will update this section more after the coming week but in general the thesis is as for dax. Down over the summer and sideways to up into year end. I don’t think the lows for this year are in. trade of the day: Buying Globex open was the obvious trade but shorting the highs certainly was not and I think everyone was surprised by this bear strength today.
CME_MINI:MNQ1!
by priceactiontds
"FR40 TIME-BOMB TRADE: PROFIT BEFORE THE CLOCK RUNS OUT!"🔥 FRANCE 40 HEIST: STEAL THE TREND LIKE A MARKET BANDIT! 🚨💰 Locked & loaded for the FR40 (FRANCE 40) heist? This slick blueprint cracks the code to loot profits—blending killer technicals with macro intel. Ride the bullish wave, but dodge traps near the Overbought Zone. Bears lurk, so secure your bag before the reversal hits! 🐻💨 🎯 ENTRY: STRIKE LIKE A PRO THIEF Long the breakout near 7900.0 (or) ambush pullbacks at 7620.0 or above. Set stealth alerts to catch moves in real-time. 🕶️🔔 🛡️ STOP LOSS: ESCAPE ALIVE Hide stops under the last 4H swing low/wick—no reckless bets! Adjust for your risk—survivors play smart. ⚡ 💸 TAKE PROFIT: VANISH WITH THE LOOT Main Target: 8150.0 (or bail early if momentum fades). Scalpers: Trail stops & ghost out with quick wins. 🏃‍♂️💨 📡 WHY THIS HEIST WORKS FRANCE 40's on fire: Fundamentals + COT data + macro tides align. Sentiment’s bullish, but stay sharp—links below for the full intel. 🔍🌐 ⚠️ WARNING: NEWS = POLICE SIRENS Avoid new trades during high-impact news. 📢 Lock profits with trailing stops if you’re already in. 🔐 🤝 JOIN THE TRADING MAFIA Smash LIKE, drop a comment, & let’s dominate the US100! � Ready for the next big move? Stay tuned. 👀 Happy hunting, chart pirates! 🏴‍☠️📉
PEPPERSTONE:FRA40Long
by Thief_Trader
Apollo Tyers Weekly Chart – Elliott Wave Outlook Technical Overview Apollo Tyers has shown a strong structural uptrend over the past few years. Using Elliott Wave Theory, the stock appears to be completing a classic 5-wave impulse pattern on the weekly chart. Elliott Wave Count Breakdown Wave (1) to (3): A clear and powerful uptrend, supported by increasing volume and price acceleration. Wave (4): Currently in progress – the stock is undergoing a complex corrective structure, often seen in Wave 4 phases. Wave (5): Yet to unfold. Based on Fibonacci projections, the minimum target for Wave 5 is ₹650. Key Observations ✅ The price took strong support at the 200 EMA on the weekly chart — a crucial indicator used by institutional traders to gauge long-term trend strength. 🔄 The ongoing correction seems to be complex (likely WXY or triangle-based) rather than a simple ABC. 📐 Fibonacci levels suggest the next leg higher (Wave 5) could target the ₹650 zone, with further potential beyond if momentum sustains. Strategy Insights If the corrective Wave (4) is indeed near completion: NSE:APOLLOTYRE Investors may look for confirmation via a breakout above recent consolidation highs. Traders can wait for trend confirmation with volume and price action before entry. Stop-loss could be managed below the 200 EMA or below the recent swing low of the corrective move.
NSE:APOLLOTYRE
by chartgola
Analysis and strategy of the latest gold trend on May 29: Focus on core contradictions New trend of long-short power game The sharp contrast between the 5% surge last week and the 1.25% plunge this week reveals that the market has huge differences on the value center of $3,300 The negative correlation between the US dollar index and gold has increased (the recent correlation coefficient has reached -0.82), and the key watershed of the US dollar index of 102.5 needs to be monitored simultaneously Ranking of the influence of macroeconomic data Priority ①: Friday core PCE (the most favored inflation indicator by the Federal Reserve, expected to be 4.6%) Priority ② ：Revised GDP value on Thursday (previous value 1.6%) Priority ③: Initial jobless claims (four consecutive weeks above 210,000 indicate a cooling of employment) Three-dimensional positioning of technical aspects Multi-period resonance analysis Weekly: 5-week moving average (3282) and Bollinger middle rail (3265) form a support belt Daily: MACD column shrinks but does not cross, suggesting adjustment rather than reversal Key price matrix Strong and weak boundary: US$3,300 (trading concentration area in the past 20 trading days) Attack and defense space: Upward: 3325 (Fibonacci 38.2%) → 3365 (weekly previous high) Downward: 3280 (May option biggest pain point) → 3250 (200-day moving average) Trading strategy Scenario 1: Pre-data shock (probability 65%) Operation: 3285-3325 interval grid trading Buy strategy : Long at 3288-3290, stop loss at 3278, target at 3318 Short strategy: Short at 3320-3325, stop loss at 3332, target at 3292 Position management: No more than 3% per transaction, profit and loss ratio 1:3 Scenario 2: PCE data breakthrough (probability 35%) Bull breakthrough: Confirmation condition: 30-minute closing above 3330 Chasing strategy: Add positions after falling back to 3315, stop loss at 3300, target at 3360 Short breakthrough: Confirmation condition: Hourly line falls below 3270 Chasing strategy: Short at rebound at 3280, stop loss at 3295, target at 32 30 Risk warning system Black swan monitoring Geopolitical risk indicators: observe the dynamics of the Russian-Ukrainian front + Middle East tanker premium rates Liquidity risk: track the 3-month LIBOR-OIS spread (currently 26bp) Trading strategy recommendations: Algorithmic strategy: adopt a mean reversion + momentum breakthrough combination strategy Asian session: RSI (14) 30-70 range shock trading European and American session: Bollinger bandwidth breakthrough strategy Hedging plan: buy gold volatility ETF (GVZ) to hedge unilateral risks The current market is in a wait-and-see state before major data, and it is recommended to maintain a position below 50%. Medium and long-term investors can establish bottom positions in batches in the 3250-3280 area, and short-term traders focus on reverse trading opportunities after the 3315 false breakthrough. Remember: before the Fed's policy shift is confirmed, every deep adjustment of gold is a strategic position building opportunity.
FOREXCOM:XAUUSD
by Golden_Line_FX
Elliott Wave Analysis – XAUUSD H1 Timeframe 29/05/2025 🔍 Current Wave Structure Price is currently correcting within a WXY structure, also known as a double zigzag. At the moment, the market is progressing through wave Y, with two potential targets: 🎯 Target 1: 3245 – already reached, and price has bounced sharply from this zone. 🎯 Target 2: 3215 – a deeper target, requiring further confirmation from price action and real-time momentum. 📈 If wave Y has already ended at 3245, the market may now be in wave 1 of a new bullish cycle. Once wave 1 completes, we’ll look for wave 2, which typically offers a prime entry point for wave 3. 👉 Wave 2 often forms as a zigzag or flat correction. Using Fibonacci confluence and liquidity zones, the potential wave 2 pullback area is 3265 – 3262. ⚡️ Momentum Outlook 🕯 D1: Momentum is entering oversold territory → high probability of bullish reversal today or tomorrow. 🕯 H4: Reversal setup is forming; current H4 candle closes in just over an hour → watch for confirmation. 🕯 H1: Momentum is rising. Wait for a pullback in H1, followed by renewed bullish momentum without breaking below 3245 — that’s likely the end of wave 2 and the entry point for wave 3. 📌 Important Note: If H4 momentum reverses downward and price fails to break above 3324, it could signal a continuation of the broader downtrend, with 3215 remaining as the next wave Y target. 🛒 Trade Setup BUY ZONE: 3265 – 3262 Stop Loss: 3255 Take Profits: • TP1: 3290 • TP2: 3324 • TP3: 3346 ❗️ If price breaks below 3245, it would confirm that wave Y is still in progress. In that case, monitor the 3215 zone for a new buying opportunity.
OANDA:XAUUSDLong
by WavePoint_FX