Get started

Wave Analysis

SILVER POSSIBLE SELLThe market is currently testing the current Daily 0.618Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
OANDA:XAGUSDShort
by WiLLProsperForex
Wave4 is complete, here setup for wave5CRYPTOCAP:OTHERS setup very much same to CRYPTOCAP:TOTAL3 only difference is level of wave4 retracement - 0.62 compare to regular 0.5 on TOTAL3 that is more common for wave4. But consider that OTHERS consist more meme coins its no surprise it have deeper retrace. Both wave2 and wave4 completed same sized wave correction. But even with such deep retrace its not overlapping with wave1, thus regular targets as 420B(1.272) or 515B(1.618) are what can be expected based on closed price projection. 1.272 provide reasonable projection and stay within monthly range, but consider fact this index of everything but top10 it can skew on extremes easily. And there more conservative/alternative way to calculate projection that give us zone of 400B-455B of interest. Timing wise, last 3 times crypto peaked around December plus minus month. But all previous bulls markets have 24-28 month cycle from lowest monthly bar of bear market. Thus making this December - 24 bar peak on low end and early spring on high end to reach it.
CRYPTOCAP:OTHERSLong
by tepmoc
SCHG Correction in 2025 but Long-Term Rocket Ship Ticker: SCHG (Schwab U.S. Large-Cap Growth ETF) Timeframe: 1M (Monthly) Analysis SCIG, a growth-focused ETF, has exhibited remarkable resilience and growth potential over the years. Here's a breakdown using Elliott Wave Theory: - Wave (1): Initial bull run fueled by strong tech and large-cap growth sectors. - Wave (2): Corrective phase due to market adjustments. - Wave (3): Anticipated robust rally supported by macro trends in technology and innovation. - Wave (4): Short-term consolidation before a final push. - Wave (5): Projected target zone $64.00+, reflecting long-term growth potential. Key Levels: - Entry Zone: Current price around $28.57 offers an attractive entry point for long-term investors. - Intermediate Target: $46.00 (+61% from current levels). - Final Target: $64.00 (+124% from current levels). - Invalidation: If prices drop below $20.00, the wave structure would be reconsidered. Fundamentals: - Sector Allocation: Heavy on technology, healthcare, and consumer discretionary—key drivers of growth. - Macro Outlook: Large-cap growth companies are poised to benefit from technological innovation, AI adoption, and global economic recovery. - ETF Strategy: SCIG provides diversification across leading growth stocks, making it an excellent addition for those seeking exposure to the U.S. growth market. Dividend Growth While SCIG primarily focuses on capital appreciation, dividend reinvestments will further enhance long-term compounding returns. Investors can capitalize on both price appreciation and residual income. Conclusion SCIG remains an excellent choice for investors aiming for long-term growth in a diversified ETF. With a disciplined investment approach and reinvestment strategy, SCIG can deliver substantial returns over the next decade. 📈 What are your thoughts on SCIG's future? Let me know in the comments below!
AMEX:SCHGLong
by MrStockWhale
Netflix Is In Process Of Doing Five Waves AdvanceShort Term Elliott Wave view in Netflix ticker symbol: NASDAQ:NFLX suggests that rally from 8.05.2024 low is incomplete & should continue upside. It is showing 3 swing higher since August-2024 low & expect more upside against 11.18.2024 low. It ended 1 at $736 high as diagonal & 2 correction at $669 low. Within 1, it placed ((i)) at $711.33 high, ((ii)) at $660.80 low & ((iii)) at $728 high. Wave ((iv)) ended at $696.43 low & finally ((v)) ended at $736 high as wave 1. Within 2 correction, it placed ((a)) at $699.78 low, ((b)) at $710.24 high & ((c)) at $669 low near 50% Fibonacci retracement of 1. Above 2 low, it favors upside in wave 3 in another 5 waves impulse sequence. Whereas wave ((i)) ended at $773 high, wave ((ii)) ended at $744.26 low. Wave ((iii)) ended at $841 high, wave ((iv)) ended at $804.30 low and wave ((v)) at $941.75 high. Below from there, the stock made a pullback in wave 4 to correct the cycle from 10.17.2024 low. The internals of that pullback unfolded as Elliott wave double three structure where wave ((w)) ended at $909.61 low in a lesser degree 3 waves. A bounce to $928.94 high ended wave ((x)) and started the ((y)) leg lower towards $896.73- $876.79 blue box area where buyers were expected to appear. Since then the stock has reacted higher from the blue box area allowed longs to get into a risk free position. Therefore ended wave 4 pullback at $881.01 within the blue box area. Near-term, as far as dips remain above $881.01 low and more importantly above $804.46 low the stock is expected to resume the upside in wave 5. For minimum extension target towards $956.38- $979.68 area higher (inverse 123.6%- 161.8% Fib extension of wave 4). Before ending the cycle from 8.05.2024 low in 5 waves advance & making a pullback.
NASDAQ:NFLX
by Elliottwave-Forecast
EUR/USD weakens to near 1.0400 in a quiet trading sessionLet’s update the news and forecast the trend of the EUR/USD currency pair together! The EUR/USD currency pair is primarily influenced by fundamental factors related to the monetary policies of the U.S. Federal Reserve (Fed) and the European Central Bank (ECB). In the U.S., expectations that the Fed will scale back interest rate cuts in 2025 have somewhat supported the U.S. Dollar (USD). In its recent meeting, the Fed lowered the benchmark interest rate by 25 basis points but simultaneously eased expectations for further rate cuts in the future. This suggests that the Fed may maintain a tighter monetary policy and continue to apply higher interest rates for a longer period, which supports the strong trend of the USD. On the other hand, in the Eurozone, the Euro (EUR) is under downward pressure due to expectations that the ECB will continue to reduce interest rates. ECB President Christine Lagarde stated that the Eurozone is now "very close" to the bank's medium-term inflation target. However, if inflation continues to fall, the ECB may need to further cut interest rates to stimulate growth, which would exert downward pressure on the Euro. From a technical perspective, the EUR/USD is currently trading around the 1.0400 level, a key support level to watch. If this level is breached, the pair is likely to continue its downward trend, with the next support around the 1.0300 area. Moreover, with trading volumes potentially low ahead of the holiday season, price movements may not be as strong. However, the fundamental factors, particularly the monetary policies of the Fed and ECB, will continue to be the dominant drivers shaping the long-term trend of this currency pair.
by Alisa_Rokosz
GUJGASLTD : at retracementGujarat Gas Ltd. (NSE: GUJGASLTD) - Technical Analysis and Trade Plan 🚀 Ready to catch the next big move in GUJGASLTD? 📈 ### Chart Analysis The chart indicates a potential bounce from the golden retracement zone (460-483) . The current price is showing signs of a reversal within this zone. ### Trade Plan Entry : Consider entering long positions within the golden retracement zone (460-483) . Target : First target at 566 INR . Second target at 636 INR . Stop Loss : Place a stop loss just below the retracement zone at 450 INR to manage risk. ### Conclusion The golden retracement zone presents a strategic entry point with favorable risk-reward ratios. Monitor the price action closely and adjust the plan as needed. 📢 Disclaimer : This trade plan is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. #GUJGASLTD #TechnicalAnalysis #TradingPlan #StockMarket #Investment
NSE:GUJGASLTDLong
by LiveTradingBox
KUANTUM : is writing new wave?🚀what next in Kuantum Papers Ltd! 📈 ### Chart Analysis The chart shows a breakout from a falling wedge pattern . Current Price : 130 INR Target Zone : 160-163 INR Golden Retracement Zone : 130-120 INR (Pending buyer's orders) Stop Loss : 115 INR ### Trade Plan Entry : Consider entering long positions within the golden retracement zone (130-120 INR) . Target : Aim for the target zone between 160-163 INR . Stop Loss : Place a stop loss at 115 INR to manage risk. ### Conclusion The falling wedge breakout suggests a potential bullish move. Monitor the price action closely and adjust the plan as needed. The trade setup offers a favorable risk-reward ratio . 📢 Disclaimer : This trade plan is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. #KuantumPapers #TechnicalAnalysis #TradingPlan #StockMarket #Investment
NSE:KUANTUMLong
by LiveTradingBox
NCC : Building reversal chart🚀 Poised for a breakout or breakdown? Explore the latest on NCC LTD! 📈📉 ### Chart Analysis Wave Analysis : Chart indicates Elliott Wave pattern with waves 1 through 5. Current Position : Price currently in Wave 4 completion zone (281-312) . Deep Retracement Zone : Around 276-286 levels . Profit Booking Zones : First target at 335-342 . Second target at 376-390 . Stop Loss : 270.55 on failing Wave 4 consolidation. ### Trade Plan Entry : Consider entering around the Wave 4 completion zone (281-312) . Target : First target at 335-342 . Second target at 376-390 . Stop Loss : Place a stop loss at 270.55 to manage risk. ### Conclusion Potential for significant movement from the current zone . Monitor closely and adjust the plan as needed. Offers a strong risk-reward setup . 📢 Disclaimer : This trade plan is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. #NCCLTD #TechnicalAnalysis #TradingPlan #StockMarket #Investment #ElliottWave
NSE:NCCLong
by LiveTradingBox
POWERGRID : Disconnected ? 🚀 Power Grid Corp poised for a breakout? 📈 ### Chart Analysis Swing Target Zone : 349-359 INR Deep Retracement Zone : 309-315 INR Wave C Completion Zone : 308-311 INR Stop Loss : 305 INR ### Trade Plan Entry : Consider entering around the Wave C completion zone (308-311 INR) . Target : Aim for the swing target zone between 349-359 INR . Stop Loss : Place a stop loss at 305 INR to manage risk. ### Conclusion The chart suggests a potential move towards the target zone . Monitor closely and adjust the plan as needed. The setup offers a favorable risk-reward ratio . 📢 Disclaimer : This trade plan is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. #PowerGrid #TechnicalAnalysis #TradingPlan #StockMarket #Investment
NSE:POWERGRIDLong
by LiveTradingBox
Prepare to BUY Spot AAVE on the New D1 Cycle (Very Strong) 🌟 AAVE is Poised for a Powerful Move! 🌟 🌍 Market Overview: AAVE is showing robust bullish signals on the D1 timeframe, marking it as an excellent opportunity for traders to capitalize on its strong upward momentum. 📊 Trade Plan: 📌 Entry: $300 - $370 – Optimal range to accumulate ahead of the breakout. 🎯 Target: $500 – Aiming for significant gains with a clear target. ⏳ Hold Time: 1-2 weeks – Strategic short-term hold aligning with the new D1 cycle. 🔍 Strategy Insights: My custom tool RainBow MG3 highlights AAVE as one of the strongest setups in the current D1 cycle. Volume trends and technical indicators suggest a high probability of reaching the $500 target. 🚀 Next Steps: 💬 Contact me for personalized advice or more insights into the strategy. 💡 Note: This is not financial advice. Always DYOR before trading. 🔥 AAVE is gearing up for a massive move – Position yourself now to ride the wave! 🔥
Long
by rainbow_sniper
2024-12-23 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax futures - Neutral. Bears defended the Globex gap and market stayed below the lower bear trend line, which we broke below on Thursday. Very good for the bears but since we opened and closed near Friday’s close, market is in balance for now. Bears need to break below 20000 and bulls above 20150. Clear support and resistance, so play the range or wait for a breakout. comment: Let’s try not to extrapolate more from today’s price action than there was. Open was 40 points below Friday’s close and US session closed 10 points above the EU open. current market cycle: trading range key levels: 19800 - 20200 bull case: Bulls stopped the selling near the 50% retracement of Friday’s bull leg. Until they get a 1h bar close above 20150, the market is as neutral as it gets. Above 20150 there probably won’t be any resistance until 20250ish or even 20300. Invalidation is below 19970. bear case: Bears have going for them that they kept it below the channel we broke below from and below Friday’s high, which means we have an open Globex gap. Problem they have is that they tried 3 times to get below 19990 today and failed. Now market has made two credible higher lows and bears can not hold short once we get above 20140. Invalidation is above 20140. short term: Neutral around 20050. Very bullish above 20150 and bearish only below 19980. medium-long term from 2024-12-22: Any short near 20000 is reasonable if you can hold for another 1000 points higher. 17000 is much more likely than 21000 though. My first target for the next months is 19000, followed by 17700ish and ultimately down to 16000-16300 in 2025. current swing trade: None trade of the day: Selling 20060 and buying 20000 was good for much more trades than you should take.
EUREX:FDXS1!
by priceactiontds
USDJPY Wave Analysis 23 December 2024 - USDJPY reversed from key support level 156.35 - Likely to rise to resistance level 158.00 USDJPY currency pair recently reversed up from the key support level 156.35 (former resistance from November, acting as she support after it was broken last week). The upward reversal from the support level 156.35 continues the active minor impulse waves iii and 3 – both of which belong to the intermediate impulse wave (3) from the start of December. USDJPY currency pair can be expected to rise to the next resistance level 158.00, the breakout of which can lead to further gains toward 160.00.
Long
by FxProGlobal
TRON / Bitcoin Cryptocurrency | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # TRON / Bitcoin Cryptocurrency - Double Formation * 012345 | Wave Count | Completed Survey * ((Wedge Structure)) | Subdivision 1 - Triple Formation * Retracement Not Numbered | Support | Set Up | Subdivision 2 * Retracement Numbered | Uptrend Bias | Subdivision 3 * Daily Time Frame | Configuration Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
Long
by TradePolitics
Gold Trade Plan for the next 4hrs.Trade Plan for the Next 4 Hours Time Direction Entry Take Profit Stop Loss 2024-12-24 02:30:00 Short 2612.48 2612.31 2612.65 2024-12-24 02:45:00 Short 2609.88 2609.24 2609.24 2024-12-24 03:00:00 Short 2609.09 2608.39 2608.39 2024-12-24 03:15:00 Long 2612.27 2612.75 2611.79 2024-12-24 03:30:00 Long 2616.03 2617.61 2614.45 2024-12-24 03:45:00 Long 2615.98 2617.23 2614.73 2024-12-24 04:00:00 Long 2614.56 2615.12 2614 2024-12-24 04:15:00 Long 2614.27 2614.65 2613.89 2024-12-24 04:30:00 Short 2612.6 2612.41 2612.41 2024-12-24 04:45:00 Short 2611.4 2610.92 2610.92 2024-12-24 05:00:00 Short 2611.23 2610.84 2610.84 2024-12-24 05:15:00 Short 2611.53 2611.36 2611.36 2024-12-24 05:30:00 Short 2610.73 2610.39 2610.39 2024-12-24 05:45:00 Short 2610.57 2610.29 2610.29 2024-12-24 06:00:00 Short 2611.6 2611.46 2611.74 2024-12-24 06:15:00 Long 2611.74 2611.93 2611.55
OANDA:XAUUSD
by TheBullsEye1
BTC: 30K, 175K, 215K? Cup & Handle, Bull Flag, Extended 5th WaveTHIS IS NOT FINANCIAL ADVICE, AND DO YOUR OWN RESEARCH! I believe BTC will land somewhere between 150-300K this cycle. Realistically, ~200K is the most realistic target. There are several reasons why I believe this to be the case, and I will lay them out for you. Fundamentally, we all know that a Trump presidency is bullish for crypto, so it does not make sense that the bull run would end here. Plus, the wave of delusional retail interest has not hit yet. There is no wild enthusiasm or euphoria. Technical Analysis: 1. The massive cup and handle pattern. We have been in a cup for about 28 months, and a handle for about 7 months. We finally broke out of the handle earlier this year, and the price target is ~120-125K. 2. The massive bull flag. We printed a massive bull flag. Massive flag pole, and the flag was about 7 months long. That leads us to a price target right around that 125K price range, very similar to the cup and handle pattern. 3. Elliott Wave Theory. If you compare the bull run of 2017 to this bull run, the Elliott Wave count is very similar. I can clearly see waves 1-4 for this run. An extended 5th wave is the most likely possibility (due to the strong fundamentals, and pretty much all indicators showing that we are nowhere near a cycle top), with us currently in subwave 2 of the larger extended 5th wave, very similar to the 5th wave extension in 2017. It is possible, that we are now entering the 1st subwave of the 3rd wave of the major cycle, but given that we were in a 7 month corrective pattern, it seems much more likely to me that a 7 month major wave 4 in a WXYZ pattern makes the most sense. There is the unlikely case that this bull run is over, if this 5th wave DOES NOT extend or 3rd wave, if my count is wrong. In that case, I see us running all the way down to 30K over the next year or two. If we have a 5th wave extension, the 1.618 fib extension of Wave 1 & Wave 3 would take us to about 165-170K. This is a reasonable target, with a total market cap around 3.5T for BTC. Assuming a 40% BTC.D, that would be ~8.75T market cap for all of crypto. The 2.618 fib extension would take us to about 215K, which is what I suspect will occur. The 3.618 fib extension would take us to about 275K, which I believe is unlikely, but possible. Anything beyond this is a pipe dream, in my opinion. I suppose if we hit a similar extension as 2017, 400-500K is possible, but the market cap required for this to happen is enormous. BTC is still emerging, and I believe BTC needs more time to mature, before we reach those astronomical dream price targets. 500K-1M is a much more realistic target for the next cycle or even the cycle after that, but we shall see how this cycle plays out.
INDEX:BTCUSDLong
by johnmslee