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Wave Analysis

Are Time and Reason in Harmony in SPX?Are Time and Reason in Harmony in SPX? S&P 1D Technical and Fundamental Analysis; This structure, which looks like an ordinary decline on the SPX daily chart ... in fact, we can say that it carries the pieces of a big scenario that develops synchronously both technically and fundamentally. Let me explain now; 5 December 2024 was not just a breaking point. Because Trump's statements after taking the presidency for the second time, especially the message that ‘customs walls may rise’ had become clear. In the same week, the uptrend in SPX quickly weakened and declined as the FED gave the message ‘Interest rate cut is not imminent’. From here, Bullish Sharq started the formation of harmonic formation. Now comes the week of 1 May. - FED's interest rate decision, - Trump's budget plan, - And one of the critical macro thresholds where company balance sheets are announced. While everything is going well so far, if we take into account that the chart will also touch a strong trend line, it may mean ‘either a bounce or a collapse from here’. Because the price in the market does not just move, it looks for reasons . I would also like to ask you here; What will greet the market when this date comes? Harsh interest rate rhetoric? Trump's aggressive economic agenda? Or a recovery supported by positive balance sheets?
CBOE:SPX
by ugurtash
CHFJPY Will Go Down! Short! Take a look at our analysis for CHFJPY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 171.221. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 169.475 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
DXY reversal, Bullish for BTC, but 50 day chop is likelyGood Sunday, dear friend! I'm scribbling down some ideas I had. It's good to be back home after a week on a job project. TradingView on a phone is awesome, but I definitely prefer a bigger screen. The chart was not as clean as I wished, but it just tells some history with the correlations between DXY and BTC. For instance: Q4 2022 - DXY tops (BTC bottoms). Trend reversal for DXY (BTC corrects ABC after W1 after bear market). DXY declines to a WCL, BTC soars from 25k to 73k. In the meantime, as BTC soared, DXY also inclined, which led to an extended correction of 7.5 months. DXY rolled over in June 2025, and there was a 60-day lag before BTC felt the boost from the DXY decline. This leads us to today. DXY and BTC have gone up together. I believe the last leg up is a consequence of the June - September decline of DXY, and BTC went up with DXY, and BTC is now left to feel the consequences of the DXY upturn. Given DXY (most likely) topped 11 days ago, we might chop for 50 more days before BTC resumes upward. In the last WCLs, DXY retraces a minimum to 0.786. In this case, the trendline suggests a March timeframe for a low in DXY. History suggests the BTC local top is in when DXY bottoms, or is soon to top in about 2 months.
TVC:DXYShort
by martinxi5u4
NZD/JPY BEST PLACE TO BUY FROM|LONG Hello, Friends! NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 84.794 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
SPX: When things get scary, get ready!Wave C of 4 is ongoing and quite emotional. Wave B didn't quite get high enough, so chance of a larger C wave is high. This could last for a few days to a few months depending on how long this trade shenanigans continue. But, ultimately I don't think this will be a permanent situation and once things settle, markets will recover strongly. The underlying economic strength is still intact and there is still a lot of money in the system. If the Fed does start to cut the interest rates, it will initially boost the stock market but will weaken the economic conditions significantly. That might play out the final blow off top narrative perfectly. But for now, plan is to start nibbling on SPY when SPX gets inside the box. Some kind of butterfly strategy to limit the downside risk would be the play. Below 4100 will be the time to really panic!
SP:SPXShort
by mukit1
XAUUSD: THE RESISTANCE IS COMING!XAUUSD Sell Setup: Wave 4 Retracement Expected After Wave 3 Peak at 3032.92 (Elliott Wave + Fibonacci Analysis) Trade Rationale: Wave Structure: Wave 3 has likely completed at 3032.92 (projected via 261.8% Fibonacci extension of Wave 1). Wave 4 is now anticipated as a corrective pullback, typically retracing 23.6%-50% of Wave 3. Technical Confluence: Price is at a major resistance zone (Wave 3 high). Bearish divergence on RSI/MACD suggests weakening momentum. Fibonacci retracement levels align with Elliott Wave rules for Wave 4. Trade Plan: Entry Zone: 3032–3040 (short on bearish reversal confirmation: pin bars, rejection candles, or breakdown below 3032). Targets: TP1: 2744.89 (23.6% retracement of Wave 3) TP2: 2565.98 (38.2% retracement) TP3: 2421.75 (50% retracement – strongest support) Stop Loss: 3080 (above Wave 3 high to allow volatility). Key Chart Levels: Support: 2744 (23.6%) → 2565 (38.2%) → 2421 (50%) Resistance: 3032 (Wave 3 peak) → 3080 (invalidates bearish bias if breached).
OANDA:XAUUSDShort
by KingReni
Gold’s Target – Major Bullish Move Ahead? 3169.30?Gold has been following a long-term Elliott Wave cycle since 1970, and Wave 5 is now in progress! Key Wave Structure: ✅ Wave 1: $35.85 → $875 ✅ Wave 2: $252.1 (Correction) ✅ Wave 3: $1920.94 (Major Bull Run) ✅ Wave 4: $1046.54 (Final Pullback) 🔥 Wave 5: Currently playing out! Potential Wave 5 Price Targets 🎯 Using Fibonacci Extensions from Wave 3 & Wave 4: 📌 100% (1:1 of Wave 3) → $2715.38 ✅ (Hit in Nov 2024!) 📌 1.272 Extension → $3168 - $3200 (Next Major Resistance) 📌 1.618 Golden Ratio → $3748 - $3800 (Extended Target) 📌 2.0 Extension (Supercycle?) → $4300 - $4800+ 🚀 💡 Key Takeaways: Gold’s Wave 5 is accelerating, and new all-time highs are possible! If the bullish momentum continues, $3200+ is the next key zone. A supercycle rally could push Gold toward $4000 - $4800. 🔔 Will Wave 5 extend further? Drop your thoughts below! 👇🔥 #Gold #ElliottWave #XAUUSD
OANDA:XAUUSDLong
by KingReni
Bitcoin (BTC) Price Outlook: Possible Drop to $76K?BTC is currently trading at $83,200, showing signs of downward pressure. Key factors influencing this trend: • Macroeconomic Factors: Market uncertainty due to geopolitical tensions and potential new regulations. • Technical Indicators: The possible formation of a death cross (50-day MA crossing below 200-day MA) suggests a bearish scenario. • Support & Resistance: • Strong support at $76K – a key level that could act as a bounce point. • If broken, BTC might test $73.8K (next support level). Conclusion: If BTC fails to hold above $80K, we could see further declines to $76K or lower. Watching price action closely! 📉 What are your thoughts? Drop your analysis below!
Short
by sanluisernest
Nifty May have bottomed on News As per Elliott wave sequence it is coming to mind that it has completed a complex correction in the form of WXYZ. Todays bottom is very important and it also related to by the fibs 61.8 level. For further rally it should cross the 23300 mark in less time then the c leg of z has completed its move downwards...the c leg has completed the move in 24 bars of 15 minutes and it will have cross it before 24bars....! finger crossed...! No buy sell recommendation. Just a view.
NSE:NIFTY
by imkhushal
Disney in 6M chart (an update for the previous idea).Hello Please read this article. I posted my first and last idea of Disney symbol about 6 month ago and I told that this trend is bearish (exactly when there was a powerful bullish candle) and I got "welcome" comments for that. I do not care about your sarcastic comments my friends and I'd told you that I am not ganna to continue this page and I have already terminated my subscription because I am so busy (not for the sake of your comments or TradingView problems). From the first day of this page I have been trying to change your mind set because this platform is not good place for trading courses and the idea of this forum is to share ideas and not a place for show off. To be short, please change your beliefs because market never and ever care about what you think and you believe and most of the time trend goes where you do not expect and is not possible. Note: I am not saying that you should get in sell positions, and please consider that a monthly chart like this is not a good place to decide about daily trades. It can give you a bigger view of what may happen (probably) in the future. Wait for your confirmations/Invalidations. Thanks
NYSE:DISShort
by AMA_FX
BAC in Monthly chart Hello This idea is quite imaginary but possible. The problem for this LD pattern is that Leading Diagonals do not usually happen in monthly timeframe but I give you all I think and you can sort them. The reason for this page is to provide an interactive atmosphere for those who want to share their ideas gathered in a place to make the best decision for all of us. I mean please participate to discuss about these ideas and believe me it can be helpful to see all aspects of the chart. Don't be arrogant about your level. It doesn't matter how much you know about charts, it would be better to correct my mistakes and let it happens for you. Most pages are like a one way road and the provider of the page can't bear any criticism. I just cant tolerate impolite and sarcastic talk. Thanks
NYSE:BAC
by AMA_FX
4
A short discussion in Disney ChartHello Please take time and read it. The notice I want to explain is crystal clear for most Elliott and technical chartists but it is so important that needs to be mentioned again. Most of you know that a hard time in trading is when you do not know this trend that has started to move wants to stop here or there (or where). VERY VERY IMPORTANT: when a wave 3 wants to correct with an ABC its target is wave 4 in lower degree. It means when traders want to cash their shares and get their profits make a correction (wave 4) that usually has the power to correct just last powerful stops in the wave 4 of lower degree. It is easier to clarify it in this DIS chart. As you can see our bullish trend in Millennium counting ended as wave (3) in 203.02 price and then we went to a correction. The question is that "How far will we go down in this declined correction?" The answer is very easy: There 2 scenarios : 1- If sell power is not to much so correction wave will go just to the level of last wave 4 in lower degree. 2- If sellers (Buyers for bearish trend) tend and have enough power to break the powerful support zone (Last wave 4 in lower degree) so just wave A of this correction stops in the area of wave 4 (of lower degree) and after wave B this correction will continue its direction more down (commonly to the last wave 4). In our trend now, it seems that sellers are powerful enough and only wave A of ABC of wave 4 stoped in the area of last wave 4 and wave C (for now we are in wave B of ABC of wave 4) will break down the support level and go more down (potentially to the level of wave 4 Sub-millennium. I promise you if you consider what I explained you will be more confident in the control of your chart. Thanks
NYSE:DIS
by AMA_FX
2
A simple but practical chart of GOLD for every one in the marketHello everyone I do not know how many times I have mentioned What I want to say now but I repeat it again and again because I can see this problem even in the analysis of the most pronoun and famous chartists and technicians. My friends, candle stick charts are really good and I use it every day but because of shadows (Wick) lines, they can make it confusing and so I always request you to check your charts in Line Chart at least in your weekdays (Weekly Chart). Line charts never say lie to us my brothers.
OANDA:XAUUSDLong
by AMA_FX
2