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Wave Analysis

$BITCOIN with substantiation and drawingMaybe it's a bit of a busy drawing. But I wanted to show why I think we may be correcting and why this is very healthy for the bull market. It seems that after the larger correction we have now completed 5 waves and we also have to correct this wave. That is the phase we seem to be in now. Now I have 2 expected positions where the correction can go. I think that we will not correct very deeply and will therefore not reach 50%, but that we will correct up to fib 618. So possibly just under 90k. Unfortunately, no Christmas run is expected. But just a super healthy correction that we don't have to worry too much about. The altcoins also seem to be less willing to participate and we seem to be settling in for the bull run. Be kind to the world and each other!
BINANCE:BTCUSDShort
by RidgerR
bitcoin multiple 1-2 in last 5th wave in textbook impulse ideaafter that abc flat to troll so much people people into thinking 200k. this scenario is for me only realistic with the timing and probabilites in EW. A wave woud be impulse to flash all the retail, b flat to exactly 4year cycle TOP in october, and c some sell the news event with reccesion or war which would be bear market for 365 days 85,842 entry + adding to position at 80k which is supported by lot of npocs invalidation .618 log where i would sell 60% and sold 30% after bounce from 618 and ATH first TP - w5 targets area(from 108k to the low created) second TP - 128k (common this cycle w5 target) third TP - these boxes 142-159k from comparing previous cycle post halving gains the number was only decreasing from 30 to 24 which would lead this cycle around 20, of course its only speculation. After 160k would be this data invalidated. 140-152k strong fibonacci confluence
COINBASE:BTCUSDLong
by luskmelongg
MI - sector TECHNOLOGY may be moving upExpect a deep wave 2 retracement, but for now seems like small retracement, rebound at MA 200 Current price shows MYR 2.24 (+3.23%) with key support at MYR 2.01 and resistance at MYR 2.67. The stock has formed a bullish trend since October 2024, showing higher lows and higher highs. Technical indicators show: Price trading above both short-term and long-term moving averages, indicating bullish momentum Strong volume activity supporting recent price movements Green momentum bars in the lower indicator suggesting positive sentiment Upward trend channel formation with price respecting the lower trendline as support Key levels to watch: Immediate resistance: MYR 2.67 Current support: MYR 2.01 Price currently consolidating near MYR 2.24 The stock has recovered from its September 2024 lows and appears to be in a recovery phase with improving technical indicators. The presence of higher lows and sustained trading above moving averages suggests continued bullish sentiment in the near term. Volume analysis indicates strong participation on upward moves, lending credibility to the current recovery. Traders should watch for a potential breakout above MYR 2.67 for further upside momentum.
MYX:MILong
by pengamalgelombang
GOLD WAS SUPPORTED LAST LATE 🥇 Gold was supported late last week by the release of Core PCE data from the US showing a slowdown in inflation. This eased concerns that the Fed could keep interest rates higher for a longer period of time, supporting gold prices. However, the upside momentum was limited as the Fed earlier signaled a more cautious stance on rate cuts next year under President Trump. Gold broke above its recent high around 2626 to extend its rally to 2632 late last week, but failed to hold above this level and is now falling.
OANDA:XAUUSD
by TradeAdvisory
TCS : will it contribute to recovery or fail?🚀 Tata Consultancy Services Ltd. (NSE: TCS) - Technical Analysis and Trade Plan 📈 Chart Analysis Current Price and Movement : Current price: ₹4,175.00, with a recent increase of ₹18.95 (+0.46%). Chart indicates a recent downtrend followed by a potential corrective wave pattern. Wave Analysis : The chart highlights a wave pattern labeled A, B, and C . Wave B retracement zone: Between ₹4,202 and ₹4,037 , described as a golden retracement zone where prices may take support and reverse sharply. Support and Resistance Zones : Wave C (Intermediate) correction completion zone : Around ₹4,175.00. Stop Loss: At ₹4,042.10 , indicating failure of the golden retracement zone on the daily chart. First Target Zone : Between ₹4,539 and ₹4,587 . Second Target Zone : At ₹4,778.00. Potential Price Movements : Dashed lines in the chart suggest potential upward movements towards the target zones. If the price holds the current support level, it may move towards the first and second target zones . Trading Plan Entry Point : Consider entering a long position as the price completes Wave C within the golden retracement zone. Target : First Target Zone : Between ₹4,539 and ₹4,587 . Second Target Zone : At ₹4,778.00. Stop Loss : Place a stop loss at ₹4,042.10 to manage risk in case the support level fails. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Trading stocks, options, and other financial instruments involves risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. #TCS #TechnicalAnalysis #TradingPlan #StockMarket #Investment
NSE:TCSLong
by LiveTradingBox
INFY :Programming for Rise Up🚀 Infosys Ltd.? 📈 Technical Analysis Wave Count : The chart identifies five waves labeled 1 through 5 . Current price action suggests the completion of Wave 4 and the beginning of Wave 5 . Wave 1 : Starts from the bottom left and peaks around November 11. Wave 2 : Corrective wave ending around November 18. Wave 3 : Strong upward wave peaking around December 16. Wave 4 : Corrective wave in progress, retracement zone: ₹1899-₹1940 . Wave 5 : Projected upward move towards the target zone: ₹2018-₹2032 . Corrective Waves : The intermediary correction ( Wave C ) is expected to complete within the highlighted yellow zone . Target Zone : The target zone for Wave 5 is ₹2018-₹2032 . Stop Loss : Place at ₹1890 based on Wave 4's failure. Volume : Volume at 2.3M (bottom right of the chart). Trading Plan Entry Point : Enter long as Wave 4 completes and Wave 5 begins, ideally near the Wave C completion zone . Target : Aim for ₹2018-₹2032 . Stop Loss : Place a stop loss at ₹1890 to manage risk. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Trading stocks, options, and other financial instruments involves risk and may not be suitable for all investors. Always conduct your research and consult with a licensed financial advisor before making investment decisions. #Infosys #TechnicalAnalysis #TradingPlan #StockMarket #Investment #ElliottWave
NSE:INFYLong
by LiveTradingBox