Get started

Wave Analysis

NVDA Q1 Earnings: Strong Fundamentals Amid Geopolitical NoiseDespite recent trade restrictions, Nvidia has shown remarkable operational strength, beating expectations with $44.1 billion in revenue and a 73% YoY growth in its data center segment, fueled by rising demand for artificial intelligence. While international tensions led to a projected $8 billion loss, the market responded with confidence—viewing it as a temporary adjustment rather than a structural threat. This strong financial position supports our CALL contract entry, which is already gaining value. If tomorrow’s GDP data confirms economic stability, we could see another bullish move, and if our technical target is reached, we’ll exit as planned.
NASDAQ:NVDA
by perezliz37
Microsoft’s Market Puzzle — The X2 ConundrumAfter a corrective decline from Microsoft’s All-Time High at $467.70, we’ve been tracking a potential complex structure unfolding — and the recent price behavior fits right into a well-formed W–X–Y–X–Z pattern . In this latest move, we may be witnessing the final stages of the second X-wave (X2) — a sharp and extended rally that reached $462.52, pushing marginally above the first X-wave at $456.16. Now before that raises eyebrows — yes, X2 is allowed to extend above X1 . In a complex correction, X-waves are connectors, not trends. They can retrace deeply or even overshoot previous pivot highs — especially in the form of an expanded zigzag or running correction. It’s rare, but perfectly legal in Elliott’s chaotic universe. But this leads to a question: Is this rally impulsive… or is it bait? If the move from $344.79 is truly impulsive, then we’re potentially mid-way through a new bullish leg — with wave 3 ending at $462.78, and a mild wave 4 correction into the $437–$421 zone (0.236–0.382 retracement) expected before another pop higher. This view only holds as long as price remains below the ATH at $467.70 — our immediate invalidation level . However, momentum indicators raise suspicions: RSI is showing a clear bearish divergence — price made a new high, but RSI didn’t confirm it. MACD has started rolling over, with a fading histogram — signaling potential exhaustion in this move. This sets the stage for an alternate, and perhaps more compelling, scenario: The rally from $344.79 to $462.78 is not a new trend — it’s the X2 wave in a still- unfinished W–X–Y–X–Z combo correction . If this is the case, then what comes next is Wave Z — the final leg down to complete the entire corrective structure. And here’s the Elliott rulebook: Wave Z must be a 3-wave structure (likely a zigzag) It often mirrors the size of Wave Y or contracts modestly Projection for Z from the X2 top targets the $393–$351 zone, which represents a 0.618–1.0 retracement of the Wave Y decline This zone becomes the primary downside watch area, should price reject from this level and fail to break above $467.70. Summary: We’re at a critical junction. The rally from $344.79 could either be: An impulsive move needing a wave 4 pullback Or a complex X2 wave — ready to hand over the baton to Wave Z Both scenarios require careful tracking of structure, MACD, RSI, and price action near the retracement zone and the ATH invalidation level.
NASDAQ:MSFTShort
by VeerappaKaujageri
AEFES2! — 1DEe observed an all-time high on July 17, 2025. Since then, the market appears to be undergoing an ABC corrective pattern. Based on the wave structure and proportions, it seems we are currently in the final leg of this correction. Two potential target zones, both in terms of price and timing, are marked with yellow lines on the chart. In my view, there is a high probability that the correction will conclude before June 18. However, if the final leg deepens further than expected, the completion of this corrective phase could be extended into September.
BIST:AEFES2!
by ekgencsoy
2025-05-28 - priceactiontds - daily update - dax Good Evening and I hope you are well. comment: Higher highs and higher lows. Focus on the easy trades. Can only get bearish with consecutive 15m or 1h bars below 24000 and for now that is unlikely. Bulls bought 24000 the whole week so look for longs. current market cycle: broad bull channel key levels: 23000 - 24500 bull case: As long as the bull gap 23700 - 23900 stays open, I would only look for longs. 24500 is the next obvious target and it’s not impossible that markets do a complete meltup tomorrow. Structure is a clear bull channel until we print below 24000. Invalidation is below 23900. bear case: Bears need something below 24000 again, that means lower lows. Right now bulls remain in full control and I doubt we can go from daily new ath to a big reversal down. I got nothing for the bears here. Invalidation is above 24550. short term: Neutral but would only trade long until we see much better selling pressure and prices below 24000. medium-long term from 2025-05-25: My rough guess from early May was down over the summer and up into year end. POTUS certainly helped with the 50% tariffs. I need to see market reaction next week and if there is no 180° reversal until Friday, they will become reality the week after and dax should do 20-30% down over the next months. Markets were not positioned for any risk what so ever. Now we got the atomic trade bomb. trade of the day: Short since the bull trap on the open but I did not take it. I thought chances of a reversal were too high for me. I was wrong but that’s ok.
EUREX:FDXS1!
by priceactiontds
Gold is mainly oscillating at high levels Gold prices weakened in light trading as Trump postponed his threat of "directly imposing 50% tariffs" on the European Union. The delay reduced safe-haven demand, but broader market drivers still favor gold's bullish outlook. Market anxiety about the United States' ballooning deficit has intensified. The Congressional Budget Office estimates that this could increase the deficit by nearly $4 trillion. Long-term Treasury yields soared, with the 30-year Treasury yield reaching 5.14%, raising concerns about debt monetization and inflation. As a result, gold is more popular than traditional U.S. assets. Gold broke down from a high today and did not continue the bullish rise of the previous trading day, further indicating a phenomenon of bullish profit-taking. Whether the market will continue to break down in the future, we need to pay attention to whether the gold price continues to break down. At present, the main resistance level of gold is at 3347, and then $3357. Overall, Zhang Yifu believes that due to the early market closure, gold is likely to fluctuate in a narrow range. In terms of future operations, the high-altitude and low-multiple strategies should be considered. Pay attention to the resistance of $3347-3357 on the top and the support of $3325-3315 on the bottom. If the gold price breaks above $3347, it will stop the expected bearish trend and push the gold price to regain the main volatility trend. It is expected that the gold price will trade between the support level of $3320 and the resistance level of $3357 today.
OANDA:XAUUSD
by FredericaCrichton
1
GBP/AUD – Bullish Continuation Inside Ascending Channel | Week 6The GBP/AUD pair is trading within a well-defined ascending channel on the 1-hour timeframe, showing consistent bullish structure. There is no divergence on the RSI, which supports the view that the uptrend is healthy and likely to continue. With price respecting the channel and building bullish pressure, we’re setting a Buy Stop entry to catch the breakout continuation move. Trade Setup Details: Pair: GBP/AUD Timeframe: 1H Trend: Bullish (Ascending Channel) Entry (Buy Stop): 2.10406 Stop Loss (SL): 2.09100 Take Profit 1 (TP1): 2.11712 (1:1) Take Profit 2 (TP2): 2.13018 (1:2) Lot Size: 0.12 Risk/Reward Structure: Trade 1: Risk $100 / Reward $100 (1:1) Trade 2: Risk $100 / Reward $200 (1:2) Total Risk: $200 Total Potential Reward: $300 Why We Like This Setup: ✅ Clear Ascending Channel: Price is respecting trend structure ✅ No RSI Divergence: Bullish trend remains valid and intact ✅ Breakout Entry: Buy Stop above resistance ensures confirmation ✅ Smart Risk Split: Balanced and flexible trade management 🔗 Hashtags: #GBPAUD #AscendingChannel #BullishTrend #PriceAction #BuyStop #ForexTrading #TrendContinuation #NoDivergence #SmartTrading #ForexSignals #ChartAnalysis #TechnicalSetup #TradingView
Long
by asimafridi