Wave Analysis
Ferrari Wave Analysis – 27 February 2025
- Ferrari reversed from round resistance level 500.00
- Likely to fall support level 440.00
Ferrari recently reversed down from the resistance zone between the round resistance level 500.00 (previous yearly high from 2024) and the upper weekly Bollinger Band.
The downward reversal from this resistance zone is likely to form the weekly Evening Star Doji – if the price closes this week near the current levels.
Given the strength of the resistance level 500.00 and the overbought daily Stochastic, Ferrari can be expected to fall to the next support level 440.00.
EUR-CHF Bearish Breakout! Sell!
Hello,Traders!
EUR-CHF is going down
And the pair made a bearish
Breakout of the key horizontal
Level of 0.9370 and the
Breakout is confirmed so we
Are bearish biased and we
Will be expecting a further
Bearish move down
Sell!
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Check out other forecasts below too!
BITCOIN: THE MOON CHARTthis is the moon motion on the price chart. the price levels are given in advance by simply converting a fixed price range to the degrees of motion. no ta involved. look at the respect of the moon motion support price.
we are now waiting between the first days of march and march 14 for a dead cat bounce + new lows according to the moon chart. the equinox chart tells a more creepy story, as the 95k midpoint was holding the whole september 24 structure. lose this support and we close the cme gap at 78k
Getting CloserLately the market has been confusing. It appears traders are not clear minded on the economy, the recently voted in administration's policies, and that uncertainty is definitely showing up in the price action.
Be that as it may be, this is an update on the SPX cash index I posted last week as more of the price action fills in. I'll try to update this weekly.
Best to all,
Chris
TLT Is Yelling at UsYou typically see a migration to TLT when people are looking for a safe haven from troubled markets
I posted about TLT previously and thought we were about to see a rush to the trade because of potential market weakness
Well as we know this Bull market continued to show legs and subsequently TLT has been grounded on the launching pad
The market is yet again showing classic signs of topping
Are we saying that the market is about to crash? NO..not yet
What we are saying is that liquidity is leaving the equities markets in droves and TLT will most likely be a place where that liquidity finds a home
So pay close attention to TLT over the next 6 months because its going to tell you everything you need to know about this bull market
Gold Oversold - Bullish BiasAlthough macro-economic indicators are not confirming a sudden increment in gold value... But it's at a major support line that it shall increase the gold price for short-term accumulations today.
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About me: Gerald Mann is an specialist in financial operations, and served as policy adviser to Barack Obama.
2025-02-27 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Bears showed strength once again and we have made new lows. Now comes the most important part tomorrow. They need a very strong monthly close below 20600 to close below the January low. Bulls want any close closer to 21000.
current market cycle: trading range
key levels: 21000 - 21700
bull case: Bulls see this as the climactic ending on the 4h tf after 3 legs down. They now want to close the month more neutral around 21000 and most likely above. They probably are beginning to scale into longs again since 6 consecutive red days are so unusual, that the odds of a decent pull-back are good. We are also around 300 points away from the big bull trend line and there is absolutely no reason why this should break on the next hit. If we stay above 20500, I favor the bulls for a bounce up to 20800 or 21000 before I turn full bear again.
Invalidation is below 20500.
bear case: Bears are overdoing it and they could get squeezed tomorrow. Bounces this week were between 200-400 points and that would bring us to 21000 where I expect another strong try down by the bears. If we even get there. Bears want to keep this max bearish and continue with the 15m 20ema being resistance. Today’s selling was strong enough that we could potentially reach 20000 tomorrow but it’s far. We have two bear channels now. One you can see on my 4h chart and then another on the 15m or 1h chart. The smaller one has to stay intact if bears want another big bear day tomorrow.
Invalidation is above 21100.
short term: Need a bounce to sell this. Monthly close around 20000 is possible but bulls have been buying new lows all week and we should hit at least 20800 or even 21k. But there I do think we will close this month at the lows and hopefully below 20500.
medium-long term - Update from 2024-02-23: Neutral since we are in a 4-5 month trading range. Still leaning heavily bearish for this year but for now it’s sideways until we get consecutive daily closes below 20000.
trade of the day: Selling on the open was strong enough to expect the gap close down to 21200. We did more but 21000 was expected to be huge support. The second leg down started slow and accelerated. Where should you have shorted on the second leg? Market failed exactly at the 15m 20ema and after the third consecutive and increasing in size - bear bar, shorts were necessary. Could you have known the extend of the sell-off? Never while it’s happening but you should keep runners and hope to catch such a 400 point move down.
Jacobs Engineering Stock Quote | 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
# Jacobs Engineering Group Inc Stock Quote
- Double Formation
* Trendline 1&2 | Wedge Structure | Completed Survey
* ABC Flat Feature | Entry Set Up & Short Support | Subdivision 1
- Triple Formation
* (Downtrend Argument)) At 166.00 USD | Subdivision 2
* 0.5 Retracement Area | 2nd Retracement | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Downtrend Argument))
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
AUDUSD Wave Analysis – 27 February 2025
- AUDUSD falling inside wave b
- Likely to fall support level 0.6200
AUDUSD currency pair continues to fall inside the b-wave which started earlier from the major resistance level 0.6400 (former strong support from April and August of 2024).
The resistance level 0.6400 was strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of the downward impulse from last October.
Given the strongly bullish US dollar sentiment and strong daily downtrend, AUDUSD currency pair can be expected to fall to the next support level 0.6200, the target price for the completion of the active wave b.
The Case for a 76% drop on MSTR: Norms of fib levels in a trend.If you draw a fib from the high to the low of the 2022 drop in MSTR, you'll see we have now completed all of the fibs of this swing.
In this post we're going to take a detailed look at two things;
1 - How a trend typically forms heading into a 4.23 extension.
2 - What typically happens at 4.23 extensions.
Everything we cover here will be generic rules for trend development. It's equally valid on bull and bear moves (we'll use examples of both) and it can be used on any timeframe. We're going to stick to big charts for this but these same concepts also scale down to day trading.
We are going to look at these specific hypothesis';
1.27 - 1.61 will produce some sort of pullback.
The breaking of 1.61 will produce a steady trend to at least 2.20.
Around 2.20 - 2.61 there will be some sort of reaction.
The move from 2.61 to 4.23 is very strong.
4.23s can mark the end of major moves.
These conditions in MSTR are marked into the chart pic. Let me show you another example on a bear trend to get us started.
This was the last bull swing before the 2007-2008 reversal. We're using the topping swing for our fib. We can draw this really early as soon as we see the first possible break.
We drop to the 1.61 and then we bounce. It looks like a recovery in real time.
Then once the 1.61 is broken we drop quickly to the 2.20.
Look closely here. The move to the 2.20 isn't the big red candle. There's a wick. That tells us this was a flash event. Crashed to the support, rapid bear trap. Filling our conditions of the expectations of a 1.61 break and the reaction 2.20.
The wick candle pullback went to around 1.61 and then there was capitulation when the 2.61 was broken.
We get to the the Final Boss of the fibs. The 4.23. There's a head fake under it and then a recovery back over it.
And the 2008 crash is over.
Want another one? Here's BB. The pattern expressed over a very long time. Full booms and bust.
Saw a lot of these patterns in 2021.
Imagine if you could have used the same playbook we can observe on the all time BB chart and used the same set of rules to understand all the key parts of the 2021 trend. That'd be weird.
Attached is a pic of the real time 2021 mention of fading the BB rally at the 4.23 (just to show this isn't just perfect fitting after the fact).
Let's jump back to another low. Here was the BTC low.
Or a bull one.
What Happens at 4.23 Fibs?
Most of the time when 4.23 fibs are hit there is a large correction or a full blown reversal. Cases of 4.23's breaking without retesting the 1.61 - 1.27 (and that's a crash, big move) are rarer.
In the times there is a 4.23 breakout, the following trend is usually exceptional. When looking at big instances of failed 4.23s they're usually found around the middle of a bubble or crash (depending on if it's a bull or bear break). It's much more difficult to show examples of the failed ones without being able to zoom in and out a lot, but you can look for them in places like the Nasdaq bubble, NVDA rally and in failure points of uptrends heading into crashes.
Almost invariably, the trend goes into a state of hyper performance if the 4.23 is broken.
However, if it is not broken - then we're usually going to ultimately end up spiking out the 1.27 fib. Which round trips most of the move.
If MSTR is a 4.23 blow off, it's give up most of the gains of the recent rally. That is inside of the bullish perspective. The correction comes to 1.27. If 1.27 fails, then you can end up with that lifetime BB chart.
Action around the 4.23 itself is fraught with caveats when it comes to actionable trading. You have to always have the assumption that if you're wrong you're going to be betting against a punishing trend and you have to be risk cautious and quick to get out / plan new levels. It always has to be remembered if wrong, the fade will fail spectacularly.
Further complicating things is we really can't be sure what sort of 4.23 head fake we're going to get. There are times we reverse right at the 4.23. Or come up a bit shy of it. Other times we make a nominal head fake that you could have started betting against almost as soon as it got passed the level and it went nothing but well for you.
Then there are the super blow offs. BB was somewhere in the range of 20 - 25% blow off. I remember this well (I'd shorted the 4.23 touch) it only lasted an exceptionally brief amount of time and was ultimately the Mother of all wicks but if I'd be fully exposed to all that price move - wouldn't have mattered. I'd probably have got nailed before it.
When it comes to the actual tactical betting on a 4.23 reversal, it's tricky. The core underlying theory of the 4.23 decision is a simple binary one though. Usually when the 4.23 is hit we're going to head into hyper trend conditions. These can be higher (and this is hard to quantify targets for with fibs) or they can be crashes (which we can usually roadmap with the 1.61 - 2.20 - 4.23 thing).
Extremely polarizing level here. Either all fib bases bear cases are entirely annulled for the foreseeable future or a drop of about 75% is setting up.
The 4.23 pullback/reversal is the far more common outcome.
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Bonus doom posting:
Gold might experience a price correction in the upcoming week!!!Hi Everyone, Gold may experience a price correction in the upcoming week. Although there are no concerning signals in the trend for the long term, the daily chart suggests that the RSI cannot fail the divergence. It appears that a retest of the 50 areas (in RSI) is likely, so we might see a correction of at least $100. First target $2838
Disclaimer: This is not financial advice.
CAPITALCOM:GOLD CAPITALCOM:GOLD TVC:GOLD FXOPEN:XAUUSD
ADA D CorrectionI've updated my wave count, since this large downtrend grind since early December is correcting the whole move up from August lows.
We are currently in black C, and my primary count considers we still have one more leg down left before a recovery.
Alternatively, if we see a break above gray resistance, my bias may change.
HOOKUSDT Breakdown Incoming? Key Signals Point to Bearish Move!Yello, Paradisers! Is HOOKUSDT gearing up for a major drop? The current structure suggests a strong probability for further downside as the price follows a triple three-wave pattern within a descending channel.
💎HOOKUSDT recently faced strong resistance from multiple confluences: 50 EMA rejection, Key resistance zone, Descending channel’s trendline, Formation of an "M" pattern. These factors increase the likelihood of a wave Z move downward. However, for confirmation, we need a clear breakdown of the support level with a candle close below it and high volume.
💎The broader crypto market also leans bearish, but waiting for the actual breakdown will further strengthen our probability of a successful trade.
💎Invalidation? If the price bounces and closes candle above the resistance zone, the bearish outlook gets invalidated. In that case, it’s smarter to stay patient and wait for a stronger setup.
🎖 Discipline and patience are key, Paradisers! The market always rewards those who wait for the highest-probability trades. Stay sharp!
MyCryptoParadise
iFeel the success🌴
GOLD, NAS, & BTC Daily Overview: Whole Market BleedingDXY is fundamentally bullish but this recent bearish retrace has allowed us to put risk on for a few weeks but the last few sessions have been hungry for correction.
We all know that before we can continue to rally, it will be wise to allow the market to collect more supporters at better pricing. This alongside inefficient price delivery zones will make easy targets for sellside revisit market wide.
GOLD (XAU/USD)—$2,975 HIGH SPARKS BUZZGOLD (XAU/USD)—$2,975 HIGH SPARKS BUZZ
(1/9)
Good afternoon, TradingView! Gold (XAU/USD) hit $ 2,975 in Feb ‘25, up 5-7% YTD 🌍 2024’s 26-27% gain shines—here’s the breakdown.
(2/9) – PRICE RISE
• 2024 Gain: 26-27%, best since 2010 📈
• 2025 YTD: 2,955-2,975, 5-7% up 💡
• Feb 24: +0.52% to new high 🌞
Gold’s climb, safe-haven rules.
(3/9) – MARKET MOVES
• Trade Fear: Tariffs spark inflows 🌟
• FASB: Coinbase tie lifts mood 🚗
• Dip: $ 2,940 Feb 25, profit takes 📊
Gold’s humming, tension fuels it.
(4/9) – SECTOR SNAP
• Price: 2,940-2,875, $ 20T+ cap 🌍
• Vs Silver: Outpaces XAG’s wobble 💪
• Forecasts: UBS $ 3,200—value gap? 📉
Gold’s steady, peers falter.
(5/9) – RISKS IN FOCUS
• Fed: High rates cap upside ⚠️
• USD: Tariff boost stings 🔒
• Profit Takes: -1.27% Feb 25 🐻
Gold’s firm, but headwinds nip.
(6/9) – SWOT: STRENGTHS
• Gain: 26-27% ‘24—tough haul 💪
• Demand: Banks, ETFs pile in 🏋️
• Hedge: 4.3% inflation shield 🌱
Gold’s gritty, crisis-proof.
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: No yield, USD bite 🙈
• Opportunities: Tariffs, $ 3,200 zing 🌏
Can gold vault past the snags?
(8/9) – Gold’s $ 2,975 peak, your view?
1️⃣ Bullish, $ 3,200+ soon 😎
2️⃣ Neutral, Holds, risks linger 🤷
3️⃣ Bearish, $ 2,800 dip looms 😕
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
Gold’s $ 2,975 Feb high and 26% ‘24 stack up, safe-haven star Trade fears lift, risks loom, gem or pause?
Tesla - Elon Is Playing The Charts!Tesla ( NASDAQ:TSLA ) is perfectly respecting structure:
Click chart above to see the detailed analysis👆🏻
Two months ago Tesla perfectly retested the previous all time high resistance and closed with a massive rejection wick. This means that a correction - which is currently happening - is expected and after the bullish break and retest, we will then finally see new all time highs.
Levels to watch: $280, $400
Keep your long term vision,
Philip (BasicTrading)
Aris Water (ARIS): Water Management Drives Market GrowthAris Water Solutions, Inc. (ARIS) is a leading environmental services company specializing in water recycling and infrastructure solutions for the energy industry. By providing sustainable water management, Aris helps oil and gas producers reduce their environmental footprint and optimize water usage. As industries focus more on sustainability and regulatory compliance, Aris continues to expand its operations, making it a key player in water conservation and management.
The stock chart recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone, which occurs when it moves above the 0.236 Fibonacci level. This signals strong investor confidence and suggests the potential for continued upside as buying interest strengthens.
Using a trailing stop helps traders secure profits while managing risk. By setting stops based on Fibonacci levels, traders can stay in the trade as long as the stock trends higher while protecting gains if momentum slows. This approach prevents early exits while ensuring profits are locked in if the stock reverses.
SPY: Still A Good Buy for 2025The SPX500 (SPY) here on the chart has fallen about 4.46% for the year 2025. Already a good retracement for 2025.
The price at 587.36 (daily chart) is in a window's range of potential support after hitting that 612 weekly/monthly target of resistance at the top.
Tentative Projection for 2025: 680
Daily:
Weekly:
The next Intel or the next Nvidia?Neither, AMD has it's own path with destiny. The cyclical nature of semiconductors makes this an interesting stock to analyse through TA. The fundamentals remain strong, whilst they are clearly behind Nvidia and Broadcom, there's also closely following behind and have a far smaller market cap. In a risk on mode, I think this offers far better upside than a 3 trillion dollar Nvidia stock.
It looks like much of Nvidia's stock price has been baked in the revenue growth into the stock price. Not even an earnings beat was enough to satisfy investors. People are panicking, 10 year yields are dropping, the market is in freakout mode.
Meanwhile, AMD remains bearish, there is no doubt about that. The question is where is the bottom?
I have a very strong buy zone here at $91-100. I think the risk to reward here is quite compelling. Using stop losses to minimise potential capitulation, risk management would have saved a lot of headache for anyone who has purchased since 06/03/24, almost a year ago, as they are down on their position and were better taking a small calculated loss.
Not financial advice, do what's best for you.