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Wave Analysis

Link Update (4H) Correction Has StartedIn my previous analysis, I presented two different perspectives on LINK. On lower timeframes, LINK completed its 5-wave impulsive structure, but in doing so, it invalidated the macro reversed Head and Shoulders pattern—rendering it no longer valid. Currently, LINK has entered a classic A-B-C corrective phase, signaling temporary market weakness. If the price drops below the key S&R zone (highlighted in pink), I expect a swift move down towards the $13.45 level. This target coincides with a well-defined demand zone, adding further confluence to the short thesis. 📉 Outlook: Favorable for short positions upon confirmation of breakdown. — Thanks for reading.
Short
by vs_sayin
Elliott Wave Analysis – XAUUSD H1 30/05/2025 🔍 Wave Structure Update As of now, price has broken above the X wave high and is undergoing a retracement. This is a positive signal, suggesting that Wave 1 (black) of the larger green impulsive wave may have completed. Currently, price is likely in Wave 2 (black) – offering a good opportunity to position for the upcoming Wave iii (green). Within Wave 2, we expect classic corrective structures such as zigzag or flat to form. Based on current price action, a short-term bounce followed by another leg down is anticipated to complete the corrective phase. 🎯 Potential Wave 2 Target Zones • Target 1: 3290 • Target 2: 3272 ❗ If price drops further to 3245, the assumption that Wave 2 has ended may be invalid. In that case, the broader correction could continue toward 3215 (Wave Y target). 📈 Momentum Outlook D1 Chart: Momentum shows signs of reversal to the upside – supporting a bullish bias for the coming week. H4 Chart: Momentum is weakening, suggesting price may move sideways or pull back today as part of Wave 2 development. H1 Chart: Currently oversold, indicating a likely short-term bounce or sideways movement to maintain this oversold condition until H4 also reaches oversold. 🧭 Trading Plan 🔹 Scalp Buy • Entry: 3291 – 3289 • SL: 3286 • TP1: 3306 • TP2: 3324 • TP3: 3346 🔹 Main Buy Zone • Entry: 3272 – 3269 • SL: 3262 • TP1: 3290 • TP2: 3324 • TP3: 3373
OANDA:XAUUSDLong
by WavePoint_FX
Tesla: Completed!TSLA has moved somewhat closer to the resistance at $373.04 since our last update, but these gains have now been tempered. We now consider the turquoise wave 4 as finished and anticipate imminent sell-offs during wave 5. These should eventually complete the magenta wave (3) of a larger downward impulse below the support at $215.01. However, due to recent upward momentum, we have increased the relevance of our alternative scenario. We now consider it 38% likely that the stock has already completed the large correction of the blue wave alt.(II) with the last significant low and will continue to rise directly during wave alt.(III). In this case, the price would next not only rise above the nearby resistance at $373.04 but also overcome the higher levels at $405.54 and $488.50. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
NASDAQ:TSLAShort
by MarketIntel
GOLD Will Go Up! Long! Take a look at our analysis for GOLD. Time Frame: 15m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 3,295.78. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 3,310.58 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. 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!
TRADENATION:XAUUSDLong
by SignalProvider
1
GBPUSD Is Bearish! Short! Here is our detailed technical review for GBPUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.347. The above observations make me that the market will inevitably achieve 1.325 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
Bitcoin 4H Analysis – Potential Breakdown Alert Bitcoin is forming a classic Head & Shoulders pattern on the 4H chart — a sign of potential bearish reversal. Price is currently testing the neckline support zone around $106,800. 🔴 A breakdown below this level could trigger a move toward the next support zones: 📉 Target 1: $103,557 📉 Target 2: $102,261 ⚠️ Keep an eye on how BTC reacts around the neckline. A confirmed breakdown with strong volume may lead to short-term downside.
Long
by VIPROSE
1
Hanzo / GOLD 15 Min Path ( Confirmed Bearish Reversal )🔥 Gold – 15 Min Scalping Analysis (Bearish Setup) Bias: Bearish Time Frame: 15 Min Entry Type: Confirmed Entry After Liquidity Sweep ☄️ Bullish Setup Reversal – 3311 Zone Price must break liquidity with high volume to confirm the move. ——- 🩸 Key Reasons for Entry: ☄️Price manipulated above previous high (liquidity grab trap). ☄️Strong rejection from key supply zone with SMC confluence. ☄️Bearish order block + break of market structure. ☄️Entry respects higher timeframe resistance level. 🔤 Fair value gap / imbalance completed. 🔻Setup aligned with institutional reversal window Target: Next 15M demand zone / 1:3+ RR Status: trade active 👌 Hanzo / GOLD 15 Min Path ( Confirmed Bearish Reversal )
TVC:GOLDShort
by Path_Of_Hanzo
Gold 1M & 15M Bearish Breaker Block Setup, Targeting 3,202 ZoneI’ve marked a bearish breaker block on the 1-minute chart (3,316–3,319), also visible on the 15M timeframe. ✅ Last bullish push before the sharp downside breakout. ✅ Price retested this zone, wicked through it, and then sold off aggressively — reinforcing bearish order flow and the potential for deeper downside. I’m tracking this move as the final C wave of an ABC corrective pattern. ✅ The C wave started from the 3,319 high and is unfolding in a 5-wave substructure. ✅ 1-Minute breaker block around 3,316–3,319 — I’m watching for rejection here, which aligns with the 0.618 Fib retracement as an estimated end of wave 2. ✅ My current expectation: wave (3) and (5) of C could extend lower to the 3,256–3,202 zone. 🧩 Key Confluences: Bearish breaker block rejection 15M downtrend structure remains intact #XAUUSD #gold #forex #elliottwave #bearishbreakerblock #orderflow #priceaction
ICMARKETS:XAUUSDShort
by EWaveInsights
MTF outlook: local wave X/A finished, looking for retracementThe local wave X (or A) from April 8 low seems to have finished at $2790 on May 28th. Now looking for a retracement (wave Y or B). Locally, 0.382 Fib level at $2250 provide an interesting level for counter-trading, and I'd be looking for sign of local strength for a short-term long position. I'll start looking for sign of strength at 0.5 level ($2087), but in reality, I'd really like to see the POC tapped at $1875 for the best risk-to-reward ratio, and to finish the wave X (or B) move. The POC is derived from the larger wave Y since Dec. 2024 to April 2025. Timing is a guess but based on time-fib projection and understanding of the traditional market summer lull days, I'm expecting wave Y (or B) to finish late June to mid-July. June, July, August are dubbed the 'dog days of summer' because not a lot of price action happens, so trend usually stalls or corrects (this is statistical average). Just an intuitive guess.
BITSTAMP:ETHUSDShort
by urbangoose
S (Ex FTM) UpdateS is Preparing for a Key Liquidity Grab and Potential Reversal Previously, S swept the liquidity from the upside and formed a zig-zag corrective structure within a descending channel. Following a clean breakdown, it has struggled to recover — despite broader bullish conditions in the market. Now, the structure is showing strong signs of a potential long-side liquidity grab in the coming days or weeks. This setup often marks the final phase of accumulation before a major upside move. Additionally, the price action aligns perfectly with Fibonacci extension levels, particularly around the $0.38 zone, which could act as a key support and entry area for long positions. A decisive reaction from this zone could trigger the beginning of a strong reversal, leading to the next impulsive leg. — Thanks for reading.
Short
by vs_sayin
2
EURUSD Will Move Lower! Sell! Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.133. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.124 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. 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