Get started

Wave Analysis

USOIL Buyers In Panic! SELL! My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 69.92 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 69.38 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
TVC:USOILShort
by AnabelSignals
1
QQQ On The Rise! BUY! My dear subscribers, QQQ looks like it will make a good move, and here are the details: The market is trading on 508.17 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 520.29 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQLong
by AnabelSignals
1
Gold, An upward movement incoming ?Hello traders, I hope you are great. our latest analysis on Gold hit all its targets and we gained a profit of around 800 pips; but what's next ? Will the price continue its downward correction or not ? Let's clarify things a bit to make decision making easier for ourselves: With the delayed possibility of a ceasefire in the war between Ukraine and Russia, as well as existing tensions between the USA and other countries, the likelihood of a continued correction in gold has diminished at least in the short term. We should also keep in mind that there is a possibility of renewed conflict between Hamas and Israel in the upcoming Days. If we have consider these factors together, it seems to me there is at least a chance of another upward movement in Gold. Targets have determined by Blue dashed lines. And finally Tell me What are your thoughts about GOLD ? UP or DOWN ? comment your opinion below this post.
OANDA:XAUUSDLong
by aminrzb
1
EUR/USD: Bulls Are Fading – Will the Bears Take Over?As the new trading session begins, EUR/USD continues to follow its previous trend. The pair is moving exactly as anticipated, currently testing the 0.5 - 0.618 Fibonacci retracement levels. The previous bullish channel has been broken, signaling a potential shift in momentum. Selling pressure remains strong, fueled by the weaker ISM Manufacturing PMI, which has increased USD volatility but hasn’t been enough to change overall market sentiment. From my perspective, the bears are still in control, and I’m betting on their dominance to persist. What about you? Do you agree with my outlook?
Short
by Bullback_FX
1
NIFTY - 5TH WAVE IS GOING TO PERFORMYour Elliott Wave analysis suggests that NIFTY is currently completing a complex 4th wave correction, which often involves sideways or volatile moves before the impulsive 5th wave begins. Since Wave 4 tends to be unpredictable, it's crucial to monitor key support and resistance levels to confirm the upcoming 5th wave rally. Key Observations & Expectations: Wave 4 Complexity & Volatility: Wave 4 corrections are often zigzags, flats, or triangles—leading to choppy price action. Expect sharp up and down swings before NIFTY resumes its uptrend. Wave 5 Impulse Move: Once consolidation ends, Wave 5 should break above Wave 3’s high. Expect higher highs, supported by strong momentum and volume. Confirmation Levels: Support: Recent lows from the correction (possible retests). Resistance: Previous high (Wave 3 top). A breakout with high volume would confirm Wave 5 initiation. Trading Strategy: Avoid aggressive positions in Wave 4 due to its choppy nature. Look for a breakout above key resistance before entering long positions. Use tight stop losses if trading within the range. Key Takeaways: ✅ Current Phase: Wave 4 correction (complex and volatile). ✅ Next Move: Once consolidation ends, Wave 5 will be an impulsive move upward. ✅ Key Levels to Watch: Support: Recent lows from the correction phase. Resistance: Previous high (Wave 3 top). Conclusion: NIFTY is currently in a volatile phase but preparing for a strong upside move in Wave 5, which is typically the most impulsive leg. A breakout above key resistance will confirm the uptrend, and traders should position accordingly. 👉 Disclaimer: This analysis is purely for technical knowledge purposes only. Before making any trading decisions, consult your financial advisor.
NSE:NIFTYLong
by shiva560060
XAUUSD 4H Gold Analysis (XAU/USD) Given the changing market conditions and the increasing impact of off-calendar news, trend-following strategies are not performing as effectively as before. A more setup-based and swing trading approach is now preferable. 🔸 Range Expectation: No significant breakout expected until March 24. 🔸 Potential Pullbacks: 2800 likely, 2688 possible. 🔸 Upward Target Identified: 3135. ⚠️ Key Takeaway: The market is not allowing clear trend formations and remains highly volatile. Caution is advised—if necessary, step back from trading and focus on capital preservation. High precision analysis, amazing results!
OANDA:XAUUSD
by GreyFX-NDS
Gold XAUUSD Move 03-07 March 2025Technical Analysis & Trade Signal Market Overview: Current Price: Around 2,858.140 USD Trend Analysis: The price was in an uptrend but recently broke down, indicating a possible bearish reversal. A key support level was broken, which is now acting as resistance. Key Levels: Resistance Zones: Minor Resistance: 2,900 - 2,920 USD Strong Resistance: 2,960 USD Support Zone: 2,780 - 2,800 USD Trade Signal: 📉 Sell Signal: If the price retests the 2,900 - 2,920 USD resistance zone and rejects downward, enter a short trade targeting 2,800 USD. 📈 Buy Signal: If the price holds support around 2,780 - 2,800 USD and starts moving up, consider a long trade targeting 2,900 USD. 👉 Confirmation: Use additional indicators like RSI, MACD, and volume to confirm the trade setup before executing.
OANDA:XAUUSD
by Quinn901
BTC UPDATE!!BTC Update: The current Bitcoin price has entered a critical selling pressure zone. To maintain a bullish outlook, a break above the $99.5k-$100k resistance level is necessary. Failure to do so may result in the formation of lower highs on the daily time frame, potentially leading to another downward move towards the FWB:73K -$72k support zone. On the weekly time frame, Bitcoin has left a wick downside without closing below it, which is a positive sign. However, the next candle is crucial, and a close above the $99.5k-$100k zone is needed to maintain bullish momentum. A close below the $90k- GETTEX:89K zone would likely confirm another downward move towards the lower low structure of FWB:73K -$72k. As indicated by the chart, failure to break above the $99.5k-$100k zone may result in the formation of lower highs, potentially leading to another downward move. Investors are advised to exercise caution and not be swayed by market noise. The chart is indicating a potential move towards lower lows if the resistance level is not broken. To manage risk, consider booking short-term profits and implementing stops on the profit side. Always prioritize risk management and adjust positions accordingly. Key levels to watch: - Resistance: $99.5k-$100k - Support: FWB:73K -$72k - Critical zone: $90k- GETTEX:89K
by Peter_Wade
DOGE: Is the bottom in?This weekend looks like the crypto God candle weekend for the majors. Doge is also looking strong, but chance of it being part of the US strategic reserve is slim to none. But, when tide is rising, it doesn't matter. Right now, the challenge in front of doge is to get out of the downward channel, and fast. The price action has two bullish scenarios left. Depending on how strong the momentum gets, one or the other should come to pass. 1. Ending diagonal (pink): The price action for both intermediate 1 and Minor 1 can be counted as 3 waves zigzag or five waves and be valid. This is something that EW sometimes cannot paint a clean picture until a lot of time passes. But as traders, we need to just figure out the next move and be prepared. In case doge is playing out an ending diagonal pattern, then we should see 3 waves moves to the upside. And since, it is an expanding diagonal, we should see wave 5 is larger than wave 3. So, as a normal range of 1 to 1.236 extension, price should top out between $1.1 to $1.6. The confirmation will be a sharp decline from the top. 2. Wave 3 of 3 of 5 (blue): probability of this should be greater with a strong momentum to the upside. We should see price rocket out of the channel and get to all time high before a meaningful pullback. Price should break through $1 milestone and go higher without stopping for a breather as we have seen in the previous rocket moves. Target will be $6-$10 and level of insanity will be at its peak! How to trade between the two scenarios: The difference of targets between the two scenarios is massive. We don't want to take a risk of losing all the gains in matter of days, nor do we want to stay on the sidelines when price makes 6x gains in matter of weeks. So, to stay safe, it is important to take some profit between 1 - 1.236 fib extension (at least 25% - 30%) and put a stop loss at $0.48 for the rest. There could be other higher areas to put the stop loss to phase out with more gains, but $0.48, which is the top of minor wave 1, and breaking that will be the confirmation of the top. If price doesn't make it to that level and goes back up to make strong highs, then buy back in at the breakout (this would be one of the scenarios where we can buy a breakout) to jump back on the ship and ride the lightning. Bear case: There is always the other side of the coin. If price fails to break above $0.28 and the channel, then chances are, the downtrend will continue. It can keep going down to find support at the trend lines. If the trend lines break, then chance of primary wave 4 still in play goes higher. Target can be anything till $0,018. Hope that is not the case...
CRYPTO:DOGEUSDLong
by mukit1
WIF USDTWIF/USDT - Key Levels to Watch 🚀 SEED_WANDERIN_JIMZIP900:WIF is testing the bottom support of a descending wedge, a pattern that often precedes a breakout. If a reversal happens, upside potential is significant with the following targets: ✅ First Resistance: $1.706 ✅ Second Target: $3.079 ✅ Major Breakout Level: $4.249 This setup suggests a high-risk, high-reward opportunity! A confirmed breakout above $1.70 could open doors for a massive rally. Keep an eye on price action! 🚀
by VIPROSE
BANKNIFTY : Intraday Trading levels and plan for 03-Mar-2025 This analysis provides a comprehensive trading plan for the BANKNIFTY index on March 3, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍 🔹 Scenario 1: Gap-Up Opening (200+ points) If BANKNIFTY opens above 49,131 (a gap of 200+ points from the previous close of 48,931), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher after recent downside pressure. If the price sustains above 49,131, it could target the resistance zone of 49,524–49,782. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs. If the price faces rejection at 49,524–49,782, a reversal trade could be considered, targeting a pullback to 48,813–48,931 (opening support/resistance and previous close). Should the price break above 49,782 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 50,000 or higher. ✅ Trade Plan: ✔️ Buy on a breakout and retest of 49,131 , targeting 49,524–49,782. Use a stop-loss below 48,931 to manage risk. ✔️ Short if the price rejects 49,524–49,782, aiming for 48,813–48,931. Place a stop-loss above 49,782 to limit potential losses. Explanation: A Gap-Up opening of 200+ points indicates a potential reversal from the recent downtrend. Waiting for a retest of 49,131 confirms bullish intent, while the resistance at 49,524–49,782 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum resurfaces. 🔹 Scenario 2: Flat Opening (Near 48,931–48,813) If BANKNIFTY opens within the range of 48,931–48,813, it suggests a balanced market with no clear directional bias, likely consolidating near recent support levels. This zone acts as a critical opening support/resistance area. A breakout above 48,813 could drive prices toward 49,524–49,782, signaling bullish momentum and a possible trend reversal. A breakdown below 48,931 might lead to selling pressure, targeting 47,573–47,363 (buyer’s support/must-try zone) or even 47,300 (key support level). ✅ Trade Plan: ✔️ Buy above 48,813 , targeting 49,524–49,782. Use a stop-loss below 48,931 to protect against a false breakout. ✔️ Sell below 48,931 , targeting 47,573–47,363 or 47,300. Set a stop-loss above 48,813 to manage downside risk. Explanation: A Flat opening within the 48,931–48,813 range indicates the market is in a consolidation phase, a no-trade zone unless a breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to confirm a breakout above 48,813 for a bullish move or a breakdown below 48,931 for a bearish move, avoiding premature entries. 🔹 Scenario 3: Gap-Down Opening (200+ points) If BANKNIFTY opens below 48,731 (a gap of 200+ points from the previous close of 48,931), it signals bearish sentiment and potential weakness, testing lower support levels. Immediate support lies at 47,573–47,363 (buyer’s support/must-try zone). If this holds, a pullback toward 48,931–48,813 could occur. If 47,573 breaks with strong selling pressure, expect further downside toward 47,300 (key support level for a possible reversal). ✅ Trade Plan: ✔️ Buy near 47,573 , targeting a pullback to 48,931–48,813. Use a stop-loss below 47,363 to limit risk. ✔️ Short below 47,573 , targeting 47,300. Place a stop-loss above 47,573 to protect against a quick recovery. Explanation: A Gap-Down opening of 200+ points suggests continued downward pressure, but support at 47,573–47,363 could trigger a rebound if it holds. Waiting for confirmation near 47,573 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting. The 47,300 zone is a critical level for a potential reversal if buying interest emerges. 📌 Risk Management Tips for Options Trading 💡 🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses. 🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,524 or 47,573) to secure profits while allowing room for further moves. 🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions. 💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market. 📌 Summary & Conclusion 🎯 ✔️ Bullish Above: 48,813 → Target: 49,524–49,782. ✔️ Bearish Below: 48,931 → Target: 47,573–47,363 or 47,300. ✔️ No Trade Zone: 48,931–48,813 (Wait for a breakout). Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on March 3, 2025. 🚀 ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
NSE:BANKNIFTYShort
by LiveTradingBox