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Wave Analysis

My alternate wave count for silverBelow is a slighly altered wave count for silver...it shows we have completed wave 5(yellow) which is a wave 1 (white) and are now in the process of working out wave 2 (white)...the first leg down (a) has just completed...and wave b of the ABC should start and complete over the next few days...follwed by one more low (wave c)...around the $34-$34.50 area. I do not expect a move below $34 due to all the support on the chart at this level (look left and you will see that the $34 was a major prior resistance zone...when resistance is broken it becomes support. If this count is the correct one (again it is my alternate to the one posted previously), it meas a bit more patience is required over the next few weeks...before we see a major move up (above $50) will start.
FOREXCOM:XAGUSDLong
by ConservativeOne1
Bullish Rejection from Support, Upside in FocusMarket Overview: On the M15 timeframe, XAUUSD shows signs of a short-term bullish reversal after a prolonged sideways range around the key support zone of 3,286 – 3,289 USD. Price faked out below this support but quickly recovered, forming a V-shape reversal, suggesting strong buying interest has returned. Key Levels to Watch: Support Zones: - 3,286 – 3,289: Strong intraday support, tested multiple times with sharp rejections - 3,274: Next significant support if the above zone fails Resistance Zones: - 3,300 – 3,304: First resistance target aligned with the recent high - 3,308 – 3,312: Higher resistance area where supply may emerge Technical Indicators: EMA: Price has reclaimed the short-term EMAs, indicating bullish momentum on lower timeframes RSI: Rising above 50 but not yet overbought – there’s room for further upside Volume: Increasing volume during the bounce confirms buying strength Trading Strategy: - Bullish Scenario (Preferred): Entry Zone: Watch for pullback toward 3,290 – 3,292 Stop Loss: Below 3,285 Take Profit 1: 3,300 Take Profit 2: 3,304 Extended Target: 3,308 – 3,312 (if bullish momentum continues beyond breakout zone) - Bearish Scenario (Alternate): Only valid if price breaks and closes strongly below 3,286 Short Target: 3,274 – 3,270 Note: Counter-trend strategy – higher risk, requires strong confirmation Conclusion: Gold is showing a bullish price structure on the 15-minute chart. As long as price holds above the 3,286 – 3,289 support zone, the path of least resistance appears to be upward, with 3,300 and 3,304 as the next logical targets. Monitor price action closely during the U.S. session for a potential long setup. - Follow for more real-time gold trading strategies and save this idea if you find it helpful!
FX:XAUUSD
by Henrybillion
4
Fibonacci Retrace Strategy NAS100 Trade Idea📈 NASDAQ 100 (NAS100) is holding a strong bullish trend 🚀. After a weekend gap-up 🕳️➡️📈, price retraced back into the gap zone—exactly what you'd expect in a healthy trending market. 🔍 I'm applying my Fibonacci Expansion + Retrace Strategy 🔢, watching closely for a pullback into equilibrium ⚖️ within the previous price swing. That’s where I’ll be waiting for a bullish market structure break 🔓📊 to confirm my long bias. 🧠 Patience is key here—let the setup come to you. 📌 As always, this is not financial advice!
PEPPERSTONE:NAS100Long
by fxtraderanthony
GOLD - Monthly breakout retest may confirm multi-year bull cycleHello everyone, what are your thoughts on the long-term outlook for XAUUSD? Looking at the monthly chart (1M), we can clearly see that XAUUSD has broken out of the long-standing ascending channel that has held since 2015 — a major signal suggesting the start of a new bullish cycle. Price is now retesting the previously broken trendline, hinting at the possibility of a fresh upward leg to resume the longer-term bullish trend we've seen recently. Personally, I'm targeting $3,600 in the medium term, and potentially $4,000 by 2026–2028 if institutional capital continues to rotate back into safe-haven assets like gold. What about you — do you think BTC/USD will rise or fall in the coming years? And what’s your target for it?
OANDA:XAUUSDLong
by Alexx_Bui
3
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! We are now examining the EUR/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 168.581 level. 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 COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
USDCAD Analysis – July 16, 2025 Following the ceasefire between Iran and Israel, oil prices have weakened, reducing support for the Canadian dollar, which is closely tied to crude. As a result, CAD could remain among the weaker currencies over the next two weeks. Meanwhile, the US dollar may gain strength following the CPI data released on July 15, 2025, potentially setting up a favorable swing opportunity for USDCAD bulls. 🟥 High-Risk Setup – R:R 7.0 This aggressive setup targets a sharp upside move with a tight stop loss, aiming for a high reward relative to the risk. It's suitable for traders comfortable with volatility and willing to accept a lower probability for a higher payout. 🟦 Moderate-Risk Setup – R:R 2.5 A more balanced scenario with a wider stop and a closer target, offering a higher probability of success and smoother trade management. This setup aligns well with swing trading strategies seeking consistent results. Both setups are based on the current price action structure visible on the chart. Trade safe, manage your risk, and follow your plan. ✅
Long
by MasoudEskandari
Elliott Wave Analysis – XAUUSD August 1, 2025📊 ________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Momentum has reversed to the upside. Based on this signal, we expect a bullish trend to continue for the next 5 daily candles — likely until mid-next week. • H4 Timeframe: Momentum has also turned upward → This suggests that from now until the U.S. session, the price will likely continue to rise or consolidate with an upward bias. • H1 Timeframe: Momentum is currently turning down → We anticipate a short-term corrective move. We should wait for H1 to enter the oversold zone and give a bullish reversal signal before looking for long entries. ________________________________________ 🌀 Wave Structure Analysis: The current wave structure remains complex and lacks clear confirmation. Thus, the current wave labeling should be considered provisional. However, the wave count has not been invalidated, and D1 momentum supports a bullish outlook — so we continue to maintain our wave structure bias. Important Note: Wave (C) in red appears relatively short. This leaves open the possibility that the price may continue lower, targeting: • ⚠️ 3246 • ⚠️ 3200 → This scenario will be triggered if price breaks below 3268, especially given today's Nonfarm Payroll (NFP) report. ________________________________________ 📌 Two Possible Wave Scenarios: 1. Scenario 1: Black Waves 1 – 2 – 3 o Wave 1 (black) is complete. o We are now in Wave 2 (black) → Preparing for Wave 3. o Wave 3 tends to be strong, impulsive, and sharp with large candle bodies. o Target: 3351 2. Scenario 2: Black ABC Correction o The market is currently in Wave B (black). o Potential target for Wave C: 3328 ________________________________________ 🛡 Support Zones & Trade Strategy: • Support Zone 1: 3290 → A good area for potential buying, but we must wait for H1 to enter the oversold region and show a bullish reversal. • Support Zone 2: 3275 → Deeper buy zone if the price corrects further. ________________________________________ 💡 Trade Plan: 📍 Option 1 – Buy Limit: • Buy Zone: 3290 – 3289 • Stop Loss: 3280 • Take Profit 1: 3309 • Take Profit 2: 3328 • Take Profit 3: 3351 📍 Option 2 – Buy Limit: • Buy Zone: 3275 – 3273 • Stop Loss: 3265 • Take Profit 1: 3309 • Take Profit 2: 3328 • Take Profit 3: 3351 ________________________________________ 📎 Notes: • Experienced traders should wait for clear confirmation signals on H1 before entering trades. • New traders may consider using limit orders in the proposed buy zones.
OANDA:XAUUSDLong
by WavePoint_FX
Gold on the edge: Will 3,270 break as Fed pressure builds?Hello traders, what’s your view on XAUUSD? Yesterday, gold remained under pressure as a series of fresh U.S. economic data reinforced expectations that the Federal Reserve will keep interest rates higher for longer. As a result, U.S. Treasury yields surged, the dollar strengthened, and gold came under renewed selling pressure. Currently, XAUUSD is trading around 3,288 USD, down 0.04% on the day. From a technical standpoint, gold is clearly trading within a well-defined downward-sloping channel, confirming the dominance of bearish momentum. Moreover, both the EMA34 and EMA89 are acting as dynamic resistance levels, repeatedly rejecting any short-term recovery attempts—highlighting the strength of the current downtrend. If a pullback occurs before the next leg lower, the confluence of resistance and the EMA zone will be crucial to watch. It could offer ideal conditions for potential short setups in line with the trend. Looking ahead, the next key support lies at 3,270 USD. A break below this level could open the door for a deeper move toward the 32XX area. What do you think? Will gold continue to drop further? Good luck and trade safe!
OANDA:XAUUSDShort
by Alexx_Bui
8
BitcoinBitcoin/TetherUS (BTC/USDT) Trading Analysis - Jul 15, 2025 Key Observations: Price Movement: Current Price: $117,692.46 24h Change: -2,148.72 (-1.79%) Range: Low of $116,250.00 to High of $119,940.83 The price is currently near the lower end of the day's range, indicating bearish pressure. Support and Resistance: Support Levels: Strong Support: $112,000.00 (marked as S/L) Intermediate Support: $113,500.00 and $110,000.00 Resistance Levels: Immediate Resistance: $119,900.00 Higher Resistance: $120,000.00 and $122,500.00 Profit Levels: The "Profit" section lists potential take-profit targets, with the highest at $135,000.00. The price has recently dipped below the $120,000.00 psychological level, suggesting weakening bullish momentum. Trend Context: The chart spans from June to September, but the current price action (July) shows consolidation after a potential pullback from higher levels. The presence of multiple support levels ($112K–$116K) suggests a critical zone for buyers to defend. Actionable Insights: Bearish Short-Term: The price is below key levels ($119,900–$120,000) and has broken below $118,250.00. A retest of support at $112,000.00 is plausible. Bullish Reversal Signal: If BTC holds above $112,000.00 and reclaims $120,000.00, it could target $122,500.00 or higher. Risk Management: A break below $112,000.00 (S/L) may trigger further downside toward $110,000.00 or lower. Conclusion: The market is currently in a corrective phase. Traders should monitor the $112,000.00 support for potential reversals or breakdowns. A close above $120,000.00 would shift bias to bullish.
Long
by Tdawly_Official
Dow Jones US30 Trend Analysis and Trade Plan Breakdown📈 US30 (Dow Jones) is currently in a strong bullish trend 🔥. This is clearly visible on the 4H chart, where we’re seeing a consistent pattern of higher highs and higher lows 🔼🔼. 👀 I’m watching for a potential long opportunity, especially since the higher timeframes remain firmly bullish 🟢. 🎥 In the video, we break it down: A quick overview of the 4-hour structure Then dive into a potential trade setup on the 30-minute chart ⏱️🔍 🧠 This is for educational purposes only and not financial advice ⚠️📚
PEPPERSTONE:US30Long
by fxtraderanthony