Get started

Waves

Hellena | SPX500 (4H): Long to resistance area 6117 (Wave “3”).Dear Colleagues, I believe that price will still make new highs. I expect that the wave “5” of the middle order is not yet complete. Perhaps the price will test the 50% Fibonacci level of 5847 and then start an upward movement to the resistance area of 6117 (Wave “3”). This correction may not happen, then it would mean that the price continued the wave “3”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
6
Ultra Bullish On Crypto - Especially BTCOver the last ewek we've seen signals jive in such a way that leans towards the most almighty bullish sentiment. Not only have ween seen an all time high on BTC, we've seen the upper trend line breached that we've been waiting for so long for. Equally, the cup and handle looks very much in play with a target in high excess of $250k. At this time, I'm super bullish on BTC and will be buying up all the dips from here on in until we get the terminal end of wave 5 of 5, which is months away. So, enjoy the up and down, know that up is the direction we're going in and goggle up all the dips like a raging Miss Pacman!
Long
by cryptechcapital
SLB 5M Daytrade Long Aggressive CounterTrend tradeAggressive CounterTrend trade - short impulse + support level - unvolumed T1 level + volumed 2Sp- - weak test closed below T1 + first bullish bar closed entry - target beyond 5M / 1H range Calculated affordable stop limit 1 to 2 R/R take profit expandable to swing / investment trade 1 Hour CounterTrend "- short balance + expanding ICE + support level + biggest volume manipulation" 1 Day Trend "+ long impulse + SOS test level + support level + 1/2 correction" 1 Month Trend "+ long balance + expanding ICE level + support level + 1/2 correction + volumed manipulation" Sell SLB Limit 44.54, GTC Sell SLB Stop 42.29 LMT 43.06, GTC
NYSE:SLBLong
by MishaSuvorov
Expecting an upside breakRecently, I published an analysis on this currency pair in which I mistakenly drew the target price for wave B. Generally, corrective wave B is equal to wave A in terms of time and price, and wave B is often shorter than wave A. Currently, wave B is equal to wave A in terms of time. Additionally, the price has recently formed a triangle pattern, and it’s expected that once wave B is completed, it will break upwards from this triangle, complete wave C up to the end of the channel, and then resume its downward trend. So, we are waiting to see if the price will break this triangle upwards or downwards.
Long
by habib75rajabi
Hellena | GOLD (4H): Long to 2712 (Where is the end of wave 3? )Friends, I am wary of giving any long-term forecasts, because an interesting situation has developed at the moment. I believe that the big wave “3” is coming to an end. But it is difficult to say exactly where. Now the price continues its upward movement and I will trade in small intervals. At the moment I think that the price will rise a little more to the area of 2712. After that I will expect a correction and then we will think where and how we will see wave “5”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
34
Update to Dow Jones Industrials Time At Mode Back in 2015 I had published a chart with annual data for the Dow Jones Industrials. I will provide a link at the bottom. The research for this patterning is something I did myself by hand using pencil and paper back in the 1980's. These patterns show up in all time frames. There is plenty of room to enhance the research on this technique and a group of us gather in the chat rooms here at TradingView to discuss new trades that set up and point out when trades expire. Notice how these two grey boxes (which are both 50% drops in price) that expand wider in time from the 1960's to the 1980's and the 2000-2010's had a multi-year trend, followed by a monster crash (1987 was 40% and 2000 was 37%) and then just two+ years later there was a secondary bear market of 20% in 1990 and 22% in 2022. Keep in mind this is just for the DJ:DJI and not the Nasdaq Composite or S&P500 which were greater corrections. The 11-year time frame of the 1999-2011 pattern allows for an 11-year rally from 2012 (which was year 1 of the 11-year rally) shows that time expired. As you can see from the 1943-1962 trend, a smaller 5-year mode formed at the end of the 20 year trend and then the market peaked in 1972-1973 when time expired for the second, smaller mode. I had to reconstruct this chart after the data for the previous chart changed symbol. See the link below to see the original. I look forward to your additional research onto this pattern and its implications to the idea that we are in a similar period to 1993-1994 with rally years of 1996, 1997, 1998, 1999 and 2000 ahead of us. All the best, Tim October 19, 2024 3:31PM EST
Editors' picks
TVC:DJI
by timwest
14
TATN 5M Daytrade Short Aggressive Trend TradeAggressive Trend Trade - long impulse + biggest volume T1 + biggest volume 2Sp- + weakness - didn't wait for test to complete + target before 1/2 of hourly wave Calculated affordable stop loss 1 to 2 R/R take profit 1H Trend "+ exhaustion volume + short impulse + 1/2 correction + SOW / T2 volumed level + volumed manipulation" 1D CounterTrend "- long impulse - T1 level + resistance level + biggest volume manipulation" 1M Trend "+ short impulse + SOW level + 1/2 correction + resistance level" Convertible to Swing / Investment trade if 1H and 1D close right. Watch out for the gap since it's a stop market!
RUS:TATNShort
by MishaSuvorov
October, ScenariosIn the previous update, we presented the Triangle scenario in wave . It is shown on the left. This scenario is supported by the robust structure of the Triple Three wave pattern and the traditionally positive seasonality for Bitcoin in the October-December period. For instance, the average monthly growth of BTC in October is 19.6% (since August 2017). Are there potential corrective alternatives? Perhaps the most promising one is the formation of a Diagonal from 49000. This is also a bullish scenario but requires much more time to develop and suggests significant fluctuations in the 50-68k range over the next two months. The scenario will start to become relevant if the pullback from 66498 does not conclude at the current levels and evolves into a full-fledged correction. Crossing 57493 would invalidate the Triangle scenario, switching us to the Diagonal. The weak point of the Diagonal scenario is that the preceding segment is hard to decompose into quality waves. Meanwhile, market operators have a strong temptation to hit the "weak hands" of margin buyers, driven by FOMO and the expectation of an ATH.
by Nickonomics
SMLT 1H Swing Long Aggressive CounterTrend TradeAggressive CounterTrend Trade + long impulse + 1/2 correction + volumed T1 - support level??? + volumed 2Sp+ + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit expandable to Investment trade Daily CounterTrend "- short impulse + volumed TE / T1 + support level + volumed Sp + weak test" Monthly CounterTrend "+ short balance + ICE level + 1/2 correction + support level + biggest volume manipulation"
RUS:SMLTLong
by MishaSuvorov
Platinum: Little Consolidation (Wave 4); Golden RatioWe can see a very well defined cycle, and wave 1 to 3 already created. This new cycle could be a consolidation, the price can drop to 14,6% or 23,6% level. Or even in the middle between 38,2% and 23,6%, where other wicks has already touched, creating a support, where can also occur the last candle of Wave 4. Open interest in NYMEX:PL1! is falling and the major trend rising, it can occur a reverse, and this reverse will be the Wave 4. RSI left the Overbought level, followed by a failure swing, resulting in continued decline of the indicator. After the peak $1,016.45, ADX is losing strength while DMI+ has a high probability of changing position with DMI-.
CAPITALCOM:PLATINUM
by AFCapital21
Dollar Index SellAs dollar index had expierenced waterfall during new on US session and it has stopped over its weekly support and is also forming a falling wedge pattern which is a Bearish Continuation pattern now and it has also completed ABCD waves and going to complete its last E wave if everything goes inline after E Waves it will break down its weekly to daily Support and will start falling again after a reset market sentiment is also indicating that DXY will continue falling also the confluence is price is trading in down trend on daily to H4 to H1 TF and bullish in weekly and monthly TF according to my anylisis DXY will keep falling till its weekly base acting as support on 98.00
TVC:DXYShort
by Wakeel_Saab
Quality Wave Setup Elliott wave analysis, as a method and tool, advocates a bullish outlook as it is difficult to find a substantial bearish alternative within the 73777-49000 range. The Triple Three correction exhibits near-ideal ratios and alternation of wave patterns within. The Triangle in Wave can be considered either complete (minimum conditions are met) or incomplete as long as the price remains below 65000. The latter scenario would be more favorable, as it would provide an opportunity to re-enter the market for this year's final rally.
by Nickonomics