Once again, the 1-5 wave count confirms the current structure. A bounce is likely soon, and it could be in the range of 30–40%. Because of this potential, you might consider a small position with low leverage and a tight stop. Trade carefully, and stick to your plan.
This is a very short-term trade setup, but keep in mind that TradingView isn’t favorable toward analyses below the 1-hour timeframe. It appears that the 1-5 impulse wave has completed, and a pullback is likely to begin soon. Traders should be cautious and look for confirmation before entering. 📉🔍
It appears that the 1-5 impulse wave is reaching its final stages. However, in corrective structures, it's common to see waves like W-Y, W-Z, or extended patterns that mimic impulse waves. For that reason, it's crucial to wait for a confirmed break of the descending trendline before considering a reversal or entry. Patience and confirmation are key. 🔍📉
After breaking a diagonal formation, River is attempting a rally with volume. While the initial reactions may not be convincing, scaling into positions could be a good approach.💰🚀 If the diagonal breaks downward, it would provide an even better buying opportunity. In that case, buying around 25 and holding for a long-term target of 60 could be a strong strategy. 📈🔥
The impulsive move is close to ending, indicating a potential reversal. A minimum 9% pullback could be expected. Traders should watch for confirmation signals before taking action. 📉🔍
A potential channel formation is developing, and AUD is searching for new highs within an ABC structure on the daily timeframe. The target is around 0.65. If 0.636 fails to break, a correction could offer a good entry opportunity. Watch for confirmation signals. 📈🔍
The wave's beginning and structure are not impulsive, indicating a potential correction. I expect a pullback to at least 82.5K. If the price finds support at 82.5K and attempts another move up, but fails, then 82K is likely to break. Watch for price action confirmation. 📉🔍
(Preliminary Analysis – No Clear Confirmation Yet) The only factor supporting the diagonal possibility is that the rise marked in red is not an impulsive wave, which could indicate a classic ending diagonal formation. However, the starting point of the third wave of the diagonal remains uncertain. It could start from the current level or after a drop to around...
Before testing the $30 region, Viking is likely to retest the descending trendline around $34. This move could represent a 10% gain in the short term. If the descending trendline breaks, the next potential target would be $44, signaling a strong bullish continuation. Keep an eye on price action and volume confirmation! 📈🔥
The A and B waves in eBay’s structure are clearly identifiable. In the expected C wave zone, overlapping sub-waves and a formation are emerging. If the wave count is accurate, the 5th wave of the diagonal could start moving upward in the marked area.
Despite facing resistance at 1.088 on Friday, the wave structure and volume suggest that EUR/USD is likely to test the 1.095 region. A potential pullback towards 1.080 or even 1.075 at the market open on Monday could serve as a launchpad for another bullish move. Keep an eye on price action and volume for confirmation. 🚀
If Tesla breaks the small white descending trendline, its first target could be to test the main trendline. Monday’s price action should be watched closely, as a false breakout is possible. However, if the small trend is successfully broken, Tesla could see a 10% upward move before hitting the main trendline. If the price reaches the main wave and manages to...
On Monday, a pullback toward the trendline may begin in the zone marked as 5. If the trend breaks and the wave count is correct, this setup could offer a minimum of 200 pips in profit. High risk, but with a tight stop, it’s a trade worth considering! Manage your risk wisely. 🎯📉📈
According to Elliott Wave theory, if this is forming a diagonal ending, the price is likely to retest the nearest trendline. Watching for confirmation will be key to identifying the next move. 📉📈
ENS is likely approaching the end of either an ABC correction or a 1-5 wave structure. A minimum 3% retracement can be expected as a reaction. If the wave count is accurate, this could present a relatively straightforward trade opportunity. Watching price action for confirmation will be key! 📉📈 However, do not enter a trade without a confirmed trend breakout!...