Wave Analysis
XRP’s 1:3 R:R Setup Could Pay Off FastThe 4-hour chart for XRP/USD indicates a market that has been under selling pressure since the sharp drop around July 23rd, where price broke down from the 3.40+ range. Since then, XRP has been struggling to reclaim higher levels, with the red trend indicator line (likely a moving average or trend-follow tool) acting as a persistent dynamic resistance.
After bottoming near the 3.05 zone on July 25th, the price moved into a sideways consolidation, repeatedly testing both the lower range (around 3.08) and upper range (around 3.20). This tight range suggests accumulation or distribution ahead of a bigger move.
Currently, the chart shows a potential long setup triggered around 3.1450, with a stop loss just below 3.0797 and a take profit target at 3.3314. This setup aims to capture a breakout from the consolidation zone toward the previous resistance area just below 3.35. The risk-to-reward ratio is favorable (close to 1:3), making it an attractive trade for short-term swing traders.
The target level aligns with the price area before the breakdown on July 23rd, where sellers previously gained control. Breaking through that level could signal a short-term trend reversal. However, the price still needs to clear the 3.20 resistance with a strong candle close to confirm bullish momentum.
Trade Setup
• Entry: 3.1450 (current level, inside consolidation support)
• Stop Loss: 3.0797 (below recent swing low)
• Take Profit: 3.3314 (prior resistance zone)
• Risk-to-Reward Ratio: ~1:2.94
• Trade Bias: Short-term long aiming for breakout from consolidation
Gold is Falling Sharply – Will It Keep Falling?Hello dear traders, what’s your view on XAUUSD?
Yesterday, XAUUSD continued its strong downtrend and is now trading around 3,296 USD.
The recent drop in gold is largely due to the strengthening U.S. dollar, following the Federal Reserve’s decision to hold interest rates steady as expected — despite sharp criticism from President Donald Trump.
Technically speaking, after breaking below the rising trendline, gold failed to retest successfully and plunged further, confirming that the bearish trend is now in control. Price is currently moving below key moving averages, and the structure has clearly formed a sequence of lower highs and lower lows — reinforcing the likelihood of continued downside.
If a pullback occurs before the next leg down, the Fibonacci 0.5 and 0.618 retracement zone — which aligns with the EMA 34 and 89 and a major resistance level — will be a key area to watch. This could present a prime opportunity for breakout and trend-following traders.
Looking ahead, the next key support sits near 3,220 USD. If this level breaks, gold may head toward the 3,162 USD zone.
What do you think? Will gold keep falling, or will buyers step in? Drop a comment and hit follow to catch the next big move!
Gold price continues sharp declineHello everyone! Do you think gold will rise or fall? Let’s dive into the latest movements of this precious metal.
Just as we anticipated in yesterday’s strategy , gold has extended its downward move, with the bears firmly in control. The precious metal is currently trading around 3,290 USD, clearly signaling a short-term downtrend after breaking the ascending trendline that started in early July. Although there was a slight bounce, price remains capped below the key resistance zone of 3,333 – 3,350 USD, which coincides with the confluence of the 0.618 – 0.5 Fibonacci retracement and the EMA 34/89 — adding even more downside pressure.
The main reason behind this recent drop lies in the easing of trade tensions following the US-EU tariff agreement, which has significantly weakened gold’s safe-haven appeal. At the same time, the FOMC meeting yesterday failed to provide any bullish catalyst for gold. Even though the Fed is expected to keep rates unchanged, a single hawkish remark from Chair Powell was enough to intensify short-term selling pressure.
From a technical perspective, gold attempted to retest the broken trendline but failed, confirming the bearish structure. A new wave of correction could emerge soon, but the overall outlook remains tilted toward further downside.
My personal view:
Target 1 is at the 1.272 Fibonacci extension.
Target 2 lies at the 1.618 Fibonacci level — which could be the next destination.
And you — what do you think about this trendline break? Let’s discuss in the comments!
Nasdaq Short: Catching a rising knife. Stop loss at 23500.Hi everyone, here I am trying to catch the peak of Nasdaq again. As mentioned, the previous idea was stopped out at 23,320. Now, for this idea, I am attempting another short with a 30 points risk for Nasdaq. The stop for this idea is fixed at 23,500. The take profit is 22,650.
This is a positional trade and I will re-evaluate as the waves unfolds. So the strategy will mainly be trailing the stop periodically.
Thank you and good luck!
BTCUSDT – Diametric G-Leg Underway?⏱ Timeframe: 4H / 1H
🔍 Method: NeoWave + Smart Money Concepts (SMC)
📍Posted by: CryptoPilot
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🧠 NeoWave Progression Update
As outlined in our previous analysis, we are tracking a potential Contracting Diametric structure (A–G) originating from the March 2025 highs.
🚨 The G-Leg may now be actively unfolding.
Here’s what just happened:
• Price rejected sharply from the supply zone near 119,000–119,500, exactly where Wave F was expected to end.
• After a drop to 115,780 (minor trendline), price bounced, but failed to make a new high, stalling at 118,700, forming a lower high → classic signature of a developing G-Leg.
• This G-wave likely aims to break below Wave E low, seeking imbalance fills and structural resets.
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📊 Smart Money Confluence (SMC / ICT)
• 🟥 Bearish Market Structure confirmed via MSS on 1H: Lower Highs + Internal BOS
• 🟨 Buy-side Liquidity above 120k was already swept
• 🔻 Price failed to reclaim OB block around 119.5k
• 🧩 FVGs remain open between 114.5k–113k, acting as magnet zones
• 📉 Expectation: Price may now break the ascending minor trendline and accelerate toward the major structure low
📌 Primary Scenario:
• Wave G of Diametric in motion
• Potential structure: Zigzag or Complex Combination
• Expectation: Bearish continuation to break below 113k
📌 Alternative Scenario:
• If price closes above 120.5k, diametric structure may be invalidated
• Watch for triangle/flat development instead
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⚠️ Risk Management Note:
Price action near 118.7k–119.5k is crucial. Reclaiming that zone with strength changes the bias. Until then, sellers remain in control.
💬 Final Thought:
We’re tracking the final stages of a multi-month complex correction. The rejection at supply, combined with SMC signals and NeoWave symmetry, suggests sellers may push price into deeper demand zones soon.
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📌 Follow CryptoPilot for advanced wave structure updates, market geometry insights, and ICT-style smart money traps.
💬 Share your views or alternate wave counts in the comments!
THIRD TIME IS A CHARM (SUPPORT BREAK OR FURTHER ADVANCE)Price action has been holding the one year support line from July 2024 until now. A break will see GameStop price declining further to the old support at 10.00 USD. However, price is favourably expected to rise further to test the 47.00 USD and an extension to the old high if this support holds.
Set tight stop-loss below support line.
Use reasonable margin as per account size.
Trade safe
Roadmap to 3982: Key Long Entries and Profit ZonesThe initial long entry zone is between 3290 and 3275 .
From this range, an uptrend is expected to begin, targeting 3416 , which is our first exit point to close the initial long position.
After that, we wait for the next long entry , ideally around 3333 to 3319 . A new upward movement from this range is expected to reach 3455 . At this level, we continue to hold the position while placing the stop loss at the entry level to protect profits.
The next take profit target is 3650 , which may be reached by the end of 2025 or in 2026.
The final target is 3982 , which is likely to be hit in 2026, as the market may not have enough strength to reach it in 2025.
Gold (XAUUSD) – H1 Wave 5 in Progress | Bearish Setup Building📉 Gold (XAUUSD) – H1 Wave 5 in Progress | Bearish Setup Building
🕐 Timeframe: H1
🔍 Strategy: Elliott Wave + Support/Resistance + AO Divergence
The market has likely initiated Wave 5 on the H1 timeframe following a clean 5-wave structure. We’re now watching for the internal corrective Wave 4 of Wave 5 to complete.
📌 Key Zone to Watch:
Fibonacci Level 2.618 lines up with a previous support-turned-resistance zone — a high-probability reversal area.
Awesome Oscillator (AO) shows convergence, signaling weakening bullish momentum.
🔧 Execution Plan:
Waiting for M15 break of structure to confirm the end of the corrective sub-wave.
Will look to enter sell on confirmation of bearish continuation.
🎯 Target Zone:
The shaded green area below marks a strong support zone — potential TP area for Wave 5 completion.
CHFJPY LONGReason for entry
1. Regular flat structure
2. Ending structure in play
3. Gap 183.065 taken
4. Liquidity at the top (equal highs)
5. MACD divergence
Strategy: Engulfing candle should take out 184.058 to enter
Take Profit : 186.023
Stop loss: 183.211
Entry: 184.058/183.587 (GAP)
Once 185.208 is taken out, place trade at BE or Take profit
Potential BEARSAfter a prolonged and a complex correction, it looks out to be a FLAT CORRECTION with wave B producing a flat correction as well in a lower degree hence making it all complex. But at the moment we have a perfect channel AB=CD correction which prompts a continuation to the south. Fingers crossed 🤞 as the market rejects a resistance of the channel.
USDJPY I Weekly CLS I Model 1 / 2 I COT Bullish ASFYo Market Warriors ⚔️
Fresh Crypto Analysis— if you’ve been riding with me, you already know:
🎯My system is 100% mechanical. No emotions. No trend lines. No subjective guessing. Working all timeframes. Just precision, structure, and sniper entries.
🧠 What’s CLS?
It’s the real smart money. The invisible hand behind $7T/day — banks, algos, central players.
📍Model 1:
HTF bias based on the daily and weekly candles closes,
Wait for CLS candle to be created and manipulated. Switch to correct LTF and spot CIOD. Enter and target 50% of the CLS candle.
For high probability include Dealing Ranges, Weekly Profiles and CLS Timing.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trading is like a sport. If you consistently practice you can learn it.
COT Data
we can see reduced longs exposure and increasing shorts on JPY contract which is clear signs of bullishness confirmed by decreasing Net positions.
“Adapt what is useful. Reject whats useless and add whats is specifically yours.”
David Perk aka Dave FX Hunter
💬 Comment any Coin I ll give you my quick view