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Wave Analysis

USOIL Is Bearish! Short! Please, check our technical outlook for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 69.178. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 66.684 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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 subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
2
BTC Double Combo CorrectionFollowing a failure to maintain support at several critical technical levels, Bitcoin now appears vulnerable to a potential decline toward the ~$111,000 region. This projection is derived from an Elliott Wave corrective structure identified as a WXY Double Combination. The initial leg of the pattern features an ABC correction terminating near the 0.618 Fibonacci extension, thereby establishing the W pivot. This is succeeded by the X pivot, followed by a sharp, impulsive decline forming the Y wave. By applying a trend-based Fibonacci extension across the W, X, and Y pivots, we can estimate the probable termination point of the corrective sequence—typically extending into the 1.0 to 1.1 Fibonacci range. This move is anticipated to unfold over the weekend, potentially presenting a strategic buying opportunity, contingent on a favorable reaction at the projected low. Sunday evening may offer optimal conditions for entry, as traditional market participants—limited to weekday trading—could miss the initial dip, subsequently being compelled to re-enter at elevated price levels.
Long
by afurs1
1
GBPAUD Potential Bullish Reversal Setup – Key Breakout Levels GBPAUD is showing signs of a potential bullish reversal after a prolonged downtrend, with price consolidating within a descending wedge pattern. The pair is testing a breakout point, and fundamentals favor a bullish recovery supported by GBP strength relative to AUD weakness. Technical Analysis (4H Chart) Pattern: Descending wedge formation, often a bullish reversal structure. Current Level: 2.0507, holding within the wedge and preparing for a potential breakout. Key Support Levels: 2.0416 – immediate support and invalidation zone if broken. 2.0350 – extended support if bearish pressure resumes. Resistance Levels: 2.0650 – near-term breakout level. 2.0740 – secondary bullish target if breakout confirms. Projection: If the wedge breaks upward, price could rally toward 2.0650 initially, then 2.0740 for further confirmation of bullish momentum. Fundamental Analysis Bias: Bullish if breakout confirms. Key Fundamentals: GBP: BOE remains cautious but leans toward maintaining tight policy amid sticky inflation. AUD: RBA is constrained by weaker growth and trade risks linked to global tariffs, limiting AUD upside. Global Sentiment: Risk-off sentiment weighs on AUD, favoring GBP relative strength. Risks: Hawkish RBA surprise or strong China data could strengthen AUD. BOE dovish signals may cap GBP upside. Key Events: BOE policy updates and UK inflation data. RBA meeting and Chinese economic releases. Leader/Lagger Dynamics GBP/AUD is a lagger, often following EUR/AUD and GBP/USD movements, but it could gain momentum if GBP strength broadens against risk-sensitive currencies. Summary: Bias and Watchpoints GBP/AUD is setting up for a bullish reversal, with key breakout confirmation above 2.0650. A move toward 2.0740 would reinforce this scenario. The main watchpoints are BOE policy tone, RBA updates, and China’s economic signals.
Long
by ultreosforex
1
XAU/USD GOLD NFP DIRECTIONThis chart analysis is for XAU/USD (Gold vs. U.S. Dollar) on the 4-hour timeframe. The focus is on a bearish market structure, highlighting potential Price of Interest (POI) zones for a short (sell) setup. Key Elements: Market Structure: Clear downtrend with lower highs and lower lows. POIs Identified: Optional POI: An initial supply zone where price might react. Extreme POI: A more significant supply zone marked for a stronger potential reversal. Labels & Notes: The price levels are marked between 3,320 – 3,340, showing where the reversal is expected. Interpretation: The chart anticipates a retracement upward into the POIs before continuing the bearish move. Traders may look to enter short positions around these zones, especially the Extreme POI, which is seen as a high-probability reversal area.
OANDA:XAUUSDShort
by Pips_Hunter_Forex
2
Bitcoin: New All-Time High — What’s Next?Bitcoin had an incredible run, breaking the old all-time high ($111,980) with strong bullish momentum and setting a fresh ATH at $123,218 (Binance). We just witnessed the first major corrective move of ~6% and a decent bounce so far — but the big question is: What’s next? Will Bitcoin break higher over the summer or form a trading range here? Let’s dive into the technicals. 🧩 Higher Timeframe Structure May–June Range: BTC was stuck between $110K–$100K, forming an ABC corrective pattern. Using trend-based Fib extension (TBFE) from A–B–C: ✅ C wave completed at $98,922 (1.0 TBFE) ✅ Upside target hit at $122,137 (-1 TBFE) Full Bull Market TBFE: ➡️ 1.0 → $107,301 → previously rejected ➡️ 1.272 → $123,158 → recent rejection zone Pitchfork (log scale): ➡️ Tapped the upper resistance edge before rejecting. Previous Bear Market Fib Extension: ➡️ 2.0 extension at $122,524 hit. 2018–2022 Cycle TBFE: ➡️ 1.618 at $122,011 tapped. Macro Fibonacci Channel: ➡️ Connecting 2018 low ($3,782), 2021 ATH ($69K), 2022 low ($15,476) → 1.618–1.666 resistance band: $121K–$123.5K. ✅ Conclusion: Multiple fib confluences mark the $122K–$123K zone as critical resistance. Daily Timeframe ➡️ FVG / Imbalance: Big daily Fair Value Gap between the prior ATH and $115,222 swing low. BTC broke the prior ATH (pATH) without retest → a pullback to this zone is likely. Lower Timeframe / Short-Term Outlook We likely saw a completed 5-wave impulse up → now correcting. The -6% move was probably wave A, current bounce = wave B, next leg = wave C. ➡ Wave B short zone: $120K–$121K ➡ Wave C target (1.0 TBFE projection): ~$113,326 ➡ Confluence at mid-FVG + nPOC Trade Setups 🔴 Short Setup: Entry: $120,300–$121,000 Stop: Above current ATH (~$123,300) Target: $113,500 R:R ≈ 1:2.3 🟢 Long Setup: Entry: Between Prior ATH and $113,000 Stop: Below anchored VWAP (~$110,500) Target: Higher, depending on bounce confirmation. 🧠 Educational Insight: Why Fibs Matter at Market Extremes When markets push into new all-time highs, most classic support/resistance levels disappear — there’s simply no historical price action to lean on. That’s where Fibonacci extensions, channels, and projections become powerful tools. Here’s why: ➡ Fibonacci extensions (like the 1.272, 1.618, 2.0) help estimate where trend exhaustion or profit-taking zones may appear. They are based on the psychology of crowd behavior, as traders anchor expectations to proportional moves from previous swings. ➡ Trend-Based Fib Extensions (TBFE) project potential reversal or continuation zones using not just price levels, but also the symmetry of prior wave moves. ➡ Fibonacci channels align trend angles across multiple market cycles, giving macro context — like how the 2018 low, 2021 ATH, and 2022 low project the current 1.618–1.666 resistance zone. In short: When you don’t have left-hand price history, you lean on right-hand geometry. That’s why the $122K–123K zone wasn’t just random — it’s a convergence of multiple fib levels, cycle projections, and technical structures across timeframes. ⚡ Final Thoughts Bitcoin faces major resistance around $122K–$123K backed by multiple fib and structural levels. A retest of the prior ATH zone (~$112K–$113K) looks probable before the next big directional move. Watch lower timeframe structure for signs of completion in this corrective phase. _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.
Short
by SiDec
5
EURJPY: Bullish Rebound from Key Demand ZoneEURJPY has bounced off a critical demand zone and is showing signs of a bullish recovery. Despite the recent pullback, the pair’s structure remains fundamentally and technically bullish, driven by JPY weakness and EUR resilience. Technical Analysis (4H Chart) Pattern: Price tested a strong demand zone near 170.35–170.50 and rejected it aggressively. Current Level: 170.77, starting a potential bullish leg toward higher resistance levels. Key Support Levels: 170.35 – key demand zone and invalidation level for bulls. 169.90 – deeper support if demand zone breaks. Resistance Levels: 172.17 – first bullish target and interim resistance. 173.64 – major target if bullish continuation sustains. Projection: A successful rebound from 170.35 could drive price toward 172.17 initially, then 173.64 if momentum holds. Fundamental Analysis Bias: Bullish. Key Fundamentals: EUR: ECB’s slower path toward easing supports EUR stability relative to JPY. JPY: Weakness persists as BoJ maintains dovish bias, though FX intervention risk limits JPY downside speed. Global Sentiment: Mild risk-on mood supports EUR strength against JPY. Risks: BoJ verbal intervention or actual FX intervention could trigger temporary JPY strength. Sharp reversal in global risk sentiment could weaken EUR/JPY. Key Events: ECB speeches and data (CPI, growth updates). BoJ FX comments and broader market risk appetite. Leader/Lagger Dynamics EUR/JPY is a leader among JPY pairs, often moving in sync with GBP/JPY and CHF/JPY. Its movement also tends to precede confirmation in risk-sensitive JPY crosses. Summary: Bias and Watchpoints EUR/JPY is bullish from the 170.35 demand zone, with a potential move toward 172.17 and 173.64. Key watchpoints include ECB communication, BoJ stance, and market risk sentiment. As long as 170.35 holds, bulls remain in control.
Long
by ultreosforex
2
EUR/AUD: Short Setup Forming—Is the Downside Just Beginning?EUR/AUD is flashing the early signs of a new short trading opportunity, with the latest chart pointing toward a fresh move lower as the corrective phase may be wrapping up. What the Current Structure Shows (Primary Scenario) Corrective Pattern Complete: The strong advance off the May 14th, 2025 lows at 1.7247 unfolded as a classic double zigzag (WXY), culminating at recent highs. Price action has since reversed and formed an initial impulse down—clear evidence that the correction may be over. Wave 1 Down, Expanded Flat for Wave 2: The chart now displays a completed wave 1 on the downside, followed by an expanded flat for wave 2—where price retraced upward but failed to break the previous peak, a sign of fading bullish momentum. The recent structure shows a sharp, impulsive move down (wave 1), fitting Elliott Wave expectations for a new trend immediately after a complex correction. The expanded flat for wave 2—where the B wave exceeded the start of A and C pushed higher—typically heralds a strong, extended wave 3. This supports a bearish outlook from current levels.
Short
by TheSignalService
4
EUR/USD Elliott Wave Count Signals Downside TargetsThe EUR/USD chart is displaying a completed 5-wave Elliott impulse structure, suggesting the potential start of a larger corrective move to the downside. Wave 5 appears to have finished after a classic ending diagonal pattern, with price now breaking below the wave 4 support trendline — a strong confirmation of trend exhaustion. Currently, price is retracing upward towards the 0.5–0.618 Fibonacci retracement zone of the last impulsive leg, around 1.15912–1.16383, which may serve as the final rejection zone for bears to re-enter. This area aligns perfectly with prior support-turned-resistance and is considered the potential reversal pocket. If price holds below the 1.17869 invalidation level, the structure supports the beginning of an ABC correction or a larger bearish impulse. Target 1 (T1): 1.14800 Target 2 (T2): 1.13915 Stop Loss (SL): 1.17869 This scenario remains valid as long as the price does not break above 1.17869. A clean break and close above this level would invalidate the bearish setup and suggest a possible wave extension.
by Money_Dictators
Gold keeps falling – is there more to come?Hello everyone, great to see you again! Today, gold remains under pressure following a series of strong U.S. economic data releases, which have reinforced expectations that the Federal Reserve will keep interest rates elevated for longer. As a result, the U.S. dollar has strengthened, Treasury yields have climbed, and gold has lost its footing. On the H1 chart, XAUUSD is clearly trading within a descending price channel. Both the EMA 34 and EMA 89 are acting as dynamic resistance zones. Recent attempts to rally have consistently failed at these levels, mirroring the bearish setup seen before July 29. Currently, price is retesting a minor resistance area. If this retest fails, the next downside targets lie near 3,270 – and potentially down to 3,230 USD, which aligns with the lower boundary of the price channel. From my perspective, the bearish momentum is likely to continue. What about you? How do you think gold will close the day?
OANDA:XAUUSDShort
by Kevinn_Nguyen
14
Toncoin TON price analysis💎 CRYPTOCAP:TON didn’t become a legend over the past 9 months — but at least our correction target of $2.30–2.50 played out with precision. While most of the crypto market is currently going through a correction, #Toncoin keeps pushing upward. Still, we remain realistic: 🎯 First target: $5.40–5.80 🎯 Second target: $8.00–8.20 🚀 It’s not a “to the moon” scenario, but a potential 2x–3x from current levels is attractive. The key support level OKX:TONUSDT remains at $3.00 — as long as it holds, the bullish trend remains valid.
by P_S_trade
2
USDJPY 30Min Engaged (Buy & Sell Reversal Entry's Detected )Time Frame: 30-Minute Warfare Entry Protocol: Only after volume-verified breakout 🩸Bullish Reversal - 148.750 🩸Bearish Reversal - 150.100 ➗ Hanzo Protocol: Volume-Tiered Entry Authority ➕ Zone Activated: Dynamic market pressure detected. The level isn’t just price — it’s a memory of where they moved size. Volume is rising beneath the surface — not noise, but preparation. 🔥 Tactical Note: We wait for the energy signature — when volume betrays intention. The trap gets set. The weak follow. We execute.
by Path_Of_Hanzo
7
Gold consolidates near key support – What's next for?1. Market Overview On the 15-minute chart, XAUUSD is trading around 3,290–3,292 USD, hovering just above a critical intraday support zone at 3,287–3,289 USD (highlighted in blue). This area has repeatedly provided a bounce in recent sessions, indicating persistent buying interest. The current price action reflects sideways movement within a narrow range (3,287–3,296 USD), and notably, declining volatility, as shown by reduced candle range and trading volume. 2. Technical Breakdown EMA: Price is moving around the EMA20 and EMA50, reflecting indecision and lack of directional momentum. RSI (inferred): Likely hovering near the neutral 50–55 zone, confirming a balanced market. Trendline: A descending series of lower highs from the 3,312 peak suggests bearish pressure, though buyers still defend key support. Fibonacci: The 3,287 USD zone aligns with the 61.8% Fibonacci retracement level, reinforcing its strength as a bounce area. 3. Key Levels to Watch 3,287–3,289: Support - Repeated reactions here – key demand zone 3,296: Immediate resistance - Needs breakout to confirm bullish move 3,302: Next resistance - Breakout target – short-term top 3,275: Deeper support - Retest level if support breaks 4. Trading Strategy Scenarios 🔹 Scenario 1 – Long setup at support Entry: 3,287–3,289 (wait for bullish reaction like pin bar or engulfing) Stop Loss: Below 3,284 TP1: 3,296 | TP2: 3,302 🔹 Scenario 2 – Short setup on breakdown Entry: Below 3,284 (after clear bearish candle close) Stop Loss: 3,288 TP1: 3,275 | TP2: 3,268 5. Conclusion Gold is in a tug-of-war at a sensitive support zone. Whether bulls defend or bears break below will set the tone for the rest of the session. Focus on price reaction around 3,287 to determine direction – avoid blind predictions. Make sure to follow for more live strategies as the New York session unfolds – and save this post if you find it helpful! What’s your view on this support zone? Let’s discuss below!
FX:XAUUSD
by Henrybillion
2
PROP - Riding the Cycle? The Next Wave May Just Be Starting!Markets move in cycles; and PROP is no exception. If you’ve been following our previous analyses, you’ll recognize the accumulation zone we highlighted earlier. Well, this updated chart adds another layer: the cyclical rhythm of price action. 🔁As shown, PROP has been moving in clearly defined waves, bouncing between key zones with consistency. The current cycle appears to have bottomed — once again — inside the lower bound, where strong demand continues to hold. We’re now in the early phase of what could be a fresh bullish cycle. If the rhythm plays out as before, the path of least resistance could take us toward the median zone ($6.5 - $7.5) and possibly all the way back to the upper bound ($15 - $17) by late 2025 or early 2026. 🔍 Supporting Fundamentals While the chart speaks volumes, the fundamentals back it up: Energy demand is surging globally, fueled by AI, data centers, and electric infrastructure — all of which require massive power capacity. Oil and gas remain essential in this transition phase, especially with renewable infrastructure still years away from matching base-load demand. PROP (Prairie Operating Co.) controls 65,000 acres in the DJ Basin — one of the most productive oil regions in the U.S. With advanced drilling tech and low-cost operations, PROP is well-positioned to ride out volatility and capitalize on rising demand. 🎯 Key Zones to Watch - Support: $2.5–$3 - Median target: $6.5–$7.5 - Macro resistance: $15–$17 📌 We’re not just seeing structure — we’re seeing rhythm, confluence, and timing align. If this cycle continues to play out, PROP might just be preparing for its next major wave. Are you ready to catch it? 🧠 Previous posts and technical breakdowns are attached for full context. ➡️ As always, speak with your financial advisor and do your own research before making any investment decisions. 📚 Always follow your trading plan => including entry, risk management, and trade execution. Good luck! All strategies are good, if managed properly. ~ Richard Nasr
NASDAQ:PROPLong
by TheSignalyst
16
USDT Dominance – Potential Wave F Reversal? We are tracking a NeoWave Diametric formation (7-leg corrective structure: A–B–C–D–E–F–G) on the USDT Dominance chart. Recently, price reached the projected resistance zone of wave E, and early signs of reversal are emerging. ⸻ 🧠 Structural Analysis: • The structure has developed with alternating legs in price and time, consistent with the symmetrical diametric rules. • Wave E has likely completed, reacting from prior supply and resistance. • A pullback from here can mark the beginning of Wave F, which in diametrics tends to retrace significantly toward the internal balance of the structure. ⸻ 🔍 What to Watch: • Confirmation of bearish intent via a break of internal supports or lower-timeframe BOS. • Possible retracement targets: 4.2% → 3.95%, depending on momentum. • A decisive break below 4.00% would reinforce the wave F scenario. ⸻ ⚠️ Implications for the Crypto Market: A drop in USDT Dominance typically indicates rotation into risk assets (alts/BTC/ETH). However, context matters — if the drop happens during a general market sell-off, it may reflect risk-off unwinding into fiat, not risk-on rotation. ⸻ 🔄 Strategy Note: • Avoid premature shorts or longs; wait for structure to confirm. • Watch for smart money traps (e.g., false breakouts or liquidity grabs) around the recent highs. ⸻ 📌 This is a high-risk zone for entering long USDT.D — be cautious with stablecoin bias. 📊 Analysis by CryptoPilot – Precision through structure.
CRYPTOCAP:USDT.DLong
by CryptoPilot
1
Gold in PRZ + TRZ: Is a Bullish Reversal Brewing(Short-term)?Gold , as I expected in yesterday's idea , fell to the Potential Reversal Zone(PRZ) and started to rise again . Today's Gold analysis is on the 15-minute time frame and is considered short-term , so please pay attention . Gold is currently trading in the Support zone($3,307-$3,275) and near the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) . In terms of Elliott Wave theory , it seems that Gold can complete the microwave C of wave B at the lower line of the descending channel. I expect Gold to trend higher in the coming hours and rise to at least $3,311 . Note: Stop Loss (SL) = $3,267 Gold Analyze (XAUUSD), 15-minute time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
23
€/$: Fractal Geometry (Cycle 2000-2022)🏛️ Research Notes Research on order in chaos using scaling laws and math sequences found in nature. Sierpinski triangle will be used as basic heatmap layer - orienteer for next buildups. Cross-cycle interconnection 3 cycle knot Considering the fact that structurally current price is in a new cycle, the core structure which is previous cycle can be extended with another layer that emphasizes phase of the cycle in its angle. Extended Fibonacci Sierpinski Triangle should look like this:
by fract
6