Wave Analysis
Block: Key Resistance HitBlock has made a strong upward move, reaching resistance at $80.31. Thanks to this positive momentum in our primary scenario, we fully focus on further gains as part of turquoise wave 3, which is expected to push the price decisively above the next resistance at $99.96. The subsequent pullback in wave 4 should also occur above this level, before wave 5 ultimately completes magenta wave (1) – marking the first major leg up in the ongoing bullish impulse.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do (for more: look to the right).
ZORA — Parabolic Rally Nearing ExhaustionZORA has been on an explosive run, pumping +1239% in just 20 days. But after such a vertical move, the question is:
Is this rally nearing exhaustion?
Let’s dive into the technicals 👇
🧩 Elliott Wave Structure
Looking at price action through the lens of Elliott Wave Theory, ZORA appears to be completing its 5th wave:
➡️ Wave 3–4 zone: Held around the $0.05 trading range
➡️ Wave 5: Now pushing into the $0.097–$0.103 zone
This area aligns with:
The 1.618–2.0 Fib extension pocket — a typical exhaustion zone for wave 5s
The $0.10 psychological level
🔴 Short Trade Setup
This zone between $0.097–$0.103 is the ideal reversal area to consider shorting, with clearly defined targets and confluence:
Entry: $0.097 – $0.103
Stop-Loss: Above the 2.0 Fib Extension
TP1: Around $0.08
TP2: Around $0.064
Confluence: TP1
Daily Open (dOpen)
0.786 Fib of the local move
0.382 Fib of the 5-wave structure
TP2 (Lower Target):
0.618 Fib retracement of the 5-wave move at $0.064
Risk-to-Reward:
TP1 gives an R:R of 1:8
TP2 offers potential 1:13+
Watch for signs of weakness.
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$ INDEX ~ Real Time Elliott Wave UpdatesThis is an update of a $ index chart I had previously posted. We see a Wave 1(Green) completed and a dip occurring. This dip is marked as Wave 2(Green) or Wave A(Blue). It has two readings because it could be a Zigzag, hence 2 or an A of a Flat, hence A. I will offer updates as the wave unfolds. All other analysis remains the same as I had previously posted and can be checked for references. Sentiment still remains buy.
AUDUSD ~ Real Time Elliott Wave UpdatesThis is an update of an AUDUSD chart I had previously posted. We can see that Wave B(Blue) confirms at the 161.8% Fib. level and then sells. Wave B(Blue) pushed a bit higher than I had previously thought, but all other analysis remains the same. The sentiment is a for a sell. Check my previous post for more analysis on this pair.
MSFT SUPER CYCLE WAVE 3 TOP MSFT The bell weather .Is now ending what looks to be the 5th wave for super cycle wave 3 top here from 518 to 525 from the 2009 low wave 2 . I am buying late 2027 525 puts Now the downside over the next 18 months is down near the previous wave 4 low 341 area I expect we will that at a min with odds as low as 222 . best of trades Wavetimer
TSLA WEEKLY OPTIONS SETUP
### 🚗 TSLA WEEKLY OPTIONS SETUP (2025-07-28)
**Big Call Flow. Low VIX. Can Bulls Hold \$325?**
---
📊 **Momentum Overview:**
* **Daily RSI:** 48.2 🔻 → *Neutral-to-Weak*
* **Weekly RSI:** 57.1 🔻 → *Still bullish zone, but falling*
⚠️ **Interpretation:** Momentum is softening, trend in question.
📉 **Volume Context:**
* **Volume Ratio:** 1.3x ⬆️ (vs. last week)
* **Price Change:** -0.77% despite that volume
🔍 *Distribution Alert:* Institutions may be selling into strength.
📈 **Options Flow:**
* **Call/Put Ratio:** **1.70** = 🚨 *Bullish flow confirmed*
* **Volatility (VIX):** 15.16 🟢 Favorable for directional plays
✅ Strong setup for options traders riding short-term momentum
---
### 🧠 **Weekly Sentiment Scorecard:**
* ✅ **Bullish Signals (2):** Options Flow, Volatility
* ⚠️ **Neutral Signals (2):** Daily & Weekly RSI
* ❌ **Bearish Signal (1):** Volume pattern = distribution risk
**Overall Bias:** 🟢 *Moderate Bullish*
---
### 🔥 **TRADE SETUP IDEA:**
🎯 **Strategy:** Long Call Option
* 📌 **Instrument:** TSLA
* 💵 **Strike:** \$355C
* 📅 **Expiry:** Aug 1, 2025
* 💸 **Entry:** \~\$0.75
* 🎯 **Profit Target:** \$1.50
* 🛑 **Stop Loss:** \$0.45
* 🔒 **Key Support to Watch:** \$327.50 — lose that = exit fast
📈 **Confidence Level:** 65%
⚠️ **Gamma Risk:** High → trade small, manage tight.
---
### 📦 TRADE\_DETAILS (JSON Format for Algo/Backtest):
```json
{
"instrument": "TSLA",
"direction": "call",
"strike": 355.0,
"expiry": "2025-08-01",
"confidence": 0.65,
"profit_target": 1.50,
"stop_loss": 0.45,
"size": 1,
"entry_price": 0.75,
"entry_timing": "open",
"signal_publish_time": "2025-08-01 09:30:00 UTC-04:00"
}
```
---
### 🧭 **Quick Notes for Traders:**
* ✅ Bulls have short-term edge — but **momentum is fading**
* ⚠️ If TSLA breaks below **\$325**, exit fast.
* 🔍 Watch for fakeouts: options flow is bullish, but volume says “not so fast.”
---
📊 TSLA \$355C → Risk \$0.75 to potentially double 📈
💬 Will this hold, or is it a bull trap before a dump? 👀
Comment below ⬇️ and follow for Monday updates!
---
**#TSLA #OptionsFlow #WeeklyTrade #TradingSetup #GammaRisk #AITrading #TeslaStock #UnusualOptionsActivity #SmartMoneyMoves**
EURUSD ~ Real Time Elliott Wave UpdatesThis is an update of a chart I had previously posted. Here, we can see that Wave 1(Red) has already completed and a pullback occurred soon after, marked as Wave 2(Red) or Wave A(Blue). This has two markings because on one hand it could be a Zigzag formation or it could be the first wave of a Flat correction. All other analysis remains the same as I had previously posted. Sentiment still remains a sell.
@fabrx900
$QQQ August correction incoming?- August correction incoming? 🚨
- Greed is all time highs; People are complacent
- I believe a correction of 5-10% is healthy for the market to flush out excess and remove junk investments from the market.
- This involves people who are over-leveraged gets trapped.
- Personally, taking profits from risky bets, some profits from quality names and raising cash.
- Rotating money to defensive names.
- Not exiting the markets completely.
DXY bullishDXY is in the early stage of a bull market, so no one want dollars but in my view but the trend is your friend.
This could be a impulsive 5 of 5 or a B of ABC but both are bullish, another view is that the EURO have been a bad day when the US and EU reach tariff agreement??
The lagging indicators are changing or I hope, but this bullish trend for the Dollar could continue for weeks...
The technical analysis for Natural Gas (NG) 📉 Current Market Structure & Interpretation
🟢 Elliott Wave Count (Bearish Impulse in Progress)
The chart suggests a 1-2-3-4-5 impulsive wave is unfolding on the downside.
Currently, NG appears to have completed Wave 2 (retracement) and Wave 3 is in progress, heading toward a major breakdown.
The structure projects Wave 3 → Wave 4 pullback → Wave 5 final leg.
🔍 Fibonacci & Key Levels (Bearish Projections)
Wave 3 Target Zone:
-1.0 Fib Extension (~3.00) marked as "double"
Strong support break zone; high probability breakdown confirmation
Wave 5 Completion Target:
-2.0 Fib Extension (~2.807) highlighted as major support
Also aligns with a long-term base/accumulation zone
Extreme Bearish Target:
-4.23 Fib (~2.687) – only in case of panic sell-off (marked “Quintuple”)
📊 Volume & MACD Histogram (Lower Panel)
Strong bearish momentum in MACD histogram: red bars extending and deepening.
Bearish volume expansion visible during Wave 1 and Wave 3 fall, validating impulsive nature.
No sign of volume divergence yet – supports continuation.
🔄 Retracement & Pullback Zones
Wave 4 likely to pull back between:
0.25–0.382 retracement of Wave 3
Could test the area around 3.04–3.08, before turning back down
⚠️ Invalidation & Risk Level
If price breaks above 3.13–3.16 (0.618 level of the total fall), wave count may get invalidated.
Otherwise, structure remains bearish.
🎯 Short-Term Trade Plan (Bias: Bearish)
Aspect Details
Entry Zone Any pullback near 3.04–3.08 (Wave 4 zone)
Target 1 3.00 (Wave 3 completion)
Target 2 2.807 (Wave 5 final target)
SL/Invalidation Above 3.13–3.16
Trade Type Short / Put Option / Futures Sell
Bias Intraday to Short-Term Positional
✅ Conclusion
The chart shows a well-structured Elliott bearish impulse, currently in progress with strong downside momentum. Expect further continuation toward 2.80 zone, barring any invalidation above 3.13. The Fibonacci confluence and momentum support this outlook.
Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial or investment advice. Trading in commodities, options, and futures involves substantial risk and may not be suitable for all investors. Always conduct your own research and consult with a qualified financial advisor before making any trading decisions. The author or publisher is not responsible for any losses incurred from trading decisions based on this analysis.
THETA Bounces Off Key Support – Eyes on Resistance!After months of holding above the key support zone, MYX:THETA is finally showing some strength.
Price is bouncing off the lows and heading toward a minor S/R zone.
If the bulls can break through this level, there’s a good chance we’ll see a move all the way up to the upper resistance line.
DYOR, NFA
I think it's today.I admit that today's Nifty surpassed below yesterday's 24800 level, and my rash assumption that this level would act as a strong reversal support was wrong. But my overall opinion hasn't changed: there's a good chance the market will correct this whole wave 1 decline if the GIFT Nifty support level of 25620 isn't broken by tomorrow.
GBP/AUD Trade Setup – Bullish Flag Breakout in PlayGBPAUD has formed a clean bullish flag structure after a significant impulsive move upward. Following the correction, we’re now testing breakout levels with clear Fibonacci confluence and bullish structure support around 2.0560. I'm anticipating a push toward the next resistance levels if buyers defend this trendline.
🔎 Technical Highlights (My View):
Bullish Flag Pattern: The corrective flag has broken to the upside and is being retested. This suggests a possible continuation of the bullish trend.
Fibonacci Support: Price bounced near the 23.6% retracement of the previous bullish leg, which acts as a minor but effective support in trending moves.
Bullish Trendline Holding: The ascending trendline from the July lows continues to act as dynamic support. This shows sustained buyer interest.
Target Zones:
TP1: 2.0720 – aligns with 50% retracement and recent structure.
TP2: 2.0827 – aligns with 78.6% retracement and past resistance.
SL: Below 2.0450 to invalidate the setup.
🏦 Fundamental Context:
GBP Strength: The Bank of England remains more hawkish than the RBA. UK inflation data remains sticky, and traders are still pricing in the potential for another hike if services inflation remains elevated.
AUD Weakness: AUD is under pressure due to soft labor market data and declining commodity demand from China. RBA minutes also struck a cautious tone, which weighs on the Aussie.
China Risk: AUD is sensitive to Chinese sentiment. Current trade and tariff tensions are adding indirect bearish pressure to the AUD.
⚠️ Risks to My Setup:
If Aussie labor or CPI data surprises to the upside, AUD could regain strength.
UK economic data deterioration (e.g., services PMI, wage inflation) could weaken GBP.
Break below 2.0450 would invalidate the bullish setup and suggest potential range continuation.
📅 Upcoming Catalysts to Watch:
UK Retail Sales – A strong print supports GBP continuation.
AU CPI (Trimmed Mean) – Any upside surprise could limit AUD downside.
China Industrial & Services PMI (if released soon) – indirect AUD mover.
⚖️ Summary – Bias & Trade Logic
I’m currently bullish GBP/AUD, expecting a continuation of the prior uptrend now that price has broken and retested the flag structure. Fundamentally, GBP is supported by relatively hawkish BoE expectations, while AUD remains pressured by RBA caution and China-linked macro weakness. My bias stays bullish as long as the trendline holds and Aussie data doesn’t surprise significantly.
Potentially, A Safer Way To Long The EURUSDIn contrast to my previous outlook, the current price action suggests an increased probability of a deeper bearish move—potentially invalidating the buy zone marked out in the previous analysis. This sudden change is largely driven by the prospect of untapped liquidity residing beneath that zone, reinforcing the well-known market principle that price seeks out liquidity before committing to directional moves.
Given this development, the newly identified zone on the chart emerges as a more technically sound and reliable area from which to anticipate bullish interest. It aligns better with the broader liquidity profile and offers a stronger base for accumulation. Traders may opt to wait for confirmations within this zone or, depending on their risk appetite, consider executing buy positions upon price entry.
As always, patience and clarity are key as we allow price to reveal its intention.
Fingers crossed 🤞
Wishing you all a focused and profitable trading week.
Catch you on the next one. 🫡
GBPCAD - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPCAD has been overall bullish trading within the rising wedge pattern marked in blue.
This week, GBPCAD has been retesting the lower bound of the wedge.
Moreover, the red zone is a strong weekly structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and red structure.
📚 As per my trading style:
As #GBPCAD approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.