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Wave Analysis

Time for a Rise in Oil Prices $$$When analyzing the recent movements in oil prices through the lens of Elliott Wave Theory, it appears that the current structure is completing an ABC corrective formation. Initially, the A wave has developed as a strong upward 1-5 impulse structure. The B wave evolved through a classic ABC correction, pushing prices down to the support area marked as (B). Following this correction, early signals indicate the initiation of the C wave. In this context, the technical structure suggests a potential new upward momentum in oil prices with the activation of the C wave. The target zone for the C wave should be monitored in consideration of the existing trendlines and historical resistance levels. Nevertheless, under the current market conditions characterized by high volatility, it is critical to monitor volume and momentum indicators to confirm the C wave and ensure key support levels are maintained.
TVC:UKOILLong
by kofc
AUDJPY Will Go Higher! Buy! Here is our detailed technical review for AUDJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 94.496. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 95.595 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!
Long
by SignalProvider
1
BTC ANALYSIS (4H)Last week, Bitcoin made a sharp bullish move upward, aiming for retail liquidity, which made the forecast path more difficult. The green zone is a support area where Bitcoin might react. To collect the ATH liquidity, Bitcoin needs to break through the red zone. Let’s see what happens | when the market direction isn’t clear, there’s no need to take unnecessary risks. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
RIOT / 2hNASDAQ:RIOT has retraced up by 7.46% in total, which may be considered the 4th wave of wave A, in which five overlapping waves seem to be expanding down. Wave Analysis >> The rising leading diagonal in wave (1) ended with a diagonal as its 5th wave inside at 10.86. Its correction in the same-degree wave (2) is underway toward the origin of the ending diagonal >> 7.93. Trend Analysis >> The trend turned to correcting down. It might be a relatively deep retracement that will take a few weeks to develop. The retracement targets >> 8.20 >> 7.93 >> 7.67 #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
NASDAQ:RIOT
by ElliottChart
WW3 Scenario - Bull flag potentialWe bottomed at the gap fill at $57, a long term target I had been expecting. A bullish retest at the golden pocket followed, now all we need is a clean break above $80 to end the lower high downtrend. I don't want to comment on politics, but suffice to say the price of oil will tell us what's really going on. A supply shock has the potential to send oil to the $200 level. I don't know what the world will look like in that scenario, but I can assure you it will be a global catastrophe. Inflation will reignite, the interest rates will likely go up. This is the single most important chart to be watching now. Forget Apple, forget Nvidia. Oil and the DXY is where the chart will reveal the news. Pay attention!
BLACKBULL:WTI
by NoFOMO_
Analysis of the latest gold market trend on June 18: 📌 News analysis Expectations of the Fed's rate cut continue to affect the market The market's expectations for the Fed's rate cut in 2025 have increased, the US dollar index remains weak, and gold has gained support. Key points of attention: This week's Fed interest rate decision and Powell's speech, if dovish signals are released (such as hinting at a rate cut in September), gold may rebound; if hawkish (postponing the rate cut), gold prices may be further under pressure. The situation in the Middle East has escalated, and risk aversion has increased After Israel attacked Iran's state TV station, Iran threatened "the largest retaliation in history", and the fire on the tanker in the Strait of Hormuz has exacerbated geopolitical risks. Potential impact: If the conflict expands (such as Iran blocking the Strait or directly counterattacking), gold may rise rapidly; if the situation eases (negotiation signals), safe-haven buying may weaken. US economic data and market sentiment If recent US economic data (such as retail sales and unemployment rate) are weak, it may strengthen expectations of rate cuts and benefit gold; if the data is strong, it may suppress gold prices. 📊 Technical Analysis 🔹 Daily level: Bearish, but key support needs to be paid attention to Trend review: Gold price fell after a high rise at the beginning of the week, falling below the 3400 mark and closing with a large negative line, indicating that bears are dominant. Key signals: The 5-day moving average turned downward, suppressing the rebound of gold prices in the short term. The Bollinger Bands closed, indicating that the market has entered a shock consolidation phase. If it falls below 3350, it may accelerate downward to 3300. Support level: 3360-3350 (if it stabilizes, it may rebound); resistance level: 3400-3410 (if it breaks through, it may test 3450). 🔹 4-hour level: Bearish, but there may be a rebound correction in the short term Short-term moving average suppression (5-day and 20-day moving averages are glued at 3404-3409) constitutes strong resistance. MACD crosses, but Stoch is oversold, and may correct and rebound in the short term, but if it fails to break through 3400, it may continue to fall. Key support: 3360-3350 (if it falls below, it may drop to 3330-3300). 🔹 1-hour level: Weak shock, pay attention to the rebound strength MACD crosses and shrinks, Stoch moves downward, and it is still weak in the short term. Upper pressure: 3412 (MA60+MA30), if it fails to break through, it may continue to fall. 🎯 Today's operation strategy 📉 Short-term trading ideas: short-selling on rebounds is the main method, and long-selling on pullbacks is the auxiliary method ✅ Short-selling opportunities (selling at highs): Entry area: 3395-3405 (if the rebound is blocked) Target: 3360-3350 Stop loss: above 3410 ✅ Long opportunities (buy low): Entry area: 3360-3350 (if it stabilizes and rebounds) Target: 3380-3400 Stop loss: below 3345 ⚠️ Key risk warnings: Market volatility may intensify before the Fed's decision. It is recommended to operate with a light position and strictly stop loss. If the situation in the Middle East deteriorates, it may trigger a rapid rise in gold. Pay attention to real-time news. 📌 Summary: Gold is short-term dominant, but the key support (3360-3350) still has the possibility of a rebound. In terms of trading, it is recommended to take high-short as the main idea and low-long as the auxiliary idea, focusing on the Federal Reserve’s decisions and geopolitical trends.
FOREXCOM:XAUUSD
by Gold_Hunters_Alliance
HINO LONG TRADE - SECOND STRIKE 17-06-2025HINO Technical Buy Call Rationale : HINO broke out of a downtrend channel (marked in pink) from the beginning of this year, previously achieving targets after our call. We identify a second opportunity for a profitable trade. 🚨 TECHNICAL BUY CALL – HINO🚨 - Buy 1: Current level (Rs. 419) - Buy 2: Rs. 410 - Buy 3: Rs. 398 - TP 1: Rs. 440 - TP 2: Rs. 456 - TP 3: Rs. 480 - TP 4: Rs. 499 Stop Loss - Below Rs. 374 closing basis Risk-Reward Ratio - 1:4 Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions. PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
PSX:HINOLong
by Mushtaque77
EURCAD Set To Fall! SELL! My dear subscribers, This is my opinion on the EURCAD next move: The instrument tests an important psychological level 1.5718 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.5674 My Stop Loss - 1.5743 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBP/USD BEARS ARE STRONG HERE|SHORT Hello, Friends! We are going short on the GBP/USD with the target of 1.344 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. 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 COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
bitcoin is going nutssBitcoin has been pumping in the past few days pretty massively. Why? There are 2 main reasons - the first reason is that Bitcoin has finished a major WXY corrective wave, and the second is that Bitcoin swept liquidity below a triangle (see my previous post for details). That was a very good opportunity to buy/long Bitcoin at that specific level I described in the previous analysis. But let's focus on the present and future! We always want to find strong levels on the charts so we have a great entry point/take profit target. The next strong level is definitely the 0.618 FIB, which Bitcoin can hit in the very short term. Also, below the 0.618 FIB, we have a strong horizontal zone, which can also act as a strong resistance. Bitcoin should definitely go there and retest this zone. We want to see how Bitcoin is going to react in the zone and FIB, but you can create a new limit order to short Bitcoin there so you don't miss anything. So currently I am temporarily bullish on Bitcoin, and in the next update I will make a big analysis on Bitcoin and a very likely scenario for the next months. What will the price of Bitcoin be in December? Please like/boost my idea right now. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades! 7 days ago Note Bitcoin hit my profit target of 0.618 FIB and continues to the upside. It looks like we are going to hit 109,000 USD in the short term, which is a very strong resistance! Middle of the previous big range, so prepare for a bounce here.
by paltena
SPY 5 Wave Impulse The broader equity market has staged a significant rebound from the panic-induced tariff lows seen in April, reclaiming the previously established value area with notable strength. Generally, when price reclaims a value range, it can be common for price to oscillate within the value area high, and low, to build strength for the next move. From a structural standpoint, I interpret this advance as a five-wave impulsive sequence, with the current rally toward the 6100 level representing the fifth subwave within a larger third wave of the broader Elliott Wave framework. According to this interpretation, we may be approaching a final "blow-off" move to the upside—commonly labeled as Wave 5 of 5—which is often characterized by its velocity, magnitude, and the psychological impact it has on retail participants, frequently triggering a surge of FOMO-driven buying. However, I urge caution: this concluding leg may offer a strategic opportunity to reduce equity exposure, particularly as August has historically exhibited bearish seasonality. A swift corrective decline could follow the completion of this wave, potentially sparking short-term panic. While unsettling, such a correction would likely represent a healthy rebalancing within the broader uptrend and could provide an advantageous entry point ahead of a year-end rally. Furthermore, it's worth noting that many hedge funds and CTAs have remained underexposed throughout this powerful ascent. Should valuations reset to more attractive levels, sidelined liquidity—particularly capital currently parked in money markets—may be incentivized to re-enter the market with a longer-term outlook. The key indicator which I will be following is the VIX risk sentiment in the market. Once we reach elevated levels above approx 30/40 , this would be a good time for me to analyze potentially dollar cost averaging back into the market. Good luck!
CME_MINI:ES1!Long
by afurs1
DSIL LONG TRADE 16-06-2025DSIL Long Trade Rationale: DSIL broke out of a bearish channel (potentially reversing trend) and seems ready to resume its uptrend. Targets are deduced from price action and quantified displacement method. 🚨 TECHNICAL BUY CALL – DSIL🚨 - Buy 1: Current level (Rs. 5.9) - Buy 2: Rs. 5.7 - Buy 3: Rs. 5.3 - TP 1: Rs. 6.51 - TP 2: Rs. 7.10 - TP 3: Rs. 7.60 - TP 4: Rs. 8.20 Stop Loss - Below Rs. 5 closing basis Risk-Reward Ratio - 1:3 Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions. PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
PSX:DSILLong
by Mushtaque77