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Wave Analysis

DAAG LONG TRADE 16-06-2025DAAG Long Trade Rationale : DAAG has been in a bearish channel (bull flag) since Dec 2024. Recently, the stock trended at the upper level of the channel, absorbing overhead supply. Today, it broke out of the channel with a huge volume metric imbalance and gradient, taking price above the axis line. 🚨 TECHNICAL BUY CALL – DAAG🚨 - Buy 1: Current level (Rs. 92) - Buy 2: Rs. 86.5 - Buy 3: Rs. 82.2 Target Prices - TP 1: Rs. 100 - TP 2: Rs. 116.8 - TP 3: Rs. 129.8 Stop Loss - Below Rs. 76 closing basis Risk-Reward Ratio1:- 3.25 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:DAAGLong
by Mushtaque77
BNL LONG TRADE (THIRD STRIKE) 16-06-2025BNL Long Trade (Third Strike) Rationale: After its inception in PSX in 2013, BNL went into a tremendous uptrend, reaching a high of Rs. 61.7, then corrected and down trended to Rs. 12. The stock consolidated for 4 years between Rs. 49 and Rs. 12. Recent rally broke out of this accumulation zone, creating bullish FVGs and IFDZS for a safe long trade entry. 🚨 TECHNICAL BUY CALL – BNL🚨 - Buy 1: Rs. 45.90 - Buy 2: Rs. 44.30 - Buy 3: Rs. 38.6 - TP 1: Rs. 58.7 - TP 2: Rs. 67.9 - TP 3: Rs. 74.77 - TP 4: Rs. 86.70 Stop Loss - Below Rs. 34 ON DAY CLOSING Risk-Reward Ratio- 3.65 aution: 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:BNLLong
by Mushtaque77
1
₿itcoin: Continuing B WaveBitcoin has recently reclaimed the key $106,000 level. Under our primary scenario, we anticipate continued increases into the blue Target Zone between $117,553 and $130,891 – where green wave B is expected to conclude. From that corrective peak, we project a significant move lower in wave C, which should ultimately pull prices into the lower blue Target Zone between $62,395 and $51,323. This range is expected to mark the completion of orange wave a. We then foresee a brief corrective rally before wave (ii) completes its broader correction with a final sell-off. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
BINANCE:BTCUSD
by MarketIntel
DXY ||| • Sell Completed Below Orange Line📉 Pair: GBP/USD ⏱ Timeframe: 4H 🔶 Orange Line = Major S/R Zone 📌 Confirmed Break + Retest 🎯 Profit Locked | Risk Managed Strategy: Elliott Wave + Parallel Channel + SMC (Break of Structure) 🔶 Status: Completed Wave 5 inside falling wedge Sell executed after orange support break Anticipating accumulation phase > BOS > bullish reversal 📍Key Zones: Demand zone near 97.455 Resistance near 98.426 🎯 Next Steps: Looking for bullish structure post BOS + Wave 2 pullback. 🔁 Watch for: Accumulation near lower trendline Structure shift > Breakout of wedge Long confirmations in late July – early August 🟢 Plan the trade, trade the plan.
TVC:DXYShort
by Greenfireforex
EURJPY Will Go Higher From Support! Buy! Please, check our technical outlook for EURJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 164.890. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 166.192 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. 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
Market Overview WHAT HAPPENED? Strong sales resumed last week after a short period of growth. This was provoked by the escalation of the conflict in the Middle East. After testing and fixing the $105,800-$104,500 zone (accumulated volumes), strong volume deviations appeared, which should be perceived as protection on the part of the buyer. WHAT WILL HAPPEN: OR NOT? At the moment, an attempt is being made to position the volumes accumulated in the range of $105,600-$104,700 in the direction of growth. Strong support has already been formed in the area of $104,000-$102,900 (abnormal volumes). When the four-hour candle closes above the $106,400 mark, it’ll be possible to additionally consider the zone of accumulated volumes for buys (if there is a reaction from it). The main scenario is a long position with targets up to the nearest resistance. In case of easing of geopolitical tensions, there remains the possibility of updating the ATH. Alternative scenario: correction to the support zone of $101,600-$100,000 (volume anomalies). With this development, a prolonged rebound is possible. Sell Zones: $109,000–$110,000 (accumulated volume) Buy Zones: $105,600–$104,700 (accumulated volume) $104,000–$102,900 (volume anomalies) $101,600–$100,000 (significant volume anomalies) $98,000–$97,200 (local support) Level at $93,000 $91,500–$90,000 (strong buying imbalance) IMPORTANT DATES Macroeconomic developments this week: • Tuesday, June 17, 03:00 (UTC) — publication of the Japanese interest rate decision; • Tuesday, June 17, 12:30 (UTC) — publication of the core retail sales index for May in the United States, the volume of retail sales for May in the United States; • Wednesday, June 18, 06:00 (UTC) — publication of the UK consumer price index compared to May last year; • Wednesday, June 18, 9:00 (UTC) — publication of the consumer price index in the Eurozone compared to May last year; • Wednesday, June 18, 12:30 (UTC) — publication of the number of initial applications for US unemployment benefits; • Wednesday, June 18, 18:00 (UTC) — publication of FOMC economic forecasts, FOMC statement, US Federal Reserve interest rate decision; • Wednesday, June 18, 18:30 (UTC) — US FOMC Press Conference; • Thursday, June 19, 7:30 (UTC) — publication of the Q2 interest rate decision in Switzerland; • Thursday, June 19, 8:00 (UTC) — press conference of the National Bank of Switzerland; • Thursday, June 19, 11:00 (UTC) — publication of the June interest rate decision in the UK; • Thursday, June 19, 12:30 (UTC) — publication of the number of initial applications for unemployment benefits in the United States; • Friday, June 20, 12:30 (UTC) — publication of the Philadelphia Federal Reserve's index of manufacturing activity for June in the United States. *This post is not a financial recommendation. Make decisions based on your own experience. #analytics
Long
by Crypto_robotics
USOIL Will Go Higher From Support! Buy! Take a look at our analysis for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 67.337. Taking into consideration the structure & trend analysis, I believe that the market will reach 69.433 level soon. 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:USOILLong
by SignalProvider
1
Toward $3,500? Gold Faces Key Policy DecisionsGold is currently trading around $3,438 and continues to show positive momentum. After a week focused on inflation data, the gold market is now shifting its attention to interest rate decisions and policy guidance from major central banks. The week begins with the Empire State Manufacturing Index, a key indicator of economic activity in the New York region. Following that, the Bank of Japan (BoJ) will announce its monetary policy decision, and investors are closely watching to see whether the BoJ will continue normalizing its interest rates. Next comes U.S. retail sales data for May — a crucial gauge of consumer spending, which remains the backbone of the U.S. economy. Any signs of weakness in consumer activity could increase expectations for Federal Reserve rate cuts. However, the main focus remains the upcoming Fed meeting. While markets widely expect rates to be held steady, investors are awaiting clear signals from Chair Jerome Powell regarding the path and timing of potential rate cuts ahead. According to Kitco’s weekly gold survey, professional analysts remain optimistic about gold’s outlook, while retail investors are showing more caution. With central bank decisions approaching and geopolitical tensions lingering, investors need to stay alert. Risks such as rising social unrest in the U.S., escalating conflicts in the Middle East, and ongoing de-dollarization trends are all fueling demand for gold as a safe-haven asset. Given expectations that the Fed will hold rates steady, gold maintains its defensive appeal. In my view, the precious metal may soon retest its highs near $3,500, as its role as a global safe haven becomes even more pronounced amid mounting uncertainty.
OANDA:XAUUSDLong
by Edward_TradingFX
1
Today's key gold price range: 3400-3450Today's key gold price range: 3400-3450 Today's gold price opened high and rose, eventually reaching around 3450, but it did not stay at the high level for too long and then fell back. Based on the current fluctuations, we draw the following conclusions: 1: The market reaction is not as intense as imagined. 2: However, the reliability of the channel pressure at the macro level is more certain: Super pressure: 3450 3: Next, the reliability of the support around 3400-3410 will be confirmed again 4: The gold price fluctuation range is maintained at: 3400-3450 range fluctuation At present, as the gold price successfully stands above the 3400 mark, the market focus has shifted to whether the gold price will fall back and adjust. From the intraday trend, gold opened high in the morning, briefly broke through last week's high, and then fell back quickly. In the short term, the 3415-3410 area has become the most important support. This area is not only the low point before the opening of the US stock market last Friday, but also the key line of defense for the long and short battles in the short term. Before this area is effectively broken, the possibility of gold price rebound can be given priority; 1: Once the price falls below 3410, the 3400-3405 area should be focused on. This range is the key point for bullish breakthrough. If it can be held, the bullish idea can still be maintained; 2: If it unfortunately falls below, it means that the short-selling force is strengthened and the market may turn to the short side. In the future, we can further pay attention to the 3385-3375 and 3365-3355 areas. It is expected that these two points will become new support levels to accumulate strength for subsequent rises. 3: In terms of resistance, the upper 3450-3455 area constitutes strong resistance during the day. If there is no new positive news stimulation, it will be difficult for gold prices to break through this area in the short term. 4: In the long run, if the geopolitical situation between Israel and Iran further deteriorates and gets out of control, the market risk aversion will continue to rise, and gold bulls are expected to make another effort to break through the current high and gradually look to the 3470-3475 area, and then challenge the 3492 line and launch an impact on the new high of 3500. The current Asian session shows a trend of opening high and closing low. Whether this trend is a prelude to a negative decline or a shock correction to accumulate momentum for subsequent rise, the trend during the European session will become the key basis for judgment. Fundamentals: On June 16, as June 2025 deepens, the global financial market is ushering in a critical week. The Federal Reserve will announce its latest monetary policy decision on Wednesday (June 18), which will not only affect the future direction of the US economy, but also have a profound impact on global asset prices, the trend of the US dollar and investor sentiment. Last Friday, Israel's military strike on Iran and the retaliatory missile attacks it triggered put pressure on global markets. This incident has added new variables to the market, which is already full of uncertainty. This week, the Federal Reserve's policy meeting, retail sales data and geopolitical situation will become the three core factors affecting the global market. The Federal Reserve may keep interest rates unchanged, but its economic forecasts and future interest rate cuts will directly affect the market's judgment on the trend of the US dollar. If the Fed sends a dovish signal, the dollar may be under pressure in the short term, but geopolitical risks and safe-haven demand may provide support for it. On the contrary, if the Fed emphasizes inflation risks, the dollar may strengthen, but this may put pressure on US stocks and global risk assets.
OANDA:XAUUSD
by Isla_Suri
Bitcoin (BTC)and NASDAQ: Intermarket Analysis and the Road AheadIn this four-hour BTCUSD chart, Bitcoin is currently consolidating within a symmetrical triangle pattern ⏳. The price is oscillating between a series of lower highs and higher lows, with the most recent swing high and swing low serving as key reference points for traders. This pattern reflects a market in indecision, awaiting a catalyst for a breakout. Volume has picked up as price approaches the previous low, suggesting that buyers are stepping in to defend this area, rather than capitulating. The next significant move will likely be determined by whether price can break above the last swing high or fall below the last swing low. A breakout above the previous high could open the door for a renewed uptrend, while a breakdown below the previous low may signal a deeper correction. Geopolitical & Fundamental Backdrop 🌍 Bitcoin’s current consolidation is happening against a backdrop of heightened macro and geopolitical uncertainty. Recent global events, such as tensions in the Middle East and shifting US economic data, have contributed to increased volatility across risk assets. Institutional interest in Bitcoin remains strong, and the asset continues to be viewed as a hedge against inflation and currency debasement. However, short-term sentiment is sensitive to headlines and policy shifts. NASDAQ & Correlation with Bitcoin 📈 The NASDAQ and Bitcoin remain closely correlated, especially during periods of heightened risk-on or risk-off sentiment. The NASDAQ has recently been consolidating after a strong rally, with price action also defined by a series of lower highs and higher lows. The index’s outlook is currently neutral to cautiously bullish, mirroring Bitcoin’s technical structure. If the NASDAQ can break above its recent high, it could provide a tailwind for Bitcoin and other risk assets. Conversely, a move below the last swing low in equities could trigger further caution in crypto markets. Summary & Outlook 🚦 BTCUSD is at a pivotal juncture, with the next move likely to be determined by a break above the previous high or below the previous low on the four-hour chart. Macro and geopolitical factors are creating short-term volatility, but the long-term structure remains constructive as long as the broader uptrend of higher lows is maintained. The NASDAQ’s consolidation and its correlation with Bitcoin suggest that risk sentiment in equities will continue to influence crypto. Watch for confirmation from both markets before taking a directional bias. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency and stock markets are highly volatile and subject to rapid change. Always do your own research and consult with a financial advisor before making investment decisions.
PEPPERSTONE:BTCUSD
by fxtraderanthony
#SOL/USDT#SOL The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel. This support is at 142. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are heading for stability above the 100 moving average. Entry price: 144 First target: 149 Second target: 153 Third target: 157
Long
by CryptoAnalystSignal
CARYSIL- LOOKS GOOD.Here's a detailed technical analysis using Elliott Wave Theory (EWT), Fibonacci, and volume/RSI interpretation for CARYSIL LTD (Weekly Chart): 🔍 Chart Analysis Summary: 1. Trend & Structure A falling trendline was broken decisively with strong bullish candles and high volume—indicating a trend reversal. The recent structure indicates a potential Wave 3 rally if we consider the Elliott Wave framework from the bottom near ₹431. 🌀 Elliott Wave Analysis (Probable Count) Wave 1: Approx ₹431 → ₹730 (early 2024) Wave 2: Correction from ₹730 → ₹520 (shallow, possibly zig-zag or flat) Wave 3: Now ongoing, from ₹520 → ₹917+ (current high). Wave 3 typically shows impulsive strength, supported here by volume and breakout behavior. Wave 4 & 5: Yet to unfold; Wave 4 may likely consolidate near ₹820–850 before a final push toward ₹1000+ (Wave 5). 📐 Fibonacci Levels Assuming: Wave 1 = 431 to 730 = 299 pts Projecting Wave 3 = 1.618 × Wave 1 = ~483 pts From Wave 2 low (₹520) → Wave 3 potential target = ₹520 + ₹483 = ₹1003 (nearly tested) Key Levels: 61.8% retracement of full fall (approx ₹1150 → ₹431) = ~₹900–920 zone (now reached) Golden Ratio resistance in play If this level is cleanly surpassed, next targets using Fib Extension: 1.618 of Wave 1 = ₹1000–1020 2.618 = ₹1150 (next major resistance) 📊 Volume & RSI Analysis Volume Surge: Confirms institutional buying interest on breakout. RSI: Near 69 (overbought zone), but typical of Wave 3. Not a sell signal yet, but keep watch for divergence. RSI-based MA: Still lagging around 51—showing momentum has only recently shifted strong. ✅ Suggestions Short-Term: Some resistance near ₹920–940 likely due to previous swing highs and Fib zone. Expect mild pullback/consolidation (possible Wave 4) before Wave 5 targets. Medium-Term: Hold with SL below ₹840 (previous breakout zone). Watch for price-volume confirmation on any move beyond ₹950. Fibonacci Retracement for Support: Key pullback support zones: ₹850 / ₹800 (0.382 / 0.5 retracement of Wave 3). 📚 Learnings / Takeaways Trendline + volume breakout with impulsive candles is a reliable Wave 3 signal. Fibonacci extensions + RSI give confluence levels for Wave 3 exhaustion. Don’t pre-empt Wave 5 without letting Wave 4 structure complete. RSI divergence is often seen between Wave 3 and 5 (watch for this in the future).
NSE:CARYSIL
by Pushpmegh
Hellena | EUR/USD (4H): LONG to the resistance area 1.17300.Colleagues, I believe that the upward five-wave impulse is not over yet. At the moment, I see the formation of wave “3” of the lower order and wave “3” of the middle order, which means that the upward movement will continue at least to the resistance area of 1.17300. This area is located between two levels (1.16529-1.18252) of Fibonacci extension. A correction is possible — be careful. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
8