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Wave Analysis

Microsoft (MSFT) Found a Bottom - Long Trade Setup🖥️ Microsoft Corp. (MSFT) - 15-Minute Chart 🚀 Trade Setup: - Potential Reversal Zone (PRZ): Watching for a bullish reaction near the current support at $428.00 - $426.26. - Entry Plan: Waiting for confirmation of a bounce from the support zone. Targets: - Target 1: $432.92 - Target 2: $435.83 - Stop-Loss: Below $426.26 to protect capital. 📈 Key Notes: Expecting a potential ABC correction to complete, followed by an upward move toward the targets. The risk-to-reward ratio aligns well with this setup. Watch for bullish candles or a volume increase to confirm the entry. ⚠️ Risk Management: Trade responsibly and adjust position size to maintain proper risk based on your account balance. #Microsoft #StockMarket #TechnicalAnalysis #MSFT #TradingView
NASDAQ:MSFTLong
by MrStockWhale
Analysis of gold operation strategy next week Recently, the U.S. dollar index has continued to strengthen, rising for several consecutive weeks, putting pressure on gold prices. If the US dollar index continues to remain strong, gold prices may be further suppressed. However, we also need to pay attention to the fluctuations of the U.S. dollar index. Once it pulls back, gold prices are expected to get a chance to rebound. Although the US dollar and US bond yields pose downward pressure, the continued escalation of geopolitical tensions provides safe-haven support for gold. Conflicts in the Middle East and turmoil in the Russian-Ukrainian situation may trigger risk aversion in the market, thereby pushing up gold prices. In addition, the state of the US economy will also have an impact on gold prices. Recently, the U.S. economy has shown strong resilience, but there is still uncertainty about its future direction. The international gold trend next week may show a volatile trend, which is jointly affected by the U.S. dollar index, geopolitical situation and U.S. economic conditions. Investors need to pay close attention to the changes in these factors in order to grasp the trend of gold prices. At the same time, it is also necessary to pay attention to risk management and avoid blindly following the trend. Gold technical analysis: Next week will usher in the final battle between the annual and monthly lines. From the perspective of the annual line, the overall bull market is still there, the general trend is still bullish, and there is no trend reversal, just a temporary pause. In terms of the monthly line, the overall structure is bullish, but the monthly K line is currently in a continuous negative pattern, which is beneficial to the bears. In addition, the short-term 5-day moving average of the monthly line shows signs of turning. Although the bulls are dominant, we must also pay attention to the downward retracement strength. In terms of the weekly line, the weekly line received a small cross positive. If we only look at the rebound strength, the upward momentum is obviously insufficient. In addition, the overall technical pattern shows that the bears have the conditions to break the support and extend. The gold hourly line is still oscillating within a large range. If gold rebounds first at the opening of next Monday, and if it continues to be under pressure at 2640, then gold will continue to sell short on rallies under pressure at 2640. Gold bulls have not shown full strength, and they have risen many times. After falling back, gold is not very confident in its upward breakthrough. It keeps making false breakthroughs, and then lures the bulls to fall again. Judging from the 4-hour analysis, the lower support focuses on the 2600 integer mark, and the upper short-term pressure focuses on the vicinity of 2640. The overall tone of high short-selling participation remains unchanged based on this range, and the middle position is cautious to pursue orders, and patiently waits for the key point to enter the market. Gold operation strategy: 1. Gold rebounds and sells short at the 2637-2640 line, stop loss at 2649, target the 2610 line, and look at the 2598-2600 line if the position is broken;
FOREXCOM:XAUUSD
by Caesar_Gorman01
BTC will react here in a way that isnt parallel to the past.BTC's patterns are gorgeous but beyond new territory imo. DXY is staged for a shoebag to the down, yet BTC still has liq ~104k zone as do stocks have more room for growth via a strong Q1. Especially if Japanese YIN is able to keep news about their rates aside and work it out, the US dollar will hold more value this presidential cycle. Stabilizing the range for IF A DUMP OCCURS on Bitcoin, Wallstreet liq will keep a solid >60k btc. Imo 50's wont happen again, and it might get a little bit unpredictable for the second half of this 10yr cycle going into 2025-2030. Both ways- bull AND OR bear. Unless we have a reset; which I doubt will ever happen because the entire human race depends on the dollars stability. Short term tho; RSI said to exit 100k BTC. Long term tho; This is going to be an interesting 4 years of a Post-Biden America. I see health, but am concerned deep down for some reason. NFA DYOR IDK F*K ABOUT SH*T
BITSTAMP:BTCUSD
by imaclone
BTC 2025 Update Road to 120K Key Observations: Resistance Zones: A significant resistance area is marked near the previous ATH BTC (All-Time High) and within the labeled "MicroStrategy" zone, indicating a strong selling region. Fibonacci retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) align with these resistance levels, showing potential rejection points. Support Levels: The demand zone near $91,239.77 is highlighted as a key support area. The chart shows Fibonacci retracement support near $94,546.74 and $92,918.26, where buy orders have been triggered. Black Swan Dump Warning: A significant downside warning labeled as "Black Swan Dump Incoming" is noted. This suggests anticipation of a sharp sell-off, potentially targeting the lower Fibonacci retracement zones or even breaking the demand area. Breakout or Fakeout?: The annotation suggests market indecision around $104,089.07, where the price may either break higher or face rejection. Current Price Action: The current price hovers near $94,978.74, slightly above the Fibonacci 0.786 retracement level. This indicates a precarious position, where a bounce or further drop could occur. Bearish Bias: Several labels such as "BTC Crash Alert", "The Bears are out", and "Black Swan Dump Incoming" indicate a strong bearish sentiment. Potential Scenarios: Bearish Scenario: If the price fails to hold the $94,546.74 level, it could target the demand zone near $91,239.77 or even break lower toward the 0.618 Fibonacci extension ($90,682.18). Bullish Scenario: A breakout above $104,089.07 could invalidate the bearish sentiment and lead to a rally toward $105,715.06 or the ATH supply zone. Strategy Recommendations: Short Trades: Consider short positions near resistance levels ($98,901.95, $101,452.76) with a tight stop-loss above $105,715.06. Long Trades: Look for buying opportunities near the demand zone ($91,239.77) or if a clear breakout above $104,089.07 occurs.
CRYPTO:BTCUSD
by ProWolfTrader_89
[ES] Has the S&P 500 Finished Its Runup?I doubt it. That move doesn't look like it's done. The general principle that this basic analysis follows is that the market moves in 3s and 5s. Now, that may sound a lot like Elliot Waves and it should. 3s and 5s were Ralph N. Elliot's primary discovery and contribution to the discovery of natural phenomena in markets. That said, it is dangerous to get dogmatic about rules. The same applies to Fibonacci extensions. But when you combine "3s and 5s" and "Fibonacci" you end up with a pretty reliable pattern. When there is a three wave move in progress (which could eventually turn into a five), you can pretty reliably trade that move (up in this case) to the 0.786 trend extension (highest probability), the 1.000 extension (high probability), or it could turn into a five wave move that goes clear up to the 1.618 extension (lowest probability move). It is not wise to be dogmatic about these strategies though, because you have to listen to the market. The market is the CEO of this enterprise, not the lines on your chart. That said, this works better than 50% of the time without question. It's a generally truthism that markets move in 3s and 5s. The challenge comes when it comes to 'wen buy, wen sell.' There is no right answer to that. Sure, the market moves in 3s and 5s, but to take advantage of it requires fluidity and a careful consideration of your (a) risks, (b) 'Bayesian priors" (if you will), and (c) the adjacent future outcomes as the come into view. This is not an endorsement of either methodology. It is merely a demonstration of the veracity of components of those methodologies. Trade well.
CME_MINI:ES1!Long
by FuturesTradeClub
7
GBP/USD Intraday Reversal PredictionIn this detailed analysis of the GBP/USD pair on the 1-hour timeframe, we explore potential intraday reversals and breakout points that could offer significant trading opportunities. Our chart highlights crucial support and resistance levels, where the currency pair has shown historical responsiveness. These levels are identified at 1.2570 and 1.2580, marking key areas for potential entry or exit. We've delineated a predictive path using a triangular pattern to project future price movements. This pattern suggests an initial rally to test upper resistance, followed by a sharp decline and a subsequent recovery. Such movements are typical of harmonic patterns observed in forex markets, where price symmetry and market psychology often dictate movement. Key Features of the Analysis: Support and Resistance: Identified critical points that have historically influenced GBP/USD price movements. Predictive Path: A blue triangular formation forecasts the expected price trajectory, emphasizing potential buy and sell zones. Trade Indicators: Annotations like 'IDM' and 'BOS' are used to denote Intraday Momentum and Break of Structure, respectively. These indicators help in pinpointing the likely moments for momentum shifts and structural breaks in the price chart. Trade Recommendations: Buying Opportunity: Around the 1.2580 resistance level following a breakout signal. Selling Point : After the price fulfills the upper trajectory of the triangle and shows signs of reversal. This analysis is intended for traders looking for dynamic entry and exit points within a fluctuating forex market. By understanding the patterns and indicators outlined, traders can enhance their strategies to capitalize on the inherent volatility of the GBP/USD pair.
Short
by EliteTradersChoudharyJI
$ETH Struggling but starting to feel confidentSEthereum seems to be having quite a battle with itself. CRYPTOCAP:ETH knows it is worth much more but is kept artificially small. Currently, MARKETSCOM:ETHEREUM appears to be trying to break multiple resistances that all end up at roughly the same spot. I honestly don't think we will see CRYPTOCAP:ETH much deeper than here and that this is a nice bottom to a value worth Ethereum. In my view, Ethereum should go to a price well into the 10K range and I would not be surprised if it flirts with 20K. Be kind to the world and each other!
BINANCE:ETHUSDLong
by RidgerR