Wave Analysis
CAD/CHF (Trade Recap) and EUR/AUD ShortEUR/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
BUY or BYE??Well, I still maintain that gold is very bullish despite all these strong moves down. From what I have experienced with gold, after all these corrective moves, the trend will resume in a very fast manner and it would be hard to even find a setup or a pullback to join the trend. However, I think right now could be a good time to enter with minimal risk. I see many levels where the trend could resume from but 2680 is one of them for now...
EURUSD SELL ZONEEURUSD SELL ZONE 🔻
📍 Resistance Rejection: 1.05275
🔹 Price formed lower highs and is showing bearish pressure.
🔹 Targeting key support zones:
1st Target: 1.04825
2nd Target: 1.04500
Trade Confirmation:
🔸 Watch for strong bearish momentum continuation.
🔸 Entry Trigger: Break of the local trendline and structure support.
💡 Note: Manage risk carefully with stop-loss above 1.05275.
GBPJPY SELL ZONEGBPJPY SELL ZONE 🔻
📍 Key Resistance: 195.642
🔹 Price rejection confirms sell pressure at resistance.
🔹 Targeting the key support areas below 194.104 and 193.577.
Short Position Setup:
🔸 Entry Confirmation: After trendline break and pullback.
🔸 Bearish momentum active — monitor for continuation signals.
💡 Note: Trade cautiously and manage risk effectively.
Northrop Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Northrop Stock Quote
- Double Formation
* 530.00 USD| Survey | Subdivision 1
* (Neckline) | Bias On Hold | Method 1
- Triple Formation
* ABC Flat Correction | Configuration | Subdivision 2
* Inverted Head & Shoulders Pattern | Method 2
* Retracement Area| Pullback Entry | Hypothesis | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Lululemon (LULU) - Trend Channel Setup with Strong TargetLululemon is consolidating within a descending channel following a strong impulse move (wave iii). The price is currently forming wave iv and respecting support near $371.70. A breakout from this channel could trigger the next leg higher toward the key Fibonacci targets.
Setup Details:
- Entry Zone: ~$390.60
- Stop-Loss: $371.70
- Target 1: $409.96
- Target 2: $449.27
Key Observations:
- Trend remains bullish supported by wave structure.
- EMA ribbons below price indicate bullish momentum support.
- Watch for breakout confirmation above resistance to trigger the trade.
Risk/Reward: Attractive 1:3+ setup. 📊
#LULU #Trading #NASDAQ #StockMarket
Trend analysis and strategy, continue to look at reboundGold bottomed out and rebounded on the daily line, MA10/7-day moving averages were flat at 2661/70, and the RSI indicator was running at the 50 value of the middle axis. The short-term four-hour chart bottomed out and rebounded, and the Bollinger Band lower track 2630 was supported to a certain extent. The hourly moving average golden cross opened upward, and the RSI indicator bottom diverged and stood above the middle axis. The callback during today's trading day is still mainly for low-price longs, and then consider selling.
After yesterday's decline, gold continued to return to volatility. After today, the NY market will usher in the Fed's interest rate decision, so gold will most likely continue to fluctuate before the Fed's interest rate decision, and then wait for the Fed's interest rate decision to decide the winner.
The 1-hour moving average of gold is still in a short position. The gold rebound still focuses on the resistance near the last high of 2667 and continues to see a volatile decline. Gold rebounds above 2660 and can continue to be short. Pay attention to the 2633 first-line support below. Gold fluctuates in this range and waits for the Fed's interest rate decision before choosing a direction.
First support: 2640, second support: 2633, third support: 2615
First resistance: 2658, second resistance: 2667, third resistance: 2678
Trading strategy:
Before the US interest rate decision, sell high and buy low in the range of 2633~2667
FARTCOIN Ready to Go Down?I usually don't cover highly speculative altcoins like CRYPTO:FARTCOINUSD but when I looked at the chart, it looked a clean 5 wave up complete. It looks ready to begin the correction from here. Difficult to say how this correction would unfold, i.e. ABC, WXY, WXYXZ. It should do a minimum of 38.2% retracement of the whole rise, though I would be open to much bigger correction (>50%).
Having said that, exercise caution given the highly speculative nature of this coin. This view gets invalidated if the high of 0.92305 is breached.
BXP Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# BXP Inc. Stock Quote
- Double Formation
* 52.60 USD | Uptrend Bias | Subdivision 1
* 012345 | Wave (1)) & (2)) | Extended Survey
- Triple Formation
* Retracement | 0.382)) | 0.236)) & 0)) | Subdivision 2
* 012345 | Wave (3)) | (4)) & (5)) | Subdivision 3
* (1) & (0.618) | Neutral Area
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Elliott Wave View: Bitcoin (BTCUSD) Has Reached Inflection AreaShort Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally from 6 September 2024 low is in progress as a 5 waves impulse. Up from 6 September, wave 1 ended at 66508 and dips in wave 2 ended at 58867. The crypto-currency has extended higher in wave 3 towards 103647 as the 1 hour chart below. Pullback in wave 4 unfolded as a zigzag Elliott Wave structure. Down from wave 3, wave ((a)) ended at 97917 and wave ((b)) ended at 99577. Wave ((c)) lower ended at 92310 which completed wave 4 in higher degree.
Bitcoin has resumed higher in wave 5. Up from wave 4, wave ((i)) ended at 101251 and wave ((ii)) pullback ended at 94249 as a zigzag structure. Down from wave ((i)), wave (a) ended at 98752 and wave (b) ended at 101407. Wave (c) lower ended at 94249 which completed wave ((ii)) in higher degree. The crypto-currency has extended higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 102582 and pullback in wave (ii) ended at 99250. Wave (iii) higher ended at 107821. Pullback in wave (iv) is in progress as an expanded flat before it turns higher again. Near term, as far as pivot at 92310 low stays intact, expect dips to find support in 3, 7, or 11 swing and the crypto-currency to extend higher.
dxy drops to $88Gm.
It has taken us a while to get to where we are today, and I’m excited to share an update on the DXY this fine morning as I sip the tastiest coffee in all the lands.
Two years ago, around this time, I called the top on the DXY via:
We have yet to surpass that high, and today I bring you an exciting update. The DXY has officially confirmed the drop that is to come by rejecting a target we've been eyeing for the last quarter of the year.
While there’s always a chance it could go slightly higher, I’ve included one target above the recent rejection.
If my primary theory plays out, the DXY will see a sharp decline below $90 by the end of 2025. This will also coincide with the creation of a "top" in the global liquidity index.
ETHUSD evening analysisTechnical analysis of ETHUSD.
This count has price at or near completion of wave ((1)) of iii.
Wave ((1)) has completed a five-wave structure.
Wave ((2)) valid with price above 879.80. As price never tagged the median line (red-line) of pitchfork, this analysis suggests a deep wave ((2) towards 1000.
"M" pattern will be createIt may go to 2610 again,
support level coinciding with the 50% retracement level
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up
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US500 evening analysisTechnical analysis of US500.
This analysis has price in wave 4 of (5).
Wave 4 would appear to be an Elliott Triangle Wave.
If accurate, wave 5 of (5) would provide one more all-time-high to complete top (unless truncated).
Price is very unlikely to tag median line of pitchfork (red line), a bearish side which suggests price should fall back to 5835.6 at a minimum.
Count valid for price below 6197.
SOL/USD: Will Solana Blast to $400 or Dive to $70?Hey Mindbloome Family, let’s talk about Solana—it’s at an important spot right now. Here’s how I see it playing out:
If Solana gets to $202, it could really take off and head for $400 or more.
If it dips to $155–$160, there’s still a chance it bounces back from there.
But if $155 doesn’t hold, we might see a deeper drop to $65–$70.
Wellness Tip: Remember, it’s not just about trading—taking a short break or stepping outside for some fresh air can help you stay sharp and focused.
If you’ve got questions or want to chat more about this setup or trading in general, check out my profile or send me a DM. I’m here to help and share what I’ve learned.
Kris/Mindbloome Exchange
Trade What You See
1218 USOIL another new chance to follow daily trend.Hello traders
The fundamentals of crude oil have not changed much, but on the technical charts, the bottom consolidation pattern leading to a decent price movement is very frustrating.
At the weekly level, the analysis of the bottom trend breaking through the red trend line is still considered limited.
On the 4-hour chart, crude oil has fallen below the EMA and the first resistance level, which diverges from the daily chart (where the candlestick is above the EMA) and the weekly chart (which has broken through the bottom resistance line), presenting a dilemma in decision-making.
Approach 1: One can choose to enter new long positions after the 4-hour chart returns above the EMA.
Approach 2: Alternatively, one can opt for a larger risk-reward ratio, entering the market when the 4-hour chart is below the EMA while maintaining a bullish outlook on the daily and weekly charts.
For existing long positions that have not hit the stop loss, it is recommended to hold on, based on the second approach mentioned above.
TP1: 71.5
TP2: 72.0
TP3: 72.70
GOOD LUCK!
LESS IS MORE!