NEARUSDT - UniverseMetta - Signal#NEARUSDT - UniverseMetta - Signal
D1 - Formation of a potential 3rd wave in continuation of the upward movement.
H4 - Formation of a triangular structure. You can try to enter the market. Stop behind the minimum of the 2nd wave.
Entry: 7.0462 - *6.7652(market)
TP: 7.6319 - 8.3014 - 8.8872 - 9.8722
Stop: 6.4344
Wave Analysis
Short-Term Targets for Gold After Breaching $2,650 Short-Term Targets for Gold After Breaching $2,650
1. Immediate Downside Targets:
$2,600: Minor support level; likely to be tested soon.
$2,575–$2,550: Stronger support zone; potential area for profit-taking or reversal.
$2,500: If momentum remains bearish, this could be the extended target.
1. Entry Point:
Enter a sell position $2,650
2. Profit Targets:
First Target (T1): $2,600 (close part of the position).
Second Target (T2): $2,575.
Final Target (T3): $2,550 (full exit unless trend remains strong).
3. Stop-Loss:
Place a stop-loss just above $2,660–$2,670 to protect against a false breakout or rebound.
Risk Management
Avoid over-leveraging; short-term gold movements can be volatile. CAPITALCOM:GOLD
UXLINK - Is a Reversal Imminent? SHORT SETUPUXLINK has seen impressive gains over the past 7 days, rising +140% and approaching the swing high at $1.208. This price action suggests the possibility of a correction, providing an attractive short opportunity if it faces rejection at these levels.
Key Observations:
Recent Bullish Momentum: UXLINK has been on a 7-day bullish run, rising significantly, which increases the likelihood of a short-term pullback or correction.
Swing High at $1.208: As UXLINK nears the swing high at $1.208, this could act as a potential rejection point. A rejection here could provide an excellent shorting opportunity.
Riskier Trade: If you prefer a more aggressive position, a short could be taken now, targeting the swing high with a laddered approach towards that level.
Possible Correction Ahead: With 7 consecutive bullish days, a correction is likely in the near future. The dOpen at $1 serves as a strong support level to target for a short.
Break Below $1: If UXLINK breaks below the $1 level, the next target becomes the wOpen at $0.8645.
Reward-to-Risk Potential:
Target 1: $1 (dOpen) offers a 4:1 risk-to-reward, with a potential 16.45% gain.
Target 2: $0.8645 (wOpen) offers a 7:1 risk-to-reward, with a possible +28.5% gain.
Elliot Wave Count: According to Elliot wave theory, UXLINK is approaching the completion of its 5-wave structure, which may further indicate that the upward trend is nearing exhaustion.
Summary:
Bullish run over the past 7 days makes UXLINK susceptible to a correction.
Swing high at $1.208 could provide an ideal short opportunity, with strong targets at $1 and $0.8645.
Reward-to-risk ratios are favorable, offering 4:1 or even 7:1 if the trade is executed properly.
Elliot Wave suggests the end of the current upward movement, further supporting the case for a potential short.
AVAXUSD pullbackHi traders,
The AVAXUSD chart on the 1-hour time frame appears bullish. With the price balancing near resistance, we expect a pullback before the price potentially bounces off the support level.
If momentum holds, this could set the stage for an upward move, giving us a great opportunity to enter long position.
We can find the entry, stop loss and target on the chart.
GBPUSD POSSIBLE SELL Based on DAILY the market still bearish.The 4HR TF, the market seems to be forming a possible reversal pattern.
We could see SELLERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
DROP , BASE , RALLY Pattern DROP , BASE , RALLY pattern is my most favorite pattern to identify on charts and take trades accordingly.
Simple explanation of this pattern is that '' price drops to a certain level and then starts accumulation or form base level with bit of liquidity hunt to the down side. Bullish rally begins after the liquidity hunt and formation of strong base.
In this pattern we can take several trades by managing risk with the stop loss at previous low or high.
This Pattern can be identify in any financial market with the accuracy of above 80%. (personal point of view on experience)
Not a financial advice, trade on your own risk. Only for educational purpose.
Regards:
Javed ali nagri
BTC ElliotIt could be a Elliot super cycle!
Like the previous Elliott cycle that ended in early 2023 and the new cycle started at $16,000 and now we are completing wave 5 which I would like to see continue the price correction. On the other hand, we may be witnessing the formation of a super cycle in wave 3 where after about 6 months of price correction Bitcoin will start moving again and grow to $300,000.
XAUUSD: 17/12 Market Analysis and StrategyTechnical analysis of gold
Daily resistance 2725, support below 2627
Four-hour resistance 2673, support below 2627
Gold operation suggestions: Gold is currently in a volatile situation. As for the current trend, the two consecutive days of retreat last week have basically destroyed the previous upward trend. The daily short-term moving average has also formed a suppression pattern. The previous support level is also likely to be converted into top pressure, forming a suppression effect. In terms of operation, it is still treated as a rebound short.
From the 4-hour analysis, the upper short-term resistance continues to focus on the NY market high of 2662 last Friday. The intraday pullback relies on this position to continue to be short and follow the trend to fall. Pay attention to the short-term support of 2640 below, and focus on the support of 2627.
BUY:2645near
BUY:2627near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Daily Analysis of GBP to USD – Issue 171The analyst believes that the price of { GBPUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Current bitcoin cycle vs previous bitcoin cycleA side by side comparison of the current bitcoin cycle with the previous bitcoin cycle.
nalyzing market cycles is key to understanding future trends. This chart shows how the current cycle's expectations align perfectly with previous dynamics.
The comparison is make in the timing after the halvening event.
Each zone (green, yellow, red, orange, blue) is placed at the same distance from the halving #4 as they were from halving #3 last cycle.
#MarketAnalysis #CycleTheory #TradingInsights
Silvers Next Play - Elliott Wave DiagonalLooking to go Long on silver with a similar double bottom move like before
except this time the percentage gain is less with ~10% decrease each wave
First wave ~40%
Second wave ~30%
Anticipating this next move to be ~20%
🎯Target $36
Note:
The ABC correction wave 4 is a bit off but will have to do for now
Still waiting for my confirmation setup then I'm jumping in for the swing.
Elliot Wave formation on the IndexThe index seems to be in the Wave 4 (high Degree wave) as well as the starting of Wave C (Low Degree wave). If the Wave formation is respected we could see the index coming down to 72,300-72,500 levels.
This post is just an analysis and not a buy/sell/hold recommendation.
Daily Analysis of Ethereum – Issue 231The analyst believes that the price of { ETHUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Daily Analysis of Bitcoin – Issue 231The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
SILVER Will Go Up! Buy!
Take a look at our analysis for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 30.270.
The above observations make me that the market will inevitably achieve 31.022 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.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY Will Move Higher! Long!
Please, check our technical outlook for USDJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 153.785.
Taking into consideration the structure & trend analysis, I believe that the market will reach 154.383 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
AUDUSD Is Bullish! Buy!
Here is our detailed technical review for AUDUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.633.
Considering the today's price action, probabilities will be high to see a movement to 0.637.
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.
Like and subscribe and comment my ideas if you enjoy them!
BTC's $107k Inverse Head & Shoulders ProjectionBitcoin is forming a potential inverse head and shoulders pattern on the 1-hour timeframe, indicating a bullish projection toward $107k.
The immediate demand zone offers a strong buy opportunity, while a break below this level shifts focus to the buy-back zone for potential re-accumulation. This bullish scenario remains valid unless price breaks below the pattern head, coinciding with the critical BIG wave 4 support level.
Volume confirmation is essential to validate the breakout above the neckline. A breach of the neckline could trigger momentum toward the projected target, while failure to sustain key levels may result in deeper retracements.