Hello fellow traders, Looking at the S&P 500 on the 30-minute timeframe, I've identified an intriguing Elliott Wave pattern suggesting a potential decline. The recent price action has completed a full impulse cycle (waves 1 through 5), followed by a corrective wave (a) and a smaller rally for wave (b). Currently, we seem to be at the beginning of wave (c), which...
Hello Traders, Today, I'm sharing my analysis of the NASDAQ (US100), where I foresee a potential short opportunity, based on Elliott Wave theory. The 30-minute chart has showcased a complete impulse sequence followed by a corrective pattern, suggesting we're gearing up for another move lower. The sequence started with a sharp rally labeled as waves 1 through 5,...
Sensex has made an ATH at 30 Apr 2024 13:45 candle and retraced down to 74346.60 on 30 Apr 15:15 candle. We are facig resistance at the 50% of the swing. So Gann 50% rule is at work. The important level is 74498.50 on charts. The levels to watch are 74705 and 74518. Breakouts or fakeouts need to be watch outside this range. On upside the level to be watched is...
Possible Bump and Run Bottoming Reversal Pattern forming. Found support from over a year ago and look at the Volume on the daily (Volume precedes Price). Williams Percent Range nearing a bottom on Daily. The smart money is starting to accumulate at these levels, check out any of them CRON, GCG, GTBIF, TCNNF and they all look similar. NFA, just my thoughts.
If things continue down could we see the final bounce in the mid to low 40k region or will we hit 35k… Or is the reversal in? For two years I guessed 52-56k was the Macro Cup
Everything needed to anticipate the higher time frames. Range: HL/LH Range OC (Volume) Range Quarterly Theory Extra: IPDA range's
very odd volume on very red candles. this is not financial advise.
There's the out look long term - day/week charts are main High Timeframes from now on in clearly... Only options are, it goes higher from 50% pulls back finishes 75% - doubt it. Consolidates from 50%, plays between 75% and 25% - Likely. or we drop to open (near 25%) consolidate then rally to 75% to finish the year. - Likely.
In this 3-hour Gold Spot (XAU/USD) chart, the price action is contained within a descending channel. Notably, there have been several instances where the price has touched and reacted to the upper and lower boundaries of the channel, as shown by the shaded ellipses. The price is currently experiencing a rebound off the lower trendline, suggesting a potential...
In this USDCAD 2-hour chart, I’m forecasting a bullish scenario based on Elliott Wave analysis. The chart presents a clear corrective pattern post a significant uptrend, labeled as waves (1) through (4), and suggests that we could be in the early stages of the final impulsive wave (5). The decline of wave (4) seems to have found support, and there's an indication...
In this USDJPY 30-minute chart analysis, I'm leaning towards a SHORT position based on the Elliott Wave Theory. Observing the price movements, it appears we've completed an impulsive five-wave sequence, with the final (5) wave exhibiting a dramatic peak. Following Elliott Wave principles, after a five-wave uptrend, a correction typically ensues, which consists of...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about AXL AXL THE Bearish pennant Breakout has already Confirmed in 12H Timeframe ✅ Expecting 50%Bullish wave in Coming day's 🚀
type of order: Market sell order. Let's check if we can collect profits between tomorrow and next tomorrow. Good luck.
BTCUSDT 4H PD Array and order block 15 MSS + Max RET So I'm bullish in BTC
ADAUSD 4H PDA 15 MSS = Market Shift structure So I'm bullish with these target
The trend line has been tested but not crossed, we have set this as a buy zone, if it breaks out all we will do is I mentioned this region in the update of the analysis I shared this morning. You can see it in the quote. I'm still looking for shorts on the EUR pair.
Looks good to make a next leg of rally as the weekly candle closes above Gann levels 388 Technically looking great in all the lower time frames and the higher timeframes isbveign posted here just for the clairity SL below 385 levels and targets are marked as per the blue horizontal lines.