Elliott Wave — Wave Analysis — TradingView (2024)

Is the bullish cycle really over? Definitely yes, and in this analysis, I will tell you why! The crypto market is dying in front of our eyes, if you are a hodler of many coins, you can see it very clearly on your account balance. Bitcoin failed to sustain the key level of 62k (0.618 FIB), which is an extremely strong sign of weakness. If you take a look at my...

This AUD/USD pair could completed its correction alreadyWave (1) = diagonalWave (2) = complex correction W-X-Y (expanded triangle)Wave 1-2 (expanded flat completed last night 26/6/2024) of 3 If this wave count is valid, possible short term target (days-weeks) are1) 0.682) 0.694Price should not go lower than 0.664If it goes lower than 0.658 -> this...

FX:XAUUSD after falling to 2293 is forming a correction before the news as traders are shrugging off fear of unpredictability. Important news ahead that determines the medium term strategyTraders are waiting for US GDP and PCE inflation data. Bullish data against the dollar could hurt the price of gold quite a bit, which could head towards 2220 and get a...

FX:XAUUSD strengthens on the news as traders took it as a possible easing of inflation. The dollar under pressure is favorable for gold. Ahead of the core PCE, traders expect inflation to ease from 2.8 to 2.6 If inflation data points to a slowdown in inflation, the gold price is likely to recover as the US dollar will be under strong selling pressure. This...

FX:EURUSD is forming a consolidation, characteristic of a pre-breakout, against a key support line as the dollar index continues to gain support and hold north.A strong bearish situation is developing on D1. There is no strong buyer in the market that can turn around a weak market under pressure from strong bears. The market is below the MA200-MA50 daily...

FX:XAUUSD is updating the low. The breakdown of the structure confirms the dominant bearish potential. But, the price is moving reluctantly in anticipation of the news. There could be a retest of resistance (trap) before falling. The dollar is strongly bullish. The US market situation is difficult and regulators have hinted more often about rate hike,...

FX:GBPUSD on Friday updates the local low and confirms the bearish nature of the market. Since the opening session traders have been trying to buy back some of the decline and are heading towards the liquidity zone, from which bears may intensify sellingTraders increased selling in GBP to a 16-month high amid expectations that the Central Bank of England will...

OANDA:NZDUSD is consolidating after breaking the uptrend support. There are no signs on the chart for possible growth, only if the fundamental environment does not change drastically...Technically, a bearish situation is forming on the senior timeframe within the 0.6219 - 0.6084 range. Traders do not believe that the dollar will start to fall and are forming...

Last few weeks im looking for bullish only. Yes running few pips from the bottom. All set breakeven. Trade with your own risk.

Im still bearish for GOLD. Looking for this structure. Trade with your own risk.

From last few weeks i remain bullish and no sell setup. I only focus buy. Trade carefully .

SMCI has pulled back from the peaks, now it's trying to catchup with it's peers. Long anywhere hereTarget#1 1000Target#2 1260Stop Loss 650, it's little wide but that's the level to invalidate this move.

TVC:DXY Will the US Dollar finally die from this ending diagonal at heavy resistance...?

BINANCE:PEPEUSDT - the meme coin is showing signs of a possible end to the correction and a return of price to the bullish trend continuation phase. On the local timeframe, the price forms an exit beyond the resistance of the descending channel, characteristic of the correction against the background of the bullish trend. Against the background of bitcoin...

This is an update to an old published idea which is the continuation of the elliot wave primary move down in bitcoin dominance, typically coinciding with bullish move in altcoins

on this situation for now it is a counter triangle and the E wave looks like a flat pattern,I will share the smaller time frame.

Gold has turned lower in the last two months, which has been expected as we saw market in fifth wave of an extended wave 3 after breaking to new ATH. Well, what we see now is a corrective pause which can come to an end in the near future, but possibly at lower support levels as the current price action here above 2300 can be a triangle in the middle of a three...

Long anywhere hereTarget #1 - 108Target #2 - 113Target #3 - 121 after a pullback