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AB=CD

$BTCUSD: immediate short term target at $98KBITSTAMP:BTCUSD : I believe CRYPTOCAP:BTC will make a new ATH in 2026. However, whether it will sweep the $80.5K low before going up to ATHs is uncertain. In Elliot Wave terms, we have completed an abc correction. However, this can be just A of a larger degree ABC or this can be the entire ABC correction. Either way, in the immediate short term, I see CRYPTOCAP:BTC rallying to $98K+ to complete Wave 1 up or Wave B. $98K is the 38.2% retracement of the entire correction from $126.2K to $80.5K. And there is a measured move AB = CD target of $98.1K. I expect resistance to be very fierce at $98K. Wave 1/Wave B can go beyond $98K of course. But let's not get ahead of ourselves. $94K is still a very strong resistance. The two converging trendlines provided resistance to this rally so far. It took the two converging lines to actually converge for CRYPTOCAP:BTC to get above both. Once $94K is overcome, $96K, then $98K.
BITSTAMP:BTCUSDLong
by HeadsUp2021
$HIMS: starting a 5-wave sequenceNYSE:HIMS : I'm counting a 5-wave sequence starting from November low of $32.88. I see a clear 5-wave pattern from that low going to Nov. 28 high of $39.xx. Wave 2 started there. Wave 2 so far has retraced just shy of 61.8% retracement. For a Wave 2, 50%-61.8% retracement are quite common and normal. However, it could retrace 99% of Wave 1. If $32.88 is taken out, then this count is invalidated and NYSE:HIMS has not completed the major degree level consolidation. If Wave 2 ended at today's low, a simple AB = CD projection takes us to $42.75. For now, I have a small long position using covered stocks because Wave 2 may not have completed. My breakeven is at $37.5 after selling calls expiring this week. Looking to roll them to next week.
NYSE:HIMS
by HeadsUp2021
EURUSD - why am I bearish on the priceWell, thank you for commenting on my ideas on EURUSD. This is what makes the TradingView community unique. In one of the comments I learned that I am agains the mainstream believing that EURUSD is not going to continue growing (will not hit the next max after 1.19191 on Sep 15th). In this post I would like to provide arguments for which I am bearish in EURUSD, yet keeping in mind that those are just my humble opinions and as such they can be completely wrong. So, let's do that: Argument #0 - EURUSD in W1 in in Downtrend since June 2008 Argument #1 - Overbalance - total size of the corrections (marked light blue) are almost equal. Yet the recent correction perfectly is aligned with Garttley pattern (Argument 4). Argument #2 - The BC parts of the above mentioned corrections are equal too (marked navy blue) Argument #3 - the recent correction has performed a perfect ABC pattern Argument #4 - The above mentioned Gartley pattern (I wrote a post on that) has been completed Argument #5 - last but not least - the price returned exactly on Fibonacci Retracement 161.8 of the most recent correction to the up-movement starting on Sep 30th 2024. Those argument create a massive Resistance Cluster at 1.17500 - 1.19600. Altogether I have six argument to believe the local uptrend on EURUSD simply expired. But of course I may be absolutely wrong and EUR will go up from where it is now. Just my humble opinion
Short
by PetrBorosh
1
$MSTR: AB = CD is around $145NASDAQ:MSTR completed Wave in Nov 2024 and has been in Wave correction since. Elliott Wave theory states that often the correction will enter the zone of Wave 4 of one lesser degree, i.e., Wave III-Wave IV area of Wave . This corresponds to $200 in March 2024 and $102 in August 2024 (a 50% drop for Wave IV!). Presently, MSTR at $172 already entered the top of that zone., AB = CD for the flat correction gives $145, which is right in the middle of this zone. $145 also is just above the 78.6% retracement. This count is invalidated if MSTR drops below Wave top achieved in Feb 2021 at $131.50. I don't believe MSTR will drop below $131.50 but hitting AB = CD at $145.84 is likely, which would probably correspond to CRYPTOCAP:BTC = $78K. I don't own MSTR and don't plan to trade this name. If CRYPTOCAP:BTC drops to $78K, I plan to add to my position.
NASDAQ:MSTRLong
by HeadsUp2021
BTC Weekly Update | Still in Uptrend – Next Target 140K to 150KIn the start of 2025 (10 Feb), I shared a #BTC analysis when Bitcoin was trading around 95K, and our buying zone was clearly mentioned between 86K – 79K. #BTC perfectly touched this zone and gave over 100% return! Our position is still active and in strong profit. Now, once again on the weekly timeframe, #BTC is showing a potential AB=CD pattern formation. Currently, #BTC is moving within the Fibonacci golden zone (0.382–0.5), testing the trend line, and testing the EMA 50, theses are strong technical confluence zones for a bullish continuation. Spot Trade Plan: We will accumulate #BTC at CMP (Current Market Price). Futures Trade Plan: For confirmation, we will wait for: A bullish candle on the 1D timeframe A bullish divergence on the 4H chart A clear breakout of the resistance zone Once confirmed, we’ll look for a long setup with proper risk management. Trend Outlook: #BTC remains in a strong uptrend, and the next potential target zone could be around 140K – 150K if bullish momentum continues. What’s your view on #BTC — are you bullish or expecting a deeper correction? Drop your thoughts below! #BTC #Bitcoin #Crypto #BTCUSD #CryptoAnalysis #TechnicalAnalysis #TradingView #Bullish #ABCDPattern #Fibonacci #Uptrend #EMA50
Long
by Elite_Technical_Analysis_Hub
4
Watching the US$3,886 low closely right now!Whether Gold can hold onto its recent momentum is difficult to predict given the market uncertainty right now. Not only is it a 50/50 bet whether the Fed pulls the trigger and cuts rates next month, but no one actually knows what US data we will be getting in the coming weeks, now that the US government shutdown has ended. Additionally, it is still unclear when we will receive the data. September’s numbers will likely filter through next week and give us more of an idea of sentiment, but October’s data is tricky, particularly the jobs report! Ultimately, the hawkish Fed rhetoric suggesting a potential pause next month will likely hinder upside in the yellow metal for now. You will note that Gold is down nearly 3.0% today, and if we see the unit engulf US$4,000 – a widely watched number – and the US$3,886 low formed in late October, this could trigger breakout selling to US$3,748, I believe: an AB=CD completion. Consequently, while the trend clearly favours buyers in the longer term, we could be in for a little more pain to the downside, especially if we absorb US$3,886 bids. Written by FP Markets Chief Market Analyst Aaron Hill
FPMARKETS:XAUUSDShort
by FP Markets
AUDCAD – 2618 Trading Strategy + 3-Bar Reversal ConfirmationThis setup is a textbook example of the 2618 trading strategy combined with a strict 3-Bar Reversal trigger for entry. First leg: Market breaks structure, taking out prior lows. Retracement: Price retraces back into the 61.8% Fibonacci level. Confirmation: A 3-Bar Reversal forms, providing the entry signal. Entry: Short position placed at confirmation of the 3-Bar setup. Stops: Positioned above the retracement highs to protect against invalidation. Targets: Measured at the 127.2% Fibonacci extension of the swing for optimal risk-to-reward. 📊 Why This Matters: The 2618 strategy by itself is powerful, but pairing it with a confirmation pattern like the 3-Bar Reversal increases probability and filters out weak signals. This combination creates a disciplined, rules-based approach to trading that’s repeatable and consistent. ⚡ High-probability setup. Textbook execution. Risk defined. Reward targeted.
Short
by theharmonictradingclub