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AB=CD

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
#XRPUSDT: Bullish Reversal Coming With Price Heading Back To 3.5## XRPUSDT Analysis: Long-Term Perspective In the long term, we anticipate the XRPUSDT price to revert to its all-time high of 3.5. From a fundamental analysis standpoint, we maintain a positive outlook, with the potential for the price to surpass 3.5. We have identified a favourable trading opportunity, as illustrated in the chart. Our approach is neutral, as the trend remains undecided. Based on the duration of your positions, you can set two targets: 1. **Short-Term Target:** If you intend to hold your positions for a short period, aim for a price level above 3.5. 2. **Long-Term Target:** For long-term investors, a target price of 4.0 or higher is plausible. We are committed to providing comprehensive analysis and support. Should you have any inquiries or require further clarification, please do not hesitate to contact us. Additionally, we would appreciate your insights on which cryptocurrency pair you would like to explore next. Regards, Team Setupsfx_
Long
by Setupsfx_
20
XAUUSD 2-Hour Breakout Trading Strategy (Long Position) XAUUSD 2-Hour Breakout Trading Strategy (Long Position) Go long on XAUUSD via breakout entry around the current price of 4051 USD once it breaks above 4051 USD. Set the stop-loss (SL) at 4023 USD. - First target (TP1): Around 4130 USD – close half the position and trail the stop-loss (TSL). - Second target (TP2): Around 4230 USD – close half the remaining position and trail the stop-loss. - Third target (TP3): Around 4330 USD – close half the remaining position and trail the stop-loss. - Let the residual position run with the trailing stop-loss in place.
OANDA:XAUUSDLong
by Jasmine-Flower
2
TSLA 3-Drive & ABCD Pattern – Path to $500 Before a PullbackThis chart highlights multiple harmonic and Elliott structures aligning for a potential bullish extension in Tesla (TSLA). A well-defined ABCD pattern and 3-Drive pattern suggest momentum building toward the $500 zone, supported by Fibonacci projections and channel resistance. The current wave structure points to an imminent 5-wave advance, likely completing the “Drive 3” and pattern D confluence area near $500–505. Following that move, a corrective pullback (ABC) is anticipated, possibly retesting prior support near $440–400. Key elements featured: ABCD completion zone: around $500 3-Drive pattern: confirming exhaustion at upper trendline Elliott 5-wave projection: short-term bullish continuation Possible corrective phase: after the final wave up 📈 Watching for confirmation of Wave iii and potential exhaustion signals near $500 before considering downside setups.
NASDAQ:TSLALong
by msezng
GBP/USD poised to rebound on demand and AB=CD support From the daily price of GBP/USD (British pound versus the US dollar), the pair has rebounded from demand at US$1.2871-US$1.3016, a move that is accompanied by the completion of an AB=CD bullish formation at US$1.3078 (100% projection ratio). From this point, traders tend to target the 38.2% and 61.8% Fibonacci retracement ratios derived from legs A-D at US$1.3307 and US$1.3491, respectively. Written by FP Markets Chief Market Analyst Aaron Hill
by FP Markets
BTC Bullish Continuation: The Significance of 50% RetracementsOver the past three years of bullish market cycles, the 50% retracement level has frequently acted as a reliable support zone following significant upward impulses. In multiple instances, after establishing a new swing high, price has pulled back to a 50% level before successfully establishing a higher low and resuming the primary bullish trend with strong momentum. This demonstrates the level's importance in reloading the trend. Following the most recent swing high, BITSTAMP:BTCUSD has executed a corrective move, which has now brought price precisely to the 50% retracement level of the overall bullish impulse. This successful defense of the 50% retracement level strongly implies the formation of the next higher low (HL) in the overall bullish structure. In summary, the market is currently at a high-probability reversal zone that has consistently preceded significant upward movements in Bitcoin's recent history. The risk/reward proposition favors a bullish continuation!
INDEX:BTCUSDLong
by Tempo_Trades