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Elliott Wave

GOLD → False breakout of resistance after a rally...FX:XAUUSD is emerging from consolidation and entering a distribution phase. Spot metal is testing the 4085 mark, facing strong resistance amid progress in ending the US shutdown and weak economic data... The US Senate has approved a funding bill, but the process takes time (voting in the House of Representatives and Trump's signature). China: Gold ETFs rose 164% in the first nine months of 2025. The People's Bank of China has been increasing its reserves for the 11th consecutive month (to 2,303.5 tons). However, China's temporary easing of trade restrictions (exports of rare metals) supported risk-on sentiment. The probability of a Fed rate cut in December is estimated at 66%. Technically, we have bullish signals, but after strong growth, there may be a pullback... Resistance levels: 4085, 4100 Support levels: 4050, 4046, 4030 Gold is testing resistance as part of its bullish run, which is temporarily halting its strong growth. The market may lack the potential to break through resistance, and in order to build up this potential, the price may form a pullback or consolidation... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
17
GOLD → The bullish trend continues its movement FX:XAUUSD is testing the $4,150 level, hitting a three-month high amid expectations of a resumption of US government operations and weak economic data. The weekly gain exceeded 3%. Expectations of Fed easing - 64% probability of a rate cut in December, Consumer Sentiment Index (50.3) - lowest in 3.5 years. Layoffs rose 183.1% in October. The end of the shutdown will allow the release of missed data (NFP, CPI), which may confirm the need for a rate cut. All of this provides support for the metal. Today, it is worth paying attention to ADP employment data (4-week average) — an assessment of the labor market. Fundamentally, gold remains bullish thanks to a combination of monetary expectations and macro risks. Resistance levels: 4150, 4160 Support levels: 4125, 4085 The trend is bullish and quite aggressive, with the market not allowing for deep pullbacks. Ahead lies resistance at 4150-4160, a fairly dense pool of liquidity that is likely to halt the current movement and trigger a small correction before continuing to rise to 4200-4250. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
Big Catalysts Behind Bitcoin’s Pump – Can BTC Hit $110K?Bitcoin ( BINANCE:BTCUSDT ) started pumping yesterday as I expected in my previous idea . Let's take a look at the fundamental reasons for Bitcoin . Why the sudden BTC pump? Here are the 3 BIG catalysts hitting at once: 1-US Government Shutdown officially ending tomorrow (Nov 12) Senate finally reached a budget deal. Treasury General Account (TGA) will start draining → hundreds of billions in fresh liquidity flooding markets. Same thing that ignited the 2020-2021 bull run. 2-Trump’s “Tariff Dividend” President promised every American adult at least $2,000 from tariff revenue (potentially $400B+ total). Last time we got $1,200 stimulus checks, BTC went from $7K → $69K. Do the math. 3-Short squeeze + ETF flow reversal Despite last week’s $1.22B ETF outflows, today we’re seeing fresh bids stacking. Bears who shorted the dip are now fuel for the rocket. ------------------------------------------------------------------------------ Let's take a look at Bitcoin’s technical analysis on the 1-hour timeframe . Right now, Bitcoin is trading around a Resistance zone($107,600,980-$106,100) , and it looks like it might be forming a potential ascending channel , though the second top of that channel isn’t confirmed yet. My expectation is that after a brief pullback to the Support zone($104,840-$103,600) —where there’s also Cumulative Long Liquidation Leverage($105,311-$104,111) —Bitcoin could start rising again and attempt to break through the Resistance lines. If BTC manages to break above those Resistance lines, then the next target could be around $110,000 . Cumulative Long Liquidation Leverage: $99,865-$98,168 Cumulative Short Liquidation Leverage: $112,590-$111,459 New CME Gap: $104,565-$104,160 So what do you think? Can Bitcoin push up to $110,000, or will it turn back down again? Note: These days, the market can be pretty volatile and unpredictable, so always remember to manage your risk and stick to your risk management strategy. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
9
EURJPY Weakening Fast – Correction Phase Beginning!EURJPY ( OANDA:EURJPY ) started to fall nicely from the Potential Reversal Zone(PRZ) and important resistacne lines and managed to break the Support lines . In the above timeframe, EURJPY is moving in an Ascending Channel . In terms of Elliott wave theory , it seems that EURJPY has managed to complete the main wave 5 and with the break of the ascending channel , we can confirm the end of the main wave 5 . I see the beginning of the imminent corrective waves . I expect EURJPY to decline at least to the Support zone(175.18 JPY-174.71 JPY) and lower lines of the ascending channel in the coming hours, and if the ascending channel breaks, the second target could be around 173.144 JPY . Stop Loss(SL): 178.32 JPY Please respect each other's ideas and express them politely if you agree or disagree. Euro/Japanese Yen Analyze ( EURJPY ), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
6
USDCHF → Manipulation? False breakout of resistance FX:USDCHF attempted to take advantage of the trend reversal opportunity after breaking out of a descending wedge, but the weak dollar hindered the rally... The currency pair is facing resistance at 0.8076. There is no continuation of the momentum towards a breakout, and bearish pressure, which is intensifying as the dollar index declines, is negatively affecting the currency pair. The price has returned to the trading range, with an emphasis on 0.8057 - 0.8076. If the bears keep the price below this zone, this move could trigger further sell-offs. Resistance levels: 0.8057, 0.8076 Support levels: 0.7957, 0.7925 The false breakout confirms that sellers currently have the upper hand and buyers lack the strength to push the price higher. Accordingly, consolidation below the key level could trigger a further decline towards the zone of interest at 0.7975. Best regards, R. Linda!
Short
by RLinda
5
Ethereum Bulls Defending $3,500 Zone – Time to Rise?Today, I want to walk you through a quick 15-minute timeframe analysis of Ethereum ( BINANCE:ETHUSDT ), so stick around. Right now, Ethereum is hovering near a Support zone($3,520-$3,348) and a Cumulative Long Liquidation Leverage($3,507-$3,460) . From an Elliott Wave standpoint, it seems like Ethereum is wrapping up a microwave Y of the main wave 4. Also, looking at the ETHBTC ( BINANCE:ETHBTC ) chart, Ethereum is in a favorable position there as well, which suggests that if Bitcoin ’s( BINANCE:BTCUSDT ) price increases, Ethereum might see an even stronger upward move. My expectation is that in the coming hours, Ethereum can resume its bullish trend , push up toward the Resistance lines , and then aim for the next Resistance zone($3,726-$3,649) . First Target: $3,631 Second Target: $3,665 Third Target: $3,707 Stop Loss(SL): $3,449 CME Gap: $3,513-$3,483 Cumulative Short Liquidation Leverage: $3,715-$3,671 Please respect each other's ideas and express them politely if you agree or disagree. Ethereum Analyze (ETHUSDT), 15-time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
4
GBPUSD Pullback or Trap? Watch These Levels Closely!It seems that GBPUSD ( FX:GBPUSD ) has broken below its Heavy Support zone($1.343-$1.313) and the 200_EMA(Daily) , and is currently pulling back up to retest that area. From an Elliott Wave perspective , it looks like GBPUSD is completing a microwave 4, and overall the corrective structure appears to be a Double Three Correction(WXY) . My expectation is that GBPUSD could decline at least back down to around its previous low , roughly around $1.300 AFTER breaking the support line . Take Profit(1): $1.3054 Take Profit(2): $1.3019 Take Profit(3): $1.2957 Stop Loss(SL): $1.3302(Worst) Note: Keep in mind that some important U.S. indices and data are going to be released this week, especially around November 13th and 14th. If GBPUSD hasn’t reached its targets by then, you might want to manage your positions accordingly and keep an eye out for updates. Please respect each other's ideas and express them politely if you agree or disagree. British Pound / U.S Dollar Analysis (GBPUSD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
1
GOLD → Gold within the trading range...FX:XAUUSD is consolidating amid a pullback in the dollar and in anticipation of stronger key data as a driver for movement. Focus on the current trading range On Friday, before the close of the session, the market formed a short squeeze, a strange volatility without news. It is important to monitor the Asian and European sessions and price behavior within the current trading range. Earlier, we saw the dollar rise along with gold, indicating the strength of the metal and interest from the bulls. Let's assume that this situation has not yet run its course. In that case, after Friday's short squeeze, I expect MM to test liquidity in the 3985-3964 zone before a possible attempt to grow. Support from the upward channel may also affect the price. I still consider 4030 to be an important resistance level. If the bulls manage to break this barrier and keep the price above this level, gold will be able to end its correction and move into a growth phase. Otherwise, the market will tend to break out of the current consolidation downwards... Resistance levels: 4020, 4030 - 4050 Support levels: 3985, 3963, 3931 Technically, while the price is within the trading range, it is worth considering trading relative to its boundaries. The fundamental background during the weekend is difficult to assess, so we will need to watch the situation during the European session... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
26
XRPUSDT → False breakout of resistance in a weak marketBINANCE:XRPUSDT faces strong resistance and forms a false breakout amid a weak market. Bearish pressure remains high... Bitcoin failed to break through the 106K resistance and returned to the short zone, with the cryptocurrency market, including XRP, reacting with a decline... Overall, the market is in a weak phase and is not yet ready to move into strong growth. Consolidation may continue... False breakout of resistance at 2.5530 amid a weak market. The market has no potential for continued growth, and a reversal pattern is forming, provoking a sell-off... Resistance levels: 2.496 - 2.553 Support levels: 2.376, 2.24 A retest of the local base at 2.5 is possible before the decline continues. As part of the current movement, the market may test 2.37, but if the bulls fail to hold this zone, the coin may drop to 2.24. Best regards, R. Linda!
Short
by RLinda
3
Bitcoin viewThe chart shared illustrates as per Elliott Wave analysis setup combined with supply and demand (selling/buying) zones. Here’s a breakdown of what’s shown: 🧩 Elliott Wave Count The labeling (A (a-b-c)–B (a-b-c)–C (1-2-3-4-5) (1–5) now we are in C(1-2-3-4-5) where we have completed C-3 Wave heading too C-4 Wave 🔹 Key Components: Wave (a)-(b)-(c): Indicates a corrective pattern (ABC Zigzag) where (c) is likely completing or nearing completion. Waves 1–5 (in yellow): Represent a downward impulse, possibly forming Wave (c). Currently, it seems price is in Wave 4, with Wave 5 expected to follow downward toward the “Buying Zone.” 💰 Trading Zones: Selling Zone: Marked around the Wave 4 retracement area — typically a good place for short entries if price rejects this region. Buying Zone: Below, where Wave 5 (and (c)) is expected to complete. A potential reversal area where buyers could step in. Always follow Price-Action ⚠️ Disclaimer This analysis is published here is for educational and informational purposes only. It does not constitute financial advice, investment recommendation, or a solicitation to buy or sell any financial instrument. All ideas and analyses shared here reflect the author’s personal opinions and are not endorsed by TradingView. Trading and investing carry significant risk of loss and may not be suitable for all investors. Always do your own research and consult a licensed financial advisor before making any trading decisions. The author and TradingView are not responsible for any losses arising from the use of this information.
by ViniReddy
Ethereum Is Approaching SupportEthereum has been slowing down since August, but the wave structure remains slow, choppy, and overlapping, which suggests a correction within an ongoing uptrend. The ideal support area appears to be around the 3000 level. One of the main reasons Ethereum may find support is the ETHUSD Longs/Shorts ratio chart, which came back to the lower end of its range. This indicates that many speculators are attempting to short the market while giving up on long positions. If we take past cycles into account, Ethereum may experience limited weakness. Therefore, keep an eye out for a potential rebound and a bullish continuation, while the ETHUSD Longs/Shorts ratio chart could move back toward the upper side of its range.
BITFINEX:ETHUSDLONGSLong
by ew-forecast
Crude Ready For New Strong Leg UpCrude oil is recovering for the last few weeks, after new sanctions against Russia, with price rebounding from 56 sharply and impulsively. This suggests an important new swing low is in place, and we should now be aware of more upside ahead, with a minimum three-wave recovery that could take us toward 66.60 or even higher, after that wave b/ii setback which is now coming to an end at 58-59 support area. Even HS bullish pattern is calling for more upside. GH
NYMEX:CL1!Long
by ew-forecast
3
AUDNZD Rally Losing Steam – Watch This Reversal Zone!As we’ve seen, AUDNZD ( OANDA:AUDNZD ) recently began an upward move after forming a Falling Wedge Pattern , and it’s been in an Ascending Channel for about the past 16 days. Currently, AUDNZD is moving into a Heavy Resistance zone(1.1662 NZD-1.1340 NZD) and a Potential Reversal Zone(PRZ) . From an Elliott Wave perspective, it seems like AUDNZD is completing the microwave 5 of the main wave 3 . Once it breaks below the lower line of the ascending channel, we can somewhat confirm the end of the main wave 3. Additionally, we can see a Negative Regular Divergence(RD-) forming between two consecutive peaks. I expect that in the coming hours, AUDNZD might decline at least to the Support zone(1.1480 NZD-1.1444 NZD) . If it breaks that Support zone, we could see it dropping toward around 1.1353 NZD(Second Target) . Stop Loss(SL): 1.16403 NZD Please respect each other's ideas and express them politely if you agree or disagree. Australian Dollar/New Zealand Dollar Analyze (AUDNZD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
1
$ETH: Correction has ended?BITSTAMP:ETHUSD : certainly possible that the very last leg of correct ended in three waves. ChatGPT kept telling me a C wave should have 5 waves -- let's see. If C has ended and therefore II has ended and therefore the correction has ended, then we are now in Wave 1 of a lower degree. This wave itself has 3 subwaves. Wave (4) of 3 backtested resistance and is still in progress. Looks like this Wave 1 can end at the downsloping trendline and Wave 2 correction will ensue.
COINBASE:ETHUSDLong
by HeadsUp2021
USDJPY Diagonal— Watch 155-156 for a ReversalUSDJPY has been in recovery mode for some time, forming higher swing lows and retesting the highs following a rebound in US yields, as Powell didn’t fully convince markets about a December rate cut. The BOJ has also kept rates unchanged, so until they turn more hawkish, the pair could stay supported — unless a broader dollar selloff begins due to risk-on, which would help drive USDJPY lower across the board whiel US yields could stay sideways till next FED meeting. Looking at the wave structure from early October, price action over the last few weeks has become increasingly overlapping, which often signals an ending diagonal ; a powerful reversal pattern where bullish momentum starts to fade. This suggests that we may be approaching a very important bearish turn in the coming weeks. I’m watching the 155–156 region as key resistance; if the market fails to break and hold above the upper boundary of the diagonal and instead breaks below the lower trendline later on, that would confirm a potential bearish reversal. I’m also keeping an eye on the large gap from early October; gaps of that size rarely stay open for long in the spot market, so a move back to fill it remains a realistic scenario, but dont know when... Grega
Short
by ew-forecast
PalantirPrice looks to have finally finished its initial a wave lower. We have yet to get confirming data, however, it maintained pos div (barely) and has moved up with a little bit of strength. Looking at the overnights, price has started out up over 3%. This is all good news for b to have finally begun. If it has indeed kicked off, then we should be headed to the target box above. This is between the 0.618-0.786 per the standard move higher. As you should know by now, the standard move will be a 3-wave pattern/structure. Of course, it is a b wave, and they can become very complex. For all we know this thing could form into a triangle. We just have to be patient and watch what unfolds. The turquoise count suggesting that cycle I isn't yet complete remains on the chart and will stay there until we can get some confirming data that it is in fact over. I do think that it is over, but I could also be wrong. There also remains the possibility that this initial a wave is yet to complete. These are just things to keep in the back of your mind in case this thing goes against what we think will happen. That way if it does go against expectations, we don't have to quickly figure out what is going on.
NASDAQ:PLTR
by TSuth
USDCAD Alert! — Smart Money + Elliott Wave + Price Action + Fib🚨 USDCAD Wave C Correction Alert! According to Wave Theory Confluence , we’re likely approaching the end of Wave B (Y) around the 1.4150–1.4300 zone — aligning with the 0.5–0.618 Fibonacci retracement levels. 📉 Price is showing exhaustion near this area with signs of liquidity grab (BSL hit) and smart money distribution , suggesting potential bearish reversal setups ahead. 🔍 Expecting Wave C to unfold next, targeting deeper downside correction before the next impulsive leg resumes. 📊 Key Confluences: Elliott Wave B completion zone Smart Money liquidity sweep Bearish structure shift forming Fibonacci rejection area Fundamentals still favor short-term CAD strength 💡 Trade Idea: Watch for confirmation of bearish momentum and structure break before entering shorts toward 1.33–1.32 region. Stay sharp — Wave C could be fast and decisive! ⚡ What’s your take, traders? 🤔 Do you think Wave C is about to drop hard or will bulls surprise us again? 🐻📉🐂 Drop your analysis 👇 — let’s see who nails the next big move! 🚀 #USDCAD #ForexAnalysis #ElliottWave #SmartMoneyConcepts #PriceAction #WaveTheory #ForexTrading #SwingTrade #Fibonacci #FXForecast #TechnicalAnalysis #TradeSetup #MarketStructure #USD #CAD #ForexCommunity
Short
by fibcos
TSLA – Expanding Diagonal in Progress Tesla (TSLA) appears to be forming an Expanding Ending Diagonal pattern on the 1-hour chart, suggesting the final stages of a larger impulsive structure. Wave (V) seems to be unfolding with internal subdivisions visible, possibly targeting the 1.618 Fibonacci extension near 505 before a sharp reversal. Key observations: Structure resembles a textbook expanding diagonal (5-3-5-3-5). Wave 4 found support near the lower trendline. Wave 5 projection aims toward the 500–505 area. Expecting a potential pullback or reversal once the diagonal completes.
NASDAQ:TSLALong
by msezng
Bitcoin Bulls Defending $97K – Reversal Loading!Before diving into the Bitcoin analysis , it’s worth noting that Bitcoin has had a strong correlation with the SPX500 index ( SP:SPX ) in recent weeks. So, alongside analyzing Bitcoin, it’s a good idea to keep an eye on the SPX500 chart these days. Currently, Bitcoin( BINANCE:BTCUSDT ) is moving in a Support zone($10200,980-$96,880) near a Potential Reversal Zone(PRZ) and a Cumulative Long Liquidation Leverage($99,145-$97,208) . From an Elliott Wave perspective, it looks like Bitcoin is forming an Expanding Ending Diagonal to complete the microwave 5 of the main wave 5 . Also, we can see a Regular Divergence(RD+) , which is a good sign of a potential reversal. Given my expectation that the SPX500 Index will start to rise again, I also expect that Bitcoin will follow suit and could climb at least to around $104,200 . Cumulative Short Liquidation Leverage: $105,074-$104,551 Stop Loss: $96,178 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Long
by pejman_zwin
37
BTC Bullish Zigzag Pattern (Elliott Wave)As an isolated, short-term pattern, BTC has formed into a near-perfect zigzag pattern. Wave-A is a violent monowave. Wave-B retraces exactly 61.8% of A and is structurally a flat pattern and a polywave. Wave-C relates to (A+B)/2 in time, 80% of wave-A in price, and is an impulsive wave. Beyond the Neowave considerations, there's also a clear bullish momentum divergence, multi-peak AO, daily/4hr 1st wiseman, and 4hr 2nd wiseman (fractal). Given all these considerations, and without considering the longer-term pattern, we are set for a decent bounce here which could potentially go to new all time highs. After speaking privately with Glenn Neely, he also thinks BTC is nearing the final blow-off phase which could take us as high as $250k, and ending sometime early next year. While I personally feel less confident about any long-term count now given multiple possibilities, at the very least, I think it's a good idea to be on the long-side here unless we clearly break through the $98-93k range. Especially because of this short-term pattern in isolation meeting all the normal signals I look for in a bottom pattern. As things continue to develop it may be easier to see a single longer-term count emerging, especially as we near the conclusion of the long-term pattern. For now, it doesn't make a big difference what exactly the count for the long-term wave up is, just that there's a very high probability it is not yet finished and we are hitting a short-term bottom now.
CRYPTO:BTCUSDLong
by Intuit