GOLD: If Fed On Pause Then Gold Is On Pause TooAs you may have noticed, gold has seen a sharp reversal in recent weeks, and many traders and investors are now wondering whether this correction will be quick and shallow or last longer.
From an Elliott Wave perspective gold seems like it may try to complete an extended wave three, and put wave four pause in play. But what can trigger a retracement?
Well we need to consider US monetary policy. Powell didn’t convince markets last week about further cuts in December, so if rates stay on hold f
Ellliottwave
LINKUSDT – Possible Reversal After 5 Waves UpLINK has just completed a clear 5-wave impulsive move to the upside. With Wave V looking complete, there’s now a high probability of a corrective phase.
I’m watching for a potential drop towards the 17.5 USDT zone, which would be a significant percentage move from current levels.
📊 Potential Trade Levels:
Entry zone: 24.5 – 23.2 USDT
Stop Loss: 27.030 USDT
Target: 17.171 USDT
This scenario could unfold as an ABC correction.
⚠️ Disclaimer: This is just a personal trading idea based on Ellio
Bitcoin - Time to buy again!As I mentioned last year, Bitcoin could return to its peak, and it has. Now, as you can see, Bitcoin is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, Bitcoin's price could reach $125,000 in the new year, which is not far-fetched, just like the AB=CD pattern.
previous Analysis
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DXY doing Cycle Wave 2, now inside the Wave C about to break SupHello everyone,
In this scenario the DXY has finished the Wave Cycle Wave 1, with 5 Waves (Ending in September 2022), and now it is doing the Wave 2.
Inside the Wave 2, we encounter ourselves inside the Wave C already.
The Wave C is about to break the 100 support area, and targeting at least 92 target.
The 92 target is the minimum move that it needs to perform, since it will be the same lenght as the Wave A.
Knowing this, we expect to see other Assets rise as the Dólar falls in the upcoming mon
#CHFJPY elliot wave analysisAs can be seen, it looks like we are dealing with an ABC bullish corrective wave pattern, currently in wave 4 of wave C. There is a possibility of another short-term bullish move to complete wave C.
From there, we could look for selling opportunities in the direction of the higher timeframe trend.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
KALPA-TARU can give 25% returns in short term!!The stock is currently in wave iii of III which is projected moving towards INR 895-910 zone.
'Wave I' unfolded in the stock from June-Oct 2023 and then the price witnessed a 50% retracement of the wave I in 'wave II' through the months of OCT-NOV.
The stock is now going for the completion of the 'Wave III' target of INR 895 but the 'Wave III'
is sub-diving into minor waves.
We could see a 'wave i' of Wave III in late Nov and a subsequent 70% retracement of the same through Dec.
Leaving aside
Buy This Bargain Before It's GoneIn early October 2023, we updated our previous forecast for the SPDR S&P 500 ETF Trust for the current year. Its price, after a short-term breakthrough of the triangle pattern (marked as (A)-(B)-(C)-(D)-(E)), returned above its lower border, and a new upward trend began despite the intensification of geopolitical tensions in the world, mainly due to the Hamas war against Israel.
On the other hand, in mid-November, US inflation data was released, which demonstrated the effectiveness of the Fed's
TRADE SETUP_LICHOUSINGFINI had posted a daily chart of LIC HSG yesterday showing how it should begin a wave 5 move towards 500 soon. Please refer to that chart to get a better understanding of this one.
This chart only shows the correction of wave i of 5 coming to an end.
A dip below 450 was strongly recovered intraday today.
the reversal price of 444 can be used as SL to make an entry .
CMP - 450
SL 444
Target 480
Banknify turn negative after breaching 41500As earlier we were assuming bank to be in 4th wave of correction it is invalidated on Friday trading session. The counts are changed now. The labelling has been done so as to understood by a layman. We have breached 38% level and have sustained below it which seems to be opening a risk towards 36500. Please read the chart carefully. Watch complete explanation on YouTube, will try to upload the video by Sunday or today.
This is for educational purpose only.
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Btc/usdt short time fram hello every one i hope u all have a nice day
for BTC/USDT in 4H time frame
i see bullish head and shoulder and the target for it around 17710$/ 17522$
and i see also harmonic pattern (butterfly ) and the target for it around 18000$/ 18200$
and in Elliot wave we are in c wave we already hit the min target for c wave and the next target around 17710$/ 17522$
and u can what i believe the next move will happen in the chart
i hope its clear
best wishes
Elliott Wave Analysis: EUR/USD In Fifth WaveEUR/USD currency pair saw some recovery two weeks back after FOMC meeting when Powell was not as hawkish as many expected. But pair, however, came down anyhow after US Core CPI* figures came out last week above the expectations; 6.2% vs 6.0% so there is speculation for a potential 75bp hike. From an Elliott wave perspective pair came down into the fifth wave of an Elliott wave pattern, but the price is already at some support here, ideally in the final stages of a bearish Elliott wave impulse. W
Bitcoin has produced the first micro rally and hit resistanceBitcoin has approached the target for that first a-b-c move up of the early January low.
That Red Target box is drawn at confluence of:
- two Anchored Weighted Moving Averages
- downward sloped red trend line,
- 100%, and 138.2% ext of wave -a- up.
After completion of that rally we can see another pullback in wave -ii- down to re-test the breakout resistance level 42,800 from above























