Get started

Wave Analysis

GBP/USD – Short-Term Recovery Setup Inside the Downtrend ChannelGBP/USD – Short-Term Recovery Setup Inside the Downtrend Channel (October 31, 2025) The British Pound continues to trade within a well-defined descending channel, with lower highs and lower lows forming consistently over the past week. Despite strong selling pressure, GBP/USD is showing early signs of a potential short-term rebound from the lower boundary of the trend channel. Technical Outlook (H1 timeframe): Major Trend: Bearish Immediate Support: 1.3120 – 1.3100 Immediate Resistance: 1.3200 – 1.3250 Upper Channel Resistance: Around 1.3300 After a sharp drop from 1.3290, price has reached the bottom of the channel near 1.3120, where minor bullish reactions can already be observed. A technical correction toward 1.3200–1.3250 is possible before sellers step in again. If GBP/USD breaks and closes above 1.3250, it could trigger a short-term reversal, targeting the upper trendline near 1.3300. However, failure to hold above 1.3120 would resume the bearish continuation toward 1.3050. Trading Strategy: Buy Setup (Countertrend): Entry: Near 1.3120 – 1.3130 (bottom channel support) Target: 1.3200 – 1.3250 Stop loss: Below 1.3090 Sell Setup (Trend Continuation): Wait for rejection near 1.3250 – 1.3300 Target: 1.3120 – 1.3050 Stop loss: Above 1.3330 The RSI and EMA clusters are suggesting a potential short-term rebound, but the broader picture remains bearish unless price reclaims 1.3300 decisively. Keep an eye on the 1.3120 level — this is the battleground between short-term buyers and long-term sellers. Follow for more intraday trading setups and professional market insights.
by Henrybillion
GBPJPY – Targeting the Green WCL After BC RetracementPrice completed a clean green impulse and started a corrective red sequence. The plan: wait for a retracement into the red BC zone, which overlaps a bearish order block. If price reacts from that region, I’ll ride the next leg down toward the red C target and the green wave’s Whole Correction Level (WCL). However, note the developing bullish flag pattern — if price breaks above red B, that flag activates and the bearish setup becomes invalid. A breakout there could extend the larger bullish trend. Strengths: – BC retracement aligns with a strong order block. – WCL and C-target overlap, creating a high-probability draw on liquidity. – Clear invalidation above red B protects the setup. Weaknesses: – GBPJPY volatility could trigger premature sweeps. – A confirmed flag breakout would fully invalidate this setup. Narrative: Trading the correction inside a possible flag — shorting structure, not emotion. If the flag fires, I’ll flip bias with it.
Short
by SmellyTaz
NZDCHF SELL? 1. Overview The market has been trading within a prolonged bearish structure, maintaining consistent lower highs and lower lows. Recent price action indicates a temporary corrective phase, suggesting a possible short-term retracement within the broader downtrend. 2. Technical Analysis Daily Timeframe: Price has retraced toward the 0.618 Fibonacci level, which is acting as a significant resistance area. This aligns with the potential completion of a short-term corrective wave, signaling a possible resumption of bearish momentum if the level holds. 4-Hour Timeframe: The 4-hour chart shows signs of a potential reversal pattern forming near the current resistance zone. This pattern may indicate exhaustion of the retracement and an early sign of sellers regaining control. 3. Outlook Should the current resistance area remain intact, renewed selling pressure is expected, potentially leading to a continuation of the broader downtrend. However, a confirmed breakout above the 0.618 Fibonacci resistance could invalidate the bearish setup and signal a deeper corrective phase. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
Short
by WiLLProsperForex
Honeywell: Upward?The previously defined Target Zone was clearly breached to the upside, so we have now deactivated and grayed out that zone. The stock is currently in a downward move, which we interpret as a corrective pullback within green wave . We expect this move to conclude above the resistance level at $250.20. However, if price continues to fall and drops below support at $168.99, our alternative scenario will be triggered. In that case, green wave alt. would already be complete, and price would be in green wave alt. (probability: 33%).
NASDAQ:HONLong
by MarketIntel
XAUUSD Trend - correction scenarioMarket Correction Assessment The anticipated correction from the recent peak has begun to materialize. Price action has reached the primary target level identified on May 19th. While the overall trend direction remains bullish and I expect the upward momentum to continue, I assess that the current correction depth is insufficient. A deeper retracement is likely required before resuming the primary uptrend. Potential Scenario: A more substantial correction, similar in magnitude to the pattern illustrated above, has a high probability of occurring before the next leg up. Key Technical Observations: - ✓ May 19th target achieved - Current correction: Shallow/Incomplete - Trend bias: Bullish (continuation expected) - Next move: Deeper pullback likely before resumption
FOREXCOM:XAUUSD
by ekgencsoy
Gold 2H – Technical Update🟡 Gold 2H – Technical Update After testing the support zone around $3,930 – $3,950, gold has shown early signs of recovery, forming a short-term reversal pattern above a key demand area. The recent structure suggests that the market may have completed its corrective phase, and a potential impulsive leg upward could now be developing. 🔹 Technical Outlook Price has successfully defended the demand zone between $3,930–$3,950, which acted as the base of the previous rally. A break of the descending trendline confirms an initial bullish shift in short-term momentum. If momentum holds, the next move could target new local highs in the coming sessions. 🎯 Targets First target zone: Around $4,050 – $4,100 (initial breakout confirmation). Second target zone: Around $4,210 – $4,320 (continuation wave area). Extended target zone: Toward $4,580 – $4,640 if bullish momentum accelerates. 🛡️ Risk Zone Invalidation level: Below $3,930, where the demand zone would be considered broken and the bullish scenario invalidated. 📈 Summary Gold remains technically supported above $3,930. The current structure favors a bullish rebound scenario, with a potential continuation toward $4,640 if the breakout sustains. Traders should monitor price action around $4,050 for confirmation of bullish strength before any continuation setup.
TVC:GOLDLong
by Wreks
Take-Two: Momentum Fades, but Recovery ExpectedTake-Two’s upward momentum has faded recently, leading to a noticeable pullback. However, we expect the stock to rebound soon and resume the corrective advance of beige wave b, moving closer to resistance at $292.66. At that point, the stock is likely to reverse course and begin a green downward impulse, which should ultimately finalize the correction of blue wave (II). We have identified a blue Target Zone between $107.47 and $46 for this significant bottom.
NASDAQ:TTWO
by MarketIntel
$PLATINUM (WEEKLY): WAVE 3, the MONEY WAVE, exhaustion signsMy first TVC:PLATINUM position has been triggered during the current correction in metals — I’m now LONG (x10) from $1,575, as mentioned in my previous update (quoted post). The 3-month chart I used in that post clearly showed a money wave, and the weekly chart looks just as strong — also in what appears to be its own Wave 3. Global supply and demand dynamics are perfectly reflected in this chart (see the attached graphic for a summary). Shortages remain a major theme. After a huge parabolic rise this year, my take-profit targets are based on trend-based Fibonacci extensions, assuming the rally continues toward the falling wedge target at $3,402: Fib 1.618 → $2,063 Fib 2.618 → $2,829 Fib 3.168 → $3,596 Three levels to make me happy. Currently, I’m seeing some signs of wave exhaustion, mainly a bearish RSI divergence, so I’m preparing for a possible Wave 4 correction. In any case, we must not close below the top of Wave 1 ($1,332) — that’s my exit level. Potential dip-buying between $1,300 and $1,400 makes a lot of sense, as long as no weekly candle closes below $1,330. This is my strategy — quite a big position, actually — but I’ll be willing to make it even larger if a clean, technical dip sets up. 💙👽 #platinum
TVC:PLATINUM
by ColdBloodedCharter
Latest Gold Price Trends and Trading Strategies: I. Core View After a consecutive decline, spot gold found support at the 3900 USD level and staged a mild technical rebound. However, due to Fed Chair Powell's hawkish remarks dampening market expectations for aggressive rate cuts, the U.S. dollar strengthened, and Treasury yields climbed, leaving gold bulls with weak momentum and unable to effectively reclaim the psychological 4000 USD mark. In the short term, the bearish trend remains dominant, but structural factors such as central bank gold purchases provide long-term bottom support for gold prices. II. Market Drivers Analysis Key Pressures (Bearish): Fed's Hawkish Stance: Powell explicitly stated that "a December rate cut is far from a done deal," causing a sharp drop in market expectations for rate cuts (probability fell from 70% to 45%). Rising Treasury Yields and a Stronger Dollar: Higher rate expectations pushed up Treasury yields and the U.S. dollar, increasing the opportunity cost of holding non-yielding gold. Technical Resistance: Strong resistance formed around 4030 USD, where bulls faced selling pressure. Key Supports (Bullish): Sustained Central Bank Purchases: Strategic allocations to gold by central banks (price-insensitive buying) provide solid bottom support for the market, particularly around 3900 USD. Long-Term Fund Inflows: Record quarterly inflows into gold ETFs indicate that institutional and high-net-worth investors are reallocating to gold as a hedge against macroeconomic uncertainties. Key Technical Support: The 3900-3885 USD zone is currently a critical support area. III. Technical Analysis Trend: The short-term bearish trend remains unchanged, with the overall pattern leaning weak and range-bound. Key Resistance: The 3985-4000 USD area, followed by the strong resistance band at 4015-4020 USD. Key Support: The 3900-3885 USD zone. A break below this could open further downside. Trading Approach: Given the bearish trend and strong resistance above, short-term trading should focus on selling on rallies, with light long positions considered near key support levels to capture rebounds. IV. Specific Trading Strategy Reference Short Strategy (Primary Approach): Entry Zone: When gold rallies to the 4015 - 4020 USD area, consider entering short positions in batches. Stop Loss: Set above 4030 USD (approximately 8-10 USD). Target Levels: Primary target at 3980 - 3950 USD. If broken, further downside to 3915 USD is possible. Long Strategy (Secondary Approach, for Rebound Plays): Entry Zone: When gold retraces to the 3910 - 3920 USD area, consider entering long positions in batches. Stop Loss: Set below 3900 USD (approximately 8-10 USD). Target Levels: Primary target at 3970 - 4000 USD. A strong breakout could extend gains to 4015 USD. V. Risk Warning and Trading Discipline Stay Updated: The market is dominated by Fed policy expectations, and sentiment can shift rapidly. Closely monitor U.S. economic data and speeches from Fed officials. Strict Risk Control: Always set stop losses and manage position sizes carefully. Avoid heavy positions, especially in the current volatile market. Do not hold losing positions hoping for a reversal. Flexibility: If gold breaks above 4030 USD or below 3885 USD, reassess the current trend and adjust trading strategies accordingly.
FOREXCOM:XAUUSDShort
by Aureus_Analytics
BTC SELL?Market has been bullish for a long time, and there seems to be a possible reversal on Weekly. Based on Daily TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
BINANCE:BTCUSDShort
by WiLLProsperForex
META’s Hidden Fibonacci Path to 4000+ — Don’t Miss Wave 3🚀 META Long-Term Elliott Wave + Smart Money Macro Outlook 🌊 Elliott Wave Structure (662→955→4000+) META appears to be progressing through a major impulsive 5-wave supercycle on the weekly timeframe: Wave 1: The initial breakout from accumulation (2015–2021), fueled by growth in advertising dominance and metaverse expansion narratives. Wave 2: Deep corrective W–X–Y structure into the 2022 low around $90 — a classic multi-year liquidity sweep and re-accumulation phase. Wave 3 (in progress): This is typically the strongest and most extended wave , with Fibonacci projections aligning near the 2.618 extension ≈ $4,160 , targeting 2028–2029 based on current momentum. Wave 4: Expected to form a macro re-distribution or range between ~$900–$1,000 before the final parabolic Wave 5, likely extending toward $10K+ . 💡 Wave Confluence: 1.618 Fib extension of Wave 1 → Wave 3 aligns around $955 , acting as the first major resistance (and your current high zone). 2.618 Fib extension → next macro target $4,160 , confirming bullish impulsive momentum. 🧠 Smart Money Concepts (SMC) The 2022–2023 bottom represents a “Displacement + Re-accumulation” phase , with institutions absorbing liquidity beneath previous demand zones. Current price action (mid-2025) shows a premium range reaction , where smart money is likely taking partial profits before the next accumulation leg. Expect a retracement into the 0.382–0.5 Fib zone ($420–$500) to rebalance inefficiencies before continuation toward macro Wave 3 targets. Key Reaccumulation Zone: $420–$500 — watch for BOS (Break of Structure) confirmation and liquidity sweeps below equal lows. 🔍 Fibonacci Alignment 0.382 retrace marks ideal Wave 4 re-entry. 1.618 & 2.618 extensions align perfectly with the Wave 3 and 5 confluences — textbook impulsive expansion. Each extension zone has been confirmed with prior liquidity sweeps and displacement candles, increasing Fibonacci reliability 📈. 📊 Market Structure & Price Action META maintains a strong bullish market structure of Higher Highs (HH) and Higher Lows (HL) since 2023. The recent 9% correction (-$69) is likely a short-term liquidity grab — not structural weakness. As long as price holds above $420 , macro bullish market structure remains intact. Volume profile shows heavy accumulation between $300–$450 , suggesting smart money is still positioned long-term bullish. 💰 Fundamental Confluence META’s fundamentals are catching up with technicals: Massive AI CapEx and ad recovery boosting EPS growth 📊 Metaverse burn rate shrinking , improving profitability Share buybacks providing a floor for price corrections Macro environment supports tech leadership rotation , and META remains a key beneficiary of the AI + social data synergy cycle 🔄 🔮 Market Cycle View We’re entering the “Expansion Phase” of the broader innovation cycle. 2018–2022 = Accumulation/Disbelief 2023–2025 = Early Markup / Smart Money Entry 2025–2029 = Public Participation Phase (Wave 3) 💥 Post-2029 = Euphoria / Distribution (Wave 5) 😱 ⚙️ Key Levels to Watch Support Zones: $420 – $500 (Wave 4 re-entry) Resistance Levels: $955 → $4,160 (Wave 3 targets) Invalidation: Sustained break below $300 on weekly close 📈 Summary META remains one of the strongest macro bullish charts in big tech — with perfect alignment across Elliott Wave, SMC, Fibonacci , and fundamental cycle theory . We’re currently witnessing the mid-phase of Wave 3 , with institutional repositioning before the next vertical leg. Patience and precision around the reaccumulation zone ($420–$500) could provide the golden setup before the next expansion wave 🚀🌕 #META #ElliottWave #SmartMoneyConcepts #Fibonacci #Wave3 #BullMarket #AIStocks #TechnicalAnalysis #TradingView
NASDAQ:METALong
by fibcos
1