NQ - Upside remains, but time is tickingSEED_ALEXDRAYM_SHORTINTEREST2:NQ #NQ Further upside remains likely, as price is approaches the completion of both the W harmonic and #Elliottwave structures, with a fifth wave still in progress. However, the timing for this move appears limited, as price is nearing major resistance marked by the blue Earth/Mars synodic and pink Venus/Mars synodic planetary lines—these astro lines suggest a high-probability reversal or exhaustion zone is near.
CME_MINI:NQ1!
Wave Analysis
TAC/USDT – Base Support & Bullish Structure FormingIn August 2025, TAC/USDT established a solid base support at the 0.0083–0.0085 zone. Moving into September, this level has been repeatedly defended by buyers, confirming it as a key support zone.
Price action has since started to form a bullish structure, printing higher lows (HL) that signal growing momentum and accumulation. If this structure continues to hold, TAC could be gearing up for its next bullish leg.
WEEKLY UPDATE ON BTC, ETH, BTC.D - 9/7/2025This weekend's technical analysis is an update from previous week's analysis posted. I am expecting BTC to continue it's price action to the daily 200 EMA after the relief bounce off from the weekly 21 EMA as noted last week. Our BTC analysis will be invalidated if the on the daily chart we get a candle open and close above $114k on good volume and momentum as the weekly and monthly chart is still in a strong uptrend.
ETH pullback is also intact as discussed from last week and approaching the breakout price level of $4000 which coincides with the weekly 9EMA support zone. I will be expecting ETH bulls to battle this level in a consolidation price action before a break down to the weekly 21 EMA target of 3,500.
Bitcoin Dominance did follow through our analysis last week with the inverted hammer play and has now also given some confirmation of a temporal reversal based on indicators. I will be expecting a bounce on Bitcoin Dominance to the resistance level of 59.2% and if there enough momentum to break through the resistance then next target will be 60.64%.
That's a summary of what I will be looking for on these charts as the week unfolds. Thanks for spending time to listen to my analysis and opinion and I wish you the best of trading this week. Cheers !!!
66% possibility of NIFTY 24,160 this week.Green MA is VWAP from 7 April 2025 Swing Low. From that date perspective, market is still bulish.
Yellow MA is VWAP from Swing High of 27 September 2024. Market should bounce back from that. It it does not and crashes through - then we will officially be in the bearish phase.
Sell NIFT on Tuesday if Monday closes below 24,566. SL 24,600. 1/3 profit taking at 24,400, next 1/3 at 24,300 and remaining.
Purely a study. Not an advice.
All the best.
NIFTY50.....Ready to rumble? Not yet....Hello Traders,
I couldn't let you go without an update for NIFTY50! Here it is!
The NIFTY50 reached a high during Thursday session at 24970 and before strongly reversed strong to the downside.
This was inline with my expectation, but it moves higher, as I anticipated. The move from the possible wave (ii), green, low look like a "three-up" and so I argue this was a corrective move up.
If so to come the next move should be down!
Chart analysis:
The low @24365 is the key level. If this level is undercut, the door would be open to lower levels, as I wrote in my latest analysis. One target range could be the "sky-blue" rectangle. As before. I am not clear with the structure of the move and I have labelled the count, but there is a lot of doubt about it!
Another idea is, that the low @24365 was the key low and the move that started that day, is part of waves (i), green and a deep diving wave (ii)) into the retracements, with a wave (iii) to follow! The move from the possible wave (ii), green, low @ 24407 looks like a "three-up", so it would be a corrective one. On the other hand, it is possible, that a "double"-waves 1 and 2 would be underway.
In this case, the index will be ready to "rumble", i.e. explode in the coming sessions!
As before. Seasonally, the time has not yet to come for a so called "Christmas-rally", it is simply too early!
So I guess, lower lows in the coming weeks would be too expected.
A "rate-cut" by the FED (Federal Reserve System) of course would stimulate the markets around the world. But keep in mind, that political stock markets have short legs, means it can be, that the market is on the way to price a rate cut, and then droop to the downside! But this, my friends, is only my personal point of view!
So, friends, you are prepared for the coming sessions.
Have a great week.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
EURUSD is in a Month Uptrend and should last a few more MonthsEURUSD is in a Monthly Uptrend and should last until the year end may test 12330/12550 before a Reversal, Currently it is in a Congestion on the Monthly and Weekly expect a breakout Higher while above 11580/11405. Currently, it is getting Ready for the Breakout higher above 11830 and the Break should happen on the 10th/11th Sep when the USD PPI Data is out , which is expected to disappoint the Market. Once 11830 breaks , we can see 12130/12330/12550 before the Correction Down.
Good Luck
LTC 4H, 1-2 nestedLTC/USD pair seems to getting out of a running flat correction (the last ABC in light green), building a 1-2, 1-2 (nested 1-2). This structure shall give us some ripping candles to the upside very soon. The confirmation of the inner 1-2 is at the 1.6 = 227USD, if we don't build another 5 waves, 3 corrective to keep nesting.
Overall, if we pump, its a very bullish base to pump, if we make a 5 wave corrective and retrace, its just more bullish.
Historical tops where in November, just one time in May. Keep the eyes white open.
#PYTH/USDT scalp short to 0.1523 #PYTH
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the decline.
There is a major resistance area (in green) at 0.1833, which represents strong resistance.
For inquiries, please leave a comment.
We are in a consolidation trend below the 100 moving average.
Entry price: 0.1707
First target: 0.1646
Second target: 0.1588
Third target: 0.1523
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
XAUUSD IS IN THE FINAL PHASE BEFORE THE CORRECTION DOWNXAUUSD is in a Multiyear high expect the momentum until the end of the year in the Long term but it is Due for a Correction on the Weekly before the Final Target 4200 or even 4380 before this Uptrend is over. Currently we expect the market to start it's Correction Down before 3650/3735/3780 levels and the Correction Down should happen some where near Sep18 after the FOMC Interest Rate Decision is out. The Correction Down should happen towards 3500/3450 after which we will see the Final push towards 4200.
XAUUSD – Week 08/09 to 12/09, CPI & PPI in FocusXAUUSD – Week 08/09 to 12/09, CPI & PPI in Focus
Good day Traders,
Gold posted a notable advance last week, recording new highs on a near-daily basis. While this type of price action is not unprecedented, it has introduced an element of caution to the market. Investor sentiment remains firmly skewed towards the long side, reaffirming gold’s position as a key safe-haven asset.
Fundamental Outlook
Attention this week will centre on the release of US CPI and PPI data. These figures will be critical in assessing the financial health of the US economy and could directly shape the Federal Reserve’s decision on a potential rate cut in September.
Technical Outlook
Price has already surpassed the Fibonacci 1.618 extension, with the next upside projection aligning near the 2.618 level at 3687.
Prior to reaching this objective, a modest retracement into nearby FVG (Fair Value Gap) zones is possible.
On a longer-term horizon, the 3467 – 3475 region is highlighted as a constructive area for accumulation, supported by the confluence of FVG, Dibo and Volume Profile.
Trading Scenarios
Upside Bias: Long positions remain the preferred approach. The 3467–3475 area offers a technically favourable entry zone for those with a longer-term outlook.
Downside Case: Short exposure should only be considered upon evidence of a reversal structure, with confirmation via a break below 3510, or rejection from the 2.618 Fibonacci extension.
Final Thoughts
For the week ahead, gold continues to be best approached from the long side. Nevertheless, traders should closely monitor price reactions at the identified technical levels and adjust accordingly. With key macroeconomic releases imminent, maintaining disciplined risk management remains essential.
Elliott Wave Analysis XAUUSD – September 7, 2025
Momentum
• D1: Momentum is still declining → a corrective move may occur before turning bullish again.
• H4: Currently in the overbought zone → a main downward move is expected tomorrow.
• H1: About to enter the oversold zone → a short-term upward bounce may appear tomorrow morning.
Wave Structure
• D1 timeframe:
o Price is forming a 5-wave structure (i, ii, iii, iv, v) in black.
o Currently, wave iii (black) is in its final stage.
o Waves i, ii, iii were formed after a momentum cycle → the next corrective cycle will likely indicate where wave iv (black) will end.
• H4 timeframe:
o Price may be completing wave v (purple).
o Once wave v (purple) finishes → the market is expected to enter corrective wave iv (black).
• H1 timeframe:
o As in the previous plan, the ABC correction in blue looks like a 3-wave structure, but there is also the possibility of a Flat pattern forming.
o In a Flat scenario, price may break above the previous high and then reverse downward.
o Currently, price showed overlapping moves followed by a strong breakout → suggesting two possible scenarios:
Scenario 1:
o Wave v (purple) is unfolding, with price heading toward the wave v target.
o Two target zones: 3614 and 3678.
o In this case → avoid counter-trend trades, wait for corrective wave iv (black) to complete and then enter Buy positions in line with wave iii (black).
Scenario 2:
o A Flat structure is forming.
o Wait for wave C to complete wave iv (purple).
o H4 momentum supports this scenario (decline to oversold then reversal).
o Wave C targets: 3553 and 3530 → ideal Buy entry zone.
Trading Plan
1. Buy Zone 1: 3353 – 3350
o SL: 3340
o TP1: 3596
2. Buy Zone 2: 3532 – 3530
o SL: 3522
o TP1: 3552
GBPUSD 1HThe price on the 1-hour time frame has reached a very strong supply zone after absorbing liquidity above the previous highs in two equal steps. Therefore, after absorbing liquidity FVG and returning to supply zones on the 1-hour time frame, with the appearance of a bearish engulfing setup, we can expect a significant drop.
#ETH/USDT towards upper levels#ETH
The price is moving within a descending channel on the 30-minute frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward move.
There is a major support area in green at 4255, which represents a strong support point.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 4295
First target: 4326
Second target: 4367
Third target: 4417.83
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#SUPER/USDT The End of Pullback ?#SUPER
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.5800, which represents a strong support point.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 moving average.
Entry price: 0.5930
First target: 0.6035
Second target: 0.6123
Third target: 0.6257
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
DXY Will Go Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 97.736.
The above observations make me that the market will inevitably achieve 99.022 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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