Price Under Pressure and Fails to Break $4,245Gold (XAU/USD) is under pressure as it has repeatedly failed to break through the $4,245-$4,250 barrier. This failure, followed by a decline, supports the bearish view.
✅ Bearish Scenario
- ⚡Initial Critical Point: Diverse technical oscillators indicate that further declines are likely to find decent support near the weekly low, which is the $4,164-$4,163 area.
- ⚡Downside Target: Continued selling below this level could drag Gold towards the $4,100 round figure.
- ⚡Strong Support Base: The next decline will test the confluence support at $4,085.
Note: $4,085 is composed of the 200-period EMA on the 4-hour chart and an ascending trendline. This level should act as a strong short-term base.
✅ Bullish Scenario
- ⚡Strong Hurdle: The $4,245 – $4,250 zone will continue to act as an immediate strong barrier.
- ⚡Next Target: Above $4,250, the price could head towards the $4,277 – $4,278 region.
- ⚡Strong Upside Trigger: Sustained strength beyond the $4,300 round figure will be seen as a key trigger for bulls and pave the way for additional short-term gains.
Wavetheory
Hellena | EUR/USD (4H): LONG to resistance area of 1.17561.Colleagues, I assume that wave “C” ended at 1.14668 and at the moment we see an upward movement in the mid-order impulse “12345”.
I think that the wave “1” of lower order will either extend to the area of 1.17561, or we will see a correction to the area of 50% Fibonacci level 1.15967, and then the movement in the wave “3” to the area of 1.17561.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BTC Is Heating Up — The Next Big Move Is Closer Than You Think!1. Market Analysis (Updated)
Bitcoin has just touched $89,000, aligning perfectly with the recovery structure we expected earlier. After the deep drop toward the $80,000–$85,000 zone, buyers stepped in aggressively, creating a clean rebound and pushing price back into momentum territory.
Today’s move coincides with a strong rally in U.S. tech stocks, shifting overall sentiment toward risk-on assets — a boost that often strengthens crypto markets.
However, the sharp drop earlier this week triggered over $200M in long liquidations, exposing how fragile leveraged positions are in current conditions. This volatility shows that while buyers are present, the broader market still carries elevated risk.
ETF inflows are slowly returning, supporting Bitcoin’s liquidity and helping stabilize short-term price swings. Yet several analysts warn the recent bounce could still be a “dead-cat bounce” if BTC fails to reclaim key structural levels.
In short:
Momentum is back — but conviction is not yet confirmed.
2. Technical Structure Update
The chart shows:
- A major Support Zone at $85,000–$86,000 — recently tested and respected.
- The current rally brings BTC back toward the $89,000–$90,000 Resistance Zone, which previously acted as a pivot and rejection point.
- If price stabilizes and breaks above this zone with strength, the bullish recovery could expand toward higher targets.
- If price gets rejected here, downside pressure can quickly return.
Right now, BTC is trading at a decision point.
3. Scenarios & Trading Strategy
🔸 Main Scenario – Bullish Continuation (Higher Probability)
If BTC holds above $89,000 and successfully breaks through $90,000, price may aim for:
Target 1: 92,500
Target 2: 94,000+
Why this matters:
- Tech-stock rally boosts risk appetite
- ETF inflows returning
- Liquidations flushed weak long positions → cleaner market structure
Strategy: Buy dips above $89K, wait for breakout confirmation.
🔹 Sub Scenario – Bearish Rejection (Caution Required)
If BTC fails to hold $89,000, and especially if it breaks below $86,000, the structure turns bearish again.
Downside targets: 83,000 - 80,000
Why?
- Market still fragile
- Heavy liquidation clusters below
- Risk sentiment turns quickly if buyers lose strength
Strategy: Expect lower highs → potential short setups toward support zones.
4. Summary & Personal View
- Overall Trend: Neutral → Slightly Bullish
- Short-Term Bias: Bullish above $89K; Bearish below $86K
- Momentum: Returning, but not fully confirmed
- Opportunity: High volatility = high reward if risk is managed
- Caution: Market still sensitive to macro news & ETF flows
BTC is entering a decisive phase — the next move will shape the rest of the week.
Hellena | GOLD (4H): LONG to resistance area of 4298.I suggest to consider the lower timeframe (1H), which has some peculiarities.
I see here an upward impulse in the red wave “3”, which is not over yet.
I believe that we should expect the price in the resistance area of 4298.33.
A small correction in the form of continuation of wave "4" to the area of 4174.78 is also possible. But in general, I am set for long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): LONG to resistance area of 4382(Wave 3).In the past forecast, many have rightly pointed out that wave “4” went behind the high of wave “2” and yet we are not dealing with a diagonal.
This means that the waves have stretched and have a larger range of motion and now the correction in wave “2” is ending.
Essentially the upward movement is still prioritized and I expect two scenarios:
1) Continuation of the upward movement to the resistance area of 4382 (market entry)
2) Reaching the support area 3994.4, after which the correction can be considered complete and only then the movement to the area 4382 will start.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): LONG to MAX of wave "3" of 6928.Colleagues, we continue the previous scenario of upward movement in the impulse “12345”.
I expect a small correction in the middle order wave “2” approximately to the area of 38.2%-50% Fibonacci levels (6675).
Then I expect a continuation of the upward movement to the maximum of the wave "3" of the higher order 6928.4.
It is possible that the first wave may be stretched, which may mean a correction-free movement to the target.
Fundamental Context.
Market sentiment remains cautiously bullish ahead of this week’s US data releases. Investors continue to price in a softer Fed policy path for 2026, which supports the equity market after the recent correction.
US Treasury yields remain under pressure, and the latest macro indicators — especially labor market cooling and weaker business activity components — reinforce expectations of an economic slowdown. This backdrop typically favors equity upside as markets look ahead to potential policy easing.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Nifty FMCG: A Deep Dive into the Elliott Wave AnalysisHello Friends,
Welcome to RK_Chaarts.
Today, we have brought this post to illustrate how we apply Elliott Wave Theory using the FMCG sector chart as an example for educational purposes.
In this post, we will analyze the Nifty FMCG Sector Index chart and see how Elliott Wave Theory can help us anticipate the potential direction of the market. We have previously discussed Elliott Wave Theory several times, and today we will apply it to the FMCG sector.
During this analysis, we will observe how the FMCG sector chart can be divided into various waves according to Elliott Wave Theory & its Principles, and how we can use these waves to forecast the future market direction. This post is purely for educational purposes and is not intended to provide any investment recommendations.
Elliott Wave Theory Principles
1) Wave 2 will never retrace more than 100% of wave 1.
2) Wave 3 will Never be shortest among all three Impulses (1-3-5)
3) Wave 4 will Never enter into the Territory of wave 1.
(Except Diagonals and Triangles)
4) Momentum RSI Divergence in Wave 3 & Wave 5.
Let's start,
We can clearly see that the sector index chart completed Wave (2) of intermediate degree (Blue) during the March 2020 fall (COVID period). After that, it moved continuously bullish and completed Wave (3) of intermediate degree (Blue) at the top of September 2024. From there, it continuously showed a fall downwards, completing Wave (4) of intermediate degree (Blue) at 50199.35 which is bottom in March 2025.
After that, the index has been moving slightly sideways to bullish, but there is still no strength or momentum visible in it. So, friends, if we assume the projection where Wave (5) can reach using Fibonacci trend-based Fib extension based on Elliott Wave Theory, Considering move in Waves (3) to (4), it can potentially reach around somewhere between fib level 1.236 to 1.618 levels in the long term in the future because this is a weekly time frame chart.
It has an invalidation level which is the low of Wave (4) pegged at 50199.35 on the chart. If the price falls even one point below this level, we will definitely have to reanalyze our wave counts and all these assumptions will get invalidated. Then we have assume that Wave (4) is still ongoing or something else is possible. So currently, assuming Wave (4) is finished, we have started the journey of Wave (5). These are assumptions as long as the price stays above the invalidation level; we can assume it will reach somewhere between fib level 1.236 to 1.618 levels in the next 1.5 to 2 years.
This analysis is based on Elliott Wave Theory and is shared purely for educational purposes to show how Elliott Wave Theory can be used to forecast a market roadmap.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Hellena | Oil (4H): LONG to the area of the maximum of wave “A”.Colleagues, the past forecast has not been canceled, but I see some changes and therefore feel it is necessary to make a fresh forecast.
Apparently, the corrective wave “B” has extended to the area of 57.930. This is quite close to the low of wave “C” at 56.408 and the price should not update it, otherwise there will be a full-fledged break of the structure.
In connection with the above, I think that the price is already completing the downward movement and I expect the resumption of the upward movement at least to the area of the maximum of wave “A” - 62.990.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): LONG to resistance area of 6775.Dear colleagues, according to the last forecast the price is at the support level, but as it turned out, the correction in wave “4” is a bit more complicated than I thought.
Wave “4” consists of three waves “ABC” and should be over soon. The upward movement is still in priority, but I will target the not so distant resistance area of 6775.
Once it is reached, we will think about how to reach higher levels.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): SHORT to the support area 1.14647.Colleagues, the corrective movement in wave “4” seems to be completed at 1.16529.
Further I expect the continuation of the impulse movement in wave “5” at least to the support area at 1.14647.
All this impulse will mark the movement in the bigger wave “C”.
Fundamental Context
The US Dollar remains firm as markets downgrade expectations for further Fed rate cuts. This keeps pressure on the euro, especially since Eurozone macro data is still weak and provides little support. At the moment, EUR/USD is mostly driven by USD dynamics rather than European fundamentals.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): SHORT to min wave "4" area 1.30100.Colleagues, I haven't reviewed the pound for a long time and now I finally did it)
The wave layout shows that the downward movement is not over yet. I think that wave “4” will soon complete its development and the impulse in wave ‘5’ will start, which will complete the big correction “C”. The minimum target is the support area at 1.30103.
Further we will observe the activity in this area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
AVGO (Broadcom) Crash Alert | The Biggest Drop Is Just Starting “ AVGO (Broadcom ) is on the brink of a massive correction, with charts pointing toward a potential plunge into the $45–$23 zone — a brutal reset that could shake the entire semiconductor sector before the next bull cycle begins. ⚠️📉”
🔥 Summary:
Broadcom (AVGO) might be entering a massive corrective phase after a historic rally. The charts suggest the bull run is pausing and a bear market retracement is about to unfold — potentially one of the biggest corrections in years. While long-term fundamentals remain strong, smart money could be preparing to buy much lower after this shakeout. ⚠️📉
🌊 Elliott Wave Breakdown
According to wave theory, AVGO has likely completed a full 5-wave impulse — marking the end of Cycle Wave 1 .
Now, the market is preparing for Cycle Wave 2 , a deep and time-consuming correction.
The expected retracement zone lies between $45–$23 , which corresponds with the 0.618–0.786 Fibonacci retracement of the entire 2010–2025 rally.
Wave 2s often create fear and disbelief, shaking out late buyers before the next mega rally (Wave 3).
In other words: this is not the end of the bull , but the start of a much-needed reset .
📉 Price Action & Market Structure
AVGO’s weekly structure shows clear exhaustion at the top — long wicks, slowing momentum, and divergence between price and volume.
The market structure shift (MSS) is forming:
Break of trendline support 🟠
Lower highs forming 🔻
Liquidity still sitting under 2022–2023 consolidation zones
All this signals that distribution is underway. Once liquidity under key swing lows gets tapped, a larger bearish trend can unfold.
🧠 Smart Money Concept (SMC) View
Smart Money is likely offloading at these premium prices.
Expect the following sequence:
💥 Liquidity grab above current highs (final trap)
⬇️ Break of structure confirming the downtrend
📉 Repricing toward discount zone ($45–$23)
🧱 Reaccumulation by institutions for the next macro leg
The bearish reprice phase may last several quarters or even years, but this is where smart money prepares for the next cycle , not retail FOMO.
💰 Fundamentals Meet Reality
Despite Broadcom’s strong fundamentals — AI infrastructure, chip dominance, software expansion — valuations have far outrun earnings .
A macro reset (higher rates, earnings compression, slowing AI hype) could drive a fundamental correction to align price with real growth.
Even great companies need bear markets to reload and revalue before resuming exponential growth.
🔮 The Big Picture
✅ Long-term bull trend is intact — but paused .
⚠️ Short-to-medium term: bear market correction is expected to start soon .
🎯 Key accumulation zone: $45–$23 (deep discount territory).
🚀 Post-correction, the next supercycle (Wave 3) could begin — targeting multi-thousand-dollar levels.
🦅 Summary Insight
“Smart money sells strength, not weakness. They’ll buy when fear peaks.”
AVGO’s parabolic bull wave has likely topped , and a multi-year corrective wave is next.
This is not the end — it’s the reset before a generational buying opportunity.
Brace for turbulence before the skies clear. 🌪️📉➡️🌤️🚀
“ Traders , this could be the setup of the decade. AVGO (Broadcom) is flashing every warning sign of a massive correction — our models point to the $45–$23 zone as the next major demand area. Don’t chase the top when smart money is preparing to buy the bottom. 📉💰
How deep do you think this correction goes? Drop your targets below 👇 and let’s see who catches the real reversal!”
— Team FIBCOS
#AVGO #Broadcom #StockMarket #BearMarket #Correction #WaveTheory #SmartMoney #ElliottWave #TechnicalAnalysis #TradingView #Fibcos #PriceAction #Investing #MarketCrash #StockAlert #Wave2 #MarketUpdate #ChartAnalysis #BearishSetup #TradeSmart
FTSE 100 (UKX) | Targeting 17K → 23K → 50K The British Bull Awakens 🏴📈 | The British Bull Awakens 🏴📈 | The British Bull Awakens 🏴📈
Macro Wave 3 of SuperCycle 3 in full motion — 17K next, then 23K before Wave 4 reset and grand finale 50K .
The FTSE 100 is mid-way through its most powerful Elliott Wave phase in decades — Macro Wave (3) of SuperCycle (3).
A generational breakout is forming, with Fibonacci confluence and institutional flow pointing toward 17K and beyond. ⚡
🧩 The SuperCycle Map
📈 SuperCycle Wave (1) (1989–2000) → Globalization & tech boom = foundation of modern bull market.
📉 SuperCycle Wave (2) (2000–2009) → Dot-com + GFC reset the system with a 0.618 retrace.
⚡ SuperCycle Wave (3) (2009–Present) → Now in progress — a generational expansion wave unfolding.
Inside it:
Macro (1): 2009–2018 post-crisis recovery
Macro (2): 2018–2020 correction
Macro (3): 2020–Now → Targeting ~17,000
Macro (4): 2029–2033 est. → Retrace to 10–12K
Macro (5): 2033–2037 est. → Push to ~23,000
Then:
🌀 SuperCycle (4) = multi-year correction
🌟 SuperCycle (5) = grand finale toward ~50,000
💹 Wave Confluence & Fibonacci Geometry
2.618 extension → 17K (Macro 3 target)
3.618 extension → 23K (Macro 5 projection)
Historic 0.5–0.618 retraces at every cycle confirm proportional balance.
Long-term regression & wave symmetry both support this structure.
🧭 Smart Money & Market Structure
✅ Accumulation base: 7K–9K (institutional demand zones)
✅ Break of Structure (BoS) → confirmed expansion
✅ Fair Value Gaps below 9K → future liquidity magnets for Macro 4
✅ Continuous higher highs & order block footprints = Smart Money in control
📊 The FTSE remains in expansion phase , pushing through new structural highs as liquidity builds.
🌍 Macro Fundamentals
UK equities undervalued vs. global peers
Normalizing rates + disinflation = valuation tailwinds
Long-term flows into energy, AI, infrastructure
Institutional rotation into real assets supports the multi-decade rally
🎯 Targets Ahead
📍 Macro 3 (short-term): ~17,000
🔄 Macro 4 retrace: ~10–12K
🚀 Macro 5: ~23,000
🌀 SuperCycle 4 correction: multi-year base
🌟 SuperCycle 5: ~50,000
📈 This is the belief phase of a generational bull market — Macro Wave (3) within SuperCycle (3).
Patience now could pay off for decades.
💬 What’s your FTSE target — 17K, 23K, or 50K?
👇 Comment below and Follow for future wave updates & Smart Money confluence setups.
— Team FIBCOS
#FTSE100 #ElliottWave #SmartMoneyConcept #Fibonacci #WaveTheory #MarketStructure #MacroInvesting #TradingView #FIBCOS #BullMarket #Wave3 #PriceAction #UKX #Investing #MacroCycle
USDJPY Still Awaits the Next CatalystThe Japanese Yen (JPY) struggled to attract buyers and languished near a nine-month low against the US Dollar (USD). Despite some downside risks (from Japanese intervention), the JPY remained weak due to dovish signals from the Japanese government.
--------------------------------------------------------------------------------
## JPY Weakening (Driving USD/JPY Up)
- PM Takaichi's Signal: Prime Minister Sanae Takaichi expressed the government's preference for keeping interest rates low and called for close coordination with the Bank of Japan (BoJ).
- Impact: These comments cooled market expectations for an upcoming BoJ interest rate hike, a key factor behind the JPY's underperformance.
## Limits to USD/JPY Upside
- BoJ Hike Expectations: Despite the weakening, traders still see a 24% chance of a BoJ rate hike in December and a 46% chance in January.
- Intervention Warning: The recent decline in the JPY prompted Japan's Finance Minister and Economy Minister to issue warnings about currency movements, fueling concerns about intervention.
- USD Weakens: The US dollar (USD) is languishing near a two-week low amid economic concerns (post-shutdown), which could help limit USD/JPY gains.
- Risk-off sentiment: A surge in risk-off sentiment could support the JPY as a safe-haven currency.
--------------------------------------------------------------------------------
## Bullish Scenario
- Upside Trigger: This week's breakout through the 154.45-154.50 horizontal resistance is seen as a key trigger.
- Next Target: Spot prices may rise to the 155.60-155.65 intermediate resistance and eventually aim to reclaim the 156.00 round number.
- Warning: Repeated failures above the psychological 155.00 level warrant caution before taking aggressive bullish positions.
## Bearish Scenario
- Buying Opportunity: Any further weakness should be viewed as a buying opportunity and is expected to find support near 154.00.
- Pivot Point: A convincing break below $154.00 could drag USD/JPY to the 153.60-153.50 region and the 153.00 round number. The 153.00 level should act as a key pivot point.
- Bias Reversal: A break below 153.00 could shift the bias to bearish and open the way to the 152.15-152.10 area.
USDJPY | Prices Starting to Exhaust and Potential to DeclineMarket Structure Overview
The current price is around 154.58 – 154.60. Overall, USDJPY has remained in a major uptrend (bullish) since early October 2025.
However, the current price pattern is showing signs of trend exhaustion in the upper area of the channel—approaching the supply zone of 155.00 – 155.50.
The RSI is starting to decline from the overbought area, while the momentum histogram also shows weak divergence (weakening upward momentum).
✅ Elliott Wave Structure (H4)
From the swing structure visible on the chart, the Elliott Wave pattern can be identified as follows:
✅ Elliott Wave Count:
- Wave (1): Initial rise from 149.00 → 151.50
- Wave (2): Correction to 150.40
- Wave (3): Strong impulse up to 154.00
- Wave (4): Mild correction to 152.00 – 152.20
- Wave (5): Final rally towards the 155.00 area (currently forming)
This means the price is at the end of the impulse phase (Wave 5) — which is usually followed by a major correction (ABC Correction).
✅ Technical Patterns and Confirmation
Technical Patterns Formed:
- A rising wedge pattern (a tapering upward pattern) is clearly visible at the end of the trend.
- A wedge like this often signals a distribution or reversal pattern at the end of an impulse wave (wave 5).
- The upper area of the wedge and the supply zone of 155.00 – 155.50 have the potential to become a strong reversal zone.
📊 Confirmation Indicators:
- RSI: forming a bearish divergence — higher price high, lower RSI high.
- Momentum Histogram: starting to shrink, indicating weakening bullish momentum.
- This supports the possibility that Wave 5 is nearing completion.
✅ Projected Movement Direction
📉 Main Scenario (Reversal / Downward Correction)
After Wave 5 completes around 155.00 – 155.50, the price has the potential to reverse downwards, forming a large ABC correction (the beginning of Wave A).
Initial correction targets:
- Target 1: 154.00 (minor support & lower wedge)
- Target 2: 153.00
- Target 3 (extension): 151.50 – 152.00
If the price breaks through wedge support (BOS downwards), it confirms the Wave A correction has begun.
📈 Alternative Scenario (Continued Breakout)
If the price breaks strongly above 155.50 with high volume, it indicates the Wave 5 extension is continuing.
Continued targets: 156.00 – 156.50, before a major correction begins.
However, this opportunity is smaller, due to numerous signs of exhaustion in the upper area.
--------------------------------------------------------------------------------------------------------
✅Short-Term Position (Potential Reversal)
- Sell Entry: 155.00 – 155.40 (supply zone & upper wedge area)
- Stop Loss: 155.80 (above wedge + structure invalidation)
- Take Profit 1: 154.00
- Take Profit 2: 153.00
🎯 RR ratio around 1:3
Entry confirmation: emergence of a bearish engulfing/minor downward BOS on H1–H4.
-------------------------------------------------------------------------------------------------------
✅Long-Term Position (Buy the Dip)
If the Wave A–B–C correction completes below (around 151.50 – 152.00), then a new potential Wave (1) of the major uptrend (the next cycle) could begin.
- Buy Entry: 151.50 – 152.00 (strong demand zone)
- Stop Loss: 150.40
- Take Profit: 155.00 – 156.00
🎯 RR around 1:4 – long-term accumulation position
Hellena | GOLD (4H): LONG to resistance area 4219.Colleagues, I am not abandoning the idea that the upward movement is not over yet.
It seems that the correction in wave “4” is very long and I think that it may continue to the support area 3807 and there is an important nuance - it is quite difficult to label all this movement as wave “C”, because it contradicts some rules of wave construction, but there are exceptions and I tend to interpret the downward movement in this way.
There is one more option, which does not contradict the rules and it is a “shortened wave ”5" at 4377, and then (ABC) looks more adequate, but I will not display this option. In both cases, I expect a resumption of the move to at least the 4219 area.
Fundamental context
Against the current macro backdrop, gold remains well-supported: the U.S. dollar is under pressure, and bond yields continue to decline after recent weaker economic data. This environment sustains demand for safe-haven assets.
Short-term pullbacks and profit-taking after record highs appear natural — overall interest in gold stays strong, particularly amid expectations of further Fed policy easing.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): LONG to max of wave "3" area of 6929.4.Good afternoon colleagues, it looks like the correction is ending and soon I expect wave “5” in the upward movement. Perhaps wave “4” will update the low of 6637.8 before the upward movement.
I expect to reach the maximum of wave “3” at 6929.4. Further we will observe the price behavior in this area.
Fundamental Background
The US stock market remains positive: business activity data showed a steady expansion, which strengthens confidence in corporate earnings.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (1H): SHORT to support area 3925.Colleagues, I believe that at the moment we see a rather complicated situation - the correction is not over yet and we may see a complicated correction. In most probability I see the completion of wave “B”, and the continuation of the downward movement to the support area of 3925.
The “ABC” correction may be completed this week. In any case, I expect the decline to continue.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): LONG to resistance area 64.8.Colleagues, in fact, I have not changed the wave markup, but I have a slightly different view on the near-term price movement plan.
In the last forecast I emphasized that the target is the area of 58.9, but now it looks more likely that the completion of wave “C” in a complex correction (resistance area 64.8). Then I will consider the long-awaited downward movement again.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
STAY IN THE WAVE TO CATCH THE WAVE - THE ART OF RANGE MANAGEMENTHey Everyone,
Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions.
Now a question that typically arises here is why would it still be advisable to buy when the market is pushing down? Firstly, let me assure you that the same algorithms, experience and strategies that we use with our bullish directional bias also gives us the heads up, or down if you will, on when the market is going down. Don't think for a moment that we only know how to analyse a bull market or up trends. We share trade ideas for both Bullish and Bearish moves but choose not to hedge out of choice.
In my experience, it is much safer to get out of a stuck buy position than a stuck sell position. That's not to mention the clean PSYCHOLOGICAL PROFILE that is achieved when trading in just one direction. And although hedging can in theory work, it requires years of experience and in the end, is simply not worth the effort and psychological stress.
Let us look at an example of the current short/mid term trend to further highlight this point. When you have short-term bearish momentum down, we take buys from key supports or MAs which act as dips. Remember that the market does not go up or down in a straight line (with the rare exception of short-lived parabolic moves). So, when the market is going down and hits one of our key levels, a buy from that point will go back up for 30 to 40 pips (this number of pips has been calibrated based on back testing) before resuming back down.
You can think of it like this. The market moves in a zigzag manner. The zig is that part of the leg which is going down to create lower lows (if the downward trend is continuing). The zag is that part of the leg which takes a breather and pushes back up with momentum for our entry and quick pip-take range to create a lower high (if the downward trend is continuing) before heading back down again. We catch the right and safest waves (buys) in and out and surf to success. When price hits a key structural support or stops creating lower lows and lower highs, we then reassess for entries with a wider range of pip capture.
Hope this post helps our followers to understand how we ride waves by staying committed to one direction in order to always fall naturally into the wave rather then chasing a wave!!
GoldViewFX
NZDUSD: Do not miss this buyFor FX:NZDUSD market broke the low and now it is ready to push up, we are still expecting this to go up even after breaking the last low. Any buy setup we get at We Trade Waves we will go for it.
Always remember WTW 4 Golder Rules:
1) Do not jump in
2) Do not over risk/trade
3) Do not trade without Stop Loss
4) Never ever add to a losing position!
Trade with care
We Trade Waves
WTW Team
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
Hellena | Oil (4H): SHORT to support area of 59.00.Colleagues, the situation is complicated, but I still expect the price to renew the local low of 56.40.
It looks like the price is forming a complex compound correction (WXY) and I think that for now it is worth looking at the 59.00 area as the nearest most likely level.
Ideally, I would like to see the completion of wave “C” in the area of 64.80.
Fundamental context
According to the latest IEA report, the global oil market remains under pressure as supply continues to outpace demand. For 2025, production is expected to rise by around 3 million barrels per day, while demand growth is forecast at only 0.7 million barrels. This imbalance increases the risk of oversupply and inventory buildup across key regions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!






















