Infineon wave 3 to 62€ Gann-Methode🧠 Infineon (IFX.DE) - Massive Wave 3 in Progress 🚀 | Long-Term Elliott Wave Setup
Ticker: XETR:IFX
Exchange: XETRA 🇩🇪
Chart: Weekly (W1)
Technical Framework: Elliott Wave + Fibonacci + MA + RSI + MACD
🧩 Context:
Infineon has completed a massive corrective wave II (labelled in red) and is now in the early stages of a multi-year impulsive wave III. The price recently rejected at the 0.236 retracement (~35€) and is currently back-testing key moving averages. This zone could represent a wave (2) low of the internal (1)-(2)-(3)-(4)-(5) structure of orange wave ③.
🔎 Structure Breakdown:
✅ Wave (II) (in red) ended as a WXY-Flat-Correction, possibly in 2020
✅ Wave 1 and 2 of wave (III) are complete
✅ Current projection: we are in blue wave (3) of orange wave ③
📈 Fibonacci extensions suggest:
1.618x of wave (1) = ~53.83 €
2.0x = ~63.77 €
2.618x = ~77.11 € – ultimate long-term target for wave ③
🟦 Major resistance: 35–36 €, now acting as support
🟢 Key Moving Averages:
MA (32.7), MA (32.3), MA (31.96) are clustered — strong support zone
📊 Indicators:
MACD: Turning bullish, histogram just crossed above 0
RSI: Neutral (51), still lots of upside potential
Volume: Recent spike suggests accumulation during pullback
🔔 Key Levels:
Level Description
32.7 € Strong support (Fib 0.382 + MA)
39 € Fib 0.5 retracement
46.78 € 2.618x extension of orange wave ①
53.83 € Target: 1.618x of current wave (1)
63.77 € Major resistance / Wave (3) top?
77.11 € 2.618x extension of wave ③
🧠 Thesis:
If the recent low was wave (2), Infineon could be entering a parabolic wave (3) move with +50–100% upside potential over the next 12–18 months. The setup is supported by Elliott Wave structure, MA support, and volume confirmation.
⚠️ Risks:
Breakdown below ~30 € (0.5 Fib) would challenge this count
Macro events (e.g., chip cycle, geopolitics) may affect the timing
✅ Strategy:
I’m watching for confirmation of the local low around 32 €, and then adding during retracements. Targets are scaled into at 46 €, 54 €, and 63 €. Final wave (5) of ③ may push up to 77 €.
