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Wave Analysis

Electronic Arts: Heading LowerElectronic Arts has dropped roughly 13% since our last update, continuing the expected decline within ongoing wave (3). This move is likely to break below support at $114.60 and gradually push the stock downward to the anticipated low. Our alternative scenario suggests the correction may already be done, but that path hinges on a convincing move above $169.82 — a threshold we’re not close to yet. For now, the downtrend remains in control. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
NASDAQ:EAShort
by MarketIntel
CLOV LONG TRADECLOV was in WYCKOFF accumulation phase and broke out from the consolidation with heavy volumes. Soon it retested breakout point but remained range bound for quite some time. Recently, it retouched the retest level, forming a SPRG and showed reversal, backed by heavy volumes. 🚨 TECHNICAL BUY CALL – CLOV🚨 🎯 BUY ZONE: Rs. 38-41 📈 TP : Rs. 46 🛑 STOP LOSS: BELOW Rs 34.5 (Daily Close) 📊 RISK-REWARD: Medium Conviction | 1:2.4 Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to to avoid losing incurred profits in case of unforeseen market conditions. PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
PSX:CLOVLong
by Mushtaque77
XAUUSD SHORT OPPORTUNITY AROUND 3360 The chart shows everything, let me summarize: - Based on valid Elliot Wave count, it is now in the end of wave 5 of c of the B correction, heading to start a new wave C to the downside - The upward movement of the B (RIGHT NOW) lies exactly in the 61.8% Fibo from the A - It is now on the trendline!! Some see it holds perfectly as some see it is slightly broken (but no volume on it, don't worry!!) - (see the yellow area) it is an area that is strong buyer and ESPECIALLY strong seller meet. Most of the time price respects this area called supply/ demand area - An as addition, the MACD showing weakness of the trend by its BEARISH DIVERGENCE SO I AM WAITING NO MORE, I SHORT!!! Let's, go.... CHEEERRRSSSS...!!!
OANDA:XAUUSDShort
by steveivan
Doge consolidationi have updated this chart a lil, still mostly play videogames, so i dont fully watch all the time. have a good chance for some down pressure again, but should be hitting the growth wall end of 2025 ish 2026 will be a good lil spike but it wont be till 2030 that markets are going to fully re-enter hyper bull seaon, 2026 will be a recovery growth. just my perdiction and of course long runs do favor green, but there are those who chnace and play the ups and downs constatly. so with that thank you for your time, i have started adding tags for time frames and better flow uinderstanding of big money moves.
by AnthonyBG
Nasdaq futures - medium term correction is quite likely# Elliott Wave Analysis of Nasdaq 100 Futures: Critical Juncture Signals Potential Reversal Based on the provided Elliott Wave chart analysis of the Nasdaq 100 E-mini Futures, the market appears to be at a critical inflection point where Wave 5 of the primary impulsive sequence may be nearing completion. At the current level of **20,910.75**, down **267.50 points (-1.26%)**, technical indicators suggest a potential major corrective phase could be imminent. The convergence of Elliott Wave completion patterns, RSI divergence signals, and extreme market sentiment readings creates a compelling case for heightened caution among traders. ## Elliott Wave Structure Analysis ### Current Wave Count and Positioning The chart reveals a completed five-wave impulsive structure that began from the March 2020 lows, with Wave 5 potentially reaching its terminal point around current levels . According to Elliott Wave Theory, **Wave 5 is prone to truncation and often presents with indicator divergence** . The current structure shows classic characteristics of a maturing Wave 5, where **the fifth wave is the final leg in the direction of the dominant trend** . The exponential moving averages positioned at **20,211.64** and **20,278.60** provide crucial support levels that align with the expected Wave 4 correction zone. Elliott Wave practitioners recognize that **Wave 4 typically retraces less than 38.2% of Wave 3** , and the current price action respects these theoretical boundaries. The fractal nature of Elliott Waves suggests that within the larger degree Wave 5, we have likely completed five sub-waves of lesser degree. ### Fibonacci Relationships and Target Zones Elliott Wave analysis relies heavily on Fibonacci relationships between waves. The chart shows potential completion targets where **Wave 5 equals Wave 1** or represents **0.618 to 1.618 of Wave 1 plus Wave 3** . Current price levels appear to satisfy these mathematical relationships, suggesting the impulsive sequence may be mathematically complete. When **Wave 5 is extended, the most common multiple for its length is 1.618 times the length of Wave 1 through Wave 3** , which aligns with current market positioning. ## RSI Divergence Signals ### Bearish Divergence Formation The RSI indicator at the bottom of the chart displays classic **bearish divergence characteristics**, where **price makes higher highs while RSI forms lower highs** . This divergence pattern typically occurs **when RSI is above 70, signaling that the asset is overbought** . The current RSI reading suggests that **buying pressure is fading** despite continued price advances, which **is usually a sign that the uptrend is losing strength, and a downward reversal might be coming** . **Wave 5 almost always presents with indicator divergence** , and the RSI pattern confirms this theoretical expectation. The divergence serves as an **early warning that the uptrend might lose momentum and reverse** , providing traders with advance notice of potential trend changes before they manifest in price action. ### Momentum Deterioration The weakening RSI momentum while prices reach new highs indicates **underlying selling pressure building beneath the surface** . This divergence pattern suggests that **institutional smart money may be distributing positions** while retail sentiment remains bullish. The divergence becomes more significant when confirmed by other technical indicators and Elliott Wave completion patterns. ## Market Sentiment Context ### Fear and Greed Index Implications Recent market sentiment data reveals extreme volatility in investor psychology. The **CNN Fear and Greed Index plunged to just 3 on April 8, marking its lowest level since March 2020** , before recovering modestly to **8** by mid-May. These extreme fear readings historically correlate with major market turning points, though **fear of this magnitude can bring extreme volatility, often resulting in steep market declines** . The index's current positioning suggests that while fear has dominated recent sessions, contrarian signals may be emerging. Historically, **when fear reaches extreme levels, it has marked moments of potential opportunity or further market turbulence** . The combination of extreme sentiment readings with Elliott Wave completion patterns creates a confluence of reversal signals. ### Volatility Environment The **CBOE Nasdaq 100 Volatility Index (VXN)** has elevated to significant levels, with recent readings around **24.20** . Higher VXN levels indicate **heightened expectations of near-term price swings** and often correlate with **institutional hedging activity** . When combined with Elliott Wave completion patterns, elevated volatility readings suggest market participants are positioning for significant directional moves. ## Trading Recommendations ### Short-Term Strategy (1-4 Weeks) **Bearish Positioning**: The confluence of Elliott Wave 5 completion, RSI divergence, and extreme sentiment readings suggests high probability of corrective action. Traders should consider **shorting rallies toward resistance zones between 21,000-21,200** with stops above Wave 5 highs. Target initial support at the **Wave 4 low around 19,000-19,500**, representing a potential **10-15% correction** . **Risk Management**: Given the potential for **truncated Wave 5 scenarios**, where the market reverses sharply without reaching typical extension targets , position sizing should be conservative. **Limit single-trade exposure to 1-2% of capital** and maintain strict stop-loss disciplines above recent highs. ### Medium-Term Outlook (1-3 Months) **Corrective Wave Expectations**: Following Elliott Wave theory, the completion of the five-wave impulsive sequence should trigger a **three-wave corrective pattern (A-B-C)** . Wave A corrections typically retrace **38.2% to 50% of the entire impulsive move**, suggesting potential targets in the **18,000-19,000 range**. Wave C of the correction **is typically at least as large as Wave A and often extends to 1.618 times Wave A** . **Sector Rotation Opportunities**: During major Elliott Wave corrections, defensive sectors often outperform growth-oriented technology stocks. Consider reducing exposure to **semiconductor and cloud computing sectors**, which have shown weakness with **-9.3% and -5.8% monthly declines respectively** , while increasing allocations to utilities and consumer staples. ### Long-Term Perspective (3-12 Months) **Accumulation Zones**: Major Elliott Wave corrections create optimal long-term accumulation opportunities. The projected **Wave A target zone between 18,000-19,000** should provide strategic entry points for patient investors. Historical analysis suggests that **Wave 2 corrections of higher degree** often retrace to previous resistance levels that become support. **Volatility Strategies**: Elevated VXN readings and expected corrective volatility create opportunities for **volatility premium capture strategies**. Consider selling put spreads at projected support levels and buying protective calls to benefit from mean reversion following the corrective sequence. ## Risk Considerations ### Alternative Wave Counts Elliott Wave analysis requires consideration of alternative scenarios. The current count assumes Wave 5 completion, but **complex Wave 4 patterns** could extend the impulsive sequence. If price breaks above recent highs with strong momentum, the **extended Wave 5 scenario** becomes more probable, targeting **22,500-23,000** levels . ### Macroeconomic Catalysts **Trade policy developments** and **Federal Reserve communications** could accelerate or delay the expected corrective sequence. **Trump's tariff policies** and ongoing **US-China trade tensions** create fundamental headwinds that support the bearish Elliott Wave scenario. Monitor **employment data and inflation readings** for confirmation of economic slowdown that typically accompanies major market corrections. ## Conclusion The Elliott Wave analysis of Nasdaq 100 Futures presents a compelling case for major trend reversal as Wave 5 approaches completion. The convergence of RSI bearish divergence, extreme sentiment readings, and theoretical wave relationships creates a high-probability setup for significant corrective action. Traders should prioritize capital preservation and position defensively while preparing for strategic accumulation opportunities in the projected correction zone. The fractal nature of Elliott Waves suggests this analysis applies across multiple timeframes, reinforcing the significance of current technical developments. Based in AI research
CME_MINI:NQ1!
by mfeigin
#APT/USDT#APT The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower limit of the channel at 5.50, acting as strong support from which the price can rebound. Entry price: 5.70 First target: 5.82 Second target: 6.00 Third target: 6.17
Long
by CryptoAnalystSignal
Gold Enters PRZ and TRZ – Correction is Coming!?Gold ( OANDA:XAUUSD ) moved as I expected in the previous Idea and reached the Resistance zone($3,387-$3,357) and Resistance lines . Gold is moving near the Resistance lines , Resistance zone($3,387-$3,357) , Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . In terms of Elliott Wave theory , Gold appears to be completing microwave 5 of Main wave 3 , so Main wave 3 could have an extended structure . I expect Gold to experience at least one correction after entering the PRZ and TRZ , the correction could continue to $3,329 . If the Support lines are broken, the next target could be the Support zone($3,280-$3,245) . Note: If Gold touches $3,420, there is a possibility of further pumping and breaking the Resistance zone($3,435-$3,406). Gold Analyze ( XAUUSD ), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
1
#XAI/USDT#XAI The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward. We have a support area at the lower limit of the channel at 0.0812, acting as strong support from which the price can rebound. Entry price: 0.0850 First target: 0.0890 Second target: 0.0931 Third target: 0.0978
Long
by CryptoAnalystSignal
Gold prices move higher, next target $3,440?XAUUSD continues to move within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum suggests that buyers are in control, indicating the potential continuation of the upward trend. Recently, price broke out with strong momentum and may now be pulling back to retest. This area previously served as a confluence zone between the lower boundary of the ascending channel and a prior price reaction level, aligning with the potential continuation of the bullish move. If this level holds as support, I believe a bounce in line with the main trend could be triggered. The potential technical target is the 3,440 zone, in line with the upper boundary of the channel as well as the 1.618 Fibonacci extension. Conversely, failure to hold this support could signal a potential shift to the downside.
OANDA:XAUUSDLong
by Andrew-Jimmy
#WLD/USDT#WLD The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower limit of the channel at 0.410, acting as strong support from which the price can rebound. Entry price: 0.500 First target: 1.568 Second target: 1.691 Third target: 1.818
Long
by CryptoAnalystSignal
#WLD/USDT#WLD The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower boundary of the channel at 1.15, which acts as strong support from which the price can rebound. Entry price: 1.16 First target: 1.19 Second target: 1.23 Third target: 1.28
Long
by CryptoAnalystSignal
#GALA/USDT#GALA The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward. We have a support area at the lower limit of the channel at 0.01940, acting as strong support from which the price can rebound. Entry price: 0.02042 First target: 0.02101 Second target: 0.02193 Third target: 0.02300
Long
by CryptoAnalystSignal
#ARB/USDT#ARB The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward. We have a support area at the lower limit of the channel at 0.4033, acting as strong support from which the price can rebound. Entry price: 0.4120 First target: 0.4229 Second target: 0.4373 Third target: 0.4540
Long
by CryptoAnalystSignal
#DOGS/USDT#DOGS The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower limit of the channel at 0.0001922, acting as strong support from which the price can rebound. Entry price: 0.0001994 First target: 0.0002055 Second target: 0.0002147 Third target: 0.0002255
Long
by CryptoAnalystSignal
#DYM/USDT#DYM The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower limit of the channel at 0.368, acting as strong support from which the price can rebound. Entry price: 0.382 First target: 0.395 Second target: 0.413 Third target: 0.434
Long
by CryptoAnalystSignal
USDCAD Wave Analysis – 23 May 2025 - USDCAD reversed from strong resistance area - Likely to fall to support level 1.3755 USDCAD currency pair recently reversed down from the strong resistance area between the round resistance level 1.4000 intersecting with the upper daily Bollinger Band and the resistance trendline of the daily down channel from March. The downward reversal from this resistance area started the C-wave of the active ABC correction (2). USDCAD currency pair can be expected to fall to the next support level 1.3755 (the former low from the start of May and the target for the completion of the active ABC correction (2)).
Short
by FxProGlobal