As promised, I am now sharing you what I can see happening on SPY/SPX on the bearish point of view. I do recommend for you to check out my Bullish analysis post that I did on Friday in case you get confused: ( https://www.tradingview.com/chart/SPY/VJpbRl5D-SPY-Elliot-Waves-Bullish-Bias/ ) As you can see in the main image of this post, in the bearish bias I am considering this dip from last month to be Wave A of an ABC correction(Green). In this correction, Wave A has 5 sub-waves(Orange), Wave B has 3 sub-waves(Pink), and Wave C have 5 sub-waves as well. https://www.tradingview.com/x/pYmJYdXi/ - We are now in Wave B of this correction, which retraces to 38-50% or more. As you can see in the picture above, we have completed sub-waves A and B and are now beginning sub-wave C of Wave B. Weekly Chart EMAs: https://www.tradingview.com/x/Dza5hIE5/ - In the picture above you can see how price was able to keep itself above the 50EMA(Yellow) and is now turning to a little pump that will target the area where the 20EMA(Orange). If price gets rejected by the 20EMA, it will continue down to complete Wave C of the pattern, which confirms the bearish scenario. - Once that rejection happens, if price breaks through the 50EMA line, our next support level will be at the 100EMA(Red), which is right in between the bottom of Wave A and or Wave C target(161.8% of Wave A). I do believe that having a correction is the intent of the current government. Their intention might be to cool down from the growth that was happening during the last years of the last administration. By doing that, the markets would be set for at least 4 more years of healthy growth, institutions and new participants will have another chance at accumulating in order to participate in this next economic boom, and Trump will have a chance at showing the real results of his policies. At the end of the day, I do have to remind you all that I am just an observer of the market. My analysis is not a prediction of the future, they are just my attempt to be prepare to the different scenarios my money losing journey will take me while I learn the wisdom of the waves.
USDCHF formed a double bottom W pattern in the down trend channel look to be Bullish and will it break the channel resistance ? if breaks can easily go up to 0.9 again.
USOIL (WTI Crude Oil) daily chart showing price action analysis. Key Observations: Support Zone: A strong demand zone is marked around $65-$66, which has acted as a reversal area in the past. The price has recently bounced off this zone, indicating potential buyer interest. Current Price Action: Price is currently trading at $68.25. A bullish move started from the support region, with a higher low formation suggesting potential upside momentum. Potential Scenario: The chart suggests a pullback before continuation to the upside. If the support holds, $70-$72 could be the next target. If price fails to hold above $66, further downside towards $64 may be possible. Outlook: Bullish Bias ? as long as the price remains above the demand zone. Watch for a higher low confirmation before entering a long trade. Breakout above $70 could signal a stronger rally.
BTC Short setup as liquidity is swept from 85400 region next liquidity area is around 86k so give it a freedom NOT A FINANCIAL ADVICE
It obvious the stock Rejected at 4h Red Zone which act as Strong Resistance that Intel cant go above despite recent good news. we have three scenarios: for sure all require patient the stock at current price may go anywhere its gambling rather than trading at this price. Scenario One: the stock price go above 4h Red Zone which act as strong resistance, after re-test the zone its "buy signal after confirmation". Scenarios Two: the stock will re-test the nearest support level at the Previous High (P. High) @ 22.40$ roughly at this price we wait for "buy signal after confirmation". Scenario Three: Re-Test the Institutional Candle price level at 19.80$ since the stock is side-ways movement and still not breaking this forever zone this option is highly valid ! Note: "buy signal after confirmation" Means that: We have two scenarios must happen at The Mentioned Zone: Scenarios One: strong buying volume with reversal Candle. Scenarios Two: Fake Break-Out of The Buying Zone. Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
Weekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Analysis and bias remains the same as analysis dated 16 March 2025. In my analysis dated 27 October 2024 I mentioned (below) that price could potentially print higher in order to reposition CHoCH. This is exactly how price printed. CHoCH positioning has been brought significantly closer to current price action. The remainder of my analysis and bias remains the same as analysis dated 09 February 2025. Price has printed a further bullish iBOS. Price is currently trading within an internal low and fractal high. CHoCH positioning is denoted with a blue dashed line. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had repositioned previous CHoCH much closer to recent price levels as expected for weeks. Current CHoCH positioning is quite a distance away from price, therefore, it would be viable if price continued bullish to reposition CHOCH. Note: It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend. Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. Weekly Chart: https://www.tradingview.com/x/BxmREmZy/ Daily Analysis: Swing -> Bullish. Internal -> Bullish. Price continued bullish repositioning bearish CHoCH positioning closer to current price action. Price is now trading within an internal low and fractal high. Expectation is for price to print bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. CHoCH positioning is denoted with a blue dotted line. Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty and the repricing of Gold. Daily Chart: https://www.tradingview.com/x/01XSN2Cq/ H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 21 March 2025. Price has printed a bearish CHoCH following printing further all time highs. Price is now trading within an established internal range. I will however continue to monitor price. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or nested Daily and H4 demand levels before targeting weak internal high priced at 3,057.590. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: https://www.tradingview.com/x/czByptIu/
It is BTC ready for a pump with the today broke of dangerous levels? If 85k levels are confirmed we are ready for 86500 and 90000 walls. RSI are still cold for BTC levels If 84300 are broken down, the bear narrative will survive.
On the higher timeframe, NAS100 remains bullish. However, recent price action suggests that a higher timeframe pullback may be underway, providing a discounted price opportunity. On the daily chart, a market structure shift occurred when NAS100 broke below the 20,477 level. The most recent price action indicates a short-term pullback to the upside on lower timeframes, potentially to mitigate the internal supply zone and reach premium price levels. I am closely watching the 61.80% Fibonacci retracement level around 21,028 for potential selling opportunities, with downside targets at 19,113 and 18,297. How Are You Trading NAS100 This Week? Share your thoughts in the comments! If you found this analysis helpful, please support it with a boost. Also, follow for more updates!
Dogef guzel harekeler beklıyoruz beklemede kalalım.....
Linking previous short of NVDA. The right shoulder is technically not finished forming. However that trendline was tested not long ago.... will it hold? Who knows. First target would be ~$100. If this plays out there will likely be a larger mark down phase consisting of retail panic selling. This will push toward $80 with a possible shakeout near the low/mid $70s before a long term accumulation process begins by big money. Just because I am short on the stock does not mean I don't believe in the company or stock longer term. Have money on the sidelines to buy incase this plays out. https://www.tradingview.com/chart/NVDA/rNsV6AbN-Another-Leg-down-for-NVDA/