Get started

Elliottwaveprojection

The AI Mania: The TruthFinancial prices are not reasoned, and they are certainly not random. The only logical conclusion is that they are unconsciously determined. NVDA is a striking example of this reality in the financial markets. Let’s consider the past three years. Many may not realize that the majority of U.S. stocks peaked in 2021. The recent all-time highs in a few select technology companies have served as a smokescreen for an ongoing bear market that began that year. NVDA, at the center of the AI craze, exemplifies this trend. Since 2023, NVDA has surged roughly 1,200%. Is this due to any significant changes in the company or its earnings? No. The truth is that there is no logical way to evaluate what a stock should be worth. A stock’s value is simply what someone is willing to pay for it, and that price cannot be rationally determined. It seems likely, given the current evidence, that the market is following a robust fractal pattern described by the Elliott Wave Model. Prices follow this model because it is rooted in our DNA. The herding instinct, which resides in our basal ganglia, unconsciously drives us to join the herd when situations are uncertain and stressful. This unconscious, endogenous process affects every human being daily. Many of the choices we make, such as where we put our money (stocks, bonds, real estate) or even what we wear out to dinner, are influenced by this unconscious social mood. R.N. Elliott discovered that the stock market, our main meter of social mood, follows a hierarchical fractal pattern. This pattern describes the movements of social mood, which then influences a person’s mood, which in turn influences their emotions, leading to actions. Under this framework, the character and tenor of news/events become predictable. Many point to P/E (price/earnings) ratios as a measure of value, but this indicator has proven useless for NVDA. Its P/E went from 19 in January to 144 in March to 56 currently and maintained a uptrend the entire time, yet its investors do not seem concerned. Let me make a bold claim that shouldn’t be bold at all: NVDA is the new Cisco, echoing the dot-com bubble. This will end the same way every financial mania has ended since the South Sea bubble of 1719-1722—with a major crash. There is nothing logical about NVDA trading at a P/E of 144 (and now 56), yet analysts still tout it as one of the greatest investments of our time. I am not arguing that AI isn't revolutionary. I’m saying there's a difference between AI and AI stocks. AI solves problems; AI stocks rise and fall with the market's mood. The internet is still with us, yet internet stocks (NASDAQ) crashed 78% after the internet mania of the early 2000s. A change is coming to the world of finance, where empirically driven analysis will be seen as much more fitting for the financial marketplace. The paradigm on which modern macroeconomics depends is fallacious. The tide is changing. Watch as fundamentalists and growth stock enthusiasts hide away and rationalize any reason for why the crash happened. Many will exclaim that it was obvious, saying things like, "The yield curve was inverted for over 750 days; of course, we were going to get a recession!" But that's not what they’re saying now! Now they are giving you every reason to buy and hold. The truth is, there has never been a time in financial history where we have seen overvaluation like we are seeing today. To put this in perspective: the base money supply is $7 trillion. Derivatives bets control over $200 trillion. THIS SPECULATION BUBBLE WILL NOT END WELL. Be safe. My target for NVDA is 11 dollars Cheers, Bardini Capital aka abardini Work Cited: Prechter, Robert R. The Socionomic Theory of Finance. Socionomics Institute Press, 2016. Despite the criticism directed at Prechter, his research remains remarkable and largely unrecognized by the public. Yes, he’s made some incorrect predictions in the past, but dismissing all of his work because of a few bad calls is shortsighted. And if anyone finds an analyst with a perfect track record, let me know.
NASDAQ:NVDA
by BardiniCapital
8
MARA Bullish Outlook: Elliott WavesTechnical Analysis of MARA Based on Elliott Waves. The following analysis is based on the provided chart and is for educational purposes only. It does not constitute financial advice. Investing in stocks involves risk, and past performance does not guarantee future results. Always conduct thorough research and consult with a financial advisor before making any investment decisions. Key Observations from the Chart - Elliott Wave Theory: The chart appears to be using Elliott Wave Theory to identify potential future trends. Elliott Wave Theory suggests that markets move in predictable patterns, often referred to as "waves." - Uptrend: The overall trend of the chart seems to be bullish, indicating a potential uptrend. - Invalidation Level: A horizontal line is drawn at the bottom, labeled "Invalidation Level." This level could serve as a support level, and if the price breaks below it, the bullish outlook might be invalidated. - Pattern Recognition: The chart seems to be suggesting a potential "5-wave impulse" pattern, which is often associated with an uptrend. - Price Action: The price has recently shown a pullback, which could be a healthy correction within the larger uptrend. Potential Outlook Based on these observations, the chart suggests a bullish outlook for MARA. If the price can hold above the "Invalidation Level" and continue to follow the Elliott Wave pattern, there is a potential for further upward movement. However, it's important to note that technical analysis is not foolproof. Market conditions can change rapidly, and unexpected events can affect the price. Always stay informed about the company's fundamentals, industry trends, and broader market conditions. Next Steps 1. Monitor Price Action: Keep an eye on the price in relation to the "Invalidation Level" and the Elliott Wave pattern. 2. Consider Other Indicators: Combine technical analysis with fundamental analysis to get a more complete picture of the company. 3. Risk Management: Implement risk management strategies, such as stop-loss orders, to protect your investments. 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_Charts 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_Charts 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.
NASDAQ:MARALong
by RK_Chaarts
2
COIN Technical Analysis: Wave (4) Correction Nearing CompletionTechnical analysis chart of the cryptocurrency "COIN" using Elliott Wave Theory. Elliott Wave Theory is a technical analysis method that suggests that financial markets move in predictable patterns based on a series of five waves. The information provided in this post is for educational purposes only and should not be considered as financial advice. There is a risk of being completely wrong, and users are warned not to trade or invest solely based on this study. The content is not an advisory and does not guarantee profits. We are not responsible for any kind of profits and losses; individuals should consult a financial advisor before making any trading or investment decisions. Based on the chart, we had identified a potential impulse wave pattern from January 2023 to the present. An impulse wave pattern consists of five waves, with each wave labeled (1), (2), (3), (4), and (5). Wave (1): This is the first wave in the impulse pattern and is typically a strong upward trend. In this case, wave (1) appears to have run from the low near 31-32 to a high near 114. Wave (2): This is a corrective wave that moves in the opposite direction of wave (1). It is typically a retracement of wave (1), but it can also extend beyond the starting point of wave (1). Wave (2) appears to have run from the high near 114 to a low near 69. Wave (3): This is the second wave in the impulse pattern and is typically a strongest upward trend that extends most of times. Wave (3) given move from 69 to 283 Wave (4): This is a corrective wave that moves in the opposite direction of wave (3). It is typically a retracement of wave (3). Wave (4) is currently in progress, but at verge of completion now any time. Wave (5): This is the final wave in the impulse pattern and is typically a strong upward trend that completes the pattern. Wave (5) is expected to start soon and could potentially reach the levels of 300 plus. 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_Charts 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_Charts 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.
NASDAQ:COINLong
by RK_Chaarts
EW Breakdown of USDCHF: Eyeing a Move Toward 0.8620Timeframe: 4h (240 min) I have analyzed the wave count by examining a consolidation area with significant trading activity following a sharp decline in USDCHF. Observing the slope of the fall, it appears that this congestion area could represent a correction on the 4-hour timeframe. The wave count indicates that wave B has formed a contracting triangle, with wave (e) of wave B completing at 0.8396 . We are at wave (C), which has can be move forward after breaching a strong resistance of 0.85154 . The currency may have some pullback for the public participation, but it shouldn't exceed the low of wave B. The setup can be formed after the breakout of wave B, for the distance up to 0.8618 . Fibonacci Calculations are given below: Wave C = 1.618 of Wave A Wave C = 0.786 of the previous impulse Wave C = 1.618 of the previous impulse Additional information will be provided shortly.
by Trade-Technique
XLE: Rising Wave PatternTechnical analysis chart of the Energy Select Sector SPDR Fund (XLE), with Elliott wave analysis overlaid. Let's break down the analysis based on the chart and labels: Overall Analysis: The chart suggests a bullish trend for XLE, based on the Elliott wave structure. It indicates that we have completed wave ((4)) of wave V and are now in the unfolding wave ((5)). Within wave ((5)), we have started wave (1), and are currently in wave (3) of (1). Wave Counts and Labels: V Red: This represents the fifth and final wave of a larger Elliott wave pattern. ((4)) Black: The fourth corrective wave within V. ((5)) Black: The fifth and final impulsive wave within V. (1) Blue: The first impulsive wave within ((5)). 1 Red: The first wave within (1). 2 Red: The second corrective wave within (1). 3 Red: The third impulsive wave within (1) (currently unfolding). Price Projection and Invalidation as per Waves: Bullish Projection: The chart suggests a potential target of 105 for wave ((5)). Invalidation Level: A break below 83.02 would invalidate the current bullish analysis. Educational Notes: Elliott wave theory is a technical analysis tool that identifies patterns in price movements based on a series of five waves. Impulsive waves (1, 3, 5) move in the direction of the overall trend, while corrective waves (2, 4) move in the opposite direction. Wave labels use brackets to indicate different levels of analysis. For example, ((5)) is a larger wave than (1). Colors are often used to visually differentiate between different waves and patterns. 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_Charts 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_Charts 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.
AMEX:XLELong
by RK_Chaarts
Tesla are we going to 268 or 272 which one is IT???? Good morning Traders Grab some coffee or a tea and lets get into it First I do a little bit of wave counting to get you up to speed on where we are going and why Second I do some four hour projections and 30 minute to figure out our levels going up Third add in a little spice and throw that pitchfork in to wrap it up all nice Enjoy the video, if you want more videos or different types of videos please let me know in the comments section. My ultimate goal is give you the audience what you need and the skills to become a more profitable and better trader so you too can hit your trading and lifestyle goals Happy hunting for those trades MB Trader
NASDAQ:TSLALong
by Mindbloome-Trading
Nividia How HIGH ARE WE GOING; 135 is on the horizon Good morning Traders Hope you got your tea and coffee ready I recorded a long video for you to give you the scoop from 4 hour all the the way to 30 minute First in store we continued with our wave counting: which we always love :) Second did some projections from our four hour and 30 minute time frame going up Third we put on a pitchfork to wrap it up like a present and for a bonus I threw in where we might expect time wise to hit these levels Enjoy If you have any feedback on what you like , what you want to learn more about or even what you dont like post it below. My simple goal is if I can make better videos for you which helps you become a better trader Happy Hunting for those trades MB Trader Yahoo
NASDAQ:NVDALong
by Mindbloome-Trading
2
BTC & Crypto Market Forecast. 4 Yr Cycle Top and Elliot WavesIn this video, I've pulled up an old chart from 2022 I've had on my desktop (not my original chart) that shows potential Waves 3-5 for Bitcion and the 4 year cycle high time targets. In my new chart, I've re-created this showing that we're ahead of schedule from the dark study, and the 4 year past cycle time targets for reaching ATH around 539 days after the halving. But as we know, we hit ATH's this cycle already BEFORE the halving, so it's unclear how that's going to affect the next phase. It would certainly make sense, that everybody (Big money, smart money and even us dumb money retail traders) will be looking to 'go all in' early... But also to GET OUT early. Remember, it's a game of musical chairs.. and the music is speeding up. For these reasons, and other global economic and political influences... I think we could STILL see a left-translated cycle and a parabolic bull rally going into Dec of this year... Unsure if that would be THE Top, but I'd be looking for some profit taking and correction there, which most likely WILL LOOK like the top. But may not actually be. We may still see the 4 year cycle play out, and continue to push higher until October '25 as the original study suggests (539 days post-halving). On the one hand, some are suggesting a deflationary market bust in early 2025 for both the stock market and Bitcoin / crypto. We'll have to wait and see. But it does look like we're experiencing the Wave 4 pullback, and poised to beging the final Wave 5 phase of the bull-run. What do you think? Would appreciate any likes, comments, or compliments below. Cheer always welcome! To the moon 🚀
BITSTAMP:BTCUSDShort
by BrettFogle
BTCUSD: Key Levels and Projections Based on Elliott WavesBTCUSD has formed a corrective pattern on the daily timeframe, identified as a W-X-Y structure with seven distinct waves. The price found support at the 200 EMA, reaching a low of 49,577 before bouncing back. The sub-waves within this structure are clearly visible, with wave (1) and wave (2) completing at 62,729 and 52,546 respectively. Currently, BTCUSD is encountering strong resistance at the upper boundary of the corrective channel, posing a significant challenge for bullish momentum. Although wave (3) has managed to rise above wave (1), it has not yet confirmed a strong bullish breakout. To establish a decisive upward move, wave (3) needs to hold above wave B and breach the upper boundary of the channel. The breakout can help the price to get 100% of the whole correction. Failure to break out of this resistance zone could result in the corrective structure extending into an X-Z formation, leading to a prolonged consolidation phase. This would suggest more time is needed for the pattern to play out, causing frustration for traders looking for a clear bullish trend. We will provide further updates to our followers soon. - Trade technique by KP
BITSTAMP:BTCUSD
by Trade-Technique
1
Gold Spot Elliott Wave Analysis: Bearish Reversal Ahead ?FX:XAUUSD FX_IDC:XAUUSD PEPPERSTONE:XAUUSD 📊 Analysis Overview: We're seeing a potential completion of the 5th wave in this Elliott Wave structure, signaling a possible end to the bullish momentum. A corrective move down is expected to follow soon. 🔺 Rising Wedge Formation: The price is currently testing the resistance of a rising wedge, a bearish reversal pattern. If this pattern plays out, a break below the wedge's support could signal a sharp move down. 📉 Critical Resistance Level: The key level to watch is $2,564. If the price fails to break and hold above this level, it will likely confirm the start of the anticipated correction. 🔻 Bearish Target: After the 5th wave, we could see a decline towards the $2,350 - $2,400area, aligning with a corrective ABC pattern. 📈 Trade Idea: A potential short opportunity could arise once we see a clear break below the wedge's support. Keep an eye on price action around $2,564 for confirmation of the bearish scenario. --- This analysis suggests a short-term bearish bias after the completion of the current bullish wave. Always ensure proper risk management!
OANDA:XAUUSDShort
by Trwin
1
Are we headed to an incremental new high?With Nvidia breaking tp the upside of the target box for circle-b, that means if we continue to follow through in the Minor B wave, as I am forecasting, we stand an excellent chance to making new all-time highs on a very marginal basis . Nonetheless, this will still be part of the overall primary degree correction that Nvidia is involved in. Read my last post of Nvidia to see the previous target box Larger Timeframe Analysis Showing Primary Degree Correction
NASDAQ:NVDA
by maikisch
From Correction to Impulse: Elliott Waves in Jindal Steel power Technical Analysis of JINDAL STEEL & POWER LTD. based on Elliott Wave Principles This analysis uses Elliott Wave Theory and structures, offering one potential market scenario among multiple possibilities. The information is for Educational purposes only and should not be taken as trading advice . There is always a risk of being incorrect, and users should not make trading or investment decisions based solely on this analysis. The content does not guarantee profits, and we are not responsible for any financial outcomes. It is recommended to consult a financial advisor before making any trading or investment decisions. Introduction to Elliott Wave Theory: Elliott Wave Theory, developed by Ralph Nelson Elliott, identifies repetitive price patterns in financial markets, driven by investor psychology and crowd behavior. Here are some key Elliott Wave rules: 1. Wave 2 cannot retrace more than 100% of Wave 1. 2. Wave 3 is often the most powerful and cannot be the shortest of the impulse waves. 3. Wave 4 should not overlap with the price territory of Wave 1 (except in diagonal patterns). 4. Impulse waves move in five smaller waves (1-2-3-4-5), while corrective waves move in three waves (A-B-C). Wave Counts and Analysis: On the 2-hour chart of JINDAL STEEL & POWER LTD., the completion of Wave (4) in blue is likely at the 896 low. This corrective phase may have concluded, signaling the start of a new bullish impulse wave. Current Structure: Wave (5) in Blue Unfolding We may now be at the start of Wave (5) in blue, which suggests further upward momentum. Within this wave, the internal structure shows: - Wave 1 in red of Wave (5) has been completed. - Wave 2 in red of Wave (5) also seems to have finished, a typical pullback phase. - Wave 3 in red of Wave (5) appears to be starting, signaling a potential strong upward move. Characteristics of Wave 3: Wave 3 is typically the most extended and powerful part of an impulse wave. It often accelerates rapidly, fueled by market sentiment, and can deliver outsized price gains. This wave is expected to push the stock price higher with more conviction. Based on Fibonacci levels, potential targets for Wave 3 are: - The first target could be 1020 (100% Fibonacci extension). - A further target lies at 1076, the 1.618 Fibonacci extension, a common level for extended third waves. - An extended target is 1111 at the 2.0 Fibonacci extension. Moving Averages Confirmation: Adding to the bullish outlook, JINDAL STEEL & POWER LTD. is currently trading above both the 200-period EMA and the 50-period EMA on the 2-hour, daily, and weekly timeframes, which signals strong strength to show upward momentum across multiple timeframes. The alignment of these exponential moving averages (EMAs) indicates that the stock is maintaining long-term support, which provides additional strength to the current bullish wave count. Critical Level to Watch: 988 Once the price closes above the 988 level, we can expect further confirmation of strength. This price level is crucial as it would signal a breakout, paving the way for additional bullish momentum and targeting higher Fibonacci levels, such as 1020, 1076, and 1111. Invalidation Level: The wave count remains valid as long as the price stays above 896, the low of Wave (4) in blue. A break below this level would invalidate the current wave structure, implying that the bullish trend may be in jeopardy. Summary: In conclusion, JINDAL STEEL & POWER LTD. appears to have completed its corrective Wave (4) in blue, with the price now starting to unfold into Wave (5) in blue. With Wave 1 and Wave 2 in red complete, the stock is likely entering Wave 3 in red, which typically exhibits strong price advances. The stock’s upward trajectory is supported by its position above the 200-period EMA and 50-period EMA across multiple timeframes (2-hour, daily, weekly), further strengthening the bullish case. Key levels to watch include 1020, 1076, and 1111, while 988 acts as a near-term breakout level. The invalidation point for this wave count remains at 896. 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_Charts 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_Charts 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.
NSE:JINDALSTELLong
by RK_Chaarts
3
$AVGO | Watchlist | Buy Limit |Technical Confluences: - Stochastics is moving towards Oversold conditions - Elliot Wave count seems to have completed a Wave 4 (A,B,C count) and is starting it's Wave 5 move (assuming it is not an extended Wave 4 - Price has formed new Supply Zone area with the price rejecting that Zone 3 times and has formed a descending Trendline Fundamental Confluences: - Broadcom is considered a leader in semiconductor domains and it has a diverse product range; making them sought after in technological ecosystem - Good management team that focuses on M&A for strategic growth and market pentration - Good amount of FCFs which helps in their dividend policies ----- NASDAQ:AVGO will be releasing it's earnings soon and if there is any opportunity arising, I have placed orders to buy AVGO at my Buy Limit Zone areas. If earnings is stellar, price should continue to test the Supply Zone again and if that breaks, I will likely aim for a Buy Stop order above the Supply Zone. Will be putting this on my Watchlist. -----
NASDAQ:AVGOLong
by weekendanalyst
Dell (DELL): About the wild ride - what's next after a 31% pump?No way Dell follows the analysis like this for months 😳 We told you about the wave B at the top, the wave ((ii)) a little lower, and our must-hold zone was just barely tagged—and now it’s pumped 31%... Incredibly accurate, but we didn't enter as this stock is too volatile for us personally. Still, we’re going to monitor it from time to time for you because it remains highly interesting. After the latest surge, we’re expecting a pullback for wave ((ii)). The best case for this pullback would be the golden pocket between the 50% and 61.8% Fibonacci retracement levels. That said, this stock is very volatile, and it could pump even more before coming down to make this essential pullback.
NYSE:DELLLong
by freeguy_by_wmc
4