Downloading...
Download

Targetanalysis

TARGET $TGT - Mar. 25th, 2024TARGET NYSE:TGT - Mar. 25th, 2024 BUY/LONG ZONE (GREEN): $170.50 - $184.00 DO NOT TRADE/DNT ZONE (WHITE): $163.25 - $170.50 SELL/SHORT ZONE (RED): $150.25 - $163.25 Weekly: Bullish Daily: Bullish 4H: Bullish NYSE:TGT had strong bullish momentum on March 5th, we saw a slight pullback after with steady bearish structure on the 4H timeframe, and then a break back above structure to create a new bullish zone to begin looking for entries. The DNT zone is marked in the event of a breakdown of the bullish structure. The bearish trend would begin at the bottom of the overall structure of the previous bear leg. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trend analysis, technical indicators, support and resistance, targetstock, tgtstock, NYSE:TGT , tgt, target, retailstocks, supermarketstocks, walmart, costco, NYSE:WMT , NASDAQ:COST , targetanalysis, targettrend, targetlong, targetshort,
NYSE:TGTLong
by TonyAiello
ETH, Where to Buy the Dip ? ETH is most likely correcting 5 years up going wave ! is the correction over? Most probably NOT. ETH at ATH more than likely completed an impulsive section of a wave cycle and currently is in the corrective section. Normally in simple form, corrections have 3 legs with two legs down and one leg up in between. As shown on the chart , it is very possible for ETH to be in the third leg of the ABC form of correction (C) after completion of first two legs (A and B). ETH got hammered at 50 % Retracement of down going wave A which is acceptable and also typical for a zigzag correction. If we skip some unusual types of zigzag correction, ETH should normally make a new low at lower Retracement levels shown on the chart. So, Our " Buy the Dip " targets will be 1863 and 1046 USD corresponding 0.618 and 0.786 Retracements of 5 years up going wave respectively. After end of correction, if we are going to have a normal ascending wave cycle , there will be a shining chance to invest on ETH. It may see some unbelievable targets above 10000 USD ! I have to emphasize what has been discussed is the most probable scenario . We know that waves, especially in corrective phase, can take many complicated forms. Should it need any update, we will provide in appropriate time. Hope this to be useful and wish you all the best.
COINBASE:ETHUSD
by SaeedSajedi
7
Long Term GOLDEN Road !Gold price has been always in center of attentions ! What will be the road map of the gold in long term ? Gold has started it's ascending journey when it was decided for it's price to be determined by free supply and demand market in 196-70 decade. Since then it's long term up trend has started with the first up going wave termination at around 200 and it's corresponding correction down to 100. After end of this correction on Aug 1976 a new larger both in price and time up going wave ( with same wave degree ) started which is still in progress and will push up the gold price above 2000 and more accurately to 2158-2477 target zone. This large size up going wave has been beautifully subdivided to 5 legs forming a classic example of impulsive Elliott waves and we are currently in wave 5 of this wave. Our target price which is strong resistance zone obtained by cluster of Fibonacci levels related to wave 5 target analysis. This zone is formed by 1.272/ 1.618 extension of circled wave 4 and 0.618/0.786 projection of circled wave 1-3. After hitting the target and completion of the about half of century up going wave a considerable correction will start which can push down the gold price to around 1200 USD ! After this large correction, final ascending wave up to new ATH will show it's great and maybe complicated move. This will be the end of larger degree impulsive wave started from it's free price trade ! Few people can even imaging how disastrous might be the following fall !!! Please note this is monthly time frame analysis which means it does not consider daily or even weekly fluctuations in gold price . Every candle in the chart is one month so as I mentioned in first paragraph of this publication, this is GOLD ROAD MAP ! and can not be used for short term or even mid term trades.I also have to add this is most probable scenario which means there are of course, some alternatives. Good luck and wish you Golden moments.
TVC:GOLD
by SaeedSajedi
7
LIN, We watch this SHORT trade setup closely ! LIN is showing a nice SHORT setup ! however , entrance has not yet triggered ! What are entry triggers? Lets follow and see. As shown on the chart , Wave 2 or B was a real bull trap ! it Retraced back around 0.786 of wave 1 or A. After completion of the mentioned bull trap a considerable decline started which can be labeled as wave 1 of 3 or C. This implies that more than likely we are in internal waves of down going wave 3 or C. After market bounce , LIN has so far corrected 0.382 of wave 1 of 3 or C which can be acceptable for completion of counter trend correction however, we should smartly keep in mind that higher prices (310 or 317) corresponding to higher Retracement levels (0.5 and 0.618) are also possible for completion of counter trend correction which will be labeled as wave 2 of 3 or C. As currently, there are several possibilities we should watch stock closely and trade smartly . Triggers and conditions for opening or not opening a short position are described as followings : 1. A closed candle below 293 ( Related candle is remarked on the chart) is necessary to open an acceptable short position ! in this case our stop loss is 305 . 2. A closed candle below 283 confirms the completion of wave 2 of 3 or C. In this case we can enter more safely but our stop loss is still 305 ! This example shows how traders can adjust and manage their risks. This entry is more safe in terms of Elliott waves but poses more loss in case of stopping out. Choosing between these two entry points depends on trader's risk acceptance and personality. 3. A trade above 305 before fulfilling our entry conditions changes the trade set up ! and we will cancel our orders and still try to watch it closely to capture another safe short setup ! Please remind that higher prices (310 or 317) for completion of wave 2 of 3 or C is still possible ! 4. If this trade setup works, our targets will be 215 and 200. This publication shows how we should follow and watch stocks to find a low risk trade setup. I myself think LIN will see 215 or 200 or even lower prices however we have to trade based on facts and figures. We can enter into the trade only when facts confirms our beliefs. Please do not hesitate to ask questions if you find it necessary. Good luck every body and wish you huge profits.
LShort
by SaeedSajedi
6
ETSY, Another successful prediction using Elliott waves !It was unbelievable talking about 70 USD as a major low when it was at 166 USD or even at ATH (See related ideas) ! however we predicted it carefully and time proved the power of our analysis. Also I warned about possibility of a major fall when it was near ATH as my worst case scenario : This is not to give myself a compliment ( Although some may believe I deserve it) . This is to provide you an example which shows the power of Elliott waves for major predictions ,of course, if used correctly. Please note I do not claim that predicted upside move began from last major low will continue and it will not make a new major low. As written in the chart, there are some alternative scenario for now. For example a wave X can be formed which connects two corrective patterns however, as amount of Retracement in ETSY is enough and acceptable there may be a time correction in future considering general market condition. And please note this is not a LONG position recommendation since ETSY is now far from last major low ( Although it may go higher) If you are going to open a long position in this stock it is wise to wait for a major correction and Retracement. It is worth to keep in mind usually wave 2s Retrace much of wave 1. This means if being patient enough ETSY can be bought in lower prices. Good luck everybody.
NASDAQ:ETSY
by SaeedSajedi
20
AMR, Strong bearish candle below 143 triggers a safe short entryAMR MAY offer a fresh chance for opening a short position ! Stock has recently lost 50 day moving average which now acts as strong resistance . Stock struggled 4 days to take this previous support back and was not successful at all . AMR also, lost the last low ( marked by arrow ) which is a sign of trend reversal . In addition, It has completed the pull back to both lost low ( related resistance has been shown as a horizontal red line) and 50 days moving average. Only remaining condition for opening a safe short position is a strong bearish candle below the cluster of candles shown by a circle. Stop loss can be a bullish candle above mentioned cluster and 50 days moving average. First target is around 104 and second target is around 70 therefore Reward/Risk ratio is extremely high . I myself took higher risk and already opened a short position by using Elliott waves in Hourly time frame which can be reasonable considering market condition and sentiment however, more safe entry condition is explained above. Hope this to be useful and wish you huge profits.
NYSE:AMRShort
by SaeedSajedi
21
What is Potential Reversal zone and how to make it?How can we find a Potential Reversal Zone? Is it enough to just make a simple Retracement or we can make our support zone narrower? how can we be more confident about our possible supports? What are Fibonacci levels for different types of Fibonacci and what are typical ones among them? How can we implement different wave degrees to make our PRZ even stronger? You can find answers to all above questions in this video. I hope you to enjoy this video and wish you all the best.
NASDAQ:TSLAEducation
by SaeedSajedi
13
BROS, A descending Anti cycle may develop !Hello my friends. This is for informing you that a descending anti cycle may develop in BROS ! Lets keep talking about what is an anti cycle for an appropriate time. I may devote one of my "Educational Publications " to this very interesting topic. For now lets consider this is a real probability and we are trying to make profit from a short position: Sell point : 48.95 which has already past Stop loss : 57.1 Long term target : Below 20 Good luck everybody.
NYSE:BROSShort
by SaeedSajedi
2
LUNA, Major drop MIGHT be on the way !LUNA is on the danger of major drop ! LUNA in most probable scenario has completed impulsive section of a wave cycle and currently is in the major correction. Decline from ATH to around 75 USD stopped by reaching to 0.382 Retracement level of shown 12345 up going wave !. As I see, continuation of down trend to lower Fibonacci level is on the way . I tried to show the probability of drop by thickness of arrows. Thickest one is the most probable target and narrowest is the least. Like many others, LUNA will show a massive bull run after end of correction. ( See related ideas for details.) Why I used " MIGHT" on the title ? since there is a Best case scenario which is good news for bulls. There is possibility that LUNA is just correcting final move up from 43.44 to ATH . In this best scenario LUNA will never go below the labeled wave 4. Currently, I see this best case scenario as the least probable. Hope this analysis to be useful. Thanks for the reading and wish you all the best.
by SaeedSajedi
22
BITCOIN, May fall terribly ! This is a real warning !BTC is more than likely completed an impulsive section of wave cycle and currently is in a major correction to complete a wave cycle. What I see know as most probable scenario has been shown on the chart. The key to the prediction is what I labeled as circled wave 2 . Some may argue this is a wave 2 but a smaller degree wave 2 which means another large up going wave is still on the way to complete the impulsive section of the wave cycle. They may be true (I myself, was seeing this part of the chart like this before) however , I see now this correction as a double failure flat correction which in this case BTC may fall to 26357 or even 14765 corresponding 0.618 and 0.786 Retracement of whole up going wave from start of transactions to ATH. (Note in both scenarios a decline to 26357 is possible and predicted). What is a double failure flat correction is beyond the scope of this analysis but, Keep it in mind this is a real possibility which implies for a dramatic fall. Needless to say, If this scenario happens there will be a shining chance to invest on BTC after end of correction ( next large degree wave 3 is shown on the chart). Hope this to be useful. Please set your stop loss carefully if you decide to open a long position in this market. Good Luck.
INDEX:BTCUSD
by SaeedSajedi
11
BTC, The KEY to unlock the FUTURE is hidden in the PAST !We can never predict the future without looking to the past ! Many analysts and traders are involved these days in latest short or mid term trend lines or small scale channels. They may use some other tools like Ichimoku clouds or pitchfork for opening a long or short position however, non of them can give us an insight to what is happening in BTC these days. In fact, we can never solve the problem looking to recent chart . We have to analyze the past to unlock the future. What has been going on BTC between Dec 2017 and Mar 2020 is our important key ! how? Lets go through the analysis and find answers: I have shown two possible wave counts for BTC on weekly chart . Both have their supporters these days. Which one is correct? We are in the world of possibilities not certainties. I myself, have my own idea about this and devoted my last publication (see related idea for details) to this subject and also I have my own reasons for that which is beyond the scope of this publication. Here, we are going to discuss these two possibilities. Left side chart: In this chart, BITCOIN has completed an impulsive section of a wave cycle and now is in the major correction! This analysis takes all time between Dec 2017 and Mar 2020 as a double failure flat correction . In this case, BTC may fall to 26357 or even 14765 to complete the major correction. A great chance for long term investment is waiting for smart investors at the proposed supports. Right side chart : In this one, some may take price moves between Dec 2017 and Dec 2018 as circled wave 2 (Primary degree), the up going move form Dec 2018 to June 2019 as smaller degree wave 1 (intermediate degree ) and finally decline form June 2019 high to Mar 2020 low as smaller degree wave 2 (Intermediate degree). In this scenario, supporters are waiting for another profitable up going wave (which is primary degree wave 5) to complete the cycle degree 5 leg up going impulsive wave. Whats are implications ? : It is obvious that each scenario calls for a specific actions for traders and investors. Following are implications : Left side chart with flat correction : First : There will be a great chance for long term investors at the end of correction at proposed supports. Second : There may be a considerable decline from current price down to next Fibonacci levels shown on the chart. Third: As it is correcting about 10 years impulsive wave , correction duration may be much higher than just 6 months ! Righ side chart with smaller degree wave 2 : First : Maximum correction will be at 28283 USD corresponding to 0.618 Retracement of intermediate degree wave 3. Based on Classic Elliott , this is the last acceptable level for a wave 4 correction and it most probably will be a shadow in daily time frame touching this price. This also respects one of important Elliott wave guidelines which says larger degree wave 4s terminate at territory of smaller degree wave 4s and usually at their bottoms. Second : Correction may be completed at 32933 corresponding to 0.5 Retracement of intermediate degree wave 3 . This level is also in territory of smaller degree wave 4. Third: There will be a huge decline after making a new ATH which suggest a great sell opportunity . Fourth : This is not a long term investment chance. Is there any practical similarity between two scenarios? Yes. They both suggest 26000 - 28000 USD as strong buy zone. My final point : Please note both chart just show ascending complete cycles . We have some other types of cycles with descending Anti-cycle as the most dangerous one. It means BTC chart can take some other unusual forms which we skip them for now. I will update my analysis if necessary in appropriate time. Thanks for the following and good luck.
INDEX:BTCUSD
by SaeedSajedi
10
How to use different types of Fibonacci in TradingViewWave Relationships and their relation by Fibonacci Ratios are among the most helpful tools for target prediction. There are different types of Fibonacci and different tools with different names in different software packages. This may make users somehow confused . Here, we try to shed some light on various mostly used Fibonacci types and explain their usage for target prediction. Also we explain their related tool in TradingView and their way of implementations. As shown on the chart, there are four main types of Fibonacci : 1- Internal Retracement 2. External Retracement (Extension) 3. Expansion 4. Projection Before going through details, it is worth to mention that knowing wave relationships is a key to implement Fibonacci tools accurately. Different types of wave relationships is beyond the scope of this publication. Here, for simplification, we show most simple type of wave cycle which is ascending complete cycle with one 5 leg up impulse and one abc form of correction . Also, we try to explain more typical Fibonacci Ratios for target prediction and skip less often ones. 1. Internal Retracement: This is simply for calculation of the amount of correction in the main trend. It means we can predict where a counter trend correction may end. As shown on the chart, it can be used for target prediction of wave 2 and 4 in an up trend and also wave B in a down trend. It can also be used for calculation of end of wave C which is the end of correction of whole up going wave. Green arrows on the picture show the direction of using this tool which is "Fib Reracement" in TradinView. For example, we put first point at the start of wave 1 and second point at the end of this wave for obtaining possible targets for wave 2 and so on. Wave 2 can end at 0.382, 0.5, 0.618 and 0.786 Fibonacci Retracement levels of wave 1. Fibonacci levels at which wave 2 ends can send us a signal about the amount of next waves. This is again beyond the scope of this publication. Wave 4 can typically end at 0.382 or 0.5 Retracement of wave 3. Less and more amount of Retracements are also possible, but those make wave relations more complicated and does not match with our simple shown example. Wave B typically corrects 0.382 , 0.5 and 0.618 of wave A in a simple zigzag correction. More Retracements signals for more complicated corrections e.g a flat correction. Wave C Retracement levels are similar to wave 2 in shown wave cycle since it is end of a larger degree wave 2. 2. External Retracement: This Fibonacci which is also called " Extension" can be used for calculation of end of wave 3 or 5 in an up trend and end of wave C ( which is end of whole correction) in a down trend. We have same tool as internal retracement in TradingView however ,unlike internal Retracement, an extension should be drawn from a high to a low in an up trend and vice versa as shown by green arrows on the related figure. Wave 3 Fibonacci Ratios by extension depends on the amount of wave 2 correction. For example, 1.618 or 2.618 extension of wave 2 can be the target for wave 3. Robert. C. Miner has proposed a very useful table for targets using external retracement. Wave 5 typical targets are 1.272, 1.414 and 1.618 extensions of wave 4. This ratios are also the same for calculation of end of wave C. 3. Expansion: Based on my experience, Fibo expansion is most useful when we have over extended waves for example over extended wave 3. In this case , 1.618 or even 2.618 Fibo levels can be the typical targets. Related tool in TradingView is Trend-Based Fib Extension. Please note that this tool in TradingView is a three point Fibonacci while expansion is two point Fibonacci tool. Therefore, Implementing this tool for obtaining Expansion levels is a little tricky. For example, for calculation of wave 3 we should put first point at the start of wave 1 and double click on end of wave 1. There are also more details in implementing Fibo expansion for example we have different types of Fibo expansion. We can skip details here to keep this publication as simple as possible. 4. Projection: This is the only 3 points Fibonacci that we have. Some software packages call this Fibonacci as Expansion !!. Its related tool in TradingView is Trend-Based Fibo Extension. It is a very useful tool for calculation of end of wave 3, 5 and C. Again green arrows show how to use this tool . For example, For wave 3 target calculation we set first point at the start of wave 1, second point at end of wave 1 and third point at the end of wave 2 or start of wave 3. 1.618 and 2.618 Fibo levels are typical for end of an extended wave 3 when using Fibo projection. 100 % Projection of wave 1 from low of wave 4 is a typical one for end of wave 5 target. Also 0.382 or 0.618 projection of wave 1-3 from low of wave 4 is a helpful ratio for wave 5 target calculation. For a wave C, most common projection is 100 % of wave A from top of wave B. How to make a Potential Reversal Zone ( PRZ) : We can make our potential reversal zone stronger by combining all proposed tools . Take another look at the figures. What can we see? yes. We know four tools now for calculation of end of wave C. Suppose how strong a possible buy zone can be when 4 different tools suggest it as potential reversal target ! Hope this to be helpful. Please do not hesitate to ask questions if you feel need to ask. Good luck every one.
NASDAQ:TSLAEducation
by SaeedSajedi
3
A closer look to our GOLDEN ROAD !Amazing results on target analysis ! We reached to 2158-2477 target zone for GOLD on our monthly time frame analysis ( Please see related idea ). Can we narrow out target zone ? Lets follow !. Today we have a closer look to our golden road on weekly time frame. Amazing results !. we calculated two PRZ (Potential reversal zone ) in monthly time frame. First one was 2158 to 2171.88 and second one was 2461 to 2477 . Now what we have on our weekly analysis? We have again two PRZ. First is 2146 to 2171.09 !!!! and 2nd is 2267 to 2284 ! therefore, not only we made our target zone narrower but also found our first PRZ much much stronger ! beautiful ! How we reached to these two PRZ on our weekly time frame analysis ?. Details are shown on the chart. As we mentioned in our last publication, currently we are in circled wave 5 of a long term impulsive wave started at 100 . Onset of this circled wave 5 is shown on the chart. So far, our circled wave 5 has completed it's inner and smaller degree waves (1), (2), (3) , (4) and now is on it's final wave (5) . Our PRZ obtained by confluence of typical Fibonacci levels of wave 5 calculated based on relation of internal waves of circled wave 5 which are waves (1), (2), (3), (4) and (5). Are we able to make our analysis even more accurate on smaller time frames? Of course we are ! We can do it later on daily time frame and by analyzing internal waves and subdivisions of wave (5) in appropriate time! Follow our ideas and we let you know our views in a right time . Good luck everyone.
TVC:GOLD
by SaeedSajedi
2
Bitcoin, Major Buy Zone and Target! Are we prepared in advance?Are we inside a major correction ? Lets follow ! BTC more than likely has completed a wave cycle at 69000 USD on 1 Nov 2021. This wave cycle started at 1 Aug 2015 at 162 USD ! What does it mean? It means we are probably inside a major correction which can push down price to 26458- 34581 buy zone corresponding to 0.618 and 0.5 Retracements respectively! Please note BTC has already made 0.382 retracement of mentioned cycle and this retracement is acceptable for this correction with respect to its place in wave cycle (wave 4) . Therefore, I will not be surprised if we see a new ATH without going lower although character of down going wave suggests that it probably goes to shown support on the chart. As a guideline wave 4 of larger degree waves ends in territory of smaller degree wave 4 and usually terminates at it's end. This even makes our proposed support stronger ! It is worth to note there are some other alternative scenarios !. Interesting point is all those scenarios suggest the shown support as a strong one ! So, I just simply exclude those scenarios from chart to keep it clean. If true , BTC will start an up going wave up to 78000-94000 USD after completion of correction. This proposed target zone is a broad one for now. We can make it narrow later . Hitting the target makes another larger degree wave cycle complete (started on 1 Nov 2011) and triggers another major correction. We will have an update in appropriate time. Hope this analysis to be helpful ! As always we are prepared in advance to make our profits ! Right?
INDEX:BTCUSD
by SaeedSajedi
6