ImpulsiveWaveTrading

MSTR : We cannot ignore the downside risks at this point. With $430.35 intact, MSTR is poised for a significant downward move toward the March lows or lower to complete wave (C) of a simple zigzag correction.

TSLA : The stock failed to recover last week and registered consistently lower swing highs. Unless we see a decisive breach of $250, lower lows are on the table.TSLA - Must print above 274.68 to rule out this bearish triangle scenario. The post-earning move will clear out the picture. Whatever rallies we get in the past days will be short-lived and not the start of a new uptrend.

Potential Peak in place following a completed five-wave advance with an ending diagonal in the fifth-wave position. The uptrend has indeed entered its mature stage.The short-term pattern invalidated however the mature uptrend reached its peak and the current pullback is satisfactory. We expect a corrective rebound to set the stage for a one more leg down towards 3000 - 2800 range.

XAUUSD - The higher degree wave ((3)) from the weekly timeframe has peaked. Trading out of the channel's lower boundary and then below 3012 will be additional bearish evidence a larger wave ((4)) is in play.XAUUSD - Trading below the channel's lower boundary will be additional evidence a larger correction in wave ((4)) is underway.

TSLA - TSLA - A sustained breach of $269 opens the path for a gap fill towards 250-244.TSLA - 269 is taken out and price is trading below. If we get a 4-h / D close below this level that Tesla will aim for gap fill at 250 next.TSLA - Gap is filled. Bearish outlook will continue against 290 but the scope of the analysis was to show the gap-fill goal.

XAUUSD - Quick discussion on the post-triangle thrust rally; ideal target and the line in the sand.#Disclaimer - This analysis is for educational purposes only and should not be construed as trading or investing advice.

QQQ - The rally off of the lows has been in three waves thus far. For the downtrend to continue, price must take out 472.88 . If not, the market could unfold a double zigzag or a more bullish scenario, i.e. a 1-2/i-ii setup.QQQ - With 472.88 taken out, we have confirmation the rally was in three waves. Lower lows next unless it turns into a larger Flat or Double Zigzag which will simply prolong the inevitable.QQQ - Lower lows remains the goal as long as 472.88 stays intact and act as resistance.

XAUUSD - In a nutshell, the net session volume should stay above the 0 line for the buyers to continue pushing prices higher.

XAUUSD - A barrier triangle wave ((iv)) likely done at 3012. The post-triangle thrust will see price above the previous high.XAUUSD - Looking for at least 3076 which is the 61.8% Fibo relationship between ((v)) and ((i)).XAUUSD - With 3076 being tested, the trade is nearing its end. Current pullbacks must avoid overlap with 3058 to keep the wave ((v)) going for another run close to 3100. Should the overlap occur then expect larger drops over the coming days.XAUUSD - A beautiful thrust that has reached the ideal target at 3116. Done for now.

TSLA has completed an ideal double zigzag rally from the lows. Breaking below 271.28 will open the path for a larger down move; however, lower lows will be confirmed upon a breach of the 233 handle.TSLA - 271.28 is taken out. Next up we've got the gap at around 250.TSLA - The strong rebound from circa 271 requires us to remain on the sidelines. Trade is partially successful.