Meta long-term EW-Analysis

Meta long-term EW-Analysis

This chart represents our primary long term expectations for Meta. 

Meta has nearly completed its first impulsive sequence as yellow wave 1 representing the highest degree cyclewithin this analysis.

Within this structure, Meta developed a strong impulsive advance:

  • A sustained rally in green wave 1,
  • Followed by a corrective retracement in green wave 2,
  • Then an extended and highly bullish move in green wave 3,
  • And a sideways-to-down correction in green wave 4.

Currently, Meta is unfolding its final green wave 5 to complete the overall advance of yellow wave 1.

We anticipate Meta to break above its all-time high at $796.25 (highlighted in neon green), thereby finalizing the green impulsive cycle and completing yellow wave 1 of the higher degree.

 

Trading Plan:

In our mid- to short-term Elliott Wave update, we will provide more granular details on potential entry zones and buying opportunities within this structure.

For the time being, we recommend waiting for confirmation of a decisive breakout above the all-time high, signaling the completion of yellow wave 1. Once this advance concludes, we will outline the retracement target zone where we expect yellow wave 2 to unfold — a region likely to offer renewed bullish momentum and favorable entry setups for the next big impulsive cycle.

 

Keep in mind:

This outlook reflects our primary expectation for Meta`s long-term performance. Always ensure that you review our long-term projections first before moving on to our mid- and short-term Elliott Wave analyses.