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Elliott Wave

OMUSDT → Flag (correction) before the rally BINANCE:OMUSDT still looks quite interesting. Consolidation in the flag format is forming within the bullish trend. The structure looks strong especially against the background of a weak altcoin market Bitcoin after Trump's speech yesterday was able to overcome local resistance and entered the buying zone. If the price can hold above 96.5 - 97K and continue its growth, some altcoins may have a bullish driver, which could push them up in general, including the already strong OMUSDT Technically, the focus is on the local descending flag channel, within which there are two key supports 7.324, 7.213. A false breakdown could trigger a continuation of the upside. Resistance levels: 7.755 Support levels: 7.324, 7.213 The trigger for growth continuation in our case is the channel border and resistance at 7.755. At the moment, we are still far from this zone and the coin is heading towards the support. A retest of the liquidity zone may end with a bullish impulse. Regards R. Linda!
Long
by RLinda
8
Wave 3: The Moment of TruthWave 3 has awakened. This is not just another move, not a fleeting rally. It is the raw force of the market in its purest form. Everything Wave 2 tried to suppress—fear, doubt, hesitation—is now a thing of the past. The correction served its purpose: to separate the weak from the strong, to prepare the ground for the inevitable. But now, Wave 3 takes control. No resistance can hold it back, no barrier can stand in its way. This is the moment when the trend is no longer a possibility but an undeniable reality. It is the phase where those who believed are rewarded, where patience transforms into power. The stored-up energy is unleashed with force, with urgency, with direction. Those who doubted will watch in awe. Those who endured will feel certainty coursing through their veins. This is the moment that defines history. Wave 3 does not ask. Wave 3 dominates.
Long
by BenjiQ
1
Boeing Wave Analysis – 20 February 2025 - Boeing reversed from the resistance zone - Likely to fall to support level 177.10 Boeing recently reversed down from the resistance zone between the multi-month resistance level 187.45 (which has been reversing the price from last July) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the C-wave of the previous ABC correction (2) from November. Given the strength of the resistance level 187.45 and the overbought daily Stochastic, Boeing can be expected to fall to the next support level 177.10 (low of the earlier correction ii).
NYSE:BAShort
by FxProGlobal
Copper Elliott Wave Forecast: Bullish Breakout Targeting $5+Copper’s Elliott wave price structure suggests a completed contracting symmetrical triangle (ABCDE) correction, followed by the start of a five-wave impulse. The chart shows: Primary Degree Count: The rally from the $4.00 low (Wave E) marks the start of a five-wave impulse pattern. Intermediate Degree Count: Wave (i) of ((iii)) topped at $4.8346. Wave (ii) of ((iii)) is in progress, likely finding support above $4.42-4.54. Wave (iii) of ((iii)) is expected to extend toward the 1.618 Fibonacci extension level (~$5.00). Wave (v) of ((iii)) could reach the 2.618 Fibonacci extension (~$5.59). The Relative Strength Index (RSI) shows overbought conditions, suggesting a short-term correction before the next rally. COPPER'S ALTERNATE COUNT There is an alternate count we are keeping an eye on (labeled in red). The alternate count would suggest that the February 14 high was wave ((iii)) and a sideways grind is unfolding in wave ((iv)). This sideways grind would need to hold above $4.46 to remain valid. The alternate count would imply a more mature advance with less upside potential. BOTTOM LINE Copper’s Elliott Wave count suggests an impulsive rally targeting $5.00+. A corrective pullback toward $4.42-4.54 offers potential buying opportunities. Bulls remain in control unless price drops below $4.18.
FX:COPPERLong
by JWagnerFXTrader
2
Bitcoin’s Bullish Patterns_Ready for a Breakout!?As I expected in the previous post , Bitcoin( BINANCE:BTCUSDT ) approached the Heavy Support zone($93,300-$90,500) and Support lines but quickly started to rise. Bitcoin is moving in the Support zone($96,150-$94,700) . And in this increase of Bitcoin in the last few hours, we can see the Morning Star Candlestick Pattern well in the 2-hour time frame . Educational tip : The Morning Star is a bullish reversal candlestick pattern that forms after a downtrend, consisting of three candles: a large bearish candle, a small indecisive candle, and a strong bullish candle. It signals a potential trend reversal and growing buying momentum. In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming the Descending Broadening Wedge Pattern , which can be a sign of Bitcoin's increase . According to the theory of Elliott waves , it seems that the entire corrective waves inside the descending channel were all in the form of a Zigzag Correction(ABC/5-3-5) so that it seems that Bitcoin finally completed the main wave C in the previous hours. If Bitcoin breaks the upper line of the wedge pattern, we can confirm the end of the main wave C . I expect Bitcoin to be able to touch the Targets I specified on the chart AFTER breaking the upper line of the Descending Channel . Note: If Bitcoin goes below $94,400, we expect more dumps. Do you think Bitcoin can finally break out of this Descending Channel? Pump or Dump? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
19
TRBUSDT on the Verge of a Major Move – Breakout or Breakdown?Yello, Paradisers! Is TRBUSDT gearing up for a bullish breakout, or is a deeper retracement coming? Let’s break it down. 💎TRBUSDT is forming an ending diagonal while showing bullish divergence, increasing the probability of an upward move. But for this bullish scenario to play out, we need confirmation. 💎If TRBUSDT breaks out and closes candle above the resistance level, the probability of a bullish move strengthens, setting up a potential wave 4. 💎However, if the price retraces further, we could still see a bounce, but given the broader market conditions, this would be a low-probability setup. 💎On the flip side, a breakdown and candle close below support would invalidate the bullish outlook, signaling that it’s safer to wait for a better price action structure before taking any positions. 🎖Remember, patience and disciplined execution are what separate winners from the rest. Stay sharp, Paradisers, and don’t let emotions dictate your trades! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Gold’s Rally Continues – Next ATH?Gold ( OANDA:XAUUSD ) again managed to form a new All-Time High(ATH) . Are you used to this? Gold has already managed to break the Uptrend line . But as long as Gold is above 100_SMA(1-hour) , we can hope for the continuation of the upward trend . According to the theory of Elliott waves , Gold seems to have succeeded in completing the main wave 3, so that the main wave 3 was extended . I expect Gold to start rising again after a temporary decline from the levels I charted and create a new All-Time High(ATH) . Note: If Gold can go below 100_SMA(1-hour) again, we should expect more dumps. Be sure to follow the updated ideas. Gold Analyze ( XAUUSD ), 15-minute time frame. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
1
GOLD → Updated to the max. Growth may continueFX:XAUUSD updates its high to 2955, entering a clear zone where nothing prevents the price from continuing its rise. Economic risks and the dollar correction are still supporting the price of the metal Investors are seeking refuge in gold amid Trump's threats to impose another tariffs as early as next month. Markets remain under pressure due to a lack of support from China and tensions between the US and EU over peace talks with Russia without Ukraine. Although the Fed meeting minutes have gone unreported, investors remain focused on tariff negotiations, expecting gold prices to rise further amid market uncertainty Technically, the strong bullish trend and rally continues. Focus on key levels and local range 2955 - 2946 Resistance levels: 2955 Support levels: 2946, 2938 The price is pinned at 2955, the next trigger, the breakdown of which will provoke the continuation of growth. But before that the gold may test the support zone 2946 - 2938. The growth may continue after a false breakdown of support. Regards R. Linda!
FX:XAUUSDLong
by RLinda
5
Eastern & Oriental Bhd - Potential Bullish Reversal Pattern# Technical Analysis: Eastern & Oriental Bhd (E&O) - Potential Bullish Reversal Pattern Looking at the E&O chart (ID: MYX), I can see that the stock is currently trading at 0.845 MYR, up 0.030 (+3.68%). The chart shows several key technical patterns and trade setups: ## Current Position Analysis - Trading near support at 0.845 MYR - Open position: 2,105 shares - Target price: 1.105 MYR (+30.18%) - Stop loss: 0.755 MYR (-11.24%) - Risk/Reward ratio: 2.68 (favorable) ## Technical Indicators The price action is currently showing signs of a potential reversal, with: 1. Multiple moving averages beginning to flatten and potentially cross 2. Price testing a horizontal support zone (highlighted in blue) 3. Recent bounce from support with increased volume ## Long-Term Perspective The chart displays a complete market cycle from 2023-2025: - Strong uptrend through late 2023 into early 2024 - Distribution phase in March-April 2024 - Downtrend through mid-2024 - Current consolidation/potential accumulation phase ## Trading Signals Several key sell signals were triggered at the top, with more recent buy signals appearing near support. The drawn trendlines suggest a large descending triangle that may be resolving to the upside if support holds. ## Outlook The current setup appears to be forming a potential inverse head and shoulders pattern with: 1. Left shoulder (October-November 2024) 2. Head (December 2024-January 2025) 3. Right shoulder forming now (February-March 2025) If price breaks above the neckline with increased volume, the measured move target of 1.10 MYR appears reasonable, aligned with the charted target price of 1.105 MYR.
MYX:E&OLong
by pengamalgelombang
GOLD → ATH Retest. High chance of breakout and growth to $3KFX:XAUUSD has again approached ATH 2938 - 2942. This yours increases the chance of resistance breakout and further growth. We are getting closer and closer to $3000 The market maintains recent gains as it awaits the release of minutes from the January Fed meeting and news of Trump's tariff plans. The US President threatened to impose duties on pharmaceuticals and chips, and confirmed the imposition of tariffs on automobiles from April 2, which strengthened demand for defensive assets. The lack of progress in peace talks between the US and Russia has also supported gold prices. However, traders are cautious ahead of the release of Fed minutes, which could cool expectations of rate cuts this year. Technically, all eyes are on the conglomerate resistance at 2938 - 2942. A breakdown and consolidation of the price above this area will provoke further growth Resistance levels: 2938, 2942 Support levels: 2924, 2915 Gold is in local pre-breakdown consolidation 2938 - 2924. Emphasis on these boundaries. Breakout and consolidation of the price above the resistance can provoke continuation of growth. But, before the growth the price may test the nearest support. Regards R. Linda!
FX:XAUUSDLong
by RLinda
23
EURJPY → Consolidation before further declineEURJPY is forming a downtrend. The price is bouncing off the channel resistance and has approached strong support, the breakout of which may trigger further decline Global EURJPY is in a neutral trend, but locally, due to economic nuances, the euro is weakening against the Japanese yen There are two key zones on the chart - resistance at 159.112 against which a false breakdown can be formed before the price continues its decline. And support at 158.45 - support of the pre-breakdown consolidation and at the same time a strong level, the break of which will open the way to 156.29. Resistance levels: 159.11, 160.16, 160.9 Support levels: 156.29 Technically, the situation is weak and hints that in the short term the bears could overcome the key support, which could trigger a bearish momentum Regards R. Linda!
Short
by RLinda
13
Could Solana be finally reversing on the upside?COINBASE:SOLUSD has been a nightmare and has fell significantly in past few days, much more than #BTC and #ETH relatively. But I can see a potential leading diagonal (3-3-3-3-3) rise. It the retracement of it holds above/around 61.8% which also happens to be the wave 4 low (165.945) then the next leg up should start which would give more insight into whether this is really an impulse up in progress or just another corrective leg.
FX:SOLUSDLong
by YetAnotherTA
1
Walt Disney Throwing off a Bullish Constellation. DISABC zigzag complete, then one bounce, and now:\ 1.vWAP crossed by 2. engulfing bullish candle 3. signals on VZO/StochRSI 4. cross of MIDAS line 5. Cross of Bolinger Band %PCT We like to use combinations or pairs of different indicator, as it improves chances. Similarly, every indicator we use looks at every market from completely different perspectives, be it volume, volatility, statistical deviation, price action, stochastics.
NYSE:DISLong
by Rykin_Capital
Bounce Off the Bottom for Merck. MRKWe believe a downward impulse (Elliott) is finished and this is somewhat evident by the two candlestick price action. A change in the tone and flavor of candle sticks in momental OBOS area, overstretched VZO/StochRSI combo can be suggestive of a pivot and we believe this to be happening here. If the outlook is wrong then the obvious and tight stop will prevent large losses. Interstingly Ehlers StochRSI already produced a signal and momentum RSX "tipped."
NYSE:MRKLong
by Rykin_Capital
PalantirWell today was quite the day for PLTR, huh. Over a 10% drop to finish the standard trading day off, followed by another $6 drop after hours. That equates to over a 15% drop in total value in one day. As I mentioned earlier in a post that a member made, we may not know what will cause a drop, just the area in which it is likely to occur. I had mentioned in a previous post that in the $125-$130 area there was a lot of confluence and that it would be an ideal place for the pattern to terminate and begin consolidating in wave (4). Well, the high made today, which was an ATH, was $125.40. This was a whopping $2.57 away from the 1.618 I said to watch for a reaction from. This is textbook price action on the larger time frames. I also quite often say that the larger counts are king. That is exactly what we saw today. I made this post more zoomed out to show you a better view of the larger pattern that we're tracking. The HUGE drop made today is just a tiny little blimp in the overall structure. I also made an arrow pointing to the wave 4 of a lesser degree. I do not want to see us breach that low under any circumstances. To do so would indicate the pattern is headed much lower. Instead, I want to see us make an abc pattern into the target box that ranges from $70-$83. Remember, this is a wave (4) and thus, will likely be very complex. DO NOT lose sight of the picture painted here. Regardless of how complex it gets; this is the target area we should hit. This wave (4) will likely be deep and long due to wave (2) being short and shallow. In order to keep the theory of alternation, this is what will be the standard move. I would imagine we get some sort of consolidation higher tomorrow from investors thinking this is a buy the dip situation. I am here to tell you that is EXTREMELY unlikely. Whatever move higher we get in the next few trading days will likely be given right up as we move towards the target box. Hopefully you had stops set to protect your positions as I had recommended. If not, maybe consider placing them now. Let me know if you have any questions or anything is unclear.
NASDAQ:PLTR
by TSuth
6
Microsoft Wave Analysis – 19 February 2025 - Microsoft reversed from strong support level 405.00 - Likely to rise to resistance level 417.80 Microsoft recently reversed up from the support zone between the multi-month support level 405.00 (which has been reversing the price from September) and the lower daily Bollinger band. The upward reversal from this support zone stopped the C-wave of the active ABC correction (2) from the start of December. Given the strength of the support level 405.00, Microsoft can be expected to rise to the next resistance level 417.80 (which reversed the price at the start of February).
NASDAQ:MSFTLong
by FxProGlobal