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Elliott Wave

XAUUSD: Five Wave Decline in Progress - Target $2535The internal structure shows smaller degree waves labeled as (i), (ii), (iii), (iv), and (v), particularly visible in waves (3) and (5). The parallel channel lines helped identify the trend direction and potential support/resistance levels. The projected target for wave (5) completion appears to be around the 2,535-2,550 zone, where we might expect some support and potentially a larger degree bounce. Key levels to watch: Previous high: 2,721 Current invalidation level: ~2,649 Target support zone: 2,535-2,550 Traders should be cautious as wave (5) completions often lead to sharp reversals, especially in gold markets. The completion of this 5-wave structure could lead to a significant corrective bounce.
FX:XAUUSDShort
by ewturk
USDBRL might be building its 3rd impulsive wave.Not a financial advice. To support Biden's plan "Invest in America", FED will need to keep raising interest rates to contain #inflation, and make it attractive for international investors. Meanwhile, Brazilian economy is shrinking, with President looking to lower interest rates which it is what was done in 2003. but this time is indeed different, since the USA isn't willing to see its money plowing into emerging markets. TVC:DXY is also building a nice comeback. this is momentarily about to change in my POV.
Long
by thepixel
7
FET/USDT Long: Did you take it? See linked chartsIf you like these posts please remember to give me a boost and a FOLLOW! Any questions please ask away. FET/USDT Long signal. Did you take it? Bullish order flow was there. We have our targets, and stops are at entry. FET has been lagging compared to the rest of the market, especially in AI. Recent developments in their EARN & BURN mechanism look to be bringing excitement back and I believe there's plenty of catching up to do! Bullish Orderflow: EWT analysis & macro forecasting:
Long
by igreycrypto
1
Coffee Is Getting ExpensiveCoffee is in a massive rally on tight Brazil crop fears and if we take a look at the weekly chart, we can see it trading impulsively higher with space for more gains until it fully completes a five-wave bullish cycle by Elliott wave theory, just watch out on short-term 4th wave pullbacks. Basic Impulsive Bullish Pattern shows that Coffee can be trading in subwave "iii" of 3 of (3) of a five-wave bullish impulse of different degrees, so more gains can be seen after short-term 4th wave pullback.
PEPPERSTONE:COFFEELong
by ew-forecast
Bitcoin's Elliott Wave and Cylce AnalysisBitcoin's price has surged close to the $100,000 level, fueled by increasing optimism and hype, particularly following Trump’s victory in the US elections. While this milestone has sparked renewed bullish sentiment, it's critical to remember that Bitcoin is now in uptrend for only last four week, but it has been in an moving up since December 2022, marking nearly two years of consistent gains. So actually, we may now be in the late stages of this bull run. Keep in mind that when optimism and positive news dominate, like the prospect of Bitcoin being added to US reserves under Trump, it often aligns with the peak of a trend. While this kind of news could potentially drive one last strong upward move (FOMO / Blow-off), it might also signal the end of this cycle. Historically, extreme optimism is a warning sign, and the Elliott wave analysis supports this view. Bitcoin is currently in its fifth wave, with potential for slightly more upside, possibly extending late into January time projection. Its going to be the 20 or 26 weeks of a recovery from August low. Smart investors will consider taking some parts of profits now rather than risking missing an exit, especially now when we approach the year end. The market's shift from "optimism to pessimism", can be swift and surprising. Greed often leads to losses, so prudence is key at this stage. On another note, we have a Black Friday offer on our Elliott Wave service. It’s a great opportunity to stay aligned with market rhythm and sentiment during this critical period. If you are celebrating, I wish you a happy Thanksgiving! Grega
BITSTAMP:BTCUSD
by ew-forecast
Bitcoin Analysis Base On Eliott Wave Theor and Macro EconomicsBitcoin Projection Base On Technical Analysis Eliott Wave Theory & Macro Economics Target Price (Bullish Scenario) : 🔹$108.000 = Fibo Extend 1.272 🔹$134.000 = Fibo Extend 1.414 🔹$182.000 = Fibonacci Extend 1.618 INDEX:BTCUSD BINANCE:BTCUSDT Be Careful : 🔹BTC might pullback before breaking out over $100K. 🔹BTC is now in the final Impulse Wave (Wave 5). When Wave 5 finishes, a deeper correction might happen DISCLAIMER : 🔹BTC might pullback before breaking out over $100K. 🔹 Fibo Extend 1.618 is hard to visit, it'll take a while & need some corrections. 🔹Consider trailing TakeProfit in $108K-$134K (In case BTC successfully breakout from $100K) 🔹Be careful of unexpected bad news. 🔹Watch US inflation rates during The FED's rate cuts, as higher liquidity will boost purchasing power and impact inflation. 🔹ETF's Inflow have entered too much, one day hedge funds will taking profit, be careful !. 🔹Donald Trump's company tax cut policy will impact to inflation. If it happens, The FED might have to stop rate cuts, or even raise interest rates.
INDEX:BTCUSD
by kelvin_gautama9
GOLD → Trading inside the channel from the range boundariesFX:XAUUSD declines to 2620 amid positive news from the Middle East, but the overall fundamental background is still difficult. Today is low liquidity due to the Thanksgiving holiday in the US. The gold price is down amid a ceasefire between Israel and Hezbollah on Wednesday. But on Wednesday night there were reports of an escalation of conflict in Aleppo, Syria .... Also not to forget the escalated conflict in Eastern Europe. The dollar is still in consolidation, given that today is a holiday in the U.S., there may be low liquidity and high volatility in the market. Accordingly, an exaggerated price movement in gold cannot be ruled out. Technically, gold is flat, so we consider trading from the range boundaries. We focus on the local channel from H1 2660 - 2618 and the global channel from D1 - 2689 (2710) - 2605. Resistance levels: 2660, 2604, 2678, 2689 Support levels: 2618, 2605 Accordingly, in the momen, gold is heading towards the liquidity above. False breakdown of the key resistance zone and price consolidation in the selling zone may form a price decline to the lower boundary of the flat. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
10
EUR/USD Outlook: Bullish Sentiment AheadThe EUR/USD exchange rate is poised for an upward trajectory, driven by several key factors, here is how: 1. Peace Dialogue Between the US and Russia The initiation of peace talks between the United States and Russia marks a significant geopolitical development. This aligns with President-elect Donald Trump's campaign promise to foster peace before taking office. Improved relations could enhance global market stability, supporting the euro against the dollar. 2. Positive Impact on Euro Area Stocks Peaceful relations are expected to benefit the euro area, particularly as battered eurozone stocks may begin to outperform over the next six months. A recovering stock market can bolster investor confidence, drawing capital into the eurozone and strengthening the euro. 3. Technical Analysis: Elliott Wave Theory From a technical standpoint, Elliott Wave Theory suggests we are currently experiencing a regular flat correction. In this scenario, wave B has not breached the impulsive wave, while wave C has dipped below wave A, indicating potential for a bullish reversal. This technical pattern supports the notion of an upward movement in the EUR/USD pair. 4. Declining Interest Rates With interest rates trending downward, we can expect a stronger euro as lower rates typically weaken the dollar. This shift could lead to increased capital inflow into the eurozone, further enhancing the euro's value. 5. Currency Strategy Under Trump President Trump has historically advocated for a weaker dollar to stimulate exports. A devalued currency can make US goods more competitive internationally, suggesting that a weaker dollar could be a strategic goal of his administration. This dynamic would likely favor the euro in the EUR/USD pair. Conclusion: Long Position on EUR/USD Given these factors, I am taking a long position on EUR/USD, anticipating a rise to 1.12 within the next three months and potentially reaching 1.20 by the end of 2025. While the market can be unpredictable, the current indicators suggest a favorable outlook for this trade.
Long
by SabahEquityResearch
1
GOLD → Controversial fundamental background. What's next?FX:XAUUSD is taking advantage of the dollar weakness and heading towards the zones of interest and liquidity 2665 - 2688. Overall, the fundamental backdrop is not stable, but at the same time weak for gold. PCE, GDP and resistance ahead.... The ceasefire agreement between Lebanon and Israel has entered into force. This has helped to reduce demand for the US dollar, which is generally reflected in the forex market. Gold is feeling support from sustained expectations for the Fed and uncertainty over the outlook for global trade during the Trump presidency, which intends to impose new tariffs on Canada, China and Mexico. Ahead of the upcoming macroeconomic news from the US are PCE and GDP. Technically, gold is in a sideways range and is looking up towards zones of interest from which a correction could form. But this reaction is partly dependent on the news as well.... Resistance levels: 2660, 2664, 2680 Support levels: 2620, 2605 The focus is on the imbalance zone, 0.7 fibo and 2680 area. Due to the controversial technical and fundamental background, the gold price may close inside a wide channel, which allows us to use its boundaries for trading. We are watching the resistance with a sell target for further downside Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
20
Btc elliott wave analysisElliott wave is very subjective. even I have two or three analysis and shorterm frame it gets more possibilities. but here I think Eth price is way lower than btc price and also some of altcoins as well. because bitcoin just went up alone strongly compare to other altcoins. and eth is one of them. it didnt hit all time high yet. but at least it should reach around 4000 level i think. right now its at 3600 level. so if eth can go up while btc is tanking the price or going slowly up we can expect this two senario. one is we go up from here after short consolidation. second is we go up after one more dump. but either way i dont expect much drops because we dont have much bad news right now. in macro economy there are bunch of good news.. israel must end war before biden end his presidency because of political reason. trump will be president on Jan 20th. so untill that time we can expect btc price to hold its position. but after that it could be sell the news scenario. but after some big consolidation period we will start to go up again. if there is no bad news in macro economy
by Bincoti_trade
AMD Harmonic Elliott Wave and Hurst Cyclic AnalysisIt’s been a while since my last update on AMD. Looking at the wave structure, I believe we are currently in a complex pullback, correcting the bullish move from October 2022 to March 2024. This correction appears to be a double zigzag, and we’re in the process of completing wave A of the second zigzag (labeled 'y'). Analyzing the cycles, we can see that the trough from October 2023 aligns with an 80-week (80W) cycle trough and the trough in August 2024 aligns with a 40-week (40W) cycle. Currently, I’m expecting the first 20-week (20W) cycle of this 40W cycle, which is actually the second 40W cycle in the 80W cycle, to occur around December 18th. This would correspond to wave A of the y leg of the larger wave II in the wave analysis. Following this, I anticipate a rally that should take us higher before the extreme bearish phase begins as we approach the 80W cycle trough, which is expected in early April 2025. There is an alternative (less likely) bullish scenario to keep in mind. If wave B becomes more strongly bullish, I would shift my bias to that scenario. However, until that happens, my preferred view remains as shown in the chart.
NASDAQ:AMD
by bamdadsalarieh
XRP - Do not buy now! Be clever, wait for a pullback (here)XRP has been pumping massively; since November it's up +230%. XRP has a logo (X), same as Twitter, which means it's under the control of Satanists/Luciferians. They control the whole banking system and all famous social networks. XRP has a lot of haters in the crypto community. XRP is very bullish from a technical perspective, but let's take a look at what happened during the huge November pump! We see a lot of green candles, but there is a symmetrical triangle around 1.1 USDT. This is a very sweet spot for whales. We can expect the majority of retail traders to put a stop loss below this triangle, and what are the whales going to do? As I said, XRP is highly manipulated; they want to take away money from you, so they will push the price below the triangle to take all sweet liquidity. We have 2 unfilled FVGs (Fair Value Gaps) below the current price, which is also a problem. These types of GAPs tend to be filled pretty quickly but can also take a few weeks. But what matters is that the price will eventually go back and fill them! My strong recommendation is - do not FOMO in and wait for a reasonable pullback. I would put a buy order at around 1.00 USDT. We don't know if the price will continue to go up in the short term, but in the medium term, we should go down and take the liquidity below the triangle! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
142
Nifty SmallCap 100 Elliot Wave ViewWave 2 of 3: This corrective wave occurred between September 2022 and March 2023, lasting approximately 28 weeks, as highlighted in the chart. Wave 4's Progression: The recent peak in September suggests symmetry in the cycle, mirroring Wave 2's timeline. If Wave 4 matches Wave 2 in duration (around 28 weeks), the current upward movement could still be part of the corrective Wave 4 rather than a new impulse wave. Time Symmetry: Considering the reverse channel projection and the similarity in duration with Wave 2, March 2026 emerges as a potential time window for the commencement of Wave 5 of 3, which could lead to a significant breakout beyond the current range.
NSE:CNXSMALLCAP
by Shivam_Gaba
Alikze »» CAKE | Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Bullish Wave 3 or C Scenario - 1W 📣 BINANCE:CAKEUSDT In the long-term analysis mentioned earlier, after a zigzag correction to the $1 area, a reversal pattern (inverted head and shoulders pattern) has formed. 🟢 In accordance with the previous analysis , the target was touched. 🟢 But currently, on the weekly time frame, in continuation of the previous analysis, it is in the supply range. 🟢 Two possible behavioral scenarios can continue. 💎 First scenario: This upward movement can extend to the previous minor ceiling and, after a correction to the broken supply range, continue to the next supply area. 💎 Second scenario: If the current supply area cannot be broken (the current supply area is not used up), it can continue the upward path by breaking the supply area of ​​the current range to the $5 area with a pullback to the broken swing. ⚠️ In addition, in both possible bullish scenarios predicted, the price should not enter the LVL validation range. If a price correction occurs and the price touches the aforementioned area, the bullish scenario is invalidated and should be re-examined and updated. ⚠️ »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
TMDXNASDAQ:TMDX is likely heading lower to complete the impulse in the wave C of a running flat. I will start buying within the range $60-70. There are two typical dimensions for the wave C of a flat - wC=wA or times 1,618. Zooming in the daily/ 4h frame - there is a clear impulsive move down, that is lacking the final wave 5, printing a lower low. Buying the lower low is more or less safe, and here is why... If the assumption is not valid - and this is not the wave C of a flat, this impulse is then the wave A of a larger structure. Even so, we will get a deep pullback by 50-62% against this bearish move. In any case, the most safe entry would be after the bullish 1-2 fractal is printed on H4/ D1. It may take a look of an inverted Head and shoulders pattern, together with the w4 of C of the last move down. TRADE SAFE
NASDAQ:TMDXLong
by Alpha_Mind
3