Get started

Elliott Wave

GBPUSD → Consolidation after a trend breakout. Long-Squeeze?FX:GBPUSD may test the local support amid the pre-news correction of the DOLLAR. Traders are waiting for inflation data, high volatility is possible The fundamnetal situation is predisposed in favor of the pound sterling, which has an advantage on the back of the falling dollar, which is likely to take a medium-term position on the back of the Trump administration. Technically, GBPUSD is consolidating above the key support zone of 1.286 - 1.280 below which a huge pool of liquidity has formed which could be tested before the trend continues. Important news ahead. Traders are waiting for CPI data. High volatility is possible Resistance levels: 1.2938 (trigger) Support levels: 1.2868, 1.281, 1.2728 Bulls may be aggressive and keep the price from correcting downwards. In this case, price consolidation above 1.2938 could be a good entry point for the continuation of growth. But because of the upcoming news, I would prefer to wait for a retest of the liquidity zone 1.2868 - 1.281 before taking action to open a position. Regards R. Linda!
Long
by RLinda
3
NZDJPY → Attempting to change the downtrendFX:NZDJPY is trying to get out of the downtrend by breaking the channel resistance. Against the background of local strengthening of the dollar, the currency pair has all chances. Technically, buyers are starting to gain momentum and support the market, it can be seen on the background of locally growing minmiums, which gradually leads to the breakout of the channel resistance. The trigger in our case is the resistance 85.240 - a key level that divides the market into 2 planes. If the bulls are able to consolidate above 85.240, an impulse to 86.13, then 86.88 may be formed in the short-term. Support levels: 84.500, 84.00 Resistance levels: 85.240, 86.13 Initial testing of the trigger may end in a small pullback due to liquidity formed above. The pullback may be directed towards the previously broken channel resistance. But the emphasis is on price consolidation above 85.240, as this will be a prerequisite that the bulls are holding the market in the moment and are ready to keep going up. Regards R. Linda!
Long
by RLinda
3
EURAUD → False breakout & Pin-Bar on W1FX:EURAUD is testing important resistance from the weekly timeframe. A false breakout is formed after liquidity capture. There is no potential for continuation of growth and the chart is drawing everyone's favorite “pin-bar” After the price exits the consolidation, the resistance of which was the level of 1.6787, a distributive pattern is formed, the target of which was the liquidity behind the weekly resistance of 1.7196. The target has been reached and the price is consolidating below the base of the reversal structure and thus preparing to continue falling. It is possible formation of liquidation or downward impulse to 1.71 - 1.70. The forex market has been behaving calmly since the opening of the week and the market can work out technical nuances calmly, until the fundamental factors are connected. Resistance levels: 1.7196 - 1.7304 Support levels: 1.7107, 1.7016 Zones of interest are located behind the local lows, but from a technical point of view, the market is most interested in liquidity beyond 1.6787 and there are all chances to reach this zone, as there are no obstacles below 1.7016. Accordingly, when the support at 1.7016 is broken, a free zone will open up Regards R. Linda!
Short
by RLinda
1
Gold's Crazy Run: New All-Time High of 2994 - Reaching the TopFirst off, congratulations to those who entered a Buy order following yesterday's plan that I posted earlier. Gold is currently forming a small sideways range around the 2980-2990 area, and I believe there will be another upward push to grab liquidity from those entering SELL orders around this zone. This will create market panic, reaching a peak where no one dares to participate anymore. At that point, Gold will experience a strong correction. Therefore, today's Asian and European sessions will likely see a sideways range between 2980-2990, and the beginning of the US session will see an upward push to grab liquidity above the 3000 USD/oz level. The US session will then conclude with a price drop. If Gold's scenario plays out as expected, we can anticipate a profit-taking day from investors next Monday Thank you for your review, and I hope you'll stay longer by pressing Follow.
OANDA:XAUUSDLong
by RioNguyenCFD
Bajaj Finance Elliott Wave Analysis – Triangle Before Next move? The daily chart of Bajaj Finance suggests an ongoing Elliott Wave triangle correction in Wave (4). Currently, the price appears to have completed Wave (d) near the upper trendline resistance, indicating a potential pullback towards the lower boundary (~₹6,533) to form Wave (e). If this structure holds, we could see a strong bullish breakout in Wave (5), targeting new highs. 🔹 Key Observations: ✅ Triangle Formation: Price action is consolidating within a contracting structure. ✅ Wave (d) Completion? Price has touched the upper boundary, signaling a possible correction. ✅ Wave (e) Drop? A move towards ₹6,533 would complete the correction before a bullish leg up. ✅ Upside Target: A breakout from the triangle could lead to a strong rally beyond ₹9,000. 🔹 Strategy: 📉 Short-term: Watching for a potential dip towards Wave (e) for a buying opportunity. 📈 Long-term: Bullish bias remains intact if the structure holds. 🚨 Disclaimer: This is my personal analysis, and I may be completely wrong. This is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any trading decisions. I am not a SEBI-registered analyst.
NSE:BAJFINANCE
by kalpeshloke
Pepe Previous Levels Trend Based Fib - Obs 1 - UpdateFlipped Resistance to Support from previous Trend Based Fib Extenstion as seen here: Currently bouncing off the 1.0 fib which to left was a support, middle resistance, now support! Taken the value area range of the initial Trend Based Fib to the current price and if you zoom out, the PoC of the Fixed Range Volume Profile is pointing to 0.5 Trend Based Fib. Above resistance labelled. I see no reason from writing, as long as we hold 1.0 fib to see higher, even after +10% rise already! Technicals are bullish. Thats what they are. There's also a parallel channel which seems to be well respected. As well as a possible end 5 wave extension found here: That Gartley - I knew from previous bounces. When B AND D have a reaction at the same price - SUPER BULLISH! We had a fake out at the high, then came back down to B at 0.5 fib Gartley and rallied! Enjoy! :)
Long
by hmaroudas
4
PayPal - Multiple Signals Pointing to a Potential Bottom!I’ve just entered a position in PayPal, and the reason is that several overlapping factors are lining up in a way that suggests a potential bottom may be in. First, it looks very likely that Wave (2) is complete. The stock tapped the 61.8% Fibonacci retracement level with precision and has held that level over the past few days – all while the RSI has been climbing, which is a strong bullish divergence signal in my book. Second, PayPal just touched last year’s VWAP level perfectly, which I view as another strong technical indicator for a potential reversal. How far this move could go is still unclear, but the open gap above is definitely something I’m watching closely. For that to be in play, $71 needs to be reclaimed. And from here on, $66 should not be touched again. That’s my plan – and that’s how I’m trading it. Let’s see if the market plays along.
NASDAQ:PYPLLong
by stromm
Nifty Elliott Wave Update – Wave 4 Retracement in Play?Following up on my previous analysis, I’ve adjusted the wave counts for 1 and 2 within the final wave C. One key observation is that wave 3 ended exactly at 1.618x wave 1, reinforcing the need to remap the earlier structure. Currently, Nifty seems to be in wave 4 retracement, and I’ve marked a potential reversal zone (green box) based on Fibonacci levels. If this plays out, we could see the final wave 5 extending downward, possibly into the yellow box, aligning with Fib projections. The overall bias remains bearish unless we see a strong invalidation. Let’s see how this unfolds!
NSE:NIFTYShort
by VeerappaKaujageri
2
NIFTY Intermediate Trend Analysis- Elliott Wave PatternElliott Wave Analysis: Primary Wave Count (Red) The primary wave structure indicates a completed Wave 4, confirming a corrective phase before a downward impulse begins. The Wave 4 retracement appears to be near the 38.2% Fibonacci level, which aligns with a standard correction before a continuation downward. Intermediate Wave Count (Purple) A smaller intermediate wave count is visible, showing the beginning of a downward movement. The first Wave 1 (down) is confirmed as the price moves below 22,300, indicating the start of an impulsive decline. A Wave 2 retracement may have formed, but it seems weak and unable to break back above resistance. Downside Projection - If NIFTY sustains below 22,300, it confirms a continued downward move. Next key support levels: 22,000 – Psychological level & minor support 21,500 – Strong Fibonacci confluence and major demand zone The final target could be 21,300 if Wave 3 extends significantly downward. Momentum Confirmation - The Awesome Oscillator (AO) show a going to confirm bearish crossover. Volume appears to be increasing on red candles, supporting the downward wave structure. The failure confirmation marked on the chart strengthens the case for bearish momentum. Conclusion & Trading Strategy: Bearish Bias: As long as NIFTY remains below 22,300, expect further downside. Expecting Targets: 22,000 → 21,500 → 21,300. Disclaimer: This Elliott Wave analysis is for educational purposes only and should not be considered financial advice. Market conditions can change rapidly, and proper risk management is essential. Always conduct your own analysis and consult with a financial professional before making any trading decisions.
NSE:NIFTYShort
by shiva560060
Apple - A is almost finishedLooking at the pattern / structure being carved out, I believe we need another slight low for this part of the pattern to be considered complete. We also have yet to hit the red 1.0 ($0.33 cents away) and are just shy of tagging the white 1.618 @ $207.76. This technically isn't required, but in my experience, far more times than not, a=c. We could always extend down to the red 1.618 @ $182.21, but I do not find that likely at this juncture. I find it far more likely we get the slight OML and then begin moving higher in minor wave B. Should price decide it does want to extend out, the next fib lower I would want to be watching is the red 1.382 @ $192.09. The next target higher for minor B, should be in the $240-$250 range. Should it extend down to the 1.382, that will lower the target for B by about $10. Hopefully this week we can kick off minor B.
NASDAQ:AAPL
by TSuth
Coinbase -- Still expecting another lowAs the title suggests I am still expecting another low before we move higher again. Looking at the prior price action, a drop to the 1.382 @ $163.02 looks like the ideal place for this intermediate (A) wave to terminate. Afterwards, if this is the correct count, we should begin moving higher with a target of $260-$300. There is always the chance that it extends a little further to the 1.618 @ $137.31, but as of now I do not anticipate that. Should we drop to the area of the 1.382 I plan on acquiring another 20 shares. If we end up coming into the 1.618 that'll be another 20 shares I pick up. I have entered into this position in layers with a plan long before I started. This is the only way to trade based on data and not emotions. Currently I only have 40 shares at an average price of $187. Another 20 shares at say $165 (the price I will buy more) would lower my avg cost to $179. If my thesis is correct, and we do target the $260 range at a minimum, that will be almost $5K in profits with the potential of $8K. Again, this is not guaranteed, but the probability of it happening is higher than it not. Last thing I want to leave you with, crypto as a whole IMHO, has hit its high. I believe we have started the next corrective phase that will last for quite some time. We do NOT yet have confirmation of this, but I deal with probabilities. As of right now, the probabilities favor a larger consolidation phase for the foreseeable future.
NASDAQ:COIN
by TSuth
5
BITCOIN → Short-squeeze 86-89K before falling further to 75KBINANCE:BTCUSD continues to form a downtrend after breaking the bullish structure on the weekly timeframe. There is no bullish driver yet, and technically, the price is heading to the global imbalance zone of 75-73K The past crypto summit and any other talk of cryptovalt support cannot support the market. Such events end with further market decline. Technically, the market continues to form a downtrend (global counter-trend), based on this alone, we can say that the price is now going against the crowd and this is generally logical behavior. Globally, the zone of interest is located in the following zones - 75K, 73K and order block 69-66K Locally, I would emphasize the nearest liquidity zones, located at the top, which can be tested before the further fall: 86697, 89.397 Resistance levels: 85135, 86678, 89397 Support levels: 79987, 78173, 73512 After the false break of 78K support there is no strong reaction, the market is forming a struggle for 84-85K zone, which generally indicates buying weakness. Before the further fall there may be a short-squeeze relative to the above mentioned zones of liquidity, which may lead to a further fall Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
33
DOLLAR DOMINANCE or DIVE? --- 🚀 📉💰 🔥 The DXY (US Dollar Index) is at a CRUCIAL turning point! After completing a 5-wave Elliott structure, is the biggest correction about to begin? 📊📉 🔍 Key Levels & Insights: ⚡ Major Resistance at Wave 5 – Rejection confirmed! ❌ ⚡ 12% Drop Incoming? The corrective A-B-C wave could shake the markets! 🌊 ⚡ Smart Money Watchlist – Will the Dollar Bulls hold, or are the Bears ready to take control? 🐂 vs. 🐻 📢 What’s your take? Drop your analysis in the comments! Let's decode the market together! 🔥🔍 #Forex #DXY #ElliottWave #USD #MarketAnalysis #Dollar
TVC:DXY
by Greenfireforex
BTC shows signs of Downward trend with truncated wave5Bitcoins price uptrend from its recent lows appears to be out of gas. This can be shown using the elliot wave theory on the recent impulse wave where BTC price has produced a truncated wave 5 A truncated fifth wave signals exhaustion in the prevailing trend and warns of an imminent reversal. This pattern demonstrates that buyers (in an uptrend) or sellers (in a downtrend) lack conviction to push prices to new extremes. Truncations precede significant corrections or reversals. The strength of Wave B (reaching higher than the truncated Wave 5) suggests significant countertrend momentum. This often occurs in flat corrections. Typically, C waves extend to specific Fibonacci levels: 100% of A wave - This would target approximately $78,500 1.618 of A wave - (common C wave extension) - This would target around $76,000-$77,000 2.618 × A wave - (extended C wave) - This could reach as low as $73,000-$74,000 This seems to coincide with what I've been saying these past 3 months that the 74k level needs to be reached and the liquidity that price wants to take advantage of will need to be confronted before BTC will be able to reach this market cycles ATH.
INDEX:BTCUSD
by dasBoot
BTC Speculative Elliot Wave Count (Diagonal as C)This sketch is based on the channels generated by my automated custom indicator, "Seer Tee," designed to replicate Candle Range Theory (CRT) by @Romeotpt. **Assumptions:** 1. We are in a corrective zigzag wave's final progressive wave, C. 2. Wave C is a diagonal. 3. The second internal wave of the diagonal forms an expanded or running flat. 4. The flat includes a diagonal C. Any invalidation of these assumptions will necessitate a revision of the entire count. Therefore, this sketch is a hypothetical, fragile, and speculative representation of the count.
INDEX:BTCUSDLong
by jackrabbitrage
Nauticus Robotics - The Roaring $KITTNauticus Robotics ( NASDAQ:KITT ) is a picture-perfect pick-up for the coming market conditions. With capital about to be re-allocated into markets, following the month long sell-off of late and rotation into precious metals/bonds. Technicals Already broken-out of its downwards wedge pattern on high volume, NASDAQ:KITT recently just put in a double bottom. If the initial move from December 19th to 6th January, was an Elliott Wave 1, I would wait & prepare for volatility to come, and if to the upside it will put some of the most volatile cryptocurrency tokens to shame. Wave 2 should now be complete, having bottomed on March 4th. Friday March 14th should have been the completion of its 1st higher low. As early as next week, I am expecting NASDAQ:KITT to reach $2.80. This coincides with the 0.618 fibonacci level, resulting from its recent decline. From there, a shallow retrace into the end of the month before catapulting itself to levels not seen since September 2023 at around $80. That would conclude Wave 3, the most volatile of moves in Elliott Wave theory, between May and June. Reaching the 2.272 fib level at $80. The entire move can reach a final impulse conclusion of around $155 of the 2.618 fib level 👀. A potential 150x in just a few short months. ----- Fundamentals Nauticus Robotics is creating an entirely new industry right before our eyes. They are pioneers and future monopolists for the underwater economy, just like Tesla are becoming to battery, automation & automotive technology. Think deep-sea oil refining, precious metal mining, environmental studies and even underwater city construction. Combined with a domestic administration that for the first time in decades is supportive of such novel energy & infrastructural investments. For those expecting an AI bubble to soon take hold of markets, this stock is arguably one of the few companies that could simply not exist without artificial intelligence. Thanks to this new technology, it opens up commercially and fundamental new opportunities to deploy unmanned robotics deep into our oceans, for days at a time without costly supervision. Currently (at $1.06) with a market cap of $6.79 million , there is far too much upside to this stock. One that employs dozens of ex-NASA engineers. This stock is one of the 100 most highly shorted stocks on markets. With RICO and an administration hostile towards & actively investing such practices, this stock is likely to undergo a swift revaluation. All of this combined, suggests to me the ocean tide is on your side with $KITT.
NASDAQ:KITTLong
by DigiDavid
BTC to Quarter MilBitcoin's Path to $253,000 We are predicting a move to $253,000 for Bitcoin, fueled by a potential short squeeze that could ignite an explosive rally. Key Targets: First Target: $144,000 Second Target: $185,000 Third Target: $253,000 Short Squeeze Setup: Bitcoin's current structure shows signs of a bear trap, with an increasing number of shorts piling in around resistance levels. A break above critical liquidity zones could force mass liquidations, triggering cascading buy orders and accelerating BTC's move upward. Liquidation clusters: ~$75,000 - $85,000 Breakout threshold: $93,000 Parabolic acceleration: Once above $144K Why This Move is Imminent: High Open Interest in Shorts – Short positioning at resistance levels is increasing the likelihood of a squeeze. Post-Halving Supply Shock – Reduced miner selling pressure strengthens upside momentum. Institutional Accumulation – Large players are absorbing liquidity, preparing for the next leg up. Conclusion: If BTC clears the $85K-$93K range, short liquidations could catapult price action straight to $144K, where the next wave of FOMO will likely drive it further toward $185K and beyond. 🔥 Short squeeze ignition incoming – Are you positioned for the breakout? 🔥
BITSTAMP:BTCUSDLong
by Whisperwave
1
Bitcoin could go up nowHi traders, Last week Bitcoin made another move down (blue c-wave) to finish the bigger (grey) WXY correction just like I've said in my outlook. Now it could go up again but the way it's moving is not very impulsive. This could be a leading diagonal (wave 1) or we could see another move down (ending diagonal blue wave c). If price can break the dotted trendline above, it's bullish again. So let's see what the market does and react. Trade idea: Wait for a break of the dotted trendline, an impulse wave up and a small correction down to trade longs. If you want to learn more about trading FVG's & liquidity with wave analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. Don't be emotional, just trade! Eduwave
Long
by EduwaveTrading
Gold could still go higherHi traders, Last week XAUUSD finished the corrective pattern and closed above the previous ATH making the wavecount idea invalid. Because the bigger correction only came into the 23.6 fib retracement this can not be wave 2 and this has to be wave 4. So I've updated the wavecount. Next week we could see more upside for this pair. But let's see what price does and react. Trade idea: Wait for a small correction down and a change in orderflow to bullish on a lower timeframe to trade longs. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading