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Elliott Wave

PEB Pacific Edge NZXPEB I already own this as a long term investment, but interesting chart right now.... Currently had gap down due to bad Medicare news removing product from approved test list, but shortly afterwards one product was ranked highest A+ for test credibility so this may remove the previous restriction in Medicare and open market again Technically this has a long term Elliott Wave 'Ending Diagonal' with an overthrow pattern which is technically a reversal signal, this was followed by a strong move upwards following the results of an industry comparison of products which proved very positive Currently the Triangle has been broken and now being retested, and is now at a good point to hopefully go higher... it may need a news/ medicare catalyst, but the probability is that it is more likely technically and fundamentally to rise than to fall... Moving from current $0.126 to $0.42 will be a 333% Return from current levels And there are gap closes at $0.49 and $0.78c so this represents a high potential reward to risk trade
NZX:PEBLong
by dionvuletich
NVDA Breakdown: Is a Trend Reversal Unfolding?NVDA is showing signs of weakness, with an A-B-C correction potentially unfolding, hinting at a trend reversal. The near-term peak in AI compute demand, proven by DeepSeek , and NVDA’s reliance on Taiwan-based TSMC amid geopolitical risks add fundamental pressure. Broader market sentiment hasn’t turned fully bearish yet either, with CPCE unchanged for March — suggesting market participants haven't fully priced in further downside.
NASDAQ:NVDAShort
by KobesyTrades
SPX morning analysisTechnical analysis of SPX. Bearish count/analysis presented, cleaned up to present important points. Parallel channels frame price action since March 2020 low nearly perfectly, with key pivots pointed out. With count presented, ((B)) is 200% of ((A)). End of ((B)) counted with impulse ending with ending diagonal wedge. Impulsive price action broke through pitchfork support, looking to see if support now becomes resistance. If pitchfork median line (red line) cannot be tagged, should be taken as bearish sign, and return to October 2022 price as likely. If that idea plays out, looking for channels to provide support/resistance for price down towards March 2020 low.
TVC:SPXShort
by discobiscuit
Potential expend a flat on SolanaIn elliot wave perspective I believe the drop from the top till the current bottom we have completed a five-way move. It also can be a w x y move as well hence this is a great place to put a spot on long position. Market may make one more drop to the downside around $100 but regardless the movement, I still believe there will be a bounce coming soon in the future that will bring Solana back into $200 region. Meanwhile I spotted the potential of expanded flat because there is a bull Divergence on The Daily RSI. So I truly believe that there is high chance that Solana is bound to go up again on this immediate short-term. Even though there is a bounce, most likely it will further drop down to 74 dollars region again in the future. Unless, the bull decided they want to be in control, then I suppose another hit to the all-time high will totally make sense too. So I'm going to be Perma bull for the meantime. Trade Safe People
Long
by pandacham88
1
Bitcoin Tests Resistance: Will the CME Gap Get Filled?Bitcoin ( BINANCE:BTCUSDT ) continued its downward trend as I expected in the previous post , but over the past 12 hours , Bitcoin has started to increase from Potential Reversal Zone(PRZ) . The question is whether this upward trend will continue in the past few hours or not !? ------------------------------------------------------------------------- JOLTS Job Openings & Its Potential Impact on Bitcoin The JOLTS Job Openings report will be released today, March 11 . It provides key insights into the U.S. labor market . This data can influence the Federal Reserve’s monetary policy stance , impacting risk assets like Bitcoin. Potential Impact on Bitcoin : Higher-than-expected job openings : Signals labor market strength, increasing the likelihood of Fed tightening → Bearish for Bitcoin Lower-than-expected job openings : Suggests labor market weakness, increasing the odds of rate cuts → Bullish for Bitcoin Historical Influence : In previous months, JOLTS data has triggered volatility across financial markets, including crypto. For instance, a sharp decline in job openings last year led to a weaker dollar and Bitcoin rally. Conversely, stronger-than-expected job numbers have reinforced hawkish Fed expectations, pressuring Bitcoin. I believe there's a higher probability that the JOLTS report will come in weaker than expected, which could lead to a short-term rally in Bitcoin and gold. However, if the report is stronger than anticipated, we might see temporary selling pressure in the market. What is your idea!? Today's positive news was " Trump Plans Order to End Crypto Banking Restrictions ". In general, Trump's statements no longer affect the crypto market as much as before. Do you agree with me? ------------------------------------------------------------------------- Now let's take a look at the Bitcoin chart on the 1-hour timeframe and use technical analysis tools . Bitcoin is moving in the Resistance zone($84,130_$81,500) and near the 200_SMA(Daily) . According to Elliott Wave theory , Bitcoin has completed five down waves , and we should wait for the next up waves . One of the signs of the end of wave 5 is the presence of a Regular Divergence (RD+) between two consecutive valleys . According to the above explanation , I expect Bitcoin to re-attack the Resistance zone($84,130_$81,500) after a downward correction and attempt to fill the CME Gap($86,400_$84,200) . Note: If Bitcoin can move above $87,200, we can expect the start of an uptrend. Note: We should expect a bigger drop if Bitcoin falls below $72,000. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a 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
18
" Final Thoughts on BTC Price—Where Is the Top? "Hello Traders 🐺 Yesterday, I opened the BTC chart and said to myself: "Alright, it's time to analyze BTC's price target, find out where the top of this bull cycle could be, and understand how this might impact Altcoin prices." If you’ve read my last idea about BTC.D, you already know that the more BTC rises, the more dominance it takes—pushing BTC.D higher. However, this heavily depends on how well Altcoins, especially ETH, perform during the market uptrend. Long story short—let’s break it down! 🔥👇 According to the chart, every bull cycle has nearly ended around the top of the uptrend curve. In my opinion, this time won’t be any different. But here’s the interesting part: 👉 When BTC reaches its new ATH (around $140K), the bear market low should also be higher than before—thanks to these two uptrend curve lines. What About ETH & Altcoins? Will They Reach New Highs or Just Lag Behind BTC? If you check the ETH/BTC and Total Altcoins/BTC charts, you’ll be shocked! 😱 They are completely oversold, with no more room to drop further. Meanwhile, BTC.D’s bull cycle is nearly at its peak! (Check my last idea, and you’ll see why this is a huge deal.) What’s the Best Strategy? 💡 Split your portfolio: 50% BTC 50% Altcoins This way, you can accumulate more BTC during Altcoin Season—where you exchange overvalued BTC for undervalued Altcoins to maximize BTC gains by the end of the season! 🚀 I hope you found this insight valuable! Don’t forget to like & follow for more. 👊🔥 🐺 KIU_COIN 🐺
INDEX:BTCUSDLong
by Kiu_Coin
XAUUSD Analysis: Potential Zigzag (ZZ) Corrective Wave TargetingThe current price action on XAUUSD suggests that the retracement phase may still be ongoing. Based on Elliott Wave theory, the structure appears to be forming a Zigzag (ZZ) Corrective Wave, a common corrective pattern in the market. Here's a detailed breakdown of the analysis: Wave A and Wave B: Wave A has completed, and Wave B appears to have retraced within the expected range, respecting Fibonacci retracement levels. Wave C Projection: If this structure is indeed a Zigzag (ZZ), Wave C could extend to 100% of Wave A, which places the target at 2675. This target aligns closely with the 61.8% Fibonacci retracement level of the prior swing low, a significant confluence zone often observed in corrective waves. Key Levels to Watch: Resistance at the 2675 level, which also aligns with the 100% extension of Wave A. Support levels around the 38.2% and 23.6% retracements, which could act as interim pullback zones. Market Implications: If the price reaches the 2675 level, it could signal the completion of the corrective pattern, paving the way for the next impulsive move. However, if the price fails to reach this target, it may indicate an alternative wave count or a shallower correction. Strategy Considerations: Monitor price action near the 2675 level for potential reversal signals. Use Fibonacci retracements and extensions to refine entry and exit points. Always manage risk with appropriate stop-loss levels and position sizing. This is a great opportunity to see Elliott Wave theory in action. Let’s observe how the price unfolds and whether it adheres to the projected pattern. As always, trade cautiously and stay disciplined! #XAUUSD #ElliottWave #ZigzagWave #TradingView #FibonacciAnalysis
OANDA:XAUUSDLong
by Tanakorn_Koomrampai_CMT_CFTe
Elliott Wave View: GBPUSD Extending Higher in Wave 5 ImpulseShort Term Elliott Wave View in GBPUSD suggests cycle from 2.3.2025 low is in progress as an impulse. Up from 2.3.2025 low, wave ((i)) ended at 1.2679 s the 1 hour chart below shows. Wave ((ii)) pullback unfolded as an expanded Flat Elliott Wave structure. Down from wave ((i)), wave (a) ended at 1.2603 and wave (b) ended at 1.2716. Wave (c) lower ended at 1.2557 which completed wave ((ii)) in higher degree. Up from there, wave (i) ended at 1.2614 and wave (ii) ended at 1.258. Wave (iii ) higher ended at 1.292 and wave (iv) ended at 1.286. Wave (v) ended at 1.294 which completed wave ((iii)). Pullback in wave ((iv)) ended at 1.2858 with internal subdivision as a zigzag. Down from wave ((iii)), wave (a) ended at 1.287 and wave (b) ended at 1.294. Wave (c) lower ended at 1.2858 which completed wave ((iv)). Pair has resumed higher in wave ((v)). Up from wave ((iv)), wave (i) ended at 1.2966. Expect wave (ii) pullback to hold above 1.2858, and more importantly above 1.2557 for further upside. As far as pivot at 1.2557 low stays intact, expect dips to find support in 3, 7, or 11 swing for more upside.
by Elliottwave-Forecast
EURUSD’s Pullback in Play: Next Stop $1.0934?The EURUSD ( FX:EURUSD ) has managed to break through the Resistance zone($1.0817-$1.0760) and has been on a good upward trend with good momentum in the past week. The EURUSD appears to be completing a pullback to the Resistance zone (broken) . According to the Elliott Wave theory , the EURUSD appears to have completed wave 4 , which is a Double Three Correction(WXY) . I expect EURUSD to rise to the Resistance zone($1.0983-$1.0916) after completing the pullbac k. Note: If EURUSD goes below $1.0755, we can expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a 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
5
Usdjpy play on risk aversion?Accordio to David Scutt, Market analyst, over the past 20 days, USD/JPY has logged correlation coefficients with yield spreads between U.S. and Japanese bonds—ranging from two to 10-year maturities—of between 0.76 and 0.82. While that’s similar to earlier this year, what stands out now is that it’s not just rate differentials USD/JPY has been closely tracking. Its correlation with market pricing for Fed rate cuts this year has strengthened to 0.82 over the same period. Scutt saids that, combined with stronger relationships with riskier asset classes—such as Nasdaq 100 futures—and measures of expected market volatility like VIX futures, this suggests USD/JPY has increasingly become a play on risk aversion over the past month, coinciding with softening U.S. economic data and wobbles in U.S. stocks. Technically, Jpy is still at bearish trend, were wed can soon begin a contracting triangle ( according to relativity Elliot theory) finish wave 5, and then begin a deep correction.
Short
by TRADINGACPVIP
BTCUSD most likely has bottomed out for the time beingThe 1.618 Fibonacci extension at approximately $78,600 on the medium-term timeframe (weekly) appears to be providing strong support. On the long-term logarithmic chart, BTC has now entered the lower boundary of the Schiff Pitchfork, historically a key reversal zone. This suggests a solid entry point, with an initial rebound toward $90,000 or higher within the next 2–3 weeks. That said, market movements remain uncertain—especially as the Fisher Transform indicator has yet to dip into the -3 to -4 range, which would further improve the odds of a sharp rebound in the near term. However, if this is indeed a third wave of an Elliott Wave Grand Supercycle (years to decades), I expect BTC to hold above its November 2021 high (~$68,000) without major retracement. As long as this level holds, my outlook remains bullish, with a potential rally toward $250,000+ before a significant correction back to the $90,000–$120,000 range, consistent with past market cycles. Stay patient and trade wisely—good luck! For Bitcoiners: TP: What’s that? We HODL. SL: Buy the dip! 🚀 For Traders: TP: $89,000 – $91,000 SL: $76,500 (though, be aware of a daily wick to the downside, which could break through this level before going back up within minutes)
BITSTAMP:BTCUSDLong
by sanuwat25
Elliott Wave Analysis for Gold (XAU/USD)Impulse Wave (1-5)- , the chart shows a completed five-wave impulse structure (marked in pink). Wave 1 starts an upward rally. Wave 2 is a corrective pullback. Wave 3 is the strongest upward leg. Wave 4 consolidates before the final rally. Wave 5 completes the impulse move. Corrective Wave (ABC) A three-wave correction (ABC) has started after the impulse wave. Wave A initiated the first leg of the drop. Wave B provided a short-term retracement. Wave C is expected to extend downward, completing the correction. Negative Divergence Confirmation The Awesome oscillator shows negative divergence, indicating momentum loss before the correction. This confirms that the strong upward trend had weakened. Key Support & Resistance Levels 2800 Level: Crucial support zone—if broken, further downside is likely. 38.2% Fibonacci Retracement (~2800): Initial support level. 61.8% Fibonacci (~2725): A deeper correction could test this level. Further downside target: 2600-2500, if selling accelerates. Trading Plan & Considerations Bullish Case: If Gold holds above 2800 and breaks recent highs, the uptrend may continue. Bearish Case: If Gold breaks below 2800, expect further decline towards 2725-2600. Volume Analysis: Increasing red volume suggests strong selling pressure. Disclaimer ⚠️ This analysis is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or trade execution strategies. Trading involves significant risk, and you should conduct your own research or consult a financial advisor before making any decisions. Past performance does not guarantee future results. Trade at your own risk.
CAPITALCOM:GOLDShort
by shiva560060
EUR/USD Approaching Strong Resistance – Reversal Ahead?Eye-Catching Heading: 🚨 🚨 Description: EUR/USD has surged into a critical resistance zone, where strong selling pressure could emerge. The marked green zone represents a key supply area, and a rejection from this level might trigger a downside move. Key insights: ✅ Resistance Zone: 1.0980 - 1.1020 (Highlighted in Green) ✅ Potential Reaction: A bearish reversal from this area could push the pair lower. ✅ Watch for Confirmation: A rejection candle or bearish momentum shift could validate a short trade setup. Will the sellers take control here,
by Greenfireforex
1
GBP/USD Breakout Confirmation – Next Move to 1.3068?Eye-Catching Heading: Description: GBP/USD has broken out of a falling wedge pattern, signaling a potential bullish continuation. The breakout aligns with strong momentum, and we are now observing a retracement before the next leg higher. Key levels to watch: Support Zone: 1.2880 - 1.2854 (marked in red) Target Zone: 1.3068 (highlighted in green) The price is currently in a pullback phase, which could offer a great buying opportunity before the next bullish wave towards the 1.3068 level. Confirmation of a higher low in the gray zone could validate further upside movement. What are your thoughts on this setup
by Greenfireforex