Get started

Elliott Wave

Gold (XAUUSD) Elliott Wave + AO Analysis (1H Chart) – 10 May 20Overview: This 1-hour chart on XAUUSD highlights a clear 5-wave Elliott impulse, confirmed with Fibonacci extensions and the Awesome Oscillator (AO). Current structure suggests Wave (5) is in play, offering a high-probability short opportunity from the Wave (4) retracement zone. 🧠 Elliott Wave Count: Wave (1): Initial bearish leg Wave (2): Minor corrective pullback Wave (3): Strong impulse confirmed by AO convergence Wave (4): Corrective structure that respects the top of Wave (1) — valid Elliott structure Wave (5): Now in progress, supported by AO divergence → momentum weakening 📌 Note: Wave 1 and Wave 3 are commonly measured using AO convergence, validating the strength of the impulse waves. Conversely, Wave 5 is often identified by AO divergence, signaling trend exhaustion. 📐 Fibonacci Extension Targets (Measured from Wave 4): Expected zone for Wave (5) termination: 1.618 Fib: $3,312.17 2.618 Fib: $3,280.25 (most common) 4.236 Fib: $3,255.05 4.886 Fib: $3,241.30 (extreme extension) 📉 Wave (5) often terminates at 2.618 or 4.236 Fibonacci levels, especially when supported by AO divergence. 📊 AO (Awesome Oscillator) Insights: ✅ Wave (1) to (3): Clear convergence validates impulse 🚨 Wave (5): AO showing divergence = weakening sell momentum Confirms Wave (5) status and end-stage trend behavior 🛠️ 🔴 Short-Only Strategy: Trade Wave (5) From Wave (4) Entry Criteria: Short initiated near the Wave (4) zone (~$3,330–$3,347) Strong rejection candle (e.g., engulfing, pin bar) or breakdown confirmation AO turning from green to red or histogram weakening Stop Loss: Above Wave (4) high = ~$3,347 Take Profit Levels: 🎯 TP1: $3,312 (1.618 Fib) 🎯 TP2: $3,280 (2.618 Fib) 🎯 TP3: $3,255 (4.236 Fib) 🎯 TP4 (optional final target): $3,241 (4.886 Fib) Risk Management Tip: Adjust position sizing to align with stop above Wave (4) and TP zones at Fib targets. 🧩 Final Thoughts: ✅ High-probability bearish structure from Wave (4) 🚫 No bullish setups considered — focus is only on shorting Wave (5) 🔍 AO confirms both impulse strength and trend exhaustion via convergence/divergence 📐 Fibs align with standard Wave (5) projections 📈 Chart Context: Gold (XAUUSD) – 1H timeframe Indicators: Elliott Wave, AO, Fibonacci Analysis Date: 10 May 2025 Bias: Bearish only
FOREXCOM:XAUUSDShort
by Candydreamz
Chainlink (LINK) Update (12H) – Bullish Structure StrengthensIn our previous analysis, I outlined multiple technical reasons suggesting that LINK was preparing for a major bullish phase. Since then, LINK has surged over 25% from the level I initially highlighted. Upon reassessing the chart from a broader perspective, I’ve identified a reversed Head and Shoulders pattern forming on the higher timeframes — a classic bullish reversal signal. This has also prompted a revision of the Elliott Wave count on the macro structure. Updated Technical Insights: Wave Count: LINK is currently in Wave 3 of a larger bullish impulse, based on Elliott Wave Theory. Breakout Confirmation: The neckline of the reversed Head and Shoulders pattern is being breached, which aligns with the 1.618 Fibonacci extension — a typical target zone for Wave 3. If you entered based on the prior setup, you’re likely sitting on a 20–25% gain even on a 1x position. There’s no need to add or chase the price at this point — the optimal move is to secure profits by moving stop-loss to break-even and continue managing your position with discipline. Updated Target: The mid-term projection for LINK now stands around the $25 mark. — Thanks for reading.
Long
by vs_sayin
The Power of Elliott Wave Theory in TradingElliott Wave Theory is one of the most powerful tools in technical analysis when applied correctly. It offers traders a structured framework to understand market cycles, crowd psychology, and the rhythmic nature of price movements. What makes Elliott Wave unique is its ability to combine both directional bias and timing. By identifying impulsive and corrective waves, traders can anticipate not just where the market might go, but also when significant moves are likely to occur. When integrated with smart money concepts—like order blocks, liquidity zones, and market structure shifts—Elliott Wave becomes even more precise. For example, catching the end of Wave 2 or Wave 4 from a high-probability OB zone often offers explosive entries into Wave 3 or Wave 5, which are typically the most aggressive phases of a trend. In short, Elliott Wave isn't just a forecasting model; it's a roadmap that, when combined with price action and risk management, can elevate your trading to a professional level.
TShort
by soroushshahabi639
ETHBTCFrom the general view of the chart, we see that there has been a corrective rise in the Fibo ratio, which is a natural percentage for correction, and then a re-fall to a new bottom, unless the top of the area shown above is broken, in which case this analysis will fail. *In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
Short
by KhaldHegazy
Next goalFrom a general view of the chart, we find, according to the analysis, that this rise is not a motive, but rather a correction, and this indicates that there is another strong decline coming soon unless it breaks the analysis failure area specified above. *In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
CRYPTOCAP:OTHERS
by KhaldHegazy
the trap has layerswhat if i told you the dxy was not done yet, what if i told you, there was 1 more push up, 1 more test before it truly breaks and starts a bull market. what if i told you that on that final test, that final push up, the crypto market breaks and takes everything. --- you probably wouldn't believe me. --- looking at the dxy as a simple zig-zag with a complex flat in the b-wave. once wave b is completed, at about 110-111, i predict it drops down, deep and while it drops, it triggers alt season. 🌙
TVC:DXY
by notoriousbids
one last dancegm. you finally woke up and ethereum was soaring. you saw the bounce. the reclaim. the headlines. you convinced yourself the bottom was in. you drew trendlines, watched influencers say “we’re so back.” you wanted to believe. and that’s exactly what wave B needed. because this wasn't a breakout. it’s a reset. a psychological rinse, engineered to bait late longs and build fuel for the final l i q u i d a t i o n. this is the macro (W)-(X)-(Y). not hopium, not dreams structure. wave A brought devastation. wave B brought complacency wave C brings the execution. make no mistake: we’re not going up, we’re being set up. the chart says $742. you call it impossible. but the market doesn’t care what you believe. the market only exists to find the maximum pain, your maximum pain. eth to $700 is not a prediction. it’s a scheduled event. and you’re RSVP’d unless you wake up. wave C of wave (Y) is coming. and it doesn’t care how bullish you feel. ---
CShort
by notoriousbids
21
Stromm | BITCOIN Are You BULLISH Enough? When you zoom out to the 12-hour chart , Bitcoin actually looks really clean right now. Since my entry at $75,800, we’ve seen a solid 25% rally that’s clearly shifted the momentum back to bullish. - But even with that move, I’m not fully convinced yet that we’re on our way straight to a new all-time high. There’s still a lot of work to be done before that happens. Right now, I’m watching the zone between $96,400 and $102,300 as a potential reaction area — basically a spot where we could see Wave B complete. We’re hovering around the Yearly Open, which historically acts as both strong support and resistance, and we’re also right at the Previous Monthly High. If BTC can hold this zone, we absolutely could push higher toward $102K. However, I don’t think it’s realistic yet to expect a clean shot to $110K without a deeper pullback first. Most likely, we’ll need another flush lower to reset before any major breakout. That said, I’m still long and staying patient. If we do somehow rip toward $120K, I’m already well-positioned. And if we get another sell-off? I’ll be adding even more — no hesitation there. Of course, a lot of this depends on how the political and macro situation evolves. There’s definitely a world where the perfect narrative gets laid down, and we rocket to $120K. But there’s also a world where that doesn't happen — and it’s important to stay mentally flexible between "must happen," "could happen," and "might not happen at all."
Long
by stromm
1
Bitcoin: Blood in the Streets – Now is the Time!Once again, there’s blood in the streets—and from this point on I start scaling into spot positions again, slowly but deliberately. All of these are spot entries with soft stop-losses—not hard exits, but areas I’ll react to if needed. So why now? For one, we’re sitting right above the 38,2% Fibonacci level for the ending of the wave A. At the same time, we’re about to tap into a daily Fair Value Gap, while trying to hold the range support—two important technical levels lining up on the higher time frame. Below that, we have an untapped VWAP at $65.5K, which could act as a magnet, as it often does. And yeah—if we go under $62K or even $60K, the classic “time to work at McDonald’s” joke comes back. But seriously: in markets like this, you need to stay calm, have some humor, and most of all, know what’s possible. So I’m cautiously watching the S&P 500 closely, which plays a big role in this setup for me. That’s where I stand on BTC right now—careful optimism, grounded in context and reasoning for me.
Long
by stromm
2
Hexatronic - why I bought the stockHexatronic seems to be in an uptrend in my opinion and it has retraced very deep every single time it made new all-time highs. In EWT wave 2s are the ones that retrace very deep and if we take into account that there might be several wave degrees with 1-2 setups it means the stock might rise to new highs again. Considering the retracement from the very bottom of the price history is already approaching the 88.7% fib level The risk is fairly low in comparison to the upside. Based on the assumption of several 1-2 setups that need to unfold as 5 wave cycles the company has a bright future ahead and as far as I´m aware this is shared by the fundamental analysts as well. Please, comment if you have questions and support my idea if you like it.
OMXSTO:HTROLong
by Staggi10
Gold's Bearish Momentum Builds from PRZ-Short SetupGold ( OANDA:XAUUSD ) started to decline exactly from PRZ (previous idea) as I expected in my previous idea . And with the loss of the Support zone($3,387-$3,357) we can expect further decline. Gold is currently moving near the Resistance zone($3,387-$3,357 ) and the Potential Reversal Zone(PRZ) . From the Elliott Wave theory , Gold appears to have completed a five-wave impuls e and we should expect corrective waves . Since the momentum of the second decline that broke the Support zone($3,387-$3,357) is high , the correction is expected to continue and Gold appears to be completing a pullback . --------------------------------------------- The US Unemployment Claims Index was also released a few minutes ago, and let's take a look and examine the possible impact on Gold . This better-than-expected data confirms a stronger U.S. labor market , reducing the urgency for the Fed to cut rates anytime soon . Impact on Gold : A resilient job market supports the hawkish stance of the Fed , which could keep downward pressure on Gold in the short term as yields and the dollar remain firm. However, traders should remain cautious and watch for upcoming data and Fed commentary, which could shift the tone. --------------------------------------------- I expect Gold to start falling from Potential Reversal Zone(PRZ) to the targets I have indicated on the chart. The first target could be around $3,319 . Note: If Gold touches $3,401(the worst Stop Loss(SL)), we can expect the resistance lines to break and gold to rise further. Gold Analyze ( XAUUSD ), 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; 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.
OShort
by pejman_zwin
14
Bitcoin Hits PRZ — Reversal or Breakout?As I expected in my previous idea , Bitcoin ( BINANCE:BTCUSDT ) started to rise from the Support zone($95,760-$95,200) . One of the news that pumped Bitcoin was " Arizona Becomes Second U.S. State to Adopt Bitcoin for State Treasury " Bitcoin is trading in the Resistance zone($100,200-$97,700) and near the upper lines of the Ascending Broadening Wedge Pattern , Time Reversal Zone(TRZ) and Potential Reversal Zone(PRZ) . Also, we can see a Regular Divergence(RD-) between Consecutive Peaks. From an Elliott wave theory , it seems we should wait for corrective waves because the Cumulative Short Liquidation Leverage($100,888-$99,826) is very important and I DO NOT expect it to be broken by a single attack . Another point we can pay attention to is the existence of two small CME Gaps , the first CME Gap($98,430-$98,380) is likely to be filled. I expect Bitcoin to drop to at least $98,100 in the coming hours, and if the Support zone($97,900-$97,240 ) is broken, we should expect further declines, so I will label this idea as ''Short' '. Cumulative Long Liquidation Leverage: $98,500-$97,514 Note: If Bitcoin can break the Potential Reversal Zone(PRZ) with the good volume, we can expect a new All-Time High(ATH). Do you think Bitcoin is on track for a new All-Time High(ATH)? 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 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.
Short
by pejman_zwin
19
BTC HOLDING LEVELSDear friends, I want to analyze and discuss Bitcoin's future movements without any unnecessary chatter. Looking back at my previous analysis of BTC, I mentioned that I was waiting for lower prices to buy Bitcoin, and it seems we are at the beginning of the correction waves I was anticipating. I have identified three price levels where I plan to invest. It may take days or weeks to reach these levels, but once they do, I will buy Bitcoin and wait for it to reach $135,000 or even higher. I expect the price to continue its downward trend, potentially reaching $70,000 or lower. I plan to make my purchases at $80,000, $75,000, and if the price hits $67,000, I will invest my full budget. My first target is $135,000, which I believe could be achieved in the coming months or years. IMPORTANT: I will sell my holdings if the price continues to drop to $54,000. This could lead to significant issues for Bitcoin and its holders, so if that happens, I will exit my position and wait for new upward momentum. "IT'S JUST GOOD BUSINESS"
Short
by armindehghani
1
Why I'm Bullish on the DXY: A Fundamental Approach!Powell continues to take a cautious tone, emphasizing a wait-and-see approach while acknowledging rising inflation risks, which suggests there's no urgency to cut rates. This leans slightly hawkish, especially compared to the market’s more dovish expectations, and could support some near-term Dollar strength. However, a more sustained move in the USD likely hinges on progress in upcoming trade discussions—particularly with China. Today's FOMC outcome is just one part of the broader picture; the next key signal may come with developments in the coming days. For now, the bias remains USD bullish heading into the London session. Technically, the DXY has broken its downtrend, signaling a potential shift in momentum. I’ll be watching for a possible retracement toward the 99.700 area, which could serve as a key support level before any further upside continuation.
TVC:DXYLong
by JoeChampion
4
BTC Elliott wave analysis 5/9/2025 (Big Picture)For me, I think that we are going to the End the wave 5 of the BTC Supercycle . As you can see , the wave that we are now have very small accumulation making it should be wave 5 rather than the begining of new cycle or the correction wave since both usually have large accumulation.The Gann fan suggest that the End of the wave 5 should be around 128,000$-132,000$. And after the time that it finish the wave 5 it would be coincided with the depression that many economist suggest that it would happen.Surprisingly, It also coinside with the Modern Elliott Wave theory suggesting that a Grand Supercycle wave five is nearing completion in the 21st century, likely leading to the deepest economic downturn since the 1700s.
Long
by jirapattinn