Elliotwavesglobal

Elliotwavesglobal

After completion of a triangle with an overshoot price made a clear impulsive wave to the downside. This means we have resumed the down trend. Currently price is pulling back for wave 2 before continuing down. High probability area to take a short is on the 4hrs supply zone which is aligned with the zone created with fib 61.8% and 78.5% I expect price will find...

Elliotwavesglobal

A structural change have provided a different bias as we had before. Currently a clear structure shows price have made a triangle correction and now it is dropping. Chances are price will continue to drop and make the 5th wave.

Elliotwavesglobal

Price made a zigzag for wave 2 and find resistance just below the terminal point of wave 1. Currently price have finished the first motive waves down signifying resume of bearish momentum. If this count is correct we should expect price to pullback and find resistance around the golden zone (fib retracement 50%-61.8%) then continuation to the downside will be...

Elliotwavesglobal

GBPNZD is lagging behind EURNZD It has just finished wave 5 of lower degree and now it is pushing up for a corrective wave 2. For the current price action am expecting a pullback for wave B before continuation to the upside to finish up wave 2 of higher degree.

Elliotwavesglobal

On 4hr chart we can see price have made an impulsive wave to the up side followed by a zigzag. Thereafter another impulsive move was made followed by a zigzag of lower degree. This accumulation phase shows a potential for a bigger longer term move to the upside. Find confluence and lower timeframe confirmation to catch up the expected bullish momentum.

Elliotwavesglobal

We have seen yesterday price made an expanding flat ABC and now is pushing up to finish up wave C for the possible end of wave 2. If this count is correct we should expect price to resume bearish momentum when when wave C is over.

Elliotwavesglobal

GBP/USD remains in an accumulation phase, setting the stage for a significant upside move. Current market structure suggests a potential Wave C of Wave 2 forming an ending diagonal. A breakout could confirm bullish momentum—stay alert for key levels! 📈🔥 #ForexAnalysis #ElliottWave #GBPUSD #elliotwavesglobal

Elliotwavesglobal

The week has started by price pushing lower to complete wave 5 with an ending diagonal. Currently price have made first impulsive wave to the upside. If this count is correct I anticipate a correction for wave 2 before pushing higher. Remember this is counter trend. #Elliotwavesglobal

Elliotwavesglobal

GBP/NZD has completed a leading diagonal for Wave A, signaling a potential corrective structure. Wave B appears to be unfolding as a triangle, suggesting a continuation pattern before Wave C develops. Traders should watch for confirmation of the triangle breakout for the next move. Stay prepared for potential trading opportunities #elliotwavesglobal

Elliotwavesglobal

GBPUSD remains in line with the running flat structure post-NFP, but the bullish breakout has yet to materialize. Price is holding above key support, and if the pattern plays out, we could see strong upside momentum soon. Will buyers step in, or is more consolidation needed before the move? Stay patient and watch for confirmation! 📊📈🔥 #ForexTrading #GBPUSD...

Elliotwavesglobal

EURJPY has respected the lower trendline of the triangle formation, showing strong rejection at support. The first impulsive wave to the upside suggests potential bullish momentum building up. If the structure holds, we could see a breakout and continuation higher. However, confirmation is key—watch for follow-through price action and volume before entering! Will...

Elliotwavesglobal

GBPNZD is undergoing a complex correction within a 7-swing WXY pattern. With Waves W and X already in place, the pair is now developing the early stages of Wave Y. This analysis explores key price levels, potential turning points, and the anticipated market direction based on Elliott Wave principles. Stay informed with this in-depth forecast.

Elliotwavesglobal

EUR/NZD has been trapped in a sideways range since July 2024, forming what appears to be a complex correction for wave 2. If this Elliott Wave count is accurate, the current resistance zone could hold, allowing bears to step in and drive prices lower to complete the second wave. Watch for reversal signals like engulfing candles or strong rejections before...

Elliotwavesglobal

GBP/USD has entered Wave 1 territory, invalidating the previous Elliott Wave count. Now, all signs point to a possible extended Wave 3, which could drive a strong trend move! 📉📈 Will the momentum continue? What are your views? Stay ahead with expert wave analysis! 🚀 #Forex #ElliottWave #GBPUSD

Elliotwavesglobal

The GBP/USD pair is approaching the end of Wave 4, with a potential support zone forming at the expected terminal point of the wave. If this level holds, we could see the start of Wave 5, presenting a possible bullish opportunity. Traders should watch for confirmation signals and key reaction levels to anticipate the next move. Stay tuned for detailed market...

Elliotwavesglobal

GBP/USD has completed its impulsive Wave 3 and is now forming Wave A of Wave 4, signaling the start of a corrective phase. Will the pair continue lower to complete Wave 4 before resuming the uptrend? Here’s my latest analysis on the next key levels!

Elliotwavesglobal

GBP/USD is nearing the completion of wave 5 of lower degree, signaling a potential pullback for a higher-degree wave 4 correction. This retracement could set the stage for the final leg up in the broader bullish structure. Will key support levels hold before the next rally? Here’s my in-depth Elliott Wave analysis!

Elliotwavesglobal

Price is moving to the upside in corrective way. The wave structures show a possible WXY complex correction and now we are about to finish wave C of higher degree wave Y. If we are correct we should expect price to drop.