Money_Dictators

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This 4-hour chart of XAU/USD is showcasing a WXY corrective pattern, a classic double zigzag (W)-(X)-(Y) correction after a strong impulsive move Wave (W) has topped, marking the end of the first corrective leg. A deep correction into the 0.5 Fibonacci retracement level occurred with wave (X), forming a potential higher low within the red demand zone. Now, wave...

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The USD/JPY pair is currently unfolding a clean impulsive 5-wave structure to the upside. The price action has already completed Waves 1, 2, and 3, and has entered a probable Wave 4 correction. Wave 3 appears extended and tapped into a key Fair Value Gap (FVG), which acted as resistance. Wave 4 is likely to develop as a shallow retracement, possibly forming a bull...

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The AUDNZD pair forms a falling wedge pattern, a bullish reversal formation that typically occurs after a downtrend. The price action is being squeezed between a descending resistance line and a descending support line, creating a narrowing range. The market is now attempting to break out of the wedge, with the current price testing the resistance line. A breakout...

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It appears that corrective Wave A in the GBP/USD pair is nearing completion, and Wave B may be forming. The Wave 1 to 5 structure seems to have been completed, indicating the beginning of an A-B-C corrective phase. If the correction unfolds as expected, potential upside targets are 1.32918 and 1.33555. However, if the market faces rejection below the...

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The CAD/JPY pair is currently trading within a well-defined descending trendline. Multiple rejections are visible around the 108.300, 105.864, 105.434, and 105.044 levels, confirming strong bearish control over the medium term. Price has recently bounced from a critical horizontal support near 101.246, forming a short-term bullish move toward the descending...

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XAU/USD appears to be in a textbook 5-wave impulsive structure on the 4H chart, with the market now completing Wave 4 as a classic ABC corrective flat/pennant. The impulsive move from the Wave 2 low has formed clear internal substructures, with Wave 3 exhibiting extended price action, consistent with Elliott Wave guidelines. Currently, price is consolidating in a...

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EURJPY outlines a clear W-X-Y corrective pattern. Wave (W) ended at 161.297 , followed by an upward corrective move in Wave (X), which topped at 162.665 with a classic ABC formation. Currently, the price is hovering around 162.084, likely forming Wave B of the final Y leg. A brief move higher could complete this B wave before the pair resumes its decline...

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Howdy Traders, AUD/USD has experienced a bearish rally for the past nine days, during which it found strong support at 0.65735 . This support level has proven reliable in the past, as it successfully held the market. Furthermore, a subsequent bullish rally was observed. In terms of the target, the market has confirmed a bearish outlook by breaking the 100-day ...

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The overall trend of EUR/USD appears upward when observed from a higher time frame, indicating that the 4th wave has completed and the 5th wave is in formation. Within the main 5th wave, sub-waves are developing, and it seems we are currently in the sub-wave of the 5th sub-wave. Once this sub-wave completes, the main 5th wave is also expected to complete. The...

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Daily TF DIVISLAB is nearing the completion of a complex W-X-Y corrective pattern. A long position could be considered after a breakout from the A-B-C channel, with potential targets in the 6100–6400 range. I will update more information soon.

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Currently, XAU/USD appears to have completed the third wave, and the beginning of the fourth wave seems to be underway, indicating the start of a corrective phase. This correction can potentially extend down to the 3118.486 level. In terms of targets, the key levels to watch are 3166.464 and 3117.451 . Following this correction, there is a possibility that...

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XAG/USD is currently trading in a corrective phase where wave B appears to have completed, and wave C is currently forming. Based on the current price action, it doesn’t seem likely that this entire move will result in a full bullish recovery. The structure suggests that this could be sub-wave C of wave 4, potentially completing around the 26.79944 level. Going...

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Quick read: McDonald's stock is poised for a bullish move, with Wave 3 likely starting and strong support near 290.50–295.00. Traders should long on dips within this range, for next resistance levels, 326.00 and 348.00 with a invalidation below 276.00. This setup offers a solid risk-to-reward in a long-term uptrend. Alternative safe entry is possible after the...

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The 3rd wave in EUR/NZD appears to have been completed, and the market seems to be entering the 4th wave. There is a possibility that the 4th wave could take support near the Fibonacci 0.5 level (1.19164). After that, the 5th wave of the impulse phase may move upward. If the market falls below 1.98303, it would confirm the beginning of the 4th wave. In that...

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The corrective phase is complete and an impulse move appears likely. A strong buy above the A-B-C channel could target levels around 30 - 37 - 45 or higher. Good entry is possible above 26. However, if conditions worsen, further corrections may ensue. I will update further information soon.

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In AUD/JPY, the 4th wave has been completed, and the 5th wave is in progress. According to Elliott Wave theory, there is a high probability of the market continuing its downward movement. Regarding potential targets, the price may reach 88.151 and 87.365 on the downside. However, a bullish move could also emerge if the market breaks above 89.645 .

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TF: 4h NFLX appears bearish at the moment. The corrective structure on the 4-hour timeframe suggests a potential decline. The current formation indicates that wave B likely completed at 998.61 , and the stock has now begun its descent into wave (C) of the correction. The correction may extend to the 100% projection of wave A at 788.67 , or potentially deepen to...

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This EUR/JPY daily chart shows an Elliott Wave analysis, suggesting a possible bearish continuation. The current wave structure indicates the pair is moving through the final phase of a five-wave impulsive sequence. The market has completed three waves of a larger impulsive cycle, with Wave (4) The price movement between Wave (2) and Wave (4) shows a pause or...