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Elliott Wave

USDCAD – Bullish Reversal After Completed Wave 5 and AO DivergenAnalysis: The USDCAD daily chart shows a textbook completion of an Elliott Wave 12345 sequence. Wave (5) has just completed, supported by clear bullish divergence on the Awesome Oscillator (AO) – a classic signal suggesting exhaustion of bearish momentum. What strengthens the bullish reversal bias is the presence of a bullish engulfing candle at the end of Wave (5), right at a key structural low. This candle formation, combined with the divergence, provides strong evidence that a corrective wave (likely Wave A or a larger reversal) may be underway. 🔍 Key Confluences: Wave 5 ends in a falling wedge structure. AO shows higher low on Wave 5 compared to Wave 3 → Bullish Divergence. Bullish engulfing candle confirms momentum shift. Price action breaking out of the wedge pattern. 🎯 Trade Plan: I am waiting for a pullback toward the breakout zone to find an optimal buy entry. The ideal entry would be a retest of the bullish engulfing candle low or broken wedge resistance, turning into support. 📈 Targets: Initial short-term target: ~1.3850 (previous Wave 4 region). Mid-term potential: ~1.4050 depending on structure development. 🛑 Invalidation: A daily candle closing back below the low of the bullish engulfing will invalidate the bullish outlook.
Long
by AwesomeOscDad
DOGE/USDT trade planThe chart shows a completed WXY correction followed by a triangle (ABCDE), marking the end of the larger correction at Wave 2. Currently, Wave 3 is underway, with potential to enter the explosive sub-wave 3 of 3 soon. it will be the runner don't forget this coin 32RR trade setup Entry Zone (Buy Area): Between 0.154 – 0.172 USDT Supported by: 61.8% Fib retracement: 0.172 78.6% Fib retracement: 0.154 Strong structural support from previous breakout zones. 🟥 Stop Loss (SL): Below 0.110 USDT A break below this invalidates the bullish impulse wave count. TP1 ~$1.27 TP2 ~ $1.99 TP ~ $2.72 ⚠️ Risk Note: Not financial advice. Use proper risk management
Long
by HodlAhmad
2
Wave C Complete — Time for the Real Move on LaunchCoin?Yello, Paradisers! Is #LaunchCoin about to reverse from its brutal downtrend? After completing a probable ABC correction right at key support, the conditions are setting up for a potential bounce — but only for those patient and prepared. 💎#Launchcoinusdt ,We’re most likely looking at the final leg of a Zig-Zag correction pattern, with wave C landing precisely within a well-defined support zone between 0.1006 and 0.1060. This zone has held up well so far, and there’s a clear bullish divergence forming on the RSI, which statistically increases the probability of a short-term reversal from this level. 💎The structure suggests we’re near a local bottom, but follow-through is essential. A sustained reclaim of the 1.618 Fibonacci extension level could act as a confirmation trigger for further upside. If that occurs, we expect price to approach the next resistance at 0.1493, followed by a strong resistance zone between 0.1900–0.2000, and eventually the major resistance around 0.2200–0.2350. 💎However, invalidation remains clear: any 4-hour candle closing below 0.1006 would reduce the probability of this bounce playing out and shift the bias back toward further downside. Until then, the setup remains valid and tradable for those who follow a structured and disciplined approach. Paradisers! we are playing it safe right now. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Zambian Kwacha Technical Outlook - A Wave Analysts PerspectiveUSDZMW seems to have reached what appears to be a major market top after completing a classic 5 wave Elliott impulse cycle on the monthly timeframe. This marks the end of a multi-decade bullish structure and signals the beginning of a corrective phase potentially reshaping Zambia’s FX landscape in the medium term. Key Technical Insights: The final Wave 5 peaked at 28.97, followed by a sharp decline to 23.90 (at the time of this publication). A corrective ABC structure is now likely underway with fibonacci based downside targets around: Target 1: $1 = K22.31 – minor correction (23.6%) Target 2: $1 = K18.30 – medium correction (38.2%) Target 3: $1 = K15.05 – deep retracement (50% of the main wave on monthly TF) While various fundamentals, copper prices, debt restructuring and prevailing fiscal policies play a role, this technical setup suggests a strong medium to long term appreciation of the Kwacha is on the cards. We may be witnessing the early stages of a multiyear FX shift. Disclaimer: This analysis is for informational and educational purposes ONLY and does not constitute financial advice in any way. Market conditions are subject to change and all trading involves risk.
Short
by Timgucci
1
Dollar In Fifth Wave-Reversal In Trend May Not Be Far Away.The Fed will announce its latest policy decision later, and expectations are that Powell will keep rates on hold, especially after last week's slightly higher inflation print and still solid US jobs data. We can see some stabilization in the US dollar ahead of this event, but we have to keep an eye on geopolitical tensions in the Middle East, which coudl also play a key role in driving safe haven flows. Meanwhile, the stock market continues to trade sideways, and I don't expect any major breakouts or strong moves ahead of the Fed. Also, tomorrow is a holiday in the US, so that could contribute to slower market conditions into the end of the week, unless, of course, the situation in the Middle East gets worse. Looking at the DXY waves structure, I see athree-wave move from the most recent lows, so the fourth wave I highlighted a few days ago could now be approaching completion near this week’s key resistance around the 99 level. That’s definitely a level to watch for a potential fresh, but possibly final sell-off toward new lows around 97, maybe even 96. That’s where the DXY could stabilize, as ending diagonal pattern signals that we are likely in the late stages of wave five, meaning this bearish cycle could soon come to an end.
CAPITALCOM:DXY
by ew-forecast
IOLCP – Multi-Year Breakout Setup Forming? | Inverse H&S in FocAnalysis: IOL Chem & Pharma is showing signs of life after years of consolidation. A potential inverse Head & Shoulders pattern is forming with a neckline around ₹90–91. 📍 Key Levels: ✅ ₹91 – Breakout level on daily close ⚡ ₹111 – Multi-year breakout confirmation 🛡️ SL: ₹75 (below recent structure) Volume confirmation is critical for breakout sustainability. RSI is nearing bullish territory, supporting possible upside. 🎯 Breakout Target (on confirmation): ₹135–₹150 zone 📌 Watchlist stock – Needs confirmation. Stay alert for price action around ₹91–₹111.
NSE:IOLCP
by Pushpmegh
Distribution Zone Triggered⏰ Timeframe: 15-Minute (M15) 💱 Pair: EUR/USD 📍 Event: Distribution Zone Triggered ‼️ 🔍 Market Structure Breakdown: 1️⃣ Accumulation Phase 🟨 📌 Smart money builds long positions 📌 Stops hunted below support 2️⃣ Manipulation Phase 🟦 📌 Liquidity grab above resistance 📌 Trap set for retail buyers 3️⃣ Distribution Phase 🟥 📌 Entry for institutional sellers 📌 Shift in order flow to bearish bias 📊 What’s next? 🔻 Price likely heading to lower demand zones 🔄 Expecting continuation move post-distribution 🧠 Powered by Smart Money Concepts + Wyckoff Logic 🎯 Trader's Tip: Always wait for confirmation inside distribution to avoid false entries! #EURUSD #DistributionZone #SmartMoney #WyckoffLogic #LiquidityGrab #SMCTrading
Short
by Greenfireforex
DeFi Index Completes Irregular Flat Correction; Bulls Back?DeFi Index may have a completed irregular flat correction within an uptrend, which may cause another rally this year, according to Elliott wave theory. Cryptocurrencies are recovering and DeFi Index is now bouncing back above EW channel, so a five-wave impulse into wave (C) of an irregular (A)(B)(C) flat correction in blue wave B can be finished. It means that a higher degree blue wave C can now be in play, which can rally this year all the way back to March 2024 highs. Is this the beginning of an ALTseason? A basic bullish irregular flat correction is a three-wave (A-B-C) pattern where wave B exceeds the start of wave A and wave C dips below wave A before the overall bullish trend resumes.
Long
by ew-forecast
GOLD → Consolidation. Awaiting the FOMC meetingFX:XAUUSD is consolidating in the range of 3403 - 3373. The problem is that there is news ahead. FOMC and interest rate meeting. The market may react in any unpredictable way... On Wednesday, the price of gold retreated from $3,400 as sentiment stabilized and investors focused on the upcoming Fed decision. Tensions in the Middle East remain high, but there is less panic in the markets. The Fed is expected to leave rates unchanged. The focus is on forecasts for rates, growth, and inflation. Dovish signals could support gold and weaken the dollar. If the Fed is more cautious due to oil and the conflict in the Middle East, the dollar could rise and gold could fall. Technical nuances are irrelevant in this case, as price behavior depends on the market's interpretation of fundamental factors. Resistance levels: 3403, 3420 Support levels: 3373, 3339 BUT! Technically, I would say that there is pressure from the bears. The price is compressing towards the support level of 3373. The market remains unbalanced in favor of buyers, and it is logical that market makers will be interested in testing the trend support zone or the 3339 level (due to the liquidity pool) before continuing to rise (gold may continue to rise both if rates are lowered and if they remain at the same level. However, the tone of the Fed will play a major role here) Best regards, R. Linda!
FX:XAUUSD
by RLinda
17
A map of PepeusdtA right and left shoulder is made + head + Elyot waves analysis. This is a corrective rise and not a motive .. The movement It is expected to land on the area specified below in the coming weeks *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.
CRYPTO:PEPEUSDShort
by KhaldHegazy
1
ETH Macro Analysis☕ 𝙂𝙈. CRYPTOCAP:ETH Macro analysis update... 📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 outlook remains unchanged and recent price action printing a doji. Target is still $7k for this cycle. 📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 outlook has investors looking lower towards the $1900 target but this isn't guaranteed to be reached and price action may front tat $2200. War escalation's and retail selling are keeping price suppressed. ETF inflows and staking continue to grow! The time for patience continues. Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement 𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 Price is consolidating at its recent highs. Consolidation under resistance has high probability of breaking out, the longer it remains the higher the probability. Elliot Wave (EW) analysis suggests a motif wave ended at the $2700 resistance, with a wave 2 retracement underway, likely a shallow one. Safe trading
COINBASE:ETHUSD
by Maddox_Metrics
5
BTC Macro Analysis☕ 𝙂𝙈. CRYPTOCAP:BTC macro analysis update... 📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 outlook remains unchanged and recent price action is barely a blip on the weekly chart. SD+2 target is still $211k as a blow off top. 📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 outlook has investors looking lower towards the $92K target but this isn't guaranteed to be reached and price action may front those who wait. War escalation's and retail selling are keeping price suppressed as price changes hands to private companies and large wallets. The time for patience continues. Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement 𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 Price is consolidating under all time high resistance. Consolidation under resistance has high probability of breaking out, the longer it remains the higher the probability. Elliot Wave (EW) analysis suggests a motif wave ended with the poke above all time high (per the EW rules), with a wave 2 retracement underway. Price remains above the daily pivot (bullish) but below the DEMA (bearish). A triangle could still be forming but this is not my preferred EW count. Safe trading
BITSTAMP:BTCUSD
by Maddox_Metrics
1
SUI Macro AnalysisCRYPTOCAP:SUI macro analysis update... 📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 outlook shows price action still outperforming most alts with a great rally recently. Target remains the R5 weekly pivot at $15 📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 outlook has price pulling back, looking to find a bottom between $2.3-2.65 War escalation's and retail selling are keeping price suppressed as price changes hands to private companies and large wallets. The time for patience continues. Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement 𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 Price is testing the weekly pivot and daily S1 pivot as support Elliot Wave (EW) analysis was a strong, textbook motif wave with a wave 2 retracement underway. Wave 2 often extends to the 61.8 Fibonacci retracement of $2.4 but the alt-coin golden pocket is the 78.6 at $2.03. No surprises if we see that area revisited and could be a great buying opportunity. Price has lost the daily 200EMA and DEMA which is bearish short term. Safe trading
COINBASE:SUIUSD
by Maddox_Metrics
1
Mixed Signals On GoldIt’s been a while since I’ve posted an idea and for anyone who follows my posts, unfortunately I timed my trades poorly with the bearish pivot so I have taken a step back, and am now seeing some interesting developments happening in the market. For now, I’ll keep it brief. I wanted to post a quick analysis on TVC:GOLD ahead of the rate decision using elements of the Wyckoff method and Elliott Wave. If you asked me a month ago where I thought Gold was heading, I would have said ATH - and while that can still happen, I’m seeing weakness on today’s chart that is worthy of attention. For starters, The A wave established the pullback in a typical 3-wave pattern that mostly stayed within the channel. The bullish breakout was tested twice, so I would interpret it as bullish - however the subsequent flat movement and rejection at resistance suggests that the rise from May 14th could be losing steam. The current price ($3,382) is at a neutral level. From here, we could see several scenarios play out; a false bullish breakout, a true bullish breakout, or a break below the channel to retest demand. Breaking out of the channel could signal a Change of Character (CHoCH), and could indicate that smart money is distributing in a flat pattern. If the price breaks down key level of support would be at the Sign of Weakness (SOW), which has confluence with the extended lines of the Wave A channel. If Gold is set to rise to ATH, I still think it will need to pull back to find large buying volume in the middle of the Wyckoff channel (white rays) first. We will see what happens today, but it’s starting to look like the bears may have the upper hand here.
TVC:GOLD
by ap769
GBPUSD may form a false break of supportGBPUSD has wasted the entire daily move (ATR) and is forming a false break of the mirror level support and trading range support. The price fell on the background of the dollar growth (which is trading on the background of the global downtrend) Now, while the price is consolidating below the mirror level, sellers (physical persons) open deals. But, based on the situation and spent ATR when the price returns inside the range there will be a liquidation stage, which can provoke the price growth The price fixing above 1.34437 may be the beginning of a pullback (trend growth). Scenario: if the decline does not continue, and the price is able to consolidate above 1.3448, in this case we can expect a correction to 1.35, 1.353.
Long
by AndeWave
12
EURUSD: Price Action + Elliott Wave + SMC Analysis "Hello traders! Today, we're diving deep into EURUSD with a comprehensive analysis combining Price Action, Elliott Wave principles, and Smart Money Concepts (SMC). On the chart, we observe key price action elements including: * A 'Psychological FVG' (Fair Value Gap) around the 1.15100 - 1.15261 area, which could act as a potential resistance or reversal poin * A target or support level identified around 1.14494 and further down at 1.14502. Looking ahead, the diagram on the right illustrates a potential Elliott Wave structure integrated with SMC concepts: * We see proposed waves leading to a 'BOS' (Break of Structure) indicating a shift in market control. * An 'Imbalance' zone is highlighted, suggesting an area where price might seek to rebalance before continuing its move. * The overall structure points towards a continued bearish momentum after potential retracements. Key Takeaways: * Watch the identified FVG for potential reactions. * Monitor for further BOS confirmations to validate the bearish outlook. * The 'Imbalance' zone could offer shorting opportunities if price retests it. This analysis provides a multi-faceted approach to understanding potential future price movements in EURUSD. Always remember to manage your risk effectively. What are your thoughts on this analysis? Share your insights in the comments below! #EURUSD #Forex #PriceAction #ElliottWave #SMC #TradingAnalysis #TechnicalAnalysis #MarketOutlook #ForexTrading"
Short
by Greenfireforex
GOLD → Bear pressure. Area of interest: 3340–3306FX:XAUUSD continues to decline under pressure from sell-offs. However, the situation is interesting overall, as there is conflicting data and unexpected price behavior is surprising the market... On Tuesday, gold is trying to regain the $3,400 level after pulling back from highs, but it is still facing selling pressure and returning to $3,377. The market reaction to the $3,377 level is quite weak, and if the price starts to stick to support, this will lead to a further decline. The dollar is strengthening as a safe-haven currency, holding back gold's growth. The markets are focused on the outcome of the Fed and Bank of Japan meetings, as well as US retail sales data. Any dovish signals from the Fed could support gold and weaken the dollar. Technically, on D1, gold is returning below the 3382 level (selling zone) and testing 3377. The reaction to the false breakout of support is weak, and the price is forming a pre-breakdown consolidation relative to 3377. There are clear areas of interest that could lure the price before the news. For example, 3343, 3306, 3245. Resistance levels: 3382, 3403. Support levels: 3377, 3339, 3320 The bearish structure will be broken if the price strengthens to 3403 and consolidates above that level. This will reinforce buyers' expectations, which could lead to growth. At the moment, I would expect two scenarios: price consolidation within 3377-3403. But technically, the chart shows that there is bearish pressure in the market. The price continues to storm the support level of 3377, which may not hold up against another retest. A break 3377 could lead to a fall to the areas of interest at 3339-3306. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
21
TOTALCAP — The Next Trillion Crypto Move: Are You Ready?When people analyse the crypto market, they often default to Bitcoin and for good reason. It’s the one and only, the king. But sometimes, to see the forest instead of just the tree, you need to zoom out and study the broader picture. That’s where the Crypto Total Market Cap (TOTALCAP) chart comes in. It’s essentially the mirror of Bitcoin, but it offers powerful macro insight — not just price, but scale. Looking at trillions instead of dollars changes how you frame support, resistance, and overall sentiment. Let’s dive in. 🧠 Why TOTALCAP Matters TOTALCAP aggregates the value of every coin and token — the complete valuation of the entire crypto industry. And while it often moves in sync with Bitcoin, it carries a different weight. Shows the “big picture” of institutional and retail money flow Offers clearly defined round-number zones (Trillions) as psychological S/R Removes coin-specific anomalies and focuses on collective momentum In bull and bear markets, these trillion-dollar thresholds act like major checkpoints. Watching how TOTALCAP interacts with these levels can give early signals that BTC or alts alone can’t. Historical Key Levels & Structure Let’s break it down by macro phases: ✅ November 2021 — Peak of Last Bull Market: TOTALCAP peaked exactly at $3 Trillion. This level acted as a ceiling — once hit, the market reversed sharply. This marked the top of the 5-wave impulsive move (Elliott Wave theory). 📉 November 2022 — Bear Market Bottom: TOTALCAP dropped below $1 Trillion, bottoming at $727 Billion. This was almost a 0.786 fib retracement from peak — similar to BTC’s historical retracements. The $1T mark was retested as resistance before being reclaimed as support. 📈 2023–2025 — The Bull Awakens: $1 Trillion flipped into solid support throughout 2023. A clear sign the macro market structure had shifted bullish. Once $2T was breached, things moved fast. 🚀 Current State: The market surged above the previous $3T ceiling. TOTALCAP has hit a new ATH: $3.73 Trillion Now, the question is: Is this the start of a new leg higher, or a bull trap before a correction? 🔍 Fibonacci Confluences — Why $3.7T Was Key The sharp rejection at $3.7T wasn’t random. It aligns with: 1.0 Trend-Based Fib Extension: From 91.24B → 3T high → 727B low = 1.0 = 3.65T ✅ precise hit 1.272 Fib Extension of the macro move Upper Pitchfork Resistance Channel Top Rejection → All signals converged to mark that level as major resistance 🌀 Elliott Wave Macro Count Looking at the weekly timeframe, we can see a clear impulsive 5-wave movement from the 2022 lows: Wave 1: $727B → $1.26T Wave 2: Correction to $975B ($1T) (support confirmed) Wave 3: Massive rally toward $2.72T Wave 4: Pullback toward $1.69T (VWAP retest) Wave 5: $3.73T ATH What does this imply? According to classical Elliott Wave theory, after a full 5-wave move, the market tends to enter an corrective phase. 🔍 Some key levels to watch: $3T: Historical S/R (was the 2021 top, now acting as a key level) $2.31T: Recent swing low $2T: Psychological and structural support 📌 Zone of Interest for Longs: $2.31T–$2T This zone holds: Previous consolidation zone from mid-2024 Fib retracement confluence Likely forming Wave C bottom if this is a full ABC 🎯 Upside Targets — What If We Continue Higher? Looking ahead: 🔸 1.618–1.666 Fib Extension = $4.42T–$4.53T 🔸 1.618 TBFE from previous cycle = ~$5.45T 📌 Rounded Targets: $4.5T, $5T and $5.5T These are the next likely macro cycle targets — but only after a healthy correction and consolidation. ☀️ Macro Context & Summer Seasonality Historically, summer tends to be a weaker period: Lower volume Institutional rebalancing Geopolitical and macroeconomic uncertainty 📚 Educational Insight: TOTALCAP as a Tool Treat TOTALCAP like the S&P500 of crypto. Use round trillions as psychological levels: 1T, 2T, 3T, etc. Always check if BTC’s price is aligned with where TOTALCAP is on the macro structure Helps judge market strength even when BTC dominance is shifting It’s especially useful when altcoins pump or dump out of sync with BTC — you can use TOTALCAP to track the real flow of money. 💡 Final Thoughts We are likely in a corrective phase after a complete 5-wave cycle. The area between $2.31T and $2T offers high-probability long entries Watching how TOTALCAP reacts to these levels will help us anticipate the broader market’s next move Summer slowdown could mean chop — but this also creates opportunities 💬 Let me know your thoughts: Are we entering a deeper correction? Or will TOTALCAP surprise us with a new leg higher? Don’t forget to zoom out. The charts always tell the story. _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.
CRYPTOCAP:TOTALShort
by SiDec
7
Time for a Rise in Oil Prices $$$When analyzing the recent movements in oil prices through the lens of Elliott Wave Theory, it appears that the current structure is completing an ABC corrective formation. Initially, the A wave has developed as a strong upward 1-5 impulse structure. The B wave evolved through a classic ABC correction, pushing prices down to the support area marked as (B). Following this correction, early signals indicate the initiation of the C wave. In this context, the technical structure suggests a potential new upward momentum in oil prices with the activation of the C wave. The target zone for the C wave should be monitored in consideration of the existing trendlines and historical resistance levels. Nevertheless, under the current market conditions characterized by high volatility, it is critical to monitor volume and momentum indicators to confirm the C wave and ensure key support levels are maintained.
TVC:UKOILLong
by kofc
Elliot Wave Count Bitcoin - BTCElliot Wave count BTC. Last wave up could be 1st of 5th wave, but think it's a B wave, in expanded flat wave B can take on an impulsive structure and consist of five waves, allowing it to rise above the starting point of wave A. Supported by Elliot Wave count in Equity where probably wave 5 is also placed. And by latest lower high what could be start of market structure change. Invalidation above more or less 113-116k. Fib.time 0.66 gives turning point on July 6th in confluence with end of wedge. World is mega bullish with lot of fresh Longs (big-time in ETF's) waiting for overnight millions. Lets see how this count works out.
BYBIT:BTCUSD.P
by Helliot_Vermogensbeheer