Get started

Elliott Wave

NZDUSD - Elliott Wave Setup: Eyes on the Buy Zone!NZDUSD - 3D Chart Elliott Wave Outlook We've been tracking NZDUSD over the years and each move continues to align with Elliott Wave Theory. The current structure is unfolding as a large ABC corrective pattern. - Wave A and the complex Wave B (WXY) are now complete. - We're now in Wave C, and we expect it to target the highs of Wave A. Recently, NZDUSD made a clear bullish impulse but has been consolidating for the past 3 weeks. This correction is likely to resolve with a bullish breakout. We've marked a buy zone between the 38.2% and 50% Fibonacci retracement levels, which we believe is the ideal entry area. We'll be watching this zone closely for lower timeframe bullish confirmations like a break of structure (BOS) or trendline break. Trade Plan: - Wait for price to enter the buy zone - Look for bullish confirmations (BOS, trendline break) - Enter after confirmation, with stops below the corrective lows - Targets: 0.63 (500 pips), 0.65 (700 pips) Goodluck and as always, Trade Safe!
by WicktatorFX
2
CRV is Getting Ready For a Skyrocket Move (1D)CRV has formed a Cup & Handle pattern — a well-known structure that typically signals a bullish reversal. From a broader technical perspective, there's additional confluence suggesting a potential trend shift. If the most recent dip holds, it may confirm that CRV has completed its bearish cycle and has now entered a new five-wave bullish structure. Based on the current price action, it's likely that wave 3 is unfolding at the moment. Interestingly, the depth of the Cup & Handle formation aligns well with typical wave 5 targets, offering additional validation for this setup. In this scenario, the wave 3 target sits around $0.78, which also coincides with a previously untapped order block — adding further credibility to the level. For a longer-term outlook, wave 5 could extend above the $1.00 mark, depending on market conditions and overall momentum. Moreover, the Ichimoku Cloud is currently reflecting a bullish bias, with price action moving above the cloud and supportive Tenkan-Kijun alignment — reinforcing the overall bullish outlook. Achieving this target may take time — but as we all know, in crypto, time often behaves differently. — Thanks for reading.
Long
by vs_sayin
Still looking for downside on SPX500USDHi traders, Last week SPX500USD consolidated the whole week so nothing changed for the outlook. It looks like price is forming a leading diagonal (wave 1). So next week we could see a (corrective) move down from the Daily FVG above. Let's see what the market does and react. Trade idea: Wait for price come into the Daily FVG above and a change in orderflow to bearish, a small impulse wave down and a small correction up on a lower timeframe to trade (short term) shorts. If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:SPX500USDShort
by EduwaveTrading
Up again for EUHi traders, Last week EU made another wave down into the Weekly/ Daily FVG. The bigger correction could now be finished (or one more small leg down into the Daily FVG). If this is true then next week we could see the next impulse wave 5 (black) up. Let's see what the market does and react. Trade idea: Wait for a small impulse wave up and a correction down on a lower timeframe to trade longs to the higher Weekly FVG. If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
Long
by EduwaveTrading
1
GOLD → Return to range. Fall from resistance...FX:XAUUSD is reacting to data related to the tariff war. The price is returning to the range and forming a false breakout of resistance. The level of 3370 and the zone of interest at 3387 play a key role. On Thursday, gold rose to $3,400 amid a weaker dollar, increased demand for safe-haven assets, and continued uncertainty due to US trade policy and tensions in the Middle East and Ukraine. The Fed left rates unchanged and expressed caution in its assessment of the outlook, which also supports gold's rise. However, in the European session, we are seeing gold react to the trade deal with Britain, most likely due to the easing of tariffs. Now the main focus is on the terms of the deal. We should not forget about China, where the situation remains tense, but everyone is waiting for a resolution. Resistance levels: 3352, 3369, 3385 Support levels: 3319, 3269 The fundamental backdrop changes several times a day. At the moment, the situation is as follows: the rise of the dollar, the weakening of the tariff war, and the hawkish stance of the Fed may put pressure on gold. Therefore, I expect the decline to continue after a retest of 3370-3386. In this case, the target could be 3319. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
36
SOLANA → Resistance level and free zone for growth up to 180.0BINANCE:SOLUSDT.P is holding steady and consolidating near the resistance level of the global price range of 152.85–111.85. Thus, the market has signaled that it is in a positive mood. A trigger is ahead... SOL is forming a flag consolidation near the upper border of the trading range of 152 - 111, which indicates the accumulation of pre-breakout potential. A breakout from the flag, a break of resistance, and consolidation above 152.85 could provide support and growth. The cryptocurrency market is reviving after yesterday's news and relatively positive data in the tariff war. Countries are gradually beginning to agree, which is generally supportive for the crypto market. Resistance levels: 152.85 Support levels: 144.6, 141.2 A breakout of the resistance range of 152.85 and consolidation of the price above this level will confirm the readiness for further growth. Further on, there is a free zone and the price can easily reach 180.00. Best regards, R. Linda!
Long
by RLinda
16
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 AwesomeOscDad
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.
TVC:GOLDShort
by soroushshahabi639
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
2
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. ---
CRYPTO:ETHUSDShort
by notoriousbids
23
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