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Elliott Wave

GOLD → Distribution. There is potential for growth to 3450–3500FX:XAUUSD breaks through consolidation resistance and forms a distribution pattern. A breakout of 3345-3358 could lead to another rally amid high economic risks... Gold is rising for the third day in a row amid growing concerns about new tariffs announced by Trump. He threatened to impose tariffs on Canada and most of its trading partners, as well as the EU. Despite the strengthening of the dollar, demand for gold remains strong due to uncertainty and expectations for US inflation data next week. Investors are cautious ahead of CPI and the Fed's possible response The correlation between gold and the dollar is declining, with gold rising due to geopolitical reasons amid high economic risks. If the bulls keep the price above 3300-3345, the market could be extremely positive for 3400-3500. Resistance levels: 3345, 3358 Support levels: 3330, 3308 Gold has broken through the resistance of the “triangle” consolidation pattern and is forming a distribution phase towards the zone of interest 3345 - 3358, from which a small correction may form before growth. Since 3345 is an intermediate level, the focus is on 3358. I do not rule out the possibility of a long squeeze of the support levels 3330, the triangle support, and 3310 before the growth continues. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
Will NIFTY make a price correction? My first scenario is still valid and I think it is more likely to happen. It seems that Wave-g has ended from the second pattern and I think NIFTY50 will decline at least to the price range of the X-wave and there we need to check the waves again to see what pattern is forming. To confirm this scenario, a break below the key level of 25000 is very important. I have also proposed a second scenario that this correction may be an X-wave and after that the price can eventually grow to 25680-26133 and spend time there to complete the third pattern. This scenario is also valid as long as the price remains above the level of 25000. The price correction that is forming can be a double combination pattern like triangle - X - diametric or triangle - X - triangle. Good luck NEoWave Chart Good luck NEoWave Chart
NSE:NIFTYShort
by NEoWave-Chart
Bitcoin - Ready for a new all time high! + ALT SEASON startingBitcoin is breaking out of the symmetrical triangle and showing major signs of strength, so we can expect to hit a new all-time high in the short term! Bitcoin was struggling in the past weeks compared to the stock market, but this should end! Why do I think that the alt season is starting? To answer this question, we need to look at the BTC.D (Bitcoin dominance chart). if BTC.D goes up, that means money is flowing out of altcoins to Bitcoin, and when BTC.D goes down, that means money is flowing from Bitcoin to altcoins. And we want BTC.D to go up! So what is the chart telling us? First of all, this is not exactly BTC.D on TradingView, but this is BTCDOMUSDT.P. I think this chart may give us a better outlook on the dominance at the moment. So what we can see here is that the long-term trendline is breaking down, that's a pretty rare event. That's definitely great news! Time to buy some altcoins and prepare for a bullish altcoin season. I would say forget about Bitcoin and a 5% profit; let's buy some altcoins, and I want you to tell me in the comment section, what altcoin do you believe in? Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades! Trading tip at the end: Learn to bear losses - A trader needs to accept the losses to maintain their emotional stability. Losses are a crucial internal part of trading that helps traders to learn how to grow from their losses. Traders learn from losses and implement required changes in their strategies for better results in future trades.
Long
by Xanrox
162
NVIDIA ($NVDA) Elliott Wave Outlook: Larger Pullback on the HoriNvidia (NVDA) continues its remarkable ascent, consistently reaching new all-time highs and reinforcing a robust bullish outlook. The ongoing rally, which began from a significant low on April 7, 2025, remains structured as an impulsive wave pattern, indicative of strong upward momentum. However, despite the potential for further short-term gains, the cycle appears mature. This suggests a larger-degree pullback could be imminent. Investors should exercise caution when considering chasing this rally in shorter time frames, as the risk of a corrective move grows. In the short term, the cycle initiated from the June 2 low is progressing as a lower-degree impulse. From this low, wave ((i)) peaked at $144, followed by a corrective pullback in wave ((ii)) that concluded at $137.88. The stock then surged in wave ((iii)) to $159.42. The subsequent wave ((iv)) correction unfolded as a double-three structure, with wave (w) ending at $151.49, wave (x) at $154.98, and wave (y) completing at $151.10, finalizing wave ((iv)). Currently, Nvidia is advancing in wave ((v)), exhibiting a five-wave subdivision. Within this, wave (i) of ((v)) reached $160.98, with a minor pullback in wave (ii) concluding at $157.34. As long as the pivotal low at $142.01 holds, any near-term pullbacks are likely to attract buyers in a 3, 7, or 11-swing pattern, supporting further upside potential. This technical setup underscores Nvidia’s strength but highlights the need for prudent risk management.
NASDAQ:NVDA
by Elliottwave-Forecast
#Nifty directions and levels for July 11th:Good morning, Friends! 🌞 Here are the market directions and levels for July 11th: There have been no major changes in the global market. It has been maintaining a moderately bearish sentiment, and our local market is also showing a moderately bearish tone. Gift Nifty is supporting this view by indicating a gap-down start of around 110 points. So, what can we expect today? In the higher time frame, the market still holds a bullish bias, however, the lower time frame reflects bearish sentiment. If we analyze this with chart patterns, it appears to be forming a channel pattern. So, if the market finds support near the bottom of this channel, it may take a pullback after the gap-down, which would mean the channel pattern may continue further. On the other hand, if the market declines sharply or consolidates near the channel bottom, then the correction is likely to continue.
NSE:NIFTY
by Manickamtraders
4
KSMUSDT D – Start of Wave 3? After a clear 5-wave impulsive move up, KSMUSDT seems to have completed a deep ABC correction, potentially marking the end of Wave 2. 📉 Wave 1: We had a clean five-wave move from the bottom, which fits classic Elliott Wave structure. 📉 Wave 2: The correction that followed was much deeper than the ideal Fibonacci retracement zone. However, crucially, it never violated the low of Wave 1, which means it still holds valid under Elliott Wave rules. The correction unfolded as a textbook ABC pattern, with Wave C digging deep into the previous structure — showing panic selloff and possibly a final capitulation. 🔄 Key Development Now: The resistance trendline of the correction has just been broken, suggesting potential momentum shift. This could mark the beginning of Wave 3, which is typically the strongest and most impulsive wave in Elliott Wave theory. 📈 Potential Target for Wave 3: Around the 39.5.80–42.00 area based on Fibonacci projections, but this is an early assumption and requires confirmation by price action and volume. ⚠️ Important Risk Note: Despite this bullish technical setup, the current market remains risky. The bounce is fresh, and confirmation is still lacking. There's still the possibility of a deeper retest or invalidation of this count if price closes below the base of Wave 1. 🧠 Trade Plan: - Wait for follow-through confirmation. - Manage risk carefully — this is an early entry scenario. - A stop below the recent low (~11.30) would be logical for this wave count. 📊 What do you think? Is this the beginning of a powerful Wave 3, or just another fakeout? 💬 Drop your thoughts or alternate wave counts in the comments!
by TheWaveHunter
Bitcoin Makes New ATH – Next Sequence in Play 🚀 CRYPTO:BTCUSD has officially broken into new all-time highs, confirming the next bullish sequence is underway. The upside projection now opens toward the $135K–$144K zone, aligning with long-term Fibonacci extensions and cycle projections. 📌 As always, it won’t be a straight line—expect step-by-step progress, with consolidations and pullbacks along the way. But the structure remains bullish, and the path is unfolding.
Long
by AlienOvichO
BTC: Macro Structure [Weekly Timeframe]Sharing my current view on the macro price structure of Bitcoin, outlining both main and alternative scenarios based on trend wave analysis. Macro Trend Overview and Main scenario The uptrend from the Nov ’22 bottom shows a classic 5-wave impulsive structure, closely aligning with ideal Fibonacci proportions: Wave 3 peaked within the 1.382–1.618% zone Wave 4 found support in the 1.236–1.000% area Wave 5 topped near the 2.000% / 0.618% projection (measured from the Nov’18 bottom to Nov’21 top, projected from the Nov’22 low) Wave (2) was relatively short in time and depth, but technically acceptable as complete. Given the broader technical structure, macro fundamentals, policy tailwinds, and social sentiment - I consider wave (2) to be finished. The rally from April’25 low to May’25 high looks impulsive, followed by a clean three-wave pullback into the June’25 low - a structure consistent with the start of a new uptrend, within a larger degree wave (3). If this is the case, given the fractal nature of the markets, price should Fibonacci proportions similar to the Nov’22 - Mar’24 cycle. For this bullish count to remain valid, BTC must break and hold above the 126–134K resistance zone. This would open the door to next resistance zone be tested nex: 170–190K and 200–220/250K, where I’d expect a major top to begin forming, possibly, the start of a multi-year higher low formation. Alternative Scenario If price fails to break above 126–134K and starts showing reversal patterns, then the yellow count remains valid suggesting the entire trend from Nov’22 has peaked, and BTC could be entering a deep, prolonged correction (as per the yellow count). In Summary As long as weekly closes stay above 111.9K, my base case favors continued upside into 125–135K, where the next major decision zone lies: • Either a short consolidation before breakout • Or formation of a macro top For more detailed levels and daily trend structure (including ETH, SOL, XRP, and HYPE), check out my recent video idea and Minds post. Thank you for your attention and I wish you successful trading decisions! If you found this idea helpful, I’d really appreciate a boost — and would be glad to have you as a subscriber! Thank you for your attention and I wish you successful trading decisions! * I'm keeping the same structure read from my public Mar'24 analysis:
BITSTAMP:BTCUSDLong
by artemfedorov
XAUUSD Elliot waves update: What to expect?Bullish bias is still on. Price made impulsive wave 1 of lower degree and now we should expect price to continue up to test the upper trend line. There is also a possibility that the 4th wave is still in play and a possible triangle is about to be finished, however, this does not change our current bias to the upside. I am expecting price to drop to test the extreme order flow before continuing. To take advantage of the bullish move one need to find the entry around this extreme order flow marked with a rectangle. "Trade responsibly, this is not financial advice"
OANDA:XAUUSDLong
by Elliotwavesglobal
Support Under Siege – Is Gold Ready for Another Leg Down?As I expected in the previous idea , Gold ( OANDA:XAUUSD ) rose to $3,343 on the 1-hour time frame , but failed to break the Resistance zone($3,350-$3,326) and started to fall with relatively good momentum . Do you think Gold can finally break the Support zone($3,312-$3,280) and Support lines , or will it rise again? Gold is currently trading in the Support zone($3,312-$3,280) and near the Support line s. It has also managed to break the downtrend line . In terms of Elliott Wave theory on the 15-minute time frame , Gold appears to be completing a main wave 4 . The main wave 4 appears to follow Double Three Correction(WXY) . Also, the main wave 3 is extended due to the high downward momentum. I expect Gold to start falling again by entering the Potential Reversal Zone(PRZ) or Resistance zone($3,302-$3,296) and eventually breaking the Support zone($3,312-$3,280) and Support lines, Gold's falling targets are clear on the chart. Note: Stop Loss (SL) = $3,313 Gold Analyze (XAUUSD), 15-minute 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.
OANDA:XAUUSDShort
by pejman_zwin
29
A New Chapter Begins with EURUSD’s ABC Wave Formation!🎯 Hey Guys, I’ve prepared a fresh EURUSD analysis for you. The market has shifted direction, and an ABC wave structure has emerged. I’ve placed a Buy Limit order based on my entry level. Below, you’ll find my detailed target zones and entry specifics: 🟩 Buy Limit Order: 1.17197 🟥 Stop Loss: 1.16903 📌 Targets: 🔹 TP1: 1.17344 🔹 TP2: 1.17538 🔹 TP3: 1.17869 📊 Risk/Reward Ratio: 2.27 Your likes and support are what keep me motivated to share these analyses consistently. Huge thanks to everyone who shows love and appreciation! 🙏
Long
by TraderTilki
1