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Elliott Wave

XAG getting ready for another run down.I believe XAG has finished the blue ((c)) of green (iv) with an ending diagonal, and now doing the first 1-2 of the green (v) wave of gray ((c)). The price might do a very small retrace to 31.12 before starting a 3rd wave down. I believe the green (v) is going to the green box area at 28.15 - 27.40 area. But I actually have a weekly trendline lower down, which the price might want to go won and test, which also fits with the idea that the (v) wave could go all the way to the 100% Fiblevel of (i)+(iii) level. This would mean the price would probably test the 25.0 level.
OANDA:XAGUSDShort
by TheDane
Elliott Wave Analysis – Focus on Wave StructureBINANCE:SOLUSDT The current setup shows a completed green (A) wave, followed by a corrective (B) wave unfolding as an A-B-C structure. Within wave (C) of (B), we can clearly identify a 5-wave impulse: Wave 1 is complete Wave 2 formed as a correction Wave 3 extended strongly Wave 4 is currently developing Wave 5 is expected to complete wave (C) of (B) Once this move finalizes, a larger downward (C) wave is anticipated to complete the overall corrective pattern. This setup remains valid as long as the internal structure respects the rules of Elliott Wave Theory.
by ElliotXSolana
3
My take on Gold. It's a difficult one..This is the read that makes most sense to me. And I have zoomed all the way into 15m, for you to be able to see my thoughts around it all. For that wave down from April 2nd to April 7th to make any sense to me, I have labeled it as W-X-Y to complete (A). At first I had labeled it as a diagonal, but then price should not have retraced as much as it has since April 7th. And I also believed Gold has finished a 5th of a 5th wave, so we need to see some more correction before price head to the upside again. I simply can't read the retracement back up since the April 7th as a A-B-C, and this is why I believe price is just finishing up the A wave (and it might already have) before it goes into the B correction. The initiated wave down (wave B of (B)) I believe will go down to 3,044 - 3,013 level and then finish of the flat with a wave C of (C). This wave C should be able to go to the 3,130 - 3200 level. But as I said, first we spend some days to the downside heading for that 3,044 - 3,013 level. What is your current take on gold?
OANDA:XAUUSDShort
by TheDane
1
Nasdaq and S&p500 short: Completion of B waveI mentioned in my previous analysis that we are waiting for a short (the previous one was a long-then-short linked with this idea). I did not post any short idea yesterday after that NOT because I am good and recognize a double combination. It's really because I was too busy with work and I am glad my last was a long-then-short. Back to this, remember that the huge volatility has caused the points in the chart to compress and thus even though the stop loss looks small, it is actually still quite a number of points away. So my suggestion is to manage your size and keep it small relative to your account. Good luck!
OANDA:SPX500USDShort
by yuchaosng
4
A correction to my previous read of AUDUSDI had to correct my reading of AUDUSD, and taking another look at it, it also makes more sense now. It had a little more correction to finish, and I believe it has now finished the correction it has been in since '21, and here finished what I call the Z wave. Now I'm waiting for the pullback into the green box in the area of 0.60588 - 0.60244 where it will finish the second wave. It might go a little lower to the fiblevel 0.786 but price has no business under 0.59138 level. Then this count will be invalidated. If this truly is a new impulse, then after visiting the green box price should go all the way up to minimum of 0.64314 and go into the yellow box area, before it will start the 4th wave correction. I can't see this as being a A-B-C correction, BUT if it is, price would slow down at the 0.62640 level and eventually end at 0.63220 level. But this is not my favored count. You are welcome to give me your thoughts on this.
Long
by TheDane
LTOUSDT – Wave C Correction Ending Soon? Multi-Timeframe ElliottTimeframe: Monthly (Logarithmic View) Pair: LTOUSDT Methodology: Elliott Wave Theory + Fibonacci Extension + Divergence Analysis This analysis suggests that LTOUSDT is currently undergoing a complex corrective structure within the second major wave on the monthly timeframe, interpreted as part of a larger Elliott Wave cycle. Wave A appears to have formed a double zigzag pattern. Wave B is identified as an expanded flat, displaying strong internal complexity. Wave C, which is currently in progress, also shows characteristics of a double zigzag, suggesting we are approaching the final leg of this corrective phase. Further internal structure mapping indicates: The market is likely completing Wave 5 of Wave 3 of Wave C of Wave Y of Wave B, based on lower timeframe breakdowns. Indicators: Despite clear bullish divergence observed on both the MACD and RSI in the Monthly chart, no confirmation of reversal has occurred yet. These divergences, in combination with the completed corrective structure, point toward a potential trend shift, pending fundamental confirmation. External Factors: The asset has recently received a Monitoring Tag on Binance, which may be influencing investor sentiment and delaying technical reversals. Broader macroeconomic uncertainty, including potential changes in U.S. interest rate policy and recent tariff-related geopolitical developments, may also be contributing to current price stagnation. Fibonacci Logarithmic Extension Projection (Wave 3 Potential Targets): Based on Wave 1 ($0.02 → $0.909) and Wave 2 retracement to $0.0247, the following Fibonacci log-scale targets are calculated: Extension Ratio Projected Target Price 1.000 $1.21 1.272 $3.1 1.618 $11.8 Note: These are long-term log-scale projections and should be adjusted based on evolving price action and structure validation. Invalidation Level: Wave count would be invalidated upon a breach below $0.02 or Fibonacci Extension 100% of Wave 1 → 2 → 4 projection within Wave 3, as previously defined on lower timeframes. This post is meant to highlight structural observations from a purely technical standpoint and does not constitute financial advice. Further validation across timeframes is advised.
Long
by Kurozcrypto
GOLD → Bounce back to accumulate energy before growthFX:XAUUSD confirms interim bottom at 2970 after a false breakdown and as part of the escalating trade war, price is strengthening from support to the important medium-term level of 3054. Further dynamics will depend on the market reaction to the minutes of the March Fed meeting and the introduction of reciprocal tariffs between the US and China. The introduction of 104% duties on Chinese goods increases trade tensions, reduces investor confidence and supports the price of gold against the background of a weakening dollar. Even with the Fed's cautious rhetoric, gold may keep rising due to the escalating trade war. The medium-term situation depends on the Fed (namely hints or actions on rate cuts), the trade war and negotiations on the situation in Eastern Europe Resistance levels: 3054, 3077, 3099 Support levels: 3033, 3013 (0.5f), 2995 Since the opening of the session (the price has passed the daily norm) gold has exhausted the technical potential and the 3054 area may push the price down (false breakout). As part of a technical pullback, gold may test 3033 - 3013 before looking at upside attempts again. Additional scenario: pullback to the fvg zone (0.7 - 0.79 fibo) before further growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
22
USDCAD → Weak dollar provokes continuation of downtrendFX:USDCAD under the pressure of a weak dollar and downtrend may renew its lows. The fundamental background for the dollar is weak, the market reacts accordingly. The dollar continues to fall - a reaction to the tariff war. Besides, additional pressure is created by the issue of interest rates reduction. The currency pair is under the pressure of the downtrend. After a false resistance breakout, the price is consolidating in the selling zone. The trend change is confirmed by the cascade of resistances. Emphasis on the local range 1.4245 - 1.42018. The price exit from the consolidation will provoke the continuation of the fall Resistance levels: 1.4245, trend boundary Support levels: 1.4202, 1.415 Possible retest of resistance before further decline. But the price exit from the current range and consolidation of the price below 1.4202 - 1.4205 will provoke the growth of sales and further fall to 1.405 (zone of interest). Regards R. Linda!
Short
by RLinda
6
AmazonAs with the rest of the market, it seems that Amazon found its local bottom. If this pattern is to remain standard, it should ideally move slightly higher to finish of the a wave. Afterwards it should spend some time consolidating lower for b before raising up to the target box for c of B. This pattern is pretty straight forward so just let me know if you have any questions regarding the price action of Amazon. Remember, we should move up to the target box in a 3-wave fashion. Also, this is a B wave and thus can become very complex. Have patience as it may end up being needed with all of the whip saw of the markets lately.
NASDAQ:AMZN
by TSuth
Gold Hits Key Support – Reversal Ahead or More Fall?Gold ( OANDA:XAUUSD ) has entered a Correction phase after losing its ascending channel . Now, if you are in a Short position , this post will help you know where to take profit on your position or if you are looking for a Long position for gold , what area is suitable . Gold is approaching an important Support zone($2,956-$2,917) that I don't think can be broken within a first attack . What do you think? In terms of Elliott waves , Gold appears to be completing a bearish wave 5 , which appears to be able to complete at the Support zone($2,956-$2,917) . I expect Gold to start rising again from the Support zone($2,956-$2,917) and to at least rise to $3,000 again and get close to the Resistance zone($3,058-$3,021) . It is likely to fall again after this move . In your opinion, has Gold started a major correction, and to what price can this correction continue? Note: If Gold can touch $2,890, we can expect further declines. Note: Because the downward momentum is currently high, it is likely that wave 5 will also complete near $2,913, and we will see a fake break of the Support zone($2,956-$2,917). Gold Analyze ( XAUUSD ), 4-hour 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:XAUUSDLong
by pejman_zwin
7
S&P 500 Index Under Pressure – Another -10% Drop Incoming?Today, I want to analyze the S&P 500 Index ( FOREXCOM:SPX500 ) for you. This index is one of the most important indices in the US stock market , which has been determining the direction of parallel financial markets such as crypto and especially Bitcoin ( BINANCE:BTCUSDT ) for the past few days, so an analysis of this index can be important for us. The S&P 500 Index started to fall after Donald Trump imposed new tariffs on countries around the world, which was like a coronavirus . The question is whether this fall is temporary or will continue . To answer this question, we need to consider many parameters, but if we look at the sds chart from a technical analysis chart , we can expect a further decline . The S&P 500 Index is moving near the Resistance zone($5,284-$5,095) and is completing a pullback . It also lost its important Uptrend lines last week, which is not good news for the S&P 500 Index and US stocks . From an Elliott wave theory , the S&P 500 IndexS&P looks like it has completed the main wave 4 , and we should expect the next decline(-10%) . I expect the S&P 500 Index to attack the Heavy Support zone($4,820-$4,530) at least once more. The area where we can expect the S&P 500 Index to pull back is the Potential Reversal Zone(PRZ) . What do you think? Will the S&P 500 Index continue its downward trend, or was this decline temporary? Note: If the S&P 500 Index touches $5,408, we can expect further Pumps. Note: There is a possibility of a Bear Trap near the Heavy Support zone($4,820-$4,530) and PRZ. Please respect each other's ideas and express them politely if you agree or disagree. S&P 500 Index Analyze (SPX500USD),4-hour 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 and updates; 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:SPX500USDShort
by pejman_zwin
26
EURGBP Wave Analysis – 9 April 2025- EURGBP broke the resistance zone - Likely to rise to resistance level 0.8700 EURGBP currency pair recently broke through the long-term resistance zone located between the resistance levels 0.8625 (multi-month high from last August) and 0.8645 (strong resistance from April of 2024). The breakout of this resistance zone accelerated the c-wave of the active weekly upward ABC correction 4 from the end of September. Given the strongly bearish sterling sentiment seen recently, EURGBP currency pair can be expected to rise to the next resistance level 0.8700 (earlier resistance from December of 2023).
Long
by FxProGlobal
GOLD → Rising economic risks could push the price upwardFX:XAUUSD closed inside the range 2970 - 3060 and has all chances to strengthen as the situation between the USA and China is only getting hotter, which creates additional risks. Gold continues to rally from its recent low of $2,957, back above the $3,000 level amid a weaker dollar and a pause in rising US bond yields. The market is reacting to escalating trade tensions between the US and China, including the threat of new 50% tariffs and possible countermeasures by Beijing. Strengthening expectations of Fed rate cuts and recovering risk appetite also support gold's growth, but the instability of global trade policy keeps investors uncertain. At the moment the price is testing resistance at 3013 and after a small correction the assault may continue, and a break and consolidation above 3013 will open the way to 3033 - 3057. Resistance levels: 3013, 3033, 3057 Support levels: 2996, 2981 The trade war and the complex, politician-dependent fundamental backdrop allows us to strategize relative to economic risk. Technically, we are pushing off the strong levels I have outlined for you. The overall situation hints that China will not just give up and Trump will not lose face. An escalation of the conflict could send gold higher. The price may strengthen from 0.5 fibo, or from 3013 Regards R. Linda!
FX:XAUUSDLong
by RLinda
17
ADAUSDT → Correction to the liquidity zone before the fall ↓BINANCE:ADAUSDT is in a bear market, under pressure. An exit from consolidation and a pullback with the aim of retesting the resistance (liquidity zone) before further decline is formed The fundamental background for cryptocurrencies is extremely negative. Bitcoin on yesterday's manipulation related to the 90-day tariff break, which was later denied by the White House began to form “helicopters” and high volatility. As the market calms down, the price returns to the selling zone, which creates pressure for Cardano as well. Technically, a false breakdown of 0.5 fibo is formed and the price is consolidating near the local support at 0.5800. The breakdown and consolidation of the price below 0.58 will provoke the continuation of the fall. A retest of the previously broken consolidation support at 0.6300 is possible. Resistance levels: 0.63, 0.6661 Support levels: 0.581, 0.5092, 0.4564 The market structure is exclusively bearish. A False breakout of resistance or breakdown of 0.581 will provoke a further fall, but the level of 0.5092, if broken, will finally drive the coin into the zone of emptiness, which may lead the price to fall to 0.45- 0.42. Regards R. Linda!
Short
by RLinda
5