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Elliott Wave

Gold (XAU/USD) Wave Analysis – Bearish Expectations and When Doe**📌 Main idea:** This analysis is based on **Elliott Wave Theory**, as it appears that gold has completed the **Expanded Flat** correction pattern, which consists of: - **Wave A**: Initial rise - **Wave B**: Upward correction that exceeds the peak of A - **Wave C**: Strong decline that breaks the bottom of wave A #### **📉 Expected scenario:** 🔴 After the price reaches **2,886.80**, there is a strong possibility of starting a downward correction targeting: 1️⃣ **2,789.97** (initial support) 2️⃣ **2,596.32** (major support) 3️⃣ **2,536.50** (possible final target before a new rebound occurs) #### **🛑 When is the bearish scenario canceled and the analysis failed?** ✅ **Breakthrough Clear and daily close above 2,886.80 - 2,900.00**: - If the price breaks this area and continues to rise, this means that wave C may have failed, and the market may start a new bullish wave instead of the expected correction. ✅ **Strong buying momentum appears with the break of previous highs**: - If we see strong rises without a clear correction, this indicates the continuation of the bullish trend instead of a bearish correction. ### **🔥 Analysis summary:** ⚡ Gold faces a possible bearish correction provided that **2,886.80** is not breached, but if the price continues to rise above **2,900.00**, the bearish scenario will fail and we may witness a new bullish extension. 🚀 **Do you have any other questions? 🔥** FPMARKETS:XAUUSD CFI:XAUUSD ICMARKETS:XAUUSD FX:XAUUSD
VANTAGE:XAUUSDShort
by omar_elliot
XRP all of the counts I am eyeing**XRP Elliott Wave Correction Scenarios:** 🔹 **Wave 2 Corrections:** - **Zigzag (5-3-5):** Sharp drop, retracing **61.8-78.6%** of Wave 1. 🚀 - **Flat (3-3-5):** Sideways chop, retracing **38.2-61.8%** (watch for expanded flats). 📉 - **Running Flat:** Bullish signal if C-wave **fails to break A**. ⚡ 🔹 **Wave 4 Corrections:** - **Triangle (A-B-C-D-E):** Common for Wave 4, **38.2% retracement** of Wave 3. 🔺 - **Flat or Complex:** Sideways structure before Wave 5 breakout. 📊 Key levels: Watch **Fib zones + structure** for the next move! 🚀
by PK_SEND_IT
Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters. Average return by Month (%) January: +5.1% February: +12.1% March: +4.8% April: ˇ+18.7% May: +14.2% June: +4.4% July: +6.1% August: -3.1% September: -8.4% October: +22.2% November: +17.9% December: +7.3% Average return by Weekday (%) Monday: +0.63% Tuesday: +0.18% Wednesday: +0.54% Thursday: +0.40% Friday: +0.37% Saturday: +0.45% Sunday: +0.10% Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. 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!
Education
by Xanrox
43
The diamond bottom of wave 4??This time analyzing a possible diamond bottom trend reversal based on previous levels of patterns labelled on the right. The Price to Bar ratio has been locked and logarithmic scales used. Indicatiors are hidden as they are custom, and anyone who tinkers need not consider anything but their own perspective. I have been trying to locate what I believe may be the point of the end of wave 4 and the start of wave 5. If this diamond pattern plays out and closes on the 4 hour above the white box, and possibly wicks or closes the next bar above the next line labelled BO LVL the trend will be validated as reversed and the start of wave 5 will also have been validated. But, that's just, like, my opinion, man.
COINBASE:XRPUSD
by GTEMZE
USD JPY Monthly Prospective Analysis up to 2060 (updated)This is the idea combined with elliott wave theory(I forgot to mention in the previous upload, but, in my chart, the number 2 wave corresponds to the 3 in the elliott and the 3 to the 5. The number 1 wave is the same as the 1 in the elliott). Up to 2027 the trend is down, bounced at around 85 and then going up all the way to reach around 170 (maybe does not reach 200 yen this time, that would be accomplished more than about 50 years later). Hope to live long to see if its correct!
Short
by slowdive430
Is Ethereum Ready to Rally? Critical Levels and Elliott Wave InsIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Ethereum Analysis: Key Levels and Market Structure Ethereum has been moving in tandem with Bitcoin, but there are some distinct levels and market structures developing that are worth paying attention to. While most of the focus has been on BTC, ETH has been presenting some solid trade setups as well. Here’s my breakdown of where we stand and what I’m watching next. Holding the Low: 2563 as a Double Zig-Zag Ethereum has been working through a potential 2xZZ (double zig-zag) pattern, and 2563 stands as a key level to maintain that structure. If this low holds, the bullish case remains intact. However, we aren’t currently sitting in a Golden Zone (GZ) or a major discount level based on the recent dump, which adds some caution to aggressive entries. Bullish Steps: 2665 & 2800 as Critical Resistance For any bullish momentum to materialize, the first step is 2665—this level needs to break for buyers to start taking control. From there, 2800 is the larger resistance level that Ethereum must break and hold to show real strength. A rejection at this zone could lead to another corrective leg downward. Confirmation of the Double ZZ: 2900 Break The completion of the double zig-zag pattern will be officially confirmed with a break of the 2900 pivot. This is the critical point where bullish structure would be fully validated, signaling further upside potential. Until that happens, Ethereum remains in a make-or-break zone. Until then, I’ll be watching how price action (PA) prints before making any major decisions. What do you think—will ETH break through or are we looking at more downside? Drop your thoughts below! Trade safe, trade smart, trade clarity.
COINBASE:ETHUSDLong
by CryptoKnee
Decision point for BitcoinHi traders, Last week Bitcoin came into the Daily FVG and went up impulsive just like I've said in my outlook. After that it corrected down again. So this the decision point. If Bitcoin wants to make a new ATH it could not go lower than (orange) wave 4 and it has to go up from here. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish and a small correction down on a lower time frame to trade longs. Note: Next week there will be no analysis because I'm on holiday with my family. The week after that I will be back with my analysis. If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide trade signals. Don't be emotional, just trade! Eduwave
Long
by EduwaveTrading
Correction down for goldHi traders, Last week XAUUSD made a sharp correction down and after that it went up again. It looks like price is making an extended (grey) wave 3. It this is true, then next week we could see the finish of a correction down and after that up again. Let's see what price does and react. Trade idea: Wait for the correction down to finish. After that wait for a change in orderflow to bullish and a small correction down on an lower time frame to trade longs. Note: Next week there will be no analysis because I'm on a holiday with my family. The week after that I'm back for more analysis. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading
Decision on Monday for SPX500USDHi traders, Last week SPX500USD followed the prediction in my outlook. It finished the corrective move down into the lower 4H FVG and after that it went (corrective) up again. So now on Monday is the decision. If Monday closes below current price action this pair could go down lower for the break of the low from the (orange) Y-wave. But if Monday closes above current price action, we could see this pair go up again for a new ATH. Let's see what the market does and react. Trade idea: Wait for the bigger correction down to finish and a change in orderflow to bullish again. After that you could trade longs. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:SPX500USDShort
by EduwaveTrading
Impulsive move up for EU?Hi traders, Last week EU went as I've predicted in my outlook. It finished the correction down and after that it went up impulsive to follow with another correction down. This could be wave 1 and 2 of the bigger (red) wave 3. It this is true, then next week we could see another impulsive wave up into the direction of the Daily FVG higher. Let's see what the market does and react. Trade idea: Wait for the correction down to finish. After a change in orderflow to bullish and a small correction down on a lower timeframe, you could trade longs. Note: Next week there will be no analysis because I'm on holiday with my family. The week after that I will be back with my analysis. If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
Long
by EduwaveTrading
1
Only for Elliotitians BTCBitcoin is currently in a sideways corrective pattern, which opens the door to multiple possible scenarios. Depending on market sentiment and liquidity, BTC could be forming a complex correction, such as a running flat, expanded flat, or even a triangle consolidation before the next impulsive move. This period of indecision allows both bulls and bears to test key support and resistance levels, creating potential breakouts in either direction. Traders should remain cautious and consider various Elliott Wave structures or range-bound strategies to navigate the uncertainty. Red is bearish Blue bullish Orange bullish
BITSTAMP:BTCUSD
by PK_SEND_IT
Mastering Bitcoin #1In this quick but educational video we delve into the intricacies of Bitcoin's price movements using popular technical analysis tools like Bollinger Bands, Elliott Wave Theory, Triple Moving Average, and Bearish Divergence on MACD and RSI. Learn how these few indicators can help predict what might be ahead for Bitcoin based on current data. I'm gonna make this into a habit, creating short, educational videos, so expect more of this insightful, bite-sized content going forward.
Education
by Candle_Styx
OMUSDT → Consolidation in a triangle before the rallyBINANCE:OMUSDT is a paranormal coin in this case, as it is one of the few projects that shows bullish dynamics while all altcoins are finding bottom after bottom. Perhaps the situation partly depends on BINANCE:BTCUSD . If it starts to fall even deeper, nothing and no one will help here. But locally bitcoin is forming a resistance breakout and if the bulls hold this trend, the BINANCE:OMUSDT.P coin may have a bullish driver that can support the bullish movement. At the moment, the focus is on the triangle (wedge) resistance and the base of the 5.6756 pattern. Two bullish scenarios should be considered: Growth after a resistance breakout or growth after a false breakdown of support. Resistance levels: 5.9821, 6.30 Support levels: 5.75, 5.6756 At the moment, a consolidation within the triangle boundaries is being formed. But when the resistance is broken, the market may move to the realization phase and the impulse may be quite sharp. Ahead, beyond 6.3, there is no resistance... Regards R. Linda!
Long
by RLinda
16
PYPL : Another Dive or Finally Time to Buy?PayPal (PYPL) has been getting slapped around like a rookie in a heavyweight fight. The stock is now chilling above a thick support zone—right above the 50% and 61.8% Fibonacci retracement levels. Sounds like fancy chart talk, but all it really means is: This could be where the pain finally stops. There's also an unfilled gap across multiple timeframes, and gaps like these tend to get filled at some point. If NASDAQ:PYPL keeps sliding, it might take out the previous quarterly low. Why does that matter? Because these lows act like a magnet, dragging price down just enough to shake out weak hands before launching higher. That’s when the selling pressure finally dies down. And the RSI? Almost in the basement—last time we saw this (November 2023), PYPL ripped higher shortly after. My plan? Set alerts, watch closely, and pounce when the signs point to a reversal. I’m not about to catch a falling knife, but if this thing turns around, I sure as hell don’t want to be left behind.
NASDAQ:PYPLLong
by stromm