Elliott Wave
EURUSD → price confirms trend changeEURUSD breaks the trend. The price comes out of consolidation, updating the highs confirms the final change of trend. Now the struggle in the market will be for the resistance zones...
The dollar correction, the main motives of which are politics and geopolitics, gives chances to the forex market. EURUSD has been strengthening for a month and is beginning to hint at good prospects if the dollar continues its correction in the meantime. This week all eyes are on the Fed rate and inflation meeting, which may support the current movements.
Technically, the focus is on the support at 1.0448. If the bulls hold the defense above this zone, the price will reach 1.06 - 1.07 in the short to medium term.
Resistance levels: 1.053, 1.0607
Support levels: 1.0448
The price has already tested the area of 1.0448. Another false breakdown may be formed, the purpose of which will be the capture of liquidity, after which the currency pair will continue its growth according to the intentions of buyers, who have finally awakened interest in the euro.
Regards R. Linda!
BITCOIN Wave Analysis. Expanding triangle?Looks like correction pattern extends after reaching new all time high.
Base on structure I expect BTC to go down to ~84000 to complete several possible correction structures.
Buy limits are suggested.
Are we looking at expanding triangle?
Previous idea basically forecasted wave D: after reaching 89000, price gained 23%.
CAD/CHF - Long: Market Order.Afternoon traders.
Im going long in a trade... let me break this down for you.
HTF all show bullish momentum, for more of a breakdown of this I have published a story on this Pair previously in the week.
LTF- We have made a few bounces of this HTF Mitigation Block, on smaller time frames price has made a few pushes off this Mitigation Block and on this particular pullback we can notice an Elliot's Wave "ABC" Pattern forming showing us the end of the consolidation phase. Im looking for price to break this Resistance zone as well as breaking this Liquidity Trend. Im targeting higher TF liquidity and I have my Stop Loss below the Higher TF Mitigation Block
Good Luck to all the Traders that decide to follow
SOL - 4H Elliott Wave AnalysisGreetings, this is our current Elliott Wave Count for the 4H timeframe for Solana.
We assume that the pump we got from the low of the 13th January 2025 was either a Wave 1 displayed in white or a Wave A displayed as red circle. Currently we are looking for a retracement in white Wave 2 or red circle Wave B which both will be followed by a rally to the upside.
The white Wave 2 support sits between the 0.5 FIB at 232.35 USD and the 0.786 FIB at 196.05 USD. We have the 0.886 FIB at 183.35 USD on the chart as this is a valid target for Wave B too and if we go that low we assume that the red circle ABC in in control.
The retracement is unfolding as red (ABC) where red (A) is in and red (B) is either in on almost finished. We assume the red (B) is an ABCDE triangle displayed in yellow. Targets for red (C) are the 1 to 1 FIB at 203.79 USD and the 1.382 FIB at 178.43 USD.
Noteworthy is that the 1.382 FIB at 178.43 USD is in confluence with the 0.886 FIB at 183.35 USD.
Be aware that a break above the red line at 273.29 USD would invalidate the Elliott Wave Triangle as yellow ABCDE in be an indication of a different count or a breakout to the upside.
Thanks for reading.
NO FINANCIAL ADVICE.
Gold Breaks Uptrend Line! Is a Reversal or New ATH Coming?The mixed PMI data(Flash Manufacturing and Flash Services) from the U.S. reflects contradictory signals, likely leading to short-term Gold price volatility without significantly affecting its main trend . What is your idea!?
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Gold ( OANDA:XAUUSD ) is moving in the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ ) and managed to break the Uptrend line .
According to the theory of Elliott waves , it seems that 5 impulsive waves have ended, and we have to wait for corrective waves .
Another sign of Gold correction can be the formation of a Shooting Star Candlestick Pattern ( with high volume ) and, next to it, a confirmation candle in the 1-hour time frame .
Educational Tip: The larger the volume of the candle, the more valid the candle and the pattern it forms.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Classical Technical Analysis , we can expect the formation of a Head and Shoulders Pattern . ( It is better to wait for the formation of the right shoulder ).
I expect Gold to attack the Support zone($2,764-$2,757) and Uptrend lines soon , and if they break, we can expect Gold to fall to the Support lines .
Can Gold make a new All-Time High(ATH)!? Please share your ideas in the comments.
Note: We can expect more pumps if Gold goes over $2,794.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Do not forget to put 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.
BITCOIN → New targets! What will happen to ALTCOINS ?BINANCE:BTCUSD went into consolidation after a failed attempt to break through the 108K resistance. Nothing terrible happened, the weekly structure is quite strong, and the market needs to build up its potential. What is happening and what to expect in the future?
In the week ahead, the focus is on the US rate meeting, GDP and PCE. If the US macroeconomic data disappoints, it could lead to a lower dollar and more interest in BTC.
As for Trump, he may give a good driver to the market if he pushes for the inclusion of BTC in the federal reserve, which is what the crypto trading community is waiting for now. But, it should be realized that tight US monetary policy and possible further rate hikes create pressure on high-risk assets, including bitcoin.
In a sideways moving environment, BTC dominance remains stable, around 50-60%. Altcoins are more likely to perform weakly in such an environment, with the exception of a few highly liquid assets.
If BINANCE:BTCUSD drops to 91.7К - 95К USD, it is likely that capital will continue to stay in BTC as investors focus on risk mitigation. Altcoins can only show growth if bitcoin has a new momentum above 107,400 USD.
Resistance levels:106.9, 107.5
Support levels: 102.5, 99950
Because of the strong resistance, the price is very likely to test one of the key support levels. And already from 102.5 - 100K a rather aggressive rebound may follow. But it is necessary to observe the character of the price and its approaching to these or those strong levels. Sharp movements often end in reversals, when smooth and gradual heralds a breakout.
Regards R. Linda!
[Trade Setup] Wave 3 trade setup in TRUMP COINHIGH RISK
KRAKEN:TRUMPUSD seem to be giving early signs of wave 2 completion and potential beginning of wave 3. If it doesn't fall from CMP and breaches 39.220 then it could be a low risk entry for a potential target above 100 with a stop at 30.330. But if the wave 2 low is breached without breaking 39.220 then its likely that wave 2 is still not done.
Trade invalidation/stop at 30.330
Are we in Wave 4 for $MGI?Hello!
I'm new to Elliot Wave Theory. Wondering what you guys think about $MGI. Thoughts?
Target Price
#1 Price $1.15
#2 Price $4.05
Length of Wave 1 $2.90
0.382 $2.94
0.500 $2.60 --> target
0.618 $2.26
#3 Price $2.63 --> actual
1.618 $7.32
2.618 $10.22 --> target
3.434 $12.59
# 4 Price $11.70 --> actual
0.236 $9.56
0.382 $8.24
0.500 $7.17 --> target* - I bought some shares at this price. I believe it could go as low as $6.45 .
# 5 Price $7.17 --? Assuming we end up around here, the following are my targets for Wave 5.
0.618 $8.96
1 $11.86
1.618 $16.55 * I'm aiming for this one...
2.62 $24.15
Tesla UpdateStill no clear indication of where Tesla is headed next. Looking at the afterhours (24hr market) price on Robinhood it is down $10/share. Is this a snapshot of what tomorrow will look like or are insiders giving a hint that price will head lower again in the near future. I have been saying for a few trading sessions now that price hit the smaller 1.0 of sub-minuette a-b of minor B. This is all that is "required" for the move to be considered standard.
What does this mean? It means that the minimum requirements for a standard move have already been completed, and we could head lower at any time. If it has in fact topped in minor B already, then the next area we will be targeting is the low $300's - high $200's. The big clue to know if we're headed down that low, is a breach of the prior low made by minor A @ $373.04.
If we do not breach that low, there remains the chance that price rises again to the minor B target box. This uncertainty is the reason I sold my position and why I haven't re-entered. When we get to a better risk/reward area I will re-enter. I have a feeling that will be a few weeks though. Until then, I remain an observer.
EWTSU GOLD future intermediate (4) update
Elliott Wave Trade Setup
GOLD future intermediate (4) update
It look likes intermediate (4) developping in a flat correction ABC
Watch the end of Minor B in a intermediate minute double zigzag
Wait to confirm the ending diagonal of minuette (c) of minute (Y)
price break down subminuette iv.
invalidation: ending diagonal of minuette (c) , not confirmed
ETH Before the Hunt: Why Clarity is King in TradingIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
When it comes to trading, patience is often as important as the strategy itself. As I stared at the chart for what felt like an eternity, I couldn’t help but notice the mixed signals emerging from the Elliott Wave side of things. Mixed signals can be frustrating, especially when you’re eager to make a move, but they’re also a reminder to slow down and let the market tell its story.
In moments like these, clarity is everything. For me, clarity comes at specific levels—in this case, 3k or 3750. Until one of these levels breaks, I can’t say I’m confident enough to take a stance or make an entry. Trading without clarity isn’t trading; it’s guessing. And let’s face it, guessing doesn’t have a great track record in this game.
Why 3k and 3750 Matter
So, why these specific levels? In technical analysis, certain price points serve as psychological or structural boundaries. They’re often where traders make decisions that push the market one way or another. A break of these levels would signal a shift—whether in momentum, sentiment, or structure—that provides the clarity I need to move forward.
Elliott Wave analysis is notoriously nuanced. Sometimes the waves line up perfectly, painting a clear picture, and other times they leave you scratching your head. Right now, the picture isn’t clear enough for me to confidently interpret the waves, which is why those key levels are so important. They act as filters, cutting through the noise and allowing me to focus on the signal.
The Power of Patience
Patience in trading isn’t just about waiting—it’s about waiting with purpose. The market doesn’t reward impulsive behavior, but it often rewards disciplined traders who wait for the right setup. That’s why I’m holding off for now. If one of those levels breaks, I’ll reassess, recalibrate, and, if everything lines up, begin the hunt for an entry.
The idea of “the hunt” is what keeps me engaged. It’s not about rushing to pounce on an opportunity; it’s about tracking it, understanding it, and striking when the odds are in your favor. But before the hunt, there’s the waiting.
Dealing with the Uncertainty
It’s worth noting that uncertainty is part of the game. No chart analysis, no matter how thorough, can guarantee an outcome. What you can do is put yourself in a position to make informed decisions based on your strategy and the information available. Right now, the information I need lies at the 3k and 3750 levels. Until those break, my job is to sit back and observe.
Waiting for clarity might feel passive, but it’s an active part of the process. By staying patient, I’m avoiding the pitfalls of premature action and ensuring that when I do make my move, it’s backed by data, analysis, and strategy—not emotion or guesswork.
Final Thoughts
Mixed signals are part of the trading experience. They can test your patience and make you second-guess your approach, but they’re also a valuable reminder to stick to your plan. For me, that means waiting until 3k or 3750 levels break. When they do, I’ll be ready to act.
For now, the hunt is on pause. But once clarity shows up, that’s when the real work begins. Until then, it’s all about watching, analyzing, and preparing. Because in trading, as in life, timing is everything.
Trade safe, trade smart, trade clarity.
US10Y afternoon analysisTechnical analysis for US10Y.
This count is looking for one more push up in yields, approaching (but not going above) 5.215%. Median line is target.
This would complete an expanded flat that started in 2012.
This analysis would suggest the end of the bond bear market is approaching, as long as 5.215% holds as resistance. Yields above 5.215% would suggest much higher yields are likely.
Yields below 4.505% before move above 5% would also invalidate this count.
ADA to $1.78 as a final push?It appears that ADA has completed its wave 4 triangle correction and is now poised to target the 1.618 Fibonacci extension, a common projection for wave 5, with a price target of $1.78 .
Following the completion of this impulsive wave, a significant correction or pullback is likely, presenting an excellent opportunity for strategic positioning from a macro perspective.
RUNE potential macro 12Whoever has some knowledge in Elliott Wave theory knows that waves 3 are the monsters that need to be caught.
You can even see the circled iii size comparing to other two waves.
Having said that and knowing that Elliott wave is a fractal thing...
we could be potentially watching an opportunity of a life time
Wave 3 in Elliott Wave Theory is typically the strongest and longest wave in an impulsive structure. It represents a period of rapid price movement fueled by strong market sentiment and momentum. This wave often exhibits high volume and breaks key resistance levels, making it a favorite among traders. It cannot be the shortest of waves 1, 3, and 5, and is usually accompanied by widespread participation in the market.