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Elliott Wave

Comprehensive Research - McDonald’s Stock Set to SoarQuick read: McDonald's stock is poised for a bullish move, with Wave 3 likely starting and strong support near 290.50–295.00. Traders should long on dips within this range, for next resistance levels, 326.00 and 348.00 with a invalidation below 276.00. This setup offers a solid risk-to-reward in a long-term uptrend. Alternative safe entry is possible after the break of corrective channel breakout of wave (2). Elliott Wave Forecast: TF - Daily The chart suggests that McDonald’s stock is in the middle of a larger upward move known as Wave C, which comes after completing a complex correction. Wave C is expected to unfold in five smaller waves, a pattern that usually points to a strong uptrend. It appears the correction is behind us, and a fresh bullish phase is underway. Starting from the low at 276.53 , marked as Wave B, the price climbed to 326.32 , forming Wave one. After that, the stock pulled back to 290.50 , forming Wave two. This pullback followed a typical ABC pattern within a corrective channel, which often signals the end of a downturn and the beginning of an upward move. Now, Wave three seems to be starting, and this is usually the strongest part of Wave C. The price is expected to move above 335 , take a small pause for Wave four, and then rise again to complete Wave five somewhere around 345 to 350 dollars. This positive outlook remains intact as long as the price stays above 290.50 . With the breakout from the corrective channel, the setup looks strong and clear for buyers. Fibonacci levels: Fibonacci Extension Targets: 1.000 extension: 326 1.618 extension: 348 Correction Retracement Levels: Wave 2 retracement: 78.6% A = C in A-B-C correction: 289.21 Price Action & shifting of value: TF: Weekly McDonald’s stock has been steadily climbing inside a rising channel since late 2020, showing a clear long term uptrend. The price has respected both the top and bottom edges of this channel very well, and interestingly, the middle line has acted like a pivot, providing support or resistance multiple times over the years. Recently, the stock made a higher low at 276.53 and bounced back strongly, keeping the bullish structure intact. It then pulled back to 290.50 , right around the middle line of the channel, and held above an upward sloping trendline. This kind of price action shows strength and suggests buyers are stepping in. The sharp move from 276.53 up to current levels looks like a strong bullish leg, possibly driven by accumulation. If the stock can break above its recent high of 326.32 , it could head toward the upper end of the channel. As long as the price stays above 290.50 and especially above 276.53 dollars, the bulls remain in control. Even if the price dips a bit, the long term trend stays positive unless the lower boundary of the channel breaks down. I will update more Information here.
NYSE:MCD
by Money_Dictators
5
DOGE → Will the market hold strength or lose it all?BINANCE:DOGEUSDT is testing the liquidity and resistance zone amid a downtrend as part of a news-induced rally. Will the market hold this trend or return to a sell-off? The downtrend continues. As part of the correction triggered by the news backdrop, bitcoin strengthened and pulled the altcoins with it. But the market may lose all its growth quite quickly, as bearish pressure on the market is still very strong (There are no fundamental positive changes for the market). The fall of BTC may be followed by DOGE as well. Technically, the price is forming a false break of the resistance zone 0.1622 - 0.15700, consolidation of the price below this zone will provoke the continuation of the fall to the nearest zone of interest 0.13646. Resistance levels: 0.157, -0.1622 Support levels: 0.13646, 0.1277, 0.1154 A retest of the trend resistance is possible, but price consolidation below the key zone will be a good signal indicating the seller's strength, the decline may continue. On the weekly timeframe we have a trigger at 0.14217, break of which will open the way to 0.1277 - 0.1025. Regards R. Linda!
Short
by RLinda
12
Elliott Wave Update – Clean Count DevelopmentBINANCE:SOLUSDT We are currently tracking a developing (B) wave as part of a larger corrective structure. The move up from the local low unfolds as a classic 5-wave impulse (yellow), where wave 3 is completed, wave 4 is forming as an A-B-C flat correction, and wave 5 is still expected to follow, completing wave (C) of (A). After that, we anticipate a drop into wave (B) of the corrective sequence before a potential final push into the green target zone to complete wave (C) of (B). Once this entire correction is done, the expectation remains for a larger 5-wave decline to complete the macro structure. Wave count stays valid as long as internal rules of Elliott Wave Theory are respected.
Long
by ElliotXSolana
BTC USD Elliott Wave AnalysisHello friends Especially those who are new members (welcome) In the digital currency Bitcoin, after a sharp rise and the formation of a range zone, we saw a drop in the price of Bitcoin. Today we want to check whether this drop continues or not? If the answer is yes! How far? We see a corrective pattern on the daily timeframe. This pattern is flat with a long wave C. The structure of this pattern is 3-3-5. Wave C is 5 waves. Now we are in wave 5 and we are waiting for a slight increase in the price to the $ 86,500 area and then the price will drop to the $ 73,500 area. This area is a static support and we expect a reaction at this price. Good luck and be profitable.
BITFINEX:BTCUSDShort
by M_Gheysvandi
EURUSD Elliott Wave AnalysisHello friends (especially Mr. Mehdi) I left this analysis for Mr. Mehdi. Given our prediction that the price growth in the EURUSD currency pair was expected, this analysis went completely according to our expectations, of course I hope you have benefited from this analysis. Now, considering the formation of a 5-wave pattern in wave 1 of 3 or C and waves 2 and 3 of the main wave 3 or C, We will expect the formation of a corrective wave in the main wave 4. Given the price reaching 1.618 wave 1 and forming a shadow, we will most likely enter a correction. Given the strength of its wave 3, this correction can be partial or deep. But considering the support levels, the minimum correction will be the 1.07500 range, if this level is lost and decreases, the next range will be 1.0600 and then, less likely, the 1.0500 range. Be successful and profitable.
Short
by M_Gheysvandi
8
Gold Elliott AnalysisHello friends As predicted, we expected a 5-wave formation, which happened, and with the formation of a divergence between waves 3 and 5, the price of gold fell. Now a small wave with 5 parts has formed, which could be wave A of a zigzag. We expect the price to grow by 61.8% of the decline that occurred in the main wave B. Now, considering the psychological support of $3,000, this price reversal may happen right now or it may fall to the $2,960 range and then the price will grow. In general, we will have a growth in the main wave B and then another sharp decline in the main wave C. Meanwhile, the RSI indicator has also reached the oversold limit. Good luck and be profitable.
FX_IDC:XAUUSDLong
by M_Gheysvandi
EUR/NZD Wave Structure Shift: 4th Wave Correction in ProgressThe 3rd wave in EUR/NZD appears to have been completed, and the market seems to be entering the 4th wave. There is a possibility that the 4th wave could take support near the Fibonacci 0.5 level (1.19164). After that, the 5th wave of the impulse phase may move upward. If the market falls below 1.98303, it would confirm the beginning of the 4th wave. In that scenario, the first target could be around 1.95907 .
by Money_Dictators
6
Three white levels to accumulate bitcoinIf we look at #BTC chart in monthly time frame, it would be easy to see the action from Elliott theory point of view. After the previous bull market cycle, there was a correction than continued until 0.786 level, if this happens again, the lowest price that we will see in next several months would be around 45k. So based on historical action i decided to predict the possible future. it will be a great guide for you to buy bitcoin in decent prices. love you all
GEMINI:BTCUSDShort
by alimollaghasemi
US yeilds in a corrective rebound In analysis from a few weeks back, we talked about bearish USD and presented a bearish outlook. Since then dollar fall nicely and one of the reason are also lower US yields. Looking at US yeilds I see bearish impulsive price action down from 4.8%, which could keep the US dollar in a downtrend. What we’ve seen so far is a strong rebound from 3.8%, as shown on the updated 4-hour chart. This rebound suggests that yields are stepping into a correction now, which could unfold as an A-B-C structure. So, it looks like we could see a bit more upside in the near term before US yields turn back to the downside. At the same time, this could mean the US dollar may find some support soon or remain in consolidation a bit longer. GH
TVC:US10Y
by ew-forecast
FARTCOIN Is About to Make or Break—Massive Correction Incoming ?Yello Paradisers — have you seen what’s brewing on #FARTCOINUSDT? After our spot-on predictions in previous waves, this might be the final shakeout before the real show begins. But one wrong move here… and it all falls apart. 💎#FARTCOIN has recently shown aggressive movement, completing the third wave of a classic Elliott Wave impulse. Waves 1 and 2 are in place, and with the third now printed, there's a strong probability of entering an ABC corrective phase — forming the 4th wave — which could retest areas near the previous resistance-turned-support. 💎Zooming out, the asset has been shaping a long-term Cup and Handle formation, and while we’ve seen a breakout above the neckline, a retest is highly likely before any continuation. This aligns with a potential ABC structure, adding confluence to a possible pullback scenario. 💎On top of that, FARTCOIN is flashing signs of strength within a bullish inverted Head and Shoulders pattern, with a neckline around 0.6273. A retest of this key level is probable and would further validate buyer interest in this zone. 💎Additional confluence comes from Holding the multi-timeframe EMA 20 as dynamic support. A visible order block at the 0.618 Fibonacci golden pocket (0.5217), which could act as a magnet for price during the correction. 💎If this area holds, the bullish case remains intact, with probable targets at 0.8913, and an extended move into the 1.0542–1.1361 zone. However, this structure would be invalidated on a candle close below the right shoulder, or a breakdown below the 2nd Elliott Wave low. This is the point where the weak hands get shaken out and smart money reloads. If you're aiming for long-term success, wait for high-probability setups and protect your capital. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
14
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