Macro Quarterly Chart of NZ50G (NZX50)Big picture view of NZX 50 Index
NZ50G Quarterly Chart
Basic Elliott Wave - 8 wave structure shown... with where I think we are now
We appear to be in a long term 5 wave trending move higher
Currently within a choppy wave 4 structure that is near completion of a triangle pattern
Triangle patterns are typically Wave 4's and lead to continuation of the trend that proceeded it
Therefore its quite likely we will base out somewhere around the 11,000 point mark (Currently at 12,116) before finding some support and moving higher
I suspect this could lead to a large 30-50% move higher, but then expect things to get choppy and sideways for a number of years... as its going to take a lot of time to correct this 15 year trend, at least 5 years...
Am looking for buy levels on some key levels on NZX stocks to start loading up long term multi year positions
Elliott Wave
ETHEREUM | 1H | IMPORTANT LEVELS AND MY TARGETHey there, my dear friends!
I’ve taken a deep dive into BINANCE:ETHUSDT just for you. If it breaks above the 1,693 level, the next target will be 1,800.0. On the flip side, a key support level sits around 1,473.0.
All I ask in return is your support through likes — it really means a lot!
Big thanks to everyone showing love and support with those likes!
Oil Short: Ending Diagonal and Rising WedgeI propose that Oil is a good short candidate because of what I am seeing:
1. Rising Wedge
2. Ending Diagonal within the Rising Wedge
I propose 3 entry points for shorting but mention that if you are shorting at the top of the trendline, to cater for false breakout, meaning more allowance in your stop.
Good luck!
DXY Correction Persists: Further Downside Potential in FocusThe DXY remains in a prevailing downtrend, and I estimate that it is currently in the final stages of wave (v) of wave . The correction is projected to extend toward the 97.023–97.739 area. Meanwhile, the nearest potential rebound zone is located between 99.690 and 100.764.
XAUUSD at a Critical JunctureAs I previously mentioned, the upside potential in XAUUSD appears relatively limited. At present, I estimate that XAUUSD is forming wave iv of wave (v) as indicated by the black label (best-case scenario), suggesting a potential correction toward the 3,228–3,292 range. Should this scenario hold, the next bullish target lies within the 3,483–3,561 area.
However, you should also be mindful of the bearish scenario (red label), where XAUUSD may have completed wave 3. In such a case, the current movement could represent the beginning of a deeper correction as part of wave 4, with the potential downside projected toward the 2,854–3,101 range.
Short-Term Opportunity in Dow Jones: Limited UpsideCurrently, I estimate that under the best-case scenario (black label), the Dow Jones is forming wave of wave B. This implies that the upside movement is likely to remain limited, with a potential retest of the 39,310–39,649 area.
Caution is advised for a possible reversal, especially if the Dow Jones fails to break above the 40,791 resistance level.
S&P500 Long then Short: Last Wave 5 of 5In this video, I updated the wave counts for S&P500 and expects a last wave 5 of 5 (thus the long). I uses 2 Fibonacci extensions to project the final target and chose the lower of the target as the TP.
Once the target is reached, then we look for a reversal signal before entering short. The target of the short will be the end of sub-wave 4 as illustrated.
Good luck!
EUR/USD Maintains Bullish Structure 5th Wave Extension UnderwayThe overall trend of EUR/USD appears upward when observed from a higher time frame, indicating that the 4th wave has completed and the 5th wave is in formation. Within the main 5th wave, sub-waves are developing, and it seems we are currently in the sub-wave of the 5th sub-wave. Once this sub-wave completes, the main 5th wave is also expected to complete.
The invalidation level for this structure is at 1.10920 . If the upward move continues as expected, potential targets could be seen around 1.14683 and 1.15894
Bitcoin Wave Analysis – 22 April 2025
- Bitcoin broke round resistance level 90000.00
- Likely to rise to resistance level 95000.00
Bitcoin cryptocurrency today broke the resistance area between the round resistance level 90000.00 and the 38.2% Fibonacci correction of the downward wave (A) from January.
The breakout of this resistance area should accelerate the C-wave of the active ABC correction (B) from March.
Bitcoin cryptocurrency can be expected to rise in the active C-wave to the next resistance level 95000.00 (former strong resistance from the start of March).
Bitcoin Elliott Wave AnalysisHello friends
On the Bitcoin chart, we see the formation of a complete Elliott wave pattern. These waves from 1 to 3 or C are quite clear and we can even count its sub-waves.
Now a 3-wave ABC has formed. We cannot be exactly sure that this is a complete zigzag because wave C can be extended and the price will fall further.
But we consider it wave 4 assuming that this zigzag is completed.
So we will wait for the formation of an upward wave in the form of wave 5.
The target is first $86,500 and then $88,000.
Good luck and be profitable.
BTC Elliott wave Analysis 23/4/2025I think we have close to the End of the big B wave that is the part of the the wave 4 (Start from Nov 2022 crash).We Should see a clear Divergence soon in big time frame like 2 , 4 Hours to confirm that the pivot has come.For me I think the target price that is the pivot point is around 96000-97000 since bearish shark pattern harmonic and Gann fan suggest us.
Silver: Elliott Wave Shows Room For More UpsideSilver made a very strong drop after breaking out of the upward channel at the end of March. This caused a sharp and fast move below 29 dollars where metal is showing some first evidence of a bottom as price recovers back above 32.00.
In fact, this can be the beginning of a new impulse, especially if we consider that on a daily chart market might complete an A-B-C drop back in wave IV. As such, we think there is room for more gains, after retracements which can give an opportunity to join the trend.
Can gold finally cacth silver? What you think?
GH
COTI WAVE 3 is coming COTI has completed its initial phases, Wave 1, 2 of Elliot waves and is preparing for Wave 3📈.
Also COTI V2, released recently, aims to revolutionize web3 privacy.
COTI’s market capitalization is $96 million, suggesting substantial potential gains during the upcoming bull market🚀.
This information is not financial advice. Conduct thorough research before making investment decisions.
GOLD → Correction after reaching 3500. What's next?FX:XAUUSD updates high to $3,500 amid Trump's attacks on the Fed, we are still in the aggressive trend phase. North train makes a small stop which may give us a chance to trade...
Investors are fleeing to safe-haven assets amid an escalating US-China trade war and Trump's verbal attacks on Fed chief Powell.
Trump is blaming the Fed for the slowing economy and demanding immediate rate cuts, which is undermining confidence in the dollar and boosting demand for gold.
3500 is a psychologically important target and once it is reached, traders have moved to profit-taking, which could lead to a small correction...
Resistance levels: 3475, 3500
Support levels: 3441, 3408, 3385
As part of the correction, the price may test 3440, or 3410. The trend is aggressively bullish and sales should not be considered. The ideal scenario would be liquidity capture relative to 3410 and rebound or continuation of growth, as the fundamental background is on the side of gold....
Regards R. Linda!
POLUSDT → Rally for liquidity accumulation before the fall?BINANCE:POLUSDT.P is currently inside the trading range forming a counter-trend rally within the global downtrend. There is a rather strong liquidity zone ahead....
The distribution is formed after consolidation inside 0.1929 - 0.175. The realization phase can be stopped in the zone 0.228 - 0.2438. This will be confirmed by a stop and a false breakout.
The market is still weak, despite the local growth of bitcoin, as the flagship on the daily timeframe is still trading in the selling zone and based on the current situation we can conclude that the market is forming a collection of liquidity before the continuation of the fall.
Technically, the current rally in POL may end with a false breakout of 0.2284 or 0.2438 followed by a correction or reversal.
Resistance levels: 0.2284, 0.24388, 0.2465
Support levels: 0.2061, 0.1929.
If the price continues to approach this resistance with such speed, at some point the potential and energy may be exhausted and it will not be enough to continue the movement. In this case, we can catch a correction or even a reversal to continue the global trend.
Regards R. Linda!
EWTSU XAUUSD H4 update - minute ((3)) developping
Elliott wave trade setup H4 update the previous wave count
minute ((3)) developping -
fib target 1.618 area 3490
macd momentum slow down
minute wave ((4)) should follow corrective
fib target 0.382/0.50 - 3294/3230
macd to zero line
ichimoku first support 3410/3350
GOLD (XAU/USD) : Finally time for a correction Technical Analysis:
1.) Elliott Wave 5-wave impulse is complete.
2.) RSI is overbought (typically >70 on most platforms) — this often signals a momentum slowdown and coming reversal.
Thus,
The Market is likely about to shift into corrective mode → A-B-C pullback, as you’ve sketched.
Market Psychology:
At Wave (5) + Overbought RSI, the psychology is typically:
Retail traders rush to buy the top.
Smart money prepares to exit or short.
Trigger events (fundamental catalysts) are only needed for acceleration, not for reversal to start.