Hellena | SPX500 (4H): LONG to resistance area of 5682.Colleagues, I think that the deep downward movement is over and at the moment I expect an upward movement in a five-wave impulse. At the moment I expect a correction in wave “2” to the area of 5100, after which I expect the development of wave “3” at least to the resistance area of 5682.
There are two possible ways to enter the position:
1) Market entry
2) Pending Limit Orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Elliotwaveanalysis
GBP/USD at a Turning Point – Correction Pattern in PlayIt appears that corrective Wave A in the GBP/USD pair is nearing completion, and Wave B may be forming. The Wave 1 to 5 structure seems to have been completed, indicating the beginning of an A-B-C corrective phase.
If the correction unfolds as expected, potential upside targets are 1.32918 and 1.33555. However, if the market faces rejection below the trendline, the stop-loss level would be 1.32021.
MACD says a little higher for a little longerAs per the individual stocks I cover that have not yet reached their ideal retracement areas I am looking for the SPX to get higher into my target box. In any event it's reasonable for me to say we're in a B wave and therefore our pattern can develop into something more complex. Nonetheless, I am mainly looking for MACD to reach the zero line at the very minimum.
The take-a-way from this update is I am looking slightly higher in the markets for slightly longer...before our minor C wave takes hold of the market.
Best to all.
Chris
SPY Green Light to All Time Highs?As VIX is sitting around 25, this is the first Monday in I can't remember how long we aren't gapping down at open! I'll take it! There is a ton on the calendar this week: jobs, first print for Q1 GDP, PCE, ISM mfg, and a ton of consequential earnings! Not to mention will we get a couple deals announced this week. Feels like India, UK and Japan are close. This could spur a market rally to continue! Did a ton of work on Elliott this weekend, but didn't create a video. Essentially, since we closed in the wave 1 of the red C leg (on daily and weekly basis), we have invalidated a chance of a fifth leg lower (thank God!). This means we are in first impulsive intermediate 5 wave that should go to all time highs (next Apr)! Since we already have two minute impulsive waves that were similar in size, we likely will finish the minor wave 3 as pictured and then since 1 & 3 of minor waves will be similar in size the impulsive 5 wave target will be as pictured as well. Remember it is simply the net of waves 1 through 3 times 0.618 and add that to the finish of wave 4 in either case. After wave 3, we will get a pullback, but this will be a buy the dip opportunity finishing the 5th wave around 580ish. After this we will get a deeper corrective wave but if sentiment is positive it may be shallow, only 38% to 50%, so will want to re-evaluate at that point! This is why it is important if you are investing not to FOMO, as there will be many opportunities to buy the dip!
PEPEUSDTBased on this analysis, wave E is complete and any retracement to around 0.0000078 is a buying opportunity.. and around 0.000017 to 0.000022 is the possible end zone of wave F..
Even if the price returns to the levels of 0.0000058 to 0.000005 once again, it will still be an ideal buying opportunity to buy spot.. And this is just a simple analysis and there is a possibility of error in it..
GOLD Analysis (April 26, 2025) - 2 hours, weekly & MonthlyChart 1: 2-Hour Chart (Short-Term View)
Pattern Observed:
Clear Elliott Wave structure identified.
Wave ①, ②, ③, and ④ are completed.
Currently in Wave ⑤ (ongoing impulsive up move).
Current Setup:
Wave ⑤ has started and appears to be very impulsive.
The target for Wave ⑤ is near $3600 zone.
Expect a sharp upside move toward $3600 in coming sessions (possibly within next 1–2 weeks).
Important Note:
Since Wave ⑤ is impulsive, price may move very fast with little retracements.
Strategy:
Short-term bullish until $3600 is reached.
After completing ⑤, expect a strong and sharp correction downward.
Chart 2: Weekly Chart (Medium-Term View)
Pattern Observed:
Weekly candle has formed a long-legged inverted hammer, almost like a high wave spinning top.
This is a warning sign indicating strong indecision and possible trend exhaustion.
Interpretation:
Weekly structure is signaling that GOLD is losing strength at higher levels.
There is hesitation for further continuation of the uptrend.
After a small last push (likely completing the final Wave ⑤), there are high chances of a bigger retracement.
Strategy:
Watch closely how next week’s candle forms.
If next week closes weakly or forms a bearish pattern (like bearish engulfing), expect bigger fall.
Chart 3: Monthly Chart (Long-Term View)
Pattern Observed:
Monthly chart shows momentum loss at top.
AO (Awesome Oscillator) indicator is flattening after a massive upmove.
Momentum divergence starting to appear (price made higher high, AO showing flattening/slightly diverging).
Interpretation:
GOLD is still strong, but momentum is clearly reducing at the top.
If GOLD touches $3600 next month and fails to sustain, a big red monthly candle can form.
This could mark the start of a medium-term bearish phase (several months correction).
Strategy:
Next month (May 2025) is extremely critical for GOLD’s major trend decision.
If a red candle forms in May after touching $3600, it could trigger a multi-month downward correction.
Conclusion:
In the short term (next few days), GOLD likely continues to rally towards $3600.
Next 2–3 weeks are critical — observe if reversal signs appear near $3600.
May 2025 is very important:
A monthly red candle after touching $3600 can confirm a bigger downward correction.
If correction starts, it will likely be sharp and deep, matching the intensity of the 5th wave up.
Disclaimer:
This analysis is for educational purposes only and not a financial advice. Trading involves risk. Please consult your financial advisor before making trading decisions.
AMD: Potential Mid-Term Reversal from Macro SupportPrice has reached ideal macro support zone: 90-70 within proper proportion and structure for at least a first wave correction to be finished.
Weekly
As long as price is holding above this week lows, odds to me are moving towards continuation of the uptrend in coming weeks (and even years).
1h timeframe:
Thank you for attention and best of luck to your trading!
Bearish WXY Model Forming at Key Resistance – Caution at the TopSP:SPX just crossed the Monthly High, but the structure resembles a bearish WXY correction, and we’re now approaching critical levels.
🔍 Key Levels to Watch:
5481–5572: Weekly FVG resistance + 61.8% Fib Extension – potential top of the rally.
5293: The 50% retracement from the Apr 20 low – a break below confirms the bearish WXY and opens the door to new lows.
📌 Scenario Outlook:
✅ Bullish case: Room for upside toward 5685–5750, but only if we close above 5572 Weekly to invalidate the FVG.
⚠️ Bearish case: Current price action aligns with divergence (as seen with DJI) + WXY model. Caution advised — rallies may be fading.
💬 Chart attached shows the WXY structure forming with key divergences.
GBPJPY Trapped In A Triangle RangeGBPJPY made a very strong reversal in the second half of 2024, following a sharp drop of more than 10%, with an aggressive bearish impulse and also broke the lower trendline of the impulsive channel back in August. Since then, the first recovery unfolded in three waves, suggesting this move could be part of a complex correction—currently still unfolding as a wave B pause.
Ideally, this structure is forming a triangle, especially as the drop back to the recent April lows also looks corrective. So, I believe the triangle scenario is the most likely scenario here, and price could now be heading toward the upper side of the range if risk-on sentiment continues. Still, upside may be limited, as this range could stay in play until all A-B-C-D-E legs are completed. If correct, wave C for a deeper move lower is still missing and could develop later this year.
Grega
Elliot wave corrective ABC Triangle pattern Wave A is an impulsive wave that 5 subdivisions. Wave B is an abcde triangle and each wave has 3 subdivisios. a-b of the triangle is connected by wxy (also has 3 subdivisions each).
Look at smaller time frame to see (and confirm structure). Currently looking out for wave d of the triangle (wave 1 of 3) to complete then followed wave e 3 waves in the opposite direction, before there can be any break-out.
This is only an idea not financial advice
Solana (SOL/USD) Elliott Wave Update – Countertrend Rally in ProBINANCE:SOLUSDT
🟠 Current Elliott Wave Outlook
After completing Wave ③, Solana began a sharp correction. This is how the current structure unfolds:
The initial leg down unfolded as a clear (1)-(2)-(3)-(4)-(5) structure in black – forming the white Wave A of a larger A-B-C corrective pattern.
We are now in the corrective counter-move, forming Wave B.
🔄 Zooming into Wave B: Internal Progression
The early part of Wave B is unfolding as a small impulse:
→ Wave 1, 2, 3, 4 have already played out.
→ We are currently moving from Wave 4 into Wave 5, which is expected to complete the black (A) of white B.
The top of Wave (A) is already marked on the chart, coinciding with key Fibonacci Extension levels, which reinforce the probability of local exhaustion.
🟨 Next Structure – Building Wave (B) of B
After the black (A) completes, we expect a retracement wave (B).
This would then be followed by a yellow 1-2-3-4-5 impulse to the upside – forming the full structure of white Wave B.
📉 What Comes After B?
Once Wave B (in white) is complete (built from the black (A)-(B)-(C)), we anticipate another larger leg to the downside – white Wave C.
This would complete the full A-B-C correction from the macro top of Wave ③.
🎯 Key Zones to Watch:
Black Wave (A) Top = short-term resistance
Fibonacci Extension Area = likely exhaustion zone for the current rally
Wave B (white) = potential bearish trap before the real drop (Wave C)
✅ Summary
Solana is currently in a countertrend corrective phase after finishing a macro Wave ③ top. We are in the midst of building Wave B, starting with a local impulse that forms black (A). After a minor pullback (black (B)), a 5-wave push (yellow) could complete Wave B before another major leg down kicks off in Wave C.
Bitcoin Elliott Wave Macro Update – Wave (5) 🟢 Macro Structure Since November 2022
Since the bottom in November 2022 (~15.5K), Bitcoin has been unfolding a clean impulsive structure, counted as:
(1) – strong breakout from the bear market lows
(2) – corrective pullback as a base
(3) – major impulsive rally with clear volume expansion
(4) – textbook correction right into the white Fibonacci zone, perfectly respected
Now, we are in Wave (5) – the final leg of this larger impulse!
🔄 Internal Structure of (4) → (5)
From the low of wave (4), the price action is developing in a classic 1-2-3-4-5 formation, where:
Wave 1 initiated the breakout
Wave 2 formed a shallow pullback
Wave 3 surged with momentum and volume
Wave 4 seems to have completed (or is finalizing now)
COINBASE:BTCUSD
Wave 5 is upcoming, potentially unfolding as an ABC structure (rather than a straight-line spike), showing a more measured grind toward the top
🔁 Cycle-Level Perspective
This entire impulse from (1) to (5) forms a macro Wave ③ in the larger Elliott Wave cycle.
Given the structure of Wave (5) so far, we may not see a vertical blow-off top but rather a controlled ABC move into the top zone.
🎯 Target Zone for Wave ③
$127,000 – $136,000
Based on Fibonacci projections of waves (1)–(3)
Strong psychological levels
Likely confluence with macro channel resistance and long-term projections
✅ Conclusion
Bitcoin is currently progressing through Wave (5) of the macro impulse that started in late 2022. The structure from Wave (4) suggests a well-organized path forward – possibly forming an ABC structure into the final high of macro Wave ③, with targets in the $127K–$136K zone. This level could mark a major turning point before a deeper corrective phase begins.
Hellena | EUR/USD (4H): LONG to the resistance area 1.16000.Good afternoon colleagues! In the coming week I expect the upward movement to continue in wave “3” of the higher order. I believe that a small correction to the support area of 1.2176 and then rise to the resistance level of 1.16000 is possible.
There are two possible ways to enter the position:
1) Market entry
2) Pending limit orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
BTC short term Wave countAnalyzing a Bitcoin (BTC) form Wyckoff schema in a 4H chart.
We can’t determine if it’s an accumulation or distribution yet. Based on MACD and Elliott Wave Theory, I believe the chart will follow a similar pattern. However, time will determine the outcome. If BTC declines and accumulates within a shorter time frame of Elliot support levels, it could be a long trade opportunity.
(This analysis is not financial advice. Your actions are solely your responsibility.)