F 5M Daytrade Long Aggressive Trend TradeAggressive Trend Trade
- short impulse
+ volumed TE / T1 level
+ support level
+ long volume distribution approach
+ biggest volume 2Sp+
- no test
Calculated affordable stop limit
1 to 2 R/R take profit before 5M T2
Hour Trend
"- long impulse
- volumed T2
+ support level
+ 1/2 correction
+ biggest volume manipulation"
Day Trend
"+ long impulse
+ 1/2 correction
- neutral zone
- context direction short"
Month CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
+ long volume distribution
+ biggest volume manipulation"
Year Trend
"+ long impulse
+ volumed T2 level
+ volumed 2Sp+
+ 1/2 correction
+ weak test"
Waves
Hellena | GOLD (4H): LONG to resistance area 3100.Wave “3” is still continuing its progression. This means that the five-wave impulse is not over yet and we expect the upward movement to continue.
Of course I would like to see wave “4” as a corrective wave in the area of 3024 level, then I expect an upward movement to the area of 3100 level. This level is also considered to be quite strong, from which there could be a correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): SHORT to the area of 65.268.Colleagues, I believe that the downward movement is not over yet, and now the price is in a complex combined correction. The second correction also consists of “ABC” waves.
In an ideal scenario, the price completes wave “C” in the 70.000 area and starts the downward movement to the support area of 65.268.
In general, the plan has not changed since the last forecast, but the bulls still have strength, so we should take the upward movement as an opportunity to profitably go short.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GM 1H Long Swing Conservative CounterTrend TradeConservative CounterTrend Trade
+ long impulse
+ volumed SOS test / T2 level
+ support level
+ 1/2 correction
+ biggest volume Sp
Calculated affordable stop limit
1 to 2 R/R above 1D T1 before 1/2 1M
Daily CounterTrend
"- short balance
- unvolumed expanding T1
+ volumed 2Sp+
+ test"
Monthly Trend
"+ long impulse
- below 1/2 correction
+ SOS test level?"
Yearly Trend
"+ long balance
- neutral zone"
Will add more if 5M corrects to 1/2 or 1H doest weak test and resumes buying
GM 5M Long Conservative Trend TradeConservative Trend Trade
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
+ Sp
Calculated affordable stop limir
1 to 2 R/R take profit
1H Trend
"+ long impulse
+ volumed SOS test / T2 level
+ support level
+ 1/2 correction
+ biggest volume Sp
+ weak test
+ first buying bar closed"
1D CounterTrend
"- short balance
- unvolumed expanding T1
+ volumed 2Sp+
+ test"
1M Trend
"+ long impulse
- below 1/2 correction
+ SOS test level?"
1Y Trend
"+ long balance
- neutral zone"
Hellena | GOLD (4H): LONG to 161.8% Fibo lvl area at 3038.Dear colleagues, I believe that the upward movement is not over yet. The bulls have gained strength and the upward five-wave movement is not over yet!
I expect that the wave “3” of senior and middle order is not yet complete. Possible correction to the area of 2955.837, then I expect an upward movement to the area of 161.8% Fibonacci extension 3038.730.
As usual - the upward movement is in priority, so I do not recommend short positions, but I recommend long limit pending orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
F 5M DayTrade Long Conservative CounterTrend TradeConservative CounterTrend Trade
+ long impulse
+ exhaustion volume
+ change of trend
+ neutral zone
Calculated affordable stop limit
1 to 2 R/R take profit
1H CounterTrend
"- short impulse
- unvolumed TE / T1
+ support level
+ long volume distribution
+ volumed Sp"
1D CounterTrend
"+ long impulse
- biggest volume on correction
- below SOS test level
- below support level
+ 1/2 correction"
1M Trend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
+ reverse volume approach
+ volumed manipulation"
1Y Trend
"+ long impulse
+ volumed T2 level
+ volumed 2Sp+
+ weak test"
F 5M Daytrade Conservative CounterTrend TradeConservative CounterTrend Trade
+ long impulse
+ T1 level
+ support level
+ 1/2 correction
+ volumed 2Sp-
Calculated affordable stop limit
1 to 2 R/R take profit
1H Countertrend
"- short impulse
- unvolumed TE / T1
+ support level
+ long volume distribution
+ volumed Sp
+ test"
1D Trend
"+ long impulse
- biggest volume on correction
- below SOS test level
- below support level
+ 1/2 correction"
1M CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
+ reverse volume approach
+ volumed manipulation"
1Y Trend
"+ long impulse
+ volumed T2 level
+ volumed 2Sp+
+ weak test"
USD/CAD: Textbook Waves—ABC Correction Next?Discover the Power of Elliott Waves with This USD/CAD Setup!
Hey traders! If you’re looking for a clean, textbook Elliott Wave example to sharpen your analysis skills, you’re in the right place. Let’s break it down together—and who knows, this could be the edge your trading needs!
Elliott Wave Breakdown
Wave 1: Kicked things off with a strong move higher, marking the start of the current trend.
Wave 2 (Flat): A sideways, flat correction—think of it like the market catching its breath. It moved in three waves (A-B-C), holding up price and hinting at the strength to come.
Wave 3: The rocket ship! Wave 3 is typically the powerhouse, and USD/CAD delivered. Traders who caught this move likely enjoyed a nice ride.
Wave 4 (Zigzag): True to Elliott Wave theory, we saw alternation. After the flat Wave 2, Wave 4 gave us a sharp A-B-C zigzag down. Quick, clean, and offering a second chance for those who missed Wave 3.
Wave 5: The final push completed the 5-wave impulse, potentially wrapping up the current trend.
What’s Next? An ABC Correction!
This is where it gets exciting. After completing a 5-wave pattern, markets often retrace in an A-B-C correction. This could be your chance to plan the next move. Will it pull back to the 38.2%, 50%, or even 61.8% retracement? Smart traders are already watching these levels!
Why This Matters for You
Understanding wave structures like this can give you a huge advantage. It’s not about predicting the future—it’s about stacking probabilities in your favor. And when a textbook pattern like this shows up, it’s an opportunity worth watching.
Actionable Tips for Traders
Be ready for the ABC correction—this could be your ideal entry for the next impulse move.
Use tools like RSI, MACD, or trendline breaks for extra confirmation.
Manage risk wisely. No setup is guaranteed, but the odds are on your side when you follow the waves!
Stick around for more insights like this. If you find this breakdown helpful, give it a thumbs up and follow me for more real-time analyses and trading tips!
Good luck and happy trading!
PFE 1H Long Swing Conservative Trend TradeConservative Trend Trade
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
+ biggest volumed Sp
Calculated affordable stop limit
1 to 2 R/R take profit before 1/2 of the Month
Expandable to 1/2 of the Year
Daily Trend:
"+ long impulse
+ neutral zone
+ close to 1/2 correction"
Monthly CounterTrend
"- short balance
+ unvolumed expanding ICE
+ volumed 2Sp-
+ weak test"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ exhaustion volume?"
Will add more if corrects to 1/2 of 1H wave.
MRK 5M Long Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ exhaustion volume
+ volumed T1
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
1/2 1M take profit
Hourly CounterTrend
"- short impulse
+ 1D SOS level"
Daily Trend
"+ long impulse
+ SOS level
- before 1/2 correction"
Monthly CounterTrend
"- short impulse
+ 1/2 correction
+ exhaustion volume?"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ exhaustion volume?"
F 5M Long Conservative Trend DayTrade Conservative Trend Trade
+ long impulse
+ SOS level
+ 1/2 correction
+ support level
+ biggest volume 2Sp+
Calculated affordable stop limit
1D T2 take profit
1H Trend
"+ long impulse
- before 1/2 correction
+ SOS test level"
1D Trend
"- short impulse
+ exhaustion volume
+ volumed TE / T1 level
+ biggest volume 2Sp+
+ test"
1M CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
+ reverse volume approach
+ volumed manipulation"
1Y Trend
"+ long impulse
+ volumed T2 level
+ volumed 2Sp+
+ weak test"
Hellena | GOLD (4H): LONG to resistance area 2955 (Wave 3).Dear Colleagues, after Trump's statements and the general political situation, the price went sharply into a downward movement, but this does not mean that I give up the upward movement.
At the moment I think that wave “2” is completing the correction and soon we will see the long-awaited upward movement.
I think that the price can still update the minimum of wave “2” in the area of 2833, then (or immediately) will start an upward movement in wave “3” at least to the area of the maximum of 2955 of wave “1”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): LONG to the area of 1.08878 (Wave C).Well, colleagues, it happens, wave “3” continued its rapid development. Wave “3” is usually the longest and it happens that it becomes too long on the news background, which we saw.
At the moment, I assume that the correction in wave “4” will still take place in the area of 1.06966, to then complete wave “5” at least in the area of 1.08878.
But there is another option - wave “3” is still not over. This happens often in wave analysis, so use limit orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): LONG resistance area 1.04630 (Wave 5).Dear colleagues, I decided that I will make a new forecast, as the previous forecast was put to breakeven and the price updated the low of 1.04016.
At the moment I have redrawn the waves a bit and I still believe that the upward movement will continue, as the five-wave impulse is not over.
I believe that the price may slightly update the minimum of wave “4”, then I expect the price to reach at least the area of 1.04630.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
MGNT 1H Long Investment Conservative Trend TradeConservative Trend Trade
+ long impulse
+ SOS level
+ 1/2 correction
+ volumed 2Sp-
- day will close without test
Calculated affordable stop limit
1/2 1M take profit
Daily Trend
"+ long impulse
+ SOS test / T2 level
+ support level
- strong approach from volume zone
+ biggest volume manipulation"
Monthly Trend
+ long impulse
+ expanding biggest volume T2
+ support level
+ 1/2 correction
+ unvolumed 2Sp-
+ strong buying bars
+ weak selling bar / test
Yearly no context
Hellena | SPX500 (4H): LONG to resistance area of 6140.Dear Colleagues, price has gone lower than I thought it would and now we need to redraw the waves. Apparently, the price has updated the minimum of wave “2”. Therefore, I believe that the price will soon continue the upward movement in wave “3” anyway.
The “ABC” correction seems to be completed and the 5915 area served as support for the second time.
I expect the price to touch this area once again and then continue to the resistance area of 6140.
Or it will immediately start moving towards this area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OGKB 5M Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ biggest volume T1 level
+ biggest volume 2Sp-
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
1/2 yearly level take profit at 0.459
1H Counter Trend
"- short impulse
+ biggest volume TE / T1 level
+ support level
+ volumed 2Sp-"
1D Trend
"+ long impulse
+ JOC level
+ support level
+ 1/2 correction
+ volumed manipulation"
1M Trend
"+ long impulse (in 1d 4h)
+ neutral zone"
1Y CounterTrend
"""- short impulse
+ 2Sp-
+ perforated support level"""
Ford 1D Investment Aggressive CounterTrend TradAggressive CounterTrend Trade
- short impulse
+ exhaustion volume
+ 1/2 correction
Calculated affordable stop limit
Take profit:
1/3 to 1/2 Month Trend
1/3 to Month T2
1/3 to Year 1/2
Sell F Limit at $14.95 (Good 'til Canceled)
Sell F Limit at $11.57 (Good 'til Canceled)
Sell F Limit at $10.21 (Good 'til Canceled)
Monthly CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
+ reverse volume approach
+ volumed manipulation"
Yearly Trend
"+ long impulse
+ volumed T2 level
+ volumed 2Sp+
+ weak test"
Hellena | GOLD (4H): LONG - resistance area 3000.Dear colleagues, I believe that the price will still continue the upward movement and there are a couple of reasons for that.
First, the price has not completed the five-wave movement.
Secondly, 3000 is a psychological level, which is not far away and I believe that it will be reached.
Therefore, I assume a small correction, but then I expect an upward movement to the resistance area of 3000.
POSI 1H Investment Aggressive Trend TradeAggressive Trend Trade
- short impulse
+ volumed T1 level / SOS test level
+ volumed 2Sp-
+ weak test
Calculated affordable stop limit
1/2 Monthly wave take profit
Daily Trend
"+ long impulse?
- resistance level
- short volume distribution"
Monthly Trend
"+ long impulse
+ 1/2 correction
+ volumed expanding T1
+ support level
+ biggest volume manipulation"
Yearly Trend
+ long impulse
Weird set up. Market is strong and Monthly look a lot like exhaustion!