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Elliott Wave

Please be carefulIn principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency. It appears in front of me. According to Elliott's rules, this is a triangle consisting of five internal waves. This is considered a B wave, and then it falls again in a final C wave. Confirmation of the trend is when it breaks the top of wave D, from which this decline is confirmed. The analysis fails only if it breaks the top of wave D. Good luck
Short
by KhaldHegazy
21
Netflix is going to fall sharply soonNetflix is in the huge 5th wave extension. I expect it to complete wave (v) of 5 very soon, probably within the next week. RSI divergence on 3-days, weekly frames is quite visible and supports the upcoming trend reversal. When wave 5 is extended, retracement typically goes to the bottom of wave (ii) of this 5th wave. This would mean 1180-1195 USD to end the wave 5. Also, at this price wave 5 will be 2.168 times bigger than waves 1 and 3 together.
NASDAQ:NFLX
by evgenii_tr_tech
NIFTY50.....Buying panic all around! Hello Traders, the NIFTY50 has extended my cited price area to ~24620 range. It was exactly @ 24589.15 points! Here, a wave iii (blue) ended! Chart analysis: If this was all of waves (5) of iii (blue), the next move could be a wave iv (blue) to around the range of 23709 to 23845.15 zone! This one should morph into an a-b-c correction, or a triangle. While triangles are the most often failed chart patterns during a wave iv of any degree is, we will focus on the a-b-c correction! So, one higher high is still missing, but I guess the next high will be just a wave ((i)) of v (blue) with more highs to come! As I am in a hurry, only a short update today. I'll try to publish another update by Wednesday. Have a great Sunday..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
2
AUDNZD Elliott Wave AnalysisHello friends On the AUDNZD currency pair chart, we are witnessing the formation of a complete Elliott wave pattern. These waves from 1 to 5 are quite clear and we can even count its sub-waves. Now a 5-wave pattern has formed, with wave C completed by a range. Wave 5 of wave C is a contracting triangle. Now the upper trend line of this triangle has been broken and pulled back. So we expect the price to grow. Any situation may arise. The first target is also the 1.08400 range. The stop loss is also considered the 1.06500 range. Good luck and be profitable.
Long
by M_Gheysvandi
Bitcoin going upHi traders, Last week Bitcoin consolidated and went up on Wednesday. This could be wave 4 (grey) and price is now in wave 5. Price came into a Daily bullish FVG so now we could see more upside again. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish, an impulse wave up and a small correction down on a lower timeframe to trade longs. If you want to learn more about trading FVG's with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my analysis. Don't be emotional, just trade your plan! Eduwave
Long
by EduwaveTrading
Up for gold!Hi traders, Last week gold consolidated and dropped. It looks like the b-wave of the correction was a Triangle and now it's in the last Wave c (blue). For next week we wait for the finish of the correction (Zigzag) into the Weekly FVG and after that we could trade longs again. Let's see what price does and react. Trade idea: Wait for the correction to finish and a change in orderflow to bullish to trade longs again. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading
Down for SPX500USDHi traders, Last week SPX500USD did not close below the Daily FVG and broke the Weekly FVG. Now the trend has changed to bullish but price is moving very slow. This could indicate a leading diagonal (wave 1). So next week we could see a (corrective) move down from the Daily FVG above. Let's see what the market does and react. Trade idea: Wait for price come into the Daily FVG above and a change in orderflow to bearish, a small impulse wave down and a small correction up on a lower timeframe to trade (short term) shorts. If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:SPX500USDShort
by EduwaveTrading
3
One more move down for EUHi traders, Last week EU finished the correction and went lower just like I've said in my outlook. Next week we could see another wave down into the Weekly/ Daily FVG. After that upside again! Let's see what the market does and react. Trade idea: Wait for price to come into the FVG's and give a rejection. After a a change in orderflow to bullish, a small impulse wave up and a correction down on a lower timeframe you can trade longs to the higher Weekly FVG. If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
Long
by EduwaveTrading
SUI - Leveraging Fibonacci & Elliott for Precision TradesSUI’s movement is rapid, sharp swings—both up and down. In volatile conditions like this, we aim 0.702–0.786 fib retracements (and occasionally 0.886 in harmonic contexts) for high‑probability entries. Below is a clear, Elliott-focused breakdown of the current setup and both long and short trade plans. Before diving into the charts, let’s cover the basics of Elliott Wave Theory. Elliott Wave Theory provides a roadmap for market psychology by dividing price action into two distinct phases: 1. Impulse Phase (Waves 1–5) Wave 1: The spark that ignites a new trend as early adopters push prices beyond the prior range. Wave 2: A corrective pullback that tests the strength of the emerging trend, often retracing 38–61.8%. Wave 3: The powerhouse wave—typically the longest and most dynamic—driven by broad market participation and often extending to key Fibonacci levels (1.618, 2.618). Wave 4: A consolidating correction that digests gains and builds the base for the final thrust; it must not overlap Wave 1 territory in a classic impulse. Wave 5: The final leg of the advance, often fueled by last bursts of optimism and weaker hands. 2. Corrective Phase (Waves A–B–C) Wave A: Initial counter-trend reaction as profit-taking begins. Wave B: A deceptive retracement back toward the trend, frequently trapping traders. Wave C: The concluding leg of the correction, which typically tests or breaks the low of Wave A before the next cycle begins. Key Points: Impulse waves showcase momentum and structural clarity, often aligning with Fibonacci extensions. Corrective waves follow Fibonacci retracements (38.2%, 50%, 61.8%), offering optimal entry points. Wave 3 is seldom the shortest; Wave 4’s complexity sets the stage for Wave 5’s final push. In the current SUI structure: Wave 1 ignited the initial rally. Wave 2 delivered a healthy retracement, a pullback close to the 0.618 fib, setting the stage for stronger momentum. Wave 3 roared to a powerful peak topped at the 2.618 extension ($3.875) Now, we’re deep into Wave 4, likely an ABC corrective pattern. This pause is critical—it gathers energy before the final push of Wave 5. Below is a clear breakdown of each wave, big-picture confluences, and trade setups. 🚀 Elliott Wave Overview 1. Wave 1 & Wave 2 Wave 1: Quick surge from $2.4175 → $2.75, setting initial momentum. Wave 2: Pulled back close to the 0.618 fib, creating a solid launchpad. 2. Wave 3: The Power Move Peak: Hit the 2.618 extension of Wave 1→2 and aligned with the –2 extension of Wave 1. Significance: In strong bull markets, a run to the 2.618 extension often precedes a meaningful pullback. Here, Wave 3’s exhaustion suggests a retrace toward the 38.2% Fib of that advance—our ideal Wave 4 entry zone. 3. Wave 4: The Correction All eyes on the $3.17 level—the projected 1:1 extension of A→B and 0.382 fib retracement of Wave 3. This confluence zone is yet to be tested and could offer an ideal Wave 4 entry. ABC Pattern: Currently working on Wave C. 4. Wave 5: The Finale Target Zone: $4.00–$4.35, with strong focus at $4.31 Extension Levels: 1.133 → $3.9695 aligns with the 0.618 fib retracement. 1.272 → $4.0683 is close to the weekly resistance level. 1.412 → $4.1678 alings with the 0.666 fib retracement. 1.618 → $4.3142 alings with the key swing high. 🔑 Key Confluence Levels Golden Pocket: $3.9739–$4.1492 (90-day retrace). Speed Fan 0.618: Support around $3.15. Fair Value Gap: Psychological: $3.00 major support. 📈 Long Trade Setup Entry Ladder: $3.25–$3.111 (stack orders to DCA) Stop‑Loss: $3.07 (just below the 0.786 Fib low) Profit Targets: Fib 1.133 at $3.9795 ($4 psychological & partial take‑profit) Fib 1.272 at $4.0683 Fib 1.412 at $4.1678 Fib 1.618 at $4.3142 Risk:Reward: ~6:1+ (average entry around $3.20 → SL at $3.07 → TP1 at $3.9795) 📉 Short Trade Setup Entry Zone: $4.00–$4.35 (sweet spot at weekly level/yearly open) Confirmation: Bearish reversal candle or volume spike down Stop‑Loss: Above $4.35 Target: $3.77 (near Wave 3 high turned support) Risk:Reward: ~2:1 (varies with DCA entry) ⚙️ Summary & Game Plan Primary Bias: Long in the $3.25–$3.111 zone—stack into the 0.382-0.412 fib retracement entries with tight SL, aiming for the $4.00–$4.30 upside zone. Alternate Bias: Short on a clear rejection within $4.00–$4.35, targeting $3.77 or lower. Risk Management: Keep stops tight to maximize R:R. Patience & Confirmation: Wait for price to reach these zones and show reversal signals (price action, volume, patterns) before committing. All set—now let SUI’s swings unveil the opportunities. Sit tight, follow your plan, and let patience pay its dividend. Happy Trading! ____________________________________ If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Long
by SiDec
20
BTC Elliott wave analysis 5/3/2025For me , I think the Wave B of the Big 4 is already finished as you can see the clear divergence in 4 hours timeflame and the small wave count is also confirm that the end of wave be should be finish and Wave C is ready to coming down. Since the wave B retraced in the range of 0.618 - 0.8 (weak B) we expect the target for the end of wave C is around 1.272 - 1.382 of wave A (B-Failure flat) or around 68000- 65000.Surpisingly , the price target that we get is the same level as the huge suppot zone in 2024 making the 68000- 65000 target price more likely to be the end of C wave. But we should also think of the alternate scenario that the Big wave 4 is already end in WXYXZ (in the wave A) and the upcoming wave 5 (wave B)is already coming up and hit the resistance and waiting to go higher.
COINBASE:BTCUSDShort
by jirapattinn