


WrightWayInvestments
PremiumHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD). We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting...
We're tracking a potential Wave (5) extension on EUR/USD after a clean completion of Wave (4), which bounced right from the golden zone between the 0.382–0.5 fib levels. 🔍 Structure & Context: Wave (4) bottomed at 1.1065, aligning with key fib confluence and RSI oversold bounce. Price is now showing early signs of bullish momentum, currently trading just under...
Hey traders 👋, We're setting up for what could be a textbook Wave (5) breakout on the 4H GBP/USD chart. After a clean corrective pullback to the golden zone (0.618–0.705), bulls are stepping back in. Here’s the technical story: ⚙️ Technical Breakdown: ✅ Elliott Wave Structure: Wave (4) seems complete following a controlled retracement. If this count holds, Wave...
AUD/USD is currently completing a corrective Wave (2) within a larger impulsive structure. After the peak of Wave (1) at 0.65145, price has been in a healthy retracement phase, now nearing key fib confluence zones. 🟣 EMA Confluence: Price is reacting near the 100 & 200 EMA (0.6373–0.6394), which has acted as dynamic support throughout this structure. We are...
XAUUSD (GOLD) 4H chart breaking out from Wave (4) with a clean Elliott Wave structure Targeting the 3,480+ zone for Wave (5) — Fibonacci + EMA confluence + breakout confirmation all lining up! Entry zone was right near the 0.5–0.618 fib sweet spot 🟦 Now we ride the wave Current trade idea: Long bias 🎯 Target: $3,480 🛑 Risk: Below $3,166 🔍 Strategy: Wave theory +...
Hello fellow traders, as we can see USDJPY is urgently trading in a descending channel and reached a point of resistance. This resistance is also confirmed by a key FIB level @.786. If this holds we can expect to see price move towards the next support around 128.00. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea...
As we can see EURUSD is currently in a bearish sentiment. It retraced to the 61.8 FIB level which is a key fib level for the second wave of the Elliott Wave Theory showing nice resistance to the level. Next we should see a strong impulse downward if the idea plays out correctly. The SL and TP have been marked accordingly. Upgrade your trading with me For FREE...
As we can see GBPUSD has broke out of structure and is showing a bullish sentiment. I expect it to retrace to around the 61.8 FIB level and continue moving upward. Idea will be updated upon confirmation. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please follow: @wrightwayinvestments...
As we can see XAUUSD is forming a rising wedge and heading towards an area of high resistance. I’m expecting it to break out the rising wedge and head down upon breaking this idea will be updated. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please follow: @wrightwayinvestments...
As shown USDJPY has broken out of the bearish channel and showed and showed support with a bullish momentum with a double bottom and by jumping from the trend line of the bearish channel. Moving forward we can expect USDJPY to continue moving towards the target levels of 134.000, 137.000, and 140.900 with an invalidation level of this idea being at...
As Shown USDCHF is in a bearish channel and and has formed a double bottom indicating some bullish activity which may proceed to breakout of the channel. For now we wait for a breakout and watch to see if this idea holds true. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please...
As Shown EURUSD has broken out of the ascending channel as i have marked up previously. I have changed the invalidation level to better fit the updated market conditions which is now set at 1.10343. The target levels for this trade is 1.05000 and a long term goal of 1.035000 Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on...
As shown AUDUSD is showing some nice bearish sentiment. It first broke the trend line and impulsed downward to broke the structure of the bullish movement. These are indication we may be in Wave 1 of the Elliott Wave Theory. Second the pair retraced to the Key FIB level at 50% and showed a strong resistance to the upside, also breaking another trend line...
XAUUSD is currently showing signs of a short term bullish momentum. After showing a break of structure and reversing to the downside it looks like XAUUSD has met a nice level of support where it may continue showing bullish movement until it reaches around the 1900-1925 level where we should see a strong resistance. After reaching the 1900-1925 level we should...
As Shown XAUUSD has broken out of its ascending channel and impulsed downward giving indication gold may be in a bearish trend now and the trend has reversed. It seems we are in the first wave of the Elliot wave theory which is the impulse wave that is shown on the chart. We may see a further continuation or we will see a retrace to the key FIB levels of 61.8...
As we can see AUDUSD created a rising wedge and fell below and show great resistance at the .705 Fib level which is a key Fib level for the 2nd wave of the Elliott Wave Theory. We should now be in the formation of the 3rd wave which is usually the most impulsive wave. On the Chart I marked my Take Profit levels so we can do now is wait to see how the market plays...
I shared this prediction before on Jan. 10th and so far EURUSD is showing some nice rejection to the upside but to confirm the push below we must wait for it to close below the ascending channel. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please follow: @wrightwayinvestments...
As we can see USDJPY is currently in a descending channel. And heading towards a major support level near 126.00 and 125.00. To further confirm the bearish sentiment the pair seems to be in formation of wave 5 of the Elliott Wave Theory. For the short portion of this trade I look to take profit around 126.500. After heading down for a short term sell we may see...