Elliott Waves

Elliott Wave theory is one of the most popular and effective approaches to systematic trading.

Elliott Wave Drawing Tools
Elliott Wave drawing tools are for creating wave counts. They are located on the top toolbar and include five types of tools for drawing different types of waves.
glennmercer glennmercer PRO USDJPY, 15, Long , 11 hours ago
355 10 11
USDJPY, 15 Long
USDJPY Long: Ending Diagonal in Watch Zone
Is the ending diagonal complete? I have reason to believe so, based on the pop we just saw off of the bottom parallel. A drop below this level would require a recount. Therefor, stop is placed tightly below. Two targets stand on the chart. One is placed at ((a))=((c)) in a potential zig-zag. Another is placed at the completion of a potential bat pattern. There are many targets further up, but we'll focus on these two for now. Happy trading!
294 1 14
EURGBP - bears trying to deliver impulse wave
There's a possible ended impulse in wave c of (ii). HOWEVER, this wave count requires a confirmation. So, until we've got a small bearish impulse this wave count remains unconfirmed.
InsiderB InsiderB EURGBP, 240, Short , 1 day ago
210 0 10
EURGBP, 240 Short
Shorting EURGBP : Simple Wave Counts & Corrective wave Begins !
We can clearly see from the chart the corrective wave begins in EURGBP just after the completion of simple 12345 Elliott wave count. Moreover the price is channeling and on every retest of upper & lower trendline in bounces back to otherside and this channeling pattern also insync with our Elliot wave count in EURGBP. So check from your side and ensure the risk before entering short trade in EURGBP.
DavidMarcy_TradeHuntFx DavidMarcy_TradeHuntFx EURUSD, 240, Short , 9 hours ago
90 5 3
EURUSD, 240 Short
EURUSD - Structe may have changed....
We are still holding our EURUSD shorts from last week. We have now formed what we suspect as being the completion of Wave C in the corrective phase. Prepare for a 5 wave motive phase. RISK MANAGEMENT IS CRUCIAL. Comments are welcome!
deonfleermys deonfleermys PRO EURUSD, 60, Short , 11 hours ago
18 0 4
EURUSD, 60 Short
Small sell setup. looks good before the big impulse to the upside
SirajHudda SirajHudda PRO GBPUSD, 240, Long , 7 hours ago
65 0 3
GBPUSD, 240 Long
GBPUSD Buy Setup!!
GBPUSD Retested the Upward Trendline and started to move upwards. I would expect the pair to go higher from here as First Targets around 1.3075 and Second Targets around 1.3250
tomj2417 tomj2417 PRO DRX, D, Long , 1 day ago
13 0 3
DRX, D Long
Drax PLC - Correction finished and upside from here?
From my analysis Drax PLC may have a little further to retrace for wave 2 but it may be about to embark on some serious upside. According to this Elliott Wave count it may have completed a correction that started in 2006 and may now be resuming its upwards trend. For the more pessimistic, my completed C wave may not be deep enough and might only be the end of its wave 3 and the upswing going on now may only be the 4th wave correction before further downside. I, however, am going with the more optimistic view although I will be keeping an eye out for the alternative count.
OrangeTrader93 OrangeTrader93 NZDUSD, 60, Short , 15 hours ago
50 0 2
NZDUSD, 60 Short
Going into Wave C for NZDUSD. Retracement may test .382 fib level before continuing the trend.
NGUP NGUP EURGBP, 240, Short , 17 hours ago
29 0 1
EURGBP, 240 Short
EURGBP short
1 target 0.863 2 target 0.857 gl
CroomFX CroomFX XAGUSD, 60, Long , 13 hours ago
23 0 1
XAGUSD, 60 Long
XAGUSD Silver Bullish Bias for the week
Using Elliott Waves, have our Wave 4 correction to rejection at the .618 fibonacci level. Also we have respect of the trend line drawn from the bottom of Wave 2. First targets to aim for are the 1:1 market moves identical to Wave 1. Next target is the 1.618 extension of Wave 1 in confluence with our trend lines drawn off Waves 1 & 3. RSI (14) showing slight divergence, overall bullish trend continuation.
bsvtwit bsvtwit PRO UNG, 240, 8 hours ago
10 0 1
UNG, 240
Possible end of rally from march nearing.
Seems to be forming an ending diagonal in wave 5 to complete an impulsive move from March. A good correction expected in the coming months of the rally.
mikeoakster mikeoakster SPX, 240, Short , 1 day ago
104 7 3
SPX, 240 Short
A count and a plan.
BudWiser BudWiser PRO GBPUSD, 240, Short , 1 day ago
96 0 4
GBPUSD, 240 Short
GBPUSD Elliott wave analysis
Looking at a possible 5th wave completion Monday or Tuesday to daily support @ 1.28643 to 1.28341 on Cable.
faris.makki faris.makki USOIL, 60, Short , 1 day ago
539 0 13
USOIL, 60 Short
Crude Oil Short opportunity
Double top at 46.5 sends oil down, triggered by Saudi oil production freeze deal high probability of failure. From elliot perspective this could be described as impulse wave 1, assuming this is wave one, the retracement is likely to occur at 0.5 fib of the move, given the oversold RSI on the 60m chart, we are likely to find an entry at 45.35. Wave 3 should be the greatest wave and is the objective of this trade. typically the size of the third wave is 1.618 the move of the first wave. However we could corrective structures in between the impulses, possibly forming bearish harmonic patterns and forming a downtrend line. 4h chart looks bearish and fundamentals are looking gloomy again.
pipizer pipizer USDJPY, 240, Long , 1 day ago
260 2 6
USDJPY, 240 Long
Elliot Wave triangle fifth wave complete
Elliot Wave symmetric triangle completion.
Rashed85 Rashed85 NZDUSD, 240, Short , 1 day ago
22 0 2
NZDUSD, 240 Short
Hello i believe NZDUSD is unfolding wave II of a larger degree as ABC of a zigzag , expect a sharp zigzag because wave (1) apparently was an leading diagonal , for now a rebound toward upside is expected to call wave 2 of C , it's much better to wait the penetration of the horizontal line near 0.72102 then you can go safely short .
markrivest markrivest USO, D, Short , 1 day ago
109 3 6
USO, D Short
Could USO be Ready to Move Below $7.67?
The USO may have just completed an Elliott Wave Horizontal Triangle. If so, a post triangle thrust down may have just begun. Usually a post triangle thrust is equal to the length of the widest part of the triangle, which in this case is 4.78. If you subtract 4.78 from the supposed end of the triangle wave "E" at 10.61 it targets 5.83, it could reach this target by late October or early November. The recent Commitment of Traders Report for WTI Crude Oil futures shows that Commercials - they have the largest positions, are still at a relatively high net short position. Commercials had their highest net short position in late May just before the WTI Crude Oil and USO high of the year. A sharp decline in USO to a new low for the year could be a sign of a coming global economic slowdown similar to what happened in 2008. If this were to happen it would have a bearish effect on stock markets worldwide. Mark
Soyu_Sista Soyu_Sista GBPJPY, M, Short , 1 day ago
27 0 3
More bearish on brexit logical fact
More thousand pips coming based on elliot wave longterm reading
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