EURUSD Elliott Wave OutlookThe daily EURUSD structure continues to support a Wave 4 contracting triangle interpretation. Wave d appears complete at the recent swing high, and the pair is now expected to work lower in wave e toward the lower boundary of the triangle and the 0.382–0.5–0.618 Fibonacci retracement cluster of the prior advance.
As long as price holds above the triangle floor and the base channel, the higher timeframe bias remains bullish and the Wave 4 label stays valid. Once wave e completes within this support zone, the next anticipated move is a Wave 5 thrust higher, with a measured triangle target near 1.20697.
Key points:
Wave 4 daily triangle in progress
Wave d high in place, wave e developing lower
Wave e downside zone: 0.382 / 0.5 / 0.618 Fibs
Invalidation: break below triangle and base channel support
Wave 5 upside objective: ~1.20697 triangle thrust level
Elliottwaveprojection
USDCAD - Breakout Will Flip the Trend BullishUSDCAD has been sliding inside a well-defined descending channel, completing a full five-wave drop toward the support zone. The structure from the top looks corrective rather than impulsive. That means the downtrend is weakening as it reaches its final leg.
Your count shows Wave 3 finishing at the dashed red line zone, followed by a small Wave 4 bounce, and now the market is pushing into the last Wave 5. This final drop is expected to target the Fibonacci levels near 1.3915 and 1.3895 . Nothing suggests strength until those levels are tested.
The price is still trapped inside the downward channel, and every bounce has been getting sold. That confirms sellers are still in control for now. Wave (C) is close to completion, but buyers haven’t proven anything yet.
The bullish outlook only becomes valid after a clean breakout above the channel. Without that break, any upside move is just noise inside a bearish structure. The breakout must hold with a higher low to confirm a trend reversal.
If the channel breaks decisively, a strong bullish reversal toward 1.40+ becomes possible. The entire structure suggests the downtrend is aging, so a major upside swing is likely once sellers exhaust. Until then, downside targets remain open and caution is necessary.
Stay Tuned!
@Money_Dictators
ETHUSD Bull Trap? - Final Breakdown Setup Is Almost Locked InETH is still stuck inside a clear falling channel, and the entire pattern is behaving like a corrective downtrend. The recent bounce from 2620 looks sharp, but it’s still just a counter-trend move. Nothing here screams trend reversal yet.
Wave 3 ending at 2620 , and now the price is rising for a Wave 4 retracement. Wave 4 usually moves back toward the mid-channel and tests previous breakdown zones.
The red box around 3200–3300 is the key trap zone. This is where sellers can return because Wave 4 must not enter Wave 1 territory, which sits higher. As long as ETH stays under that invalidation level, the bearish structure remains fully intact.
The move looks like a classic (a)-(b)-(c) correction inside Wave 4. Once this corrective bounce completes, the chart suggests ETH will resume the downward path. The channel alignment and wave symmetry both support a final Wave 5 drop.
If the bearish count plays out, ETH could slide toward 2400 – 2300 in Wave 5 before a major bottom forms. That’s the zone where sellers exhaust and buyers take control again. Until ETH breaks the invalidation level with strength, downside remains the more probable outcome.
Stay Tuned!
@Money_Dictators
MSTR - Wave 4? - Next stop 197-202 then reload for 220-235!THESIS
The recent price action confirms a bullish Elliott Wave impulse move from the $155.61 low. The market has validated an Extended Wave 3 by successfully holding the maximum 61.8% retracement level during the deep Wave 4 pullback (low of $177.82).
We are now in the final thrust of Minor Wave 5, we should then see a 3 wave pullback which sets up the full corrective rally to our higher-degree target of $220-$235!
Analysis & Targets (Aligned to the Chart)
1. 🎯 Wave (A) Completion: The Final Minor Impulse
The current action is the final push of Minor Wave 5 (the fifth wave of the initial impulse from the $177.82 low).
• Entry Signal: The bounce from the $177.82 low confirmed the Wave 4 bottom.
• Target Zone (A): The technical projection for Wave 5 (using W5 = W1 or 0.618 \times W1-3) places the peak between $196 - $202
• Action: This is the initial profit-taking zone. Look to sell calls here, as this completes the first major structural move.
2. 🌊 Wave (B) Correction: The High-Grade Reload
Once the Wave (A) target is hit, a larger corrective pullback (Wave (2) in the larger context) is mandatory before the final surge. Since the preceding Wave 4 was sharp/deep, this Wave (B) correction is likely to be shallow/sideways (a Flat or Triangle) to adhere to the Principle of Alternation.
• Target Zone (B): We project a 38.2-50-61.8% retracement of the entire impulse. This places the reloading zone between $182 - $172 (The green box on the chart).
• Action: This is the Optimal Reloading Zone for long positions before the final rally.
3. 🚀 Wave (C) Final Target: The Greater Rally Peak
The final Wave (C) completes the overarching corrective rally. This leg is targeting a significant Fibonacci retracement of the prior, large bear wave.
• Target Zone (C): The $220 - $235 box is perfectly aligned with the high-probability 38.2% of the massive Wave 3 down that preceded this entire rally.
• Action: This is the final take-profit target for the entire trade structure.
Key Levels to Watch
• Buy Target (Sell Limit): $197 (Exit Minor W5).
• Reload Zone: $182- $172 - (Buy the Wave B dip).
• Invalidation Price: $170 (A close below this invalidates the entire impulse).
Good luck with the final wave! Remember to manage risk and set a stop loss! I am a guy on the internet and not a financial advisor!
#ElliottWave #MSTR #Bitcoin #Bullish #TechnicalAnalysis
USDJPY Breakdown Begins:Elliott Wave Points to Deeper CorrectionThe USDJPY 4H chart shows a completed five-wave impulsive structure, ending at the recent high marked as wave (5). After finishing this full wave cycle, the price has started to break down from the rising wedge pattern, which is a common sign of a trend reversal. The corrective structure from the top suggests the beginning of a larger A-B-C decline, targeting lower levels in the coming sessions. As long as price stays below the invalidation level near 157.68, the bearish outlook remains valid. This setup indicates that USDJPY has likely completed its bullish phase and is now preparing for a deeper corrective move downward.
Stay tuned!
@Money_Dictators
Thank you :)
$BTCUSD - #Bitcoin cycle analysisHi guys! 👋🏻
🔔I'd like to share with you my current Bitcoin BTCUSD analysis here.
🔔 The last correction is taking an impulse 5-wave structure, it seeems like we are about to complete the 5th wave of the Intermediate A, bounce back to $102K to complete the B and drop back to the levels near $70K - 64K to complete the correction.
🔔 I know it sounds disappointing but we need a correction to regain power. Now, before throwing tomatoes, please see cycle charts below. And never underestimate the power and rules of cycles in the market.
🔔 Why channels always matter
🔔Wave paths
🔔Fibo
🔔 Path to $150K shall look like this
🔔Concetration of Supports and Resistances
Sharing for educational purposes!
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Wave 4 Trap Complete as Bitcoin Prepares for Final Flush6 Days Ago:
3 Days Ago:
1 December 2025
BTC moved into the expected corrective zone last week but stayed inside the falling channel, showing that wave 4 was only a temporary bounce. Buyers failed to break any key resistance, and momentum kept fading. This kept the broader outlook bearish and hinted that wave 5 was still pending.
BTC has now broken below the short-term rising structure, confirming that wave 4 topped out near the 0.786 retracement. The rejection from that zone triggered a clean shift back into the main downtrend, with price sliding toward the key 86,280 support. As long as BTC holds below the upper channel boundary, the market remains positioned for further downside, with the 1.618 extension around 79,650 emerging as the next probable target for wave 5 completion.
Note:
The rejection from the 0.786–resistance zone shows buyers failed to take control.
Wave B at 86,280 is the immediate pivot level; staying below it keeps downside pressure intact.
The next major target for wave 5 sits near the 1.618 extension around 79,650.
Nifty FMCG: A Deep Dive into the Elliott Wave AnalysisHello Friends,
Welcome to RK_Chaarts.
Today, we have brought this post to illustrate how we apply Elliott Wave Theory using the FMCG sector chart as an example for educational purposes.
In this post, we will analyze the Nifty FMCG Sector Index chart and see how Elliott Wave Theory can help us anticipate the potential direction of the market. We have previously discussed Elliott Wave Theory several times, and today we will apply it to the FMCG sector.
During this analysis, we will observe how the FMCG sector chart can be divided into various waves according to Elliott Wave Theory & its Principles, and how we can use these waves to forecast the future market direction. This post is purely for educational purposes and is not intended to provide any investment recommendations.
Elliott Wave Theory Principles
1) Wave 2 will never retrace more than 100% of wave 1.
2) Wave 3 will Never be shortest among all three Impulses (1-3-5)
3) Wave 4 will Never enter into the Territory of wave 1.
(Except Diagonals and Triangles)
4) Momentum RSI Divergence in Wave 3 & Wave 5.
Let's start,
We can clearly see that the sector index chart completed Wave (2) of intermediate degree (Blue) during the March 2020 fall (COVID period). After that, it moved continuously bullish and completed Wave (3) of intermediate degree (Blue) at the top of September 2024. From there, it continuously showed a fall downwards, completing Wave (4) of intermediate degree (Blue) at 50199.35 which is bottom in March 2025.
After that, the index has been moving slightly sideways to bullish, but there is still no strength or momentum visible in it. So, friends, if we assume the projection where Wave (5) can reach using Fibonacci trend-based Fib extension based on Elliott Wave Theory, Considering move in Waves (3) to (4), it can potentially reach around somewhere between fib level 1.236 to 1.618 levels in the long term in the future because this is a weekly time frame chart.
It has an invalidation level which is the low of Wave (4) pegged at 50199.35 on the chart. If the price falls even one point below this level, we will definitely have to reanalyze our wave counts and all these assumptions will get invalidated. Then we have assume that Wave (4) is still ongoing or something else is possible. So currently, assuming Wave (4) is finished, we have started the journey of Wave (5). These are assumptions as long as the price stays above the invalidation level; we can assume it will reach somewhere between fib level 1.236 to 1.618 levels in the next 1.5 to 2 years.
This analysis is based on Elliott Wave Theory and is shared purely for educational purposes to show how Elliott Wave Theory can be used to forecast a market roadmap.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
SRF on the Edge of a Sharp BreakoutSRF seems to have finished its ABC correction near the 2770–2800 support zone, and the price has bounced back above 2859 , which now acts as a short-term trigger. If the stock stays above this level, it can move toward 3000 first, then 3160 , and possibly 3200 . The chart shows buyers gradually taking control again after the correction, but the outlook stays positive only as long as price holds above the support region.
Stay Tuned!
@Money_Dictators
GBP/USD Signals Trend Shift – Impulsive Upside ExpectedThe chart shows that GBP/USD has completed a full W–X–Y corrective pattern, with the final wave (y) and its C wave forming a clean bottom near the long-term support line. From that low, price has started a strong upward move, which looks like the beginning of a new impulsive Wave 1. The current pullback toward the 0.382–0.618 Fibonacci zone is typical behavior for a Wave 2 retracement before the next strong rally. As long as the price stays above the invalidation level at 1.30094 (the wave (y) bottom), the bullish scenario remains valid. This suggests that GBP/USD is preparing for a larger Wave 3 push to the upside.
Stay tuned!
@Money_Dictators
Thank you :)
BTCUSD - Wave 5 Decline Still Likely AheadPrevious Analysis:
BTC is approaching a critical reaction zone where the current rise looks more like a corrective push than the start of a new trend. Price is moving toward the highlighted supply region, which aligns with a potential wave 4 completion inside the descending channel. The structure from the recent low shows an internal a–b–c formation, suggesting this bounce could run into exhaustion as it enters the red zone. Unless BTC breaks out of the channel with conviction, the broader momentum still leans bearish. A rejection from this region would likely trigger the final wave 5 leg, driving price toward deeper Fibonacci levels and completing the corrective cycle before any meaningful recovery attempt can begin.
Stay Tuned!
@Money_Dictators
Coca Cola - $78 Target for New Highs Imminent 🥤The Coca-Cola Company (KO) suggests the stock has definitively finished a long period of price correction and is now ready for a significant upward trend. This pullback, which had been complex, officially concluded when the price hit its low at $65.36. Critically, the strong bounce that followed has broken the stock out of its long-term downward trading range, confirming that the selling phase is fully over.
Following this successful breakout, the chart indicates that a major new five-wave rally is starting, with the stock currently engaging the powerful middle part of this upswing (Wave 3). The analysis projects that after completing this rally, the price will ultimately reach a target around $78.00. This suggests that the stock is now in a strong phase of growth, making it a key focus for traders looking for the next major increase in value.
Stay Tuned!
@Money_Dictators
US500 - Breakout to New All-Time Highs!US500 suggests the market has put a definitive end to its recent downward movement, signaling that a major bullish trend is set to continue. This complex correction, which the chart labels as complete at the 6506.8 low, looks resolved. The index has since staged a powerful rebound and is currently pressing right up against the major upper trendline resistance, which defined the limits of the entire corrective phase.
A clear and sustained move above this key trendline will provide final confirmation that the correction is over and that a significant new upward wave has begun. The previous area of congestion around 6760 is now expected to act as strong support for the index, preventing any minor pullbacks from turning into a deeper decline. With the current price around 6,812.61 and the all-time high at 6,920.34 , the index is technically well-positioned to challenge and surpass this record high soon.
AUD/JPY | Bullish Momentum After Australian CPI Data ReleaseThe AUD/JPY pair gained a strong bullish boost after higher-than-expected Australian consumer inflation data, which dampened speculation of an interest rate cut by the Reserve Bank of Australia (RBA). Currently, the price is at a new weekly high and awaits confirmation of a breakout.
1. Market Fundamental Factors (Drivers of the Upside)
Higher Australian Inflation: The hotter (higher) Australian consumer inflation figures dampened market bets for further interest rate cuts by the RBA.
Impact: This significantly boosted the Australian Dollar (AUD), lifting the AUD/JPY pair to the 101.70 area (a new weekly high).
2. Technical Analysis and Indicators
Long-Term Bias: The 100-day Simple Moving Average (SMA) is rising steadily, and the price is holding above it, reinforcing the bullish bias.
Trend Conditions: Trend conditions will remain favorable as long as the price is above the rising SMA, which is currently below 98.00.
3. Bullish Scenario ⬆️
Strong Upside Trigger: Bulls await a breakout through the nearly three-week-old trading range (currently around 101.70). A decisive MACD push into positive territory would strengthen this case.
Next Target: A move will head towards the 102.45-102.50 region, or the highest level since July 2024, touched last week.
4. Bearish Scenario ⬇️
Initial Key Support: Weakness below the 101.40 area is likely to find decent support near the 101.00 round number.
Trading Range Support: A break below 101.00 could retest the trading range support around the 100.40-100.35 region.
Bias Reversal: A convincing break below 100.35 could trigger technical selling and drag the price below the psychological 100.00 mark, towards the next relevant support near the 99.65 - 99.60 region.
Gold – Daily Chart: Expanding Flat Bearish StructureWave (IV) is developing as a complex expanding flat on the daily timeframe.
The current count projects a deep wave C, with downside Fibonacci targets (3,250/2,920) aligning closely to the base channel support.
Sharp reversals remain a risk as this structure unfolds, and volatility is expected near the key channel-fib confluence.
Expanding flat structure mapped
Wave C targets anchored at base channel and fib zones
Technical roadmap highlights where reversals and volatility may spike
XAUUSD: Running flat, bias is bearish.
Wave count targets 3890.64 and 3745.24, invalidation at 4134.32. Structure is unresolved risk entries are possible, but confirmation still needed. If invalidation occurs, support may develop near 0.618(4154.04) and 0.764(4188.76) Fibonacci retracement.
Count valid below 4134.32
Bearish bias
Monitoring fib pivots for alternate scenario
XAGUSD Silver Outlook (Count 2)Here is my primary view on FX_IDC:XAGUSD . This is an updated view taking in to account the monthly time frame chart which i have recently shared, i may work on publishing the monthly idea soon.
In this outlook silver is currently close to working through a series of wave 4's and 5's. As I mention on the chart if the projected levels change but the sequence is accurate then I’ll be happy with that.
I have added some more comments in the chart regarding the Elliott wave guideline of alternation, which we should consider when forecasting future price action.
In line with the monthly chart, this outlook now shows the $87 target, and the analysis behind it. I have changed the wave degrees to reflect this current impulsive rally being in the cyan primary degree sitting under the purple cycle degree wave III.
More comments on the chart.
BTCUSD Monthly – Elliott Wave Count
Possible we will get a Wave ((IV)) triangle, if structure holds above $65,000 support.
Higher timeframe bias remains bullish.
Key zones: $122,154 (1.618 ext.), $188,111 (2.618 ext.)
Invalidation: Monthly close below $65,000
Roadmap:
Triangle consolidation likely through 2026
Breakout targets $120K-$190K
Impulse confirmation triggers next advance
Uranium Energy Corp Weekly Outlook (Count 1)Here is my weekly outlook on AMEX:UEC .
UEC is one of my bigger holdings, I've added at various times as shown on the chart (see green dashed lines).
In this outlook i am viewing the price action from the lows in Mar 2020 to the end point of wave (1) as a leading diagonal pattern. After that we have seen wave (2) and another wave 1 and 2 in the red degree (red wave 2 may not be complete yet).
Are we next going to see a breakout in red wave 3? the case for this will be helped if the COMEX:UX2! Uranium Futures chart plays out as predicted along with LSE:YCA & TSX:U.UN ...see my linked charts
More comments on the chart!
Note: My analysis is more focused on price levels as opposed to wave duration, so bear that in mind if you see a particular price level at a certain date in the future and think i'm rigid on both price and time.
XAGUSD Silver Outlook (Count 2)Here is my primary view on FX_IDC:XAGUSD . This is a slightly different count compared to my last outlook; however the ending goal is pretty much the same. I will work on a higher time frame outlook to show what structure exists above the weekly time frame.
In this outlook silver is currently close to working through a series of wave 4's and 5's. As I mention on the chart if the projected levels change but the sequence is accurate then I’ll be happy with that.
Having just looked at my monthly chart, it’s possible that this current impulsive wave sequence could extend the yellow wave (5) completion target up to around $87. If so, then I will have to go through the chart and change the wave degrees accordingly. As my yellow intermediate degree would become the cyan primary degree sitting under the purple cycle degree.
More comments on the chart.






















