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Elliottwaveprojection

GBP/USD Maintains Bullish Structure for Wave (3) GBP/USD is showing a bullish Elliott Wave structure, where the market has completed Wave (2) through a corrective A-B-C move and is now preparing for the next impulsive leg higher. Price is holding above the 0.618–0.786 Fibonacci support zone, which is a common area for Wave (2) to finish. As long as this support holds, the bias remains bullish, and the next expected move is the start of Wave (3), which typically brings strong upside momentum. A break below the recent corrective low would invalidate this view, but above support, GBP/USD is likely to move higher toward new highs. Stay tuned! @Money_Dictators Thank you :)
Long
by Money_Dictators
Coeur Mining (CDE) Elliott Wave Outlook - Count 1 Alt1 (4H)This is an alternate outlook which sees that NYSE:CDE is already in the red wave 3 which again is approaching a typical wave 3 target at the 1.618 extension. I prefer the red wave 2 as a running flat on this outlook compared to the expanding leading diagonal count previously used, and with silver approaching $100, this outlook allows for the completion of this 5 wave sequence quicker than the previously posted 4H outlook. That last comment suggest I have one eye on a reaction at $100 silver (I suppose I can’t rule it out also Gold approaching $5K), and that I’m preparing for a larger pull back. Well once I anchor red wave 5, yellow (5), and cyan 3 or C this does suggest a larger pullback. I am going to review this count based on my higher timeframe outlook on silver, but looking at CDE in isolation, I think this leg potentially completes a 5 wave sequence higher and the potential for pull back still exists. A pull back that I may not want to hold all of my current holding through, so may trim a little more from CDE and other miners based on correlation as this wave progresses. The situation is of course fluid, and something could happen tomorrow that changes that sentiment.
NYSE:CDELong
by TheWaveCave
GMR Power — Extended Wave-3, Contracting Wave-4… Resolution📉 GMR Power & Urban Infra — Weekly Context and Daily Wave-4 / Wave-5 Structure (Elliott Study) This publication presents an educational Elliott Wave structure study 📚 using the Weekly timeframe for the overall market context and the Daily timeframe to analyse the ongoing Wave-4 correction , its probable termination area, and the conditional Wave-5 projection . On the Weekly chart , GMR Power shows a clear impulsive advance from the 2023 base into the ₹169.25 region , labelled as Wave-(3) . Fibonacci extension analysis shows that this move exceeded the 3.618 extension and approached the 4.0 level , confirming that Wave-3 is the extended wave . After this peak, price behaviour shifted from strong trending action to overlapping and corrective movement , signalling the development of Wave-(4) . On the Daily chart , Wave-(4) is unfolding as a contracting triangle (A–B–C–D–E) 🔺. Each leg is corrective and overlapping, volatility has contracted, and momentum has faded. This behaviour is typical of a Wave-4 triangle following an extended Wave-3 , where the market corrects more through time than price ⏳. From a structural and Fibonacci perspective 📐, the Wave-E termination zone is identified between approximately ₹85–95 . This region aligns with the 0.618–0.786 retracement band of the prior advance. In Elliott Wave studies, Wave-E of a triangle often resolves quietly and may not show a dramatic breakdown, which matches the current behaviour. Because Wave-3 is extended , Elliott alternation principles suggest that Wave-5 is more likely to be contracted rather than extended . Therefore, Wave-5 expectations are best framed using triangle thrust measurement and reduced Fibonacci relationships to Wave-1 , rather than equality or extension relative to Wave-3. Using these methods, the primary Wave-5 reference zone lies in the ₹120–140 region . A move toward the ₹160–170 area would be considered a lower-probability stretch scenario and would require clear impulsive behaviour and momentum expansion. A truncated Wave-5 remains possible but is not the base expectation. This study focuses on structure, probability, and wave behaviour 🧠 rather than prediction. Discussion of Wave-5 becomes relevant only after the triangle completes and price clearly transitions from corrective overlap to impulsive movement . This publication is shared strictly for educational and analytical discussion 📚⚠️ and does not constitute investment advice.
NSE:GMRP&UILong
by MendiUser
1
SANDUSD Is Ready for Up MoveSAND is in a strong uptrend on the 4-hour chart. Price has already completed waves 1, 2, and 3, where wave 3 was a sharp and powerful rise. Now the market is doing a small pullback (wave 4), which is normal after a strong move. This pullback is expected to stay in the green support zone around 0.142 – 0.141 (Fibonacci 0.5 area). As long as price holds this zone, the trend stays bullish. After wave 4 finishes, price is expected to move up again into wave 5, targeting higher levels above 0.16. Overall, trend is bullish, and the current dip looks like a buy-the-dip move, not a trend change. Stay Tuned :)
BINANCE:SANDUSD
by Money_Dictators
4H Chart Outlook on MP Materials Corp.Since the last outlook the chart has played out pretty well with green wave 5 tagging $100 and then selling off in wave 2. In this updated outlook on NYSE:MP i put forward a couple of possibilities, a near term bullish and bearish outlook, both of which are explained further on the chart comments. i did add to my position on the sell off as a potential running flat pattern was on the cards, but that level didn't hold. now currently watching to see how this pattern develops. have a target of $140 where i will reassess my position. More comments on the chart.
NYSE:MPLong
by TheWaveCave
BTC: Looking for one last leg down toward 78k?The General Outlook It looks like Bitcoin might be in the final stages of this corrective move. Before we see a real reversal, the market likely needs to complete the structure with one more push lower. There are two main ways this could play out. We might see a direct, sharp drop where support levels break relatively quickly. Alternatively, it could turn into a "diagonal" style move—this would be choppier and slower, with lots of overlapping bounces, but the destination would likely be the same. The Key Level The bears seem to be in control as long as the price stays below the recent high of $94,800. If we get a sustained break above that level, this immediate bearish setup is probably invalid. First Target: Watch for a reaction around $85,500. Second Target: A sweep of the lows near $80,300. Final Target: The move could potentially finish somewhere in the $76,000 – $78,000 zone. Just my thoughts on the chart
BITSTAMP:BTCUSDShort
by TheOnePct
6
BABA: Multi-Year Rounding Bottom Breakout — Wave 4 Support CheckThis chart for Alibaba (BABA) showcases a massive multi-year accumulation pattern, specifically a "Rounding Bottom" or "Cup" formation that began in late 2022. From an Elliott Wave perspective, the stock appears to have completed a primary Wave 3 impulse peak near the $190 level in late 2025 and is currently in the late stages of a Wave 4 corrective pullback. The long-term outlook for BABA remains highly bullish as it successfully transitions from a multi-year basing phase into a structural uptrend. The recent pullback from the October 2025 highs represents a textbook Wave 4 correction, which has found precision support at the 0.382 Fibonacci retracement level ($143.58). This level aligns perfectly with the breakout point of the major rounding base, transforming old resistance into new support. Key Technical Levels: * Support Zone: The $143 - $150 area is critical; as long as the pivot at point 4 holds, the impulsive structure remains intact. * Wave 5 Target 1: A 1.0 Fibonacci extension projects an initial target of $205.42, which would reclaim the 52-week highs. * Wave 5 Target 2: The primary 1.618 extension sits at $242.59, aligning with major historical supply zones from early 2021. * Invalidation: A sustained daily close below the Wave 2 low (approx. $70-$80) would invalidate this specific count, though the $143 level is the immediate "line in the sand" for bulls. Projected Outlook: The current price action at $150.96 is forming what looks like a bullish consolidation (handle) following the massive cup breakout. With cloud and AI demand accelerating revenue growth into 2026, the fundamental narrative supports a re-rating toward the $200+ consensus analyst targets. Traders should watch for a breakout above the Wave 3 peak to confirm the start of the final fifth-wave leg higher.
NYSE:BABALong
by msezng
ELF - Completion of 5-Wave Impulse Down - Bullish ABC Underway?This daily chart highlights a potential trend reversal following the significant 1-2-3-4-5 impulse decline observed throughout late 2024 and 2025. The completion of this 5-wave sequence at the $49.40 low appears to have set the stage for a major corrective recovery or the start of a new bullish cycle. We are currently tracking an ABC zig-zag structure, with Wave 'b' recently finding support near the $80 level, aligning with the bottom of the descending parallel channel. Key Technical Levels: * Wave 'C' Target: The immediate focus is the 1.0 Fibonacci extension at $168.82, which represents an equal-leg move (a=c). * Long-Term Extensions: If the recovery develops into a larger impulsive move, the 1.618 extensions at $202.67 and $231.52 serve as secondary targets. * Invalidation: A breakdown below the recent pivot at point 'b' (approx. $75-$80) would delay the bullish outlook and suggest further consolidation within the channel. Projected Outlook: The price action is currently reacting to the median line of the descending channel. A sustained breakout above the $100-$110 resistance zone would confirm the Wave 'c' trajectory toward the May 2026 target window. This setup offers a favorable risk/reward ratio for those looking to play the recovery of a quality growth stock that was heavily oversold in 2025.
NYSE:ELFLong
by msezng
Gold in Final Bullish Wave – Last Push Higher ExpectedGold (XAU/USD 4H) is in a strong bullish trend and is currently moving in the last part of Wave (5). The clear breakout above the previous resistance shows that buyers are in control, and the bullish structure is still valid. As long as the price stays above the main support area, the outlook remains positive, with the next target around 4,580–4,650 , where this upward move is likely to finish. For short-term trades, a sensible stop-loss can be placed below 4,420 , while the bullish view becomes invalid if the price falls below 4,360 . If everything goes as expected, Gold should make one final move higher and then take a normal corrective pullback (A-B-C) after the strong rally. Stay tuned! @Money_Dictators Thank you :)
OANDA:XAUUSDLong
by Money_Dictators
ETHUSD - Are Bears Ready for the Fall?ETHUSD on the 4H timeframe is clearly in a corrective downtrend, not a healthy bullish structure. The price action fits an Elliott Wave decline where wave 3 already completed near 2620 , followed by a weak and overlapping recovery that looks like wave 4. That recovery stayed inside a falling channel and never showed impulsive strength, which already tells you buyers are weak. More importantly, wave 4 is flirting with wave 1 territory, which puts the entire bullish hope on thin ice. Right now, ETH is at a make or break zone. If this move is just a fake breakdown, price must quickly reclaim the channel and hold above recent highs. If not, then this is likely wave 5 of C, and downside continuation becomes the dominant scenario. The structure favors a final flush toward the 2380 to 2350 area, where wave 5 projection and channel support align. Anyone blindly bullish here is ignoring structure. This is not a buy the dip market, it is a wait for confirmation or respect the downtrend market.
COINBASE:ETHUSD
by Money_Dictators
XAG/USD Ends Impulsive Rally, Healthy Correction ExpectedThe Silver daily chart shows a strong five-wave impulsive uptrend that has now completed at the recent high marked as wave 5. This confirms that bullish momentum was strong, especially during wave 3 and the final wave 5 extension. After completing a full impulsive cycle, the market usually enters a corrective phase, and the projected A-B-C correction on the chart fits well with Elliott Wave theory. The first pullback (A) is expected to relieve overbought conditions, followed by a temporary bounce (B), and then a deeper correction (C). This correction would be healthy and normal after such a strong rally. Overall, the larger trend remains bullish, but in the short to medium term, Silver is likely to correct before starting the next major upside move. Stay tuned! @Money_Dictators Thank you :)
OANDA:XAGUSD
by Money_Dictators
EUR/USD Holding Key Support – Wave 5 Upside in FocusThe EUR/USD chart shows that a larger corrective phase (A-B-C) has already finished, and the market has entered a new bullish impulsive structure. Price has completed Waves 1, 2, and 3, with Wave 3 showing strong upward momentum, which confirms bullish strength. The current pullback looks like a normal Wave 4 correction, and it is holding inside the 0.5–0.618 Fibonacci support zone, which is a common area where Wave 4 usually ends. As long as price stays above the invalidation level near 1.1655, the bullish Elliott Wave structure remains valid. This suggests EUR/USD is preparing for Wave 5, which could push price to new highs in the coming sessions. Stay tuned! @Money_Dictators Thank you :)
Long
by Money_Dictators
2
GER40 Holds Key Fibonacci Support – Upside Continuation LikelyThe GER40 chart indicates that a larger A-B-C corrective structure has been completed at the recent low, marked as (C), after which the index began a fresh impulsive upward move. From that bottom, price has formed a clean five-wave advance, confirming the start of a new bullish cycle. The recent pullback appears to be a normal Wave 2 correction, which has respected the 0.5–0.618 Fibonacci support zone, a typical area where corrections end. This suggests the correction is likely complete and the market is preparing for Wave 3, which is usually the strongest and fastest upward wave. As long as price holds above the Wave 2 low, the bullish Elliott Wave structure remains valid. Overall, the setup favors continued upside toward higher highs in the coming sessions. Stay tuned! @Money_Dictators Thank you :)
FOREXCOM:GER40Long
by Money_Dictators
BTCUSD: Holding Wave X or Slipping Lower?24 Nov 2025 27 Nov 2025 1 Dec 2025 17 Dec 2025 Bitcoin is still trading inside a falling channel, and the overall structure remains corrective. The recent bounce from lower levels lacks momentum and is overlapping, which signals consolidation rather than a trend reversal. Price continues to respect channel resistance, keeping the broader bias weak. Wave X is acting as an important support zone around 83,822 , and as long as price holds above this level, further consolidation remains possible. This area is currently absorbing selling pressure and preventing immediate continuation to the downside. However, a decisive breakdown below Wave X would signal that the correction is not complete. In that scenario, downside momentum is likely to expand, opening the path toward the 79,650 - 75,655 zone. Stay Tuned @Money_Dictators RD :)
BITSTAMP:BTCUSD
by Money_Dictators
XAU/USD Facing Decision Time – Volatility AheadThe Gold chart shows that the price is trading near a strong resistance zone after completing several impulsive waves inside an upward channel. The structure suggests Gold is likely finishing a Wave (3) or Wave (5) near the top, where selling pressure usually appears. The recent sideways-to-down movement looks like a developing Wave (4) correction, which could lead to a deeper pullback before the next big move. If the price fails to break and hold above the resistance zone, Gold may continue lower toward the lower channel support. However, if buyers push the price higher and break above the resistance cleanly, one more upside leg could form before a larger correction. Overall, the chart signals short-term weakness inside a bigger bullish structure, so caution is needed near the highs. Stay tuned! @Money_Dictators Thank you :)
OANDA:XAUUSD
by 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
COINBASE:ETHUSD
by Money_Dictators
ETHUSD: Reversal or Another Bull Trap?Look at this: ETH played the trap perfectly. After pushing into the 3200–3400 resistance zone, price failed to sustain above it and rolled over, confirming that the move was distribution, not strength. Sellers stepped in exactly where a Wave 4 rally should fail. The rejection was followed by a clean breakdown of the parallel rising channel, which shifts the short-term bias back in favor of the bears. That channel was the last structure holding the corrective bounce together. Once it broke, the bullish case weakened sharply. This drop reinforces the view that the move up from 2620 was only a Wave 4 correction, not the start of a new trend. With Wave 4 likely complete, ETH appears to be transitioning into Wave 5 of the broader corrective decline. As long as price remains below the broken channel and prior resistance, downside continuation remains the dominant scenario. The structure opens the door for a retest of 2620 , with a deeper extension toward 2465 if selling pressure accelerates. Until ETH reclaims the channel with strength and acceptance, this remains a sell-the-bounce environment. The warning came at the trap zone, and the market is now following through. Stay Tuned! Money Dictators, R.D :)
COINBASE:ETHUSD
by Money_Dictators
XAUUSD | Bullish Bias Still DominantGold (XAU/USD) technical analysis indicates a bullish bias, supported by a key breakout and rising moving averages. However, the current positive momentum is stretched and showing signs of fading, suggesting potential consolidation or choppy trading. ✅ Dominant Bullish Signal Key Trigger: Last week's breakout through the $4,245-$4,255 supply zone is seen as a key trigger for bulls. Intraday Direction: The short-term moving averages are sloping higher, maintaining an intraday bias pointing north. Market Structure: The broader setup remains supportive as falling prices attract demand around dynamic support. Upward Confirmation: If buyers reassert control and the MACD histogram expands again, the rally could extend towards a retest of the all-time high (around $4,380). Bullish Stance Continues: A sustained hold above the rising short-term moving averages will maintain the bullish tone.
OANDA:XAUUSDLong
by NouzTrader
XAUUSD | Opportunity To Continue Buying If Correction RecursGold's strong overnight move has confirmed a new bullish breakout above its two-week trading range. With the daily oscillator in positive territory and far from overbought, the path of least resistance for Gold prices remains to the upside. ✅ Bullish Scenario Upside Confirmation: A bullish breakout above the $4,245-$4,250 barrier has been confirmed. Upside Target: The $4,300 round figure now acts as an immediate hurdle. Above it, Gold could: - ⚡Rise to the next relevant hurdle in the $4,328-$4,330 region. - ⚡Extend further to challenge the all-time high around the $4,380 zone (October peak). - ⚡Major Upside Trigger: Continued buying beyond the $4,400 round figure will be seen as a new trigger and set the stage for a larger uptrend extension. ✅ Corrective Downward Scenario (Buying Opportunity) Buy-the-Dip Opportunity: Any price pullback should be viewed as a buying opportunity. Initial Key Support: Losses are expected to be limited near the resistance breakout, now support, at $4,245 – $4,250. Next Support: If $4,250 is breached, losses will be limited near the $4,220 – $4,218 region, followed by the $4,200 mark. Bias Reversal: A convincing break below the $4,170 – $4,165 support area may shift the bias in favor of bearish traders and pave the way for deeper losses.
OANDA:XAUUSDLong
by NouzTrader
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.
CAPITALCOM:US500
by Money_Dictators
1
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
by EWaveInsights