Elliottwaveretracement

Wave Analysis - ENA (12H)Good news! You'll have another chance to buy ENA if all goes according to plan. It seems like 5 waved impulsive up trend has come to end. Low volume and fib ratios confirming that the wave 5 is finished. Only Invalidation for this setup is last high. If somehow price claims the last high, it can still go higher. I believe that we will see an ABC correction and that ABC's inner waves are still tradeable for both directions. Caution: It may not reach all the way down, since this larger ABC pat

CNXFMCG - Are We Thinking Same About the Reversal?Short-Term Levels: 47,500 to 45,300 Potential Reversal Zone: 43,800 to 42,200 Bullish Scenario: A bullish reversal could be considered under the following conditions: 1. A breakout above the declining channel. 2. A reversal from the 45,300 to 42,200 zone. 3. A sustained move above 47,500 would provide further confirmation. Technical View: Nifty FMCG has formed a corrective structure on the higher timeframe after making a high near 66,438. The index is currently trading below i

by BrightRally_Research

Return of The Legend After many challenging months, NEAR has finally regained control. A strong change of character with high volume is visible on the daily timeframe. An impulsive 5-wave upward move is officially ON. Amidst the current Bitcoin pullback, NEAR is expected to complete its Wave 4, presenting an excellent opportunity to build a Long position. The fundamental drivers behind this narrative boil down to two key catalysts: -Privacy -AI NEAR Protocol introduces new privacy features that perfectly align w

Cochin Shipyard Stock (NSE): Wave (Y) Developing NSE:COCHINSHIP is showing a possible W-X-Y corrective structure on the daily chart. The first corrective phase, Wave (W) , appears to have ended near 1180, followed by a recovery that formed Wave (X) . The rally appears to have completed near 1843, close to the marked Fibonacci retracement zone. From there, the stock has turned lower and Wave (Y) appears to be developing. As long as the stock remains below the recent 1843 high, the current Elliott Wave setup continues to favour furt

by forextidings

BTC Bottom Might Be In. Here’s What Confirms It Hello traders, On November 26, 2025, when BTC was trading around $90,000, we published this: “BTC — It Is Inevitable.” We called for a move toward the $60K region while most people were still convinced Bitcoin was going higher. BTCUSD — It Is Inevitable Fast forward. We are here... So the question isn't whether Bitcoin can reach $60K anymore. The question is: what happens next? And right now, I see two scenarios. 🟢 SCENARIO #1 — THE HIGHER-PROBABILITY PATH BTC HAS ALREADY BOTTOMED.

by VIPCryptoVault

Trading Roadmap | Wave Analysis · Lesson 05 — Wave Personality Lesson 5 - Wave Personality Difficulty: (Intermediate) The three rules tell you whether a count is allowed. They cannot tell you whether it feels right. Each wave in an Elliott sequence tends to carry its own character — its own sentiment, its own participation, its own way of moving — and learning that character is often what turns a count from guesswork into something you can read. The same five-wave structure, labeled by character instead of by number. Doubt, disbelief, recogniti

Trading Roadmap | Wave Analysis · Lesson 03 — Corrective Waves Lesson 3 - Corrective Waves: Reading the Market's Pauses Difficulty: (Intermediate) Impulses are the easy part. Corrections are where most wave counts fall apart — they are slower, messier, and they take more shapes than any other structure in the market. This lesson gives you a map of the three families every correction belongs to. The full cycle in one view: the white 5-wave impulse builds the trend, then the yellow A-B-C corrects it. Notice how different the two halves feel — the

Trading Roadmap | Wave Analysis · Lesson 02 — Impulse Waves Lesson 2 - Impulse Waves: The 5-Wave Engine of Every Trend Difficulty: (Intermediate) In Lesson 1 you learned that every trend is built from impulsive and corrective moves. Now we zoom into the impulse itself — the 5-wave structure that drives every major trend. Learn to read its anatomy, and you can often tell where a trend stands and where it may be heading next. 🔵 QUICK RECAP FROM LESSON 1 Markets alternate between two types of moves: impulsive moves in the direction of the lar

XAUUSD: Bearish Elliott Wave Points Towards Fibonacci Targets Gold is moving under renewed downside pressure after failing to hold the recovery structure above the 4,100 area. From Kelly’s view, the current chart suggests that a bearish Elliott wave sequence is developing, and price may continue lower if the sell zone remains defended. The key idea is simple: gold is still weak below resistance, and the next downside targets are now guided by the Fibonacci structure. ⟡ Market structure The chart shows gold rejected from the upper recovery area and sta

by Kelly_Koou_Gold

XAUUSD: Recovery Structure Still Holds Above Support Gold is still holding a constructive recovery structure after the strong rebound from the lower zone. From Kelly’s view, price has already completed an impulsive recovery leg and is now moving into a corrective phase before the next possible upside move. The key idea is simple: gold may pull back first, but the bullish recovery structure remains valid while support holds. ⟡ Market structure The chart shows gold recovered strongly from the lower area near 3,960–3,980, then pushed higher into

by Kelly_Koou_Gold

BNBUSD Could Be Setting Up for Another Heavy Flush BNB is still trading inside a broad range on the daily chart, but the overall structure continues to look weak. Price has been struggling to break above the 100 EMA , and every recovery attempt is getting sold into before a real breakout can happen. The recent bounce from the $570 area was decent, but buyers still failed to build strong momentum above resistance. Right now, BNB is sitting near the top of the local range, which makes this area important. If the price gets rejected here again

by BrightRally_Research

$GRPN Getting Ready For Next Impulse Up NASDAQ:GRPN appears to be completing corrective wave II of wave (V) within a larger leading diagonal wave ((I)). Projected price target for wave III is $55–$60 , with wave (V) ultimately reaching around $80 Additional charts below: Weekly Chart With Elliott Wave & Wyckoff Analysis Daily Chart With Moving Averages, PMO (34SMA), & OVB (55SMA)

by GolDRoger420

₿ Dominance Swing Failure Pattern - (CAP)Continuation Acceleration Protocol (CAP) status: one of the cleanest macro rotation signals in crypto just printed on the weekly. BTC dominance posted a Swing Failure Pattern at the cycle high. Price swept above the prior structural high, failed to hold, and is now rolling over with the weekly close sitting at 58.18%. The Consequent Encroachment level at 60.24% acted as the exact rejection zone. This pattern has a perfect historical record. Every prior SFP at a dominance cycle high has precede

by TheChartWhisperr

XAUUSD: ABC Structure Points to a Buy-Zone Retest Gold is moving inside a medium-term ABC structure, and the latest reaction shows price rejecting slightly from the upper resistance area around 4,730–4,770. From Kelly’s view, this rejection does not fully cancel the recovery outlook. Instead, it suggests the market may need one more corrective pullback before attempting the next upside leg. ⟡ Market structure The broader chart is still moving inside a rising channel, with price reacting from the lower support area near 4,366 before pushing

by Kelly_Koou_Gold

Chapter 2: Breaking Down Elliott Wave Structure Index: Chapter 1: Mastering the Basics of Elliott Wave Chapter 2: Breaking Down Elliott Wave Structure In the previous chapter, we learned how Elliott waves are formed, how the wave principle is used, and the psychology behind trader decisions. Elliott Wave Structure: ----------------------------- 1. Bullish structure Fig: The structure shown above represents a bullish wave cycle. It has five upward-moving waves, followed by three downward corrective waves. Altogether, the pattern i

by BrightRally_Research

AUDUSD - Bulls Regain Momentum Near Breakout Resistance OANDA:AUDUSD continues to trade within a broader bullish structure after successfully defending the 0.7100 - 0.7110 support region. The recent recovery from the lower zone suggests that buyers are still active, while price now attempts to reclaim momentum above short-term consolidation resistance near 0.7184 . The current structure appears to be developing as a continuation phase rather than a complete reversal, with higher lows slowly rebuilding bullish pressure. As long as the support zon

by BrightRally_Research

U.S. 500 - Uptrend Holds With 7321 in Focus The U.S. 500 remains in a broader uptrend, moving within a rising channel and continuing to print higher highs and higher lows. Price appears to have completed a strong impulsive wave and is now consolidating near the upper boundary of the structure, which often signals a pause before continuation. The ABC correction inside the highlighted range looks controlled rather than bearish, while the recent rebound suggests buyers are still defending dips and keeping the bullish structure intact. As lo

by BrightRally_Research

CTRA - Healthy Dip Before Next Rally CTRA is in a clear uptrend, but after a strong rally, it’s now taking a healthy pullback. Price got rejected near $37 and is slowly moving down toward a strong support zone around $29 , where buyers previously stepped in. Wave 4 can become a crucial demand zone for the current prices. Before the next big move, it may show a small bounce and then dip again into this zone to complete the correction. The stock has already pulled back about 50% of its previous move, and now it’s approaching a

by BrightRally_Research

BRK.B - Wave 4 Setup Before the Next Explosive Move Berkshire Hathaway has formed an impulsive 3rd wave extension on the weekly chart. Right now, the stock is forming a 4th-wave correction, with wave X completing at 516.85 and wave Y now underway. Wave Y is at the middle line of the corrective channel, and if it breaks below the middle line, then we will see a downward move up to sub-wave 4 of primary wave 3. For now, Fibonacci cluster levels also suggest 440 as the correction's endpoint. After the completion of wave 4, traders can go long for

by BrightRally_Research

NIFTY 50 - Base Formation Before Recovery?Nifty 50 appears to be in a corrective phase after completing a larger advance near the 26,373 zone. The recent sharp decline into the 22,955 region looks like a potential wave (Y)/(v) exhaustion area, where selling pressure may be stabilizing. Price is now attempting to reclaim the 23,750 – 24,150 region, which acts as an important pivot. Holding above this zone could support a recovery move toward the first resistance cluster near 24,550 (R1), while a stronger breakout may open the path to

by BrightRally_Research

NVIDIA - Big Move Loading Above Resistance NVIDIA was moving sideways and downward for a while, indicating no clear trend. Now, the price has bounced strongly from around 164 , suggesting sellers are losing control. This suggests the correction may be ending, but the uptrend is not confirmed yet. Right now, the Stock is near an important level around 197 . If it breaks and stays above it, a strong move up can follow. If it fails, expect more slow and choppy movement. The security has already broken out the parallel channel on the dail

by BrightRally_Research

XAUUSD: Rebound Meets Sell Zone Gold is pushing back into a sensitive resistance area, but the rebound still does not look strong enough to shift the broader structure back into a bullish trend. From Kelly’s view, this move still reads more like a corrective recovery than the start of a clean upside reversal. Price is now testing the 4695–4710 sell zone, while also reacting around a descending trendline. That combination makes this area important, because it is where the market may decide whether the rebound can extend furt

by Kelly_Koou_Gold

XAUUSD Wave 2 Rebound Meets Resistance XAUUSD — Wave 2 rebound is reaching resistance, and sell-side pressure may return soon Gold is moving into a technically sensitive area where the current recovery no longer looks like the start of a fresh bullish trend. From Kelly’s view, this rebound is better read as a wave 2 corrective move, and the market is now approaching the zone where sellers may begin to step back in. That distinction matters. Because if this is truly a wave 2 recovery inside a broader bearish structure, then the nex

by Kelly_Koou_Gold

NIFTY 50 - Recovery Attempt but Trend Still Unclear Nifty has fallen sharply, and that fall looks mostly complete. Now it is trying to bounce, but the bounce is still weak. For now, this is just a short-term recovery, not a clear uptrend. The market needs to go above 23,860 to show the first real sign of strength. Until that happens, upside moves can fail. On the upside, there are clear resistance zones: Around 24,350 (R1) Around 25,100 (R2) Around 25,900+ (R3) On the downside, if the market fails to hold and falls again, it can

by BrightRally_Research