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Elliott Wave

GOLD - Hunting for liquidity ahead of growth. Focus on 4475FX:XAUUSD reached a new historic high of around $4,525. However, profit-taking is causing a correction, with the 4,475-4,470 range being the area of interest in the bull market. The dollar is weakening, with the market anticipating two rate cuts in 2026. Geopolitical risks are supporting demand for safe-haven assets. Positive US GDP data for Q3 (+4.3%) did not support the dollar due to expectations of a slowdown in growth in Q4. The dollar index has hit its lowest level since early October. Today, US jobless claims data will be released, which may increase volatility. The overall positive sentiment in the stock markets is holding back more active growth in gold. The upward trend in gold continues. Any significant correction is likely to be seen as a buying opportunity, given the Fed's accommodative monetary policy and geopolitical uncertainty. Resistance levels: 4500, 4525 Support levels: 4475, 4470, 4466, 4452 Focus on the current trading range of 4475-4525. A false breakdown of support could attract buyers waiting for favorable prices. I do not rule out a retest of 4452-4442 before growth (against the backdrop of aggressive profit-taking). Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
Gold Hits ATH Before Christmas — Is a Correction Coming?🎄🎄🎄 Merry Christmas, Traders! 🎄🎄🎄 Wishing you a joyful Christmas filled with good vibes, calm markets, tight stop-losses, and charts that respect your levels😄. May you spend this season with your family, loved ones, and everyone who truly matters — away from stress, noise, and overtrading. Enjoy the holidays, protect your capital,and come back refreshed for the new trading year. Best wishes to all my followers — thank you for being part of this journey ✨ ----------------------------- Historically, Gold has not printed all-time highs during the Christmas period. Most ATHs have occurred during macro stress events, not holiday sessions. As we approach Christmas, the market typically sees: Lower trading volume Reduced institutional participation More range-bound and slower price action This period is usually characterized by consolidation or mild directional moves, rather than strong breakouts. Important trends and decisive moves in Gold often emerge after the holidays, when liquidity returns and institutional positioning resumes in early January. ----------------------------- Currently, gold is moving near a resistance zone($4,506-$4,494) and, over the past few days, it has consistently formed new all-time highs (ATHs). From a classic technical perspective, gold, after experiencing a strong decline in momentum yesterday, seems to have formed a symmetrical triangle. A break below the lower line of this triangle could lead to a short-term downward movement for gold. From an Elliott Wave perspective, it appears that gold has completed wave 5, and we should now expect corrective waves. Given the intensity of the downward momentum, these corrective waves could be quite significant. I expect gold to decline from the resistance zone($4,506-$4,494) and the lower line of the symmetrical triangle, at least down to the support zone. Considering the approach of Christmas, trading volume is likely to be low, so larger targets might be more relevant after the holiday season. First Target: Support zone($4,478-$4,466) Second Target: Support zone($4,43-$4,426) Stop Loss(SL): $4,514 Points may shift as the market evolves 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌 Gold Analyze (XAUUSD), 15-minute time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
OANDA:XAUUSDShort
by pejman_zwin
27
Bitcoin Christmas Rally? $90K/More in SightBitcoin ( BINANCE:BTCUSDT ), as I previously expected , has risen to its initial target and has broken above the important level of $88,200, which is a positive sign for continued bullish momentum. At the moment, Bitcoin is striving to break through the resistance zone($89,230-$87,720). From an Elliott Wave perspective, it seems that Bitcoin is completing microwave B of the main wave Y. I expect that after breaking the resistance zone($89,230-$87,720), Bitcoin could rise at least up to the significant level of $90,300, approaching the Cumulative Short Liquidation Leverage and the 50_SMA(Daily). If BTC breaks above the 50_SMA(Daily), we can anticipate even further gains for Bitcoin. The question is: do you think Bitcoin will hold above $90,000, or will it begin to decline again? And finally, a little note about Christmas: I hope you enjoy a wonderful holiday season with your loved ones, and let’s see how Bitcoin performs as we head into the new year! Cumulative Long Liquidation Leverage: $86,690-$85,990 First Target: $90,161 Second Target: $90,721 Third Target: 50_SMA(Daily) Stop Loss(SL): $86,850 Points may shift as the market evolves 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
Long
by pejman_zwin
17
SILVER SPOT where is it actually goingSILVER Spot started one of the biggest rallies since idk how long so where is it actually going, i tried to count in h1- h4 and Daily waves, i think we still have quite a bit to go, there might be 1 or 2 mediocre corrections on the way but main target is very up high and it will probably take weeks maybe months of climbing i tried to be precise as i could and come to conlusion with 2 possible paths we are porbably extending a wave 3 or extending a wave 5 so keep on the watch with long parralel channels , happy new year.
TVC:SILVERLong
by artisticDog29915
10
AVAXUSDT - The hunt for liquidity before the fall BINANCE:AVAXUSDT , within the context of a global downtrend and low liquidity associated with market conditions, is forming a short squeeze ahead of a possible decline. The global trend is protracted and downward, which generally indicates the dominance of bears in the medium and long term. Bitcoin is consolidating against the backdrop of a downward trend, which generally creates negative sentiment in the market. AVAX is forming a short squeeze of consolidation resistance at 12,460, formed against the backdrop of a global downward trend. This is a manipulative maneuver to accumulate liquidity before a possible decline. If the bears keep the price below 12.540 - 12.460, then a decline can be expected in the short and medium term. Resistance levels: 12.46, 12.54 Support levels: 12.03, 11.94, 11.26 A false breakout of resistance could confirm the end of the correction or consolidation and trigger a continuation of the main downtrend. Best regards, R. Linda!
Short
by RLinda
4
GOLD - The market may update its ATH after a correction...FX:XAUUSD bounces off 4475 and updates its local maximum in the distribution phase to 4519.4. Against the backdrop of low liquidity associated with the end of the calendar year, movements may be sharp and unpredictable... The fundamental background remains unchanged, supporting gold: a weak dollar, tense geopolitical situation, mixed data from the US. However, the main problem at the moment is low liquidity due to the holidays. The Asian market bought up the supply and drove up the price. After such a strong movement, the market may enter a consolidation or correction phase, during which it may test 4508-4500 before rising. Resistance levels: 4519, 4526, 4550 Support levels: 4508, 4500 A low-liquidity market is easier to manage (in terms of manipulation). Accordingly, use strong setups and short targets for trading, as movements can be sharp and unpredictable. I expect the bull market to continue after the correction. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
2
#Nifty Directions and Levels for December 26Good morning, friends! 🌞 Market Directions and Levels for December 26 There are no big changes happening in the global market; still, the Dow Jones is showing a bullish sentiment. On the other hand, the Indian market is showing a moderately bearish outlook. Today, the market may open on a neutral note due to GIFT Nifty trading about 10 points down. What to Expect Today? In the previous session, Nifty and Bank Nifty both closed negatively, even though they started positively. What about the structure? In the higher degree, the bias remains bullish, so if the market pulls back initially, we can expect a range market between yesterday’s range. This is the basic structure. On the other hand, if the initial market decline breaks the immediate support level, the correction may continue to the swing bottom. Let’s look at the chart. Nifty current view: The Nifty current view suggests that if the initial market declines and breaks the immediate support level, we can expect a minimum of 50 to 61% in the current swing. Alternate view: If the market starts positive or if the initial move rejects around the 38% support level, we can expect a range between the previous day’s high.
NSE:NIFTY
by Manickamtraders
1
Bitcoin at Key Liquidity Zone — Bullish Reversal Loading?Bitcoin ( BINANCE:BTCUSDT ), as I mentioned in my previous idea , has successfully reached its first target($90,217). Bitcoin is currently trading near Cumulative Long Liquidation Leverage($86,6330-$86,170) and is moving within a small descending channel. Additionally, from an Elliott Wave perspective, it appears that Bitcoin is completing its Wave C in an expanding flat corrective pattern(ABC/3-3-5). We’re also observing a positive Regular Divergence (RD+) within this small descending channel, indicating potential strength. I expect that once Bitcoin breaks above the upper line of this small descending channel, it will aim to retest and potentially surpass the resistance zone($89,230-$87,720), which it previously failed to break. Do you believe Bitcoin can sustain its momentum and confirm a breakout above $90,000? Let me know your thoughts! Cumulative Short Liquidation Leverage: $91,300-$90,660 First Target: $89,321 Second Target: $90,250 Third Target: 50_SMA(Daily) Stop Loss(SL): $85,377Worst) Points may shift as the market evolves 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
Long
by pejman_zwin
24
EUR/USD — H1 | Elliott Wave Outlook🔎 EUR/USD — H1 | Elliott Wave Outlook — Correction Completed, Bullish Continuation Expected • On the H1 timeframe, EURUSD continues to maintain a bullish Elliott Wave structure, formed after completing a W–X–Y corrective phase (teal). • Wave Y (teal) of the prior corrective structure appears to have завершed around the 1.17026 area. • After completing wave 3 (red) near 1.18021, EURUSD entered a contracting A–B–C–D–E correction (yellow), with wave E terminating around 1.17665. • Price is now forming the initial impulsive advances from this base, indicating fading selling pressure and increasing probability of a bullish continuation. • As long as EURUSD holds above the 1.17665 level, the bullish structure remains intact. 📌 Preferred Scenario (Bullish): • Wait for confirmation signals and look for long opportunities in alignment with the prevailing uptrend, prioritizing structure and momentum-based trades. ⛔️ Invalidation Level: • A break below 1.17665 would invalidate the bullish scenario and require a reassessment of the wave count. 🧭 Trade Philosophy: Do not predict where the market will go — follow where capital is flowing.
Long
by TDVPRE2425
The fundamental bias for USD/JPY is BearishKey Fundamental Drivers 1. Bank of Japan's "30-Year High" Pivot The BoJ has fundamentally shifted the landscape for the Yen this month. • Rate Hike: In its December 19 meeting, the BoJ raised its policy rate to 0.75%, the highest level since 1995.  • Unanimous Hawkishness: Unlike previous split decisions, this move was unanimous. Governor Kazuo Ueda reiterated just yesterday (Dec 25) that if inflation remains near the 2% target, the bank is "ready to continue raising rates." • Yield Spikes: The 10-year Japanese Government Bond (JGB) yield has surged past 2.1%, a level not seen in decades, making JPY significantly more attractive to hold than it was just months ago.  2. US Dollar Weakness & Fed Policy The USD is under pressure as the market prices in an "inevitable" rate cut cycle for early 2026.  • Economic Cooling: Recent US data showed unemployment rising to 4.6% and CPI cooling to 2.7%—both signals that the Federal Reserve's restrictive era is ending.  • Yield Compression: The US 10-year Treasury yield has slipped toward 4.0%–4.1%, down from its 4.2%+ peaks. As US yields fall and Japanese yields rise, the "carry trade" (borrowing yen to buy dollars) is rapidly unwinding. • DXY Sentiment: The US Dollar Index (DXY) is struggling to stay above the 98.00 level, reflecting a broader "de-dollarization" narrative and concerns over the US fiscal outlook entering 2026.  3. Holiday Liquidity & Volatility • Low Volume: Today is a holiday-thinned trading day. While major markets are open, liquidity is low. • Intervention Watch: Despite the recent rate hike, the Yen remains volatile. Japanese officials have kept the threat of "direct intervention" on the table if the pair spikes unexpectedly due to thin liquidity.  📉 Market Sentiment & Price Action • Current Rate: USD/JPY is trading around 156.20 – 156.40. • Short-Term Trend: The path of least resistance is currently downward (Bearish for USD, Bullish for JPY). • Critical Levels: * Support: 155.00 is the key psychological floor. A break below this could accelerate selling. • Resistance: 157.50 is acting as a strong ceiling; rallies toward this level are being met with heavy selling by those betting on the BoJ’s normalization.
Short
by JdotFX
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
DXY Breakdown After Major Top – Wave v in ProgressThe DXY chart shows that the U.S. Dollar has completed a larger corrective structure and is now moving inside a new impulsive bearish phase. After forming a major top near the 110 area, the index started a clear five-wave decline, indicating strong downside momentum. The recent sideways movement looks like a corrective pause (wave iv / Y) rather than a trend reversal. As long as the price stays below the key resistance zone around 100–101, the overall structure remains bearish. This suggests the dollar is preparing for the final wave lower (wave v / 3), which could push the index toward deeper support levels. Overall, the Elliott Wave structure favours continued weakness in the U.S. Dollar in the coming months. Stay tuned! @Money_Dictators Thank you :)
TVC:DXYShort
by Money_Dictators