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Elliott Wave

EURNZD Eyes 1.99 — Technical & Fundamental Bulls AlignedToday, I want to analyze EURNZD ( OANDA:EURNZD ) for you, which is in good shape both technically and fundamentally . Please stay with me. EURNZD is moving close to the Support zone(1.88750 NZD-1.7970 NZD) and 100_SMA(Daily) and has managed to form a Double Bottom Pattern . From the perspective of Elliott Wave theory , EURNZD seems to have completed the main wave 4 , and we should wait for the main wave 5 . The main wave 5 could complete at the Heavy Resistance zone(2.120 NZD-1.9927 NZD) . ----------------------------------- EURNZD – Fundamental Analysis: The EURNZD pair currently reflects a divergence between two very different economic outlooks. Eurozone (EUR): The European Central Bank (ECB) has recently begun cutting interest rates to support slowing economic activity, especially in the industrial and manufacturing sectors. Despite this dovish shift, inflation remains relatively under control, and the euro has held up well against riskier currencies thanks to global uncertainty and safe-haven flows. New Zealand (NZD): New Zealand's economy is under pressure. The latest GDP figures confirmed a weak growth outlook, and signs of a technical recession are mounting. While the Reserve Bank of New Zealand (RBNZ) has maintained a relatively hawkish tone, it faces a dilemma: inflation is sticky, but domestic demand and housing remain fragile. The RBNZ may be forced to soften its stance sooner than expected. Outlook: This fundamental backdrop supports a bullish bias for EURNZD. The euro’s relative stability versus the increasingly vulnerable New Zealand dollar makes this pair attractive for long positions — especially if upcoming NZ data disappoints or global risk sentiment weakens further. ----------------------------------- Based on the above explanation, I expect EURNZD to rise to at least 1.9917 NZD . Note: Stop Loss(SL): 1.8779 NZD Please respect each other's ideas and express them politely if you agree or disagree. Euro/New Zealand Dollar Analyze (EURNZD), Daily time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
1
BTC Wave C of (2) underway?BTC appears to have completed wave (1) at the daily R1 pivot with wave C of (2) underway. The initial target is the triple support - Ascending daily 200EMA, High Volume Nodeand 0.382 Fibonacci retracement $102k. BTC has had shallow retracements this cycle, often ending at the 0.382, demonstarting investor psychology - people just cant wait to buy the dip! Daily RSI is making its way into oversold which would print a bullish divergence from the wave 4 low unless this value was penetrated. Safe trading
BITSTAMP:BTCUSD
by Maddox_Metrics
AAVE Ending Diagonal?We have some more clarity with the local AAVE pattern and it does appear to be an Elliot wave ending diagonal. After a strong wave 3 ending diagonals form as a terminal pattern with a thrust above the trend line threshold and drop back down to complete a higher degree motif wave 1. The following retracement has a high probability of terminating at the wave 4 bottom which in this case is at the High Volume Node support and 0.5 Fibonacci retracement at $210. RSI has printed a series of bearish divergence from overbought but this took a long time to play out! Analysis is invalidated if price breaks above $400. Safe trading
COINBASE:AAVEUSD
by Maddox_Metrics
NIFTY50 UPDATEAfter the formation of a diametric pattern, as expected, the NIFTY50 index experienced a strong upward movement. This upward movement concluded with the formation of a Reverse Contracting Triangle pattern. Given the current conditions, two probable scenarios lie ahead for the index: 1- The correction that followed the Reverse Contracting Triangle is wave-b of a larger upward movement, and after the completion of this wave, NIFTY50 will resume its upward trend. Considering the strong movement that occurred after the diametric pattern, it seems likely that this scenario could materialize. In this scenario, the 24337 level will not be broken to the downside. 2- If the price breaks below 24337, we should assume that a double pattern of triangle - X - diametric formed wave-a, and the Reverse Contracting Triangle that followed is wave-b of a larger corrective downward pattern, which could be a neutral or reverse triangle. Good luck NEoWave Chart
NSE:NIFTY
by NEoWave-Chart
The last rally - ETH weekly update Aug 25 - 31thEthereum is in the final stages of Intermediate Wave 5, which also completes Primary Wave 5 and, in turn, Cycle Wave 1. At the Minor degree, the market is currently unfolding Wave 4, while at the Minute degree we are within Wave C, which is set to complete the corrective Flat structure. If the diagonal structure of this five-wave C continues, the earliest likely completion would occur around 1 pm. From a timing perspective, the end of Wave 4 would align well with the opening of the New York trading session. The alternative scenario assumes that this correction is not yet complete and could evolve into a more complex structure. Looking at liquidity, the order book appears relatively thin below the current level, with a significant cluster of orders around the $5,000 mark. This level also coincides with the first Fibonacci projection for Wave 5, making it a likely sell wall that could eventually trigger a trend reversal. The liquidation heatmap also shows limited liquidity, with small to medium clusters positioned near the 1.618 extension of Wave C. Derivative data paints a neutral picture. Funding rates are balanced, and open interest is stagnant, both of which provide suitable conditions for one final push higher. In conclusion, my bias remains long. I plan to enter long positions around the 1.618 extension level of Wave C. To refine execution, I will set an alert at this level to observe price behavior closely and make decisions based on how the market reacts there. Once this final Wave 5 completes, Ethereum will transition into Cycle Wave 2. In crypto markets, Wave 2 corrections are often very deep, and Elliott Wave theory also expects significant retracements at this stage. Price levels in the $2,000–$3,000 range may therefore reappear. During such a selloff, capital will likely rotate into altcoins, creating fresh opportunities across the broader market.
BINANCE:ETHUSDLong
by Phillipklh
INDRAPRASTHA GASIndraprastha Gas Ltd. (currently trading at ₹210) is India’s leading city gas distribution company, supplying compressed natural gas (CNG) and piped natural gas (PNG) across Delhi NCR and adjoining regions. Incorporated in 1998 as a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi, IGL plays a critical role in India’s clean energy transition, serving over 3.1 million households and 21.5 lakh vehicles across 955 CNG stations. Indraprastha Gas Ltd. – FY22–FY25 Snapshot Sales – ₹7,580 Cr → ₹10,220 Cr → ₹13,180 Cr → ₹15,717 Cr Growth driven by volume expansion and network penetration Net Profit – ₹1,502 Cr → ₹1,720 Cr → ₹1,860 Cr → ₹1,983 Cr Stable earnings supported by regulated margins and scale Operating Performance – Strong → Strong → Strong → Strong Consistent EBITDA margins and high asset utilization Dividend Yield (%) – 1.25% → 1.30% → 1.35% → 1.40% Steady payouts aligned with cash flow generation Equity Capital – ₹140.00 Cr (constant) No dilution; government and promoter-backed structure Total Debt – ₹0 Cr (debt-free) Fully equity-financed operations Fixed Assets – ₹4,820 Cr → ₹5,180 Cr → ₹5,520 Cr → ₹5,880 Cr Capex focused on pipeline expansion and station infrastructure Institutional Interest & Ownership Trends Promoter holding stands at 45.00% via GAIL and BPCL. FIIs and DIIs maintain strong exposure due to IGL’s monopoly status, clean energy theme, and predictable cash flows. Delivery volumes reflect long-term accumulation by ESG, infra, and utility-focused funds. Business Growth Verdict IGL continues to scale across CNG and PNG segments Margins remain stable due to regulated pricing and operational efficiency Debt-free structure enhances financial flexibility Capex supports long-term network expansion and customer onboarding Management Con Call Management emphasized strong growth in PNG connections across residential and commercial segments. CNG volumes continue to rise with fleet conversions and EV-hybrid transitions delayed. New cities added under GA expansion include Karnal, Kaithal, and Muzaffarnagar. FY26 outlook includes high single-digit volume growth and margin retention, supported by infrastructure rollout and favorable policy tailwinds. Final Investment Verdict Indraprastha Gas Ltd. offers a high-quality utility compounding story built on clean energy infrastructure, regulatory stability, and operational depth. Its debt-free status, consistent profitability, and strong promoter backing make it suitable for accumulation by investors seeking exposure to India’s urban energy transition. With expanding reach and policy support, IGL remains a durable value creator in the city gas distribution space.
NSE:IGLLong
by TechnicalAnalystSucrit
GOLD analysisXAUUSD Analysis (1H TF) 📊 Wave Count (Elliott Wave) • Wave 1 & 2 completed. • Wave 3/(i) impulsive leg formed with strong momentum. • 3/(ii) corrective ABC structure has completed. • Market is now in 3/(iii), which is typically the strongest leg of Wave 3. 🔎 Technical Outlook • Histogram shows convergence, backing bullish continuation. • Structure favors further upside as long as 3/(ii) low (~3,352) holds. • Break above 3/(i) high adds further bullish confirmation. 💡 Bias: Bullish (Buy setup developing) 🎯 Targets: • Short-term → 3,395 – 3,410 resistance zone • Medium-term → Higher projections if momentum sustains 📉 Invalidation: • Break below 3/(ii) low invalidates the bullish sub-wave scenario. ⚠️ Additional Note: Currently looking for continuation of 3/(iii) to the upside. 🚨 Next plan → Wait for pullback at Wave 3/(iv) to position for a fresh buy entry, targeting Wave 3/(v) extension. ⸻ 👉 In summary: Gold is bullish, supported by DXY weakness. Watching Wave 3 development and planning a buy on Wave 3/(iv) pullback.
TVC:GOLDLong
by AwesomeOscDad
USDJPY Short: Completed Wave 2 retracement at 61.8%Following last Friday's idea to short USDJPY, now there is another opportunity to do a short if you have missed the previous chance. Or to shift your stop if you are still in the short position and have not yet taken your profit. Or to add in your short position. Over here, I pointed out 2 main things: 1. A 3-waves completion (ABC) for the retracement up. 2. The retracement stopped at 61.8% of the previous wave down. The stop for this idea is above wave 2 (>147.94). The preferred take profit is still at the trendline but for those of you who are doing more short-term trading, I suggested nearer targets using previous resistances. Good luck!
Short
by yuchaosng
Bull and bear analysis for BTCUSDBull (green) and bear (red) analysis for BTCUSD. First, the bear case sees an ending diagonal off April low of 74.420.69. I think this is less likely than the bull case because 1) wave ((5)) of the ending diagonal did not throw over the wedge and 2) wave ((2)) and ((4)) are both double-threes and thus violating the rule alternation. However, if correct would see continuing impulse waves down breaking 110555.26 and 98225.01. 117416.73 needs to hold as resistance in this scenario. I think the more likely case is the bull case, with a 1/2 1/2 looking for wave ((3)) towards the 150k area. Price bouncing off .5 fib, high probability area for a wave ((2)), key support at 110555.26; this could break down and set up for a deeper wave ((2)). Break below 98225.01 would violate bullish case. Bulls need to break above 117416.73, 124533, and 136909.74 to support this count.
COINBASE:BTCUSD
by discobiscuit
Dow Jones – Elliott Wave Setup Near All-Time HighsThe Dow Jones Industrial Average has printed a Wave 3 high at 45,757.84 , with the structure suggesting that an internal Wave 4 pullback is unfolding. Once this is complete, a final Wave 5 push could follow, potentially driving the index into fresh all-time highs. Alternatively, the recent high at 45,757.84 may already mark the completion of Wave 5 . If that is the case, the corrective phase has already begun. On the RSI , a clear bearish divergence is visible: while price has moved higher, momentum has failed to confirm. This often signals that the current leg of the rally is losing steam. Based on Elliott Wave guidelines, the entire advance from 34,611 can be counted as either: Wave 1 of a new bullish impulse, or Wave A of a larger corrective structure . In both cases, a corrective phase will follow once Wave 5 completes. Standard retracements are typically in the 0.382–0.618 Fibonacci zone , but the exact levels can only be projected after the Wave 5 top is confirmed. ⚠️ Invalidation Note: The current view expects a correction after the final Wave 5. However, if the index continues to trend strongly higher without respecting this sequence, the bearish setup is invalidated and the wave structure must be re-evaluated. Summary: Current status: Wave 3 high at 45,757.84 . Expecting: Wave 4 pullback, then a Wave 5 push to new highs. After Wave 5: Retracement likely in the 0.382–0.618 zone (levels to be projected once Wave 5 is fixed). Risk: Invalidation if price keeps trending higher without corrective behavior. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
DJ:DJIShort
by WaveXplorer
GOLD → Correction before continuing distribution to 3400FX:XAUUSD entered a correction phase at the start of the session after Friday's rally, triggered by positive fundamentals... Gold is falling after Friday's rise, triggered by Powell's unexpectedly dovish comments in Jackson Hole. He confirmed the Fed's readiness to cut rates in September amid risks to employment and economic growth. The probability of a September rate cut has risen to 88%. Gold is correcting after a sharp jump, but the downside potential is limited. Market attention is focused on PCE inflation data this week Technically, the decline in gold prices may be temporary as the market continues to reassess the prospects for the Fed's dovish policy. The key factor will be Friday's PCE data, which will confirm or adjust expectations for an aggressive rate cut. Support levels: 3358, 3350, 3340 Resistance levels: 3375, 3405 The 3358-3350 area acts as a strong support zone, and it is also worth paying attention to the previously broken downward consolidation resistance. The market may test the support zone before rising, and a false breakdown and consolidation above the support level could have a bullish impact on the market... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
25
BITCOIN → Market potential change. Chance for growth to 125K...BINANCE:BTCUSDT , after a false breakdown of support, which we had been preparing for in my last idea, with the support of dovish hints from Powell, soared from 112K to 117K. What's next??? After Powell's speech and the shift in the fundamental background to positive, BTC broke the local bearish structure, forming a rally to 117K. The market exhausted its potential and, against the backdrop of the approaching weekend and a decline in liquidity, entered a correction phase. However, the relatively positive fundamental background should be taken into account when making further decisions. Lower interest rates could support the market... Technically, after retesting the 112K zone and forming a false breakdown, Bitcoin changed market sentiment. The capture of liquidity and the breakdown of the local downward structure changes the technical situation in favor of buyers. Potential areas of interest could be 117.8, 120.27, and 125K Resistance levels: 117K, 117.86K, 120.27K Support levels: 114.6K, 111.9K If, during the correction, the bulls manage to keep the price above the upper limit of the local trading range, i.e. above the downward channel and above the 114.600 zone, then interest in buying may increase. The market has the potential to test the resistance of the global trading range... Best regards, R. Linda!
Long
by RLinda
35
TOTAL ANALYSIS (4H)After the speech of the currently most hated man in finance, the entire market experienced a strong pump. With this upward move, TOTAL market cap is now signaling a potential trend shift. The corrective A-B-C wave has already concluded following the formation of a double bottom. A new impulsive upward wave now appears to be on the horizon. Key Levels: The current retracement for Wave 3 should find support around $3.83T. The main target for Wave 3 is projected near $4.4T.
CRYPTOCAP:TOTALLong
by vs_sayin
People are gonna hope again - BTC weekly update Aug 25 - 31thBitcoin is currently in Cycle Wave A, with Primary Wave B just beginning. For this Wave B, my primary expectation is a retracement toward the 0.618 Fibonacci level, the golden ratio. This level is particularly attractive because multiple factors converge here, which I will detail further in this analysis. Should price continue higher toward the next highlighted Fibonacci levels, the corresponding alternative scenarios would come into play. Compared with my previous analyses, I have adjusted the wave degrees, as this alignment fits the broader market context more accurately. From a liquidity perspective, the liquidation heatmap shows a strong cluster of liquidity around the 0.618 retracement, making it a natural candidate for a trend reversal. Furthermore, this level aligns with the point of control (POC) of the prior wave, reinforcing its significance. When viewed through the lens of support and resistance, this area has historically triggered selling reactions, which further supports my primary scenario. The order book, however, remains relatively thin around the current price levels. Derivative metrics add another layer of insight. Funding rates are currently elevated, suggesting an abundance of leveraged positions. Meanwhile, open interest has stagnated, which at this stage cannot be interpreted as strongly bullish or bearish. In summary, my bias remains long, with a target at $117.5k. However, I do not recommend entering long positions at current levels, as an Elliott Wave-based approach advises setting a stop-loss 1% below the end of the preceding wave. Under this guideline, the current setup does not provide a favorable risk-reward ratio.
BINANCE:BTCUSDLong
by Phillipklh
ETHUSD-Just Another Correction Within Uptrend?On Ethereum, we’re seeing a retracement from the 4800 area, but we think this still can be a corrective move within the ongoing uptrend. The updated wave structure suggests this could be wave four of an incomplete bullish impulse that started from the June lows, so be aware of another push higher—ideally toward the 5000 area once the retracement completes. We see price now at strong support at 4160 - 4000 region, near the black trendline and former swing highs from December 2024, where stabilization may occur. So it appears that Ethereum has more upside ahead, especially with the October 2021 highs still intact; and before calling the end of this bull run with a larger fifth wave, we’d first need to see a breakout beyond that level, after which sharp extensions toward higher targets would be possible.
BITFINEX:ETHUSDLong
by ew-forecast
2
AMDPrice has moved in and out of the target box twice now. The micro pattern hasn't given enough information yet as to what prices immediate intentions are. We have move lower that could very well be the first a wave in wave (C). It could also just be yet another consolidation before we get another slight high to finish intermediate (B). Then you also have the orange count which suggests price is within (5) of ((1)) headed to the yellow 0.786 @ $329.51. A support line that we need to breach is $157.80. This will just be a clue that a top is in. $149.35 will be the next line of resistance that price needs to break through if it has intentions of moving much lower. Until then, the pressure will remain up. P.S: MACD supports a top being in on the 4hr chart.
NASDAQ:AMD
by TSuth
BTC/USDT: Wave V warming up> Wave count structure: Current analysis places BTC in green wave V, with wave IV confirmed as valid as long as price stays above 108,790. > RSI support: Presence of bullish RSI divergence reinforces the case for wave IV completion and the start of a new impulsive leg higher. > Key invalidation level: A break below 108,790 would invalidate this count and suggest a deeper correction or alternate structure is in play. > Target projection: If the current wave V unfolds as expected, the bullish target is a new all-time high above 124,000. > Setup bias: As long as BTC holds above support and RSI maintains divergence, traders may consider buying pullbacks with stops below 108,790 in anticipation of trend continuation.
Long
by Stoic-Trader