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Elliott Wave

GOLD → The correction will provide a good opportunity for longFX:XAUUSD remains above the psychologically important level of $4,000, having corrected from a record high of $4,059. The market is awaiting Powell's speech, which could set the medium-term tone for the markets... Key supporting factors: Uncertainty over the shutdown: The phased reopening plan has not yet been approved, which is keeping demand for safe-haven assets high. Expectations of Fed easing: The probability of a rate cut in October is 100%, and in December is 80%, despite disagreements within the Fed. As prices rise, the risks of a correction increase, especially against the backdrop of the Fed chair's speech. Gold remains in a bullish trend. A correction to $4,000 looks like a healthy pause. Further dynamics depend on the Fed's tone and developments with the shutdown — a break below $4,000 is unlikely without new fundamental reasons. Resistance levels: 4041, 4059, 4100 Support levels: 4001, 3986 Technically, gold has been rising without pullbacks for 35 days. The growth amounted to more than 22%. Accordingly, the market may form corrections, pullbacks, or consolidations within local timeframes. News may provoke such corrective maneuvers before the main movement. I consider the support levels of 4000 - 3986 - 3961 to be areas of interest. A retest or false breakdown could trigger a rebound and growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
Gold Holds 4,010 Ahead of Powell as Shutdown Clouds CPI OutlookHey Traders, In today’s session, we’re keeping a close eye on XAUUSD for a potential buy setup around the 4,010 zone. Gold remains in a broader uptrend, and the current pullback brings price action near a key support and trend confluence that could attract fresh buyers. All eyes are on Fed Chair Powell’s remarks later today. With the U.S. government shutdown disrupting key economic releases, including a possible delay of next week’s CPI data, Powell’s tone could heavily influence short-term Dollar sentiment—and by extension, Gold momentum. If Powell hints at policy caution amid data uncertainty, the safe-haven narrative could re-emerge quickly. We’ll be watching closely for a potential technical trigger to align with the macro backdrop. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
13
USDCHF → Change in local trend. Confirmation...FX:USDCHF confirms a change in the downtrend and is ready to move into a distribution phase amid growth in the dollar index. The dollar is breaking through resistance and may continue its bullish correction within the global downtrend. Against this backdrop, the Swiss franc is losing ground... The currency pair is forming a breakout of the local trend. The breakout of the resistance of the ascending triangle confirms bullish action. As part of the distribution, the price may test local highs. Resistance levels: 0.8071, 0.8132 Support levels: 0.800 A consolidation of the price above 0.800 may form an intermediate bottom, which will provide support for the bulls before the next run. Best regards, R. Linda!
Long
by RLinda
5
GOLD → Testing 4050 - 4100. Need a pullback to tradeFX:XAUUSD is hitting a new all-time high, testing $4,050, and looks set to reach $4,100. This record growth is linked to falling interest rates and economic risks, which are causing money to flow into hedge assets... Key drivers: The White House may announce civil service cuts amid the shutdown, which increases uncertainty. The probability of interest rate cuts in October is 95%, supported by the delay in data publication due to the shutdown. Global central banks continue to build up reserves. However, as prices rise, so do the risks of correction. The USD is also receiving support as a safe haven, which may limit further growth in gold. Resistance levels: 4050, 4075, 4100 Support levels: 4020, 400, 3986 Technically, we need to wait for a slowdown and correction to take a full breath before further movement. I consider the local liquidity zones of 4020 - 4000 - 3986, 3961 to be promising areas of interest. I do not rule out the possibility of sharp shocks in the market, so we need to be prepared... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
17
SOLANA → Retracement for consolidation before growth to 250.0BINANCE:SOLUSDT bounces off trend support, forms a reversal pattern, and enters a distribution phase, during which it updates its maximum but encounters strong resistance. What's next? Bitcoin breaks through resistance, updating its maximum and opening up a new chance for growth for altcoins. Correction and retesting of support in the market may end with continued growth. SOL is testing resistance at 231.5. The rally has temporarily stalled, and a correction is forming, during which the market may test the break-even and imbalance zone before returning to growth. It is worth keeping an eye on Bitcoin, as a resumption of growth by the flagship will support the growth of altcoins. Resistance levels: 231.5, 235, 250 Support levels: 218, 205 A false breakout of 231.5 is provoking a pullback. It is necessary to monitor the further halt in price. I expect a retest of 220-218 before the price returns to growth. Sincerely, R. Linda!
Long
by RLinda
7
DOGEUSDT → Correction to 0.246. The hunt for liquidity BINANCE:DOGEUSDT.P attempted to realize its potential after breaking out of the downward resistance. After updating the local maximum to 0.27, the price entered a phase of correction and consolidation... Bitcoin slows down its growth after reaching the 125K zone. A correction may form in the altcoin markets due to the risk of profit-taking. For DOGE, there is a zone of interest at 0.2466 The price of DOGE has reached a strong resistance zone, where bears have increased pressure. A false breakout of 0.2653 - 0.2694 has formed. A sell-off is forming... Resistance levels: 0.2653, 0.2694 Support levels: 0.2466, 0.2431, 0.2376 Against the backdrop of market correction, a downward rally associated with panic selling is forming. The support zone that is of interest to the market is 0.2466, and this zone is quite capable of stopping the decline. A false breakdown and holding the price above 0.246 - 0.243 may renew interest in growth. Best regards, R. Linda!
Long
by RLinda
20
Tata Elxsi – End of Correction?Market always moves in Impulse → Correction → Impulse cycles. And looking at Tata Elxsi, it seems that the corrective phase (A–B–C) might just have completed. 📈 Elliott Wave Observation: The entire move appears as a clean A–B–C correction after a strong impulse. Wave B looks sideways, forming a smaller a–b–c structure within it. Correction has retraced more than 50% of the previous impulse move. Time-wise, the correction has taken longer than the impulse, which often signals exhaustion of correction. Multiple confluence factors align, suggesting a potential start of the next impulse phase. ✨ Early signs of strength could validate this view — if confirmed, Tata Elxsi might be gearing up for its next leg up. ⚠️ Educational purpose only. Not a buy/sell recommendation. Markets involve risk — always do your own research before investing.
NSE:TATAELXSILong
by SpiderChart
BMNR: Post-Compression Breakout Map (Wave 3 → 4 → 5)Price action is compressing against horizontal resistance while riding a rising base, suggesting a completed 1–2 and positioning for an impulsive wave 3 breakout, followed by a wave 4 retest and a measured wave 5 extension. Confirmation comes on a decisive breakout and hold above the range high; a brief throwback into former resistance is acceptable if structure stays intact. Invalidation sits on sustained closes back below the rising trend line or a clean breach of the wave‑2 pivot, which would imply the structure is morphing into a corrective pattern. Execution plan favors scaling on confirmation, trimming into projected wave 3 strength, re‑loading on a controlled wave 4 pullback, and final distribution into wave 5 targets. If momentum stalls or gaps fail to hold, reduce risk and reassess the count versus an ABC/flat alternative.
AMEX:BMNRLong
by msezng
EUR/USD Elliott Wave: Still Consolidating 2025's RallyEUR/USD appears to be declining in wave ((iii)) of C of (2). We are following the progression of waves ((iii)), ((iv)), and ((v)) in conjunction with the Fibonacci retracement levels to determine where this consolidation might end. Once this wave (2) finalises, then a wave (3) rally would begin. There is an alternative wave count under consideration in that the sideways price action since July 1 is a large triangle pattern. If so, then EURUSD would need to hold above 1.14. Watch the video analysis for more details.
by Alchemy Markets
CHF/JPY Builds Momentum for Next Wave HigherThe CHF/JPY 1-hour chart shows a completed wave (1) near the 191.17 level, confirming a strong bullish impulse after a previous decline. The pair is now entering a wave (2) corrective phase, which is likely to retrace toward the 188.7–189.0 support zone before resuming the next upward move. This pullback appears to be a healthy correction within the broader uptrend. Once the correction is complete, wave (3) is expected to begin, targeting levels above 193.0 . The overall market structure remains bullish, suggesting that any short-term dips could offer potential buying opportunities for traders waiting for the next impulsive rally Stay tuned @Money_Dictators Thank you.
Long
by Money_Dictators
Bitcoin + ALT-SEASON 2025 Starting! (sell here, thank me later)Bitcoin has been pumping heavily in past days! And this trend will likely continue the whole month of October. We have a very likely scenario that will probably happen on Bitcoin, and in this analysis I will tell you which one! The Elliott Wave theory is one of the strongest tools that you can use to analyze the crypto market. Why? Even banks use this theory, and they pay in gold to expert Elliott wave analysts. What we can see on the current chart of Bitcoin is that we are clearly in wave 3. Wave 1 and Wave 2 are also very clear, so it's really hard to argue against this Elliott wave count because it's pretty much a textbook example. That's very exciting because we can predict the future with a high probability of success. I drew an arrow on the chart so you see this prediction without any misunderstanding. Together with the blue long-term trendline, I think we have an extremely strong resistance. If you sell Bitcoin here and tell everyone that you sold the top at 131K, I would consider it a huge success. What about an alt season? I expect a strong alt season at the final stage of the bull run! And it should start anytime soon. Buying altcoins seems to be a very clever idea, or exchanging bitcoin for altcoins as well. All we need is the BTC.D or BTCDOMUSDT.P to go down, which you can see for yourself on TradingView. So I think you see my prediction and I hope you like it! But what altcoins to buy? Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
155
Novo Nordisk – 40-Year Supercycle Breakdown (Monthly)After nearly four decades inside a rising secular channel, Novo Nordisk broke below it for the first time ever in July 2025 . Since then, two consecutive monthly closes below the channel — coupled with two consecutive closes under the monthly EMA 100 (previously flawless support) — confirm a major structural shift . The failure of bulls to reclaim either the EMA 100 or the channel underscores that bears are now firmly in control . From an Elliott Wave perspective, price action since 1987 forms a clear completed 5-wave super-cycle , suggesting a larger-degree corrective phase is underway. A move toward ±$25 — aligning with the 23.6 % Fibonacci retracement of the entire advance — stands out as a primary downside target . Even this level would represent only a shallow retracement of the full trend, implying that the current decline may still be in its early stages.
NYSE:NVOShort
by tex071173952
14
Can NASDAQ Hold 24,600 and Push to New Highs?Hey Traders, in tomorrow’s trading session we are monitoring NAS100 for a potential buying opportunity around the 24,600 zone. NASDAQ remains in an uptrend and is currently in a correction phase, with price approaching a key support/resistance level at 24,600. Structure: The broader trend is bullish, with price moving within an ascending channel. Key level in focus: 24,600 — a critical support area aligning with the lower boundary of the channel. Next move: Holding above this level could set the stage for a rebound toward 25,100, which represents the channel’s upper resistance and potential higher high formation. Trade safe, Joe.
PEPPERSTONE:NAS100Long
by JoeChampion
20
Going Long on the Euro-USDFX:EURUSD Nice hammer candle today. The trend is up; the trend is your friend. And it seems like it can continue climbing all year to finish its 5th wave impulse, which looks like it is going to be an ending diagonal triangle. Fed will continue to lower interest rates, which would support the rise of the Euro against the US Dollar. Going long here with target at $1.22 USD. Stop $1.16 USD. It may take several weeks to reach the target. Good luck to you.
Long
by Raul_Dominguez
JIOFIN Setting Up for the Next Big Breakout!JIOFIN Daily chart Possible short-term dip toward 285 - 290. Long-term Levels: 335, 368, and 342. Overall Trend: Bullish Short-term trend: Bearish JIOFIN is ready for the final upsurge as the correction ends at wave (C). A major A-B-C correction of the primary degree is clearly visible on the daily timeframe chart. Upon closer examination, it appears that the JIOFIN is currently in wave (Y) of wave 4. After completion of the wave 4 structure, Stock will set for the wave 4 for the given long-term levels. Stay tuned! @Money_Dictators Thanks :)
NSE:JIOFIN
by Money_Dictators
DAX Attacking New ATH German DAX is in a very nice recovery, breaking above the corrective channel resistance line, so apparently we are in risk-on mode on this index, which sooner or later could revisit all-time highs. Keep in mind this could already be a fifth wave, but there’s still room for 25,000 or even 25,500. What I really like on the smaller intraday time frame is the strong recovery since October 1st, and notice there’s a gap from October 2nd — these gaps can often act as reversal points, especially once they get filled on the cash market. L ooking at the cash chart, it seems that gap could still get filled during the current fourth-wave correction, which could be a very nice spot for the market to resume higher toward the previous July 2025 highs. The gap fill could be an important support, while the short-term invalidation level is at 23,834 — as long as this one holds, the intraday trend remains up.
PEPPERSTONE:GER40
by ew-forecast