Elliott Wave
USD/JPY - Fake Breakout. Is price Distributing💹 USD/JPY – 4H Forecast
Weekly Structure:
Price is still holding strong above demand, with 151.0 acting as the big liquidity magnet.
Daily Structure:
We’ve been stuck in a wide consolidation range between 146.0 support and 150.9 resistance. Market keeps faking both sides, but bulls are slowly regaining control.
4H Structure:
Recent fake breakout/manipulation flushed stops before shifting bullish.
Imbalances (Daily + Weekly) got filled on the push up.
Price is now respecting the bullish structure, eyeing a move higher.
Buy Zone 1 (Preferred): 146.7 – 147.0
Buy Zone 2 (Needs confirmation): 146.1 – 146.2
Upside liquidity target sits around 150.9 – 151.0 BSL.
🔍 Outlook
Short-term: Pullback into demand zones.
Mid-term: Bullish continuation → eyes on 150.9 – 151.0.
Bias : Short-term retrace → Mid-term bullish.
Elliott Wave ABCDE analysis 4H chart for BTCUSD September 20For educational purposes only.
From the chart it is seen A,B,C,D,E a BARRIER outer line flat squeezing upper momentum the next would be a breakout up towards 117500-118500 area where there might be a selloff again, the support area is around 114500. Since the dollar is weak and rate might decrease it is a good time to buy. I doubt there would be more dips below 114500 for major 113000 support area, I would simply increase investments there. Targets are 120500 by end of September more likely to occur.
NZDCAD – Wave Analysis OutlookNZDCAD has recently completed a complex corrective structure and rebounded strongly from the 0.8070 region, signaling the possibility of a developing base.
According to wave analysis, the pair may continue unfolding higher, with projections toward the 0.83 – 0.84 zone, and potentially extending into the 0.85 – 0.86 handle in the coming phases.
At this stage, the key focus is on whether price consolidates around the current level. Such a pause would provide a potential platform for the next upward leg within the broader corrective sequence.
👉 I’ll be watching for buy setups if price consolidates at the current level.
⚠️ Disclaimer: This outlook is based on my personal wave analysis and shared for educational purposes only. It is not financial advice.
Is this the right time to buy Garden Reach Shipbuilders ?YouTube is filled with buying opinions due to our Government's push towards SHIPBUILDING.
You will find the opinions of both experienced and newbies alike.
Whatever...
I see the opposite, the last up move doesn't look like an impulse. Most likely it looks like X-wave of double corrective structure WXY as Cycle Wave IV.
If you are practicing Elliott Wave concepts, then you are going to find one very important guideline my wave count is following. I have already marked so that you can use it as a hint.
I will be glad if you figure out and comment about it.
I will be interested to invest for a huge upside if the price falls down towards 800-950 zone.
Will be updating the target for Cycle Wave V once this Wave IV correction ends.
This is not a buy or sell recommendation.
Already shared similar view on Cochin Shipyard earlier.
Do your own due diligence before taking any action.
Peace!!
Correction for gold is almost finishedHi traders,
Last week gold went a little more up. Then it started the bigger correction down (orange wave 4). I don't think the correction has finished.
So next week we could see some more downside to finish the correction, but after that this pair could go up again.
Let's see what price does and react.
Trade idea: Wait for the correction down to finish and the next impulsive wave up. After a small correction down on a lower timeframe and a change in orderflow to bullish you could trade longs again.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
EU started the dropHi traders,
Look at my EU outlook of last week and where price is now. I don't know any other outlook that is this accurate.
It looks like the ending diagonal (wave 5) has finished and this pair started the drop.
So next week we could see a (corrective) upmove and more downside.
Let's see what the market does and react.
Trade idea: Wait for the finish of a correction up and a change in orderflow to bearish on a lower time frame to trade shorts.
If you want to learn more about trading with FVG's, liquidity sweeps and Elliott wavecount and patterns, then make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
BITCOIN → Manipulation, long squeeze before growth BINANCE:BTCUSDT is in a global bullish trend. The fundamental background, following the start of interest rate cuts, is taking a positive turn, but instead of growth, the market is consolidating...
Bitcoin is showing resilience, trading within the specified trading range (above 114K) amid the Fed's policy easing. For three weeks in a row, growth has been supported by dovish signals from the central bank and growing institutional demand.
Key drivers: The Fed's 25 bps rate cut and forecasts of further easing (to 3.6% by the end of 2025) have strengthened the fundamental backdrop in the cryptocurrency market. Corporate and ETF purchases continue to fuel the bullish trend. Low rates reduce the attractiveness of bonds and increase interest in Bitcoin.
Technically, the market, influenced by manipulation rather than growth, continues to accumulate potential before growth.
Resistance levels: 117860,
Support levels: 114600, 113300
The market is forming an uptrend, with a bullish trend line appearing on the chart. However, as part of consolidation, Bitcoin is under pressure from bears and is moving into a correction phase from 117900. I expect that MM may form a long squeeze in the liquidity zone. That is, a false breakdown of the consolidation support and trend at the same time, and only then return to an upward movement.
Best regards, R. Linda!
NIFTY50.....Impulsive vs corrective? The facts!Hello Traders,
the NIFTY50 closed the week with a gain of213 points or 0.85%!
So the structure of the waves has become more clear as it has been in previous weeks.
I have switched my count from corrective to impulsive, and with the "tailwind" of the rate cut by the FED, the market will become clearer for the coming weeks.
Chart analysis:
Probably a wave (iii), orange, has ended and a wave 4 of the same degree should start soon. One price target is around the blue rectangle at 25122–24990 points. A wide range, but that's the fact. I expect a possible wave (iv), orange, to end above the higher range and reverse and start a wave (iv), orange to end a wave (iii), green.
For now, the structure looks like a "three-up", but I have counted the movements as a double waves 1-2. This means, one of these wave is about to extend the range. A new ATH is possible, but not guaranteed.
To the downside, there is a potential to drop to the second blue rectangle, ranging from 24473-24348. Between both two ranges, there is no "meat, no fish" as the Germans said!
To speak in general: A rise above the 25670 area has the potential to create a new ATH, a drop to 23450 area has the potential to crash the downside. A decline to or around the 23900 area is possible.
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
Bitcoin - New rising wedge, you must see! 127k, then drop to 85kI am the first human on the internet to share with you this rising wedge pattern that is currently forming on Bitcoin. As you know, rising wedges are in general bearish patterns, so you can expect a pretty strong downtrend after this pattern is formed. But right now Bitcoin is strong, and I expect a new all-time high in the following weeks.
I know that there are many moon boys in the comment section calling for 300k, 500k, or even 1 million USD per bitcoin until the end of the year or 2026, but this is completely impossible. A much higher chance than that would be that the artificial moon explodes or ugly satanic Saturn explodes. So you can imagine that.
From a technical point of view, the falling wedge is somewhere in the middle of its formation; we don't know when it will end, but I expect this pattern to end sometime in the second half of Q4 2025. My Elliott Wave count suggests that we are in the final Wave (5)(5)(5), which is a pretty rare situation; it happens really only once every few years.
I think the ultimate top on Bitcoin could be around 127,000 USD for this bullish cycle, and I am pretty realistic here. If this falling wedge pattern breaks to the downside, there really isn't any strong support until 85k that can prevent Bitcoin from further falling.
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!
Buyback Fuelled Rally | Can PUMP Push Another +20%?Hey everyone, today I want to dive into a project that’s been making a lot of noise — Pump fun and its token PUMP ( BINANCE:PUMPUSDT ). In the past three days, the price has jumped over +40% — is this just hype, or does it have staying power?
Let’s look into what’s driving this surge, where the risks lie, and whether there's still room to ride the wave…
Reasons behind PUMP’s recent +40% rally:
Massive Buybacks : Over $90M worth of PUMP tokens repurchased, reducing circulating supply.
Strong Revenue Growth : Daily platform revenue hit ~$3.1M, driven by rising user activity.
Live Streaming Relaunch : Attracted creators and audiences, competing with Kick & Rumble.
Exchange Listings : Wider market access and stronger liquidity.
Hype & Media Attention : Growing community engagement and whale activity boosted sentiment.
Key Risks to Watch :
Profit-Taking Pressure : Sharp corrections if hype cools down.
High Volatility : As with most memecoins, sudden swings are common.
Regulatory Uncertainty : Potential future restrictions on token-creation platforms.
Competition : Rival platforms could erode Pump fun’s growth momentum.
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Now let's take a look at the PUMP token chart on the 4-hour time frame .
The PUMP token is currently moving inside a descending channel , near a set of Support lines and Potential Reversal Zone(PRZ) .
In terms of classical technical analysis theory, it seems that the PUMP token has the potential to form a Bullish Flag pattern .
In terms of Elliott Wave theory , it seems that the PUMP token is completing microwave 4 of the main wave 5 . The structure of microwave 4 could follow a Double Three Correction(WXY) .
I expect the PUMP token to start rising after entering the Potential Reversal Zone(PRZ) and approaching the Support lines and increase to at least $0.00876(First Target/+20%) .
Second Target: $0.00932
Cumulative Long Liquidation Leverage: $0.00749-$0.00716
Cumulative Short Liquidation Leverage: $0.010-$0.00876
Note: Stop Loss(SL): $0.006770(Worst)
Please respect each other's ideas and express them politely if you agree or disagree.
Pump fun Analyze (PUMPUSDT), 4-hour 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.
GOLD → Retest of resistance at 3660. What could happen?FX:XAUUSD is testing resistance to correction after breaking the local market structure from bearish to bullish. A breakout of 3660 could give buyers a chance...
A 25 bp rate cut to 4.25% was expected, but the forecast for further cuts came as a surprise: now two cuts before the end of 2025 (instead of one) and one in 2026.
The reason for the shift: fears of a slowdown in the labor market outweighed the risks from inflation (2.9% in August).
The dollar continues its countertrend correction (rebound) after Powell's speech and economic news. This temporary phenomenon may soon end. Gold, after a manipulative phase, may return to an upward movement if the price breaks 3660 and consolidates above this level.
The Fed preferred to support employment, risking accelerating inflation. In the long term, this will support risk assets and commodities, but in the short term, the markets have taken a pause.
Resistance levels: 3360, 3675, 3688
Support levels: 3643, 3631
Gold is not updating local lows, a cascade bottom is forming and the local bearish structure is breaking down. If the market manages to overcome the resistance of the correction, a bullish impulse may form!
Best regards, R. Linda!
GBPUSD | BoE Signals Exhaustion in Sterling RallyLast week we posted a bullish idea on Cable. That view has now played out, and we believe GBPUSD looks exhausted. The technical picture suggests another leg lower is forming — potentially completing a double zigzag structure.
The latest Bank of England meeting gave markets little reason to extend the pound’s rally. The BoE held rates steady at 4%, but the tone was far from constructive. While two members pushed for a cut, the majority stressed lingering inflation pressures, especially in services and food. This cautious stance effectively keeps policy restrictive, limiting the scope for GBP strength.
At the same time, the central bank slowed the pace of its quantitative tightening programme, reducing annual gilt sales from £100bn to £70bn, and scaling back long-dated bond disposals. This was read as a signal of unease around market functioning. In practice, it tilts expectations towards a softer BoE down the line — a backdrop that does not support sustained GBP demand.
On the technical side, Cable has broken lower from its ascending channel, with RSI showing room to extend further down. Momentum is shifting away from the bullish camp, and price action is now leaning towards a downside continuation.
Scenarios:
If the break below the ascending channel holds, momentum could carry GBPUSD toward the 1.3100 area.
If buyers reclaim the channel, short-term relief is possible, but the macro backdrop still caps upside.
Takeaway: The BoE’s cautious tone and slower QT reinforce the case that GBPUSD upside is exhausted. Watch the channel break — it’s the key inflection for the next leg lower.
CADCHF Elliott Wave AnalysisHello friends
We are witnessing the formation of a complete Elliott wave pattern on the CADCHF chart. These waves from 1 to 5 are quite distinct and you can even count their subwaves (especially the microwaves of the main wave 5).
Now wave 5 is completing and moving inside a descending channel. The microwaves of wave 5 have already been completed. But after the completion of wave 5, with the breakdown of the trend line drawn above and a return to it, we can expect the price to grow to the specified support.
The first resistance is 0.60500 and the second target is 0.6200.
Of course, the price increase in wave 5 is always accompanied by divergence and a decrease in the slope of the chart, as you can see, the slope of wave 5 is much less than wave 3, and the divergence occurred between the main waves 5 and 3.
Good luck and be profitable.
EUR CAD Elliott Wave Analysis Hello friends
We are witnessing the formation of a complete Elliott wave pattern on the EURCAD chart.
These waves from 1 to 5 are quite distinct and you can even count their subwaves (especially the microwaves of the main wave 5).
Now wave 5 is completing and moving inside an ascending channel. The microwaves of wave 5 have already been completed.
But after the completion of wave 5, with the breakdown of the trend line drawn below and a return to it, we can expect the price to fall to the specified support.
The first support is 1.57600 and the second target is 1.51000. Of course, the price decline in wave 5 is always accompanied by divergence and a decrease in the slope of the chart, as you can see, the slope of wave 5 is much less than wave 3 and the divergence occurred between the main waves 5 and 3.
Good luck and be profitable.
SOLUSDT → Correction amid a strong bullish trend BINANCE:SOLUSDT , after updating its next high, formed a false breakout of local resistance and returned to the trading range as part of a correction. What to expect from altcoin?
The main driver of the crypto market, Bitcoin, is consolidating above 115K and facing fairly strong resistance at 117400. Earlier, the price completed a downward correction. The market is dominated by a positive technical and fundamental background.
SOL looks stronger than Bitcoin and is testing new highs...
The price of SOLANA is forming a false breakout of resistance and is entering a correction phase amid a bullish trend. As part of the correction, the price may test the local imbalance zone and the key liquidity level of 242.5.
Resistance levels: 244, 249.2, 253.5
Support levels: 242.5, 239, 231.5
Technically, the price may form a false breakdown of the nearest zone of interest at 242.5, and if the bulls manage to keep the price above the resistance zone of 242.5-244.0 after this maneuver, the coin may return to an upward movement. However, if this does not happen, I would wait for a retest of the 239.0 zone, where the trend support line is located. The medium- and long-term outlook for SOL is positive, and the price is highly likely to test the ATH 295.0.
Best regards, R. Linda!
Understanding Elliott Wave Analysis: A Daily Outlook ExampleHello Friends, Welcome to RK_Chaarts!
Today we're going to explore Elliott Wave Analysis using a daily outlook example of Lloyds Enterprises Ltd Chart. Please note that this is for educational purposes only.
Important Disclaimer:
- This analysis is not trading advice.
- I am not a SEBI-registered analyst.
- Please consult your financial advisor before trading or investing.
Understanding Elliott Wave Analysis
In this educational guide, we'll walk through a daily outlook analysis using Elliott Wave theory. Our goal is to identify potential price movements and understand the underlying wave structure.
Current Market Analysis
We are currently analyzing a daily chart, and our analysis suggests:
- We have completed wave (4) of Intermediate degree (blue).
- We assume an upside movement will unfold, forming wave (5) of Intermediate degree (blue).
- This wave (5) has the potential to reach new all-time highs near 90-92+.
Risk-Reward Ratio
Our analysis indicates a very decent risk-reward ratio. This means that the potential upside movement is substantial compared to the potential downside risk.
Trade Setup
To validate our trade setup, we are watching for a break above the upper trendline. Once this break occurs, we can consider using the invalidation level marked at the last swing low of 67.
Key Takeaways:
1. Elliott Wave Structure: Understand the current wave structure, including the completed wave (4) and the anticipated wave (5).
2. Potential Price Movement: Recognize the potential for wave (5) to reach new all-time highs.
3. Risk-Reward Ratio: Acknowledge the decent risk-reward ratio, which supports the trade setup.
4. Trade Validation: Wait for a break above the upper trendline to validate the trade setup.
By applying Elliott Wave analysis and understanding the underlying wave structure, traders can make more informed decisions and identify potential trading opportunities.
Remember:
Most investors treat trading as a hobby because they have a full-time job doing something else. However, if you treat trading like a business, it will pay you like a business. If you treat it like a hobby, hobbies don't pay, they cost you!
Hope this post is helpful to the community!
Thanks,
RK
Disclaimer and Risk Warning:
The analysis and discussion provided on in.tradingview.com are intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser, and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So please consult your financial advisor before trading or investing.
Gold Prep for $5,000 -- Q1 2026Based on Gold's macro Elliott Wave structure, the pending new all-time high near $5,000 is likely to unleash the most magnificently tremendous episode of bear power ever witnessed in Gold's history.
The elders, boomers, OGs, etc. are likely preparing to migrate to crypto. I believe this is the quiet part that institutions and media is not saying out loud. Then again, this idea of a catalyst is totally speculation.
The chart is more of a science.






















