Get started

Elliott Wave

Bitcoin at the Top of Wedge – Bearish Reversal Coming Again?As I expected in yesterday’s idea , Bitcoin dropped to the $107,800 level, hitting its target . In the last few hours, BTC started to pump again and is now trading near a cluster of resistances : the 100_SMA(Daily) , the 50_SMA(Daily) , and Cumulative Short Liquidation($117,517-$116,020) . This creates a strong resistance , and I don’t think Bitcoin will easily break through it. ( As of the time of writing, there’s no fresh news influencing the market .) From an Elliott Wave perspective, it looks like Bitcoin is forming a Triple Three Correction(WXYXZ ). On the Classical Technical side, Bitcoin is at the top of an ascending broadening wedge pattern , which is a reversal pattern . There’s also a Regular Bearish Divergence (RD-) between the two peaks in this pattern. I expect that in the coming hours, Bitcoin will start to drop again. After breaking the important $111,000 level , it could fall at least to the lower line of the ascending broadening wedge . Note: In these past few days, the Bitcoin and crypto market have been quite volatile and driven by news, especially related to US-China tensions. So always manage your risk carefully and avoid impulsive decisions based on sudden headlines. New CME Gap: $107,690-$107,220 Cumulative Long Liquidation: $107,105-$104,297 Cumulative Short Liquidation: $115,241-$113,454 Stop Loss(SL): $116,200 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 1-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.
Short
by pejman_zwin
21
MemeCore – Ready to Burst HigherMEXC:MUSDT consolidated throughout October, dipping into the buying zone and now holding above the key support at $1.52. As long as this level remains intact, the setup favors a resumption of the rally toward new highs, with bullish momentum building beneath the surface. 🚀 Next advance will be toward the $3.33–$3.90 zone, which could mark the completion of wave 5 in the current bullish sequence. Once this impulsive leg wraps up, expect a larger degree correction to follow, offering potential re-entry opportunities for trend traders.
by AlienOvichO
Double Top Confirmed! Is Gold About to Fall Deeper?As expected from my previous idea , Gold touched its target of $4,183 ( the double top pattern’s target(Small) ). Before reaching that target, it had some ups and downs over the past few days, mainly due to the ongoing US-China tensions . Gold is trading near a Support zone($4,193 – $4,156) . From a classical technical analysis perspective, it’s forming a clear double top pattern on the 1-hour timeframe . There’s also a regular bearish divergence (RD-) visible between the two peaks of the double top. From an Elliott Wave theory standpoint, it looks like Gold has started its corrective wave. If the Support zone($4,193 – $4,156) and the double top pattern’s neckline break , we can expect further downside . I expect that after breaking the Support zone($4,193 – $4,156) and the neckline , Gold could drop at least to around $4,083(First Target) . Second Target: $4,057 Stop Loss(SL): $4,385(Worst) Note: Keep in mind that given the ongoing US-China tensions, any news could invalidate this analysis. So it’s more important than ever to manage your risk carefully these days. Please respect each other's ideas and express them politely if you agree or disagree. Gold Analyze (XAUUSD), 1-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; 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.
OANDA:XAUUSDShort
by pejman_zwin
18
EURUSD, technical analysis 1WHellou traders, We bring you an important technical analysis of the EURUSD currency pair. The value of this asset reached the key level of 1.19, where was a significant reaction. According to Elliott waves, we can see that the abc structure is complete, absolutely perfectly 1:1 = A:C. The RSI indicator also indicates a bearish divergence. The downtrend in the long term also persists. Liquidity was taken. One unclear fact in the chart is still unfilled price GAP - we must be careful and cannot just ignore it, it is theoretically possible that the price will come through it. The conclusion is that the chart shows all the parameters leading to a downtrend. What do you think about it? We will gradually bring you more current analyses from other charts and time frames. So don't forget to follow us! Thanks WavePulse
Short
by WavePulse
1
Dow Jones Testing 46,760 – Bounce or Breakdown Ahead?Hey Traders, in today’s trading session we’re closely monitoring US30 for a buying opportunity around the 46,760 zone. The Dow Jones remains in a broader uptrend and is currently undergoing a correction phase, approaching a key support and resistance confluence at 46,760. Market Structure: The index continues to print higher highs and higher lows, confirming bullish market structure. The current retracement could offer a potential continuation setup if buyers regain control near this level. Key Level: 46,760 — an important technical zone where trendline support meets horizontal structure, providing a potential reaction point for bulls. Outlook: If buying pressure emerges from this area, a move toward 47,400–47,600 could be on the table in the coming sessions. 💬 What’s your take on US30 here? Do you see a bounce from support or a deeper pullback coming? Share your view in the comments! Trade safe, Joe.
CAPITALCOM:US30Long
by JoeChampion
7
Bitcoin Long: Trying to Primary Wave 3 of Cycle Wave 5Take note that I am using logarithmic chart here. What I believe is that Bitcoin has completed a primary wave 2 of cycle wave 5 and thus we could be going into a very strong primary wave 3 of cycle wave 5. The stop loss will be at the below primary wave 2, or around $103,400, but take note that there could be lack of liquidity then, so my preference will be above it, around $104,300. I argue that primary wave 3 could be an extremely strong wave because the B wave of primary wave 2 sets the all-time-high.
BINANCE:BTCUSDLong
by yuchaosng
After 290 Years of Continuous Ascension, Gold Bears DownI've been carefully watching the TVC:XAU / TVC:GOLD for about 4-5 years now. All while constantly improving upon my adoption of Elliott Wave Theory. Frequently Gold has kicked my butt and sent me back to the drawing board to reassess realities of its price action. Only allowing me to further extrapilate signals to better determine its structure and find the utmost confidence in what I am about to say. With its 290-year pump now reaching its all-time upside trend line and more importantly, completing the development of what seems to be a corrective wave (yes, 290 years of a corrective wave), I suspect that minimally Gold will drop to $627, perhaps by the early 2030s. Though pure speculation, for months I have believed that governments across the world are planning to sell gold and adopt cryptocurrencies in their chase for economic redemption. Let's see if the news will catch up. Or, maybe this is just a wild theory of mine -- but in either case, I wholeheartedly believe that exposure to Gold will be risky for the 5-20 years.
OANDA:XAUUSDShort
by DigitalSurfTrading
Gold Testing 4,210 Support as Bulls Eye Another Leg HigherHey Traders, in today’s session we’re keeping a close watch on XAUUSD for a potential buying opportunity around the 4,210 zone. Gold continues to trade within a broader uptrend, and the current pullback appears to be a healthy correction toward a key support and resistance confluence at 4,210. Market structure: Momentum remains bullish, with price forming higher highs and higher lows. The ongoing correction could provide a trend-continuation entry if buyers step in near support. Key level: 4,210 — a decisive zone where previous reactions have sparked renewed buying interest. Outlook: A sustained bid from this area could pave the way for another push toward 4,300 and beyond, keeping Gold aligned with its dominant bullish trajectory. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
9
Gold Double Top Forming – Correction Ahead?When an asset hits an All-Time High(ATH) , technical analysis can get a bit tricky because there’s no historical resistance above and the usual technical rules might have less impact. However, right now it seems like some technical principles are still visible on gold’s chart, at least on the 1-hour timeframe , and I’d like to share that with you. At the moment, Gold has broken below the lower line of its ascending channel, the Support zone($4,320 – $4,279) , and the neckline of a Double Top Pattern . This could indicate the start of a short-term correction. Given how strong gold’s momentum has been in recent weeks, this correction might not last too long since gold remains very attractive globally. From an Elliott Wave perspective , the formation of a double top pattern might signal the end of an impulsive wave and the beginning of a corrective phase . I expect that in the next few hours, Gold could at least drop to the Double Top Pattern’s target around $4,183 . If Gold breaks the Support zone($4,193 – $4,156) , we could see a deeper correction . Second target:$4,143 Stop Loss(SL): $4,385(Worst) Please respect each other's ideas and express them politely if you agree or disagree. Gold Analyze (XAUUSD), 1-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; 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.
OANDA:XAUUSDShort
by pejman_zwin
16
USDCHF | Tracking the U.S.–Swiss Yield DifferentialSince mid-October, USD/CHF has been edging higher as relative rate dynamics turn in favour of the dollar. The U.S. two-year yield has firmed, while Swiss short-term yields have softened amid slower growth and subdued inflation — widening the U.S.–Swiss 2Y yield differential. Technical Lens: On price action, USD/CHF is shaping a running triangle, with the latest rebound off point d aligning with a potential base near 0.7860–0.7900. Meanwhile, the yield-spread chart mirrors a similar triangular compression, highlighting how rate-spread momentum has been consolidating before a possible break. Scenarios: If yield spread breaks higher → USD/CHF may extend toward the upper boundary (~0.8040 zone). If spread rolls over → the pair could retest the lower line of the triangle (~0.7850 area). Catalysts: Upcoming U.S. PCE and GDP data will guide Fed-rate expectations; Switzerland’s inflation print and SNB commentary will shape the CHF side. Watch for any shift that narrows or widens the short-term yield gap. Takeaway: The U.S.–Swiss 2Y yield differential remains the core driver — widening spreads favour USD/CHF strength, while narrowing ones invite consolidation.
by Alchemy Markets
Short Term GBP/USD Analysis: Elliott Wave Construction in 15-minUpon evaluating the GBP/USD pair in the 15-min timeframe using Elliott Wave analysis, some intriguing patterns are coming to light. We observe that the price appears to be in a corrective phase, indicating a potential triangle may be forming. This leads us to believe we're experiencing the D Wave's unfolding, a standard feature in Elliott's corrective sequences. This projection suggests that the pair may retrace to the 1.331 - 1.329 range in the downward direction as the triangle takes shape. This zone bears particular significance due to its potential role as the base of this forecasted triangle. Once the triangle pattern is complete and D Wave reaches its anticipated level, we may expect an upward reversal in line with Triangle Corrections of Elliott Wave. This upward shift will possibly set off the E Wave's initiation. It's vital to not lose sight of the broader market temperament and other trading indicators, as they could provide confirming signals for the postulated price movements. As always, maintain an often revisit to your risk management plans in alignment with real-time market variations. (Disclaimer: Trading carries risk. All information is for educational purposes and should not be considered as investment advice. Always conduct your own analysis before executing trades.)
Short
by ayad2019omar
Inverse Head & Shoulders on Bitcoin – Breakout or Bull Trap?Right now, Bitcoin ( BINANCE:BTCUSDT ) is moving within its Heavy Support zone($111,980-$105,820) . Over the past couple of days, it tried twice to break this area but couldn’t. One big reason is that recently, there was news that Japan is considering allowing banks to invest in crypto . Also, yesterday, Trump confirmed he’ll meet with China’s president on October 31st , which the market took as a positive sign that US-China tensions might ease. Previously, the market dropped on news of potential tariffs, and now it’s reacting to the possible easing of those tensions. In the last 24-48 hours , Bitcoin has formed an inverse head and shoulders pattern , which could signal a short-term bullish reversal. However, there are still important resistance levels and cumulative short liquidation areas overhead. We need to see if Bitcoin can break through those. From an Elliott Wave perspective, Bitcoin still seems to be in a corrective structure, and until it gets above around $116,000 , there’s still a risk of further downside. So we shouldn’t get too excited about the recent 48-hour bounce. In short, I expect Bitcoin might push up to those Resistance lines , the Resistance zone($114,300-$113,000) , and Cumulative Short Liquidation($115,241-$113,454) , thanks to the inverse head and shoulders, but it could face resistance there and possibly drop again. Note: It seems that we may see an increase in Bitcoin with the opening of the US market, but because the SPX500 index( SP:SPX ) is in a correction situation, we can expect Bitcoin to fall again. Note: Crypto market conditions depend on many parameters these days, and be sure to observe capital management. New CME Gap: $107,690-$107,220 Cumulative Long Liquidation: $107,000-$105,782 Cumulative Short Liquidation: $112,241-$111,398 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 1-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.
Short
by pejman_zwin
31
Bearish Outlook: Completion of Wave 5 Based on Elliott Wave and We're currently observing the end of Wave 3, based on Elliott Wave Principle, leading us to expect a downward shift towards Wave 5 completion. The bearish target is set at the 161.8% Fibonacci level, as measured from the height of Wave 3. Despite a seemingly clear path to a bearish scenario, it's essential to incorporate risk management strategies and keep an eye on other contributing market factors, adjusting trade positions as necessary. Trade wisely and remember that market indicators are guides, not guaranteed predictions. (Disclaimer: This analysis is intended for educational purposes; it's crucial to do your own research before making investment decisions.)
by ayad2019omar