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Elliotwaveanalysis

BULLISH CRAB PATTERN ON NFEI’ve charted this ticker before and the setup didn’t play out, but this time the structure looks a lot more convincing. We’re at a point where the stock is likely gearing up for a major move — either a full breakdown or a sharp upside reversal. From a risk-management standpoint, a small allocation (e.g., ~1% of a diversified portfolio) could make sense for those who understand the volatility, but that’s strictly a general observation, not advice. The good news: price action looks like it’s forming a potential bottom. On the log chart, I’m seeing a possible crab harmonic completion lining up with the end of a Wave C, backed by weekly MACD divergence. I’ve outlined the levels I’m watching — entry zone, stop-loss region, and upside targets — strictly as charting reference points. Not financial advice — just sharing the setup as I see it on the charts.
NASDAQ:NFELong
by FreedomBuilder
Johnson & Johnson: Extended Wave 3 Nearing Completion, Watching Johnson & Johnson is showing a very nice recovery with clear impulsive price action since breaking out of the downward channel back in July. The structure suggests an ongoing trend with an extended black wave three that now has five waves up as expected, after a nice fourth wave retracement to 186 in last few weeks. So if we are correct then market is now in late stage of an extended wave 3 which could be coming to an end somewhere around 200 level; near the channel resistance. That said, be aware of a new higher degree reversal going into end of this year. However, once we see next retracement, interesting support can once again be at 186-180 region. Highlights: Trend: Bullish (fifth wave within ongoing wave three) Support: 186,180 Resistance: 200–208 Invalidation: 169 Note: Favoring continuation higher after a pullback toward support
NYSE:JNJ
by ew-forecast
USDJPY Still Awaits the Next CatalystThe Japanese Yen (JPY) struggled to attract buyers and languished near a nine-month low against the US Dollar (USD). Despite some downside risks (from Japanese intervention), the JPY remained weak due to dovish signals from the Japanese government. -------------------------------------------------------------------------------- ## JPY Weakening (Driving USD/JPY Up) - PM Takaichi's Signal: Prime Minister Sanae Takaichi expressed the government's preference for keeping interest rates low and called for close coordination with the Bank of Japan (BoJ). - Impact: These comments cooled market expectations for an upcoming BoJ interest rate hike, a key factor behind the JPY's underperformance. ## Limits to USD/JPY Upside - BoJ Hike Expectations: Despite the weakening, traders still see a 24% chance of a BoJ rate hike in December and a 46% chance in January. - Intervention Warning: The recent decline in the JPY prompted Japan's Finance Minister and Economy Minister to issue warnings about currency movements, fueling concerns about intervention. - USD Weakens: The US dollar (USD) is languishing near a two-week low amid economic concerns (post-shutdown), which could help limit USD/JPY gains. - Risk-off sentiment: A surge in risk-off sentiment could support the JPY as a safe-haven currency. -------------------------------------------------------------------------------- ## Bullish Scenario - Upside Trigger: This week's breakout through the 154.45-154.50 horizontal resistance is seen as a key trigger. - Next Target: Spot prices may rise to the 155.60-155.65 intermediate resistance and eventually aim to reclaim the 156.00 round number. - Warning: Repeated failures above the psychological 155.00 level warrant caution before taking aggressive bullish positions. ## Bearish Scenario - Buying Opportunity: Any further weakness should be viewed as a buying opportunity and is expected to find support near 154.00. - Pivot Point: A convincing break below $154.00 could drag USD/JPY to the 153.60-153.50 region and the 153.00 round number. The 153.00 level should act as a key pivot point. - Bias Reversal: A break below 153.00 could shift the bias to bearish and open the way to the 152.15-152.10 area.
by NouzTrader
Hellena | EUR/USD (4H): LONG to the resistanse area 1.16296.Colleagues, the rather complicated correction suggests that the upward movement is gradually slowing down and I think that we will see a rather confident move towards the 1.16296 area. The difficulty is that on higher timeframes we are dealing with a ending diagonal, and these are quite complicated figures to analyze. Nevertheless, I think that there is a probability of reaching the support area of 1.14647 before the upward movement. Fundamental context The U.S. dollar is under pressure: weak economic data and expectations of monetary easing are reducing its appeal as a safe-haven asset. The euro is receiving moderate support amid relative stability in the eurozone economy and investor interest in non-dollar assets. These conditions set the stage for a resumption of the EUR/USD pair’s upward move. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
5
$TZA: BULLISH PATTERNS AMEX:TZA : This chart is quite interesting. Starting point: The MACD indicates a buy signal, and the 14-period RSI is at 60 (though not shown). Therefore, everything considered, the trend appears to be bullish. I can identify two possible patterns: 1) Since the low on October 27, AMEX:TZA is unfolding a Zigzag (ABC) pattern. The 1x1 extension for the wave (C) at 9.22. Additionally, a double bottom pattern is present with a target of 9.45. 2) AMEX:TZA has formed an inverse head and shoulders (IHS) pattern with a target at 10.52. It’s worth noting that the right shoulder may be somewhat indistinct. In any case, we will see how the price develops.
AMEX:TZALong
by OLIV2020
Strategy: Downward Pressure Intensifies Strategy has continued to develop downward pressure as anticipated since our last update, bringing it closer to the targeted low of the turquoise wave 2. Our alternative—and now grayed-out—Target Zone has been breached to the downside, allowing us to remove the alternative scenario of a premature breakout to the upside. Investors who speculated on this alternative and entered within the alternative Target Zone with a stop 1% below the lower edge have likely been stopped out by now. For now, we are still allowing some room for turquoise wave 2 to move lower; however, it should find its bottom above the support at $102.40 to set the stage for wave 3 to advance further above the resistance at $674.18.
NASDAQ:MSTRShort
by HKCM_Global
1
USDJPY | Prices Starting to Exhaust and Potential to DeclineMarket Structure Overview The current price is around 154.58 – 154.60. Overall, USDJPY has remained in a major uptrend (bullish) since early October 2025. However, the current price pattern is showing signs of trend exhaustion in the upper area of ​​the channel—approaching the supply zone of 155.00 – 155.50. The RSI is starting to decline from the overbought area, while the momentum histogram also shows weak divergence (weakening upward momentum). ✅ Elliott Wave Structure (H4) From the swing structure visible on the chart, the Elliott Wave pattern can be identified as follows: ✅ Elliott Wave Count: - Wave (1): Initial rise from 149.00 → 151.50 - Wave (2): Correction to 150.40 - Wave (3): Strong impulse up to 154.00 - Wave (4): Mild correction to 152.00 – 152.20 - Wave (5): Final rally towards the 155.00 area (currently forming) This means the price is at the end of the impulse phase (Wave 5) — which is usually followed by a major correction (ABC Correction). ✅ Technical Patterns and Confirmation Technical Patterns Formed: - A rising wedge pattern (a tapering upward pattern) is clearly visible at the end of the trend. - A wedge like this often signals a distribution or reversal pattern at the end of an impulse wave (wave 5). - The upper area of ​​the wedge and the supply zone of 155.00 – 155.50 have the potential to become a strong reversal zone. 📊 Confirmation Indicators: - RSI: forming a bearish divergence — higher price high, lower RSI high. - Momentum Histogram: starting to shrink, indicating weakening bullish momentum. - This supports the possibility that Wave 5 is nearing completion. ✅ Projected Movement Direction 📉 Main Scenario (Reversal / Downward Correction) After Wave 5 completes around 155.00 – 155.50, the price has the potential to reverse downwards, forming a large ABC correction (the beginning of Wave A). Initial correction targets: - Target 1: 154.00 (minor support & lower wedge) - Target 2: 153.00 - Target 3 (extension): 151.50 – 152.00 If the price breaks through wedge support (BOS downwards), it confirms the Wave A correction has begun. 📈 Alternative Scenario (Continued Breakout) If the price breaks strongly above 155.50 with high volume, it indicates the Wave 5 extension is continuing. Continued targets: 156.00 – 156.50, before a major correction begins. However, this opportunity is smaller, due to numerous signs of exhaustion in the upper area. -------------------------------------------------------------------------------------------------------- ✅Short-Term Position (Potential Reversal) - Sell Entry: 155.00 – 155.40 (supply zone & upper wedge area) - Stop Loss: 155.80 (above wedge + structure invalidation) - Take Profit 1: 154.00 - Take Profit 2: 153.00 🎯 RR ratio around 1:3 Entry confirmation: emergence of a bearish engulfing/minor downward BOS on H1–H4. ------------------------------------------------------------------------------------------------------- ✅Long-Term Position (Buy the Dip) If the Wave A–B–C correction completes below (around 151.50 – 152.00), then a new potential Wave (1) of the major uptrend (the next cycle) could begin. - Buy Entry: 151.50 – 152.00 (strong demand zone) - Stop Loss: 150.40 - Take Profit: 155.00 – 156.00 🎯 RR around 1:4 – long-term accumulation position
Short
by NouzTrader
Hellena | GOLD (4H): LONG to resistance area 4219.Colleagues, I am not abandoning the idea that the upward movement is not over yet. It seems that the correction in wave “4” is very long and I think that it may continue to the support area 3807 and there is an important nuance - it is quite difficult to label all this movement as wave “C”, because it contradicts some rules of wave construction, but there are exceptions and I tend to interpret the downward movement in this way. There is one more option, which does not contradict the rules and it is a “shortened wave ”5" at 4377, and then (ABC) looks more adequate, but I will not display this option. In both cases, I expect a resumption of the move to at least the 4219 area. Fundamental context Against the current macro backdrop, gold remains well-supported: the U.S. dollar is under pressure, and bond yields continue to decline after recent weaker economic data. This environment sustains demand for safe-haven assets. Short-term pullbacks and profit-taking after record highs appear natural — overall interest in gold stays strong, particularly amid expectations of further Fed policy easing. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
10
S&P500: Slightly higherS&P 500 futures edged slightly higher in yesterday’s session. The index appears to remain within the upward trajectory of magenta wave (5), which is expected to continue pushing higher. Once this wave reaches its peak, the larger blue wave (III) should also complete. Afterward, we anticipate a corrective phase in the form of magenta wave (A), which could put renewed pressure on the index. However, if prices reverse course and fall below the support level at 6,371, our alternative scenario will come into play. In that case, alternative wave alt.(4) would likely extend further downward, targeting a low within the corresponding alternative zone between 6,055 and 5,822 points (probability: 30%).
CME_MINI:ES1!Long
by HKCM_Global
1
Gold (XAUUSD) 4h: Expanding Flat Resistance at 50% FibCurrent price action lines up with the expanding flat (A-B-C) scenario, and we've just tagged the 50% Fibonacci retracement from the prior swing high. The B wave spike confirmed by structure now faces resistance right at this key level. RSI remains in overbought territory (above 76), giving extra weight to the idea of a local top forming. Key points: Structure: Expanding flat (A-B-C), with recent leg up overshooting wave A. Levels: Price currently at the 50% Fibonacci (4,194 zone), upper resistance. Next steps: Looking for signs of reversal—lower timeframe rejection, bearish pattern, or a strong close below 4,180 for confirmation. Targets: If reversal holds, initial C-leg targets sit at 3799.91 for equal leg. Still waiting for hard confirmation, but the context and confluence heavily favour a top and a possible sell setup brewing. #XAUUSD #Gold #ElliottWave #TechnicalAnalysis
ICMARKETS:XAUUSDShort
by EWaveInsights
$SPX: DIP BUYNG IS THE RULE FOR NOW The strategy of buying on dips has proven effective once again, underscoring the current strength of the market. The 10- and 20-day moving averages are no longer relevant as support or resistance levels; instead, their slopes indicate the short-term trend. We will focus on the 20-day simple moving average (SMA), which remains in a positive slope. The key moving average for maintaining the upward trend is the 50-day SMA. The S&P 500 has easily recovered above the 0.618 Fibonacci retracement level and is just 73 points away from its all-time high; it appears quite feasible to set a new record. However, there is a slight concern regarding the technology sector, which seems to be carrying more weight in the market. If the end of the shutdown is indeed approaching, the uncertainty will likely conclude with the release of economic data. Therefore, given this display of market strength, a wait-and-see approach may develop, which could lead to sideways trading—a situation that could be quite frustrating.
TVC:SPX
by OLIV2020