Gold Elliott Wave Analysis โ Potential Wave (4) Completion ZoneGold (XAU/USD) on the daily chart appears to be completing a classic Elliott Wave 5-wave impulse structure. After a strong rally into the wave (3) high, price is currently retracing toward the projected wave (4) correction zone.
The highlighted support area aligns with key Fibonacci retracement levels:
0.5 retracement: around $3,845
0.618 retracement: around $3,718
This region also coincides with the lower boundary of the ascending channel, adding confluence for potential bullish reversal.
If wave (4) finds support within this zone and maintains structure, a new impulsive rally toward wave (5) could begin โ targeting the upper trendline resistance near $4,500โ$4,600.
Elliotwaveanalysis
XRP: Holds Firm Ripple (XRP) managed a modest rebound following last weekโs moderate sell-off. However, under our primary scenario, blue wave (iii) is expected to push prices lower once again, targeting a bottom above the turquoise long Target Zone between $1.03 and $0.38. After that, wave (iv) should prompt a corrective move to the upside before wave (v) completes the entire blue five-wave sequence within the turquoise zone, thereby concluding the larger turquoise wave B correction. Prices in this zone could present attractive long entry opportunities, as the ensuing wave C is likely to propel the altcoin above resistance at $4.09. At that level, the higher-degree magenta wave (Y) should also reach completion. If XRP breaks out directly above the $3.19 resistance, it will suggest that wave alt.B has already finished (with a 30% probability).
RELIANCE โ The MONSTER WAVE 3 Isnโt Over Yet!๐ Summary:
Reliance isnโt done yet โ the structure shows a powerful Wave 3 still unfolding with institutional strength behind it.
Expect a controlled Wave 4 retracement (โน800โโน500) before the next super rally โ Wave 5 toward โน10,000 (3.618%) .
๐ Elliott Wave count + SMC + Fundamentals all scream continuation!
Smart money is accumulating , not distributing โ this is the calm before the storm.
๐ฅ Wave 3 builds wealth. Wave 5 creates history.
๐ Elliott Wave Confluence:
The stock remains within Wave 3 , unfolding with strong impulsive momentum and clean internal sub-waves.
Wave 3 is expected to mature around the 2.618 extension (~โน2,875) , but structure still supports further upside before exhaustion.
A Wave 4 correction will likely retrace toward the 0.382โ0.5 Fib zone (โน800โโน500) , forming a deep yet healthy reset.
The grand finale โ Wave 5 โ targets the 3.618 Fibonacci extension (~โน10,000) , aligning with long-term macro growth and structural expansion. ๐
๐ฐ Smart Money Concept (SMC) Insight:
Institutional order flow remains bullishly displaced โ no evidence of full distribution yet.
Expect Wave 4 to be the โsmart money re-entry zone,โ with liquidity sweeps and accumulation before the final push.
Wave 5 could trigger the euphoric phase where late retail chases and institutions start scaling out at premium valuations. ๐ง ๐ต
๐ Price Action Perspective:
Trend remains structurally bullish โ higher highs and higher lows dominate.
A break above โน1,600โโน1,700 confirms Wave 3 continuation.
Once the market consolidates into Wave 4, watch for equal lows, demand absorption, and BOS confirmations to catch early Wave 5 entries.
Wave 5 is expected to be sharp, emotional, and momentum-driven โ classic of late-cycle impulsive waves. โ๏ธ๐
๐ Fundamental Confluence:
Relianceโs expansion across energy, telecom, AI, green tech, and retail supports this wave count perfectly.
The next decadeโs growth catalysts โ digital ecosystem scale-up, Jio financial inclusion, and renewables โ align with Wave 5โs โvaluation explosionโ narrative.
Fundamentals mirror Elliott psychology: Wave 3 = justified growth, Wave 4 = consolidation, Wave 5 = euphoria-driven expansion . ๐น๐
๐ฎ Expectations Ahead:
๐ Wave 3 Target: โน2,800โโน3,000 range (2.618 fib).
โ ๏ธ Wave 4 Retracement: โน800โโน500 (accumulation & re-entry zone).
๐ Wave 5 Target: โน10,000 (3.618 extension โ the ultimate cycle peak).
๐ Final Thought:
Reliance is still in the driverโs seat of its Wave 3.
Wave 4 will give patient bulls one final golden entry before Wave 5 โ the โน10,000 super cycle โ rewrites market history.
Traders & Analysts
"This might be the mega move of the decade โ and itโs happening right in front of us. ๐ฅ
Reliance (RELIANCEIND) is still charging through a powerful Wave 3, and thereโs plenty of air above before any major correction even begins. ๐
Our Elliott Wave models show Wave 3 has not peaked yet โ momentum, structure, and institutional flow all confirm that the current rally could still extend toward the โน2,800โโน3,000 zone before any Wave 4 cooldown.
But hereโs the big picture: after Wave 4โs healthy reset, the final Wave 5 explosion could drive prices to a massive โน10,000 target (3.618 extension) โ a potential super-cycle top years in the making. ๐
๐ Smart money isnโt exiting โ itโs riding Wave 3 and preparing for the ultimate Wave 5 payoff.
Timing this phase could define your decade in trading. โก
So, traders โ how far do you think Wave 3 can run before the big reset?
Drop your targets below ๐ and letโs see who rides this wave all the way to โน10,000! ๐ฐ๐โ
โ Team FIBCOS
#Reliance #ElliottWave #NSE #SmartMoney #PriceAction #WaveTheory #TechnicalAnalysis #TradingView #Investing #StockMarketIndia #RelianceIndustries #SwingTrading #LongTermInvesting #Wave3 #Wave5 #BullishIndia #ChartAnalysis #WealthBuilding #MarketStructure #Fibonacci #Wave4Accumulation
Dollar In Range-And It May Not Be Broken Soon...Stocks are pushing nicely to the upside after some optimism that a deal could be reached between the US and China regarding tariffs, as reported this weekend by Trump himself. Heโs clearly driving the market into a risk-on mode.
However, itโs interesting to see that the dollar is still going nowhere; the only FX market showing a more decisive move is the Aussie, which is naturally benefiting from this story.
Looking at the dollar index, no one knows where it wants to move but basic analysis in ranges is simple; "down from resistance, up from the support".
Keep in mind weโre still missing the latest US jobs data, so the outlook for further cuts remains uncertain, and that could keep the dollar moving sideways for now.
Have a nice trading week!
GH
Elliot Waves showing teji in CUMMINS INDIAWave Structure Overview โ Elliott Cycle Breakdown
This chart captures a full Elliott Wave impulse cycle (1โ5) followed by the anticipated corrective phase (aโbโc). It reflects market psychology in motionโfrom early optimism to trend exhaustion.
Wave Summary:
Wave (1): Initial breakout โ trend confirmation begins
Wave (2): Shallow pullback โ bullish continuation
Wave (3): Ends at 6500 โ strongest wave, broad participation
Wave (4): Corrects to 5000 โ healthy retracement, sets up final push
Wave (5): Ends at 8995 โ final rally, possible exhaustion or divergence
Wave aโbโc: Expected next โ corrective structure likely
Technical Insights
Wave 3 shows classic acceleration โ ideal for breakout teaching
Wave 4 respects Fibonacci zones โ great for entry logic
Wave 5 overshoots โ likely divergence, ideal for reversal training
Strategic Takeaways โ For Traders & Students
Impulse cycle (1โ5) is complete
Wave 5 has peaked at 8995 โ trend exhaustion likely
Whatโs Next Prepare for aโbโc corrective structure
Watch for: RSI divergence
Volume drop
Fibonacci retracement zones (38.2%โ61.8%)
โWave 5 has completed at 8995. Expect a corrective aโbโc structure. Avoid fresh longs. Ideal time to teach reversal setups, divergence spotting, and Fibonacci retracement logic.โ
Hellena | SPX500 (4H): LONG to resistance area of 6777.Price made a sharp and strong move to the 6503 level, making wave โ4โ quite large, but this move did not break the structure.
I think that now the price is in the big wave "5" and middle wave "2".
I think that there will be an upward movement with the purpose to renew the maximum of the wave "3" of higher order.
Therefore, I expect the price in the resistance area of 6777.
Fundamental context
After the sharp drop, the market quickly recovered โ investors are once again turning to risk assets amid growing expectations of upcoming Fed rate cuts.
Inflation data came out under control, and corporate earnings have been stronger than expected, boosting confidence in the U.S. economy.
With the dollar losing momentum and bond yields easing, the S&P 500 now has room to extend its move upward toward the resistance area near 6777.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Apple: New All-Time High as Low Is Adjusted Apple has recently seen a period of heightened volatility, marked by sharp gains and notable pullbacks. In response to the latest price action, weโve made a slight adjustment to our wave count and revised the low for magenta wave (4). Weโre now allowing for magenta wave (5) to break above the $260.10 resistance level, which would complete green wave . Our alternative scenario, which carries a 34% probability, still calls for a new corrective low in blue wave alt.(IV). In this case, Apple would have just finished beige wave alt.b slightly above $260.10 and would next decline in wave alt.c, falling below support at $212.94. Even so, the alternative corrective low would remain above the $168 level.
DAX/GER40, technical analysis 1DHello traders,
We bring you another important technical analysis on the DAX index.
We can see that according to Elliott Wave theory we have completed corrective ABC structure, also taken liquidity and started the bullish 12345 structure in smaller timeframe as u can see on the chart.
So the next outlook is that the value of the DAX index will increase.
But be careful!
It is necessary to respect the invalidation level in this case.
We also have to take into account the war in Ukraine, all of President Trump's statements, interest rates, and other stimuli that can change the market instantly!
WavePulse
Bitcoin - BTCUSDT โ Daily NeoWave AnalysisStructure: Contracting Triangle (ABCDE)
Current Price: $108,985 (+1.3%)
๐ง Wave Structure Overview
Bitcoinโs daily chart is forming a Contracting Triangle pattern under NeoWave principles (Glen Neely).
This triangle appears to be part of a wave (4) correction within a larger impulsive cycle, consisting of subwaves AโBโCโDโE with well-balanced price and time proportions.
๐น Wave Details
Wave A: Decline from 126K โ 104K
Type: Impulsive start, setting the corrective tone.
Wave B: Sharp recovery to 123K (โ78.6% retrace of A)
Type: Zigzag โ strong bullish response typical for triangles.
Wave C: Pullback to 106K, forming a 3-wave Flat correction.
Wave D: Rally to 118โ119K, reaching 70% of wave B โ perfectly proportional for a contracting structure.
Wave E: Final leg down toward 106Kโ107K, with diminishing momentum and volume โ a textbook NeoWave E-wave behavior signaling triangle completion.
๐ Technical Observations
Strong bullish divergence between price and RSI/OBV at the E-wave low.
Decreasing volume during wave E โ confirms a terminal corrective phase.
Price remains above the long-term rising trendline and key demand zone near 106K.
๐ข Primary Scenario (โ70% Probability)
Triangle completed at E-wave (106K) โ beginning of wave (5) to the upside.
Targets:
1๏ธโฃ 115Kโ118K โ short-term breakout zone
2๏ธโฃ 123Kโ126K โ retest of triangle resistance
3๏ธโฃ 138Kโ145K โ extended target if wave (5) unfolds impulsively
๐ด Alternative Scenario (โ30% Probability)
If BTC breaks below 106K, wave E may extend deeper toward 102Kโ100K, forming a Running Triangle E before a strong bullish reversal.
โ๏ธ Summary
โ
Current pattern: Contracting Triangle (ABCDE)
โ
Position: End of wave E of (4)
๐ Expectation: Start of wave (5) impulsive advance
โ ๏ธ Invalidation: Daily close below 102K
Conclusion:
BTC is likely completing a major corrective phase. Holding above 106K keeps the bullish breakout scenario valid โ watch for a decisive move above 111Kโ112K to confirm the next impulsive leg.
Hellena | GOLD (4H): LONG to 61.8% Fibo of 4265.Dear colleagues, in the new forecast the idea remains the same - the upward momentum (12345) is not yet complete.
At the moment I see the end of the formation of the corrective wave โ4โ at the level of 4000, as stated earlier, and the beginning of the upward movement in wave โ5โ.
I do not want to set distant targets, because their achievement may take time, so let's start small - the nearest target is the resistance area at 4265 - the area beyond the 61.8% level of wave โ4โ. I think that this is the nearest target that we should expect.
Fundamental context
Earlier this week, gold experienced a sharp pull-back after its recent record highs. Nothing to panic about โ itโs simply a technical correction: investors are taking profits after a rapid and extended rally. Key drivers like central bank buying and lower rate expectations remain intact, so the broader bullish story is still alive. In fact, this brief dip may offer a better entry point before the next leg up.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Netflix: Key Support Zone in sightNetflix shares have continued to decline since our last update. We have now provided additional detail on the ongoing turquoise wave 4, which is subdivided into a magenta three-part structure. Within this structure, wave is expected to push price further down into the turquoise Target Zone, between $962.77 and $845.22. The low point of the larger wave 4 is anticipated within this range. Only after reaching this level should wave 5 drive price back above the $1,341 mark. As such, the turquoise Target Zone presents long entry opportunities, which can be protected with a stop set 1% below the lower boundary of the zone. However, if price rises directly above the aforementioned resistance at $1,341, our alternative scenario would be triggered, and we would initially need to prepare for a higher wave alt.3 top (probability: 30%).
SAP SE โ Wave 3 Macro Rally in Progress๐ SAP SE โ Wave 3 Macro Rally in Progress | Fibonacci Targets & Institutional Accumulation in Play ๐ผ
๐
Timeframe : 3W (Macro Outlook)
๐ Current Price: 238.85
๐ฏ Wave 3 Target: ~1743 (2.618 Fibonacci Extension)
๐ Wave Structure & Elliott Theory
SAP SE appears to be mid-way through a major Elliott Wave cycle , where:
Wave 1 formed during the late 90s tech boom ๐
Wave 2 brought a deep correction post-2000 crash, respecting the 0.5 Fibonacci retracement
Wave 3 now underway, projected toward the 2.618 extension at ~1743 , suggesting a strong impulsive leg fueled by fundamentals and institutional accumulation
Wave 4 and 5 to come, but we are early in the Wave 3 journey โ historically the most powerful wave in terms of price growth and investor sentiment โก
๐ง Smart Money Concepts (SMC)
โ
Reaccumulation Range: After an extended period of sideways price action (2001โ2019), the chart shows clear signs of Smart Money accumulation โ long-term positioning by institutions.
๐ Break of Structure (BOS): Clean break above prior macro highs indicates the end of reaccumulation and the start of a markup phase . This aligns with the SMC concept of entering trades after BOS and mitigation of supply zones.
๐ฆ Liquidity Grab: Previous dips served to collect liquidity before major impulsive moves โ a classic institutional playbook.
๐ Fibonacci Confluence
๐น 0.5 Retracement from Wave 1 โ Wave 2 provided a textbook correction
๐น 2.618 Extension from Wave 1โ2 projects a long-term Wave 3 target of ~1743 , giving this move macro-level significance
๐น No visible divergence yet โ momentum is supporting continuation ๐
๐ Price Action
Higher Highs & Higher Lows structure confirmed on multi-year view ๐ถ
Strong bullish candles breaking historical resistances
No major supply zones overhead on the macro chart until much higher levels โ suggests room for exponential upside
Pullbacks remain shallow, indicating strong buy-side pressure
๐งพ Fundamental Outlook
SAP SE is Europeโs largest software company and a global ERP leader. Itโs undergoing a digital transformation into cloud-based SaaS, improving recurring revenue and margins. ๐ปโ๏ธ
Strong balance sheet
Growing enterprise customer base
Cloud revenue growing YoY
Excellent positioning in AI and digital infrastructure themes going forward ๐ฎ
Fundamentals support a multi-year bullish cycle , aligning perfectly with the current Wave 3 structure.
๐ Conclusion:
SAP is entering a potentially parabolic phase as part of a long-term Wave 3 impulse, supported by:
๐ Elliott Wave alignment
๐ Institutional reaccumulation (SMC)
๐ Strong technical structure & price action
๐ Fibonacci confluence
๐ผ Solid fundamental trajectory
As long as price holds above previous structure highs and no macroeconomic shock disrupts the tech cycle, SAP could be heading for an exponential breakout over the coming years.
โ ๏ธ Disclaimer: This is not financial advice. For educational purposes only. Always manage risk and use proper position sizing. ๐ก๏ธ
#SAP #SAPSE #ElliottWave #WaveAnalysis #Fibonacci #SmartMoney #PriceAction #LongTermInvestment #SwingTrading #TechnicalAnalysis #BullishSetup #MacroView #FibonacciExtensions #StockMarket #TradingStrategy #InstitutionalTrading #Breakout #Reaccumulation #ChartPattern #Fundamentals
Hellena | GOLD (4H): SHORT to support area of 4040.Gold is actively rising and I believe that before the impulse ends we should see the correction that many are expecting.
As of today, I see the completion of the higher order wave โ3โ and the approaching start of the correction in wave โ4โ. It makes no sense to put any distant plans in the correction and I think that the support area of 4040 looks quite attractive.
Fundamental context
Gold continues its rally and recently broke new highs, fueled by expectations of U.S. rate cuts, global uncertainty, and safe-haven demand. Central banks are still actively increasing their gold reserves โ this structural demand adds support even if price pullbacks occur.
Supply growth is modest โ mining output is constrained, and recycling of gold is not enough, which limits the downward pressure on prices.
Given this backdrop, the chance of a correction rises as momentum stretches โ but the underlying fundamentals remain favorable for further upside once the correction completes.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The ratio of Silver / M2 reached an important resistanceThe ratio of Silver / M2 (x$1T) has reached an important resistance last Thursday. It also reached rare overbought condition (see the monthly RSI14 at the 78 resistance area). It is now due for a consolidation phase, support seen near 0.18 (implying a pullback of about 18% to $44 from the recent high of $54 on silver. This could take a few months (normally, but who knows) before exploding above the down trend line towards the 0.53 area. In summary, the rise of silver has just started.
AMD: Wave [iv] Low AMD shares have recently gained upward momentum as anticipated, confirming the low of wave in magenta. In light of this, we have added a new resistance level at $223.50 to the chart. The primary outlook is for the stock to continue completing the magenta five-wave sequence to the upside, thereby finishing the larger magenta wave (1). Afterward, wave (2) is expected to pull price back toward support at $164.53. Alternatively, AMD could see a direct sell-off, which would bring the alternative wave alt.(2) to an early conclusion. In this scenario, wave alt.(1) would already be complete, with a probability of 27%.
Hellena | Oil (4H): SHORT to support area of 54.00.As I continued to watch oil I realized that the structure I built in the last forecast is still in place. I think we should expect a correction in wave โ4โ to the 59.3 area, then a continuation of the downward movement at least to the 54.00 support area. This will be the completion of the downward impulse.
I do not exclude the probability of lengthening of wave โ3โ and in this case there will be no correction and the price will immediately reach the target.
Fundamental context
The oil market remains under pressure as supply continues to outpace demand, raising the risk of a surplus. Forecasts for 2025-2026 indicate higher production growth while consumption slows.
Rising inventories and a shift in the futures curve into contango suggest growing storage levels and weaker near-term demand.
Under these conditions, downside pressure persists, keeping the probability of a further decline high.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Microsoft: New Target Zone in PlaySince our last update, Microsoft shares have continued to decline, but there is still potential for an upside move. We do not yet consider the turquoise wave X to be complete. Once its high is established below the resistance at $562.17, we expect price to head lower toward the wave Y low. Our revised magenta long Target Zone is set between $477.87 and $451.84. The formation of this low should also mark the completion of magenta wave (4). Afterward, we anticipate the start of a new upward impulse within wave (5), which should push the stock above the $562.17 resistance and complete the larger blue wave (I). Alternatively, we assign a 36% probability to a scenario in which the recent high at $562.17 marked the end of beige wave alt.III . In this case, a decline below the support at $392.97 would be expected, forming the low of wave alt.IV .
Grand Silver SupercycleI present the Grand Silver Supercycle. Silver has followed Elliott Wave Theory nicely through the years. The price hit a century low during The Great Depression, beginning what I believe to be the first wave of a supercycle. There is a clear five wave pattern up from this low, peaking in 1980. This is supercycle wave 1. Then, we see a five wave corrective pattern down, bottoming out in the early 90s. Alternatively, a three wave ABC pattern could be drawn. This is where supercycle wave 3 begins. Wave 3 is typically much more prominent than wave 1 in Elliott Wave Theory. For this reason, it makes sense that the next five wave pattern ending in 2011 is only the first subwave of supercycle wave 3. The second subwave corrected to the 2020 low, and we are currently on the third subwave. Within this subwave, we could either be starting a third wave (as shown in the chart) or still be on the corrective second wave. I believe the former is much more likely due to fundamentals.
Price targets within the current subwave were estimated as follows:
wave 3 length = 1.618 X wave 1
wave 3 target = $48
wave 4 length = 38.2% retracement of wave 3
wave 5 length = 1.618 X (wave 3 end - wave 1 start)
I'm more confident on wave 3 ending near $48 than I am of wave 5 ending near $95. There is strong resistance at $50, which coincides with the Elliott target zone. Wave 5 length can vary significantly. For silver at least, fifth waves have traditionally been long ones.
Fundamentals
Elliott Wave Theory is only a tool. It needs to be backed up by fundamentals when forecasting on long time frames. Silver is undervalued due to many years of supply outstripping demand, creating cheap prices. That is in the early stages of changing as now demand outpaces supply. Global silver demand was expected to hit an all time high of 1.21 billion ounces in 2022 (www.silverinstitute.org). This is largely due to increases in demand in both industry (Green Revolution) and personal investment (stackers hedging against inflation). Silver reserves currently stand at 530,000 metric tons (www.statista.com). The current demand is 38,000 metric tons per year. A simple calculation shows existing reserves could be depleted in 14 years. However, this calculation doesn't take into account new discoveries and recycling, which have so far kept pace with demand. Estimates of time to depletion of reserves vary wildly from a couple decades to a few centuries. At the moment, the prime driver of price (in addition to inflation) will be the deficit, not depletion of reserves.
Inflation is a totally different animal that is much harder to forecast long term due to its close relationship to government and Federal Reserve policy. It is more likely that when presented the choice, our leaders choose high inflation over debt default and depression. How this all is going to play out is anyone's guess. It seems for now our leaders are trying to kick the can down the road for as long as possible. If hyperinflation hits, the silver price will reach extraordinary heights.






















