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Elliotwaveanalysis

EUR/USD | Triangle Formation |EUR/USD – Symmetrical Triangle Formation | Elliott Wave Count (ABCDE) Price action is currently developing within a symmetrical triangle pattern, with waves a–b–c–d–e in play. Demand Zone (Buyers Zone): Price recently tapped into demand, showing bullish reaction. Supply Zone 2 (1.1687): Acts as a key resistance level for short-term targets. Wave Structure: The market is respecting Elliott Wave triangle formation, suggesting a possible bullish breakout after wave e completes. Plan: Expect consolidation within the triangle before a potential push toward 1.1687. Break and close above may confirm continuation; failure could lead to retest of lower support levels. 📊 This setup aligns with both Elliott Wave theory and supply-demand dynamics, offering clear short-term trading opportunities.
Long
by Greenfireforex
Hellena | SPX500 (4H): LONG to resistance area of 6600.Colleagues, the main idea is still the upward movement in the impulse of the middle wave “5”. Wave “4” is likely to take place, because the bulls need to gain strength to update the local maximum of 6512. The most important thing here is that the target of 6600 is a round number, which is quite attractive for buyers and limit sellers. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
15
XAUUSD – Sell Strategy in PlayXAUUSD – Sell Strategy in Play Hello traders, Gold reacted exactly as anticipated at the 3508–3510 zone. This correction suggests a bearish opportunity is forming. For confirmation, however, we need to see an M15 candle close below 3466. That would invalidate the previous bullish leg and significantly strengthen the short case. Structurally, price remains within the broader rising channel, so an early sell should ideally wait until liquidity in the small FVG above has been cleared. Technical signals are aligning with this view: MACD has shown steady downside momentum over the last four H1 candles. Bearish divergence is also emerging across several indicators. Sell zone to monitor: 3488–3491 Invalidation: a break above the nearest resistance At these levels, market appetite for fresh longs is fading – chasing buys here is risky. No trend rises endlessly; secondary corrections are always required before higher levels can be reached. This is my current outlook for gold. Use it as reference, and feel free to share your views in the comments.
OANDA:XAUUSDShort
by BrianLionCapital
Bitcoin Update – The Next StepsBitcoin Update – The Next Steps Hello traders, BTC is still moving in line with the outlook I shared previously. Price is now approaching the short zone according to technical structure. For those who prefer not to enter immediately, it may be better to wait for a reaction on the M15–M30 timeframes. The downside is that entries may not be as perfect, but the win rate could improve thanks to additional confirmation. At the moment, BTC’s price action remains relatively slow. It’s possible that price will consolidate around the entry area for a while, as there is still significant liquidity from the previous long move and market sentiment continues to lean towards upside expectations. Patience is key here. I’ll update again if there are structural changes. In the meantime, use this scenario as reference and feel free to share your thoughts in the comments so we can discuss further.
BINANCE:BTCUSDShort
by BrianLionCapital
Gold Update – With US Banks Closed, Beware of a Possible TrapGold Update – With US Banks Closed, Beware of a Possible Trap Hello traders, With US banks closed today, market liquidity linked to the dollar may be thinner than usual, creating less predictable moves for gold. The rally during the Asian session has tempted many traders to look for a “sell the top” opportunity with hopes of sizeable profits. In my view, the market could set up a trap for short-sellers, meaning price may either push higher during the US session or remain sideways at current levels before revealing clearer direction. At this stage, it may be better to wait for a cleaner wave structure before committing. The priority should still be trading in line with the broader uptrend. Buy entry zone: around 3340–3345, with a stop-loss of roughly 10 dollars. For short positions: patience is key – wait for clear channel confirmation on the M15–H1 timeframes before considering entries. That’s my current view on gold for today’s US session. Use it as reference and manage risk carefully.
OANDA:XAUUSDLong
by BrianLionCapital
Hellena | GOLD (4H): LONG to resistance area of 3460.Dear colleagues, the idea is generally simple and clear. In the upward movement of waves “3”, “4”, “5” the price should update the maximum of waves ‘D’ and “B” 3448.87. This means that we should expect the price in the area of 3460. The target is quite close and I think there is reason to believe that it will be reached next week. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
10
Bitcoin – Technical Scenario for the New WeekBitcoin – Technical Scenario for the New Week Hello traders, BTC continues to move in line with expectations. On the chart, price has held firm after breaking below the rising channel, and the medium-term bearish structure on the H4 timeframe remains well intact. In the longer term, confirmation of deeper downside will require breaks of major support levels on higher timeframes. For now, however, the outlook remains unchanged from my previous analysis: Short zone: still valid around 111k Long zone: still valid around 105k At the start of the week, BTC may continue consolidating for another one or two sessions to build liquidity before committing to its next move. This is my current technical perspective on BTC for the week ahead. Trade with discipline, and feel free to share your outlook in the comments.
BINANCE:BTCUSDShort
by BrianLionCapital
Gold Trading Scenario – Start of the WeekGold Trading Scenario – Start of the Week Hello traders, A new week begins with gold holding steady above the 34xx zone, establishing a fresh value area. The current structure has already broken through key resistance levels on the higher timeframe – including the daily trendline and H4 barriers – confirming strong bullish momentum. The rally played out exactly as expected, reaching the target around 3450 (with a high of 3454). Price is now showing a slight pullback. This will only be seen as a trend reversal if price breaks below 3404. Otherwise, it’s simply a secondary correction in line with Dow Theory. Wave 5 may have already completed, but the ABC structure is not yet clear. For that reason, I continue to favour buying in line with the trend to maintain higher probability setups. Buy zone for today: 3408–3412. This area previously acted as resistance, but was broken on Friday and now serves as a solid support region. This is my medium-term outlook for gold at the start of the week. Take it as reference, and feel free to share your thoughts in the comments so we can discuss further.
OANDA:XAUUSDLong
by BrianLionCapital
Bitcoin Confirms Downtrend – Short Bias in PlayBitcoin Confirms Downtrend – Short Bias in Play Hello traders, BTC has shown strong bearish momentum, breaking below a key support and falling out of the rising channel. With price now holding firmly beneath this area, the downtrend has been confirmed. The focus now is on waiting for a pullback to find better short entries. The 111k level is a key zone to watch, where a retest of the broken channel could provide an ideal entry, creating a clean Dow structure for further downside. Short scenario: Entry around 111k, with a target near 105k. Long reaction trade: Around 105k, a small long can be considered to capture a short-term bounce as liquidity is absorbed, also offering relief for any trapped short positions. The medium-term bias remains firmly bearish until structure changes. That’s my perspective on BTC going forward. Manage risk carefully and share your thoughts in the comments – do you see further downside or a potential reversal?
BINANCE:BTCUSDShort
by BrianLionCapital
1
Ethereum Trading PlanCRYPTO:ETHUSD remains in corrective mode and could extend lower into early September, targeting the equal legs zone at $4022–$3627. This area may set the stage for the next daily higher low, paving the way for a bullish resumption and a potential breakout above $5K. Bullish Structure remains intact, let price confirm before positioning for the next leg. ⚠️ Disclaimer: This is not a recommendation to sell or short ETH. The analysis is intended as a preparation for a potential long entry, if price drops into the highlighted support zone.
CRYPTO:ETHUSDLong
by AlienOvichO
Bitcoin – Next Buying Area in Focus📊 Zooming out to the daily chart, CRYPTO:BTCUSD is currently correcting against the April low, following the completion of that bullish cycle. The 38.2% Fibonacci retracement near $105K stands out as a key technical zone where a higher low could form heading into September. Structure remains intact, and patience here could unlock a cleaner entry with better risk-reward. ⚠️ Reminder: The daily buying zone spans a wide range from $105K to $97K—this isn’t a pinpoint level for random entries. If you're a trader, you need a clear plan: defined entry levels, stop-loss, and exit strategy. No guesswork. No chasing. Let price come to you and act with precision.
BINANCE:BTCUSDLong
by AlienOvichO
Ethena Bullish Confluence Zone in Sight📊 CRYPTO:ENAUSD Ended the cycle form June low and current pullback is looking for the next buying opportunity around equal legs rea $0.53 - $0.47 before resuming the rally again. The overlap between the 50%–61.8% Fibonacci retracement adds solid confluence for bulls eyeing the next higher low in the $0.55–$0.46 range. This zone aligns with structural support and could offer a high-conviction entry—if price reacts with proper momentum. Let price come to you. Plan your entry, stop, and exit accordingly.
BINANCE:ENAUSDLong
by AlienOvichO
Mastering the Elliott Wave Pattern🔵 Mastering the Elliott Wave Pattern: Structure, Psychology, and Trading Tips Difficulty: 🐳🐳🐳🐋🐋 (Intermediate+) This article is for traders who want to understand the logic behind Elliott Waves — not just memorize patterns. We’ll cover the structure, trader psychology behind each wave, and practical tips for applying it in modern markets. 🔵 INTRODUCTION The Elliott Wave Theory is one of the oldest and most respected market models. Developed by Ralph Nelson Elliott in the 1930s, it proposes that price doesn’t move randomly — it follows repeating cycles of optimism and pessimism. At its core, Elliott Wave helps traders see the bigger picture structure of the market. Instead of focusing on one candle or one setup, you learn to read the “story” across multiple waves. 2021 BTC TOP TESLA Stock 🔵 THE BASIC 5-WAVE STRUCTURE The foundation of Elliott Wave is the Impulse Wave — a 5-wave pattern that moves in the direction of the trend. Wave 1: The first push, often driven by smart money entering early. Wave 2: A correction that shakes out weak hands but doesn’t retrace fully. Wave 3: The strongest and longest wave — fueled by mass participation. Wave 4: A pause, consolidation, or sideways correction. Wave 5: The final push — often weaker, driven by late retail traders. 🔵 THE CORRECTIVE 3-WAVE STRUCTURE After the 5-wave impulse comes a 3-wave correction , labeled A-B-C. Wave A: First countertrend move — often mistaken as a dip. Wave B: A false rally — traps late buyers. Wave C: A stronger decline (or rally in bearish market), often equal to or longer than Wave A. Together, the impulse (5) and correction (3) form an 8-wave cycle . 🔵 PSYCHOLOGY BEHIND THE WAVES Each wave reflects trader psychology: Wave 1: Smart money positions quietly. Wave 2: Retail doubts the trend — “it’s just a pullback.” Wave 3: Mass recognition, everyone piles in. Wave 4: Profit-taking and hesitation. Wave 5: Final retail FOMO. A-B-C: Reality check, trend unwinds before cycle resets. 🔵 TRADING WITH ELLIOTT WAVES 1️⃣ Spot the Trend Identify whether the market is in an impulse (5-wave) or correction (A-B-C). 2️⃣ Use Fibonacci for Validation Wave 2 usually retraces 50–61.8-78.6% of Wave 1. Wave 3 often extends 161.8% of Wave 1. Wave 5 is often equal to Wave 1. 3️⃣ Trade the Highest-Probability Waves Wave 3 (trend acceleration) and Wave C (correction completion) are often the cleanest opportunities. 4️⃣ Don’t Force It Not every market move is Elliott Wave. Use it as a framework, not a rulebook. 🔵 COMMON MISTAKES Over-labeling: Trying to force waves where they don’t exist. Ignoring timeframes: Waves may look different across scales. Trading every wave: Not all waves are high-probability setups. 🔵 CONCLUSION The Elliott Wave Theory isn’t about perfection — it’s about perspective. It helps traders understand market cycles, recognize crowd psychology, and anticipate major turning points. Use Elliott Wave as a map , not a prediction tool. When combined with confluence — volume, liquidity zones, or trend filters — it becomes a powerful edge. Do you trade with Elliott Waves? Or do you think they’re too subjective? Share your experience below!
NASDAQ:TSLAEducation
by BigBeluga
9
Hellena | SPX500 (4H): LONG to resistance area of 6596 .Dear colleagues, I haven't made a forecast for the SNP500 in a long time and was waiting for a correction, but it seems that a major correction is not yet close, and at the moment the price continues to be in an upward five-wave movement. Therefore, I believe that we should expect to reach the 6596 area, which will mark the end of the medium-term wave “3.” The corrections are not very deep at the moment, but the price may reach the 6317 area before continuing its upward movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
16
Bitcoin – Short-Term Outlook at Key LevelsBitcoin – Short-Term Outlook at Key Levels Hello traders, BTC is consolidating around the rising trendline on the daily chart, showing a firm rejection at this level. The broader structure remains in line with the scenario I shared previously, but here’s an updated view to refine short-term opportunities. The channel is still the main focus. Recent sideways price action has formed a key support–resistance zone, which will decide the next short-term move: 113.3k resistance: A breakout here would confirm fresh long positions. 108.8k support: A breakdown would trigger short opportunities. Should support fail, the medium-term bias shifts to the bearish path outlined earlier, with potential downside towards the 9x region, supported by the larger timeframe structure. That’s my current outlook for BTC in the short term. Manage risk carefully, and let’s see how price reacts at these critical levels. Share your view in the comments – do you see BTC breaking higher or lower?
BINANCE:BTCUSDLong
by BrianLionCapital
7