Get started

Elliotwaveanalysis

Berkshire Hathaway: Clear Wave Structure Offering More GainsWhen I scan through charts, whether it’s stocks, currencies, or commodities, I want to focus on something that has a clear wave structure. Patterns like this allow me to read price action with more confidence, without needing to guess or force an opinion. Berkshire Hathaway is one of those charts right now. What stands out is the sharp selloff, which looks like a textbook impulse. More importantly, there’s also a clear impulsive move from the lows. That combination suggests we could be looking at wave C low of a completed flat correction. If that’s the case, then more upside should follow. Even in a less bullish scenario, where the structure plays out only as a temporary A-B-C rally, we would still expect further gains in wave C after the current pause. Either way, the clear structure points higher near term. For me, this is where the opportunity lies. Markets are full of noise, but when you find a chart with this kind of clarity, it becomes easier to focus and build a plan around it. Grega
NYSE:BRK.BLong
by ew-forecast
1
Hellena | EUR/USD (4H): LONG to the resistance area 1.18935.We did pretty well last week and I was waiting for the correction to show us its movement in wave “4”. Now I believe that the correction is coming to an end and I expect the upward movement to continue in wave “5”. I think that we will target the resistance area at 1.18935. Fundamentals: Euro is supported by stable inflation in the Euro area at 2.0% YoY in August, while in Germany it ticked slightly higher to 2.2%. Meanwhile, the U.S. Dollar Index (DXY) trades around 97.77, showing that dollar pressure hasn’t intensified. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
25
Hellena | SPX500 (4H): SHORT to support area of 6550.Colleagues, I am not much of a correction trader, but I have to share my opinion that the upward impulse has almost formed wave “5” and now it would still be logical to expect a correction. I believe that first the price will update the local maximum in the resistance area of 6759, then we will see a correction in wave “4”, which I expect to see at least in the support area of 6550. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDShort
by Hellena_Trade
5
NZDUSD Has Room To Correct LowerNZDUSD is coming lower, dropping quite aggressively from the 0.60 psychological level over the last few days. The weakness started after last week, the Fed decided to cut rates by 25 basis points, but Powell also sounded concerned about inflation and the economy, which triggered some reversal on teh dollar, and alos in stocks yesterday, and slowed risk-on sentiment. As a result, Kiwi could stay under pressure. Looking at the wave structure, it seems price is heading into wave C of a three-wave decline from the July highs, meaning this correction is still unfinished and has room to extend even toward the 0.5700 area, where wave C would equal wave A. Until that support zone is reached, Kiwi is most likely in an unfinished corrective downside cycle.
by ew-forecast
2
DXY – Post-Fed Cut: What’s Next for the Dollar?The Fed has cut rates — but the dollar didn’t flinch. No major reaction, which suggests the move was priced in. I currently see two possible scenarios unfolding on DXY: Scenario 1: Triangle Completed – More Downside Ahead If we’ve finished a triangle correction, a break below 96.20 could confirm the move and open up downside toward $95–$92. Chart: Scenario 2: Ending Diagonal in Wave 5 Alternatively, the recent low may mark the end of a 5th wave diagonal, completing Wave 3 of the broader decline. If so, we could see choppy corrective action before any larger moves. Chart: Key level to watch: Break below $96.20 If price closes above $100.25 I will review the analysis as this may indicate the downward trend is complete.
INDEX:DXYShort
by jngtrading
USDX: demand zone holds but downside pressure remainsThe US dollar index remains under pressure, trading within a descending channel. The recent bounce from the support zone around 96.30–96.90 stalled at the EMAs and the supply zone near 98.30–98.60, where sellers reappeared. On the 4H chart, price has failed to sustain above 97.80, keeping the bearish scenario in play. It is also important to note that the index is trading below the 200 EMA, reinforcing the bearish bias and signaling that sustainable recovery is less likely without strong fundamental catalysts. If 96.90 breaks, the next downside target is 96.30, followed by 95.40. Stronger bearish momentum could even push the index toward 94.00, signaling further dollar weakness. For now, 96.30 acts as the key support barrier. From a fundamental perspective, the dollar index remains weighed down by expectations of a dovish Fed and lower yields. Any hawkish surprise from Fed officials could lift price back toward 98.50, but the structure still favors bearish continuation. This is exactly the kind of situation where market expectations diverge from reality, and the longer it lasts the more it feels like a trend reversal is near. But as always, emotions must be set aside — we wait for clear signals, not illusions.
PEPPERSTONE:USDX
by InvestWorld_777
Hellena | SPX500 (4H): LONG to resistance area of 6700.Colleagues, I think we should expect the upward movement to continue. The upward impulse is not over yet, but I think we may see a correction to the 6500 area, then I expect the upward movement to continue to the 6700 area, which is a pretty strong psychological level and is the area of 50% levels of Fibonacci extension. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
22
Moving to the Day's resistanceDaily (D1) The overall trend is clearly bullish. There has been an upside breakout on the daily timeframe, which could potentially mark the end of wave 3. Price is now consolidating in what looks like a sideways correction, likely forming wave 4. H1 Price has rebounded from the daily support (lower range of the sideways zone). As long as the short-term uptrend on H1 holds, price should be able to test the upper boundary of the range without much difficulty. m15 Not the best setup for buying at the moment, since price is already close to the daily range resistance. A valid buy could be considered only if a breakout occurs followed by a retracement with a favorable risk–reward setup. For selling, it’s better to wait until a clear downtrend structure forms rather than attempting to counter-trade prematurely. Summary Price is moving within a range until either a breakout or a clearer correction structure develops. Possible approaches are: Trade the range (buy near the lower boundary, sell near the upper boundary). Or wait for a breakout and confirmation of continuation before entering.
OANDA:XAUUSD
by IsekaiFx
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.
NSE:LLOYDSENTEducation
by RK_Chaarts
3
Hellena | GOLD (4H): SHORT to support area of 3558.Colleagues, gold is in an active upward impulse of big wave “1” and if until now I was only talking about long positions, now it is time to think about the correction in wave “2”. Wave “1” (red) consists of five waves and, to all appearances, wave “5” (blue) has either completed or is about to complete. This means that I expect a corrective movement to the 3558 support area. I believe that this is the minimum retracement level, and the price may reach lower values, but we will work for the result, which we will achieve soon. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
26
Wave 3 Dynamics: Understanding the Most Powerful WaveHello Friends, Welcome to RK_Chaarts, For Learning and Practicing chart Analyzing, Today we are trying to Analyse the State Bank of India (SBIN) chart from an Elliott Wave perspective, we can see that the intermediate-degree Wave (3) completed at the June 2024 high. This was followed by a complex correction that ended at the March 2025 low, marking the completion of Wave (4). We are currently unfolding Wave (5), which will complete the higher-degree Wave ((3)) of Primary degree in black. Within Wave (5), we have five minor-degree subdivisions, which we can see unfolding. The first minor-degree Wave 1 completed at the 22nd April 2025 high, followed by a Wave 2 correction that ended at the May 9, 2025 low. We are currently in Wave 3, which is a dynamic wave with strong momentum. Within Wave 3, we have five minute-degree subdivisions, which are unfolding. The first two subdivisions are complete, and we are currently in the third subdivision. The characteristics of Wave ((iii)) of 3 are evident in the price action, with a strong breakout above the resistance trend line and good intensity of volumes. The Moving Convergence Divergence (MACD) is also positive, and the Relative Strength Index (RSI) is above 60, indicating strong momentum. The daily Exponential moving averages (50 and 200) are also aligned in favor of the trend. All these parameters support our view, and we can see an inverted head-and-shoulders pattern or a double rounding bottom pattern unfolding. Overall, the breakout looks promising, and we can expect further upside in SBIN as per Elliott wave theory. Detailed wave counts on chart Primary Characteristics: 1. Strong Momentum: Wave 3 is characterized by strong momentum, often leading to a rapid price movement. 2. Impulsive Price Action: Wave 3 is typically marked by impulsive price action, with prices moving quickly in one direction. 3. Increased Volatility: Wave 3 is often accompanied by increased volatility, with prices fluctuating rapidly. 4. Breakout above Resistance: Wave 3 often begins with a breakout above resistance, leading to a rapid price movement. Secondary Characteristics: 1. Longest Wave: Wave 3 is often the longest wave in an impulse sequence. 2. Most Dynamic Wave: Wave 3 is typically the most dynamic wave, with the strongest momentum and largest price movement. 3. Highest Volume: Wave 3 often occurs with the highest volume, indicating strong market participation. 4. Fewest Corrections: Wave 3 typically has the fewest corrections, with prices moving rapidly in one direction. Behavioral Characteristics: 1. Market Participants become Aggressive: During Wave 3, market participants become more aggressive, leading to increased buying or selling pressure. 2. Emotional Decision-Making: Wave 3 can lead to emotional decision-making, with market participants making impulsive decisions based on fear or greed. 3. Market Sentiment becomes Extreme: During Wave 3, market sentiment can become extreme, with market participants becoming overly bullish or bearish. Keep in mind that these characteristics are not always present, and Wave 3 can exhibit different traits depending on the market context. Here are some snapshots shared below to understand the concept & example Largest wave among wave 1-3-5 Strong Momentum like 90 degree move, Vertical move, Rapid move & Dynamic move Breakout with good volumes Price trading above 50, 100 & 200 Day Exponential Moving Average RSI Breakout on Daily RSI Breakout on Weekly MACD weekly MACD Daily Pattern Repeating I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. 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 like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is 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.
NSE:SBINEducation
by RK_Chaarts
6
LiamTrading – XAUUSD Market points to Wave 4LiamTrading – XAUUSD Outlook Sharing my personal view on the next potential move for gold. From the current chart structure, the wave pattern suggests XAUUSD is likely in Wave 4. The correction began yesterday after price touched the 3,700 round number – a key resistance area that also aligns with the 1.618 Fibonacci extension. This zone typically attracts significant liquidity, and the subsequent pullback adds weight to the view that Wave 4 has been triggered. At present, the main support level to monitor is 3,675. A break below this level could see the corrective move complete around 3,656. On the H1 timeframe, RSI has dropped below 30, indicating oversold conditions. In my opinion, while the market trades in this area, short positions remain favourable, though patience is required until clearer confluence signals emerge. Trading plan (short-term focus): Sell 3685–3687, SL 3693, TP 3670 – 3656 Buy 3656–3654, SL 3648, TP 3675 – 3690 – 3702 – 3721 – 3740 I’ll continue to share further updates if price action shows significant changes. Wishing everyone good trading and success in the markets.
OANDA:XAUUSDShort
by LiamTradingFX
Hellena | EUR/USD (4H): LONG to the resistance area 1.18500.Dear colleagues, the upward movement is not over yet and I think wave “3” is not over yet. At this stage, I believe that the correction has already taken place or will soon end in the support area of 1.16573, then I expect the upward movement to continue to the resistance area of 1.18500. This is a pretty strong area, as this is where the high of the big wave “3” (Red) is located. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
23
AUDUSD Gains Momentum Ahead of Fed DecisionDollar has been weakening, in particular since August 22nd when Powell spoke at Jackson Hole, acknowledged rising inflation risks, and more importantly, weakening labor data. Back then he signaled that the Fed could adjust rates with a 25 or possibly even a 50 basis point cut this Wednesday. Looking at FX pairs, what stands out to me is that we are clearly in risk-on mode, with commodity currencies doing very well since late August. Aussie is up almost 4% from the August 22nd lows, while other majors are lagging behind that performance. So it may not be a bad idea to focus on Aussie for potential longs versus the US dollar, especially considering inflation in Australia increased on a yearly basis from 1.9% in June to 2.8% in July, as reported on August 27th. This shows inflation is still a problem in Australia, so the RBA may not be looking to cut rates, which makes AUDUSD attractive on the upside. From an Elliott Wave perspective, I also like the impulsive characteristics on Aussie from the August 22nd close. In my view, we are still in an incomplete five-wave cycle, with the recent push beyond the July highs being wave three. After the next pullback in wave four, there could be a strong rebound, with the 0.6625 level standing out as attractive support on dips. I’ll certainly keep a close eye on this zone if a retracement occurs. It’s also worth noting that Aussie is now trying to break the trendline from the 2021 highs, which could be an interesting breakout point and support the recovery, at least until the five-wave cycle completes on the 8-hour chart. Grega
Long
by ew-forecast
2
1D chart | XRP/USDT – Bigger 5th Wave in Play: or WXYXZ?I’m tracking the development of the larger 5th wave for OKX:XRPUSDT , which currently has a target range between 4.0600 and 5.4003 . My main scenario is a standard 5-wave impulse. In this case, wave 3 should extend toward 4.2766 , with the full 5th wave likely pushing deeper into the broader target zone. The alternative scenario is a complex W–X–Y–X–Z correction. This would imply a minimum target of 3.6618 , but more realistically it should go within the 4.4348–4.9888 zone before the structure completes. For now, I lean toward the impulsive count, but I’ll be watching price behaviour near these key levels for confirmation. 💬 Which scenario do you think is more likely to play out?
Long
by itsquintn
HTF Elliott Wave Count on HBAR! Super Bullish!!Here is the macro bullish outlook on HBAR using the Elliott Wave Theory. Currently we are making progress to the upside to complete the grey wave 5 to finish the leading diagonal in white. Next expect a retracement between .21 (extreme of wave 4) - .18 (.618 of diagonal), it could retrace deeper as is common with a wave 2, although the extreme bullish nature of this impulsive structure makes me think it could be a shallow retracement (38.2% - 50%) before blasting off on everyone looking for their entry to be hit. Exciting times ahead for HBAR i believe. Happy Trading
COINBASE:HBARUSDLong
by Fractical
The dance between the USDZAR and (ZA10Y - US10Y)The chart shows the relationship between the USDZAR and the yield differential between the SA 10-year and the US 10-year (ZA10Y – US10Y). 2025 has been a wild ride for the rand and it has managed to put up a remarkable recovery in the 2Q2025 but where to now for the pair? The pair has not traded below the 200-week MA currently at 17.62, since the March 2022 just before the global rate hiking cycle. The only previous times the pair traded below this moving average was briefly in 2021 before the June/July riots in SA and during the “Ramaphoria” period in 2018. The 200-week MA also coincides with the 38.2% Fibo retracement from the low in 2021. A brief break below these two support levels will allow the pair to fall onto the 50% Fibo retracement level at 16.62. The yield differential is however suggesting that the rand may not have much room to pull the pair too far below the 200-week MA. The brief break below the 5.00% during December 2024 and January 2025 was a bit of an anomaly given the volatility in the US bond market and I still believe 5.00% is a hard support for the yield differential. A bottom out of the yield differential could see it rise higher towards 7.50% which will be rand negative should the positive correlation hold. To summarise, the yield differential is suggesting that the rand’s 2Q2025 recovery may be on its last legs but a break below the 200-week MA will allow the rand to pull the pair towards 16.50. I don't see the rand maintaining levels below 16.50 and this level seems like a long-term floor for the pair before another 5-wave impulse to the topside. Historical trend analysis: The SA rand is one of the most attractive emerging market currencies due to the carry trade appeal of the currency coupled with SA’s deep and liquid bond market. During periods when there is significant buying pressure on SA bonds, the SA yields will decrease meaning that the yield differential (ZA10Y-US10Y) decreases while in periods when SA bonds are selling off, yields on SA bonds will increase which increases the yield differential, citrus paribus. The USDZAR pair is thus positively correlated with this yield differential. The chart goes back to 2018 when the USDZAR hit a low of 11.50 following the period dubbed the “Ramaphoria” period. Investor sentiment swinged aggressively positive in this period and the flow of international funds into the SA bond market saw the yield differential drop to a low around 5.00%. The yeld differential has never dropped below this level until early 2025 as indicated on the chart. The yield differential and the USDZAR pair moved in tandem all the way through to the 1Q2022, maintaining its strong positive correlation. The next period marked the start of the global hiking cycle which saw the US 10-year yield rise from a low of 1.65% in March 2022 to a high of 5.00% in October 2023. This aggressive rise in US 10-year yields marked a period of extensive risk off sentiment and even caused a US banking crises in March 2023. The Fed stepped in and briefly paused their QT to add liquidity to system and provided the US banking system with the bank term funding program to patch up the cracks. The rand sold off due to risk off investor sentiment while the US 10-year yield rose due to the start of the rate hiking cycle which reduced the yield differential. The USDZAR climbed to a high of 19.90 in May 2023 while the yield differential dropped to a low of 7.50%. The yield differential continued to fall until the US 10-year yield topped out at 5.00% in October 2023, after which the positive correlation between the USDZAR and the yield differential was restored. The next period marked positive sentiment towards SA following the election results and the formation on the government on national unity (GNU). Coupled with the end to the rate hiking cycle, the rand had the wind and risk on investor sentiment in its sails which allowed the rand to pull the pair to a low of 17.03. The optimism of the GNU and the realisation on another Trump presidency however saw the pair bottom out in September 2024. During the last quarter of 2024 the rand experienced sustained selling pressure while the yield differential continued to fall. The break in correlation was largely due to the US10-year yield climbing from 3.60% in September 2024 to a high of 4.80% in January 2025.
by Goose96
4
ADA/USDT – 5th Wave Breakout or Extended 4th Wave?KUCOIN:ADAUSDT might have completed its 4th wave of the larger 5 wave structure, but confirmation depends on breaking out of the current channel. The daily RSI is nearing overbought, so there’s still a chance for a minor dip before continuation. Current upside target sits between 1.085 -1.20 USDT , aligning with the larger channel and forming a higher high. If this plays out, it likely completes a first wave of a bigger five-wave structure, followed by a cooldown.
Long
by itsquintn
2