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Elliotwaveanalysis

Amazon Can Stabilze Near $210Amazon has been pulling back lately, and I’ve been tracking this as a potential wave four flat correction, with wave A and wave B already completed and wave C now eyeing the support around 210. That zone also lines up with the 0.382 Fibonacci retracement and previous breakout levels, so it could attract buyers and provide stabilization. The retracement is quite deep at around 12 percent, but since the stock has not yet retested February highs, it looks more like a consolidation, a pause rather than a new bearish trend. I assume there is a chance for a nice bounce into wave five, still this year. GH
NASDAQ:AMZNLong
by ew-forecast
1
Expanding Flat Elliot wave countBitcoin may be approaching a significant macro top, with multiple technical indicators aligning to signal a potential reversal and a subsequent major corrective wave. Key Projections: Potential Top Formation: The current price action is forming what appears to be the peak of a corrective Wave (B), with a potential top range between $109,000 and $150,000. Projected Corrective Target: Following the completion of Wave (B), a significant downward move, labeled as Wave (C), is anticipated. This corrective wave targets the $45,000 - $67,000 price zone. Timeline: The entire corrective structure, from the formation of the top to the potential bottom of Wave (C), is projected to unfold by approximately September 2026. Elliott Wave Structure: The primary thesis is based on an Elliott Wave count. The chart indicates the completion of a five-wave impulse cycle, and the market is now in a larger A-B-C corrective pattern. The current price is likely forming the peak of the B-wave. Fibonacci Confluence: There is a strong confluence of Fibonacci extension levels at the potential top. The peak of the current Wave (B) is precisely testing the 1.618 Fibonacci extension level, a critical ratio often associated with the termination of corrective waves. Significant Bearish Divergence (Crucial Point): This is one of the most compelling signals on the chart.While the price is making higher highs (from the peak of wave (5) to the peak of wave (B)).Both the RSI and the MACD indicators are showing lower highs. This is a classic, multi-indicator bearish divergence on a high timeframe (weekly), indicating that the upward momentum is weakening significantly and a trend reversal is becoming more likely.
Short
by maayan_tiran
AUDJPY - Impulse wave underway?• Following a 3-wave corrective decline from July 2024 to April 2025, I’ve identified what appears to be a 5-wave impulsive move to the upside. There are multiple ways to count this structure, but treating wave (iv) as a running flat gives the most balanced outcome from both a Fibonacci retracement and extension perspective. • From a higher-degree view, I believe Wave 1 and Wave 2 of a larger impulsive sequence are now complete, and we may currently be in Wave 1 of Wave 3 which is a high-probability rally zone. • I entered the trade at 97.40 on Monday, 8th September, following a breakout above recent swing highs. Since then, price may have completed a Wave 2 retracement, and my stop loss remains at 96.30; the start of the current Wave 1 leg so the trade thesis is still valid. • Key risk to this setup is upcoming inflation data, which could influence the Fed’s interest rate decision and impact global risk sentiment (AUDJPY being a risk-sensitive pair). • View Daily Count for Broader Context -
Long
by jngtrading
LiamTrading – Gold continues its “madness”LiamTrading – Gold continues its “madness”: Strong trend, but awaiting reaction at 3900 Gold has just recorded its 39th all-time high in 2025, now approaching the 3,900 USD/oz mark. This is not only a significant psychological threshold but also coincides with extended Fibonacci levels, making this area a sensitive market point. Trend & Trendline On the H4 chart, gold remains firmly within the upward channel formed since early September. Prices consistently bounce off the lower trendline and expand towards the upper boundary. The lower trendline around 3760–3780 acts as dynamic support. If prices break below this area, a deeper correction scenario towards 3720–3730 will be triggered. The upper trendline is currently “pressing” prices right at the 3897–3900 area, converging with Fibonacci 2.618. This is a strong resistance, potentially causing profit-taking reactions and creating a technical pullback. Volume Profile & Liquidity The 3800 and 3720 areas are dense volume clusters, indicating that large capital flows are positioned here. These are also potential Buy zones when prices correct. The 3640–3650 area is a larger liquidity cluster, but will only be activated if there is a strong breakdown from the current trendline. Reference Trading Scenario Sell zone: 3897 – 3900, SL 3905, TP 3885 – 3862 – 3850 – 3833 Short-term Buy zone: 3797 – 3800, SL 3793, TP 3822 – 3840 – 3855 – 3872 – 3890 Medium-term Buy: 3720 – 3730, SL 3710, TP 3760 – 3800 – 3850 Conclusion The upward trend remains very strong, but the 3897–3900 area will be a crucial challenge. If prices are rejected here, we may witness a correction back to the lower trendline before gold continues towards the larger target of 4000 USD. This is my personal view on XAUUSD. Please manage risk carefully and stay updated with the latest scenarios.
OANDA:XAUUSDLong
by LiamTradingFX
XAUUSD – Will ATH Diminish Gold's Value?Hello Traders, Gold once accounted for up to 21% of total global assets, but now this figure is only about 5%. Two perspectives are clear: Gold is gradually losing its relative importance in the financial system. The total value of global assets has surged (expanding the denominator), reducing gold's proportion, while its absolute value still plays a crucial role. Technical Analysis In today's Asian session, gold continues to set higher price marks, indicating that the upward momentum remains very strong. The ascending channel on H1 has reached the upper boundary, showing slight hesitation, but the main trend is still upward. The H1 and H4 frames maintain strong buying power, with market sentiment leaning heavily towards buyers, ready to push prices to higher levels. According to Elliott Wave, the price is currently in wave 5 (the market psychology wave). The current task is to observe the reaction when this wave completes, to prepare for the ABC correction cycle. Regarding Fibonacci, the next important resistance area is at 3880, where a bearish reaction may occur. Trading Scenario Sell (at Fibo resistance 3880): Entry: 3880 SL: 3886 TP: 3866 – 3850 – 3835 Buy (trend-following priority): Entry: 3813 – 3816 SL: 3809 TP: 3828 – 3843 – 3860 – 3878 👉 Note: Smaller frames H1 – M15 will provide additional confirmation signals to optimize entry points. Conclusion The upward trend of gold is still prioritized, wave 5 has not ended, and the scenario towards 4000 – 4050 is entirely plausible. Short-term selling at strong resistance areas can be considered, but risk management must be tight. Traders need to closely monitor support – resistance areas in smaller frames to maximize profits. Follow me for the fastest updates when the price structure changes and to further discuss scenarios in the community.
OANDA:XAUUSDLong
by BrianLionCapital
S&P500: More Upside Likely Before PullbackThe North American Mass Index kicked off the new week with some momentum, extending its climb within the ongoing magenta wave (3). For now, we anticipate this upward trend could continue before reaching a new high. Afterward, we expect a pullback as part of the subsequent wave (4), likely bringing the index into the magenta long Target Zone between 6,283 and 5,781 points. In our view, this price range offers attractive opportunities for long positions, as wave (5) is expected to follow—potentially pushing the index significantly higher and completing the larger blue wave (III). To protect newly established long positions, a stop can be set 1% below the lower boundary of the Target Zone.
CME_MINI:ES1!Long
by MarketIntel
Hellena | GOLD (4H): LONG to support area of 3800.Dear colleagues, the last forecast is canceled, but I recommended that trades should be set trades to breakeven because there is a high probability of wave “3” extension. It looks like the upward impulse is still not over and I expect the final formation of wave “5” to the 3800 area. Yes - this target is quite close, but now it makes no sense to make a long forecast with a correction in wave “2” of higher order (red). As soon as I get confirmation that the correction in wave “2” has started - I will make a forecast with more points. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
35
Critical Retest: Can the Uptrend HoldMarket Overview The broader price structure clearly remains in an uptrend. However, a short-term bearish formation recently developed but was quickly invalidated as the market reversed into bullish momentum again on Friday. Before the market closed, price retraced to retest the breakout level. If it can hold above this area and establish a higher structure, the uptrend is likely to continue until the trend shows signs of exhaustion. Conversely, if the retest fails and price breaks back below the ascending trendline, the market may enter a sideways consolidation phase, potentially forming a corrective pattern before the next decisive move.
OANDA:XAUUSD
by IsekaiFx
Bitcoin Weekly Elliott Wave & Fibonacci ZonesThis chart presents a comprehensive weekly analysis of Bitcoin (BTCUSD) at a critical juncture following a completed 1-2-3-4-5 Elliott Wave impulsive sequence. The structure now transitions into an ABC corrective phase, with particular focus on the positioning of Wave C in relation to Fibonacci retracement zones. Elliott Wave Structure: The main bullish cycle is clearly mapped out, beginning from the Wave 2 support low and culminating at the Wave 5 peak. The ABC corrective move is forecast to target classical retracement levels, consistent with historical BTC cycle behavior. Fibonacci Retracement: Key support zones are defined at the 38.2%, 50%, and 61.8% levels ($95,604; $86,747; $77,890), selected using the Wave 2 low as the anchor for maximal relevance. These levels represent statistically dominant retracement targets for the final stage of corrective pullbacks before blow-off tops historically observed in Bitcoin macro cycles. Volume Profile and Indicators: The chart incorporates volume spikes and momentum measures (MACD, RSI), validating cycle peaks and inflection points. RSI currently hovers near neutral, supporting the thesis of a corrective move without signaling complete oversold conditions. Accumulation/Distribution remains positive, but fading momentum confirms the need for a reset. Scenario Outlook: This analysis anticipates a standardized corrective process in line with Bitcoin’s history, where the C wave of ABC retracement is highly likely to resolve within one of the highlighted Fibonacci zones, most commonly between 38.2% and 61.8% retracement. Technical confluence across price structure and indicators suggests these areas as optimal watchpoints for buyers and macro cycle accumulation. Upon completion of this corrective leg, BTC is statistically favored to embark on a renewed impulsive rally, reinforcing strategic accumulation for the next leg toward new ATH. The chart is designed as an actionable reference for traders and investors aiming to navigate potential volatility and anticipate high-probability reversal zones consistent with previous bull market cycles.
INDEX:BTCUSDShort
by NoHussle
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