Elliotwaveanalysis
Nifty Forming an Ending Diagonal? Nifty Forming an Ending Diagonal? Key Breakdown Level Ahead #NiftyAnalysis #TechnicalAnalysis Nifty at a Critical Juncture: Wedge + Divergence Warning 🚨 #Nifty #PriceAction #Elliottwave
Current price action continues to unfold within a complex W–X–Y corrective pattern, and the latest rise appears to be forming a contracting wedge in the final leg of wave (c) of X. Both volume depletion and clear RSI bearish divergence support the possibility of an ending structure. A decisive breakdown below the highlighted support level would confirm the completion of this wedge and open the path toward the larger wave (Y) target zone. Until that level breaks, the pattern remains unconfirmed, but the internal structure, momentum behaviour, and time relationships all favour a corrective outcome rather than the start of a fresh impulse. Monitoring the wedge’s 2–4 trendline will be key for validation.
Stay tuned ! Stay Alert...! I dont want my follower to loose at the top.
x handle: @gkneowave
Disclaimer : This analysis is for educational and informational purposes only and should not be considered investment or trading advice. Market conditions can change rapidly, so always do your own research and consult with a qualified financial advisor before making any trading decisions. I am not responsible for any losses incurred based on this analysis.
Mastercard: Further Downside Pressure? Mastercard extended its recent bout of weakness, briefly dipping below support at $527.33 before quickly rebounding. In our primary scenario, we anticipate that the sell-off will continue along magenta wave (4), likely driving price into our green Long Target Zone between $493.51 and $453.69. Alternatively, it’s possible that the turquoise wave alt.2 has already been completed. If so, a direct breakout above $623.64 could occur, which would invalidate our Target Zone (probability: 35%).
BTCUSD can crash to 24k if ABC correction occurs BTC experiencing the effect of Dead cross at 110000 USD ,which can drag upto 74500 and a support can take place due to price convergence and RSI divergence setup.
If price bounce backed from 74500 around ,then it can reach 0.386/0.618 around 106000 and 108000 USD.
A third try to breach 74500 can break the support and can take leap towards 24k making it drag down of 82% which BTC achieved back in 2017- 2018 .
Disclaimer: this is purely based on previous trends study and speculations according to price moments .i recommend to make your own study before investing or consult your financial advisor .
Hellena | GOLD (4H): LONG to resistance area of 4382(Wave 3).In the past forecast, many have rightly pointed out that wave “4” went behind the high of wave “2” and yet we are not dealing with a diagonal.
This means that the waves have stretched and have a larger range of motion and now the correction in wave “2” is ending.
Essentially the upward movement is still prioritized and I expect two scenarios:
1) Continuation of the upward movement to the resistance area of 4382 (market entry)
2) Reaching the support area 3994.4, after which the correction can be considered complete and only then the movement to the area 4382 will start.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): SHORT to the MIN of wave "3" 1.14647.We continue to monitor the decline in downward momentum. In the last forecast the target was almost reached, but the correction turned out to be stronger than we thought, which does not cancel the forecast, but just gives us an opportunity to enter a short position once again quite favorably.
I expect that the small wave “b” is either over or almost over and the price is about to start its decline to the support area at 1.14647.
This movement should be a confirmation of the completion of the large correction (red) “ABC”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Solana: Is the Bottom In, or More Downside Ahead? SOL has already climbed more than 15% from last Friday’s low at its peak, potentially signaling the completion of wave ii in orange. For now, however, we’re still keeping open the possibility that this move could dip to a new low—within our green Target Zone ($155.80–$113.20). In any case, once this interim correction wraps up, wave iii in orange should kick off an impulsive rally, only losing steam above resistance at $295.31.
GBP/USD Signals Trend Shift – Impulsive Upside ExpectedThe chart shows that GBP/USD has completed a full W–X–Y corrective pattern, with the final wave (y) and its C wave forming a clean bottom near the long-term support line. From that low, price has started a strong upward move, which looks like the beginning of a new impulsive Wave 1. The current pullback toward the 0.382–0.618 Fibonacci zone is typical behavior for a Wave 2 retracement before the next strong rally. As long as the price stays above the invalidation level at 1.30094 (the wave (y) bottom), the bullish scenario remains valid. This suggests that GBP/USD is preparing for a larger Wave 3 push to the upside.
Stay tuned!
@Money_Dictators
Thank you :)
XAUUSD – Ascending channel in play, eyes on the 4,240 regionXAUUSD – Ascending channel in play, eyes on the 4,240 region
Brian – Buying the dip within structure, watching for a fade at higher resistance
Market overview & structure
On the H4 chart, gold is trading neatly inside a well-defined ascending channel, printing higher highs and higher lows. The current leg is pushing up towards the 4,237–4,240 area, which lines up with:
The upper boundary of the channel
A key resistance zone
The 1.618 Fibonacci extension and resting liquidity above recent highs
So for now, the broader bias remains bullish, but as price creeps closer to 4,240, the risk of profit-taking and short-term selling naturally increases.
Wave & technical context
This move is an extension of the previous bullish structure after price broke out of the old descending channel and started to build a new bullish one.
Liquidity levels around 4,193 and above suggest the market has been building positions and still has room to drive price into the higher resistance band.
The buy zone around 4,154–4,157, near the lower edge of the channel, is where buyers are likely to step back in to defend the trend.
As long as price holds above 4,150–4,154, the continuation scenario towards 4,240 remains the higher-probability path.
Key zones & trading plan
Primary scenario – Buy with the trend
Buy zone: 4,154–4,157 (channel support + marked buy zone).
Idea: Wait for a pullback towards the lower boundary of the channel, or a brief liquidity sweep into this region, then look for a clear rejection candle on H1/H4 before going long.
Targets:
Short term: 4,190–4,200 (mid-channel / interim liquidity).
Extended: 4,237–4,240 (major resistance + 1.618 Fib extension).
This is a trend-following “buy the dip” setup, more suited to swing and short-term position traders rather than scalpers.
Secondary scenario – Short-term fade from 4,237–4,240
Sell zone: 4,237–4,240 – confluence of strong resistance and the 1.618 Fibonacci extension.
Idea: If price tags this zone and shows clear rejection (long upper wicks, bearish reversal pattern on H1/M15), it may offer a counter-trend short back towards the middle of the channel or the 4,190–4,200 support area.
As this is a counter-trend play:
Keep position size smaller than the main long idea.
Use a tight stop above 4,240 and avoid widening it out of emotion.
Macro and liquidity backdrop
Liquidity is likely to thin out towards the end of the session with the US Thanksgiving period in play, which can lead to the odd sharp spike or stop-hunt, especially around obvious liquidity pools.
On the political front, headlines such as Mr Trump’s comments about “permanently suspending immigration from third-world countries” add to broader policy uncertainty, but the impact on gold is indirect via risk sentiment rather than a direct driver.
It’s also worth noting that silver has been rallying strongly, supported by solar-related demand and supply concerns – a bit of a “silent workhorse” at the moment. That doesn’t remove gold’s role, but it does show that precious metals as a whole are attracting capital.
Strategy & risk management
For now, my focus is on buying dips around 4,154–4,157 in line with the ascending channel, and only looking for tactical shorts if price clearly rejects the 4,237–4,240 band.
I prefer not to open fresh trades when US liquidity is extremely thin or straight into major holiday sessions, as spreads can widen and price can behave erratically.
If we see a decisive close below the buy zone and a clean break of the channel structure, this bullish plan is invalidated – at that point it’s better to step aside and reassess rather than forcing trades.
What do you reckon – does this structure still favour the bulls, or are you leaning towards a deeper correction from the 4,240 region? Feel free to share your view in the comments.
Tesla stock analysis based on Elliott WaveTesla (TSLAX, TSLA) is forming its 5th full wave of growth according to Elliott Wave Theory.
Unfortunately, the chart on TradingView is incomplete; it was created based on other sources and then transferred to TV.
ABC corrective waves (marked in blue) were most likely formed.
Above, we also see an area of liquidity that is more likely to be taken.
According to wave 3, we can predict the length of wave 5 to be around 20%.
As is well known, stock movements last somewhat longer than cryptocurrencies, and this should be kept in mind.
If the price forms a low lower than the start of wave 4, this wave structure will be considered broken, and the price may move downward.
Full breakdown on website
DAX: When Chopy Price Action Calls Next Clear Move German DAX was very non-directional, basically since June of 2025 and what I see is some very nasty moves on both sides of the market, but what got my attention recently is that the price has stopped at key support levels around 23k to 23300 area, from where we can see a very interesting and strong rebound.
What is most important is that this rebound is coming after only three waves down from all-time highs, so it can be part of a WXY complex correction here in a fourth wave. Of course there can be some other labelings as well, but with any approach you will probably come out with the same idea that this whole price action in this five to six month range is corrective, and whenever we see a correction we know that sooner or later it should be fully retraced, meaning the price could already be headed back toward the highs from current levels.
So I think that as long as we hold 23k, there can be some potential opportunities on intraday retracements on smaller time frames.
GH
XAUUSD – H1 uptrend channel, short-term downside risk increasingXAUUSD – H1 uptrend channel, short-term downside risk increasing Brian – Prioritize short selling at the channel peak, wait to buy back at lower support
I. Strategy Summary Gold is trading in an uptrend channel on H1, but the rise around 4.160 shows signs of weakening, increasing short-term correction risk.
Preferred Scenario: Short sell at the channel peak 4.162–4.164, targeting support areas 4.145 – 4.130 – 4.115 – 4.100.
After the correction, the 4.100–4.080 area may become the foundation for the next rise in the larger trend.
Important price areas to watch: 4.139 – 4.127 – 4.110 – 4.088.
II. Macro Context & News 27/11
02:00 – Fed releases Beige Book This document updates the Fed branches' assessment of the US economic situation.
Describing slower growth, cooling price pressures will further reinforce expectations that the Fed will soon cut interest rates → supporting gold.
Conversely, if the Beige Book describes the economy as still “resilient,” the market may temporarily slow down pricing in rate cuts → causing a short-term adjustment for gold.
19:30 – ECB releases October meeting minutes
If the minutes lean towards the scenario of keeping high interest rates longer, the EUR may be supported, indirectly affecting the USD and gold inflows.
However, the impact is usually not as strong as US data, mainly affecting the overall risk-on/risk-off sentiment.
General Context: Gold has surpassed 4.160 USD/oz as the market increasingly expects the Fed to cut interest rates as early as December, reducing the appeal of interest-bearing assets and increasing the allure of gold – a non-yielding asset. This creates a support foundation for the medium-term uptrend, but after a hot rise, technical adjustments on H1 are normal.
III. Technical Structure – H1 uptrend channel
The price is within the H1 uptrend channel, with rising peaks and troughs, but the upper area near 4.160 coincides with:
The upper boundary of the price channel. The “Sell POC” area on the chart – where liquidity and sell orders are concentrated.
Preferred scenario on the chart: The price may slightly rebound to the POC area 4.162–4.164, then be rejected and slide to the important support area around 4.110 before extending the adjustment down to 4.100–4.080.
The lower trendline of the uptrend channel also acts as a short-term buy area if a clear candle reaction appears.
Notable price areas on H1: Resistance: 4.162–4.164 (channel peak + POC). Intermediate support: 4.139 – 4.127 – 4.110. Deep support: 4.088 – 4.080 – 4.100 (area that may form the bottom for the next rise).
IV. Trading Plan 1. Preferred Scenario – Short sell at the channel peak Idea: Short sell when the price rebounds to the upper boundary of the H1 uptrend channel and POC 4.162–4.164, expecting a correction to support.
Sell: 4.162–4.164 SL: 4.168 TP targets: TP1: 4.145 TP2: 4.130 TP3: 4.115 TP4: 4.100
This is a counter-move order in the uptrend channel, only targeting a short-term correction, not a major trend reversal scenario.
2. Supplementary Scenario – Short buy at support trendline Idea: When the price hits the lower trendline of the H1 uptrend channel and a nice candle reaction appears, consider a short-term buy according to the channel, prioritizing areas:
4.139 – 4.127 – 4.110 – 4.088
Specific Entry/SL levels will depend on the actual price reaction at the trendline, but the general principle:
Buy close to the trendline,
SL placed below the immediate support area,
TP aimed at the middle of the channel or the nearest resistance.
V. Risk Management & Notes
Do not open new positions right before or at the time of the Beige Book and ECB minutes release, as volatility may suddenly increase, widening spreads.
The sell order at 4.162–4.164 is a short-term counter-trend order in the uptrend channel, requiring moderate volume and strict adherence to SL 4.168.
If the price clearly breaks and holds above the 4.170 area, the H1 correction scenario weakens – in that case, stay out, wait for a new structure instead of trying to maintain a sell view.
$BTC: BOTTOMING ATTEMPT I highlighted the Double Top formation with a target of 89,000, which has now been surpassed. Technically, the long-term uptrend has been significantly weakened by the loss of the trend line that connected the HIGHER LOWS lows since August 2024. Bitcoin (BTC) has not been this oversold since June 2022. Currently, BTC shows three consecutive weekly candlesticks below the lower Bollinger Band. Today, we observed a slight improvement in the likelihood of a market bottom, as BTC reclaimed the 89,000-resistance level with a sudden rise. It is crucial to maintain the current weekly higher low at 85,200. A short covering squeeze could help push the price to the resistance level at 98,250, where the 0.382 retracement lies, and there appears to be a potential air pocket.
The market would benefit from the Federal Reserve's supportive measures to enhance liquidity and drive momentum higher.
Positive news for BTC includes:
• The probability of a December rate cut has risen to 85%, up from 30% one week ago.
• There are reports of potential discussions to replace Fed Chair Powell.
• Former President Trump’s reported candidate: Kevin Hassett (an ally known for a pro-tariff approach and dovish stance).
Takeaway:
Today's recovery above the 89,000-resistance level modestly increases the likelihood of a market bottom. The current weekly higher low at 85,200 must be preserved. A short-covering rally could facilitate further gains toward the next resistance at 98,250, which aligns with the 0.382 retracement level, as there may be a potential air pocket.
Bitcoin: Internal countermoveBitcoin currently appears to be forming an internal countermove within the ongoing orange wave a. Nevertheless, our primary outlook remains that this a-wave will ultimately extend into our green Target Zone, which ranges from $62,395 to $51,323. From this low, we expect another corrective move to the upside before the final downward leg of the wave (ii) correction—an overall pattern that has been developing since January—reaches completion.
ANFIBO XAUUSD – Elliott Wave Pullback or Continuation? [11.26]Gold XAUUSD – Elliott Wave Pullback or Continuation?
Hi guys, Anfibo’s here!
XAUUSD Short-Term Trading Plan
Overall Picture
On H1, gold is still trading inside a rising channel, but price has just completed a potential 5-wave impulsive leg into the upper boundary of the structure. From here, we’ve got short-term bearish confirmation around the 4147 area, suggesting that price may be entering an ABC corrective phase within the channel.
In other words:
Bigger picture: structure remains bullish as long as the channel holds.
Short term: I’m prepared for a corrective drop before the next directional leg.
On the macro side, fresh data show the U.S. is burning around 22B USD per day, with October spending at 688.7B vs 404B in tax revenue. The first month of fiscal year 2026 already printed a record 284.4B deficit, and interest payments alone reached 1.24T over the last 12 months – about 24 cents of every tax dollar going just to service debt.
This kind of fiscal pressure is structurally supportive for gold in the long run, but it doesn’t prevent short-term pullbacks inside the current channel.
Trading Plan – Playing the ABC Correction
I’m focusing on two key zones derived from the Elliott structure:
one for tactical sells from premium prices, and one for buys at the end of the correction.
>>> Scenario #1 – Tactical SELL from the Upper Zone (Short-Term Bearish)
If price retests the short-term bearish confirmation area and fills the upper liquidity zone, I’ll look for sell setups:
Sell entry: 4150 – 4152
Stop loss: 4158
Take profit levels: 4140 – 4133 – 4110 – 4088
Idea: fade the final push into the upper boundary / FVG area, targeting completion of wave A–B–C towards the mid and lower parts of the channel. This is a short-term play against the local high, not a long-term bearish view on gold.
>>> Scenario #2 – BUY the End of Wave C (Continuation with Trend)
If the ABC correction extends into the lower part of the short-term structure and shows bullish reaction, I’ll switch to a buy-the-dip plan:
Buy entry: 4130 – 4133
Stop loss: 4125
Take profit: 4145 – 4160
Idea: buy near the potential end of wave C, in confluence with channel support, for a continuation back toward the upper boundary and possibly a new impulsive leg.
Risk Management
Trade only when price respects one of the planned zones – no chasing in the middle of the range.
Always wait for clear confirmation (rejection wick, market structure shift, or strong reaction) before entering.
Keep risk per trade controlled and aim for Risk:Reward ≥ 1:2.
Do not hold both scenarios in opposite directions at the same time – choose the plan that the market confirms.
If price invalidates the structure (strong break beyond SL without reaction), step aside and reassess the wave count.
Conclusion
Gold is likely moving into an Elliott ABC correction phase inside a still-bullish channel. That gives us room for a tactical short from premium levels and a high-probability dip buy if price completes wave C lower. With macro debt and deficit pressures quietly supporting the long-term bullish case, this week is all about executing clean setups inside structure, not forcing trades.
STAY PATIENT, FOLLOW YOUR PLAN, AND TRADE WITH DISCIPLINE, GUYS! 💛📈
SP500 Resumes The Uptrend After Bears Stops At Key LevelUS stock market moved lower recently, and we’ve seen one of the biggest declines in the last few months, with lower highs and lower swing lows for the last couple of weeks, but there is still a chance that this is basically a diagonal formation on SP500, either in wave C or alternatively already in wave A or wave 1. But so far looks more like a completed C wave of a flat due to the current strong rebound, which can be the beginning of a new wave 5 headed towards new highs; What’s important in the near future, in our opinion, is that as long as the market trades above 6512 support, there is a real chance that there will be more upside in the near-term. At least three wave rally is what I would be looking for.
GH
AUD/JPY | Bullish Momentum After Australian CPI Data ReleaseThe AUD/JPY pair gained a strong bullish boost after higher-than-expected Australian consumer inflation data, which dampened speculation of an interest rate cut by the Reserve Bank of Australia (RBA). Currently, the price is at a new weekly high and awaits confirmation of a breakout.
1. Market Fundamental Factors (Drivers of the Upside)
Higher Australian Inflation: The hotter (higher) Australian consumer inflation figures dampened market bets for further interest rate cuts by the RBA.
Impact: This significantly boosted the Australian Dollar (AUD), lifting the AUD/JPY pair to the 101.70 area (a new weekly high).
2. Technical Analysis and Indicators
Long-Term Bias: The 100-day Simple Moving Average (SMA) is rising steadily, and the price is holding above it, reinforcing the bullish bias.
Trend Conditions: Trend conditions will remain favorable as long as the price is above the rising SMA, which is currently below 98.00.
3. Bullish Scenario ⬆️
Strong Upside Trigger: Bulls await a breakout through the nearly three-week-old trading range (currently around 101.70). A decisive MACD push into positive territory would strengthen this case.
Next Target: A move will head towards the 102.45-102.50 region, or the highest level since July 2024, touched last week.
4. Bearish Scenario ⬇️
Initial Key Support: Weakness below the 101.40 area is likely to find decent support near the 101.00 round number.
Trading Range Support: A break below 101.00 could retest the trading range support around the 100.40-100.35 region.
Bias Reversal: A convincing break below 100.35 could trigger technical selling and drag the price below the psychological 100.00 mark, towards the next relevant support near the 99.65 - 99.60 region.
GOLD Triangle Almost Over — Green Arrow to $8000+ Begins After WHere’s the fresh update on Gold that many of you have been waiting for.
In my previous idea I said we had two active scenarios:
🟠 Either we were still building wave C (orange arrow → deeper correction),
🟣Or wave C was already complete and the chart was finishing wave D inside a huge triangle (purple arrow), after which the final green arrow up would start.
My current view:
Wave D (purple arrow) is almost complete!
This means we are literally one step away from a new all-time high. Wave E of this giant triangle is going to form right now — and once it’s finished, Gold will explode upward with the powerful green arrow.
Reminder: my global target remains above $8000+ in the coming years 📈
That’s why we need to watch the completion of wave E very closely — this will be the last major buying zone before the real moonshot!
Stay tuned, I’ll post the exact entry zone as soon as wave E shows its final structure. Don’t miss it — follow and turn on notifications! 🔔
Who’s ready for new ATHs very soon? Let me know in the comments! 👇
Zscaler: Downward Shortly after our last update, Zscaler faced significant downward pressure—completely in line with our primary scenario. This move allowed the stock to turn lower in time, staying below the resistance at $340.25 and avoiding our alternative scenario of an early breakout above that level. However, a quicker peak for the turquoise wave alt.Y remains a possibility, as we still assign a 37% probability to such an accelerated sequence. Primarily, though, we expect further sell-offs as part of the magenta wave , which should eventually give way to renewed gains above the support at $164.78. With wave , the regular wave Y should then complete above $340.25.
Crude Ready For New Strong Leg UpCrude oil is recovering for the last few weeks, after new sanctions against Russia, with price rebounding from 56 sharply and impulsively. This suggests an important new swing low is in place, and we should now be aware of more upside ahead, with a minimum three-wave recovery that could take us toward 66.60 or even higher, after that wave b/ii setback which is now coming to an end at 58-59 support area.
Even HS bullish pattern is calling for more upside.
GH
Netflix Down After Earning, But Its Hunting SupportNetflix is coming down after earnings and is currently trading more than 10% lower. Whenever we see such a sharp reversal, it’s important to zoom out and look at the broader trend. From the 2023 lows, there is still a very strong and impulsive recovery, so this could be just a temporary deeper corrective pause before the uptrend resumes.
In Elliott Wave terms, it looks like a potential fourth wave retracement that could start to stabilize somewhere around the previous wave three high near the 1060 area, or possibly a bit lower, closer to the 1K level. This whole zone could be quite attractive for a rebound, especially since some of the gaps above the current price may still be filled — something that often happens when a stock remains in an uptrend.
In my view, there’s still a good chance for a nice recovery and continuation higher in the weeks to come.
Grega
Highlights:
Trend: Bullish (consolidation in wave four approaching support)
Support: 1060, 1000
Resistance: 1260
Note: Stock can stabilize after wave 4 and try to fill the earnings gap at some point in the future.
USDCHF Forming An Elliott Wave Ending DiagonalUSDCHF has made a nice and interesting recovery since September, but so far only in three waves, with a recent reversal down from around the 0.8070 area, so recovery might have been just another corrective rally within an incomplete downtrend. As we know, if we don’t see five waves up from the lows, then the bottom is likely not in place yet. In fact, if current prices break the channel support and move through 0.7940, we should be aware of a possible retest of the 2025 lows, which could be the final leg within a higher-degree ending diagonal. Also keep in mind that USDCHF could still move lower even in a risk-off mode, as the Swiss franc tends to act as a safe haven in times of uncertainty. However, if we see a sudden and very strong franc in the weeks ahead, the Swiss National Bank could step in and take action to prevent it from rising too far, as they already expressed some concern about that in recent statements.






















