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Impulse

GBPJPY Bullish Breakout Signals Wave (5) UpsideGBPJPY has confirmed a bullish breakout above a key long-term resistance, with Elliott Wave structure pointing to further upside toward the 215–220 zone. GBPJPY is breaking out of its base channel after pushing above the 208 level, which also acted as a major resistance throughout 2024. Since the breakout, price action shows a strong recovery, suggesting an impulsive move originating from the 192 area. The market is currently undergoing a corrective pullback in wave (4), testing the projected 210 support zone. As long as this support holds, a bullish continuation into wave (5) is favored, with upside targets in the 215–220 area. The bullish outlook is invalidated below 205. As long as price remains above this level, the broader trend stays bullish.
Long
by ew-forecast
EURUSD Breaks Out of a Wave IV Triangle Into Wave VEURUSD has spent the past few months consolidating within a classic wave IV triangle, effectively trapping price in a prolonged corrective phase. This type of structure typically precedes the final leg of a larger impulsive move—and recent price action suggests that this long-awaited breakout is now underway. On the daily chart, EURUSD is breaking higher out of the triangle, signaling the start of projected wave V. Based on standard triangle measurements and Elliott Wave guidelines, this final advance has room to extend toward the 1.20–1.23 target zone, which represents the triangle’s measured move and a major technical objective. Zooming into the 4-hour chart, price action is clearly impulsive, supporting the bullish scenario. The current rise appears to be wave 3 of an ongoing five-wave impulse, typically the strongest and most dynamic part of the move. This reinforces the expectation of continued upside in the near term. That said, traders should remain mindful of market structure. After the completion of wave 3, a wave 4 corrective pullback is likely before the final wave 5 push higher. As long as pullbacks remain corrective and key support levels hold, the broader bullish outlook remains intact. In summary, EURUSD appears to be transitioning from consolidation to expansion, with higher timeframes aligning in favor of further gains. While short-term corrections are part of the process, the technical picture continues to point toward higher levels as wave V unfolds.
Long
by ew-forecast
1
Dash Signals Bullish Recovery After Deep CorrectionWe discussed Dash back on December 16, 2025, when we highlighted strong support within the wedge pattern, marking wave C of an ABC corrective structure. That area acted as a key technical floor, increasing the probability of a bullish reaction. As we can see today, price is recovering strongly from that support, and the advance appears to be unfolding as wave (3) of a new five-wave bullish cycle within wave A/1. This type of impulsive price action typically reflects strengthening momentum and growing bullish participation. As a result, further upside is favored toward the 100 area and potentially higher levels. That said, while the broader structure remains constructive, traders should remain mindful of a possible wave (4) pullback, which would be a normal corrective pause before another continuation higher into wave (5). As long as key support levels hold, the overall outlook remains bullish.
KRAKEN:DASHUSDLong
by ew-forecast
1
EURGBP - It is just a correction for nowEURGBP has been bearish, trading cleanly inside a falling red channel. After the recent bounce, price is now retesting the upper bound of that channel, and more importantly, this area lines up with a clear red structure zone. This kind of confluence is exactly where corrective rallies tend to run out of steam. As long as price remains capped below the channel resistance, the bias stays simple: 👉 Look for trend-following shorts, in line with the broader bearish structure. A clean rejection from this zone would confirm that sellers are still in control. Only a strong breakout above the channel would force a reassessment. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
5
DAX Remains Bullish as Wave (3) AdvancesWe discussed the DAX back on December 19, when we identified a bullish setup based on waves (1) and (2), suggesting the start of a five-wave impulsive advance and the potential extension of the rally within wave (3). As of today, January 15, the DAX is unfolding nicely to the upside and remains firmly within wave (3). There is still room for further gains, with the 26,000 area acting as a key upside target. At this stage, we are continuing to track wave (3), where subwave 5 may still be missing, indicating that additional upside is possible before a higher-degree wave (4) corrective phase develops. From a risk-management perspective, the 25,000–24,800 zone represents an ideal support area. As long as price holds above this region, we should remain alert for a bullish resumption and the continuation of the broader uptrend toward wave (5). DAX is bullish as long as the price is above 24500 invalidation area.
PEPPERSTONE:GER40Long
by ew-forecast
Monero Breaks All-Time Highs As Bullish Structure Points HigherMonero (XMRUSD) is now aggressively breaking into new all-time highs, in line with expectations. On the monthly chart, price action continues to suggest significant room for further upside. Monero may be unfolding a five-wave bullish impulse, or alternatively, breaking out from a larger bullish triangle formation. In both scenarios, the technical picture supports much higher levels. On the weekly timeframe, we are still tracking a projected extended wave (5) of wave 3. Fibonacci cluster targets continue to point toward the 1000 area before a higher-degree wave 4 correction is expected to unfold. At the moment, price appears to be rising within subwave 3 of an ongoing five-wave bullish impulse for wave (5). This suggests that additional gains are likely in the near term. That said, traders should remain aware of a potential subwave 4 pullback, which would be a normal part of the structure, before a renewed bullish continuation in subwave 5 of wave (5) of 3.
BITFINEX:XMRUSDLong
by ew-forecast
TURBO Impulse Followed by Healthy RetracementTURBO printed a strong impulsive move to the upside after a base formation, clearly shifting short-term momentum bullish. Following this expansion, price entered a corrective phase and is now retracing into a well-defined demand zone aligned with Fibonacci retracement levels. This pullback is so far constructive rather than bearish. As long as price holds above the highlighted demand region, the structure supports continuation toward the previous high and potentially into the upper resistance zone near zero point zero zero two two. If the demand zone fails to hold, the retracement could extend deeper toward the lower support area around zero point zero zero one six, delaying continuation and resetting structure. This setup is based on impulse and retracement behavior, demand reaction, and Fibonacci confluence. Confirmation from the demand zone will determine the next directional leg.
by CryptoCoinsCoach
TLM Impulsive Move Followed by Demand RetestTLM printed a strong impulsive breakout after a long consolidation phase, creating a clear displacement to the upside. Following this move, price entered a corrective phase and is now pulling back toward a well-defined demand zone formed between the Fibonacci retracement levels. This zone represents a healthy retracement area rather than immediate weakness. As long as price holds above this demand region and shows stabilization, continuation toward higher resistance levels remains possible, including a retest of the recent highs and extension toward the upper resistance around zero point zero zero four. If price fails to hold this demand zone, the correction could deepen toward the lower support levels below zero point zero two one, invalidating the bullish continuation scenario. This setup is based on impulse–retracement structure, demand reaction behavior, and Fibonacci confluence. Confirmation from this zone will define the next directional move.
by CryptoCoinsCoach
DAX Rebound Signals Potential Upside After Key Support HoldGerman 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 our 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 on a daily chart. 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. Bounce looks impulsive, and it may have formed a bullish setup formation with waves 1 and 2, so we think that more gains are coming within wave 3, especially if breaks back above 24500 bullish confirmation level.
PEPPERSTONE:GER40Long
by ew-forecast
SP500 Remains Bullish After The FED MeetingS&P 500 has made a very nice retracement recently; in fact for almost the whole November we have seen a pullback of around 5 to 6%, which is quite a lot for the S&P 500, and what is really important is that the market has stopped around the 6500 area, which basically goes back to October 10th when we saw a massive sell-off on that Friday when Trump threatened with new tariffs on China. But afterwards, as you can see, the market recovered, so it looks like a very beautiful rebound from that zone with impulsive characteristics, even beyond the diagonal and trendline resistance lines. This likely confirms that bulls are ready to resume higher into a potential fifth wave, which can be made by a new lower-degree five-wave bullish cycle. Ideally, new trend will resume soon after the current setback that can be flat in wave 2, so be aware of a bullish continuation into all-time highs and 7k are, possibly still this month.  After the FED meeting last week, we can see it making an irregular flat correction in wave (2) that can find the support at 6800 area, so soon be aware of a bullish resumption within wave (3).
CME_MINI:ES1!Long
by ew-forecast
1
Silver Extends Gains as Wave Structure Points HigherSilver broke higher last week sharply and decisively, while gold has not followed to the upside as strongly. However, with the gold–silver ratio falling, silver remains the stronger performer at this stage. Because of this relative strength, the move could be wave (3) of an ongoing five-wave bullish impulse, especially given the strong extension higher and the fact that gold is also approaching an all-time high. Silver may continue to grind higher, and there appears to be room toward the 261.8% Fibonacci extension and the 68–70 zone to complete a lower-degree impulse within wave (3). Currently it can be trading in subwave 3 with room for more gains, just be aware of subwave 4 pullback before a bullish resumption within subwave 5 of (3).
OANDA:XAGUSDLong
by ew-forecast
2
Why Most Traders Misread Trends!!! (Fix It in 10 Seconds)Every trader talks about trends. Few actually understand how to read them. Most traders think a trend is defined by: - a diagonal line - a moving average - or a breakout But the truth is much simpler... and far more powerful: A trend is defined by the quality of its pullbacks. 📚Here’s the 10-second method professionals use: 1️⃣ Shallow Pullbacks = Strong Trend When pullbacks barely retrace and reverse quickly, it means one side is overwhelming the other. Momentum is healthy. Continuation is likely. A shallow pullback tells you: ➡️ “Don’t fade this. Follow it.” 2️⃣ Deep Pullbacks = Weakening Trend When price retraces deep into the previous leg, momentum is slowing and imbalance is shrinking. Buyers are less aggressive. Sellers are gaining confidence. A deep pullback tells you: ➡️ “Trend still alive, but the engine is cooling.” 3️⃣ Chaotic Pullbacks = Trend Is Dying If pullbacks become wide, choppy, overlapping, messy, the trend is no longer in control. It’s not a trend anymore. It’s a negotiation. A chaotic pullback tells you: ➡️ “Stop trading the trend. Wait for structure.” 📚Final Thought The market isn’t random ... it’s rhythmic. And pullbacks are the rhythm. Once you learn to read that rhythm, you’ll stop fighting trends… and start flowing with them. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Education
by TheSignalyst
52
SMH Is In Wave 5 Extension as Semiconductors Aim for 400 AreaSMH is the VanEck Semiconductor ETF, giving concentrated exposure to major global semiconductor companies like NVIDIA, TSMC, and Broadcom. It holds about 25 stocks and is known for higher volatility because a few large chipmakers dominate the fund. Investors use SMH to bet on long-term growth in chips, AI, and tech hardware, but it can swing sharply due to the cyclical nature of the semiconductor industry. VanEck Semiconductor ETF (SMH) is trading within a five-wave bullish impulse from the April lows. Based on Elliott Wave theory, the ETF appears to be in the final Wave 5, which can still extend above the October highs toward the 400 area. Short-term pullbacks are possible, but the broader trend remains bullish. With current risk-on sentiment, semiconductor stocks could continue higher into late 2025 or even early 2026.
NASDAQ:SMHLong
by ew-forecast
USDCAD Is Back To Bearish ModeUSDCAD is turning sharply to the downside after last week’s break out of the upward channel, following strong jobs data from Canada. What we see now is a very powerful and strong decline that looks more like a third wave rather than a wave C away from the highs, especially since the price also breached the lower trend-line support of a potential base channel. This puts us in a bearish mode and suggests more weakness in the days or even weeks ahead, as the recovery from June can finally be ending. Expect more downside until we see five waves down from the 1.4139 level. Trend is now bearish while the market trades below 1.40.
Short
by ew-forecast
Coca-Cola Is Attacking All-Time HighsCoca-Cola is basically one of the most famous drink brands in the world. It started in the late 1800s in the U.S., and over time it turned into a huge global company. They’re known for their classic Coke, but they also make tons of other drinks—juices, waters, teas, and even energy drinks. After that gap up, Coca-Cola filled that gap as expected and then turned higher and broke above 71.77 resistance. So the wave structure remains bullish, and we could still see a push to new highs, as wave C — possibly the final leg of an ending diagonal — may target the 76–78 area. So latest retracement toward 68 might have been just temporary setback ideally wave two and bulls are now ready for new highs.  We remain bullish as long as price stays above 66. Highlights: Trend: Bullish (wave C continuation in w. 5) Support: 71, 68, 66 Resistance: 74, 78 Note: Bullish above 66,  watching for wave C resumption towards new highs. 
NYSE:KOLong
by ew-forecast
1
Google Is In Strong Bullish Trend; Unfolding A Five-Wave ImpulseAlphabet (Google) is a huge tech company best known for its search engine, but it also makes things like Android, YouTube, Gmail, and cloud services. Google is pushing hard into AI and cloud computing. They’re rebuilding search with AI, making stronger chips, and growing Google Cloud fast. They’re also investing in long-term tech like self-driving cars and quantum computing. Google is in a very strong uptrend as expected, but we can now count five waves up within the black wave three cycle from around 160. Ideally, the next pullback would be wave four, stabilizing near the previous fourth-wave area around 292–271. And once or if we see that kind of correction, that's when new buying opportunities could appear, but for now, it’s better to stay cautious since we may already be in the later stages of this cycle. Highlights: Trend: Strong uptrend, but nearing late stages of wave three Potential: Pullback in wave four before continuation higher Support: 292–271 zone Invalidation: Below 200 Note: watch for a correction before new long setups
NASDAQ:GOOGL
by ew-forecast
AMD Is Approaching Support, While Finishing A CorrectionAMD is in a very strong uptrend, supported by the impressive rally since early October when it gapped higher on positive AI news. Since then, the stock has gained more than 50%, and this bullish momentum could continue after a retracement, especially considering latest company’s better-than-expected earnings report. But based in latest price action, we assume that the market is now in a corrective pullback before resuming higher, ideally forming wave four within a broader five-wave sequence. The previous high around 220 could act as the first key support, followed by the 200 area, which also aligns with upper range of unfilled gap. So if we are correct, then later this month or early in December, the market can once again stabilize and turn up for a new high, while the price is above 187 invalidation level.  Highlights: Trend: Strong uptrend, wave four correction in view Support: 220 / 200 zone Invalidation: Below 186 Note: Wait for a pullback to complete before considering new long opportunities
NASDAQ:AMDLong
by ew-forecast
ICP - After a 250% Explosion, What’s Next?🚀ICP has just witnessed a massive parabolic rally , surging by over 250% in just a few days, an incredible move that pushed the price into overextended territory. 📉Now, after such a vertical climb, a healthy correction is unfolding. The area highlighted in red represents a major demand zone, where previous consolidation took place before the explosive breakout. 🏹As price retraces toward this zone, I’ll be looking for potential long opportunities, expecting buyers to step back in and push ICP higher, possibly toward new local highs in the coming weeks. Could this correction be the perfect reload before the next leg up? 🔥 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📊All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
3
BTCUSD Long: Reversal from the Bottom of the ChannelHello, traders! The price auction for BTCUSD has been controlled by a well-defined descending channel. This bearish structure has guided the price lower, with sellers showing strength by breaking below key levels, including the prior support at 111000. The auction has seen multiple tests of both the channel's supply and demand lines. Currently, the auction is at a critical inflection point. After recently touching the lower demand line of the channel, a pivot point low has been established, and the price is now attempting to initiate a bullish reversal from these lows, showing early signs of buyer interest. My scenario for the development of events is a bullish reversal from this channel support. I expect the price may make a brief corrective retest of the recent low to confirm buyer initiative. In my opinion, a successful hold will trigger a rally strong enough to reclaim the broken 111000 level, which is now resistance. The take-profit is therefore set at 112200, targeting the area just above this key structural point. Manage your risk!
BINANCE:BTCUSDLong
by heniitrading
7
Dash Is Waking Up Strongly As AnticipatedWe talked about the bottom formation on Dash back on August 11, where we mentioned and highlighted that it's recovering from June lows out of the downtrend channel, which suggested that the impulsive decline from the 2024 highs has ended. Dash is now in a massive rally, waking up strongly, so it's most likely in wave 3 of a five-wave bullish impulse that can extend the price even up to 70 area, we will just have to be aware of wave 4 pullback around 50-55 area. ALTseason can be here. Can other ALTcoins follow soon? Dash is a cryptocurrency launched in 2014 that focuses on fast, low-cost payments and privacy. It uses a two-tier network with miners and “masternodes” to enable features like InstantSend (near-instant transactions) and PrivateSend (optional privacy). It started as a fork of Bitcoin.
KRAKEN:DASHUSDLong
by ew-forecast
Silver Is Extending Impulsively Higher; All-Time Highs SoonSilver Is Extending Impulsively Higher, which can push the price into all-time highs from a technical point of view and by Elliott wave model. Silver is on the rise and has been outperforming gold quite a lot over the last week, and it looks like an extended leg up is still in progress; seems like wave three of an extended impulse, therefore more gains are possible after next three-leg retracement. Based on the 4-hour chart, there is a chance that price goes towards 50usd, but there can be some new pullback first. Ideally red wave (4) could stabilize near 45.86. Only a sharp impulse down closer to 43 level will be an indication that higher degree wave four has started. Higher Time frame charts show an ongoing bull cycle that is now targeting the high from April 2011, which could be the next major level and a potential area for a new retracement, maybe sometime in 2026.
OANDA:XAGUSDLong
by ew-forecast