Elliotwaveanalysis
Apple: Wave [2] Correction We now consider the dark green wave to be complete and thus place AAPL in the intermediate corrective movement of wave , which can be further subdivided into waves (A), (B), and (C) in magenta. Currently, only the last part of this (C) wave should be missing before the next impulsive uptrend unfolds towards the previous all-time high. We must still weigh our alternative scenario with a 34% probability: If the price falls below support at $168, this scenario with a new low for the blue wave alt.(IV) would be confirmed, although in this case, the price should not fall significantly below our previous Target Zone.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
How I Use Elliott Waves to Trade — A Real Example from XAU/USDElliott Wave Theory is a powerful tool I use to understand market structure and build trading plans with confidence. In this post, I’ll walk you through how I’m applying it to the current setup in XAU/USD (Gold) on the 1-hour chart, and how I develop a trading plan around it.
🌀 The Current Structure: A 5-Wave Impulse in Progress
Based on the chart, I believe gold is in the middle of completing a classic 5-wave impulsive move. We’ve already seen the completion of Wave 1 and Wave 3—and we’re now likely in the midst of a Wave 4 correction.
🔍 How Do I Know This?
There are several clues:
Wave 3 is extended, meaning it’s longer than both Wave 1 and the expected Wave 5.
Inside Wave 3, Wave 2 was a sideways flat, and Wave 4 was a sharp zigzag.
This follows the Guideline of Alternation, which states that if one correction is sharp, the next tends to be sideways.
These characteristics give me confidence in my wave count.
💡 Why I Love Trading Wave 5
Wave 5 is my favorite wave to trade because it offers a high-probability opportunity when the structure is clear and confirmed. Here’s how I approach it:
📉 Step 1: Define the Invalidation Level
According to Elliott Wave rules, Wave 4 cannot enter the price territory of Wave 1. This gives me a hard stop loss zone—if price dips below that, the count is invalid, and I step aside.
🎯 Step 2: Determine the Target (Take Profit)
When Wave 3 is extended, Wave 5 usually relates to Wave 1, and I consider three common Fibonacci targets:
61.8%
100%
161.8%
Since the 100% extension of Wave 1 is the most typical scenario, that’s where I’ll tentatively place my take profit.
🛠️ Step 3: Plan the Entry
Now that I have both my stop (below Wave 1) and my take profit (100% of Wave 1), I plan my entry.
Here’s how:
Wave 4 often retraces to the 38.2% Fibonacci level of Wave 3—which is where I begin looking for support.
This level also coincides with the termination point of the previous Wave 4, adding further support per Elliott guidelines.
If price enters that support zone and I see a complete corrective structure (flat or triangle), that’s my green light to enter.
If all the above conditions are met, I’ll post a follow-up with my exact entry strategy.
🧠 Final Thoughts: Flexibility Is Key
While this plan is structured, the market is dynamic. Patterns evolve. Counts can shift. The key is to stay objective, recognize when the scenario changes, and adapt quickly.
Elliott Wave trading is not about perfection, but about anticipation, risk control, and reacting intelligently as price unfolds.
Hellena | EUR/USD (4H): LONG to the resistance area 1.14048.Dear colleagues, it appears that this week started with a downward movement. It was decided to replace the last forecast with a new one, because the price is updating the minimum of wave “4”, now the formation of wave “c” of medium order is taking place.
I believe that the upward movement to the area of 1.14048 will start again and we have 2 options:
1) market entry
2) working with pending limit orders closer to the 1.09794 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): LONG to resistance area of 3439.37.Colleagues, Last time, I suggested that the five-wave movement was not yet complete. It seems that this is indeed the case.
Wave "5" of the higher degree is unfolding, and I expect the price to reach the resistance area around 3439.37, which marks the top of wave "X".
Within the smaller five-wave structure, I believe wave "3" is currently in progress.
A correction toward the 3248.38 area is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): SHORT to 38.2% - 50% Fibo lvl 5489.Colleagues, I have reviewed the waves a bit and I believe that when the strong psychological level of 6000 is reached, a reaction and correction in wave “2” is possible.
I propose to consider this movement as a strong five-wave movement. Wave “1” will be over soon.
I consider the 38.2% - 50% Fibonacci levels of 5489 to be the main target of the correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EURUSD Breaking Above Resistance Line; Wave 5 In PlayEURUSD moved nicely higher in April, into the 1.15–1.16 area, a resistance where pair slowed down at the end of wave 3, that put retracement in play. However, a pullback has been made in three waves, so its seen as temporary within the broader uptrend. We saw some deeper retracement down to 1,1, near the 38.2% Fib from where we can see some nice turn up, above the trendline resistance so it appears that bulls are in play for wave 5. Therefore, be aware of more upside afte some intraday dips. Support is at 1.1266 area.
GH
Nifty50 – Wave IV Unfolding Within the Grand SupercycleFrom the Grand Supercycle perspective on the monthly chart, we can observe a consistent pattern — every major a-b-c corrective phase has unfolded as a form of flat correction before the next rally. Based on this historical rhythm, and the current market structure, I believe we are still in the process of completing Wave V of the Grand Supercycle.
This long-term view is overlayed on the chart to help contextualize what’s happening now.
Zooming In – The Weekly Breakdown Within Wave IV and V:
Within this broader Grand Supercycle, the weekly chart captures a five-wave subdivision between Supercycle’s Wave IV and the yet-to-be-completed Wave V.
Wave III has completed after achieving a 100% projection of Wave I from Wave II , respecting classic Fibonacci symmetry.
After the Wave III high, we’ve entered a correction phase , where sub-wave b is currently unfolding.
Flat Correction in Play?
For the current move to qualify as a Flat correction:
Wave b must retrace at least 90% of Wave a .
This requirement is crucial to maintain the “Flat” identity of the structure.
Depending on the nature of the flat:
If it’s a Regular Flat or Expanding Flat, Wave c must break below the bottom of the rising parallel channe l, and end below the low of Wave a .
If it’s a Running Flat , Wave c can stay above Wave a’s low, and price may remain within or near the channel’s lower boundary.
Also, as per EW guidelines, Wave c must unfold in 5 waves — which will be the next key structure to monitor.
Where Are We Now?
As long as Wave b is progressing toward 90% retracement , the near-term bias remains bullish.
But once Wave b completes, the market may enter Wave c, which could result in a deeper correction — either towards the lower end of the channel or even below, depending on which flat structure plays out.
What Next?
This unfolding Wave c will likely complete Wave IV within the Grand Supercycle, setting the stage for the final upward move — Wave V of both the internal 5-wave structure and the Grand Supercycle itself.
Disclaimer: This is not a buy or sell recommendation. The analysis shared is purely my personal view for educational purposes only.
Dow Jonas - Elliot wave📉 DJI — Elliott Wave Top in Sight?
🔍 A long-term analysis with serious implications...
I've been diving deep into the Dow Jones Industrial Average (DJI), using Elliott Wave principles — and what I see may signal the end of one of the longest bull markets in history.
Elliott was right — the massive bull cycle did arrive and extended well into the 2000s. But now, that journey looks to be nearing its final destination.
Currently, I believe we're witnessing the development of an Ending Diagonal pattern — a structure often seen at the end of a major impulse. This formation appears to be completing a set of blue sub-waves, which in turn cap off the larger green primary impulse wave.
📍 The box marks my anticipated top for the DJI. From this point, I expect a strong reversal and the beginning of a major correction.
Now here's the shocking part:
If this correction plays out in time and reaches the Fibonacci 0.382 level, that would suggest a retracement spanning up to 86 years — yes, 86 years.
This isn’t just about markets anymore — such a scenario could carry massive consequences for the global economy and society as a whole.
If, however, we see a strong breakout above the box, then the ending diagonal thesis would be invalidated, and we might instead be witnessing an extended wave 5 — complete with five internal sub-waves.
But either way — the top is coming. It’s just a matter of when, and how hard we fall.
💬 What are your thoughts? Could we really be on the edge of a generational peak?
Russell 2000 - C wave to complete correction?I have been bearish on the Russell for a long time. nothing has changed. the wave count is getting clearer... at least for now.
price action as of late has been like watching paint dry on the wall, still waiting for a catalyst... coming soon, i believe.
this count would only be invalidated with a sustained break above resistance zone.
**minor change from my previous charts - i have simplified the wave counts from a (WXYZ) to (ABC).
DUSKUSDTThis is a long-term analysis for the weekly time frame. Our guess is that the price will return from around 0.012 to 0.015 and even higher (completion of wave 4) and then complete its wave 5 at around 0.053 to 0.041.
If this happens, buying it spot is quite low-risk and we can even look at it for a long-term hold and an investment under one condition.
If this Elliott analysis is correct, the price could reclaim its new high within two years or more and even see numbers beyond it.
In terms of timing, late July and early August are a good time for the end of wave 4 and late 2025 and early 2026 are ideal times for the end of the hypothetical wave 5.
ETH - This will take time Part IIAs previously outlined, the fourth wave of the Primary degree in Ethereum (ETH) is forming a large triangle pattern, consistent with the corrective structure observed in XRP. This pattern is likely to extend over time, with the fifth wave of the Primary degree expected to begin around November or December 2025. A potential sharp breakout could occur starting in February 2026, signaling the start of a significant bullish move. If this breakout materializes, ETH could experience a substantial price increase, potentially exceeding current expectations, with a target significantly higher than anticipated.
EUR/USD – Fair Value Gap Filled, Market Eyes Higher HighsThe EUR/USD chart on the 4-hour timeframe is showing a well-formed Elliott Wave pattern. We've seen a clear 5-wave move to the upside, followed by a corrective ABC pattern. This correction seems to have completed, with wave C ending right at a strong support area.
It's the lower trendline of the rising channel formed during the 5-wave impulse.
It's also where a Fair Value Gap (FVG) has just been filled — an area where price previously moved too quickly and is now finding balance.
T1: 1.12355
T2: 1.13072
SL: 1.10468
Hellena | GOLD (4H): LONG to resistance area of 3300.Dear colleagues, I still expect an upward movement, because I am sure that the five-wave movement is not over yet.
The price has updated the 3202 level, which means that wave “4” is a combined correction (WXY) and it is just completing its movement.
I expect the price to start an upward movement and reach at least the 3300 resistance area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BTC, last Chance in this bull market?Hello everyone,
the market was very challenging within the last weeks, because there had been many ways to count, which is the most difficult part of elliot wave analysis. The reason was, that the price was in a correction/ consolidation, which I assume has now finally ended. Trump accounced that they picket 5 coins for the strategic reserve:
BTC
ETH
XRP
SOL
ADA
This aligns very well to what people have waited for. If you believe in a finall bull run, these 5 could be part of your portfolio. I would also recommend to have a look at LINK and LTC, as they are performing quiet well.
Has the Alt Season Started?Cash Data 1W
By analyzing the weekly Cash Data chart of TOTAL3, we observe that after a rapid and significant rise, a correction in TOTAL3 has begun, which appears to be forming a Neutral Triangle pattern.
Wave Analysis:
Wave-(c) is a double pattern with a small X-wave, making it the most complex wave. However, there is a possibility that wave-(d) could become more complex than wave-(c). We are currently in wave-(d). Given that wave-(b) has surpassed the start of wave-(a) and wave-(c) has been fully retraced by wave-(d), there is a likelihood that a Running Neutral Triangle is forming. For confirmation, wave-(d) must exceed the starting point of wave-(c).
Conclusion:
Based on the analysis, wave-(d) could rise to the range of 1.14–1.38 trillion USD. Subsequently, wave-(e) will begin and may conclude within the retracement zones identified on the chart. To accurately determine the target for wave-(e), we need wave-(d) to complete, allowing us to predict the end of the Running Neutral Triangle with greater precision.
After the completion of the Running Neutral Triangle, we expect a significant rally in altcoins.
Good luck
NEoWave Chart