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Elliotwaveanalysis

GBP/USD | Wave 5 Loading?Hey traders 👋, We're setting up for what could be a textbook Wave (5) breakout on the 4H GBP/USD chart. After a clean corrective pullback to the golden zone (0.618–0.705), bulls are stepping back in. Here’s the technical story: ⚙️ Technical Breakdown: ✅ Elliott Wave Structure: Wave (4) seems complete following a controlled retracement. If this count holds, Wave (5) should extend us toward 1.34400+ and possibly 1.36300, aligning with fib extensions and previous impulse behavior. 📏 Fib Retracement: Wave (4) respected the 0.618–0.705 zone perfectly (1.32235–1.32047), a classic launchpad in bullish cycles. Buyers showed strong interest here—textbook bounce material. 📊 EMA Stack (20, 100, 200): Price is holding above the 100 and 200 EMAs, with the 20 EMA curling upward. If we get a clean cross and hold, that’s further confirmation of bullish continuation. 📉 RSI: Sitting around 53, giving us enough room to run without immediate overbought pressure. RSI holding above 50 typically aligns with bullish continuation patterns. 🚨 Levels to Watch: 🔑 Entry zone: 1.32200–1.32400 (golden pocket pullback) 🎯 Target zone: 1.34400 ➜ 1.36300 (Fib + Wave 5) ❌ Invalidation: Clean break below 1.31770 🧠 Final Thoughts: Structure is clean. Momentum is building. Fundamentals aside, this chart is screaming setup potential. 📢 What’s your take on this setup? Drop your thoughts 👇 and don’t forget to like if you’re bullish too 🟢 @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
Long
by WrightWayInvestments
U.S. Dollar Index Set for Bearish Continuation The U.S. Dollar Index (DXY) has completed a five-wave impulse decline (labeled (1) through (5)) from the top of the descending channel. This downward move suggests a completed impulsive bearish leg. Following that, we’ve seen a complex corrective structure – a WXY double zigzag correction – now complete. Price action shows a rejection from the upper trendline resistance near wave (2), confirming the bearish structure remains intact. The bounce into the corrective high (wave (2)) failed to break above key resistance, and we are now potentially entering a new impulsive move down labeled as wave (3) of the next larger degree impulse. Primary Impulse Decline: Wave (1) to (5): Classic 5-wave move down ending late April. Corrective Phase: Complex WXY correction (with subwaves A-B-C in both W and Y). Current Wave in Play: Wave (3) of a larger impulsive sequence is initiating. T1: 99.172 T2: 98.013 SL: 101.259 If price closes above 101.265 the current bearish impulse scenario would be invalidated.
TVC:DXY
by Money_Dictators
AUD/USD 4H | Wave 2 Pullback in MotionAUD/USD is currently completing a corrective Wave (2) within a larger impulsive structure. After the peak of Wave (1) at 0.65145, price has been in a healthy retracement phase, now nearing key fib confluence zones. 🟣 EMA Confluence: Price is reacting near the 100 & 200 EMA (0.6373–0.6394), which has acted as dynamic support throughout this structure. We are currently holding above the 0.382 level, with the golden zone (0.618–0.705) sitting just below. 🔄 Bullish Continuation Scenario: If the pair holds above 0.6285 and we see bullish confirmation candles, we may begin the next leg higher — Wave (3) — targeting 0.66250–0.66766 as initial projection zones. 📊 RSI: The RSI is hovering just below the 50 level, showing temporary bearish pressure, but has room to recover if structure holds. 🧠 Plan: 📍 Watching 0.6285–0.6214 for final support 📍 Wave (3) target zone: 0.66500+ 📍 Invalidation: Clean break and close below 0.6015 🔔 Wave (2) entries are where the patient traders shine. Eyes on structure, and let price do the heavy lifting. @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
Long
by WrightWayInvestments
XAUUSD 1HR, Elliott Wave TheoryCurrent price action is unfolding in a 5-wave bearish structure wave (1) of ((3)) with wave ((V)) of 3 in progress. A corrective ABC structure completed near the CISD zone. Wave 3 extends to the 3.618 Fibonacci projection (~3,148), with wave 5 targeting a support block near 3,120–3,130. Anticipated short-term retracement for wave 4, followed by one more impulsive drop into demand. Indicators: RSI shows consistent bearish momentum with room for divergence.
ICMARKETS:XAUUSD
by EWaveInsights
AUD/CAD - Is this a turning point?!We are currently sitting at a very high-probability area for potential downside continuation! 🔎 Key Observations: Elliott Wave Count: We have completed waves (1)-(3) and are currently finalizing a corrective wave (4) into a critical supply zone. 71% Fib Retracement: Price has retraced deep into a typical exhaustion zone for wave (4) setups — extremely common before the major trend resumes. Supply Zone: Clear rejection visible near 0.90500 area; price is showing early signs of weakness. MACD: Bearish cross aligned perfectly with supply pressure. Momentum indicators are favoring bears. Volume Spike: High volume during the wave (3) selloff confirms real seller presence behind this move. 📈 My Plan: Watching for bearish confirmation (weak candles, rejections) in this supply zone. Expecting a potential wave (5) extension lower, targeting sub-0.82000s over the next several months. Risk Management: Stops placed above 0.9100 structure if activated. 📢 Summary: The trend is still bearish — we are just seeing a corrective rally. Big money tends to load shorts on these pullbacks... Don’t miss this potential monster setup! 🔥 💬 Drop a comment if you're watching AUD/CAD too! 🔔 Follow me for more high-probability setups each week! #Forex #AUDCAD #ElliottWave #SupplyAndDemand #TradingSetup #SwingTrade #Bearish Would you also like me to make a second version that's even shorter (for quick engagement) or one that sounds a bit more aggressive and hyped (depending on the style of your audience)? 🎯
Short
by jamesibartram
Hellena | GOLD (4H): LONG to resistance area of 3495.The design of the previous idea had an error in the table of contents and I decided to make a new one. The price has reached the support area 3240 and at the moment I expect the price to start an upward movement in the wave “3” of the middle order - it will be a continuation of the wave “5” of the higher order. The target is the same - the maximum of wave “3” 3495. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
19
SUI Elliott Wave Meets Fibonacci: Wave 5 Setup ExplainedSUI has once again delivered a textbook display of wave structure, Fibonacci precision, and anchored VWAP interaction. After finishing Wave 4, price surged upward, tagging key fib levels and now consolidating at a critical decision point. The next high-probability trade opportunity is forming — and it’s one worth watching closely. 📈 Recap of the Current Move After completing Wave 4, SUI surged right into the golden pocket — the 0.618 Fibonacci retracement of the entire 90-day downtrend (measured from the $5.3687 high to the $1.7174 low). That golden 0.618 sits at $3.9739, with price currently hovering just below at around $3.965. In our previous analysis, we noted SUI’s tendency to respect trend-based Fib extensions. That pattern is holding beautifully. Projecting from Wave 1 to Wave 2 of the current impulse wave, price once again nailed the 2.618 Fib extension — at exactly $4.10. That extension aligned perfectly with the 0.65 retracement of the 90-day wave at $4.0907, forming a significant resistance confluence. 2.618-1.618 fib: The result? A healthy ~7% rejection, pulling SUI back into a support zone formed by three previously broken swing highs — $3.875, $3.8121, and $3.7666 — now acting as support. 🔺 Wave 4 Structure: Triangle Formation & Key Retest Levels SUI has now been consolidating for ~1.5 days, and price structure shows a developing triangle — a classic Elliott Wave Wave 4 pattern. But while triangles often resolve higher, we can’t ignore the Fibonacci roadmap: The 1.618 trend-based Fib extension (drawn from Wave 1 → Wave 2) sits at $3.7619. This level aligns almost perfectly with the key swing high at $3.7666. In the previous Wave 3–4 sequence, price also retested the 1.618 extension — a pattern that could repeat now again. So, despite the bullish triangle breakout potential, there’s still a high likelihood that price dips slightly to retest the 1.618 Fib zone at $3.76–$3.77. 📊 Anchored VWAP Confluence: Even More Support To further strengthen this thesis, we’ve anchored VWAP from the recent swing low at $3.12. That VWAP (yellow line) now sits at $3.745 — just beneath the 1.618 Fib and in perfect confluence with the swing high cluster. This creates a tight demand pocket between $3.74 and $3.77, where four technical tools align: → 1.618 trend-based Fib extension → Anchored VWAP from $3.12 → Broken swing highs now acting as support → 0.382 Fib Retracement of Wave 3 This is where smart money looks to accumulate — not at the top of the triangle, but where liquidity gets transferred. 🧠 Outsmarting the Crowd: Trap & Trigger Many breakout traders are positioning within the triangle, with stop-losses just beneath. If price dips into the $3.74–$3.77 range, it would sweep those stops and fill orders from traders waiting patiently at this confluence. This creates a classic “switching hands” moment: breakout longs are stopped out, and Fibonacci-aligned buyers step in just as price hits the sweet spot. To be part of the 1% in trading, you need to be thinking one step ahead — not where price is now, but where it needs to go to trap the many and reward the few. 🎯 Long Trade Setup Entry Zone: $3.77 preferred Laddered from $3.76–$3.74 Stop-Loss Options: Tight: Below $3.70 (2% buffer) Loose: Below $3.52 (golden pocket of previous Wave 3) Targets: Conservative: $4.28 Primary: $4.41 Aggressive Extension: $4.5873 (0.786 retracement of full 90-day move) R:R Potential: Tight SL: ~2.5:1 Loose SL: 6:1+ 📆 Weekend Trading Note We’re currently in weekend session flow — often thinner liquidity and more prone to wicks. While the structure is strong, wait for confirmation and avoid FOMO entries at the top of the triangle. ✅ Wrapping It Up SUI remains in a clean, bullish market structure and continues to respect Fibonacci and trend-based extensions to the letter. With price above key swing highs, holding structure, and anchored VWAP adding confluence, the $3.74–$3.77 zone is setting up as a high-probability entry for the next wave. Smart money doesn’t chase — it anticipates. Be the 1% who sees beyond the triangle and understands where the real opportunity lies. Happy Trading! ___________________________________ If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Long
by SiDec
27
Hellena | EUR/USD (4H): LONG to the resistance area 3495.Colleagues, price has successfully formed an “ABC” correction and I see that the upward movement is not over. I think that wave “5” of the higher order consists of five waves and at the moment wave “1” of the lower order is formed. This means that I predict a target at the high of wave 3495. Presumably correction “2” can reach a rougher target in the area of 3240. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
4
EUR/USD Elliott Wave Forecast: Preparing for Wave 5 RallyIn the daily timeframe of EUR/USD, the third wave of the larger Elliott Wave structure appears to have been completed. Within this third wave, we can also observe that the subwave 3 of wave 3 has concluded, and currently, Wave 4 is unfolding. Wave 4 is presently developing and is likely to retrace toward the 1.10683 level or potentially form a supportive close above it. This zone corresponds to both the subwave 4 of Wave 3 and the main Wave 4 correction, which indicates a critical area of confluence and potential completion of the corrective structure. Once Wave 4 is confirmed to be complete near this region, the chart suggests that we may enter the beginning of Wave 5, providing a favorable long trade opportunity. Entry Trigger: Sustained price above 1.10719 First Target: 1.12900 Second Target: 1.13837 Stop-Loss: 1.09518 (below the corrective Wave 4 low to protect the setup)
by Money_Dictators
EURAUD ForecastMy observations on FX:EURAUD chart to take a trading position include the following: - Completion of a Gartley Harmonic Pattern - Completion of the fourth wave of an Elliott wave pack and waiting for the formation of wave 5 - Overlap of the target of the 5th Elliott wave with the target of the Gartley pattern (if the pattern works) - Positive price bounce reaction to SMA200 and an upward guard to cross SMA21 and the pivot line as an important resistance. (Pivot Point Standard) The mentioned signs for my personal trading system are a certificate to take a trade, of course, with risk management and logical budget plan ( risk no more than %1 of capitol) The goal is to execute the trading plan correctly and systematically, regardless of the outcome.
Long
by Daragolbon
Hellena | GOLD (4H): LONG to resistance area of 3400.Colleagues, I've redrawn the waves a bit, because it looks like the correction should be over. I believe that the upward movement will resume soon. I expect two variants of events: 1) the price will reach the support area 3162, form wave “4” and after that we will see an upward movement - this is a variant of entering a position with pending limit orders. 2) Price has already formed wave “4” and then we will see only upward movement. This is a variant of market entry. In both cases I expect the price to come to the target in the resistance area of 3400. This is a pretty strong level from which there could be a strong correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
28