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Wave Analysis

BTC Elliot Wave Double Combo CorrectionToday, I observed that Bitcoin may be unfolding within a complex double corrective wave structure—specifically a WXY pattern—potentially culminating in a contracting triangle. Such corrective formations represent a temporal pullback, wherein the market undergoes a period of consolidation following an impulsive advance, also referred to as a pullback in time. This phase often serves as a mechanism for establishing structural support within a defined range prior to a continuation move. A key point of uncertainty lies in whether the integrity of the triangle has been compromised by the recent, pronounced liquidity sweep. From the perspective of both the daily and 4-hour charts, this move resembles a classic deviation or "fake-out" rather than a legitimate breakout. Nonetheless, the market may remain in a state of indecision for a few more sessions, characterized by erratic or range-bound price action, before committing to a more definitive trend. A sustained break and successful retest above the 120K level would serve as a strong technical confirmation that Bitcoin intends to pursue higher valuations.
Long
by afurs1
EURUSD – Retest Failed, Bearish Pressure RemainsHello, what’s your take on FX:EURUSD ? After breaking the trendline, EURUSD attempted a retest but failed. The price is now hovering around 1.142, with selling pressure still evident. This setup targets the 1.618 Fibonacci extension zone around 1.114. In the short term, a correction based on Dow Theory may unfold — the marked area could offer a perfect selling opportunity. 💡 Priority: SELL on RETEST – strict risk management with clear TP and SL. Now it’s your turn — what’s your view? Share it in the comments below. Good luck!
Short
by Kevinn_Nguyen
7
Fibonacci Retrace Strategy NAS100 Trade Idea📈 NASDAQ 100 (NAS100) is holding a strong bullish trend 🚀. After a weekend gap-up 🕳️➡️📈, price retraced back into the gap zone—exactly what you'd expect in a healthy trending market. 🔍 I'm applying my Fibonacci Expansion + Retrace Strategy 🔢, watching closely for a pullback into equilibrium ⚖️ within the previous price swing. That’s where I’ll be waiting for a bullish market structure break 🔓📊 to confirm my long bias. 🧠 Patience is key here—let the setup come to you. 📌 As always, this is not financial advice!
PEPPERSTONE:NAS100Long
by fxtraderanthony
How I’m Trading the EURJPY Break of Structure Setup📈 EURJPY Analysis Update 🔍 I'm currently watching EURJPY closely. On the weekly timeframe, the pair is clearly in a strong bullish trend 🚀. Price has recently tapped into a previous daily bullish order block 🧱 — a key zone of interest. Now, I’m watching for a break of structure (BoS) 📉 followed by a bullish continuation, especially if price pulls back into the fair value gap (FVG) 📊 near the current low. As always, this setup — along with all key details and trade considerations — is fully broken down in the 🎥 video. ⚠️ This is for educational purposes only and not financial advice.
Long
by fxtraderanthony
Ping An Group (2318) is on the long riseHere is my Elliott Waves analysis for 2318 on HKEX. I did it for all history of the group and believe that we are at the start of wave 3 of very very big 3 now, which means it is going to be multi-year rise, of course, if the count is correct. After making a long correction, which I labeled as W-X-Y, the stock started to print a leading expanding diagonal. I detected this pattern in a number of stocks in China as situation started to improve with government support (JD is an example, see my previous idea). I believe that correction is 99% behind as we gapped up today on decent volumes from the bullish flag upper edge. And this today's move pushed the price above 200 Weekly EMA and closed there. Bullish cross of 50 to 100 EMAs on weekly is coming right now. I don't want to wait for EMAs to perfectly line up as now there is enough evidence for we are set to go higher long term. Full big picture labelling can be found here:
HKEX:2318Long
by evgenii_tr_tech
Nightly $SPY / $SPX Scenarios for August 1, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for August 1, 2025 🔮 🌍 Market-Moving News 🌍 📦 U.S. Imposes New Tariffs as Deadline Passes Fresh tariffs rolled out on August 1 hitting major exporters: 25% on Indian goods, 20% on Taiwan, 19% on Thailand, and 15% on South Korea. Canadas tariff elevated to 35%, though Mexico got extra negotiation time. Global equity markets slipped modestly, led by declines in Asia-Pacific regions. AMEX:SPY futures also eased on mounting geopolitical and trade pressures. 🏦 Fed Uncertainty Mounts Despite Calm GDP Despite robust Q2 GDP growth and a hold on interest rates this week, Fed Chair Jerome Powell faced growing unrest. Comments acknowledged downside labor risk amid trade uncertainty—investors are now assigning just a 39% chance of a rate cut in September. 📊 Key Data Releases & Events 📊 📅 Friday, August 1: 8:30 AM ET – Nonfarm Payrolls (July): Payrolls rose by 106,000, less than June’s 147,000 but still positive. Wage growth slowed, easing inflation concerns slightly. 8:30 AM ET – Unemployment Rate: Unemployment ticked up to 4.2%, from 4.1% in June—reflecting modest labor softness. 8:30 AM ET – Average Hourly Earnings (MoM): Wages rose +0.2%, down from +0.4% in June, signaling wage pressure easing. ⚠️ Disclaimer: This information is provided for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #jobs #Fed #tariffs #inflation #technicalanalysis
AMEX:SPYShort
by TrendTao
GOLD - Monthly breakout retest may confirm multi-year bull cycleHello everyone, what are your thoughts on the long-term outlook for XAUUSD? Looking at the monthly chart (1M), we can clearly see that XAUUSD has broken out of the long-standing ascending channel that has held since 2015 — a major signal suggesting the start of a new bullish cycle. Price is now retesting the previously broken trendline, hinting at the possibility of a fresh upward leg to resume the longer-term bullish trend we've seen recently. Personally, I'm targeting $3,600 in the medium term, and potentially $4,000 by 2026–2028 if institutional capital continues to rotate back into safe-haven assets like gold. What about you — do you think BTC/USD will rise or fall in the coming years? And what’s your target for it?
OANDA:XAUUSDLong
by Alexx_Bui
3
A PICTURE IS WORTH A THOUSAND WORDS.The two charts are only separated by name, both are working out a correlated fractal structure. The exact position of Solana compared to the Tesla fractal is much elusive. Two possible considerations of current structure in Solana fit equally into the past trend already completed by Tesla The two possible scenarios are indicated on the chart above, 1. If the 21st July 2025 top in Solana corresponds to the 4th April 2022 point on Tesla, the price action will favourably follow the white line. 2. If the 21st July 2025 top in Solana rather aligns with the 17th July 2022 point on Tesla, then price will likely make a minor correction and move higher as indicated by the gold line. Please note, the year dates below the lines are not to be considered, the lines are just for illustrations only. Also note that the extent of corrections or expansions in fractals are not necessarily the same, they only share similar structural forms. Trade safe, good luck
BINANCE:SOLUSD
by Fairmont-Markets
$NVDA ~ An Elliott Wave Breakdown.Earlier in the main wave, our Wave 2(Black) was a Zigzag hence a Flat was expected for Wave 4(Black). Wave B(Blue) closed beyond Wave 3(Black) and our Wave 4 made a 5 wave move(Shown in Red) that retested at the 261.8% Fib. level. With Wave C(Blue) complete, it was coined Wave 4(Black). Wave 5(Black) was launched and has a 5 wave move shown in Green. With a Zigzag for Wave 2(Green), a Flat should be expected for Wave 4(Green). Wave 3(Green) has 5 waves with a triangle for Wave 4(Blue). A confirmation at its current location(423.6% Fib. level) would mean that Wave 3(Green) is complete and a Wave A(Black) of the previously mentioned Flat should be anticipated. Please check my detailed breakdown for a broader perspective into the same. NB: The placement of Wave A(Black) of the Flat mentioned above is purely for demonstrative purposes.
NASDAQ:NVDAShort
by machariavictor017
AMD Projection and Entry PointThis is speculation just like before, which played out very well so this is me having another shot at it. Going off of the prior cycle AMD went through and comparing it to the one it's currently in, you can see a lot of similarities. Learning from it's past and seeing how it likes to react to certain Fib levels, you can see that the 76.40% has been respected as a major level of resistance which resulted in its short retracement back in June '23 , It also acts as a very strong level of support as shown in August '24. Assuming AMD rejects at the current 76.40% level again, using the prior 76.40% you can see it aligns perfectly with the golden ratio I have setup as my buy entry. It all lines up too perfectly that in my mind, I'm certain it will play out. But of course it's all speculation, and the markets do as they please.
NASDAQ:AMDLong
by BortTA
1
Gold (XAU/USD) 30-Min Chart Analysis – August 1, 2025Structure Summary: CHoCH (Change of Character) confirmed after price broke the previous lower high, signaling a potential trend reversal. Price has since formed a bullish falling wedge (blue trendlines), a classic continuation pattern after CHoCH. Volume spikes during reversal attempts suggest accumulation. Trade Setup: Entry: Breakout above wedge resistance. Stop Loss: Below recent swing low near 3280 area (red zone). Target: Around 3315–3320 zone (blue box), aligned with previous demand-turned-supply area. 📌 Outlook: Bullish breakout expected if momentum sustains. Watch for confirmation candle with volume above the wedge. Clean R:R setup with tight SL and wide TP potential. 📊 Technical Bias: Bullish ❗Risk Management: Adjust position size based on lot exposure and account size.
TVC:GOLDLong
by TradingbyTanveer
Hood 5th wave looks toppyHood is one of my larger holdings and I have been riding the wave waiting for a pullback for months. I believe the time is now. This is chart I posted elsewhere that I forgot to share here. I think 65$ is a real possibility. The last four pullbacks were all over 40%. Not the stochastic monthly is starting divergence and the BBWP has remained elevated for a long time. My plan: Sit on my shares. Close my covered calls into 2027 if we dump a lot Buy zone between 65-75$
NASDAQ:HOODShort
by Apollo_21mil
1
APT - HUGE POTENTIAL (130+% SPOT) You probably forgot about this altcoin but it is justified. Downtrend since 2023 and lower highs, lower lows but.... If we look more close and use tool fixed price volume we can see that price is above VAL (Value area low), we had break through but price returns..Also good reaction of FVG (Fair value gap). Now, we can try buy this coin and have some stop lose. Price is in range 172 days and all people forget abut this coin. Analysis is right only if we close daily candlestick about 6$. Stop lose can be below 4.4$ which is 6-7% of losing. Second entry is monthly level at 3.3 and stop lose should be below the lowest low 3$. For me is great opportunity because risk reward is excellent. Ivan
COINBASE:APTUSDLong
by learnfromfailure
EURCHF – Bearish Channel Holds Firm, CHF Strength Set to ResumeEURCHF just tapped into the descending channel resistance again and is showing signs of rejecting. I'm expecting a bearish continuation here, especially given the strong CHF momentum recently, supported by safe-haven flows and Swiss inflation stability. If the pair fails to break above 0.9340, I’m watching for a downside push back toward 0.9270–0.9265, completing another leg within the structure. 🔍 Technical Setup (4H): Channel Structure: EURCHF remains firmly within a downward-sloping parallel channel since mid-June. Resistance Rejection: Price recently tested upper channel resistance (~0.9335–0.9340 zone), aligning with trendline rejection. Target Support: 0.9270–0.9265 (channel base and key horizontal level). Confluence: CHFJPY overlay (pink line) is rising again, suggesting renewed CHF strength—this usually weighs on EURCHF. 💡 Fundamental Insight: EUR Side: ECB officials remain cautious, but with recent EU data showing weaker growth (especially PMIs and sentiment), euro upside is capped. The ECB is likely to pause further tightening, while other central banks like SNB remain firm on inflation risks. CHF Strength: The Swiss National Bank (SNB) still leans hawkish, with stable inflation giving room to hold rates steady or tighten if needed. CHF benefits from risk-off flows amid global tariff headlines, China slowdown, and Middle East tensions. Rising CHFJPY = clear CHF strength across the board. ⚠️ Risks: If eurozone data surprises to the upside (e.g., inflation rebounds), EURCHF could break out of the channel. A sudden drop in geopolitical tension or strong risk-on rally could weaken CHF as safe-haven demand falls. SNB jawboning or FX intervention is always a wildcard. 🧭 Summary: I’m bearish on EURCHF while it respects this well-defined descending channel. The technicals show consistent lower highs and lower lows, while the fundamentals continue to support CHF strength due to risk aversion, stable inflation, and a resilient SNB. My short bias is valid as long as price remains below 0.9340, with downside targets at 0.9270–0.9265. CHFJPY rising confirms franc leadership across FX markets, and EURCHF is likely a lagger following broader CHF strength.
Short
by ultreosforex
8
Trading the Pullback on EURJPY My Trade PlanThe EURJPY is clearly in a strong bullish trend 📈, as shown by a consistent pattern of higher highs and higher lows on the 1H timeframe ⏱️. In this video, I’m looking to capitalize on a pullback as a potential buy opportunity 🎯. We dive into my entry strategy, explore how to align with the prevailing trend, and break down key concepts such as price action, market structure, and smart pullback zones 🧠📊. ⚠️ As always, this is for educational purposes only — not financial advice.
Long
by fxtraderanthony
2