Elliott Wave

XAUUSD: Wave 5 Downside Setup After Sell-Zone Retest Gold is still trading inside a short-term descending channel, and the current structure remains controlled by sellers. From Kelly’s view, the market has already built a clear bearish sequence, and the next important setup is the potential wave 5 decline after price retests the sell zone. The key idea is simple: do not chase the low. Wait for price to retest resistance, then observe whether sellers step back in. ⟡ Market structure Price recently rejected from the upper channel area and started moving lower again, confirming that the broader intraday structure is still defensive. The market is now trading below the broken midline, while the marked sell zone around 4,455–4,465 remains the key reaction area. The current decline appears to be developing in a clean Elliott structure. Price has already completed the early downside legs, and the chart is now preparing for a possible wave 4 retest before wave 5 expands lower. ➤ Key levels ◌ 4,455–4,465: sell zone retest and main reaction area ◌ 4,470: short-term invalidation area ◌ 4,420–4,430: first downside reference ◌ 4,345–4,355: main wave 5 target zone ◌ Above 4,470: area where the bearish setup loses quality ⌁ Elliott Wave view From an Elliott Wave perspective, gold appears to be forming a bearish 5-wave decline inside the descending channel. The current movement may be the wave 4 corrective retest into the sell zone. If price reacts from 4,455–4,465 and prints a clear rejection candle, that would support the idea that wave 5 lower is starting. If wave 5 develops as expected, the downside path may open towards the lower channel target around 4,345–4,355. ▸ Trading scenario Preferred scenario: wait for price to retest the 4,455–4,465 sell zone and confirm rejection. Entry zone: 4,455–4,465 after bearish confirmation Stop loss: above 4,470 Take profit 1: 4,420 Take profit 2: 4,380 Take profit 3: 4,345–4,355 If gold breaks above 4,470 and holds outside the channel pressure, the wave 5 sell setup would weaken and the structure should be reassessed. ⌁ Kelly’s view For Kelly, this is a sell-the-retest structure, not a chase-the-breakdown setup. The trend is still bearish, but the cleaner entry comes from resistance confirmation, not from selling directly at the low. If gold retests the sell zone and sellers defend it, wave 5 may begin from there. Gold remains under downside pressure. The best sell setup may come after the retest, not before it. Share your view below.

by Kelly_Koou_Gold

BCTUSDT Update bullish scenario loading but not here yet Allright BTC Correction is still going on so there are very nearly no bullish scenarios but then again in times like theese we wanna buy for long term so when do we buy it ? I think there might be one more down wave coming and depending on the structure we will have clear path. for now i dont see a reason to buy and i draw some lines as posibilities so i think we wait before right entry here after previous short. no need to spoil profits by making the mistake of staying in the market unnecessaryly long. have a nice weekend.

by artisticDog29915

GOLD - The bearish trend may continue...ICMARKETS:XAUUSD has entered a corrective phase after printing a new local low. Against the backdrop of a strong U.S. dollar, the bearish trend in gold may continue... Gold has received temporary relief from ceasefire-related headlines, but pressure from the dollar and hawkish Fed expectations remains intact. The key event ahead is Friday’s Non-Farm Payrolls (NFP) report. Geopolitical developments continue to play a decisive role. Technically, within both the global and local downtrend, gold is consolidating inside the 4425–4550 range. Due to the uncertainty factor, the market has entered a corrective phase and a liquidity-hunting stage, during which it may test either 4496 or 4540 before resuming its decline. Resistance levels: 4496, 4540, 4589 Support levels: 4456, 4425, 4400 The U.S. dollar remains in stagnation (consolidation) within a bullish trend. The geopolitical backdrop continues to support the dollar and weigh on gold, which is currently in a corrective phase. A short squeeze at 4496 could trigger a decline toward 4425–4400. Additionally, if the market fails to react at 4496, gold may test 4540 before moving lower. Best regards, R. Linda

LTC/USDT Litecoin has been in a time and price correction for a few years now, but today, looking at the chart, I realized that we have reached the end of this erosional correction. In terms of time, the correction is over, and in terms of price, wave 4 has completed the triangle and could be an attractive investment option for the coming years. Finally, it should be noted that these analyses are my personal opinion and I am not responsible for your buying or selling. Thank you for your attention to this matter.

by Thefifthwave

AUDNZD: Breakout or Bull Trap?AUD/NZD remains in a strong long-term uptrend, but the chart suggests the pair is likely completing the final stage of its bullish Elliott Wave structure near 1.2200 . Price is still holding inside the rising channel, showing buyers remain active, yet the recent slowing momentum and wedge formation indicate the rally may be running out of strength. If buyers manage to break above 1.2200 , the next upside target stands near 1.2300 , where the current bullish cycle could fully mature. The projection on the chart points to a corrective decline after the top is formed. The first downside level to watch is 1.1900, where temporary support may appear. A deeper pullback could then extend toward 1.1700 , which is the key support level for the medium-term trend. From there, the chart suggests buyers may return and attempt another recovery wave toward the 1.2000 area. As long as the price stays above 1.1528 , the broader bullish structure remains intact despite any short-term correction. We will update further information soon. @BrightRally_Research

by BrightRally_Research

NZDJPY - Consolidation May Be Fueling the Next Rally NZDJPY on the daily chart still looks structurally bullish despite the recent consolidation near the highs. After the strong rally from the 85.35 low, the price pushed into the resistance area and has since been moving sideways inside a tightening structure. Instead of seeing a sharp rejection, the pair continues to hold higher lows, which usually signals that buyers are still active in the bigger trend. The current consolidation also looks like a potential contracting pattern before continuation. Price keeps respecting the rising support trendline while sellers struggle to force a deeper breakdown. That balance between higher lows and capped resistance often builds pressure for a stronger directional move later. At the moment, the structure remains constructive as long as the price continues holding above the rising support zone. Momentum has slowed slightly, but buyers are still defending dips instead of allowing a deeper correction. If NZDJPY starts breaking higher from the current structure, the next upside targets come in at 94.97, 96.14, and 97.85. Until then, the pair may continue consolidating before the next expansion move begins. We will update further information soon. @BrightRally_Research

by BrightRally_Research

IREN | Daily NASDAQ:IREN — Quan-Model Projection Set For The Next Phase | Extending Impulsive Advance Ahead 📈 As projected, IREN has developed a Flat correction in Minor Wave 2, which now appears complete. The anticipated decline of Minute Wave ⓒ found support on Q-Structure λ₃ within its confluence-divergent zone — now stabilizing well by E-lines β and γ . As previously outlined, the overall structure is now well positioned for the projected impulsive advance of Minor Wave 3 within the Intermediate-degree uptrend (3), which continues to be projected as an extending📈 sequence. The Fib-Extension Target for the projected near-term advance of Minor Wave 3 ➤$ 112 🎯, anticipated during the next 11 trading sessions. 🔖 HPQ Targets remain defined by the Q-Structures mapped across the weekly timeframe, while current momentum dynamics and structural geometry continue to favour higher continuation. #QuantumModels #TradingSetup #TechnicalAnalysis #AI #AIInfrastructure #AICloud #DataCenters #GPU #CloudComputing #HPC

by ElliottChart

Coinbase EW uptrend count with high risk/reward ratio This Elliott Waves count shows attractive risk reward opportunity in $COIN. SL = $185 which is ~4.3% below the current price of $194. TP = $231 and is ~19% of gain. Invalidation = $162 which could be SL for those who can afford taking more risk. EW analysis. ABC correction has ended and the current choppy move up since $139 is a part of a leading diagonal wave. I expect continuation of choppy movement around resistance area of 210-225 and more impulsive move up afterwards to complete the diagonal. See 15-min timeframe in the note for the nearest anticipated reversal up.

by evgenii_tr_tech

PEP is a simple medium term long As money flows started to take profits in hyped AI themes and moved to traditional FCF generating businesses, PEP is gaining traction with improved volumes and impulsive price action to the north. Despite there is no sustainable trend in cost savings and revenue grow, Q4'25 results provide early signs of improvements which is visible in price action. I believe the correction is behind the firm now and we are in the uptrend until late 2027 or even 2028. Bigger picture view is in the note below.

by evgenii_tr_tech

Gold and Silver Elliott Wave Analyses: Expects Further Move Down In this video, I discuss the Elliott Waves for Gold and Silver and talk about my expectations for both. Essentially, my preferred count is for current move down as the final E wave but Gold should end in an "Ending Diagonal" while Silver looks more likely be be impulsive and forming a "Flat"-ish overall structure. Good luck!

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2026 Jun - [GC]Gold had a 5 wave up followed by a 5-3-5 corrective structure down that stopped at the 0.764. Entering a long trade in the green count, looking for it to follow nice fib extensions. Stop right at the latest low, loses confidence if it breaks below the 0.765. High confidence if we get a 5 wave rally up to the 0.382 or 0.618 extension in green from here.

XAUUSD Bullish Confirmation May Open the Next Upside Wave Gold is starting to recover after reacting from the 4,446 buy zone, and the intraday structure is shifting more positively. From Kelly’s view, the main trend for today is leaning bullish, but the cleaner setup still needs confirmation before expecting a stronger move into the upper liquidity area. The key idea is simple: gold is recovering from support, but buyers need to confirm above resistance before the next wave can expand. ⟡ Market structure Price has broken away from the lower part of the descending channel and is now testing the upper structure. The reaction from the 4,446 buy zone shows that buyers are defending the lower support area, while the market is slowly building a recovery base. The current zone around 4,483–4,496 is important because it acts as the bullish confirmation area. If price can reclaim this region with strength, the next upside path may open towards the high liquidity zone near 4,531. ➤ Key levels ◌ 4,446: buy zone and main intraday support ◌ 4,483: bullish confirmation zone ◌ 4,496: next breakout confirmation level ◌ 4,531: high liquidity zone and upside target ◌ Below 4,446: area where the bullish setup weakens ⌁ Elliott Wave view From an Elliott Wave perspective, gold appears to have completed a bearish corrective sequence near the 4,420–4,446 area. The current rebound may be the beginning of a new bullish wave structure. If buyers confirm above 4,483–4,496, the next upside phase could develop as a stronger impulsive move, with price targeting the high liquidity zone around 4,531. If price fails below confirmation and returns under 4,446, the bullish wave count would lose quality and the structure may need to be reassessed. ▸ Trading scenario Preferred scenario: wait for bullish confirmation above the 4,483–4,496 area before looking for continuation. Entry zone: after confirmation above 4,483–4,496 Stop loss: below 4,446 or below the confirmed higher low Take profit 1: 4,496 Take profit 2: 4,531 Take profit 3: 4,550 if momentum expands Alternative scenario: if gold rejects from 4,496 and loses 4,446, the recovery structure weakens and price may rotate back into the lower channel. ⌁ Kelly’s view For Kelly, this is a buy-after-confirmation structure, not a blind entry at support. The reaction from 4,446 is constructive, but the market still needs to prove strength above the confirmation zone. If buyers reclaim 4,483–4,496, the next bullish wave may open towards the 4,531 liquidity area. Gold is showing recovery signs. The next clean move depends on confirmation above resistance. Share your view below.

by Kelly_Koou_Gold

NEAR Near The End?CRYPTOCAP:NEAR is at an important decision spot now. Near completed a 5 wave swing structure with the wave 5 push carrying price into our LOI. That area has acted as strong resistance so far, and now bulls need to prove they can do more than just tag the zone. 3.039 = yuge level bulls need to beat 2.309 = ideal level bulls need to hold As long as price can hold above 2.309, the bull count still has a cleaner structure. Losing that area would start damaging the ideal setup and make this look less like healthy Impulse. Trade safe. Trade clarity.

MSTR and BTC Wave Structures Signal Further Downside Risk MicroStrategy (MSTR) has experienced a deep retracement from its 2024 highs, declining by more than 80%, which reflects the extreme pessimism now embedded in the market. Typically, such large drawdowns can precede a reversal phase, and so far the structure does show three clear waves down from the peak. However, the subsequent rebound into the 200 area appears corrective rather than impulsive, suggesting it may represent a fourth wave within a broader bearish sequence rather than a trend reversal. If the current flag structure breaks to the downside on a daily close, it would open the door for a potential fifth wave decline toward the 100 level. Bitcoin is also showing weakness due to a positive correlation with Microstrategy. It's declining impulsively along with MSTR after a three-wave corrective recovery. We could see another decline this year. If that happens, the key support remains around the 50k-48k area. Adding to sentiment pressure, MicroStrategy recently sold 32 Bitcoin. While the amount is relatively small in the context of its holdings, it may still carry a psychological impact on market participants given the company’s historically strong association with aggressive Bitcoin accumulation.

Nikkei, Nasdaq, and S&P500: Expects Wave 3 Crash In this video, I update the Elliott Wave counts for the 3 indices. Essentially, I believe that wave 3 down has started and I expect prices to move down fast. Good luck!

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Bitcoin Sold Off on News — But This Zone Could Trigger a Bounce Over the past two or three days, Bitcoin ( BINANCE:BTCUSDT ) has largely been influenced by news, particularly news of Middle Eastern tensions between Iran and the U.S., and it has started to decline. Currently, Bitcoin is moving near the support zone($66,400-$64,900) and the Potential Reversal Zone(PRZ) . From an Elliott Wave Theory perspective, it appears that Bitcoin is completing its Wave 4, which may have a Zigzag correction(ABC/5-3-5). I expect Bitcoin to rise from the PRZ and reach the Cumulative Short Liquidation Leverage($68,560-$67,550) . First Target: Cumulative Short Liquidation Leverage($68,560-$67,550) Second Target: $68,667 Third Target: $69,700 Stop Loss(SL): $65,377(Worst) Cumulative Long Liquidation Leverage: $65,760-$64,920 What’s your view on Bitcoin? Will it continue its downward trend, or not? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥If you find it helpful, please BOOST this post and share it with your friends.

Bitcoin clarity at last! Is the bottom near?Bitcoin has finally broken down from its 3 month bear flag, an exhausting example of overlapping, drawn out, Elliot Wave 4 price behaviour. Movement down is better than ranging. This is where traders and investors give most of their money back to the market and lose confidence moving forward. Elliot wave 5 of C is underway to complete this macro retracement, yesterday marking the end of wave 3, so I am looking for one more push lower to bottom at the High Volume Node at 56k. BTC daily RSI is extremely oversold and the weekly could be printing bullish divergence also, one of the best long-term signals in Bitcoin. Safe trading

by Maddox_Metrics

IREN | Daily NASDAQ:IREN — Quan-Model Projection Extending Impulsive Advance Ahead 📈 IREN 's development remains right on schedule, continuing to unfold a Running Flat correction in Minor Wave 2, as projected. With Minute-degree subdivision ⓒ finding support on Q-Structure λ₃ and now stabilizing precisely at E-line α , a final decline is expected toward the confluence zone defined by E-lines β , γ , and φ during the next session. As previously outlined, the overall structure is now well-positioned for the projected impulsive advance of Minor Wave 3 within the Intermediate-degree uptrend (3), which continues to be projected as an extending📈 sequence. 🔖 HPQ Targets remain defined by the Q-Structures mapped across the weekly timeframe, while current momentum dynamics and structural geometry continue to favour higher continuation. #QuantumModels #TradingSetup #TechnicalAnalysis #AI #AIInfrastructure #AICloud #DataCenters #GPU #CloudComputing #HPC

by ElliottChart

ETHUSDT (Ethereum) Wave analysis ETHUSDT (Ethereum) Wave analysis As you see in video Good Luck

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by TheExpert_81

$ZEC - Don't Be Fooled Full disclosure I am 1000% a CRYPTOCAP:ZEC bull, you'll find few people who are more bullish on this asset than I am. However, the short-term price action makes it clear, price is in a correctional expanded flat, therefore we're likely to see what looks like the beginning of an impulse but is actually the final C leg of a correctional wave completing before more downside, so caution do not be fooled. So if you're Zidelined - stay there, likely you'll be able to get some for cheaper prices in the near-term, how bloody we go I am unsure, but I believe it is the perfect spring/correction to happen before we break through solidly into the 4-figure area. Wave-Count Confidence: Average Note: My short term count of i - ii may be too early, could see price hit a newer local low such as $516 before taking off. Heed my warning my fellow zillionairs, I called the last bottom and I am predicting a short-term top in the near future. But of course, I'm not selling any.

BTC Wave analysis Scenario 2 BTC Wave analysis Scenario 2 as you see in the video Good Luck

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by TheExpert_81

WTI Crude Oil As it seems after this triangle due to Elliott Wave analysis it might reach 128.81, the same length of wave A as his first target.

WTI Crude: Why a Peace Deal Might Not Sink Oil Peace-deal headlines are everywhere — so oil should be falling. It isn't. WTI is coiled in an Elliott Wave triangle, refusing to break down even as the news turns toward de-escalation. In this video I break down what the chart is actually telling us: why the triangle is the market's answer to the headlines, the difference between the risk premium leaving and the physical supply story underneath, and why one of those is a one-time event while the other is a grinding, persistent condition. We'll walk the wave structure, the two real-world triggers that decide which way this breaks, and the one caveat that could flip the whole read.

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by Alchemy Markets