Pitchforks
XRP Looks ready for $1.93The current symmetrical bull pennant priceaction is at the apex of seems likely to break upward. The current candle is slightly above the top trendline, and the stochrsi is just now climbing back out of the oversold zone with plenty of room to move upward. We also have the bullish confluence of the fact that both the current pennant and the bullflag we broke up from a week or few back have the exact same measured move target right around $1.93/ All good indications that a validated breakout is a
Elliott wave analysis of SPXDaily candles with repeated lower highs and lower lows since ATH on 13 August 2026.
With today's low, which broke high of 15 June, impulse wave of lower degree has been invalidated (red count).
Ending diagonal wave (5) of ((5)) remains in play above support of 7433.65.
Wave (1) > (3) > (5), price should not exceed 8151.54. For price to tag median line, looking for new highs before ~ midterm elections (3 November 2026).
3-4:1 reward/risk for long position above 7433.64.
EURUSD: Long ideaWe can see a bull pennant formation in H4 Chart on EURUSD. There is a clear flag post (bull move) up, then price is now consolidating inside a falling wedge. The support i held below twice (two green arrows on the chart) and from the top, there is a descending trend line. The probability of such a setup breaking upwards is higher than breaking downwards. Invalidation would be the break of support line, supported by green arrows.
Disclaimer: This is for information purpose only and not an inves
Elliott wave analysis for US500This count has wave (4) of ((5)) complete, wave (5) of ((5)) in progress.
Wave (1) overlaps with wave (4), so this count considers wave ((5)) an ending diagonal.
Wave (5) needs to be shorter than wave (3), so count is valid with wave (5) finish below 8169.2. For wave (5) to be valid and tag median line, top should form before end of October 2026 (mid-November if viewed on daily timeframe).
This week's low could go lower next week, and this count would still be valid. Wave (4) just needs to fi
ZEC finally heading to the full bullish pennant breakout target.ZEC broke upward from the bullish pennant long ago and is only just now getting close to the full target at 936l in doing so it has also risen above a c&h neckline with an even higher target. If this sudden bullish trend reversal doesnt end up result in lower highs for cryptos then it should hit both targets in the not so distant future. *not financial advice*
Bitcoin appears to be breaking upward from bullish pennant. The most important thing to secure in the current bullish impulse happening on bitcoin is simply just securing a higher high for the current bullish trend. All price action has to do to secure that higher high is reach around 83k or so and go above this green horizontal trendline. However, should bitcoin decide it’s going to hit the full breakout target of the bullish pennant it appears to be breaking upward from at the moment, that could take it all the way to the full breakout target of $96,20
Elliott wave analysis of ES1! (US500)I still anticipate a final move towards 8000 to tag the median line and complete the impulse from October 2022 low.
Wave 4 of (5) can finish anywhere above 7438.50. Any move below 1 June high of 7632.25 would turn wave (5) into a diagonal.
Count valid above 7438.50, below 8241.25.
Gold. will continue surging after breakout? 20/August/26Xauusd's major downtrend line for many months finally broken after US Dept of Treasury said it will increase at least double! the size to buyback = QE! What will happen to Gold and Equity market soon? by next Fed next rate decision on Mid of Sept?
Elliott wave analysis for NAS100.I wanted to focus on the corrective structures that have occurred after the October 2022 bottom.
Liberation Day gave us a zigzag, truncated C wave and sharp reversal to the upside.
5 months of price action from October 2025-March 2026 gave us a regular flat, ending diagonal C wave, and sharp reversal upward.
June-July 2026 could be interpreted as another regular flat, but I am suspicious of two flats in a row. With the law of alternation, two flats would need to be interpreted as a 1/2, 1/2 r
Natural Gas coils under SMA 200. What’s next?Natural Gas coils under SMA 200. What’s next?
Natural Gas is trading near $2.77, stuck inside a tightening range after recovering from the $2.68 support area.
The interesting part is that price is not falling anymore, but it is also not strong enough to break higher. Buyers keep defending dips, while sellers continue to appear near $2.80–2.82, where the SMA 200 and the upper side of the pattern are located.
The macro picture explains this compression.
Hot US weather supports short-term deman
Elliott wave analysis for NAS100.28187.2 held as support on 17 July, consistent with a diagonal (red ellipse). However, price action from that bounce does not appear impulsive, but rather a double three (W is zigzag, Y is regular flat).
Given this development, I see two possible scenarios:
1) 28187.2 holds as support and price goes for a (c) wave towards 30000, or
2) 28187.2 breaks on volume and confirms that the red ellipse is
a leading rather than an ending diagonal, suggesting price to go lower quickly, with targets includi
DFMREI : Is Downtrend Over ?DFM:DFMREI (Dubai Financial Markets Real Estate Index)
📉 Is the Downtrend Over? Reverse Fibonacci Suggests Another Leg Lower ⚠️
After rejecting from the 16.8k trendline resistance, the market continues to respect its broader bearish structure.
Here's what the chart is telling us:
🔹 The previous impulse moved from a 13k swing low to a 16.8k swing high, which also aligned perfectly with a major descending trendline resistance. Applying a Reverse Fibonacci Extension projected the 10.6k zone as
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