Elliott Wave

Nike's stock likely bottomed for good!NYSE:NKE has finished a sharp ABC correction from the peak, dropping about 80% from its current level. A Fibonacci extension of 1 suggests that this correction may be complete. This lines up with the triangle pattern, where prices have been squeezed toward the lower edge. The stock looks heavily beaten down, but buyers could step in if the fundamentals point to future growth. From a technical view, the volume profile’s POC line is now near the value area lows, indicating the stock may be in

Gold: Can This Support Test Change the Picture?Gold is approaching a place where buyers have a reason to respond. The 4,079–4,096 area brings together two different price projections, but the September decline has yet to confirm a bottom. The interesting question is whether support can produce a recovery strong enough to challenge the recent lower highs. Until then, another bounce could leave the broader correction unresolved. This is OANDA:XAUUSD on the daily chart, in USD, updated September 29, 2026. The latest daily candle remains open.

Dollar medium term view. 29/Sept/26 DXY probably forming a long term bullish triangle but remain down trend until 2030s..Major resistance at around 103 +/-

Dollar short term view. 29/Sept/26 DXY probably forming a bullish triangle where price now at trendline resistance.

Bitcoin: Can This Pullback Set Up the Next Advance?Bitcoin is back at the area it recently broke through. The July rally reached 87,374 before retreating toward 83,500–84,500. Holding that band would be encouraging; losing it would bring a more useful test of support lower down. The next advance still has to earn its confirmation. This is BITSTAMP:BTCUSD on the daily chart, in USD, updated September 29, 2026. The September 28 completed session closed at 83,461.65, slightly below the band. September 29 remains open. The September 21 close at 86,

Silver $61 → $333: Roadmap Begins The corrective structure is nearly complete. Silver is finalizing its Intermediate Wave (2) retracement within Primary Wave 1 of Grand Supercycle Wave 5, approaching the critical 60.70–60.20 confluence zone, validated by the 0.618–0.786 Fibonacci retracement of Wave (1). Price is currently at $61, on the doorstep of the optimal entry cluster. Entry Zone : $61.00–60.20 (Wave (2) termination zone) Invalidation : Below $54.75 (origin of Wave (1)) Once Wave (2) confirms its low within this zon

Nasdaq 100: One More Push Higher, or Time for a Bigger Pause?The Nasdaq 100 is back near its September high, but the next move matters more than the fact that it has reached this area. A sustained move above 30,771 could leave room for another advance. A failed breakout would instead raise the possibility that the latest rally has already run its course. This daily-chart roadmap starts at the October 13, 2022 low. It uses the Nasdaq 100 index, NDX, rather than the Nasdaq Composite or a CFD. The reference close is 30,276.810 on September 28, 2026, from Tr

XAUUSD — Weekly Bearish Map Toward 3,850 Gold is entering next week with a heavy structure after failing to hold above the recovery zone. From Kelly’s view, the chart suggests that XAUUSD is still trading under the larger downtrend pressure, and the current price action looks more like a bearish continuation setup than a confirmed bullish reversal. The key idea is simple: gold is still below the main sell zone and below the larger downtrend structure. If buyers cannot reclaim resistance, sellers may continue to push price toward the l

by Kelly_Koou_Gold

ETH correction incoming CRYPTO:ETHUSD appears to have topped in the short term. I am expecting a pull back to support around the 2k price range before moving higher.

by TigrrTrades7

Elliott Wave View: Gold (XAUUSD) Working Through Zigzag Pattern The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the August 25, 2026 high is unfolding as a zigzag corrective structure. From the August 25 peak, wave A concluded at $4282.23, followed by a rally in wave B that terminated at $4509.59. The metal has since resumed its decline in wave C, which is subdividing into a five‑wave impulse pattern. This development highlights the continuation of corrective pressure within the broader structure. From the peak of wave B, wave

by Elliottwave-Forecast

Iran | When the Value of Money Tells the Story ⏱️ Reading Time: ~2 minutes This is not just a chart about the dollar. It is a long-term look at the changing value of the Iranian rial against the U.S. dollar. When we step back and look at USD/IRR over several decades, the scale of this move becomes difficult to ignore. But Elliott Wave asks a different question: What is the structure behind the move? On the chart, the area around 42,000 stands out as an important structural reference. The powerful move that followed raises a larger quest

by Mehdi_Abbasi_EWP

Silver: The Bullish Case Rests on the Zigzag Family ⏱️ Reading time: about 3 minutes In the bullish case, the current structure could complete with a Simple Zigzag. One reason this scenario remains structurally valid from the perspective of the Elliott Wave Principle is the alternation between corrective waves. The Wave II at the higher degree was an Extended Flat, while the current correction may develop with a sharper and different personality. From a corrective-character perspective, this combination can therefore remain consistent with the pr

by Mehdi_Abbasi_EWP

Complete Anatomical Breakdown of an Impulse Cycle Step-by-Step 🟡 GOLD – 5H | Elliott Wave Educational Series: Part 2 | Complete Anatomical Breakdown of an Impulse Cycle Step-by-Step Welcome everyone to Part 2 of our in-depth educational series on Elliott Wave Theory and pure Price Action mechanics. After covering the macro perspective and essential principles in Part 1, today we dive into an exhaustive, hands-on case study on Gold (GOLD) on the 5-hour timeframe. We will dissect the entire bullish impulse cycle from inception to completion, demonstratin

SILVER — Bullish Gartley Harmonic Pattern Silver is approaching a very interesting Bullish Gartley harmonic pattern, with price moving into the Potential Reversal Zone (PRZ) around $59–$60. This is the area I'm watching closely. Trade Setup Entry: $59.00–$60.00 TP1: $67.556 TP2: $71.00 TP3: $76.8425 TP4: $86.00 The $59–$60 area is the key PRZ. If the Bullish Gartley completes here and we get confirmation from price action, I believe this could be a very important area for Silver. What makes this setup especially interesting is the

by FreedomBuilder

Episode 09 — When Elliott Began Drawing the Boundaries 🎬 Mr. Nobody’s Chronicle Season I — The History of Elliott Wave Principle Episode 09 — When Elliott Began Drawing the Boundaries ⏱️ Reading time: ~3 minutes “If this pattern truly exists, there must be a point where it can no longer continue.” In the previous episode, we followed Ralph Nelson Elliott deeper into the world of structure. He was no longer simply watching prices move up and down. He wanted to understand something deeper. How was a large movement built from smaller movements? W

by Mehdi_Abbasi_EWP

Why Many Elliott Wave practitioners mislabel wave structures? Many Elliott Wave practitioners mislabel wave structures because traditional rules require revision. In Harmonic Elliott Wave, Ian Copsey presents One of the most compelling case for modifying R.N. Elliott's original framework beside few others.. E.g There is no truncated wave 5 etc

Crude bearish journey started Crude ready for correction wave C. ..ready for big down move ..sl 96.78..target 70/67... Superb elliot wave corrective wave C 1 nd 2 completed now ready for wave 3

Gold.. bullish laxman rekha Gold might completing their wave 2 journey.. best entry around 4084 .. fib level 81% retracement.. cmp 4135 ..sl 4065 ..Target big one.. expecting V shaped recovery might see

Gold Elliott Wave: Waiting for the Next Major Opportunity In some of the past updates, we discussed that some of the best opportunities on gold can show up when gold makes a solid pullback and, at the same time, gold volatility moves towards the lower side of its range. The reason is that when volatility starts to come down and price action slows, a lot of traders and even major players may start stepping aside and lose interest. But this is actually when traders looking for opportunities ahead of the crowd should start paying more attention. Looking

Gold: Fear or Structure?⏱️ Reading Time: ~2 minutes In the market, no structure is carved in stone. Price itself creates the structure with every move—and as its behavior changes, that structure can change with it. On the Gold chart, what matters to me is not simply where the market goes next. The real question is: What structure are the bulls and bears building? Sometimes price looks calm and corrective, while underneath it, a force is developing that could completely change the path. At other times, a structure

by Mehdi_Abbasi_EWP

HYPE: Break $98, Open $116.HYPE is currently trading around $90, just below the recent high at $98.013. That high is the immediate level that matters. The current Elliott Wave count allows for another advance in Wave (v), but the next leg higher needs confirmation through the recent high. Technical Structure The chart gives us a very defined setup: $98.013 is the breakout level. A break above that high would strengthen the current Wave (v) interpretation and open the projected upside range between approximately $9

GOLD hi i think gold have huge move to the up and grab the liquidity(green arrows) then sellers push price down to the weekly area (red arrow) OR we have sell pressure at the start and price goes for weekly demand we have one probability, when price reach in 4h supply area and grab the liquidity on effect of suddenly fundamental news going to the upside and (purple arrow) my vision for gold now in this situation is sell and any up moves is a chance to sell gold

Near/USD 4H timeframe- possibly a correction of wave 4 on the 4H There is a good chance Near is entering a wave 4 blue correction the the red box area of Fibonacci 23.6%, and 38.2% and 50% with 38.2% is where I give the most probabilities around 3.95, 4 area). Confirmation: 4.72 We need the price to move lower than 4.72 to gain more confidence about this plan. Invalidation: 5.57 If price moves higher than this point, the plan is invalid.

by Sophia-ElliottWave

Bitget (BGB): Recently Hacked, What Does The Chart Have to Say?Bitget Token is trading around $1.97, but the weekly structure remains at a critical point. The current chart does not simply project a straight move lower. Instead, it allows for a corrective bounce first, with $2.1385 and $2.5933 marked as the main upside references, before the larger downside structure resumes. Fundamental / News Catalyst The biggest recent fundamental development for BGB is the security incident affecting Bitget itself. On September 24, Bitget detected unauthorized tra