On this weekly BTC chart I’m working with a large ABC Elliott Wave structure.Wave A marks the previous cycle top, Wave B the deep corrective low, and price is now moving inside Wave C as a rising diagonal. In my view, BTC is currently building the last leg of this diagonal – the “Last Tango” […]
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AUDUSD Elliott Wave Analysis – Rising Diagonal Pattern Near CompletionOverview The AUDUSD pair has formed a clear ending diagonal pattern, signaling potential exhaustion of the current bullish trend. This structure, often seen at the final stage of an impulse wave, suggests that a corrective phase may soon follow. The diagonal appears complete with all five
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BITCOIN ( BTC/USDT ) The 5th wave of the current impulse structure is close to completion. Price action is showing exhaustion and the drop in volume is confirming that momentum is fading. At this stage, risk for longs is increasing and the probability of a corrective phase (A-B-C) is high. Traders should keep an eye
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The VIX index is finalizing an A-B-C corrective structure, with the C-leg forming as a diagonal. Price action suggests this structure is close to completion. Once the diagonal ends, the probability of a sharp upside move in volatility becomes highly likely. Why does this matter? A rising VIX reflects fear and risk aversion in the
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Bitcoin /has completed a strong impulsive leg, with the third wave pushing sharply higher on strong volume. After this extension, the market is now showing early signs of exhaustion. 📈 Wave Count Wave (3) peaked with a strong vertical move. Price is now likely transitioning into wave (4), a corrective phase. If confirmed, a retracement
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Pudgy Penguins (PENGU/USDT) has completed a clear impulsive five-wave move.After the sharp extension in wave (5), price action is now showing signs of exhaustion. 🔻 Correction Expectation The fifth wave looks complete, leaving room for a downward retracement. Key level to monitor: 0.0279 support zone. This area is the first likely target for the corrective
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Alpine (ALPINE/USDT) has been demonstrating a very strong continuation to the upside, backed by remarkable trading volume. The bullish momentum has attracted significant attention across the crypto market, and price action shows clear impulsive characteristics. However, when we examine the smaller timeframes, the structure resembles an ABC corrective wave pattern, which calls for caution in
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Gold ( XAUUSD ) Elliott Wave Analysis: Potential Wave 4 Correction Toward $3,650 The price of gold (XAU/USD) has recently shown signs of completing its third Elliott wave around the $3,720 region. According to Elliott Wave analysis for gold, this level may have marked the peak of Wave 3, and the market could now be
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The AUDCAD currency pair experienced a sharp decline on 25 September, with price action dropping aggressively from the 0.9170 zone down to the 0.9110 region. Rather than being an artificial move, the structure of the decline aligns closely with established technical factors such as resistance rejection, momentum exhaustion, and a clear continuation of the prior
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GBPJPY The GBPJPY currency pair is currently trading near critical levels. The Bank of England (BoE) keeps its policy rate steady at 4.00%, providing limited near-term support for the Pound. In contrast, the Bank of Japan (BoJ) maintains rates at 0.50%, but signals of potential future tightening could strengthen the Japanese Yen. This divergence creates
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