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Elliott Wave is a fairly common methodology, however, applying it is not easy. The admin has listed the main tips in this article for those using wave patterns to refer to: The first difficulty is that there are many patterns with various corrective wave movements such as Zigzag and Flat waves, and during the formation...
The wave structure suggests that BTCUSD may still have an upward phase in its 5-level cycle, while Gold could resume its uptrend if price is contained above $4,285 USD/oz. Oil prices may continue to correct in Q1 2026 before a strong recovery. Elliott Wave chart of Gold (XAUUSD) Elliott Wave chart of BTCUSD Elliott Wave...
Elliott Wave Counting for the VN-Index The VN-Index is rising in a Wedge pattern, while Elliott Wave theory suggests an Ending Diagonal pattern. Many stocks have entered a distribution phase. Investors should be cautious about the possibility of a sharp decline following the ED pattern. Elliott Wave Counting for MWG stock Elliott Wave Counting for...
Structure: Zigzag wave structure Zigzag wave is first of all a corrective wave (corrective wave_ has an A-B-C structure corresponding to 5-3-5 as shown below) Zigzag wave in wave A of Flat wave Position Zigzag wave is a very common corrective wave, usually recognized in the corrective wave like wave 2 and 4 of the...
Flat Wave is a type of corrective A-B-C wave that moves sideways. The specific structure is A(3)-B(3)-C(5) Position: Wave 2 or wave 4 of the impulsive wave. Trading characteristics: Flat Wave often predicts strong volatility of the next wave.
Gold: Potential to have more downside 4,140-4,160 (wave 5) Gold fell sharply from the 4,380 USD/oz area and has an impulsive wave structure. The recovery structure of wave 4 is a Flat wave, so it is forecasted that in the week of October 20-25, 2025, there will be a further decline to the center of...
To answer this question, I have been monitoring the Gold and VN-Index charts for quite some time, and I observe that the Elliott Wave structure of both XAUUSD and VN-Index are at the end of their upward waves VNINDEX: Completing the 5-Wave Elliott Wave Structure As shown in the image, VNINDEX has completed its 5-wave...
Triangle Wave – Structure First of all, a triangle wave is a wave with a structure of 5 smaller waves inside, labeled A-B-C-D-E. Although there are several types of triangle waves, such as contracting triangle, barrier triangle, or running triangle, they all must contain 5 smaller waves inside. Occurrence: Wave 4 or Wave B Real-life...
XAUUSD Gold Price Following Elliott Wave Ending Diagonal: Sell at 1897-1900 and Retrace Gold has formed an Elliott Wave pattern called the Ending Diagonal, which occurs at the end of a trend and forecasts a price decline. This pattern will be confirmed if the price rises to 1897-1900 and then retraces. Strategy for the upcoming...
