Elliottwave-Forecast.com - Official Thread w/ Analysis Blogs

Carvana Co (CVNA) Kicks Off a Fresh Bullish Cycle
May 7, 2025 By EWFAyoub
Carvana Co (NYSE: CVNA) has rebounded impressively over the past 2 years after a 98% decline between 2021 and 2022. The stock recovered most of its losses, forming a strong impulsive structure that signals further upside potential. With a continuation pattern in place, CVNA appears poised to challenge new all-time highs. This article delves into Elliott Wave analysis, uncovering bullish formations that could appeal to both investors and traders.
CVNA Weekly Chart

Elliott Wave Analysis

The weekly chart of CVNA illustrates an impulsive 5-wave move from the wave ((II)) low at $3.62. The stock surged 8000%, completing wave (I) at $292, followed by a 3-wave corrective pullback in wave ((II)), bottoming at $142.
Subsequently, CVNA initiated its next bullish phase in wave (III), aiming to break above the February 2025 peak to confirm its upward structure. Most importantly, if the stock establishes a bullish sequence, the next leg targets the Fibonacci extension range of $437 – $505. Consequently, this signals sustained bullish momentum toward new all-time highs.
Conclusion
The bullish Super Cycle for CVNA remains in progress, presenting opportunities to buy daily and weekly corrective pullbacks using our Elliott Wave strategy. The preferred approach is to enter positions after the stock completes a 3, 7, or 11 swing sequence from its peak. Additionally, utilizing our extreme Blue Box system refines entry points, providing clarity and precision in trading decisions. Explore our system to gain deeper insights into this methodology.

Discover the potential of Stocks & ETFs investing with our Exclusive 14-Day Trial.
Master the art of trading our Blue Boxes using the 3, 7, or 11 swings sequence
Access 78 instruments analyzed across 4 different time frames
Join Live Trading & Analysis Sessions hosted daily by our Expert Analysts
Enjoy 24-hour chat room support and much more
Take the opportunity to explore fresh ideas and sharpen your trading skills. Start your journey today!
Source:https://elliottwave-forecast.com/sto...bullish-cycle/

USDSGD Blue Box Setup Yields 130 Pips for Short-Term Sellers
May 7, 2025 By EWFSanmi
Hello traders and welcome to a new blog post where we discuss recent trades from the blue box. Elliottwave-forecast members took a short trade on USDSGD currency pair as one of the first trades in May 2025. Let’s look at what the setup looks like for educational purposes.
Since January 2025, the dollar has faced a significant sell-off after completing the bullish cycle from July 2023. Meanwhile, this sell-off was part of the continuation of the larger bearish cycle from September 2022. At the mature stage of the impulse sequence from January, we recommended selling dollar bounces to our members. In a clear bearish sequence, we favor selling bounces.
Meanwhile, the USDSGD pair was one of the dollar pairs exhibiting a 3/7 swing bounce. Therefore, we aimed to sell the dollar against the Singaporean Dollar (i.e., the USDSGD pair). It is important to note that selling USDSGD was based on a thorough independent analysis of the pair.
From a long-term perspective, USDSGD completed a 5-wave decline from its record high. After this 5-wave decline ended in July 2011, a 3-wave corrective cycle was expected to follow—upside in this case. The bullish corrective cycle from July 2011 completed its first leg—supercycle degree wave (a)—in March 2020. Since March 2020, the supercycle degree wave (b) has been moving lower to correct the rally from July 2011. After completing a 5-swing sequence in September 2024, the pair bounced to correct it. This corrective bounce ended in January 2025, followed by a significant sell-off primarily driven by a bearish dollar.
USDSGD Blue Box Setup: 2nd May, 2025 Update

USDSGD H1 Chart

On May 2, 2025, we identified a clear corrective bounce emerging after the price broke below the lows of April 2025. We marked the 1.2998–1.3044 range as the blue box zone where new sellers would likely appear and/or existing sellers might add to their positions. Therefore, we recommended to our members to sell the pair from this zone, with a stop slightly above 1.3044.
We anticipated taking profits within the 1.2892–1.2878 range, expecting it to be a short-term, fast trade.
USDSGD Blue Box Setup: 7th May, 2025 Update

USDSGD H1 Chart

On May 7, 2025, we shared the chart above with members (partial labels shown). The price displayed a perfect reaction from the blue box as members went short from that area. Short positions were triggered within the blue box on May 2. Subsequently, on May 5, 2025, price hit the target zone, allowing members to book 100–120 pips in profits in just five days.
What’s Next for USDSGD?
While the dollar’s bearish cycle from September 2022 remains incomplete, we intend to continue selling bounces on this pair and related pairs. We have our own method of determining when a cycle ends and another begins. When the current bearish cycle on the dollar concludes, members will be informed and can adjust their expectations while preparing for the next cycle.
About Elliott Wave Forecast
At www.elliottwave-forecast.com, we update one-hour charts four times daily and four-hour charts once daily for all 78 instruments. We also conduct daily live sessions to guide clients on the right side of the market. Additionally, we have a chat room where moderators answer market-related questions. Experience our service with a 14-day trial for only $9.99. Cancel anytime by contacting us at [email protected].
Source:https://elliottwave-forecast.com/blu...elds-130-pips/

Elliott Wave Perspective: Oil’s (CL) Rally Likely to Stall, Signaling Deeper Losses

The current market cycle for Light Crude Oil (CL), starting from its high on January 15, 2025, is unfolding as a double three Elliott Wave pattern. This technical structure suggests a corrective phase with alternating declines and recoveries. From the peak, the price dropped to 55.12, completing wave (W), followed by a rally to 65.07, marking the end of wave (X). The decline has since resumed in wave (Y), which is breaking down into a WXY pattern, indicating further downside momentum.

Within wave (Y), the initial decline, wave W, is forming as a zigzag. From the wave (X) high, the price fell to 61.53 (wave (i)), then rallied to 63.92 (wave (ii)). The decline continued in wave (iii) to 56.39, followed by a bounce to 59.87 in wave (iv). The final drop in wave (v) reached 55.30, completing wave ((a)) in a higher degree. Currently, wave ((b)) is unfolding as a zigzag, with its first leg, wave (a), reaching 60.26. A pullback in wave (b) is expected soon, followed by a rise in wave (c) to complete wave ((b)).

Looking ahead, as long as the key resistance at 65.07 holds, any rally is likely to fail after 3, 7, or 11 swings, leading to further declines. Traders should watch these levels closely for potential selling opportunities.

Oil 60 Minute Elliott Wave Chart



CL Video Analysis


Source: https://elliottwave-forecast.com/new...deeper-losses/
Get 14 days Trial --> Click Here

Constellation Energy (CEG) Elliott Wave Update: Wave V Has Likely Started
May 8, 2025 By Arman Kumar
Constellation Energy resumes its uptrend after completing wave IV. Bullish Elliott Wave structure points toward a strong wave V rally.
Constellation Energy Corporation (CEG) has completed a textbook Elliott Wave correction and appears to have resumed its bullish trend. The stock experienced a powerful advance from mid-2022, which unfolded in five clear waves, completing a higher-degree wave III around early 2024.
Following that rally, CEG entered a corrective phase. The decline unfolded in a classic three-wave structure labeled as ((A))-((B))-((C)). This correction likely ended wave IV, completing around $161.33. The internal subdivision of wave ((C)) shows a clear five-wave move down, supporting the idea that the correction is done.

Since then, the price has bounced sharply, indicating that wave V may already be underway. Early price action shows a developing five-wave structure. Wave (1) and (2) appear to be in place, and wave (3) is likely in progress. This aligns with the bullish Right Side tag on the chart.

We do not recommend selling, as the dominant trend remains to the upside. The invalidation level stands far below at $71.21. As long as the stock stays above this level, the bullish view remains valid. The dotted lines suggest a projection path for the next impulse higher, potentially targeting levels above $360 in wave V.
Our strategy is to trade in the direction of the Right Side tag and only take positions during pullbacks into blue box areas. At this stage, we favor long positions on dips, ideally in wave (2) or wave (4) of the ongoing sequence.
Summary:
In summary, the wave IV correction is likely complete, and wave V has probably started. With a strong technical structure and bullish momentum, Constellation Energy remains a high-potential name to watch in the coming weeks and months.
Explore a variety of Stocks & ETFs investing ideasby trying out our services 14 days and learning how to trade our blue boxes using the 3, 7 or 11 swings sequence. You will get access to our 78 instruments updated in 4 different time frames, Live Trading & Analysis Session done by our Expert Analysts every day, 24-hour chat room support and much more.
Source:https://elliottwave-forecast.com/sto...ikely-started/

Elliott Wave Framework Highlights S&P 500 (SPX) Bullish Impulse

The S&P 500 ($SPX) has shown significant correction since its peak on February 17, 2025, before a tariff announcement. We propose that the corrective phase, labeled as wave (II), concluded at 4823. However, for the index to confirm the end of this correction and rule out a potential double correction, it must surpass the prior wave (I) high of 6147.43. Since the wave (II) low, the SPX has embarked on an upward trajectory, characterized as a nesting impulse—a pattern where waves build momentum in a structured, upward climb.

From the wave (II) low, the rally began with wave 1 peaking at 5246.57, followed by a pullback in wave 2 to 4910.42. The index then surged in wave 3, which is unfolding in a five-wave impulse pattern on a smaller degree. Within wave 3, the first sub-wave ((i)) reached 5456.9, with a dip in wave ((ii)) to 5101.63. The index climbed again in wave ((iii)) to 5700.7, followed by a minor pullback in wave ((iv)) to 5578.64. We anticipate the index will extend higher to complete wave ((v)) of 3, followed by a wave 4 correction. Then the Index should do one final push to finish wave 5 of (1). After this, a broader correction from the April 7, 2025 low is expected in wave (2) before the uptrend resumes. As long as the 4823.5 pivot holds, any near-term pullbacks should find support in a 3, 7, or 11-swing pattern, paving the way for further gains. This analysis, rooted in Elliott Wave theory, suggests a bullish outlook for the SPX in the near term, provided key support levels remain intact.

S&P 500 (SPX) 60 Minute Elliott Wave Chart

Attached Image (click to enlarge)

SPX Video Analysis

Inserted Video

Source: https://elliottwave-forecast.com/new...llish-impulse/
Get 14 days Trial --> Click Here

Lam Research (LRCX) Elliott Wave Update: Bullish Trend Intact Despite Ongoing Correction
May 8, 2025 By Arman Kumar
Lam Research (LRCX) remains bullish despite a corrective wave IV. Elliott Wave analysis suggests further upside potential as wave V approaches.
Lam Research Corporation (LRCX) shows a strong long-term bullish trend based on Elliott Wave analysis. The multi-decade chart highlights a clear impulsive structure that began in the early 2000s. After finishing a large corrective move, labeled as cycle wave II, the stock began a steady and powerful rally.
Wave III topped with a well-defined five-wave pattern from the 2009 low. The chart shows strong momentum and clean internal subdivisions, supporting the view of an extended bullish phase. Now, Lam Research is undergoing a correction in wave IV, which appears to form a double zigzag. The corrective sequence is labeled as ((W))-((X))-((Y)).

The key support lies at $0.6604. As long as the price stays above this level, the bullish view remains valid. The chart features a Right Side tag and a clear note: “We Do Not Recommend Selling.” This signals that the trend remains up and traders should not go against it. Pullbacks like the current one offer a chance to enter at better prices, not a reason to exit.

Wave IV is still in progress, but once it completes, wave V should begin. This final leg is expected to break into new all-time highs. While exact timing is uncertain, the setup continues to favor buyers over the long run.
Explore a variety of Stocks & ETFs investing ideasby trying out our services 14 days and learning how to trade our blue boxes using the 3, 7 or 11 swings sequence. You will get access to our 78 instruments updated in 4 different time frames, Live Trading & Analysis Session done by our Expert Analysts every day, 24-hour chat room support and much more.
Source:https://elliottwave-forecast.com/sto...ng-correction/

Elliott Wave Analysis: Nasdaq 100 ETF (QQQ) Poised for Extended Impulse

The Nasdaq 100 ETF (QQQ) experienced a significant selloff following a tariff announcement, dropping from an all-time high of $540.81 to a low of $402.39 on April 7, 2025. This decline appears to be a corrective three-wave pullback, indicating that the market’s overall bullish trend remains intact. Since hitting this low, the ETF has reversed course and begun rallying, with the upward movement taking the form of a nested five-wave structure, suggesting strong bullish momentum.

From the April 7 low, wave (1) peaked at $443.14, followed by a pullback in wave (2) that bottomed at $404.44. The ETF then resumed its ascent in wave (3), which has further internal subdivisions. Within wave (3), wave 1 ended at $468.41, and wave 2 found support at $427.99. The ETF then extended higher in wave 3, which itself subdivided into smaller waves. Within wave 3, wave ((i)) reached $474.81, wave ((ii)) dipped to $462.43. Wave ((iii)) surged to $487.18, wave ((iv)) pulled back to $478.12, and wave ((v)) completed at $490.91, finalizing wave 3 of the higher degree. A corrective wave 4 then found support at $476.78.

Near term, the ETF is expected to complete wave 5, which should also conclude wave (3) of the larger structure. Following this, a corrective wave (4) is likely to retrace part of the rally from the April 9 low before the ETF resumes higher. As long as the pivot at $428 holds, any dips should find support in a 3, 7, or 11-swing pattern, supporting further upside. This analysis points to a bullish outlook for the QQQ, with potential for continued gains in the near term.

Nasdaq 100 ETF (QQQ) 60-Minute Elliott Wave Technical Chart



Video Breakdown: QQQ Technical Outlook

Inserted Video

Source: https://elliottwave-forecast.com/new...ended-impulse/
Get 14 days Trial --> Click Here

Elliott Wave Insights: Bitcoin (BTCUSD) Nearing Wave 3 Completion

Since reaching a low of $74,434 on April 7, 2025, Bitcoin (BTCUSD) has surged impressively, climbing in a five-wave impulse structure with an extended (nested) formation. This rally has unfolded in clear stages, as shown on the one-hour chart. From the April 7 low, wave (1) peaked at $86,450, followed by a pullback in wave (2) to $83,102. The cryptocurrency then soared higher in wave (3), which is breaking down into smaller impulsive waves.

Within wave (3), the first sub-wave, wave 1, hit $97,938, followed by a wave 2 dip to $93,376. The cryptocurrency then climbed to $105,706 in wave 3, with the wave 4 pullback likely wrapping up at $100,764. Looking ahead, Bitcoin is expected to continue rising in wave (5). In the near term, wave ((i)) of (5) should complete with one more upward push, followed by a pullback in wave ((ii)) before it resumes higher again. As long as the pivot at $94,496 low holds, any near-term dips should attract buyers in 3, 7, or 11 swings, setting the stage for further upside.

Bitcoin (BTCUSD) 60-Minute Elliott Wave Technical Chart

Attached Image (click to enlarge)

Video Breakdown: Bitcoin Technical Outlook

Inserted Video

Source: https://elliottwave-forecast.com/new...-3-completion/
Get 14 days Trial --> Click Here

Elliott Wave Analysis: Silver (XAGUSD) Dip Anticipated to Spark Buyer Activity

Silver’s rally from its July 4, 2025, low has unfolded as an impulsive Elliott Wave structure, completing Wave (1) at $33.67. The metal is now in a corrective Wave (2) pullback. It is characterized by a double three Elliott Wave pattern, a common corrective formation in technical analysis. From the Wave (1) peak, Wave ((a)) declined to $32.63, followed by a recovery in Wave ((b)) to $33.53. The subsequent drop in Wave ((c)) reached $31.65, finalizing Wave W of the double three structure.

A corrective rally then formed Wave X, structured as a zigzag. Within Wave X, Wave ((a)) advanced to $32.70, Wave ((b)) pulled back to $31.91, and Wave ((c)) rose to $33.25, completing Wave X at a higher degree. Silver has since resumed its decline in Wave Y. From the Wave X high, Wave ((w)) fell to $32.20, and a minor recovery in Wave ((x)) hit $33.23. As long as Silver stays below the Wave (1) high of $33.67, further downside is expected, targeting $29.90–$31.18, based on the 100%–161.8% Fibonacci extension from the April 25, 2025, high. This range may attract buyers, potentially sparking a reversal. While the $33.67 pivot holds, rallies are likely to fail in 3, 7, or 11-swing patterns, leading to further declines. Traders should watch these levels for strategic entry points.

Silver (XAGUSD) 60-Minute Elliott Wave Technical Chart

Attached Image (click to enlarge)

Video Breakdown: Silver Technical Outlook

Inserted Video

Source: https://elliottwave-forecast.com/new...uyer-activity/
Get 14 days Trial --> Click Here

Elliott Wave Update: Gold Miners (GDX) at Key Support, Set for Potential Upside Move

The Gold Miners ETF (GDX) is showing promising signs for investors as it approaches a critical support zone. Since the low on December 30, 2024, GDX has been tracing a five-wave impulse pattern. This is a hallmark of bullish momentum in Elliott Wave analysis. The first wave (wave (1)) peaked at $42.66, followed by a pullback to $38.58 in wave (2). From there, GDX surged in wave (3) to $53.25, as seen on the one-hour chart below. Currently, the ETF is in a corrective wave (4), unfolding as a zigzag pattern, which is nearing completion.

The zigzag’s wave A dropped to $46.73, with its internal structure showing five sub-waves. Wave ((i)) at $50.95, a rally to $52.99 in wave ((ii)), a decline to $47.77 in wave ((iii)), a bounce to $50.09 in wave ((iv)), and a final dip to $46.73 in wave ((v)). Wave B then rallied to $51.39, also as a zigzag, with sub-waves ((a)) at $49.1, ((b)) at $48.05, and ((c)) at $51.39. Now, wave C is underway, with wave ((i)) at $48.72, wave ((ii)) at $50.48, and wave ((iii)) at $44.45. Wave ((iv)) is expected to conclude soon, leading to a final drop in wave ((v)) to the $40.81–$44.86 blue box range.

This blue box area represents a key support zone where buying interest is likely to emerge. Investors should watch this range closely, as it could mark the end of the correction and the start of the next leg higher in wave (5). With GDX poised at this critical juncture, the setup favors taking long positions in anticipation of a bullish reversal.

Gold Miners (GDX) 60-Minute Elliott Wave Technical Chart

Attached Image (click to enlarge)

GDX Elliott Wave Technical Video


Source: https://elliottwave-forecast.com/new...l-upside-move/
Get 14 days Trial --> Click Here

Elliott Wave Analysis: Tesla (TSLA) Sustains Strong Upward Rally

The current price cycle for Tesla (TSLA), starting from its low on April 22, 2025, is unfolding as a five-wave impulse structure, a common pattern in technical analysis signaling strong directional momentum. As illustrated on the 1-hour chart, the stock has been advancing since this low, with distinct waves forming within the broader structure.

From the April 22 low, the first wave, labeled ((i)), peaked at $294.85, followed by a corrective pullback in wave ((ii)) that found support at $270.78. The stock then surged higher in wave ((iii)), demonstrating robust bullish momentum. Within this wave, the internal structure unfolded as follows: wave (i) reached $290.87, followed by a pullback in wave (ii) to $271. The rally resumed in wave (iii), pushing the price to $323.48, before a minor correction in wave (iv) concluded at $311.50. The final leg, wave (v), culminated at $351.52, completing wave ((iii)) of the broader impulse.

Subsequently, a corrective wave ((iv)) unfolded as a zigzag pattern. From the wave ((iii)) peak, wave (a) declined to $342.33, followed by a wave (b) rally to $350.56. The corrective move concluded with wave (c) at $332.29, marking the end of wave ((iv)).

Looking ahead, as long as the price remains above the key support level of $270.78, any near-term pullbacks are likely to attract buyers in a 3, 7, or 11-swing corrective pattern, setting the stage for further upside in the ongoing impulse structure.

Tesla (TSLA) 60-Minute Elliott Wave Technical Chart

Attached Image (click to enlarge)

TSLA Elliott Wave Technical Video

Inserted Video

Source: https://elliottwave-forecast.com/new...-upward-rally/
Get 14 days Trial --> Click Here

BYD Co. (1211.HK) Emerges from Correction, Resumes Strong Uptrend
May 19, 2025 By EWFHendra
About BYD: China’s Electric Vehicle Market Leader
BYD Company Limited (ticker: 1211.HK on the Hong Kong Stock Exchange) is a Chinese multinational powerhouse based in Shenzhen. Originally a battery manufacturer, BYD has emerged as the world’s leading producer of plug-in electric vehicles, surpassing Tesla by 2022. By 2023, it had sold over 3 million new energy vehicles, driven by popular models like the affordable Dolphin and its innovative Blade Battery. Recently, the stock has surged to a new all-time high within Wave (III). Below, we explore its long-term Elliott Wave trajectory.
Monthly Elliott Wave Perspective


The monthly chart for BYD displays a completed Wave (I)-(II) structure, with the current price action indicating a breakout in Wave (III)
The monthly Elliott Wave chart for BYD illustrates a strong upward trend, with the stock reaching a new all-time high within Wave (III). From its all-time low, BYD rallied impulsively in five waves, completing Wave (I) at 333, followed by a Wave (II) pullback to 161.70. The stock then continued its ascent in Wave (III) as a nest. From the Wave (II) low, Wave I peaked at 426.60, with a subsequent Wave II pullback to 309.80. As BYD continues to break to new all-time highs and remains above 161.70, further upside is anticipated.
Daily Chart Breakdown


The daily chart for BYD illustrates the ongoing progression of Wave (III), featuring nested sub-waves within its structure
The daily Elliott Wave chart for BYD illustrates the stock’s ongoing rally within Wave (III). The structure shows Wave (I) peaking at 333, followed by a Wave (II) pullback to 161.70. From there, the stock advanced in Wave ((1)) to 280.60, with a Wave ((2)) pullback to 167.80. The rally resumed in Wave ((3)) to 320.80, followed by a Wave ((4)) dip to 245.50. The final Wave ((5)) completed at 426.60, marking the end of Wave I of (III). A subsequent pullback in Wave II of (III) concluded at 309.80, and the stock has since resumed its ascent to a new all-time high. As long as the pivot low at 161.70 holds, expect pullbacks to attract buyers in a 3, 7, or 11-swing sequence, supporting further upside.
Coverage Information
We do not cover BYD (ticker: 1211.HK on the Hong Kong Stock Exchange) in our service. However, we provide coverage for U.S. stocks, indices, ETFs, forex, and commodities. Take our 14 days Trial to check our service.
Source:https://elliottwave-forecast.com/sto...trong-uptrend/

Boston Scientific (BSX): Navigating Market Trends & Price Action
May 20, 2025 By EWFRaj
Boston Scientific Corporation (BSX) develops, manufactures & markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg & Cardiovascular segments. It offers devices to diagnose & treat different medical conditions & offer remote patient management systems. It comes under Healthcare sector & trades as “BSX” ticker at NYSE.
BSX favors rally in V (as previous article) started from $85.98 low in double correction from daily blue box. It expects rally to extend at least $112.20 – $120.29 area to before next pullback starts.
BSX – Elliott Wave Latest Daily View:

In weekly sequence, it placed (II) at $24.10 low in March-2020 & II of (III) at $34.98 low in June-2022. Above there, it placed III of (III) at $107.17 high of 2.05.2025 & IV pullback at $85.98 low in daily blue box area on 4.07.2025. Within III, it ended ((1)) at $55.38 high, ((2)) at $48.35 low, ((3)) as extended wave at $91.93 high, ((4)) at $87.25 low & finally ((5)) at $101.17 high. The pullbacks of ((2)) & ((4)) are shallow in III, which indicates the strong bullish sequence.
BSX – Elliott Wave View From 4.14.2025:

In IV pullback, it placed ((W)) at $93.29 low, ((X)) at $104.35 low & ((Y)) ended at $84.01 low in blue box area. We recommended long position from blue box area against $81.78 low, which reacted higher. Buyers are already having risk free longs, looking for more upside, once it breaks above $107.17 high. Within rally in ((1)), it ended (1) at $95.05 high, (2) at $86.77 low & favors rally in (3) towards $106.66 – $108.18 area before pullback in (4). It expects further upside in nine swings to finish the ((1)) of V, which may break to new high in daily, before larger pullback. Above daily high, we like to buy the pullback in 3, 7 or 11 swings at extreme area.
Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $9.99.
Source:https://elliottwave-forecast.com/sto...-price-action/

EQT Corporation Weekly Bullish Sequence Targets $76
May 20, 2025 By EWFAyoub
EQT Corporation (NYSE: EQT) found a strong buying opportunity in the 2023 Blue Box Area, allowing the stock to resume its rally toward new all-time highs. Moreover, in today’s article, we explore the Elliott Wave structure, highlighting potential paths and targets for its continued bullish momentum.
EQT Weekly Chart


Elliott Wave Analysis
The weekly chart of EQT highlights its advance from the 2020 low, with wave (I) peaking at $51.97, followed by a 3-wave pullback in wave (II) that ended at $28.11. After that, the stock confirmed a bullish sequence by reaching new all-time highs, signaling the continuation of wave (III).
Currently, EQT is progressing through a 5-wave advance from its 2023 low, steadily approaching the 61.8% Fibonacci extension zone at $57.75 – $64.74, where wave I of (III) could complete. Moreover, once this level is reached, a wave II pullback is expected, providing a buying opportunity in 3, 7, or 11 swings. Furthermore, the stock remains supported, with the next upside target aiming for the equal legs area between $76 – $105.
Conclusion
The bullish Grand Super Cycle for EQT continues, creating opportunities to buy daily and weekly corrective pullbacks using our Elliott Wave strategy. The best approach involves entering after the stock completes a 3, 7, or 11 swing sequence from its peak. Moreover, our extreme Blue Box system improves precision, helping traders identify entry points with clarity and confidence.
Explore our system to gain deeper insights into this methodology.
Unlock the power of Stocks & ETFs investing with our Exclusive 14-Day Trial!
Master Blue Box trading using the 3, 7, or 11 swing sequence
Access 78 instruments analyzed across four time frames
Join live trading & analysis sessions hosted daily by expert analysts
Enjoy 24-hour chat support and much more
Don’t miss this chance to refine your strategy and gain fresh insights. Start your journey today!
Source:https://elliottwave-forecast.com/sto...lish-sequence/

Elliott Wave Analysis: Market Recap ES_F, Gold, BTC and More
May 20, 2025 By EWFLuis
Hello Traders! Today, we’re taking a closer look at market trends and price movements using Elliott wave view and Fibonacci. Instead of analyzing financial instruments separately, we will examine them as a whole. When one asset moves, it often signals extensions or reversals in others. As a result, tracking these connections helps us predict market pullbacks more accurately across various instruments and markets.
Furthermore, we will apply Elliott Wave Analysis conservatively and use Fibonacci clusters to refine our projections. By combining these techniques, we aim to offer valuable insights, allowing traders to make informed decisions with more confidence. Additionally, this approach provides a broader perspective, making it easier to navigate changing market conditions.
Moreover, analyzing all financial instruments together enhances forecasting accuracy. Because the movement of one asset frequently impacts others, we can anticipate market shifts with greater precision. In addition, understanding these relationships allows traders to identify pullbacks early and adjust their strategies accordingly.
Similarly, we will analyze ES_F, DAX, and NIKKEI to gain deeper insights into the market structure. At the same time, we will examine the price actions of gold, Bitcoin, and the dollar, as they provide key signals for predicting future movements. Consequently, by recognizing these correlations, traders can refine their strategies and make well-informed decisions about market trends.
Elliott Wave Video Analysis 5.19.2025
https://elliottwave-forecast.com/wp-...p.5.19.mp4?_=1

Transform Your Trading with Elliott Wave Forecast!
Ready to take control of your trading journey? At Elliott Wave Forecast, we provide the tools you need to stay ahead in the market:
Hourly Updates: Fresh 1-hour charts updated 4 times a day and 4-hour charts updated daily for 78 instruments.
Blue Boxes: High-frequency trading zones, calculated using sequences, cycles, and extensions. These areas pinpoint ideal setups for smarter trades.
Live Sessions: Join our daily live discussions and stay on the right side of the market.
Real-Time Guidance: Get your questions answered in our interactive chat room with expert moderators.

Exclusive Offer: Start your journey with a 14-day trial for only $9.99. Gain access to exclusive forecasts and Blue Box trade setups. No risks, cancel anytime by reaching out to us at [email protected].
Source:https://elliottwave-forecast.com/vid...-market-recap/

Awesome. Thank you.

Elliott Wave Analysis: EURUSD 5-Wave Rally Confirms Bullish Trend

The short-term Elliott Wave analysis for EURUSD indicates that the correction from the April 21, 2025, high has concluded with wave (4) at 1.1059. From the wave (3) peak, the decline unfolded as follows: wave W ended at 1.1265, wave X at 1.1381, and wave Y, structured as a zigzag, completed at 1.1059. Within wave Y, wave ((a)) reached 1.1196 and wave ((b)) hit 1.1292. Wave ((c)) lower concluded at 1.106, finalizing wave Y of (4). The pair has since turned upward in wave (5).

From the wave (4) low, the rally in wave ((i)) is developing as a five-wave diagonal pattern. Wave (i) peaked at 1.1265, followed by a pullback in wave (ii) to 1.1128. Then wave (iii) advanced to 1.1288, and wave (iv) retraced to 1.1215. Wave (v) is expected to conclude soon, completing wave ((i)) in a higher degree. Subsequently, a pullback in wave ((ii)) should correct the cycle from the May 13, 2025, low before the pair resumes its upward trend. As long as the 1.106 pivot low holds, any near-term pullback is likely to attract buyers in a 3, 7, or 11-swing pattern, supporting further upside.

EURUSD 60-Minute Elliott Wave Technical Chart

Attached Image (click to enlarge)

EURUSD Elliott Wave Technical Video

Inserted Video

Source: https://elliottwave-forecast.com/new...bullish-trend/
Get 14 days Trial --> Click Here

GOLD (XAUUSD) Elliott Wave : Buying the Dips at the Blue Box Area
May 21, 2025 By EWF Vlada
Hello traders. As our members know, we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in GOLD. The commodity has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave Forecast and explain the logic behind the trading setup in detail.
GOLD Elliott Wave 4 Hour Chart 05.12.2025
The pull back looks incomplete at the moment. The price action suggests that GOLD is still doing a correction in the form of a double three (WXY) structure. We expect another leg down toward the 3136.56 area, where we are looking to re-enter as buyers. As the main trend remains bullish, we anticipate at least a three-wave bounce from the Blue Box area. We recommend members avoid selling GOLD. Once the price reaches the 50% Fibonacci retracement against the red X connector, we’ll make the position risk-free by moving the stop loss to breakeven and booking partial profits.
Did you know ? 90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test
Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.


GOLD Elliott Wave 4 Hour Chart 05.12.2025

GOLD has made another wave down and completed 7 swings pattern at the Blue Box area. The commodity found buyers as expected, making decent bounce. Consequently, any long positions from the Blue Box should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits.
Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.

Elliott Wave Forecast

At Elliott Wave Forecast, we track and analyze 78 instruments daily — but remember, not every chart is a direct trading signal.
For real-time, actionable trades, join our Live Trading Room, where we guide you through clear, professional setups every day.
Not a member yet? Now’s the perfect time, we have limited time Promo Offer :
Unlock full access with our 14-day Trial for just $0.99!
Here’s what you’ll get:
Official Trading Signals — with clearly defined Entry, Stop Loss, and Take Profit levels based on our proven strategy.
Live 24 Hour Chat Room Access — ask unlimited questions and get expert support during trading hours (Monday–Friday).
Expert Analysis — real-time updates across Forex, Stocks, Indices, Commodities, Cryptos, and ETFs.
Hands-on Learning — sharpen your trading skills with direct mentorship from seasoned market analysts.
Whether you’re an experienced trader or just getting started, Elliott Wave Forecast provides the tools, strategies, and support you need to trade with confidence.
Interested in joining us? View pricing and plans.
14 Days Trial Click here to start your Trial today!
Free Elliott Wave Educational Page : Click here to learn more
Source:https://elliottwave-forecast.com/com...t-wave-buying/

Elliott Wave Analysis Indicates Persistent Selling Pressure for Ten Year Treasury Notes (ZN)

The decline in Ten-Year Treasury Notes (ZN) from the high on July 4, 2025, is unfolding as a double three Elliott Wave structure, signaling potential bearish momentum. From that peak, wave (W) completed at 109’08, followed by a corrective rally in wave (X) that topped at 112’02. The Notes have since turned lower, approaching a critical level below the wave (W) low of 109’08. A break below this level would confirm a bearish sequence, strengthening the case for further downside.

Within the ongoing wave (Y), the decline from the May 1, 2025, peak currently exhibits a five-wave impulsive structure, favoring continued downward pressure. From the wave (X) high, the initial decline in wave ((i)) ended at 110’27. A corrective rally in wave ((ii)) then followed peaking at 111’22. The Notes then extended lower in wave ((iii)), reaching 109’18, with a subsequent bounce in wave ((iv)) concluding at 110’21.

Currently, wave ((v)) is unfolding, structured as another five-wave sequence in a lesser degree. From the wave ((iv)) high, wave (i) ended at 109’20, and wave (ii) rallied to 110’14. As long as the pivot high at 112’21 remains intact, expect further downside in the Ten-Year Treasury Notes, with potential for increased volatility as the bearish structure develops.

Ten Year Notes (ZN) 60-Minute Elliott Wave Technical Chart



ZN Elliott Wave Technical Video

Inserted Video

Source: https://elliottwave-forecast.com/new...sury-notes-zn/
Get 14 days Trial --> Click Here

Alphabet Inc. $GOOGL Extreme Areas Offering Buying Opportunities
May 21, 2025 By EWFTaha
Hello everyone! In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the May 7, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.
5 Wave Impulse Structure + ABC correction

$GOOGL 1H Elliott Wave Chart 5.18.2025:

In the 1-hour Elliott Wave count from May 18, 2025, we saw that $GOOGL completed a 5-wave impulsive cycle at black ((i)). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers.
This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend.
$GOOGL 1H Elliott Wave Chart 5.19.2025:

The recent update, from May 19, 2025, shows that the stock bounced as predicted. Currently, it is trading higher in wave ((iii)) looking for continuation higher towards 180–200 area before another pullback can happen.
Conclusion
In conclusion, our Elliott Wave analysis of Alphabet Inc. ($GOOGL) suggests that it remains supported against May 2025 lows. As a result, traders should buy the dips and monitor the $180–$200 zone as the next potential target. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets.
Elliott Wave Forecast
We cover 78 instruments, but not every chart is a trading recommendation. We present Official Trading Recommendations in the Live Trading Room. If not a member yet, Sign Up for 14 days Trial now and get access to new trading opportunities.
Welcome to Elliott Wave Forecast!
Source:https://elliottwave-forecast.com/sto...opportunities/