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

$NFLX Elliott Wave Forecast: Incomplete Bullish Sequence Points to 115–130

In this Elliott Wave update, we take a look at the latest structure in Netflix Inc. ($NFLX). The stock continues to show an incomplete bullish sequence, which suggests that higher prices should still be seen before the current move is finished. As a result, the next upside area to watch comes at 115–130. Moreover, a break to new all-time highs would confirm that a new bull cycle is taking place.
5 Wave Impulse
$NFLX 4-Hour Elliott Wave View

Looking at the 4-hour chart, $NFLX appears to have completed a meaningful low on 2/23 at 75.11 and then turned higher in a clear impulsive structure. From that low, the stock has continued to build a series of higher highs and higher lows, which supports the bullish outlook.
More importantly, the rally does not appear complete yet. Instead, the current structure suggests that the stock still trades within an unfinished upside sequence. In other words, buyers remain in control, and the market likely needs more upside before the cycle fully matures.
Incomplete Bullish Sequence Remains in Place
At this stage, the advance from the recent low is unfolding in a constructive Elliott Wave pattern. Pullbacks have remained corrective, while each dip has continued to attract buyers. Consequently, the broader sequence still favors higher prices rather than a larger bearish reversal.
This matters because an incomplete bullish sequence often points to continuation in the direction of the trend. Therefore, until the sequence finishes or the structure breaks down, the preferred path remains higher.
Upside Target at 115–130
Based on the current wave structure, $NFLX is expected to extend toward the 115–130 region. This area marks the next important upside zone as the bullish sequence continues to unfold.
Although short-term pullbacks can still happen along the way, they should remain corrective while the stock continues to trade within this bullish pattern. For that reason, dips are more likely to be viewed as part of the ongoing advance rather than as signs of a completed top.
New All-Time Highs Would Confirm a New Bull Cycle
Perhaps most importantly, a push into new all-time highs would provide strong confirmation that a new bull cycle is taking place. That would show the stock is not simply bouncing within a larger corrective structure. Instead, it would signal that $NFLX has entered a fresh higher-degree bullish phase.
Accordingly, traders should keep a close eye on how price behaves as it approaches prior record highs. If that level breaks decisively, the bullish case would strengthen further and support the view that a larger cycle to the upside has already started.
Near-Term Outlook
For now, the path of least resistance remains higher. While the market can still produce short-term pauses or pullbacks, the overall sequence remains constructive and incomplete. As long as the current structure stays intact, the bullish view should remain favored.
Meanwhile, the chart also shows an invalidation level at 75.11. As long as $NFLX stays above that level, the current wave count remains valid and the upside targets remain in focus.
Technical Summary
To summarize, $NFLX continues to show an incomplete bullish sequence, which keeps the upside path favored. The next important target area comes at 115–130, and a break to new all-time highs would confirm that a new bull cycle is taking place.
Therefore, while short-term pullbacks can still occur, the broader structure continues to support additional upside as long as the bullish sequence remains intact.
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.

Elliott Wave View: Nvidia (NVDA) Rally Resumes – Path Toward All‑Time Highs

From its all‑time high on October 29, 2025 at $212.19, Nvidia (NVDA) began a pullback to correct the cycle that started from the April 2025 low. The decline reached $164.27, where the stock completed the correction and turned higher with improving momentum. The advance from the March 30, 2026 low is developing as a five‑wave impulsive structure, and this supports the view that NVDA is preparing for a new record high. Wave 1 ended at $177.37. Wave 2 then pulled back and finished at $170.23, as shown on the 30‑minute chart.

The stock has since progressed into wave 3, which subdivides into another five‑wave sequence in a lower degree. From the wave 2 low, wave ((i)) ended at $190. The pullback in wave ((ii)) concluded at $185.14. Wave ((iii)) extended higher and reached $200.4, confirming the strength of the current cycle. NVDA is expected to produce additional legs higher to complete the full five‑wave advance from the March 30, 2026 low. Once that structure finishes, the stock should enter a corrective phase to consolidate the move before the broader trend resumes.

In the near term, the bullish outlook remains valid as long as the pivot at $170.23 stays intact. Dips should continue to attract buyers in either a three‑swing or seven‑swing corrective pattern. This supports the case for further upside as the larger impulsive sequence continues to unfold.

Nvidia (NVDA) 30-Minute Elliott Wave Chart

Attached Image (click to enlarge)

NVDA Elliott Wave Video:

Inserted Video

Source: https://elliottwave-forecast.com/new...ll-time-highs/

Elliott Wave Outlook: Dow Futures (YM) On Course for Breakout to Fresh Highs

Dow Futures ended the correction against the cycle from the April 2025 low at 45,065, which we identify as wave (2). From that level, the Index began to rally higher in wave (3). To confirm the bullish sequence, it must break above the prior wave (1) peak at 50,611. Such a move would eliminate the risk of a double correction. Importantly, other major indices such as the S&P 500 (SPX) and Nasdaq 100 (NQ) have already registered new highs, which reduces the probability of Dow Futures forming a double correction.

From the wave (2) low, wave ((1)) advanced to 47,090. A subsequent pullback in wave ((ii)) found support at 46,076. The Index then nested higher, with wave (i) ending at 46,987 and wave (ii) retracing to 46,362. Momentum carried wave (iii) to 48,555, followed by a measured pullback in wave (iv) to 47,534. One more leg higher is expected to complete wave (v) of ((iii)). Afterward, the Index should correct the cycle from the April 2 low in wave ((iv)) before resuming its upward trajectory. Near term, the pivot at 45,065 remains critical. As long as this level holds, dips are expected to attract buyers. Support should emerge in three, seven, or eleven swing sequences, reinforcing the broader bullish outlook.

Dow Futures (YM) 60-Minute Elliott Wave Chart

Attached Image (click to enlarge)

YM Elliott Wave Video:


Source: https://elliottwave-forecast.com/new...o-fresh-highs/

CHFJPY Achieves New Highs from Blue Box Zone

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of CHFJPY. In which, the rally from September 2024 low is unfolding as an impulse sequence. Therefore, called for more upside to take place. We knew that the structure in the pair should remains incomplete & should see more upside. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:
CHFJPY 4-Hour Elliott Wave Chart From 3.31.2026


Here’s the 4-hour Elliott wave Chart from 3.31.2026 update. In which, the rally to 204.01 high completed wave ((1)) & made a pullback in wave ((2)). The internals of that pullback unfolded as Elliott wave double correction where wave (W) ended at 199.47 low. Then a bounce to 202.49 high-ended wave (X) & started the (Y) leg lower towards 197.97- 195.18 blue box area. From there, buyers were expected to appear looking for new highs ideally or for a 3-wave bounce minimum.
CHFJPY Latest 4-Hour Elliott Wave Chart From 4.20.2026


This is the latest 4-hour Elliott wave Chart from the 4.20.2026 update. In which the pair is showing a strong reaction higher taking place, right after ending the double correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. Since than the pair has already made a new high above previous wave ((1)) high confirming the next leg higher towards 205.51- 207.92 initial target area before profit taking & next pullback unfolds.
If you are looking for real-time analysis in CHFJPY along with the other forex pairs then join us with a 14-Day Trial for the latest updates & price action.
Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.
Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

Johnson & Johnson (JNJ) Forecast: Buyers Should Enter Between 227.8 – 215.8 Area

Johnson & Johnson (JNJ) engages in research & development, manufacture & sale of range of products in the healthcare sector worldwide. It operates through Innovative Medicine & MedTech. It comes under Healthcare sector & trades as “JNJ” at NYSE.
The JNJ favors rally in bullish sequence from January-2025 low. Currently, it favors double correction lower in ((4)) & find support between $227.8 – $215.82 area to rally higher. Buyers will enter into that area for at least 3 swings bounce.
JNJ – Elliott Wave Latest Daily View:

In weekly, it ended (I) impulse at $186.69 high in April-2022 & (II) correction at $140.68 low in January-2025. The pullback in (II) as choppy double three structure. Within (II), it ended w at $150.11 low, x at $175.97 high & y at $140.68 low. Above April-2025 low, it ended ((1)) of I at $169.99 high, ((2)) at $141.50 low, ((3)) at $251.71 high & favors pullback in ((4)) in 3 or 7 swings (or triangle) correction. It is showing extended ((3)) sequence. In ((3)), it ended (1) at $159.44 high, (2) at $146.12 low, (3) at $215.19 high, (4) at $200.91 low & (5) at $251.71 high.
JNJ – Elliott Wave Daily View From 3.16.2026:

Below $251.71 high, it favors 7 swings pullback in ((4)) to correct against April-2025 low. In ((4)), it ended (W) in 3 swings at $232.24 low, (X) at $247.21 high & favors lower in (Y). It broke below (W) low, favoring downside into $227.8 – $215.82 area to finish ((4)). Buyers can look for long entry in blue box area for next rally. Once it ends ((4)) in blue box area, it expects rally targeting above $259 to extend January-2025 sequence. We do not like selling it in any pullback as overall bias is bullish & close to find support.
JNJ is not the part of regular service at EWF. But we provide time to time updates on instruments under blog section. 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 $0.99 (limited time offer). Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.

GBPUSD : Trading With the Wave Count and Banking +88 Pips (+4%)

April 13 2026 we advised EWF members that the GBPUSD pair was in a bullish wave count and that a move higher was coming.
GBPUSD 1 Hour Chart London Update April 13 2026 (Bullish Wave Count)
On April 13 2026 I entered the BUY trade when GBPUSD tapped the 1H FVG (Gray). Visible bullish signals, before the buy entry, was the bullish divergence pattern (Red) and the break above CHoCH level (Black) signalling more upside.
GBPUSD 15 Minute Chart April 13 2026
GBPUSD moves higher and on April 13 2026 price hits the 4R target at 1.3510 from 1.3422 and I closed the buy trade for +88 pips (+4% gain risking 1% on every trade)
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
At Elliottwave-Forecast we cover 78 instruments (Forex, Commodities, Indices, Cryptos, Stocks and ETFs) in 4 different time frames and we offer 5 Live Session Webinars everyday. We do Daily Technical Videos, Elliott Wave Trade Setup Videos and we have a 24 Hour Chat Room. Our clients are always in the loop for the next market move.
Try Elliottwave-Forecast for 14 days !!! Just click here –> 14 day trial

EURUSD Elliott Wave Forecast: Support Seen Near 1.165

The rally in EURUSD from the March 14, 2026 low is unfolding as a clear five‑wave impulsive Elliott Wave structure. Wave 1 concluded at 1.164, followed by a corrective pullback in wave 2 that ended at 1.144. The advance in wave 3 reached 1.185, which aligns precisely with the 161.8% Fibonacci extension of wave 1. This measured extension reinforces the probability that another leg higher remains possible, ultimately completing wave 5 and confirming the impulsive sequence.

The internal subdivision of wave 3 developed as another impulsive structure of lesser degree. From the termination of wave 2, wave ((i)) ended at 1.1627, while the corrective dip in wave ((ii)) found support at 1.1505. The pair then extended higher in wave ((iii)) toward 1.172, before a modest pullback in wave ((iv)) concluded at 1.1643. The final leg, wave ((v)), carried prices to 1.185, thereby completing wave 3 in the higher degree count. This precise subdivision underscores the integrity of the impulsive structure and provides clarity for the ongoing correction.

Currently, the market is engaged in a wave 4 pullback, unfolding as a zigzag Elliott Wave structure. From the wave 3 peak, wave ((a)) ended at 1.1729, while wave ((b)) retraced higher to 1.179. The final leg, wave ((c)), is expected to terminate within the 1.159–1.167 zone. This area represents a typical corrective target and should attract buyers, setting the stage for renewed upside momentum. As long as the pivot at 1.144 remains intact, the broader outlook favors continuation higher once the correction completes, supporting the case for a sustained bullish trend.

EURUSD 60-Minute Elliott Wave Chart

Attached Image (click to enlarge)

EURUSD Elliott Wave Video:

Inserted Video

Source: https://elliottwave-forecast.com/new...en-near-1-165/

EURUSD Elliott Wave Forecast: Support Seen Near 1.165

The rally in EURUSD from the March 14, 2026 low is unfolding as a clear five‑wave impulsive Elliott Wave structure. Wave 1 concluded at 1.164, followed by a corrective pullback in wave 2 that ended at 1.144. The advance in wave 3 reached 1.185, which aligns precisely with the 161.8% Fibonacci extension of wave 1. This measured extension reinforces the probability that another leg higher remains possible, ultimately completing wave 5 and confirming the impulsive sequence.
The internal subdivision of wave 3 developed as another impulsive structure of lesser degree. From the termination of wave 2, wave ((i)) ended at 1.1627, while the corrective dip in wave ((ii)) found support at 1.1505. The pair then extended higher in wave ((iii)) toward 1.172, before a modest pullback in wave ((iv)) concluded at 1.1643. The final leg, wave ((v)), carried prices to 1.185, thereby completing wave 3 in the higher degree count. This precise subdivision underscores the integrity of the impulsive structure and provides clarity for the ongoing correction.
Currently, the market is engaged in a wave 4 pullback, unfolding as a zigzag Elliott Wave structure. From the wave 3 peak, wave ((a)) ended at 1.1729, while wave ((b)) retraced higher to 1.179. The final leg, wave ((c)), is expected to terminate within the 1.159–1.167 zone. This area represents a typical corrective target and should attract buyers, setting the stage for renewed upside momentum. As long as the pivot at 1.144 remains intact, the broader outlook favors continuation higher once the correction completes, supporting the case for a sustained bullish trend.
EURUSD 60-Minute Elliott Wave Chart


EURUSD Elliott Wave Video:

Elliott Wave View: Russell (RTY) Extends Higher in Impulsive Advance

Russell Futures (RTY) completed its correction against the cycle from the April 2025 low on March 31. Since then, the Index has advanced decisively, reaching new all‑time highs while unfolding in a clear impulsive Elliott Wave structure. From the March 31 low, wave 1 terminated at 2557, followed by a measured pullback in wave 2 which ended at 2467.8. The subsequent rally developed into wave 3, itself subdividing into five waves of lesser degree, confirming the impulsive character of the advance.

From wave 2, wave ((i)) concluded at 2674.5, while the retracement in wave ((ii)) found support at 2591.8. The Index then extended higher in wave ((iii)), reaching 2828.7. A corrective phase in wave ((iv)) completed at 2760.7. With this structure, expectations remain for a few additional highs to finalize waves 3, 4, and 5. Completion of these movements should mark the end of wave (1) in higher degree, thereby concluding the cycle from March 31. Afterward, a larger corrective phase is anticipated to adjust the cycle before the next sustained leg higher unfolds. In the near term, as long as the pivot at 2469.4 holds, dips should attract buyers. These retracements are expected to occur in sequences of three, seven, or eleven swings, offering opportunities for further upside participation.

Russell Futures (RTY) 60-Minute Elliott Wave Chart

Attached Image (click to enlarge)

RTY Elliott Wave Video:

Inserted Video

Source: https://elliottwave-forecast.com/new...lsive-advance/

World Indices and War: Crash or an Opportunity?

On Tuesday, 21st April 2026, we conducted a Free Webinar about World Indices and the Middle East War and whether it would result in a crash or presents another opportunity.
Topics Covered
1)Elliott Wave Cycle Degrees
2)Elliott Wave Structures (5 waves, Nest, ABC Pull back)
3)World Indices – Where we were before the war
4)World Indices – Where we are right now
5)What is Next?
6)Reason Behind our view
[Recording] World Indices and War: Crash or an Opportunity

Elliott Wave View: Nasdaq 100 ETF (QQQ) Nearing Completion of Wave 5 Advance

The Nasdaq‑100 ETF (QQQ) concluded its corrective phase against the cycle from the April 2025 low at $555.50. Since that point, the instrument has advanced in a clear five‑wave impulsive Elliott Wave structure, signaling renewed strength in the broader trend. From the March 31 low, wave 1 terminated at $587.74, followed by a modest pullback in wave 2 that ended at $571.68. After this retracement, the ETF extended higher in wave 3, which itself unfolded as an impulsive sequence of lesser degree.

Within wave 3, wave ((i)) reached $590.61, while the subsequent pullback in wave ((ii)) ended at $578.40. The rally then accelerated, with wave ((iii)) advancing to $650.59 before wave ((iv)) corrected to $642.21. The final leg, wave ((v)), concluded at $656.92, thereby completing wave 3 in higher degree. A corrective wave 4 followed, ending at $645.52.

Looking ahead, the ETF is expected to extend higher once more to complete wave 5. This move should also finalize wave (1) in higher degree, marking the end of the cycle from the March 31 low. Afterward, a larger‑degree pullback is anticipated to correct the entire rally before the upward trend resumes. In the near term, as long as the pivot at $571.68 remains intact, the bullish outlook favors continued extension higher.

Nasdaq 100 ETF (QQQ) 45-Minute Elliott Wave Chart

Attached Image (click to enlarge)

QQQ Elliott Wave Video:

Inserted Video

Source: https://elliottwave-forecast.com/new...ave-5-advance/

Elliott Wave View: NIFTY Completes Correction, Sets Stage for Bullish Rally

Nifty completed its correction from the June 2022 low with a running flat structure at 22174.2, labeled as wave II. From this pivot, the Index advanced into wave III. To confirm the bullish sequence, it must break above the January 5, 2026 high at 26373.2. Without that decisive move, the risk of a double correction remains. Yet with the S&P 500, Nasdaq 100, and Russell 2000 all reaching new all-time highs, the probability of such a scenario has diminished. The April 2, 2026 low at 22174.2 now stands as a more reliable base.

The rally from wave II unfolded in a clear impulsive Elliott Wave structure. Wave 1 ended at 22798.25, followed by a corrective wave 2 that terminated at 22542.95. The Index then surged in wave 3 to 24400.95. A modest dip in wave 4 concluded at 24096.05. The final leg, wave 5, extended to 24601.7, completing wave (1) of higher degree. At present, wave (2) is unfolding as a corrective phase. This retracement addresses the cycle from the April 2, 2026 low before the next upward advance resumes. As long as the pivot at 22174.2 remains intact, buyers should continue to emerge. The correction is expected to unfold in either three or seven swings, setting the stage for renewed strength and further upside in the broader trend.

Nifty 60-Minute Elliott Wave Chart

Attached Image (click to enlarge)

Nifty Elliott Wave Video:

Inserted Video

Source: https://elliottwave-forecast.com/new...bullish-rally/

Market Respects the Blue Box in SPX(S&P500), Delivering the Anticipated Move Amid War
In trading, there are moments that validate not just a strategy—but an entire framework of understanding market behavior. The recent movement in the S&P 500 is one of those moments.
Weeks ago, we outlined a projection that the market would decline into a predefined Blue Box area 6470.3514 – 6236.7915 a high‑probability support area identified through measured extensions and corrective structures during our live session. This was not a random forecast, but the result of a disciplined application of Elliott Wave analysis, specifically the unfolding WXY structure since January 28, 2026, combined with Fibonacci relationships and historical price behavior
The forecast
Our outlook anticipated a corrective move unfolding after the completion of a larger impulsive sequence. As price action developed, the structure pointed clearly toward a downside continuation into a key support region—the Blue Box.
This zone represented:

1. A confluence of Fibonacci extension levels
2. The completion area of a corrective wave sequence (W–X–Y structure)
3. A region where selling pressure was expected to exhaust

Rather than chasing price or reacting emotionally to volatility, the strategy was simple: wait for the market to come to us.

What Is The W-X-Y Structure ?
The W‑X‑Y structure is a sideways corrective pattern formed by combining two distinct corrections. Most traders are familiar with individual corrective patterns such as Zigzags, Flat corrections, and Triangles. When two of these patterns are linked together, the result is a double three—commonly labeled W‑X‑Y. Example below image
https://elliottwave-forecast.com/wp-...026/04/WXY.jpg
The Reaction
The market reacted exactly as projected. Price declined into the Blue Box with precision, touching the predefined support zone. As anticipated, buyers emerged, selling pressure eased, and a reversal began to take shape
This is where preparation meets opportunity.
Instead of uncertainty, there was clarity:

1. The zone had been defined in advance
2. Risk could be managed effectively
3. The reaction confirmed the underlying bullish structure

https://elliottwave-forecast.com/wp-...kend-after.png
Following the test of the Blue Box, the market wasted no time—it rallied decisively. This move underscores a key principle: markets follow structure, not chaos. By aligning with patterns, traders shift from reacting to anticipating. The rally indicates that the correction has likely run its course, with the broader trend still intact. While short‑term fluctuations remain possible, the larger outlook now leans bullish after this successful support reaction. As long as price holds above the March 2026 corrective lows, failure should occur in either 3 or 7 swings, and focus will turn toward identifying the next buying opportunities
What This Means for Traders
This example highlights a few critical lessons:

1. Patience Pays
   Waiting for price to reach high-probability zones reduces guesswork and improves consistency.
2. Structure Over Emotion
   Forecasting based on structure allows traders to stay objective—even during volatile moves.
3. Precision Matters
   The accuracy of the Blue Box reaction shows the importance of defining clear entry zones rather than chasing the market.

Final Thoughts
The market respected the forecast—trading into the Blue Box, finding support, and delivering the expected reaction. This isn’t about predicting every tick; it’s about identifying high‑probability scenarios and executing with discipline. The focus remains on following structure, managing risk, and letting price confirm the next move. The question now isn’t whether the Blue Box worked—it’s how you position yourself for the next opportunity.
At Elliottwave Forecast (EWF), we deliver consistent market updates through regular charts update. Our analysts update 1‑hour charts four times daily and 4‑hour charts once per day across all 78 instruments. In addition, we host five live sessions each day and maintain a 24‑hour chatroom, providing clients with real‑time market guidance and answers to any questions they may have.
You can join us for a 14 day trial at https://member.elliottwave-forecast....-account/trial

Elliott Wave in Action: NZDJPY Pushes Higher from Blue Box Area

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 09 April 2025 low is unfolding as an impulse sequence. Therefore, called for more upside to take place. We knew that the structure in the pair should remains incomplete & should see more upside. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:
NZDJPY 4-Hour Elliott Wave Chart From 3.18.2026

Here’s the 4-hour Elliott wave Chart from 3.18.2026 update. In which, the rally to 94.96 high completed the cycle from October 2025 low & made a pullback lower. The internals of that pullback unfolded as Elliott wave double correction where wave (W) ended at 91.93 low. Then a bounce to 94.18 high-ended wave (X) & started the (Y) leg lower towards 91.11- 89.21 blue box area. From there, buyers were expected to appear looking for new highs ideally or for a 3-wave bounce minimum.
NZDJPY Latest 4-Hour Elliott Wave Chart From 4.27.2026


This is the latest 4-hour Elliott wave Chart from the 4.27.20 26 update. In which the pair is showing a strong reaction higher taking place, right after ending the double correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. However, a break above 94.96 high is needed to confirm the next leg higher targeting 95.97- 97.62 area higher minimum before profit taking & next pullback happens.
If you are looking for real-time analysis in NZDJPY along with the other forex pairs then join us with a 14-Day Trial for the latest updates & price action.
Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.
Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

Citigroup (NYSE: C) Bullish Path Above $150

Citigroup (NYSE: C) resumed its bullish trend despite an early correction this year. The stock broke again to new all-time highs. Today, we dive into its daily technical chart. Our analysis explores the Elliott Wave structure currently supporting the rally.
Looking at Citigroup’s daily chart, the cycle from the 2025 low has ended. A five-wave advance marked wave III at $125. After that peak, the stock corrected lower in a zigzag structure. This wave IV pullback reached $102. From there, C resumed its rally to new all-time highs. Currently, it shows three swings higher from the March 2026 low. This suggests another move up before completing a five-wave advance.
The stock is trading within the $130−$139 inverted Fibonacci extension zone. C should end wave ((1)) at this target area. Then, a wave ((2)) pullback will occur. Price must remain supported above $102. Any pullback should attract buyers. This will allow the cycle to extend higher above $150.
Citigroup C Daily Chart 4.28.2026

Conclusion

Citigroup’s (C) bullish cycle remains in progress as the stock is looking for further upside extension. Therefore, investors should target buying opportunities within daily pullbacks.
Get More Insights Today
Learn to trade our Blue Boxes using the 3, 7, or 11 swings sequence. Try our services with a 14-day trial.
You will gain access to:

1. 78 instruments updated across 4 different time frames
2. Live Trading & Analysis Sessions with our Expert Analysts every day
3. 24-hour chat room support and much more

Explore our system to gain deeper insights into this methodology.

Bloom Energy (BE): Favors Rally in to $247.8–$286.5 Zone Before Pullback

Bloom Energy Corporation., (BE) designs, manufactures, sells & install solid-oxide fuel cell systems for on-site power generation in the United States & globally. It offers Bloom Energy Server, a power generation platform to convert different fuels through electrochemical process. It comes under Industrials sector & trades at “BE” ticker at NYSE.
The BE favors rally in (1) of ((3)) after breaking the price channel from December-2025 low. It expects short term rally above $247.86 – $286.49 area to extend March-2026 rally. Buyers should wait for (2) pullback to get in as next opportunity. It rallied already more than 110% since March-2026 low.
In weekly, it made all time low of $2.44 in October-2019. It placed (I) at $44.95 high of February-2021 & (II) at $8.41 low of February-2024. Above there, it ended I of (III) at $147.86 high on 11.10.2025 high & II at $75.70 low on 12.17.2025. It placed ((1)) of I at $29.82 high, ((2)) at $15.15 low, ((3)) at $125.75 high, ((4)) at $88.23 low & ((5)) at $147.86 high. It ended (1) of ((3)) at $29.44 high, (2) at $24.04 low, (3) at $86.89 high, (4) at $61.37 low & (5) at $125.75 high. Below I high, it placed ((W)) at $76 low, ((X)) at $119.90 high & ((Y)) at $75.70 low as truncated move to end II correction.
BE – Elliott Wave Latest Daily View:

Above II low, it ended ((1)) of III at $180.90 high & ((2)) at $116.51 low. Within ((1)), it ended (1) at $96.49 high, (2) at $84.14 low, (3) at $176.49 high, (4) at $131 low & (5) at $180.90 high. In ((2)), it placed (W) at $132.50 low, (X) at $169.09 high & (Y) at $116.51 low. It already broke to new high, favoring (1) of ((3)). It ended 1 of (1) at $141.56 high, 2 at $123.16 low, 3 at $229.55 high, 4 at $200.23 low & favors 5 to end (1). Above $200.23 low, it can extend into $247.86 – $286.49 area to finish (1). Buyers should wait for (2) pullback in 3, 7 or 11 swings against 3.30.2026 low for next long opportunity.
BE is not the part of regular service at EWF. But we provide time to time updates on instruments under blog section. 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 $0.99 (limited time offer). Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.

EURUSD : Moved Lower and Banked +64 Pips +4%

On April 21 2026 I posted on social media @AidanFX the EURUSD sell entry chart with stop loss and targets.
EURUSD 1 Hour Chart April 21 2026 (Sell Entry)
EURUSD moves lower and on April 22 2026 price hits the 4R target at 1.1711 from 1.1775 and I closed the sell trade for +64 pips (+4% gain risking 1% on every trade)
EURUSD 1 Hour Chart April 22 2026 (Targets Hit/Trade Closed)
https://elliottwave-forecast.com/wp-...-4.22.2026.jpgA trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
At Elliottwave-Forecast we cover 78 instruments (Forex, Commodities, Indices, Cryptos, Stocks and ETFs) in 4 different time frames and we offer 5 Live Session Webinars everyday. We do Daily Technical Videos, Elliott Wave Trade Setup Videos and we have a 24 Hour Chat Room. Our clients are always in the loop for the next market move.
Try Elliottwave-Forecast for 14 days !!! Just click here –> 14 day trial

Elliott Wave View: NIFTY Completes Correction, Sets Stage for Bullish Rally
Nifty completed its correction from the June 2022 low with a running flat structure at 22174.2, labeled as wave II. From this pivot, the Index advanced into wave III. To confirm the bullish sequence, it must break above the January 5, 2026 high at 26373.2. Without that decisive move, the risk of a double correction remains. Yet with the S&P 500, Nasdaq 100, and Russell 2000 all reaching new all-time highs, the probability of such a scenario has diminished. The April 2, 2026 low at 22174.2 now stands as a more reliable base.
The rally from wave II unfolded in a clear impulsive Elliott Wave structure. Wave 1 ended at 22798.25, followed by a corrective wave 2 that terminated at 22542.95. The Index then surged in wave 3 to 24400.95. A modest dip in wave 4 concluded at 24096.05. The final leg, wave 5, extended to 24601.7, completing wave (1) of higher degree. At present, wave (2) is unfolding as a corrective phase. This retracement addresses the cycle from the April 2, 2026 low before the next upward advance resumes. As long as the pivot at 22174.2 remains intact, buyers should continue to emerge. The correction is expected to unfold in either three or seven swings, setting the stage for renewed strength and further upside in the broader trend.
Nifty 60-Minute Elliott Wave Chart

Nifty Elliott Wave Video:

SHOP Breakdown: Wave (II) Scenario Gains Strength After Weak Rebound

Shopify’s (SHOP) stock has been experiencing a bit of a downturn recently, and investors are eager to see what the second and third quarters of the year will hold. Analysts expect that the company will focus on refining its e-commerce tools and expanding its merchant solutions. Consequently, there’s a sense of cautious optimism that these efforts might help stabilize the stock’s performance.
In addition, as we move further into the year, investors are keeping an eye on how macroeconomic trends will impact the broader e-commerce sector. Therefore, Shopify is likely to adapt its strategies to maintain a competitive edge. Altogether, these elements could influence the stock’s trajectory and shape how it performs in the upcoming months.
Elliott Wave Outlook: SHOP Daily Chart December 2025



Last update, we showed that price resumed its advance in wave (5) of ((3)) after completing wave (4). Then, it hit a high of 182.19 in October and corrected sharply, dropping 25% to 136.18. Afterward, we expected the market to build an impulse as wave ((5)) of V to complete the cycle from November. This move could reach the 192.40–210.07 zone, where strong selling pressure may appear.
Therefore, the strategy remained simple and consistent: buy the dips until price reached the next zone. Additionally, we planned to evaluate the reaction once price touched that area. The outlook stayed valid as long as the market held above the wave (4) low.
Elliott Wave Principle Behind the Market Structure
Impulse
An impulse is a clean 5‑wave pattern that drives the trend forward.

1. Waves 1‑3‑5 are strong and directional.
2. No overlap between waves 1 and 4.
3. Wave 3 is usually the strongest.
4. Structure is clear, with increasing momentum.

https://elliottwave-forecast.com/wp-..._24_10-a.m.png
Elliott Wave Outlook: SHOP Daily Chart April 2026
https://elliottwave-forecast.com/wp-...26/04/SHOP.pngIn this new update, the market continues lower and breaks the possible wave ((4)), suggesting the end of the cycle in SHOP. Therefore, we adjust the impulse as shown in the chart. Wave ((3)) ended at 169.69, and wave ((4)) ended at 151.30 before the final rally toward 182.69 to complete wave (I). Moreover, price action has already finished three waves lower as wave w and attempted a bullish reaction. However, the rebound shows weak traction, so the market may form a double correction as wave (II).
To confirm this view, price must break the February low and hold below it. Such action would confirm the double correction toward 60.44–42.20. Conversely, if the market breaks below 104.92 but price remains lagging, the correction may become truncated, and SHOP shares may continue the rally from the 90.00–70.00 zone. Consequently, price action after a break of the 104.92 low becomes extremely important.
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:
Blue Boxes: Stay ahead in the market with fresh 1-hour charts updated four times daily, daily 4-hour charts on 78 instruments, and precise Blue Box zones that highlight high-probability trade setups based on sequences and cycles.
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.
https://s.w.org/images/core/emoji/17.0.2/svg/1f525.svg Special Offer: Start your journey with a 14-day trial for only $0.99. Gain access to exclusive forecasts and Blue Box trade setups. No risks, cancel anytime by reaching out to us at [email protected].
https://s.w.org/images/core/emoji/17.0.2/svg/1f4a1.svg Don’t wait and get a DISCOUNT for any plan!
Click in the next link, go to Home Chat and ask for a flat discount code saying that you saw this in Luis’ Blog: https://s.w.org/images/core/emoji/17.0.2/svg/1f310.svg elliottwave-forecast.com

S&P 500 Futures (ES) Elliott Wave Outlook: Cycle from March 31 Low Nearing End

The S&P 500 E-Mini Futures (ES) have concluded a corrective phase against the cycle from the April 2025 low at 6367. This decline has been identified as wave (2). Following the completion of this pullback, the market resumed its upward trajectory in wave (3), breaking decisively above the prior peak of wave (1) at 7036.25. This breakout has established a bullish sequence and confirmed that the next leg higher has commenced.

From the termination of wave (2), the advance unfolded with wave ((i)) ending at 6653.75. A subsequent retracement in wave ((ii)) found support at 6503.75. The index then accelerated higher in wave ((iii)), reaching 7185.75. Afterward, a modest pullback in wave ((iv)) concluded at 7079.25. The structure now points toward further extension in wave ((v)), which should complete wave 1 of a higher degree.

Once wave 1 finishes, the market is expected to undergo a corrective phase in wave 2. This retracement will adjust the cycle from the March 31, 2026 low before the broader uptrend resumes. In the near term, as long as the pivot at 6367 remains intact, pullbacks are likely to attract buyers. These corrections should unfold in either three or seven swings, offering opportunities for continuation to the upside.

S&P 500 E-Mini Futures (ES) 60-Minute Elliott Wave Chart

Attached Image (click to enlarge)

ES Elliott Wave Video:


Source: https://elliottwave-forecast.com/new...w-nearing-end/