WaveMaster FX
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$EURUSD 30M | Intraday Elliott Wave Update

Yesterday, price did not unfold as expected and printed one more low. The market has been highly manipulative in recent sessions, yet my higher-timeframe confirmations still suggest that an upward move should begin soon.

In today’s update, when analyzing Micro (5) within Submicro (4), price formed a time-consuming, almost disproportionate triangle before taking another liquidity sweep during the London session. At this point, I believe this was a final liquidity grab, and the downside momentum is weakening.

📌 Key confirmation level:
If price breaks above 1.08090 without making a new low, I will start looking for long setups.

🎯 Targets:
First liquidity target: 1.08583

Higher target: 1.09174 (but I may not hold the entire position until then—perhaps only a small portion).

Invalidation:
If price drops below 1.0770, this setup will be invalidated.

Let’s see how it unfolds! 🚀
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$BTC 4H | Elliott Wave Update

Bitcoin is resisting a decline!

After the zigzag pattern I mentioned in my last update, the price failed to drop due to bullish investors still in the market. However, the market doesn’t move based on expectations but rather on its own rational dynamics.
The price has completed a double zigzag formation and reacted from 88,865. I now expect a decline, at least down to the minuette wave a level, which is 76,800.

Stay tuned for more in-depth market analysis!
$EURUSD 30M | Intraday Elliott Wave Update

The past two days have been quite tricky, with price movements going against my expectations. Yesterday’s reversal, right after a confirmation mechanism, made me question my higher-timeframe outlook.

After a detailed review, I now expect one more dip before a potential bullish move. Given the current downtrend, short setups still offer a higher probability. I'm watching the hourly FVG for a reaction, with 1.08020 as a solid entry point. A stop above this zone and a target around 1.07630 create a well-structured trade idea.

If the price follows this scenario, it will be my second trade this week. Remember, trading without a plan is like driving without a destination!

🔍 Stay tuned for more in-depth market insights!
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$XAUUSD 4H | Elliott Wave Analysis

Gold has taken a temporary pause from its uptrend, moving sideways as the correction unfolds. The first leg of the retracement completed at $2,999, followed by an attempt to push higher. However, price action lacks momentum, with weak candle structures signaling an absence of strong buying interest.

📍 The rejection from the order block (orange zone) suggests that the second leg of the correction may have concluded. I expect price to drop further, at least toward the Wave A low, before completing Subminuette Wave 4. From there, the next leg higher toward $3,100 remains in play, as outlined in my previous update.

🔔 Stay tuned for further insights!
$EURUSD 30M | Intraday Elliott Wave Update

Is the Downtrend Over? 🚀

The recent bearish trend had been creating bullish manipulations, but this latest move, with its strong volume and break of the previous low, increases the probability of an upward shift.

After completing a five-wave structure, the price pulled back, but I believe the correction isn’t over yet. A reaction from the 1H order block (1.07578) is likely, and I will be looking to position my orders there. Potential targets are marked on the chart. My wave count remains valid unless the price breaks below 1.07330.

📌 Let the market come to you—patience pays.

🔔 Stay tuned for more updates!
$SPX 4H | Elliott Wave Analysis

As expected in my last update, the price completed a correction and gathered enough momentum for further downside. After a short ABC zigzag retracement, the price reacted from 5787, aligning with the expected structure.

A confirmed break of the zigzag channel could accelerate the decline. However, if the correction evolves into a double zigzag, I’ll reassess my count. For now, I anticipate a continuation of the downtrend, with the first target at 5120.

🔎 Key levels and wave counts are marked on the chart.

📌 "Master the trade, master yourself."

🔔 Stay tuned for more insights!
WaveMaster FX
$EURUSD 30M | Intraday Elliott Wave Update Is the Downtrend Over? 🚀 The recent bearish trend had been creating bullish manipulations, but this latest move, with its strong volume and break of the previous low, increases the probability of an upward shift.…
A Perfect Trade! 🎯

The price tapped the first TP level with pinpoint accuracy before reversing, then came just shy of the second TP before pulling back. I knew this was just a correction, so I stayed patient and held the trade. Patience paid off! The price eventually hit my second target, and I secured profits at the level I initially planned to close my third target. Since I didn’t want to hold a position over the weekend, I wrapped up the trade with a solid 🚀 2.2R gain!

This trade was a textbook example of Stop management, Partial profit-taking, and Trade execution.

Big congrats to those who capitalized on it! 🔥

A successful week comes to an end! See you next week—have a great weekend! 🚀
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$EURUSD 4H | Elliott Wave Analysis

Price has broken above the previous high after a complex correction. The new structure appears to be forming something close to a leading diagonal. I expect a pullback towards the order block zone (gray box) before price resumes its uptrend for Wave 3. My first target is the liquidity zone above 1.09500.

This week could bring strong moves, so let’s keep a close eye on the market!

"Trading is not about being right. It’s about being disciplined."
$BTC 4H | Elliott Wave Analysis

Will Bitcoin’s Downtrend Continue?

The bearish move I shared in my last update played out precisely, and I hope some of you took advantage of it! While the decline wasn’t the cleanest in terms of price action, it still counts as a five-wave structure. Now, we’re seeing a corrective move.

Price has already filled the CME gap and is now pushing into the FVG (gray box). I expect a bearish reaction from this zone, leading to a continuation of the downtrend. Based on the latest price action, I’ve updated my downside target to $70,000.

Stay tuned for more updates! 🚀
WaveMaster FX
$EURUSD 4H | Elliott Wave Analysis Price has broken above the previous high after a complex correction. The new structure appears to be forming something close to a leading diagonal. I expect a pullback towards the order block zone (gray box) before price…
Trade Breakdown: Precision Pays Off!

I took this trade based on the count I shared yesterday. After rejecting from the FVG, price formed a three-wave corrective move- a sign that another leg down was likely before a liquidity-driven push higher.

I structured a short setup upon the break of the previous low and placed my order at a strategic LTF entry point. Price came close to triggering my stop, but with the right stop placement, I stayed in the trade.

In the end, it resulted in a 2.02R trade. Hope some of you found this useful!

Stay tuned for more! 🚀
$EURUSD 30M | Intraday Elliott Wave Update

EU is still in correction mode!

As mentioned in my previous analysis, the price followed a complex structure from 1.08495, leading to another correction. This required an update to the wave labels. We are currently in the 2nd X wave, and the structure appears to be forming a flat pattern.

After a brief liquidity grab, I expect a decline for the Z wave. If a short opportunity arises during this phase, I will look to take it. My target remains the lower liquidity zones!

📉 Stay tuned for more updates! 🔍
$XAUUSD 4H | Elliott Wave Analysis

🚀 #Gold’s Rally Shows No Signs of Stopping!

In my last update, I expected one more leg down before the correction ended. However, the bullish momentum is so strong that gold keeps climbing with barely any pullbacks.

Price completed its minor 3rd wave at $3,149 and is now in a 4th wave correction. However, I don't expect this pullback to last long. Watch for bullish reactions from the order block (gray zone)—this could signal the next upward move!

The trend is your friend until it bends.

📈 Stay tuned for more insights!
$SPX 4H | Elliott Wave Analysis

Is the correction truly over on #SPX ?

As I mentioned in my previous update, looking at the main scenario, the 1-2 / 1-2 structure suggests an extended move downward. When we combine this with the ending diagonal that completed at 6,147, this labeling makes perfect sense. In this case, I expect a sharp drop below 5,000.

As an alternative scenario, the correction may not be over yet, and we could still be in the C wave of an expanding flat. Uncertainty in the markets and a lack of sufficient liquidity for a strong sell-off could delay the decline. However, I still believe the higher probability outcome is a continuation to the downside.

🔹 Markets always find a way—having a backup plan keeps you safe from worst-case scenarios.

If you find my content valuable, don’t forget to support!
$EURUSD 4H | Elliott Wave Analysis

Is EURUSD Next After $SPX and $BTC?

After forming a double zigzag structure that ended at 1.07330, marking the minute-degree 4th wave, EURUSD remained in a consolidation phase. Liquidity accumulated within this range, and following major news releases, price surged impulsively, peaking at 1.11464.

Upon closer inspection of the micro wave structures, we can see a fragmented 5-wave formation, confirming the completion of the minuette-degree 3rd wave. Despite the dramatic decline caused by last week’s negative news, the 4th wave has retraced more than expected. For a healthier market structure, I anticipate one more upward push before the expected downturn begins.

Fear and panic will dominate the market next week. However, the belief in further upside remains strong, which could lead to frequent manipulations. Caution is key in the coming sessions.

🔔 Don’t turn on notifications—just stay sharp!
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Impulse Waves: The Core of Market Trends

Today's post focuses on Impulse Waves, one of the most important and commonly seen wave types in Elliott Wave Theory. This post highlights their rules, guidelines, and key characteristics as a subset of impulse waves.

Impulse waves drive market trends by covering the most distance and offering strong trading opportunities. Their clear structure and strict rules make them one of the most reliable formations in technical analysis, reducing the chances of mislabeling.

For a detailed breakdown, check out the figures.
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