WaveMaster FX
$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…
On Friday, $SPX moved exactly as I anticipated. Who benefited from this analysis? 🚀
$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!
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.
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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$XAUUSD 4H | Elliott Wave Analysis
Is Gold's Rally Coming to an End?
Global developments have significantly impacted gold. Last week, we saw a sharp decline, but just before reaching the invalidation level (the peak of Minor 1 at 2,956), the price rebounded. The 4th wave formed as a triple zigzag, which is uncommon but can occur due to major global events increasing market volatility.
I expect Minute Wave 5 to complete at the 1-3/2-4 channel’s upper boundary. Consequently, this would also mark the completion of Minor and Intermediate Degree Wave 5, potentially signaling the beginning of a historic decline.
I hope you're making the most of these opportunities and positioning yourself wisely. Think carefully before making your next move.
🔔 Stay tuned for more updates and insights!
Is Gold's Rally Coming to an End?
Global developments have significantly impacted gold. Last week, we saw a sharp decline, but just before reaching the invalidation level (the peak of Minor 1 at 2,956), the price rebounded. The 4th wave formed as a triple zigzag, which is uncommon but can occur due to major global events increasing market volatility.
I expect Minute Wave 5 to complete at the 1-3/2-4 channel’s upper boundary. Consequently, this would also mark the completion of Minor and Intermediate Degree Wave 5, potentially signaling the beginning of a historic decline.
I hope you're making the most of these opportunities and positioning yourself wisely. Think carefully before making your next move.
🔔 Stay tuned for more updates and insights!
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$SPX 4H | Elliott Wave Analysis
As Expected, the Drop Happened!
Just as outlined in my main scenario, the decline unfolded perfectly! In the price action following the drop, I observed a shortened 5th wave within Subminuette 5 at 4,910. The sharp rebound afterward signals that the price has exited its impulse mode.
This allows us to label the 6,147 to 4,910 decline as a zigzag. Now, a correction phase is expected. A move to at least 5,632-5,500, filling the gap in this zone, wouldn’t be surprising. If conditions align, this setup could present a 10% potential move.
Stay tuned for my next post, where I’ll dive into SPX's micro analysis! 🚀
As Expected, the Drop Happened!
Just as outlined in my main scenario, the decline unfolded perfectly! In the price action following the drop, I observed a shortened 5th wave within Subminuette 5 at 4,910. The sharp rebound afterward signals that the price has exited its impulse mode.
This allows us to label the 6,147 to 4,910 decline as a zigzag. Now, a correction phase is expected. A move to at least 5,632-5,500, filling the gap in this zone, wouldn’t be surprising. If conditions align, this setup could present a 10% potential move.
Stay tuned for my next post, where I’ll dive into SPX's micro analysis! 🚀
$EURUSD 30M | Elliott Wave Analysis
Countdown to the Fifth Wave Ends!
After completing Micro 4 at 1.14401, the price is expected to make one final move down toward the Micro 3 level near 1.13080, marking the end of Micro 5.
Following this move, a breakout above the Submicro 2-4 and then the Micro 2-4 channel could lead to a bullish momentum shift. The main target remains the key 4H orderblock zone at 1.14858.
Within this structure, bullish scenarios remain technically valid for now.
Stay updated and ready for the next big setup. 🔔
Countdown to the Fifth Wave Ends!
After completing Micro 4 at 1.14401, the price is expected to make one final move down toward the Micro 3 level near 1.13080, marking the end of Micro 5.
Following this move, a breakout above the Submicro 2-4 and then the Micro 2-4 channel could lead to a bullish momentum shift. The main target remains the key 4H orderblock zone at 1.14858.
Within this structure, bullish scenarios remain technically valid for now.
Stay updated and ready for the next big setup. 🔔
$XAUUSD 4H | Elliott Wave Analysis
Has the Anticipated Drop in Gold Begun?
Gold has been pushing higher with barely any meaningful pullbacks. From an Elliott Wave perspective, the structure includes multiple extended 3rd and 5th waves. With the Minute 5th wave ending around the $3500 level — a psychologically significant zone — both the Minor and Intermediate 5th waves are also likely complete.
Adding to the case for a correction, we see a bearish divergence on the RSI between the Minor 3 and 5 waves. My expectation is for the price to retrace toward the $3410 orderblock (gray box) and continue its downward movement from there.
That said, no technical method offers certainty in financial markets. This is why risk management remains the most critical element of any strategy.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
Has the Anticipated Drop in Gold Begun?
Gold has been pushing higher with barely any meaningful pullbacks. From an Elliott Wave perspective, the structure includes multiple extended 3rd and 5th waves. With the Minute 5th wave ending around the $3500 level — a psychologically significant zone — both the Minor and Intermediate 5th waves are also likely complete.
Adding to the case for a correction, we see a bearish divergence on the RSI between the Minor 3 and 5 waves. My expectation is for the price to retrace toward the $3410 orderblock (gray box) and continue its downward movement from there.
That said, no technical method offers certainty in financial markets. This is why risk management remains the most critical element of any strategy.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$SPX 1H | Elliott Wave Analysis
#SPX Might Still Have Some Upside Left!
The rally that started from 5,101 has formed a clear three-wave structure. Considering its relationship with the previous move, this suggests that it could be an internal wave of a diagonal Minuette A degree.
The wave following the Micro X (after 5,331) also appears to be unfolding as another three-wave structure, supporting the idea that this entire move is shaping up as a double zigzag.
My short-term expectation is for the price to rise toward the upper boundary of the channel around 5,650. After reaching that level, we could see a channel break leading into the 4th wave of the diagonal.
As the rally nears its final stage, caution is advised.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
#SPX Might Still Have Some Upside Left!
The rally that started from 5,101 has formed a clear three-wave structure. Considering its relationship with the previous move, this suggests that it could be an internal wave of a diagonal Minuette A degree.
The wave following the Micro X (after 5,331) also appears to be unfolding as another three-wave structure, supporting the idea that this entire move is shaping up as a double zigzag.
My short-term expectation is for the price to rise toward the upper boundary of the channel around 5,650. After reaching that level, we could see a channel break leading into the 4th wave of the diagonal.
As the rally nears its final stage, caution is advised.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$EURUSD 4H | Elliott Wave Analysis
The Drop Has Started in EURUSD!
The Subminuette 5th degree wave that began at 1.07730 completed at 1.15734. Following that, a five-wave decline — with a notably shortened final wave — ended at 1.13104, labeling this point as Subminuette 1.
Currently, we are within wave 2, which is displaying a complex structure. This seems to stem from market indecision, influenced by global events and news flows.
Nevertheless, price will ultimately move in the direction it is supposed to. I expect a decline toward the 1.08800 level over the next week, representing approximately a 500-pip move.
During this time, I’ll be looking to capture potential opportunities.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
The Drop Has Started in EURUSD!
The Subminuette 5th degree wave that began at 1.07730 completed at 1.15734. Following that, a five-wave decline — with a notably shortened final wave — ended at 1.13104, labeling this point as Subminuette 1.
Currently, we are within wave 2, which is displaying a complex structure. This seems to stem from market indecision, influenced by global events and news flows.
Nevertheless, price will ultimately move in the direction it is supposed to. I expect a decline toward the 1.08800 level over the next week, representing approximately a 500-pip move.
During this time, I’ll be looking to capture potential opportunities.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
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$BTCUSD 4H | Elliott Wave Analysis
#Bitcoin's Rally Continues!
As mentioned in my previous post, the anticipated drop occurred, and the price has since gained strong bullish momentum. The rally from $74,655 is unfolding as an extended 3rd wave at the Micro degree, which includes an extended Submicro 3rd wave — a textbook example of wave extension.
The running triangle seen within Submicro wave 4 suggests the market is aiming for higher levels. Price continues upward within a strong impulse structure.
My expectation is for this impulse to complete above $103,000.
After that, a corrective wave could open the path to a new ATH (All-Time High).
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
#Bitcoin's Rally Continues!
As mentioned in my previous post, the anticipated drop occurred, and the price has since gained strong bullish momentum. The rally from $74,655 is unfolding as an extended 3rd wave at the Micro degree, which includes an extended Submicro 3rd wave — a textbook example of wave extension.
The running triangle seen within Submicro wave 4 suggests the market is aiming for higher levels. Price continues upward within a strong impulse structure.
My expectation is for this impulse to complete above $103,000.
After that, a corrective wave could open the path to a new ATH (All-Time High).
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
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$SPX 45M | Elliott Wave #WaveWrap
Micro-Timeframe Outlook Before Market Close!
The move that started from 5,331 is unfolding as a double zigzag 3rd wave, with the Subminuette degree Y wave continuing its advance in a 5-3-5 formation.
Compared to Micro wave A, we’re seeing a very time-consuming B wave — price action in this zone was highly manipulative. After reacting from the Fibonacci 0.5 level, price found direction and Micro wave C began.
My expectation is for this final wave to end somewhere within the Fib 1.00 to 1.272 range.
This area is critical — once the pattern completes, a reversal may follow.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
Micro-Timeframe Outlook Before Market Close!
The move that started from 5,331 is unfolding as a double zigzag 3rd wave, with the Subminuette degree Y wave continuing its advance in a 5-3-5 formation.
Compared to Micro wave A, we’re seeing a very time-consuming B wave — price action in this zone was highly manipulative. After reacting from the Fibonacci 0.5 level, price found direction and Micro wave C began.
My expectation is for this final wave to end somewhere within the Fib 1.00 to 1.272 range.
This area is critical — once the pattern completes, a reversal may follow.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$XAUUSD 4H | Elliott Wave Analysis
Bearish Formation Continues in Gold!
After the rally that ended at $3,500, the price has entered a 1-2 / 1-2 downward structure, indicating sustained bearish pressure. Within this move, the Minute wave 2 completed at $3,370.
Following that, Subminuette wave 1 was formed, and wave 2 developed as a running flat, which might appear confusing at first. Still, this scenario currently provides the most technically coherent structure.
For now, my downside target is the $3,000 region.
As long as the structure holds, short setups remain on the table.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
Bearish Formation Continues in Gold!
After the rally that ended at $3,500, the price has entered a 1-2 / 1-2 downward structure, indicating sustained bearish pressure. Within this move, the Minute wave 2 completed at $3,370.
Following that, Subminuette wave 1 was formed, and wave 2 developed as a running flat, which might appear confusing at first. Still, this scenario currently provides the most technically coherent structure.
For now, my downside target is the $3,000 region.
As long as the structure holds, short setups remain on the table.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$SPX 30M | Elliott Wave Analysis #WaveWrap
As Mentioned Yesterday — The Rally Happened. Who Was With Me?
Wanted to share a quick post-market update. Since yesterday, I’ve received tons of messages — so I’ve decided to focus more on index updates moving forward.
The wave C I discussed yesterday completed around 5,662, right within the Fib 1.00–1.272 range. The following three-wave move down may look like a zigzag, but in the context of the full wave structure, I believe it's unfolding as a 1-2 / 1-2 setup.
Based on this, after a minor retracement in Minuscule wave 2, I expect the downtrend to resume.
My near-term target is a move toward the 5,500 level.
I’ll be monitoring this path closely as it develops.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
As Mentioned Yesterday — The Rally Happened. Who Was With Me?
Wanted to share a quick post-market update. Since yesterday, I’ve received tons of messages — so I’ve decided to focus more on index updates moving forward.
The wave C I discussed yesterday completed around 5,662, right within the Fib 1.00–1.272 range. The following three-wave move down may look like a zigzag, but in the context of the full wave structure, I believe it's unfolding as a 1-2 / 1-2 setup.
Based on this, after a minor retracement in Minuscule wave 2, I expect the downtrend to resume.
My near-term target is a move toward the 5,500 level.
I’ll be monitoring this path closely as it develops.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$EURUSD 4H | Elliott Wave Analysis
The Drop Continues in #EURUSD!
As outlined in my previous post, the Subminuette wave 2 has completed, and the internal structure of Subminuette wave 3 is now unfolding.
The Micro wave 1 started at 1.14250 and bottomed at 1.12658. It was followed by a zigzag-style Micro wave 2, which retraced up to 1.13811.
With this structure in place, I’m anticipating increased momentum once the channel breaks. My downside target remains the 1.08814 liquidity zone.
⚠️ Since we’re still in a broader downtrend, long setups could carry significant risk -tight risk management is essential during this phase.
The Drop Continues in #EURUSD!
As outlined in my previous post, the Subminuette wave 2 has completed, and the internal structure of Subminuette wave 3 is now unfolding.
The Micro wave 1 started at 1.14250 and bottomed at 1.12658. It was followed by a zigzag-style Micro wave 2, which retraced up to 1.13811.
With this structure in place, I’m anticipating increased momentum once the channel breaks. My downside target remains the 1.08814 liquidity zone.
⚠️ Since we’re still in a broader downtrend, long setups could carry significant risk -tight risk management is essential during this phase.
$BTCUSD 4H | Elliott Wave Analysis
Final Stretch for #BTC!
As mentioned in the previous update, the Submicro wave 4 extended slightly further and completed at $93,445. Following this, the final upward move completed the Micro wave 3 at $98,615.
Currently, we are within Micro wave 4, where price action has shifted sideways after a sharp drop.
According to Elliott’s alternation principle, this wave is expected to take a sideways form (although this is a guideline, not a rule).
If this structure continues to unfold as expected, we may see range-bound movement for a while. After that, as previously noted, I expect the price to initiate a move toward the $100,000 level.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
Final Stretch for #BTC!
As mentioned in the previous update, the Submicro wave 4 extended slightly further and completed at $93,445. Following this, the final upward move completed the Micro wave 3 at $98,615.
Currently, we are within Micro wave 4, where price action has shifted sideways after a sharp drop.
According to Elliott’s alternation principle, this wave is expected to take a sideways form (although this is a guideline, not a rule).
If this structure continues to unfold as expected, we may see range-bound movement for a while. After that, as previously noted, I expect the price to initiate a move toward the $100,000 level.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$SPX 45M | Elliott Wave Analysis #WaveWrap
Pre-Market Wave Count in Focus!
Following the completion of the Subminuette degree wave 3 at 5,704, price has formed a clear three-wave decline. This was followed by a short rally forming an expanded flat in three waves — suggesting at least one more leg down is likely.
(In the higher time frame, a deeper correction is favored, which is why I'm currently considering that the ongoing move may be unfolding as a triple zigzag in Subminuette wave 4.)
With the market session approaching, I’ll be watching closely for a downward move that could push the price below the 5,580 level.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
Pre-Market Wave Count in Focus!
Following the completion of the Subminuette degree wave 3 at 5,704, price has formed a clear three-wave decline. This was followed by a short rally forming an expanded flat in three waves — suggesting at least one more leg down is likely.
(In the higher time frame, a deeper correction is favored, which is why I'm currently considering that the ongoing move may be unfolding as a triple zigzag in Subminuette wave 4.)
With the market session approaching, I’ll be watching closely for a downward move that could push the price below the 5,580 level.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
$XAUUSD 4H | Elliott Wave Analysis
One More Push Up in #GOLD!
After the rally that ended at $3,500, I previously noted a potential downside reversal. However, price doesn’t always move in line with our expectations. (This is why risk management and adaptability to market conditions are two essential skills every Elliott Wave analyst should have.)
I've updated my wave count to reflect one final five-wave move to complete the rally. This outlook is supported by the macro structure, price and time symmetry, and the broader global trend.
If the current move completes a five-wave structure in the Minute wave 5, this would also mark the completion of higher-degree wave 5s. My current upside target for this leg is the $3,800 region.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
One More Push Up in #GOLD!
After the rally that ended at $3,500, I previously noted a potential downside reversal. However, price doesn’t always move in line with our expectations. (This is why risk management and adaptability to market conditions are two essential skills every Elliott Wave analyst should have.)
I've updated my wave count to reflect one final five-wave move to complete the rally. This outlook is supported by the macro structure, price and time symmetry, and the broader global trend.
If the current move completes a five-wave structure in the Minute wave 5, this would also mark the completion of higher-degree wave 5s. My current upside target for this leg is the $3,800 region.
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
📊 $EURUSD – $BTCUSD – $XAUUSD – $SPX | Weekly Outlook
Pre–New York Open Scan
📍 EURUSD
The three-wave drop seems complete at 1.10654, but I believe it's just the first leg of a larger double zigzag. Watching for one more push into the blue zone before a final leg down.
📍 BTCUSD
Price action remains messy. After topping near $106,270, I expected a deeper correction, but it's been mostly sideways. Crypto setups might be tricky this week.
📍 XAUUSD
Last week’s reversal from $3,190 confirmed the correction is likely over. We caught the move — still aiming for the $3,500 area.
📍 SPX
The uptrend continues. We're likely in Micro wave ③. No strong pullback yet, so staying cautious for now.
Pre–New York Open Scan
📍 EURUSD
The three-wave drop seems complete at 1.10654, but I believe it's just the first leg of a larger double zigzag. Watching for one more push into the blue zone before a final leg down.
📍 BTCUSD
Price action remains messy. After topping near $106,270, I expected a deeper correction, but it's been mostly sideways. Crypto setups might be tricky this week.
📍 XAUUSD
Last week’s reversal from $3,190 confirmed the correction is likely over. We caught the move — still aiming for the $3,500 area.
📍 SPX
The uptrend continues. We're likely in Micro wave ③. No strong pullback yet, so staying cautious for now.
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$EURUSD 4H | Elliott Wave Analysis
Post-Rally Reflection After Yesterday’s Move
Following yesterday’s update, we were able to partially benefit from the latest upward move. However, based on internal wave structure, the current rally appears to be corrective rather than impulsive.
That leads me to consider this move as part of a corrective wave — most likely a component of Subminuette wave b.
Given the nature of EURUSD, this correction may unfold as a running flat, though I’m also keeping an open mind toward other possibilities like expanded flats, triangles, or complex combinations.
My primary scenario remains a running flat for now, but price behavior will confirm or invalidate this bias.
What’s your current outlook on #EURUSD?
Drop your charts in the comments — I’d love to see your perspective! 👇
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
Post-Rally Reflection After Yesterday’s Move
Following yesterday’s update, we were able to partially benefit from the latest upward move. However, based on internal wave structure, the current rally appears to be corrective rather than impulsive.
That leads me to consider this move as part of a corrective wave — most likely a component of Subminuette wave b.
Given the nature of EURUSD, this correction may unfold as a running flat, though I’m also keeping an open mind toward other possibilities like expanded flats, triangles, or complex combinations.
My primary scenario remains a running flat for now, but price behavior will confirm or invalidate this bias.
What’s your current outlook on #EURUSD?
Drop your charts in the comments — I’d love to see your perspective! 👇
Stay tuned to catch the latest updates and spot potential opportunities. 🔔
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