Elliott Wave Analysis by EWF

In this technical blog, we are going to take a look at the past performance of CADJPY Daily Elliott wave Charts that we presented to our members. In which, the decline from 7.10.2024 high took place in a double three corrective sequence and showed a lower sequence calling for more downside to happen. Therefore, our members knew that selling the bounces in the direction of the right side tag remained the preferred path. We will explain the Elliott wave structure & selling opportunity our members took below:

CADJPY Daily Elliott Wave Chart From 7.19.2025​

Elliott Wave Blue Box Payoff: CADJPY Drops as Predicted

CADJPY Daily Elliott Wave Chart from 7.19.2025 Weekend update. In which the pair is showing 5 swings lower low sequence supporting 6th bounce to fail for another leg lower to complete 7 swings corrective sequence from the peak. Whereas the decline to 101.26 low ended wave (A) of ((Y)). Up from there, the pair made a bounce towards the blue box area within wave (B). The internals of that bounce unfolded as zigzag structure where wave A ended at 106.25 high. Wave B pullback ended at 103.01 low. And wave C managed to reach the blue box area. From there, sellers were expected to appear looking for further downside or a minimum 3-wave reaction lower.

CADJPY Latest Daily Elliott Wave Chart From 9.06.2025​

Elliott Wave Blue Box Payoff: CADJPY Drops as Predicted

This is the latest Daily view from the 9.06.2025 Weekend update. In which the pair is showing a reaction lower taking place from the blue box area. Allowing shorts to get into a risk-free position shortly after taking the position. However, a break below 101.26 low is needed to confirm the next extension lower & avoid double correction lower.

Source: https://elliottwave-forecast.com/bluebox-wins/blue-box-payoff-cadjpy-drops-predicted/
 
The SPDR S&P Biotech ETF (XBI) draws investors who seek high-risk, high-reward exposure to the biotech sector. In late 2025, investor sentiment remains cautiously optimistic. This reflects both strong opportunities and ongoing uncertainty. Analysts set a 12-month price target near $141.31. That suggests a 48% upside from current levels around $95. Technical indicators support this outlook. Twelve out of seventeen signal “Buy,” and none recommend “Sell.” Still, some analysts urge caution. XBI depends on clinical trials and faces unpredictable earnings. Its volatility requires careful planning and strong risk tolerance.

Financial growth prospects for XBI look promising. Macroeconomic trends and biotech advances shape its performance. The industry expects gains from rising healthcare spending and aging populations. Breakthroughs in personalized medicine also support long-term growth. Investors remain hopeful about gene editing, immunotherapy, and rare disease treatments. However, they must manage risks from regulation and market swings. XBI offers strong growth potential but demands patience and a strategic mindset.

Elliott Wave Structure: XBI Weekly Chart April 05th 2025

XBI Weekly Chart April 05th 2025

Months ago, we anticipated a correction in XBI. The market followed our forecast and confirmed both the expected decline and the reaction higher. Wave “a” formed a leading diagonal, ending at 86.40. Then, wave “b” peaked at 88.98, completing the corrective setup. Wave “c” of (II) triggered a strong decline into the 75.74–63.99 extreme zone for wave (II). We expected a response higher from this area to resume the rally. The Biotechnology sector reached this zone, validating our Elliott Wave analysis. Additionally, we noted that a break below 61.78 would open the path toward the 41.33–36.09 region.

If you're eager to dive deeper into Elliott Wave Theory and learn how its principles apply to market forecasting, you might find these resources helpful: Elliott Wave Education and Elliott Wave Theory.

Elliott Wave Structure: XBI Weekly Chart September 09th 2025



In this latest update, we observe that wave (II) ended at the low of 66.66, right within the expected zone. The price then moved higher, aligning with our forecast. Currently, XBI trades at 94.98, delivering an impressive return of approximately 30%. We believe the price should continue rising to complete the impulsive structure as wave I. The final target for wave I remains uncertain, but we rely on the fractal structure to guide us. This helps us anticipate when a correction may begin, whether it unfolds in 3, 7, or even 11 swings, as part of wave II.

Source: https://elliottwave-forecast.com/stock-market/biotech-xbi-rallies/
 
The short-term Elliott Wave outlook for the S&P 500 ETF (SPY) highlights a cycle starting from the August 1 low. This cycle is unfolding as a diagonal and nears completion. The initial wave ((i)) peaked at 647.04 after the August 1 low. A pullback in wave ((ii)) dropped to 634.92, forming a running flat Elliott Wave. From the wave ((i)) high, wave (a) fell to 632.95. Wave (b) then rose to 649.79. Wave (c) declined to 634.92, finishing wave ((ii)) at a higher degree.

The ETF climbed further in wave ((iii)) to 652.21. A pullback in wave ((iv)) reached 643.33. We expect wave ((v)) to push higher, completing wave 5 of (3). After this, a larger degree wave (4) pullback should occur. A final leg, wave (5), will likely follow to end the cycle from the April 2025 low.

In the near term, the pivot at 634.92 must hold. If it does, dips should find support at the 3, 7, or 11 swing levels. This support will pave the way for more upside. Traders can watch these levels closely for confirmation of the ongoing trend. The outlook suggests a structured advance with clear targets ahead.

S&P 500 ETF (SPY) - 45 Minute Elliott Wave Technical Chart:

Source: https://elliottwave-forecast.com/news/spy-elliott-wave-outlook-wave-3nearing-termination/
 
The short-term Elliott Wave analysis for USDJPY indicates that the decline from the August 1, 2025, high is developing as a double three Elliott Wave structure. From that peak, wave ((w)) concluded at 146.2. The subsequent wave ((x)) rally formed another double three pattern at a lesser degree. Starting from wave ((w)), wave (w) reached 148.77, followed by a dip in wave (x) to 146.56. Wave (y) then climbed to 149.1, completing wave ((x)) at a higher degree.

Currently, USDJPY has turned downward in wave ((y)). However, it must break below the wave ((w)) low at 146.2 to eliminate the possibility of a double correction in wave ((x)). The internal structure of wave ((y)) is unfolding as a zigzag Elliott Wave pattern. From the wave ((x)) high, wave (a) ended at 146.3. Wave (b) is now rallying to correct the cycle from the September 3, 2025, high before resuming its downward trajectory. In the near term, as long as the pivot at 149.1 holds, expect any rally to falter in a 3, 7, or 11 swing, leading to further declines. The potential target for wave ((y)) lower lies within the 100%–161.8% Fibonacci extension of wave ((w)), projecting a range of 141.5–144.4.

USDJPY - 60 Minute Elliott Wave Technical Chart:

USDJPY Elliott Wave Chart

Source: https://elliottwave-forecast.com/ne...sis-usdjpy-zigzag-correction-likely-fail-149/
 
CrowdStrike (CRWD) leads AI-powered cybersecurity with strong financial results and growing market presence. By mid-2025, its market value passed $104 billion. This shows investor trust, even with ongoing net losses. The Falcon platform boosts ARR through advanced endpoint protection and threat detection. As a result, recent quarters showed steady double-digit ARR growth, raising long-term revenue hopes. Its forward P/E is over 119, showing confidence in future earnings and profitability. CrowdStrike builds partnerships in finance, healthcare, and government to grow its enterprise reach. It also works with major cloud platforms, helping improve scalability and customer adoption.

Analysts stay positive about CrowdStrike, pointing to strong growth and innovation in cybersecurity. Out of 44 analysts, 25 say “Buy” and 19 say “Hold,” showing wide support for the stock. Some bullish forecasts reach $766 by 2030, driven by ARR growth and AI-powered products. Recent upgrades and “Buy” ratings show strong momentum, despite some concerns about valuation. CrowdStrike’s AI-native tools keep gaining traction across industries, boosting long-term investor interest.

Elliott Wave Outlook: CrowdStrike CRWD April 2025

Elliott Wave Outlook: CrowdStrike CRWD April 2025 Weekly Chart


In the last update, we revised the structure and introduced a leading diagonal. The original nest concept was adjusted with wave I now labeled as wave (III) and the correction as wave (IV). From here, an impulse wave must develop to complete wave (V). Conservatively, we proposed an ending diagonal for wave (V), requiring wave IV to enter wave I’s area. This adjustment ensured wave (V) aligns with the ideal fractal, maintaining its position as the smallest within the diagonal.

Looking ahead, we expected the bullish trend to continue, forming two additional highs to finalize the structure. Then, the grand super cycle's ideal completion zone lay between the 493.75–507.59 area, where the market could react downward, marking the end of the cycle and wave ((I)). If so, a significant correction might have followed, potentially pushing CRWD’s price below 250.

If you're eager to dive deeper into Elliott Wave Theory and learn how its principles apply to market forecasting, you might find these resources helpful: Elliott Wave Education and Elliott Wave Theory.

Elliott Wave Outlook: CrowdStrike CRWD September 2025

Elliott Wave Outlook: CrowdStrike CRWD September 2025 Weekly Chart

In this new update, wave III ended near the 517 zone and wave IV began its correction. Since wave IV entered wave I’s area, we now expect an ending diagonal to complete wave (V) of ((I)). To confirm this, prices must rise toward the 545.84–589.96 zone, where a strong bearish reaction may occur. Then, we could consider the cycle complete and the correction underway. However, we cannot rule out more bullish extensions in the short term. If the market breaks above 590, a new bullish structure will likely emerge and continue the rally.

Source: https://elliottwave-forecast.com/stock-market/crwd-final-stage-trigger-correction/
 
After it completed a 55% rally from April 2025 to July 2025, TXN is correcting the impulse rally. At the extreme of the current pullback, buyers can find new entry. What's the buying zone? Check the rest of the post and be sure to read everything.

Texas Instruments (TXN) is a global semiconductor company known for designing and manufacturing analog and embedded processing chips. With products used in everything from industrial equipment to personal electronics, TXN plays a critical role in powering modern technology. Its consistent innovation and strong market presence make it a closely watched stock in the tech sector.

TXN completed its long-term grand supercycle degree wave ((II)) in October 2002, bottoming near $13. From that point, the stock began an extraordinary two-decade rally as grand supercycle degree wave ((III)) unfolded. Wave (I) of ((III)) ended in August 2007 at $39.6, followed by a sharp correction in wave (II), which took prices back down to about $13.4 in December 2008. Wave (III) then started in December 2008, and the stock turned strongly bullish after surpassing its prior all-time high of $99.8 from March 2000. It went on to reach a new peak of $202.2 in October 2021. That high marked the completion of wave III of (III) of ((III)). Afterward, TXN entered a corrective wave IV that extended until October 2023. From there, it resumed its advance and went on to register a fresh high of $220.38 in November 2024.

From the peak of November 2024 the stock fell to complete a 7-swing pullback for wave ((2)). The wave ((2)) pullback ended in the blue box where buyers were waiting to buy the stock again. Thus, from the blue box, it rallied sharply in a clear 5-wave structure to complete wave (1) of ((3)) in 7/11/2025 as we mentioned in the 7/21/2025 update. In that update, we mentioned the 5-wave recovery was close to completion and traders/investors should expect a deep pullback. It happened as expected. Wave A of (2) pullback ended with a 5-wave impulse on 8/01/2025 and then followed by a 3-wave correction for wave B

TXN Elliott Wave Analysis – 9/01/2025

TXXN

On 1st September, 2025, we used the chart below in the last update. The chart shows the end of wave B. Thus, we expected price to fall in wave C of (2). At the extreme of wave (2), we expected new bids from buyers.

TXN Elliott Wave Analysis – 9/14/2025

The decline is happening just as expected. It appears wave ((i)) of C of (2) has finished. Thus, two more legs lower could follow into the 165.39-138.31 blue box zone where we should see the end of wave (2). From the blue box, traders can expect at least a 3-swing bounce but an impulse recovery for wave (3) is expected to a new high.

Source: https://elliottwave-forecast.com/stock-market/txn-approaches-blue-box-zone/
 
Platinum (PL) shows a bullish sequence from March 2020 low, confirming the right side is higher. In this article, we will explore the latest long-term Elliott Wave technical outlook.

Platinum (PL) Monthly Elliott Wave Chart​



The monthly Platinum chart illustrates that the wave ((I)) rally peaked at 2308.8, followed by a wave ((II)) pullback that bottomed at 562. The pullback formed a zigzag Elliott Wave structure. From the wave ((I)) high, wave (A) declined to 752.1, wave (B) rallied to 1918.5, and wave (C) dropped to 562, completing wave ((II)) in a higher degree. The metal has since resumed its ascent in wave ((III)). From the wave ((II)) low, wave (I) reached 1348.2, with a wave (II) pullback concluding at 796.8. In the near term, as long as the 562 pivot low holds, the metal is expected to continue rising.

Platinum (PL) Daily Elliott Wave Chart​



The daily Platinum chart shows that the wave ((2)) pullback ended at 843.1. From that low, the metal is nesting higher with wave (1) ended at 1016 and pullback in wave (2) ended at 870. Wave (3) higher is in progress as an impulse in lesser degree. Wave 1 of (3) peaked at 1105, followed by a wave 2 pullback concluding at 875.9. The metal has since resumed its upward trend in wave 3. In the near term, as long as the price stays above 875.9, expect Platinum to continue rising.

Source: https://elliottwave-forecast.com/commodities/platinum-pl-price-soars-in-strong-uptrend/
 
Robinhood (NASDAQ: HOOD) rallied more than 300% since April 2025 breaking into new all time highs. In our previous article, we explained the bullish sequence taking place within the weekly cycle leading to this strong surge. In today’s article, we explore the Elliott Wave structure, outlining potential paths and targets for its continued bullish momentum.

Elliott Wave Analysis

Robinhood is showing 3 swings into new all time highs. That is to say the stock has an incomplete bullish sequence within the super cycle degree.

HOOD rally from 2022 low is currently unfolding within a 5 waves advance as the stock is entering the final phase of the impulsive wave (III). The minimum target was already reached at $122. However as long as recent September low $95.66 holds then the stock can see further extension higher within wave V toward $131 and above.

Buyers should be cautious at this stage because once wave (III) ends, a larger correction in wave (IV) is expected to take place which will be a better buying opportunity.

HOOD Weekly Chart 09.14.2025

Robinhood HOOD Weekly Chart 9.14.2025

Conclusion​

HOOD overall bullish structure support the stock through the upcoming correction, creating opportunities to buy daily and weekly pullbacks using our Elliott Wave strategy. The ideal approach is to enter positions once the stock completes a 3, 7, or 11 swing sequence from its peak. Moreover, our extreme Blue Box system enhances precision, allowing traders to identify optimal entry points with clarity and confidence.

Source: https://elliottwave-forecast.com/stock-market/robinhood-hood-final-stage/
 
IONQ Inc., a trailblazer in quantum computing, specializes in developing and manufacturing quantum computers. Founded in 2015 by Christopher Monroe and Jung Sang Kim, the company is based in College Park, Maryland.
This technical analysis of IONQ's weekly stock chart reveals key insights:
  • After a 3-wave pullback, the stock surged to new all-time highs.​

  • This breakout confirms the potential for further growth, targeting the 65.84-73.16 range.​

  • Based on this analysis, our recommendation is to hold onto your shares, as selling may not be the best strategy at this point.​

IONQ Weekly Chart From 4.22.2025​

IONQ Stock Analysis: Resuming the Uptrend After a Brief Correction

IONQ's past update covered stock price action can be broken down as follows: The rally to $35.90 marked the end of wave ((I)), followed by a pullback that formed a double three structure. This pullback consisted of wave (w) ending at $9.16. A bounce in wave (x) to $17.66, and wave (y) concluding at $3.03.
Subsequently, the stock entered an impulse sequence, with wave (I) peaking at $21.60 and wave (II) correcting to $6.22. A strong rally ensued, culminating in wave I at $54.74, followed by a 3-wave pullback in wave II. This pullback unfolded as a zigzag correction: wave ((A)) ended at $25.92, wave ((B)) bounced to $45.56, and wave ((C)) concluded at $17.88.

IONQ Latest Elliott Wave Chart From 9.15.2025​

IONQ Stock Analysis: Resuming the Uptrend After a Brief Correction

Since then, IONQ has surged to new all-time highs, indicating potential for further growth towards the $65.84-$73.16 range. Until this target is reached, dips are expected to remain supported within 3, 7, or 11 swings. Based on this analysis, selling is not recommended.

Source: https://elliottwave-forecast.com/stock-market/ionq-resuming-uptrend-brief-correction/
 
Upstart Holdings, Inc., (UPST) operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company operates through three segments: Personal lending, Auto lending & others. It comes under Financial services sector and trades as “UPST” ticker at Nasdaq.

As expected in last article, UPST ended ((1)) impulse from April-2025 low at $93.67 high & correcting in ((2)) in 3 or 7 swings. We like to buy the next pullback in 3, 7 or 11 swings at extreme area, when reach.

UPST - Elliott Wave Latest 4-hour View:​

It made all time high of $401.49 in October-2021 & all-time low of $11.93 in May-2023 since inception. Above $11.93 low, it can either be nesting or diagonal structure, missing one more push higher above February-2025 high. Once it confirms 5 swings higher from May-2023 low, we like to buy the next pullback. It placed (I) at $72.58 high in August-2023 & (II) at $19.84 low in November-2023. Above there, it placed I of (III) at $96.43 high in February-2025 & II at $31.40 low in April-2025. Within III, it placed ((1)) at $93.67 high & favors bounce in (B) against 8.05.2025 high before turning lower in (C) of ((2)).

UPST - Elliott Wave Latest Daily View:​

Above II low, it placed (1) at $55.05 high, (2) at $43.08 low, (3) at $87.30 high, (4) at $76.08 low & (5) at $93.67 high as ((1)) of I. Currently, it favors ((2)) correction in proposed 3 swing pullbacks. It placed (A) at $60.05 low & favors bounce in (B). Within (B), it ended A at $76.95 high, B at $61.00 low & favors bounce in C against 8.05.2025 high. The wave C can extend towards $78.02 - $88.53 area to finish (B) before turning lower in (C) of ((2)) against April-2025 low. We can project the (C) extreme area, once it ends (B). We like to buy the pullback in (C) against April-2025 low for next move higher.

UPST - Elliott Wave View From 7.28.2025:​

Source: https://elliottwave-forecast.com/stock-market/upst-favors-2-bullish-remains-intact/
 
OPEN ’s makes selling homes easier by offering fast cash offers. Then, it repairs and resells the homes through its platform. Buyers also complete their purchases online. This digital process cuts delays and avoids agent fees. As a result, customers save time and money. Recently, Opendoor added AI tools to improve pricing. Investors now see potential for scalable growth. Still, the company reports losses despite rising demand. Therefore, analysts stay cautious about long-term profits.

Opendoor's stock soared in 2025, climbing nearly 500% year-to-date. This surge followed a major leadership change. Shopify’s former COO Kaz Nejatian became CEO. Co-founders Keith Rabois and Eric Wu also returned to the board. Investors welcomed the shift and bet on a tech-driven comeback. Moreover, Opendoor announced a new AI-first strategy with $40 million in funding. Nejatian stressed using modern tools to simplify homeownership. This move supports Opendoor’s goal to streamline real estate deals.

Still, challenges remain. The business model is not yet proven. Losses continue despite strong demand. Some analysts predict a price drop to $1.46. Volatility stays high, driven by social media buzz. If interest rates fall, housing demand may grow. That could help Opendoor improve its margins. Until then, the stock trades more on hope than results. So, long-term investors should weigh risks before buying in.

Elliott Wave Outlook: Opendoor OPEN September 2025

Elliott Wave Outlook: Opendoor OPEN September 2025 Weekly Chart

Opendoor (OPEN) completed its corrective wave ((II)) from the 2021 high to the $0.51 low. Now, it builds wave I with strong momentum. This impulse structure looks incomplete, so we expect higher prices in the short term. However, entering now remains risky. We prefer to wait for a pullback before committing. After wave I ends, we anticipate a wave II correction with 3, 7, or 11 swings. Therefore, we monitor lower timeframes to identify the best area to end the current rally.

If you're eager to dive deeper into Elliott Wave Theory and learn how its principles apply to market forecasting, you might find these resources helpful: Elliott Wave Education and Elliott Wave Theory.

Elliott Wave Outlook: Opendoor OPEN September 2025

Elliott Wave Outlook: Opendoor OPEN September 2025 4-Hour Chart

On the 4-hour chart, Opendoor trades inside wave ((3)) of I. This wave must form five upward subwaves. Currently, price moves within wave (3) of ((3)). One more push could complete wave (3) near $11.53–$12.39. After that, we expect a pullback as wave (4) before the rally resumes. However, price may extend beyond this zone. If no correction appears, we must adjust the impulse count.

We still expect to continue to the upside until a strong bearish reaction confirms wave I is completed. Once wave I ends, we can estimate wave II’s correction zone. That area will be broad and imprecise because OPEN is highly volatile, and we must review the structure weekly. This helps improve timing and entry. For now, we are waiting for a clear bearish signal before looking for buying opportunities.

Source: https://elliottwave-forecast.com/stock-market/open-stock-hype-driving-real-value/
 

Gartner Inc. enters a corrective wave IV, targeting key Fibonacci support before resuming its bullish Elliott Wave V trend.​

Gartner Inc. (NYSE: IT) has delivered an impressive multi-decade bullish cycle, advancing from the lows near $5 in 2002 to above $700 before the current pullback. The Elliott Wave count suggests that the stock recently completed wave III of a higher-degree impulse and is now entering a corrective wave IV. This phase is expected to retrace part of the prior rally before the next bullish leg, wave V, resumes.

The ongoing correction appears to be unfolding as a three-wave structure, labeled ((A))-((B))-((C)) of wave IV. Prices have already broken lower from the peak, suggesting that wave ((A)) is in progress. After a potential bounce in wave ((B)), a final decline in wave ((C)) is expected, which should complete the larger degree wave IV.



Key Fibonacci retracement levels between $189.12 (23.6%) and $93.96 (38.2%) mark the ideal support area for wave IV. This zone is highlighted as the blue box on the chart, where buyers may step in for the next bullish cycle. According to Elliott Wave guidelines, wave IV expected to find support near the 23.6%–38.2% retracement of wave III, making this zone critical for investors to watch.

Summary:​

From a long-term perspective, the broader trend remains bullish as long as the invalidation level at $4.87 holds. The completion of wave IV should set the stage for a powerful wave V advance, which could take Gartner to new highs. We do not recommend selling into the current decline, as corrections like wave IV often present buying opportunities rather than long-term bearish reversals. Instead, patient traders may look to align with the bullish right-side setup and focus on opportunities once the correction completes.

Source: https://elliottwave-forecast.com/st...-wave-iv-correction-targets-key-support-zone/
 
Hello everyone! In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 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 + WXY correction​

$GOOGL

$NVDA

$MSFT 8H Elliott Wave Chart 9.04.2025:​

$MSFTIn the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06

This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend.

$MSFT 8H Elliott Wave Chart 7.14.2025:​

$MSFT
The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 - 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 - 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction.

Conclusion

In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. 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.

Source: https://elliottwave-forecast.com/st...ft-blue-box-area-offers-buying-opportunity-3/
 
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of GBPAUD Forex Pair published in members area of the website. As our members know, GBPAUD has recently given us a 3 waves recovery that found sellers precisely at the equal legs area as we expected. In this discussion, we’ll break down the Elliott Wave pattern and forecast.

GBPAUD Elliott Wave 1 Hour Chart 09.18.2025​

GBPAUD is giving us correction against the 2.06982 peak. We expect the correction to complete at 2.0541-2.06359 as a 3 waves (w)(x)(y) Double Three pattern. Our members know that we identify potential reversal zones using the Equal Legs technique. As long as the price stays within this region, we expect sellers to take control and push it down toward new lows. We recommended that members avoid buying the pair at this stage, while favoring the short side.

You can learn more about Elliott Wave Patterns at our​

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

GBPAUD

GBPAUD Elliott Wave 1 Hour Chart 09.20.2025​

A 2 days later, we can see the result. GBPAUD found sellers, as expected. We got a decent reaction from the sellers’ zone. The recovery peaked at 2.05502. As long as it remains below that high, the next leg down may be in progress toward 2.0295-2.0215 area.

Remember, the market is dynamic, and the presented view may have changed in the meantime. For the most recent charts and target levels, please refer to the membership area of the site. The best instruments to trade are those with incomplete bullish or bearish swing sequences. We put them in Sequence Report and best among them are presented in the Live Trading Room

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.

GBPAUD

Source: https://elliottwave-forecast.com/forex/gbpaud-elliott-wave-calling-decline/
 
The Global X Silver Miners ETF (SIL), launched in April 2010, tracks the Solactive Global Silver Miners Total Return Index, offering exposure to silver mining companies like Wheaton Precious Metals and Pan American Silver. With over $1 billion in assets, SIL provides a volatile yet targeted investment option for those seeking to capitalize on silver price movements through mining equities. Below we will look at the Elliott Wave path of the instrument.

SIL (Silver Miners ETF) Monthly Elliott Wave Chart​



The monthly Elliott Wave chart indicates that the Silver Miners Junior ETF (SIL) formed a Grand Super Cycle wave ((II)) low at $14.94 in January 2016. Since then, it has rallied strongly in a nested impulse structure. From the wave ((II)) low, wave I peaked at $54.34, followed by a wave II pullback to $16. Wave III is currently unfolding as another impulse. The rally from the wave II low completed wave ((1)) at $52.87. A subsequent dip in wave ((2)) concluded at $21.26. As long as the $16 pivot low holds, the ETF is expected to continue its upward trajectory.

Silver Miners ETF Daily Elliott Wave Chart​



The daily chart for the Global X Silver Miners ETF (SIL) shows a rally from the September 1, 2022 low is unfolding as a nested impulse structure. From this low, wave (1) peaked at $33.24, followed by a wave (2) pullback to $22.57. The ETF then extended higher in wave (3), structured as another impulse. Within wave (3), wave 1 concluded at $42.29, with a wave 2 pullback ending at $31.37. In the near term, as long as the $31.37 pivot low remains intact, the ETF should continue its upward trend.

Source: https://elliottwave-forecast.com/stock-market/silver-miners-etf-sil-strong-impulsive-rally/
 
Hello traders. Welcome to a new blog post where we discuss recent trade setups from the blue box to the Elliottwave-forecast members. In this one, the spotlight will be on the USDCHF currency pair.

The USDCHF currency pair remains clearly bearish. This trend is driven by dollar weakness since September 2022 and more recently January 2025. When analyzing this pair, we focus heavily on the dollar. The dollar has been in a bearish cycle since September 2022. It follows a clear A-B-C corrective structure. Wave C of this 3-swing pullback began in January 2025.

Since it is a simple zigzag, wave C has unfolded as an impulse. However, the September 2022 cycle has not yet reached its target zone. Moreover, all bounces so far have been corrective. Therefore, we continue to favor a “sell the bounce” strategy. This approach has delivered strong profits across dollar pairs, including USDCHF.

For USDCHF specifically, the bearish cycles began in October 2022 and January 2025. Since January, we have sold bounces at the extremes of 3, 7, or 11 swings. We highlight these extreme zones with blue boxes on our charts. For example, there was a clean 7-swing corrective bounce from July 1, 2025. When that bounce matured, we marked the blue box zone for selling. This setup was shared with members on August 9, 2025. From the August blue box, USDCHF fell over 330 pips. We wrote about it; read here. It even broke below the July low where the bounce started. As a result, we prepared for another corrective bounce to sell from.

USDCHF Elliott Wave Setup: 9.21.2025 Update

Shortly after the 17th September FOMC, the pair breached the July 1st low and then turned upside to correct August cycle. Thus, we prepared to sell from the blue box. We shared the H1 chart below with members on the 21st September 2025.

USDCHF

The chart above highlighted the 0.7959-0.8012 blue box zone for short opportunities. From the blue box, we expected wave ((v)) to start and continue lower to break the current September low. Alternatively, if not an impulse, then at least a 3-swing dip to happen. A 3-swing dip will put sellers in risk-free position. The chart shows price already triggered the blue box. Thus members are in an open short position.

USDCHF Elliott Wave Setup: 9.22.2025 Update

USDCHF

The chart above shows the H1 price action leaving the blue box after it triggered it. Price separation is ongoing and we expect it to extend to at least the 50% of wave (c) of ((iv)), where they can take the first profit and run a risk-free trade. This is another typical example of our blue box entry system we use for all the 78 market we cover across all the time frames.

Source: https://elliottwave-forecast.com/forex/usdchf-elliott-wave-bluebox-setup/
 
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NVDA. We presented to members at the elliottwave-forecast. In which, the rally from 07 April 2025 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the stock & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

NVDA 4-Hour Elliott Wave Chart From 9.08.2025​

The Blue Box Bounce: NVDA's Perfect Reaction Higher

Here’s the 4-hour Elliott wave chart from the 9.08.2025 update. In which, the cycle from the 21 April 2025 low ended in wave ((3)) at $184.48 high. Down from there, the stock made a pullback in wave ((4)) to correct that cycle. The internals of that pullback unfolded as Elliott wave flat structure where wave (A) ended at $168 low. Wave (B) bounce ended at $184.47 high & wave (C) managed to reach the blue box area at $167.02- $156.24. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

NVDA Latest 4-Hour Elliott Wave Chart From 9.21.2025​

The Blue Box Bounce: NVDA's Perfect Reaction Higher

This is the latest 4-hour Elliott wave Chart from the 9.21.2025 Weekend update. In which the NVDA is showing a reaction higher taking place, right after ending the zigzag 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 $184.48 high is still needed to confirm the next extension higher towards $189.48- $197.31 area minimum & avoid a double correction lower.

Source: https://elliottwave-forecast.com/stock-market/blue-box-nvda-perfect-reaction-higher/
 
Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under Financial services sector & trades as “RY” ticker at NYSE.

As discussed in the last article, RY extends impulse sequence against April-2025 low. Currently, it favors rally in 3 of (1) & expect next pullback to remain supported to see more upside. We like to buy the next correction in 3, 7 or 11 swings in (2) against April-2025 low.

RY - Elliott Wave Latest Weekly View:​

It ended (II) at $49.55 low in March-2020 & favors rally in III of (III). It ended I at $119.41 high in January-2022 & II at $77.90 low in October-2023 low as 0.618 Fibonacci retracement. Within I, it ended ((1)) at $78.31 high, ((2)) at $67.78 low, ((3)) at $108.09 high, ((4)) at $98.00 low & ((5)) at $119.41 high. Within II pullback, it placed ((W)) at $83.63 low, ((X)) at $104.72 high & ((Y)) at $77.90 low as double correction. Above II low, it placed ((1)) at $128.05 high in December-2024 high & ((2)) at $106.10 as zigzag in April-2025. Within ((1)), it ended (1) at $102.07 high, (2) at $93.97 low, (3) at $126.96 high, (4) at $120.26 low & (5) at $128.05 high. Within ((2)) pullback, it placed (A) at $117.63 low, (B) at $124.35 high & (C) at $106.10 low.

RY - Elliott Wave View From 6.30.2025:​

Above ((2)) low, it favors rally in (1) of ((3)) & expect further upside before correcting in (2). Within (1), it ended 1 at $134.26 high, 2 at $127.38 low & favors rally in 3 of (1). It expects further upside 3 before it may start next pullback in 4, followed by final push to finish (1). It managed to erase the momentum divergence in RSI, indicates ((3)) in progress in October-2023 sequence. The current move is the part of ((3)) & expect rally to extend into $156.28 - $187.25 area. We like to buy every pullback in 3, 7 or 11 swings, when reach extreme area above April-2025 low.

Source: https://elliottwave-forecast.com/stock-market/ry-elliott-wave-looking-buy-next-pullback/
 
Oracle Corp (NYSE: ORCL) has doubled in value during 2025, consistently breaking into new all-time highs. This powerful surge establishes a clear bullish trend. Today, we analyze the underlying Elliott Wave structure driving this momentum. Our analysis outlines precise pathways and upside targets for the next leg higher.

Elliott Wave Analysis

Oracle launched a strong 3-wave advance from its April 2025 low, pushing decisively into new all-time highs. This structure confirms an incomplete bullish sequence within the current daily cycle. Therefore, the rally has further room to extend.

ORCL completed Wave ((1)) at $260.87, then corrected to $218.79 in Wave ((2)). Subsequently, Wave ((3)) surged to $345.72 before the recent Wave ((4)) pullback found support at $297.75. The stock must now hold above this level to maintain its bullish structure.

Consequently, ORCL should now advance in Wave ((5)) toward the $361-$394 target zone. This area represents the equal legs projection for Wave ((3))-((5)). Ultimately, this rally will complete the larger Wave III.

Following this peak, a Wave IV pullback will emerge. This correction will create another strategic buying opportunity before the final Wave V rally resumes. Our Blue Box system will identify the optimal entry point for that next phase.

ORCL Daily Chart 09.23.2025



Conclusion​

ORCL's robust bullish structure will support the stock through all upcoming pullbacks. This creates strategic opportunities to buy daily and weekly dips using our Elliott Wave strategy. Traders should ideally enter positions after the stock completes a 3, 7, or 11-swing corrective sequence. Furthermore, our extreme Blue Box system pinpoints optimal entries with high precision. This methodology provides clarity and confidence for capturing the next leg higher.

Source: https://elliottwave-forecast.com/stock-market/oracle-orcl-technical-breakout/
 
Hello fellow traders. In this technical article, we are going to present Elliott Wave trading setup of Google Stock (GOOGL) . The stock completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box. In the following sections, we’ll break down the Elliott Wave structure in detail and explain the setup and present the target levels.

Google Elliott Wave 1 Hour Chart 09.17.2025​

The current analysis suggests that GOOGL stock is forming a wave (4) pull back. Blue Box comes at 247.4-243.96. That is our buying zone. We recommend members avoid selling Google stock, as the main trend remains bullish. We anticipate at least a 3-wave bounce from this Blue Box area. Once the price touches the 50% fib level against the B red connector, we’ll make positions risk-free, set the stop-loss at breakeven, and book partial profits. Stop Loss is placed a few points below 1.618 fib extension : 243.96.

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.

Quick reminder on how to trade our charts :

Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable.

Google

Google Elliott Wave 1 Hour Chart 09.23.2025​

The stock found buyers into the Blue Box area, just as expected. GOOGL completed wave (4) correction at the 246.39 low and made a decent reaction higher from our buying zone. As a result all long positions are risk free + partial profits have been taken. As long as price holds above the 246.39 low , further upside remains likely, targeting 257.0-260.3 area next.

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

Google

Source: https://elliottwave-forecast.com/stock-market/google-stock-googl-elliott-wave-blue-box/