Elliott Wave Analysis by EWF

[Elliottwave-Forecast]

In this blog post, we’ll dive into the recent performance of the YM_F Dow futures, focusing on its 1-Hour Elliott Wave Charts. Since the April 7, 2025, low, the rally has unfolded as an impulse structure. Showing a sequence of higher highs that suggests further upside potential.
Given this momentum, our advice to members has been to avoid selling the index. Instead buy the dips in 3, 7, or 11 swings within the blue box areas. Below, we’ll break down the structure and provide insights into our forecast.

YM_F Dow futures 1-Hour Elliott Wave Chart From 7.15.2025​

As of our July 15, 2025, NY Midday update, the YM_F Dow futures index had completed the cycle from 6.19.2025 low ended in wave ((iii)) at $45177 high. The subsequent decline unfolded as wave ((iv)), which corrected the preceding cycle. This pullback followed a zigzag structure, with wave (a) ending at $44422 and wave (b) bounce to $45043. Wave (c) then extended to the blue box area $44291- $43819, a zone anticipated for buyer interest, potentially triggering a 3-wave bounce or the next significant leg higher.

YM_F Dow futures Latest 1-Hour Elliott Wave Chart From 7.22.2025​

Our latest 1-Hour Elliott Wave Chart update from July 22, 2025, shows the index reacting higher after completing its correction within the blue box area. This favorable move enabled members to secure risk-free positions shortly after entering long at the blue box zone. However, a decisive break above the $45177 high is crucial to confirm further upside potential and prevent a deeper pullback.

Source: https://elliottwave-forecast.com/stock-market/bullish-bounce-ym_f-dow-futures-rebound-blue-box-zone/

 

[Elliottwave-Forecast]

Hello fellow traders. As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in NVIDIA. The stock has gained more than 60% since we bought it in April. NVDA has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave Forecast.

NVDA Elliott Wave Daily Chart 04.27.2025​

The stock has given us a pullback against the 39.22 low. The pullback shows a clear 7-swing pattern, with the Blue Box (buyers’ zone) reached in the 101.78–76.16 area. We are calling the correction completed at the 83.65 low and are expecting a further rally toward new highs. We do not recommend selling the stock in any proposed pullback.

Did you know ? 90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

NVDA Elliott Wave Daily Chart 04.27.2025​

In less than three months, we are seeing great results. The stock has continued rallying from the Blue Box, just as expected. NVDA made a strong move toward new all-time highs, gaining more than 60% from our Blue Box buying zone.

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.



Source: https://elliottwave-forecast.com/stock-market/nvidia-stock-nvda-blue-box/

 

[Elliottwave-Forecast]

McDonald’s (MCD) stock is holding steady near $298, showing resilience despite mixed consumer trends and pricing pressures. Financially, the company remains strong with a market cap above $213 billion, a dividend yield of 2.37%, and nearly 50 consecutive years of dividend increases. Its Q2 earnings are expected on July 28, with analysts projecting modest profit growth.

Recently, Goldman Sachs upgraded MCD to “Buy,” citing its push to regain market share through product innovation and digital strategy. New menu items like the return of snack wraps and the “daily double” burger are designed to attract value-focused customers. McDonald’s is also expanding its beverage lineup, using insights from its CosMc’s concept to boost traffic and check size.

Leadership changes are underway too—Annemarie Swijtink will become CEO of McDonald’s Canada this September, signaling a fresh strategic direction in key markets. Overall, MCD is navigating a tough consumer environment with smart financial planning, brand strength, and targeted innovation. Want help turning this into a visual or social post? I’ve got ideas.

McDonald's MCD Weekly Chart March 2025​

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Back in March, McDonald’s (MCD) completed its correction and reached the projected zone between $281 - $271 area. It touched a low of $276.80 and quickly moved higher, matching our bullish forecast. Since then, the price climbed in a new upward phase, supported by strong momentum. As long as it stays above the previous low, the bullish setup remains valid. If the price dips below that level, it may signal that the correction isn’t over. However, that wouldn’t mean a bearish trend—just a delayed continuation. Overall, the market’s structure still points to more upside ahead.

McDonald's MCD Weekly Chart July 2025​

Currently, wave (2) has taken significantly more time than expected. Although we initially looked for a strong bullish continuation, we’ve now decided to relabel the structure as a leading diagonal. This adjustment stems from the likelihood that the Dow Jones is nearing to end of an impulsive move that began in April. If true, McDonald’s (MCD) stock should rally and soon experience a pullback. Accordingly, the diagonal now includes wave (1) at 317.84 high, correction wave (2) at 276.63 low, next leg at 326.27 high, and wave (4) at 283.47 low. To complete the pattern, wave (5) must rise above wave (3) but remain below 333.27.

If wave (5) exceeds 333.27, the diagonal structure becomes invalid. This is because wave (3) would then be the shortest, violating Elliott Wave rules. In that case, we must reassess whether MCD is forming a flat correction as wave ((2)), or simply continuing its bullish momentum. This scenario would require a fresh analysis of the broader structure and its implications for future price action. For now, we remain focused on completing the diagonal and preparing for a potential retracement.

Source: https://elliottwave-forecast.com/stock-market/mcdonalds-mcd-final-push-diagonal-ends/

 

[Elliottwave-Forecast]

Hello traders. Here is another blue box blog post. In a post like this, we review some of the latest blue box trades that Elliottwave-Forecast members took. In this post, the spotlight will be on the EURCAD currency pair.

EURCAD is clearly in a bullish sequence from August 22, 2022, in the primary degree wave count. This cycle forms a 3-wave structure. Wave ((A)) ended in April 2023. Then, a wave ((B)) pullback followed and completed at the September 2023 low. From that low, the pair rallied and breached the wave ((A)) high, kickstarting wave ((C)).

As a result of that breach, a bullish sequence is now confirmed. Ideally, traders should buy dips in a bullish market and sell bounces in a bearish one. Wave (1) and (2) of ((C)) ended in November 2023 and November 2024, respectively. Then, wave (3) began from the November 2024 low.

Currently, wave (3) is nearing completion. In such a strong trend, there will be opportunities to buy from pullback extremes. The most recent was in mid-July 2025, marking the end of wave ((iv)) of 5 of (3). Wave ((C)) should ideally reach the 1.6400 equal leg for completion.

EURCAD Bullish Setup - 17th July 2025​

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On July 17, 2025, we shared the chart above with members. Earlier, we had identified a 7-swing pullback as wave ((iv)). In addition, we marked the 1.5886–1.5771 area as the blue box extreme. From that zone, we recommended a Long opportunity to members.

EURCAD Bullish Setup - 25th July 2025​

On July 25, 2025, we shared the chart above with members during the Asia update. The H1 chart showed price hitting the blue box and bouncing off it immediately. Buyers have now closed half of their positions in profit and moved the rest to breakeven.

Looking ahead, price may either break into a new high within the April cycle or complete a 3-swing bounce from the blue box and turn lower for a deeper ((iv)) via a 15-swing pullback. In either scenario, we already have a trade plan. So, nothing catches us by surprise.

EURCAD has rallied over 150 pips from the blue box. If the setup plays out fully, members could gain around 270 pips in total profit.

Source: https://elliottwave-forecast.com/bluebox-wins/eurcad-analysis-bullish-sequence-blue-box/

 

[Elliottwave-Forecast]

Hello everyone! In today’s article, we’ll examine the recent performance of Netflix Inc. ($NFLX) through the lens of Elliott Wave Theory. We’ll review how the decline from the June 30, 2025, high unfolded as a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.

7 Swing WXY correction​

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$NFLX 4H Elliott Wave Chart 7.20.2025:​

In the 4H Elliott Wave count from July 20, 2025, we saw that $NFLX completed a 5-wave impulsive cycle at black ((1)). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $1199.29 and $1130.90.

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

$NFLX 4H Elliott Wave Chart 7.27.2025:​

The most recent update, from July 27, 2025, shows that the stock has found a low as predicted. After the decline from the June peak, the stock is now finding support from the equal legs area. Currently, it is looking for a corrective bounce towards 1240 - 1280. After that, the stock is expected to continue lower in wave ((2)) before a renewed bullish cycle takes place.

Conclusion​

In conclusion, our Elliott Wave analysis of Netflix Inc. ($NFLX) suggests that it remains supported against April 2025 lows. As a result, traders should buy the dips and monitor the $1240–$1280 zone as the next potential target. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets.

Source: https://elliottwave-forecast.com/st...nflx-blue-box-area-offers-buying-opportunity/

 

[Elliottwave-Forecast]

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.

UPST is trading higher in proposed nest Elliott wave structure from May-2023 low of $11.93. Currently, it favors upside in ((1)) of III & should remain supported against 4.04.2025 low of $31.40. Once it breaks above 2.13.2025 high, it will confirm 5 swings to see more upside.

UPST - Elliott Wave Latest Daily 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 appears nesting or can be diagonal move with one more push 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 as dip pullback. Above there, it placed I of (III) at $96.43 high in February-2025 & II at $31.40 low in April-2025. Currently, it favors upside in ((1)) of III & expect short term upside to finish it before correcting next.

Within I, it placed ((1)) at $49.62 high, ((2)) at $20.60 low, ((3)) at $86.07 high, ((4)) at $55.20 low & ((5)) at $96.43 high as I of (III). Below I high, it ended ((A)) at $45.01 low, ((B)) at $56.10 high & ((C)) at $31.40 low as truncated move ending II against November-2023. Above there, it ended (1) of ((1)) at $55.05 high, (2) at $43.28 low & favors upside in 5 of (3) before soon correcting in (4). Within (3), it ended 1 at $61.52 high, 2 at $51.59 low, 3 at $81.48 high, 4 at $68.05 low & favors upside in 5.

Wave (3) already reached the 1.618 extension level of (1), but can see small upside before correcting in (4). It expects 5 to extend in to $84.68 – $89.82 area, while stay above $73.00 low to finish (3). If it breaks below $73.00 low, it should be correcting in (4) in 3 or 7 swings. It expects two more highs to finish the cycle from April-2025 low before correcting next. We like to buy the pullback in 3, 7 or 11 swings in ((2)), once 5 swings confirmed. The cycle from May-2023 low can be diagonal, if makes a new high above February-2025 before dip pullback that break below April-2025 low. While above April-2025 low, it should be nest.

Source: https://elliottwave-forecast.com/stock-market/upstart-upst-ready-next-big-rally/

 

[Elliottwave-Forecast]

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of XLF. We presented to members at the elliottwave-forecast. In which, the rally from the 07 April 2025 low is unfolding as an impulse structure. Also showed a higher high sequence suggested that ETF should see more upside extension to complete the impulse sequence. Therefore, we advised members not to sell the ETF & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

XLF 1-Hour Elliott Wave Chart From 7.15.2025​

Here’s the 1-hour Elliott wave chart from the 7.15.2025 Midday update. In which, the short-term cycle from the 4.10.2025 low ended in wave 3 as impulse at $53.29 high. Down from there, the ETF made a pullback in wave 4 to correct that cycle. The internals of that pullback unfolded as Elliott wave double three structure where wave ((w)) ended at $52.14 low. Wave ((x)) bounce ended at $52.76 high. Then wave ((y)) managed to reach the blue box area at $51.59- $50.87. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

XLF 1-Hour Elliott Wave Chart From 7.28.2025​

This is the 1-hour Elliott wave Chart from the 7.28.2025 Midday update. In which the ETF is showing a 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 then, XLF has already made a new high targeting $53.78- $54.54 area higher minimum before profit taking & next pullback takes place in 3, 7 or 11 swings.

Source: https://elliottwave-forecast.com/stock-market/xlf-reaches-new-heights-blue-box-proves-pivotal/

 

[Elliottwave-Forecast]

Hello fellow traders. In this technical article, we are going to present Elliott Wave trading setup of AMD. 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 trade management.

AMD Elliott Wave 1 Hour Chart 07.21.2025​

The current analysis suggests that AMD stock is undergoing a wave 4 pull back. We can count 5 waves from the peak so far. That implies the pullback is incomplete at the moment — we expect more short-term weakness, another leg down ((c)) black toward the Blue Box.

Our analysis calls an extension toward the extreme zone at the 153.72-149.60 area, where we are looking to re-enter as buyers. We recommend members avoid selling AMD, 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)) black 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.

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.

AMD Elliott Wave 1 Hour Chart 07.21.2025​

The stock extended lower into the Blue Box area and found buyers, just as expected. AMD stock has staged a strong rally toward new highs . As long as price holds pivot at 149.27 low , further upside remains likely.

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.



Source: https://elliottwave-forecast.com/stock-market/advanced-micro-devices-amd-stock/

 

[Elliottwave-Forecast]

The GBPUSD is trading in higher high sequence from 9.22.2022 low in weekly. The bounce is corrective Elliott Wave sequence & expect further upside. It favors pullback in proposed 7 swings from 7.01.2025 high & extend into 1.3162 - 1.2898 area, while below 7.23.2025 high. It should find buyers in to extreme area for next leg higher in daily or at least 3 swings bounce. In 4-hour, it started correcting lower from 7.01.2025 high. It ended W at 1.3362 low of 7.16.2025 & X at 1.3589 high of 7.23.2025 each in 3 swings. Below X high, it favors downside in Y in 3 swings as it broke below 7.16.2025 low, expecting into extreme area. Within W, it ended ((a)) at 1.3523 low, ((b)) at 1.3620 high & ((c)) at 1.3362 low. Above there, it placed ((a)) at 1.3486 high, ((b)) at 1.3371 low & ((c)) as X connector at 1.3589 high. The double correction unfolds in 3-3-3 structure, which will completes, when current bounce fail below 7.23.2025 high to new low into extreme area. It ended ((a)) of Y into 0.618 - 0.764 Fibonacci extension area of W & expect 3 or 7 swings bounce in ((b)).

Below X high, it placed ((a)) of Y at 1.3305 low & favors bounce in ((b)) in 3 or 7 swings against 7.23.2025 high. Within ((a)), it ended (i) at 1.3528 low, (ii) at 1.3563 high, (iii) at 1.3413 low, (iv) at 1.3543 high & (v) at 1.3305 low. Above there, it favors bounce in (a) of ((b)) and expect small upside before it should pullback in (b). The next pullback in (b) should stay above 1.3305 low choppy price action before continue upside in (c). Ideally, ((b)) can bounce between 1.3413 - 1.3481 area as 0.382 - 0.618 Fibonacci retracement of ((a)) before continue lower. Wave ((b)) bounce expect to fail below 1.3591 high before extend lower in ((c)) into 1.3162 - 1.2898 to finish double correction. Because of higher high in daily since September-2022 low, it should find buyers in extreme area to resume higher. It expects sideways to higher until FOMC event followed by selloff, while bounce fail below 7.23.2025 high. We like to buy the pullback into extreme area for next leg higher or at least 3 swings reaction.

GBPUSD - 60-Minute Elliott Wave Technical Chart:

Source: https://elliottwave-forecast.com/news/gbpusd-elliott-wave-bounce-fail-support/

 

[Elliottwave-Forecast]

The USDJPY pair exhibits an incomplete bullish sequence originating from the April 22, 2025 low, signaling potential for further upside. We can project the extreme target area for this rally can be projected using using the 100% to 161.8% Fibonacci extension from the April 22 low. This places the target range between 150.88 and 156.33. The ongoing rally from the May 27, 2025 low is unfolding as a double three Elliott Wave structure. This structure has two zigzag corrective structure driving the upward momentum.

From the May 27 low, wave W concluded at 148.03. A corrective pullback in wave X then followed, which bottomed at 142.67. Currently, wave Y is in progress, with internal subdivision as a zigzag pattern. From the wave X low, wave ((a)) peaked at 149.18, followed by a corrective wave ((b)) that unfolded as a zigzag. Within this structure, wave (a) ended at 147.81 and wave (b) reached 149.08. Wave (c) completed at 145.87, finalizing wave ((b)) in the higher degree. The pair has since resumed its ascent in wave ((c)), developing as a five-wave impulse.

From wave ((b)), wave (i) concluded at 148.71, with a minor pullback in wave (ii) at 147.79. In the near term, as long as the pivot low at 145.87 holds, dips are expected to attract buyers in a 3, 7, or 11-swing corrective pattern, supporting further upside toward the Fibonacci extension targets.

USDJPY - 60-Minute Elliott Wave Technical Chart:

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Source: https://elliottwave-forecast.com/ne...tive-usdjpy-targets-completion-7-swing-rally/

 

[Elliottwave-Forecast]

In recent years, the USDCNH paused its long-term attempt to strengthen against the USD. Back in February 2014, it found support at 6.0153, marking wave ((III)). What followed was textbook Elliott Wave: a zig-zag corrective structure that reached equal legs at 7.1964 in September 2019.

At that point, many expected the downtrend to resume. But renminbi had other plans.

Instead of continuing lower, the pair broke above the 7.1964 high, invalidating the simple correction thesis and hinting at something deeper: a double correction structure.

What does this mean?

• The break above 7.1964 suggests the renminbi is undergoing a complex correction, not a trend reversal.
• This opens the door to further upside in the short-to-medium term, before any sustained strengthening resumes.
• Traders should watch for internal wave subdivisions and confirmation of the second corrective leg.

When a zig-zag fails to hold, expect complexity. Double corrections often trap trend followers, structure matters more than sentiment.

USDCNH July 2023 Weekly Chart​

Since July 2023, USDCNH has extended its complex correction. After wave (w) peaked at 7.1974, the pair dropped in an expanded flat for wave (x), ending with a diagonal bounce from 6.3058. Momentum shifted quickly, wave "a" impulsed to 7.3748, breaking above wave (w) and confirming the bullish sequence. Wave "b" retraced to 6.6883 before price resumed higher. USDCNH is targeting the 7.4866–7.7646 zone to complete wave "c", wave (y), and wave ((IV)), before the renminbi resumes its broader downtrend.

USDCNH March 2025 Weekly Chart​

In March 2025, USDCNH rallied in wave (1) of ((3)), reaching the 7.3700 high. The move showed strength, but failed to break new highs, an early sign of hesitation. A pullback followed, likely wave (2) of ((3)), as the dollar posted its worst quarterly drop since 1973. Despite the dollar’s sharp depreciation, USDCNH didn’t mirror the move. This divergence suggests underlying strength in the renminbi’s corrective structure. The pair held firm, preserving its bullish sequence.

USDCNH July 2025 Weekly Chart​

The weekly chart shows a clear breakout above the 2022 highs. This signals more upside ahead. The move broke out in a corrective fashion. Wave (2) formed an expanded flat, as you can watch on the chart. As long as USDCNH stays above wave 'b' at 6.6883, we expect bullish continuation. Why use the lows of wave 'b' and wave ((2)) as pivots? Because until price breaks above wave B’s high, we can’t rule out an expanded flat for wave ((2)). For now, we stay bullish. We expect wave (3) of ((3)) to lead the next rally. Our target remains 7.4866–7.7646. That zone would complete the correction that began in 2014.

Source: https://elliottwave-forecast.com/forex/usdcnh-resuming-bullish-path-toward-7-76/

 

[Elliottwave-Forecast]

The VanEck Vectors Junior Gold Miners ETF (GDXJ) is an exchange-traded fund designed to track the performance of small-cap companies primarily engaged in gold and silver mining. Launched in 2009, GDXJ offers investors exposure to junior gold miners, which are often more volatile but can provide significant growth potential compared to larger mining firms. The ETF has become a popular vehicle for those seeking to capitalize on bullish trends in precious metals, particularly during periods of economic uncertainty or rising gold prices. In this article, we will explore the long term Elliott Wave technical path of the ETF.

GDXJ Monthly Elliott Wave View​

The monthly Elliott Wave chart for the GDXJ (Junior Gold Miners ETF) highlights a pivotal turning point. The ETF reached a Grand Super Cycle bottom of $16.36 in January 2016. This marks the start of an upward trend characterized by a nested impulsive structure. From this low, wave (I) peaked at $52.50, followed by a wave (II) pullback to $19.52. The ETF then resumed its ascent in wave (III), forming another impulsive pattern. Within wave (III), wave I climbed to $65.95, with the subsequent wave II correction bottoming at $25.80. The ETF has since continued its upward momentum, with wave ((1)) reaching $55.58 and the wave ((2)) pullback concluding at $41.85. As long as the ETF holds above the $16.36 level, expect further gains in the ETF.

GDXJ Daily Elliott Wave View​

The daily Elliott Wave chart for the GDXJ (Junior Gold Miners ETF) reveals a potential triple-nested structure emerging from the September 26, 2022 low. This structure is characterized by the sequence ((1))-((2))-(1)-(2)-1-2, as shown in the chart. It signals the potential for a robust upward move in the ETF in the coming weeks and months. The ETF should find support at the 3, 7, and 11 swing levels as long as the pivot at $26.10 holds.

Source: https://elliottwave-forecast.com/vi...junior-gdxj-set-resume-impulsive-move-higher/

 

[Elliottwave-Forecast]

Wave ((2)) Correction Likely Complete – Long-Term Elliott Wave Rally May Be Underway Toward $100+​

Dominion Energy (D) has shown a strong bullish structure on the monthly chart, suggesting a significant Elliott Wave progression. According to the latest analysis, the stock may have completed the corrective wave ((2)). If confirmed, this sets the stage for the beginning of a powerful bullish wave ((3)) to the upside.

The wave count shows a clear five-wave impulse from the 1980s into the 2007 peak, followed by a WXY double three correction that likely completed in the recent low near $45. This pullback was deep but remains above the key invalidation level at $2.28. Since then, prices have rebounded, and bullish momentum is building.



The preferred Elliott Wave count favors the right side higher, with a projected long-term path pointing above $100. We do not recommend selling into weakness. Instead, traders should consider positioning on the long side, ideally near blue box areas if pullbacks happen. These zones represent high-probability areas where the next leg up could begin.

This setup fits into a larger degree wave ((3)), which typically shows strong momentum and price acceleration. If the count holds, this rally could last for years, offering significant upside potential for long-term investors.

Summary:​

In summary, Dominion Energy appears to have completed its multi-year correction. A new bullish cycle may have already begun. The current structure supports further upside, making this a stock to watch closely in the months ahead.

Source: https://elliottwave-forecast.com/st...-d-elliott-wave-analysis-major-bullish-cycle/

 

[Elliottwave-Forecast]

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 July 23, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.

5 Wave Impulse Structure + ABC correction​

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$MSFT 1H Elliott Wave Chart 7.28.2025:​

In the 1-hour Elliott Wave count from July 28, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at black ((i)). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $511.32 and $508.13

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

$MSFT 1H Elliott Wave Chart 7.28.2025:​

The next update, shows the stock is finding support from the equal legs area as predicted allowing traders to get risk free. The stock has traded into new all time highs and is expected to remain supported against April 2025 low.

Conclusion​

In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against July 23, 2025 lows. 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-2/

 

[Elliottwave-Forecast]

JIOFIN resumes its bullish trend after completing a correction near 198.47 INR. The stock is now advancing in wave (5) of a larger Elliott Wave sequence.​

After a prolonged correction, Jio Financial Services Ltd (NSE: JIOFIN) completed its larger wave II near the 198.47 INR level. This area also aligned with the ideal blue box buying zone. Price turned up from there, signalling the start of a bullish wave III sequence.

Since that low, the stock has shown strong upward momentum. A clear five-wave impulsive move has developed within wave ((1)) of III. Wave (1) kicked off the rally from the April low. It was followed by a corrective wave (2). The bullish trend resumed with a strong wave (3), then a shallow wave (4) pullback. This pullback respected prior support and stayed within the bullish right side tag. The recent breakout suggests wave (5) of wave ((1)) is now underway. Further upside is likely before the market enters a larger wave ((2)) correction.



The invalidation level at 198.47 INR remains key to the bullish view. As long as price remains above this level, dips are expected to be corrective and should offer buying opportunities. This rally is not just a short-term recovery but part of a broader bullish cycle that began after the March low. Traders should continue to monitor the development of wave (5) and look for momentum confirmation as price moves higher. Any shallow pullbacks in the short term can offer favorable risk-reward long setups within the ongoing wave III rally.

Source: https://elliottwave-forecast.com/st...services-elliott-wave-update-wave-5-progress/

 

[Elliottwave-Forecast]

Builders FirstSource, Inc., (BLDR) manufactures & supplies building materials, components & construction services to professional homebuilders, sub-contractors, remodelers & consumers in the United States. It comes under Industrials sector & trades as “BLDR” ticker at NYSE.

BLDR was corrected more than 50 % since all time high of $214.70 in June-2025 low. It ended correction of ((II)) at $102.60 in 6.02.2025 low in daily extreme area. Above there, it favors upside in next cycle or at least larger 3 swings bounce. We like to remain long from the daily extreme area against 6.02.2025 low.

BLDR - Elliott Wave Latest Daily View:​

It ended multi year impulse sequence at $214.70 high in March-2024 from inception. It ended (I) of ((I)) at $28.43 high in February-2020, (II) at $9.00 low in March-2020, (III) at $86.48 high in January-2022, (IV) at $48.91 low in June-2022 & (V) at $214.70 high. Within (V), it ended I at $74.48 high, II at $52.70 low, III at $156.85 high, IV at $105.24 low & V at $214.70 high. It ended ((II)) in flat correction. Within ((II)), it ended (a) at $130.75 low, (b) at $203.14 high & (c) at $102.60 low. The (a) unfold in zigzag, (b) in double three & (c) in impulse sequence in ((II)) pullback. It ended ((II)) correction in daily extreme area between $118.90 - $66.81 & now turned higher.

Above ((II)) low, it proposed ended (1) at $138.44 high & favors pullback in (2) against 6.02.2025 low. Within (1), it ended 1 at $119.35 high, 2 at $106.03 low, 3 at $137.21 high, 4 at $121.55 low & 5 at $138.44 high. Currently, it favors bounce in B of (2), while placed A at $118.17 low. It expects B to fail below $138.44 high to extend lower in C to extreme area to finish (2). We like to buy the extreme area against 6.02.2025 low for the next leg higher. Alternatively, it can break above $138.44 high to be 3 of (1), while placed 1 at $138.44 high. In that case, it can see two more highs to finish (1) before next pullback may unfold.

Source: https://elliottwave-forecast.com/stock-market/bldr-eyes-next-multi-year-rally/

 

[Elliottwave-Forecast]

Hello traders. As our members know, we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in Silver (XAGUSD). The commodity has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave Forecast , explain the trading setup and present the target area.

SILVER XAGUSD Elliott Wave 4 Hour Chart 07.30.2025​

The pullback has the form of an Elliott Wave Zig Zag pattern. We are counting a 5-3-5 sequence from the peak, and the equal legs have not been reached yet. Silver is expected to make another low toward the extreme zone at 36.648–35.627 (buying area). We expect buyers to appear there for another push higher or at least a 3-wave bounce. Once the price reaches the 50% Fibonacci retracement against the red B connector, we will make the position risk-free by moving the stop loss to breakeven and booking partial profits.

Did you know ? 90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

SILVER XAGUSD Elliott Wave 4 Hour Chart 06.12.2025​

Silver found buyers as expected at the Blue Box area, making decent bounce. The price has reached and exceeded 50 fibs from the B red connector. Consequently, any long positions from the Blue Box should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits. While above the last low 36.226 we count (4) blue correction completed. Wave (5 ) can be in progress toward new highs, targeting 40.29+ area.

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.



Source: https://elliottwave-forecast.com/commodities/silver-xagusd-elliott-wave-blue-box-2/

 

[Elliottwave-Forecast]

Oklo Inc (NYSE: OKLO) is rewriting the rules of the energy sector. While traditional utilities struggle with aging infrastructure, this nuclear innovator has delivered 300%+ gains since April 2025 - turning skeptics into believers. The sector hasn't seen this level of disruptive potential since the early days of solar. Today, we break down OKLO’s Elliott Wave structure, key targets, and why bulls remain in control.

Elliott Wave Analysis​

OKLO's explosive rally since April has decisively breached February's $59.14 peak (Wave I), confirming a strong 3-wave advance in motion. The current impulse shows Wave ((1)) peaking at $73.55, Wave ((2)) bottoming at $50.08, and Wave ((3)) now extends higher. This incomplete bullish sequence forms part of a larger nesting structure within Wave III - typically the strongest and most extended phase in Elliott Wave theory.

OKLO Daily Chart​

OKLO's daily cycle analysis from April 2025 lows reveals a textbook Elliott Wave progression. Subsequently, the stock now surges through Wave ((3)) and our projections confirm an equal legs target between $106-$141, with multiple technical factors supporting this outlook.

Conclusion​

The bullish sequence formed by OKLO will support the stock through the upcoming short term corrections, creating opportunities to buy daily and weekly pullbacks using our Elliott Wave strategy. Consequently, the ideal approach is to enter positions once the stock completes a 3, 7, or 11 swing corrective sequence during pullbacks. 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/oklo-100-target/

 

[Elliottwave-Forecast]

As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in GBPUSD. The pair has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave forecast, explain the trading setup in detail, and provide the upside target.

GBPUSD Elliott Wave 4 Hour Chart 07.26.2025​

The price action suggests that GBPUSD is forming a pullback in the form of a double three (WXY) structure. While price remains below the red X connector, we believe the correction is still in progress and expect another leg lower toward the 1.3156 area , where we are looking to re-enter as buyers. We recommend that members avoid selling GBPUSD, as the main trend remains bullish. We anticipate at least a three-wave bounce from the Blue Box area.Once the price reaches the 50% Fibonacci retracement against the red X connector, we will make the position risk-free by moving the stop loss to breakeven and booking partial profits.

Did you know ? 90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

GBPUSD Elliott Wave 4 Hour Chart 08.06.2025​

The pair has made another wave down and completed 7 swings pattern at the Blue Box area. The pair found buyers as expected, making decent bounce. Reaction from the buying zone has reached 50 fibs against the X red connector. Consequently, any long positions from the Blue Box should now be risk-free. We’ve set our stop loss at breakeven and have already secured partial profits. While price holds above 1.3138, we consider the wave (4) correction complete and see potential for wave (5) to be in progress toward the 1.3936 area

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.



Source: https://elliottwave-forecast.com/forex/gbpusd-elliott-wave-forecast-blue-box/

 

[Elliottwave-Forecast]

Hello traders. In this article, we are going to present another Elliott Wave trading setup we got in Dollar Index . As our members know DXY index remains bearish against the 101.936 pivot. Recently Dollar made a clear 3 waves recovery completed precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we are going to explain Elliott Wave pattern and discuss the trading setup.

DXY Elliott Wave 4 Hour Chart 07.28.2025​

Dollar is doing recovery against the 101.936 peak. The price action suggest that recovery is still incomplete at the moment , suggesting potentially more short term strength. This correction can see another leg up toward the Blue Box zone at 99.68-101.28 area, where we are looking to re-enter as sellers. We recommend members to avoid buying Dollar. As the main trend remains bearish, we expect at least a 3-wave pull back from this Blue Box area. Once the price touches the 50 fibs against the ((x)) black connector, we’ll make positions risk-free and set the stop loss at breakeven and book partial profits. On other hand, breaking above the 101.281 peak would invalidate the trade.

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.

DXY Elliott Wave 4 Hour Chart 07.28.2025​

Dollar reached the Blue Box area between 99.68-101.28 and, as expected, found sellers. DXY has made a solid decline from our Selling Zone. As a result, any short positions taken from the Blue Box should now be risk-free, with partial profits already booked. At this point, we would like to see a further decline and a break below the July 1st low to confirm that the next leg down is in progress.

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.



Source: https://elliottwave-forecast.com/forex/dollar-index-dxy-elliott-wave-4/