Create free account

Comprehensive Elliott Wave Analysis and Free Resources

This page provides free Elliott Wave analysis to help traders make informed decisions in the market. Learn how to interpret wave patterns and apply them to your trading strategy.

Free to Join

✓ Live wave counts & key levels · ✓ MT5 trade journal · ✓ EW-Talk community · ✓ Instant alerts

Create Free Account
EURUSD —
— ● Live
London OPEN
NY Closed
Asia Closed
Last: 2 weeks ago

((iv)) Bounce Due Towards 1.1350

Posted by Tony Lyle · 2 weeks ago

Bias Bullish near term
Current wave Minor Wave C forming
Condition Impulsive
Confidence Medium
EURUSD DAILY Chart 🔍
EUR/USD has completed wave ((iii)) near 1.1161 and is expected to move sideways in wave ((iv)), possibly as a triangle, towards 1.1278 to 1.1350. Once that completes, we expect wave C to continue lower towards 1.1094.

Weekly Context

🔒 Premium — upgrade to view weekly context. Upgrade →
Read full analysis →

EUR/USD Wave (iii) Nearing Completion

Posted by Tony Lyle · 4 weeks ago

Bias Bearish
Current wave Primary Wave 3 near complete
Condition Corrective
Confidence Medium
EURUSD 4H Chart 🔍
Wave (iii) appears to be nearing completion around the 1.618-2.618 extension zone at 1.14171-1.12708. From there, we expect a corrective Wave (iv) retracement, with the 1.14190–1.14635 area and base channel support acting as potential resistance. A rejection from this area could lead to a final Wave (v) decline.

Daily Context

Near-term Bullish, Long-term Bearish Minor · Wave C · Forming 2 weeks ago

EUR/USD has completed wave ((iii)) near 1.1161 and is expected to move sideways in wave ((iv)), possibly as a triangle, towards 1.1278 to 1.1350. Once…

Read full analysis →
1H Bullish near term 🔓 Free
💶Euro / Dollar Analysis ⚡Intraday 1h Day Trader
EURUSD - EURO currency pair is in a short-term correction for Minute Wave ((ii)), unfolding as a bounce. Its first two legs, Wave (a) and Wave (b), have completed at 1.165 and 1.156 respectively. The final leg of the corrective upside is now in process: its internal Wave i completed at the liquidation of Micro Wave ((4)) of Wave c of Wave (b), at 1.161. Micro Wave ((B)) is currently unfolding following the completion of Micro Wave ((A)), as part of the Wave ii correction, which is set to complete at the low of 1.1580–1.1587. After the completion of this Correction price is expected to finish its Wave (c) in the price range of 1.164 - 1.167, and will continue the larger Bearish Trend.
1 month ago →
1H Turning Bearish 🟢 High 🔒
#EURUSD: Wave iii is near completion and may unfold the Wave iv of larger Wave (c).
Entire Structure is Flat and Internal Wave (c) is developing as the 5 moves up to Complete the Wave (c).
3 months ago →

⚠️ Risk Warning: This content is for informational purposes only and does not constitute financial advice. Trading futures, forex, and other leveraged instruments involves a significant risk of loss and may not be suitable for all investors. Past performance is not indicative of future results. Please ensure you fully understand the risks before trading.

You cannot copy content of this page