Wave IV is unfolding in its final triangle leg as NBCC approaches a key support zone. The current decline in wave ((E)) is expected to end between 89.69 and 77.24 before the long-term bullish trend resumes above 137.56. NBCC (India) Limited continues to maintain a constructive long-term Elliott Wave structure despite the ongoing correction from its 2024 peak. After delivering an exceptional rally from the 2022 low, the stock completed a five-wave impulsive advance into wave III at 137.56. Since then, price has entered a corrective phase that appears to be unfolding exactly as expected within a classic Elliott Wave triangle pattern. The broader trend remains firmly bullish, and the current decline should be viewed as a corrective pause rather than the beginning of a larger bearish trend. As

EURUSD maintains an incomplete bearish sequence from the January 27, 2026 peak, leaving room for further downside. The projected target zone is defined by the 100% to 161.8% Fibonacci extension from the January 27 high, which falls between 1.076 and 1.117. This extension range provides a precise technical framework for anticipating the next leg lower. In the near term, the cycle from the July 2, 2026 high has unfolded into a five‑swing decline, reinforcing the bearish bias and signaling additional weakness. From the July 2 high, wave ((i)) concluded at 1.139 as a diagonal structure. A corrective rally in wave ((ii)) terminated at 1.146, after which the pair resumed its downward trajectory in wave ((iii)). The internal subdivision of wave ((iii)) is unfolding as another five‑wave impulse. W

On July 8 2026 I posted the EURUSD buy/long trade on social media @AidanFX with the entry, stop loss and targets. “LONG EURUSD 1.1410 Stop Loss 1.1391 Target 1.14385 – 1.1448 area” EURUSD 15 Minute Chart July 8 2026 EURUSD moves higher and hits 2R target at 1.1448 from 1.1410 and I closed the buy trade for +38 pips (+2% gain risking 1% on every trade) A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG. Of course, like any strategy/technique, there will be ti

Zig-Zag or ABC is the most popular corrective pattern in Elliott Wave Theory. At the mention of the word “correction” many Elliott Wave practitioners would think of a Zig-Zag pattern and that’s one of the traps in modern analyzing . The Evolution of Market Patterns It’s important to understand that the market is not the same as it was in the 1930s when Ralph Nelson Elliott developed the analytical tools that practitioners today call Elliott Waves. Most long-term EWF members already know that the WXY (Double Three) pattern is also common in today’s markets. In the following text, we will go through these patterns and explain the differences. Elliott Wave Zig-Zag Pattern Zig zag iz corrective Elliott Wave pattern made of 3 swings which have 5-3-5 inner structure. It’s labeled as A,B,C where

Hello fellow traders.  In this technical article we’re going to take a quick look at the Elliott Wave charts of Silver Commodity XAGUSD .  As our members know, both Silver and Gold are showing incomplete bearish sequences in the daily cycles.  Recently  SILVER made short term recovery that unfolded as Wave Zig Zag Pattern. In the further text we are going to explain the Elliott Wave Pattern and the Forecast. Before we take a look at the real market example, let’s explain Elliott Wave Zigzag pattern. Elliott Wave Zigzag is the most popular corrective pattern in Elliott Wave theory . It’s made of 3 swings which have 5-3-5 inner structure. Inner swings are labeled as A,B,C where A =5 waves, B=3 waves and C=5 waves. That means A and C can be either impulsive waves