EURUSD Buy Trade Setup 1. Bullish divergence market pattern. (Red line) 2. Bullish CHoCH/Change of Character. (Black line) 3. Price below equilibrium level where buyers are waiting. (Blue) 4. Wait for price to tap demand zone (Pink) and buy zone (Green) first then enter BUY/LONG with stop loss at the range low and target at 2R minimum. EURUSD 4 Hour Chart February 16 2026 EURUSD, trading, elliottwave, bullish market patterns, forex, @AidanFX, AidanFX 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%,
Amazon completes wave 4 bounce and turns lower toward Fibonacci downside targets. Amazon (AMZN) has resumed its decline after completing a corrective bounce. The stock formed a three-swing recovery in red wave 4 following the earlier three-wave drop from the peak at 247.77. The bounce remained corrective and failed to change the bearish trend. After finishing wave 4, price turned lower again and started a new impulsive move. The decline is now progressing in wave 5 and is developing as a clear five-wave structure. This confirms sellers remain in control and the larger downside sequence continues. In the near term, the current leg lower should extend toward the 1.236 external retracement of wave 4 near 192.96. This area represents the first downside target. However, the bearish momentu
Johnson Controls (JCI) Favors Rally Up To 151.5 Before Correcting Next
Johnson Controls International plc, (JCI) engages in engineering, manufacturing, commissioning & retrofitting building products & systems in United States & globally. It operates in four segments like Building Solutions in North America, Building Solutions EMEA/LA, Building Solutions Asia-Pacific & Global products. It comes under Industrials sector & trades as “JCI” ticker at NYSE. JCI is showing bullish Elliott Wave sequence in weekly. It favors rally in ((3)) of III & expect continuation, while dips remain above January-2026 low. We like to buy the next pullback in ((4)) at extreme area against October-2023 low. In weekly, it ended I of (III) at $81.77 high & II at $45.52 low in July-2022. Above there, it favors rally in III, where ((3)) is extended. Within II
Dixon Technologies Elliott Wave Forecast: Wave V Rally Targeting 21,500+
Bullish reversal from the blue box support signals the next impulsive rally phase Dixon Technologies (India) Ltd has delivered a technically clean reaction from a major Elliott Wave support region. The weekly structure now suggests the corrective phase has likely ended and the next impulsive advance has begun. Based on the chart structure, we are considering red wave IV completed inside the high-probability support zone between the 50% and 61.8% Fibonacci retracement of wave III — represented by the blue box. This zone historically acts as an area where institutions accumulate positions within a strong trend. Price respected this area precisely and turned higher, indicating buyers have regained control. Elliott Wave Structure and Current Market Position The stock previously formed a strong
CCL Products Elliott Wave Forecast: Wave III Ending, Wave IV Pullback Ahead
Momentum is nearing exhaustion in Wave III, setting up a corrective pullback that could create the next high-probability buying opportunity for the Wave V advance. CCL Products (India) Limited continues to follow a strong bullish Elliott Wave structure on the monthly chart. The long-term trend began from the major base near the 130 region, where the stock formed a cycle low and started a new impulsive advance. Since then, price action has developed in a clear five-wave sequence, confirming institutional participation and sustained buying pressure. At present, the stock is trading in Wave III of the larger bullish cycle. Inside this wave, the subdivisions also show a completed series of smaller waves (1), (2), (3), (4), and the final stretch of (5). The rally has displayed classic third-wav
NZDUSD Validates Blue Box Strategy, Offers Buy Setup
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of NZDUSD. In which, the rally from 21 November 2025 low is unfolding as an impulse & showed a higher high sequence therefore, called for an extension higher to take place. We knew that the structure in NZDUSD should remain supported & extend higher. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: NZDUSD 1-Hour Elliott Wave Chart From 2.06.2026 NZDUSD Validates Blue Box Strategy, Offers Buy Setup Here’s the 1- hour Elliott wave Chart from the 2.06.2026 Asia update. In which, the rally to $0.6092 high completed wave ((iii)) & made a pullback in wave ((iv)) to correct the cycl
QQQ Elliott Wave Structure Points to a Higher‑Degree Pullback from the April 2025 Low
The Nasdaq‑100 Index ETF (QQQ) has completed the cycle that began from the April 7, 2025 low, and the instrument is now entering a larger‑degree corrective phase. The decline from the October 29, 2025 high is unfolding as a double‑three Elliott Wave structure, which reflects a more complex form of correction. From the October 29 peak, wave W ended at $580.74, followed by a recovery in wave X that reached $637.56. After this rebound, the ETF turned lower again and began wave Y. The internal structure of wave Y is developing as a zigzag, which is consistent with the broader corrective theme. From the wave X high, wave ((a)) declined to $587.44, while wave ((b)) retraced to $617.52. This sequence sets the stage for the next leg lower within wave Y. In the near term, the bearish outlook remain
Elliott Wave Analysis on USDJPY Signals Broader Pullback
$USDJPY has concluded the cycle from the April 22, 2025 low and is now entering a corrective phase of larger magnitude. From the January 14, 2026 peak, the pair has begun to retrace with internal subdivision unfolding as a zigzag Elliott Wave structure. The initial decline from the January 14 high saw wave (A) finish at 152.08, as shown on the one‑hour chart. Following this, the pair advanced in wave (B), which itself developed as a zigzag of lesser degree. Within this move, wave A ended at 155.51, wave B pulled back to 154.53, and wave C extended higher to 157.7. This completed wave (B) in the larger sequence. From that point, the pair turned lower in wave (C), which is unfolding as a five‑wave impulse. The initial leg, wave ((i)), ended at 155.51. The corrective rally in wave ((ii)) reac
Metals & Mining ETF $XME Blue Box Area Offering a Buying Opportunity
Hello everyone! In today’s article, we’ll review the recent performance of Metals & Mining ETF ($XME) through the lens of Elliott Wave Theory. We’ll look at how the pullback from all-time highs unfolded as a textbook 3-swing correction and discuss what could come next. Let’s explore the structure and the expectations for this ETF. 5 Wave Impulse Structure + ABC correction $GOOGL $XME 1H Elliott Wave Chart 1.30.2026: $XME In the 1-hour Elliott Wave count from Jan 30, 2026, we saw that $XME completed a 5-wave impulsive cycle at blue (3). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings, likely finding buyers in the blue box area between $119.25 and $112.01. This setup aligns with a typical Elliott Wave correction pattern (ABC), in whi
Gold (XAUUSD) reached an all-time high of $5610.8 on 29 January 2026, marking the completion of wave I. Since then, the metal has been correcting a larger cycle that began from the September 2022 low, unfolding within wave II. The correction is developing as a double three Elliott Wave structure, reflecting a complex adjustment in price action. From the wave I peak, wave (W) ended at $4941.61, followed by wave (X) at $5145.73. The decline continued with wave (Y), which terminated at $4402.06. This sequence completed wave ((W)) of the higher degree. The market has since entered a rally in wave ((X)), which is also subdividing as another double three. Within this advance, wave (W) ended at $5091.4. A pullback in wave (X) followed, reaching $4654.35. The current move higher is unfolding as wa