The short‑term Elliott Wave outlook in Silver (XAGUSD)f rom the July 17, 2026 low indicates that the cycle is unfolding as a five‑wave impulse. Within this sequence, wave ((1)) concluded at $71.23. The subsequent pullback in wave ((2)) is now in progress, serving to correct the earlier advance. Its internal subdivision takes the form of a zigzag structure, which is typical in corrective phases. From the termination of wave ((1)), wave (A) ended at $63.28. Thereafter, wave (B) developed as a zigzag of its own. In this subdivision, wave A finished at $67.47, wave B retraced to $64.71, and wave C advanced to $68.32, completing wave (B) at a higher degree. Following this, the metal resumed its decline in wave (C). The ideal target for this leg is measured by the 100% to 161.8% Fibonacci extens
Elliott Wave Zigzag Pattern: A Practical Guide to ABC Corrections
The Elliott Wave Zigzag is one of the most common and useful corrective patterns in technical analysis. It is a relatively sharp correction that develops against the direction of the larger trend and often gives traders a structured way to estimate where the pullback may complete. A Zigzag is a three-wave corrective structure labeled A-B-C. Wave A starts the correction. Wave B forms a corrective retracement against wave A. Wave C completes the pattern. Unlike many sideways corrective structures, a Zigzag usually develops with a clear directional slope. Because of this, it can sometimes look similar to an impulsive move while it is still developing. The internal structure is what helps traders identify the pattern correctly. You can learn more about Elliott Wave Patterns at our Free Elliott
Elliott Wave Outlook: DAX in Larger Degree Correction
The short‑term Elliott Wave view in DAX shows the cycle from the March 23, 2026 low has ended in wave (1) at 26,614.27. This advance formed a clear impulse structure. With wave (1) complete, the Index has entered a larger degree correction in wave (2). The internal subdivision of this correction is unfolding as a double three WXY pattern. Wave W is progressing as a zigzag. From the peak of wave (1), wave ((a)) declined to 25,727.93. A counter‑trend rally in wave ((b)) followed and ended at 26,167.93. The Index has since resumed lower in wave ((c)). This leg targets the 100%–161.8% Fibonacci extension of wave ((a)). The projected area lies between 24,737 and 25,283. Within this zone, wave W of the double three may complete. Once wave W finishes, a rally in wave X should develop. This rally
Nasdaq 100 (NQ) Elliott Wave Expanded Flat Near Completion Before Downside
The short‑term Elliott Wave outlook for the Nasdaq 100 (NQ) indicates that the rally from the July 30 low concluded in wave 1 at 30,352.16 as an impulsive structure. Following this advance, a corrective pullback in wave 2 is unfolding, with its internal subdivision taking the form of a double three. From the termination of wave 1, wave (a) ended at 29,430.50, while the subsequent rally in wave (b) reached 29,757.25. The decline in wave (c) then completed at 28,946.75, marking the conclusion of wave ((w)) at a higher degree. Currently, wave ((x)) is progressing as an expanded flat structure within the Elliott Wave framework. From the completion of wave ((w)), wave (a) advanced to 29,811.50, followed by a pullback in wave (b) that ended at 28,927.25. The index retains scope to extend higher
Financials Surge: XLF Breaks Higher from Blue Box Zone
XLF (State Street Financial Select Sector SPDR ETF) has shown a bullish impulse since the June 3, 2026 low. The 4‑hour Elliott Wave structure favors further upside as the ETF continues to make higher highs and higher lows. Our guidance for members was to avoid selling and instead buy corrective dips in 3, 7, or 11 swing sequences at clearly defined blue box areas. Instrument Snapshot Ticker: XLF Name: State Street Financial Select Sector SPDR ETF Timeframe: 4‑hour Elliott Wave analysis Trade style: Tactical buy‑the‑dip approach while the impulse structure remains intact Elliott Wave 4-Hour Technical View August 17 2026 Financials Surge: XLF Breaks Higher from Blue Box Zone The advance from the June 3 low is unfolding as an impulse. Key structure points: Wave (3) completed at $58.43. Wave (
Royal Bank of Canada (RY): Elliott Wave Analysis Points to $222.9–$238.45 Upside
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. The RY continue rally within ((3)) impulse in sequence from April-2025 low as per last article. Short term, it should continue rally into $222.9 – $238.45 area before pullback start. Since March-2020 low as (II), it started rally in (III) in weekly. It placed I of (III) at $119.41 high in January-2022 & II at $77.90 in October-2023 low. It ended ((1)) of III at $128.05 high, ((2)) at $106.10 low & favors rally in ((3)) against April-2025 low. RY – Elliott Wave Latest Weekly View: Within ((1)), it ended (1) at $102.0
On August 31 2026 I posted on social media @AidanFX the EURUSD sell entry chart with stop loss and targets. EURUSD 15 Minute Chart August 31 2026 (Sell Entry) EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX EURUSD moves lower and on September 1 2026 price hits the 3R target at 1.1576 from 1.1612 and I closed the sell trade for +36 pips (+3% gain risking 1% on every trade) EURUSD 15 Minute Chart September 1 2026 (Targets Hit/Trade Closed) EURUSD, trading, elliottwave, bearish 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 rig
Elliott Wave View: Early Signs of Bullish Cycle in Pan American Silver (PAAS)
Pan American Silver Corp. (PAAS) is one of the world’s leading primary silver producers, headquartered in Vancouver, Canada. With a diversified portfolio of mining operations and exploration projects across the Americas, the company not only delivers significant silver output but also produces gold and base metals. Its scale, jurisdictional breadth, and long track record in the sector make PAAS a key name for investors seeking exposure to precious metals. PAAS Monthly Elliott Wave Chart Pan American Silver (PAAS) completed wave ((II)) of the Grand Supercycle at the $5.70 low, establishing a major long‑term pivot. From that base, the stock advanced in a nested wave ((III)) structure. Up from wave ((II)), wave (I) peaked at $40.11, followed by a wave (II) correction to $12.16. The stock has
The short-term Elliott Wave view for the S&P 500 (SPX) indicates that the cycle from the June 9 low is approaching maturity. The structure is close to completing a five-wave impulsive sequence. From that low, wave (i) ended at 7579.93, followed by a corrective decline in wave (ii) that finished at 7313.92. The Index then advanced in wave (iii), reaching 7816.7, as shown in the one-hour chart. A subsequent pullback unfolded, and wave (iv) is proposed to have completed at 7611.07. At this stage, the Index must break above the prior peak at 7816.7 to to rule out a double correction. In the near term, as long as the pivot at 7611.07 remains intact, the expectation is for the Index to extend higher. This move would complete wave (v) and finalize the cycle from the June 9 low. Once wave (v)
META Rebounds Targeting 632 – 654 Potential Selling Area
Hello Traders, in today’s blog post we are reviewing the $META wave structure shared with our members, which pointed to a bullish reversal. The Elliott Wave Zigzag pattern confirmed the move just above the critical 518.21 invalidation level, propelling prices sharply higher. Read on as we break down what lies ahead for the stock. The Corrective Pullback Forecast The chart from 08.14.2026, highlighted a completed impulsive rally in wave (A), followed by a 5-swing structure in wave A. This 5-swing decline signalled that the market was developing a classic 5-3-5 Zigzag correction. Based on this structure, the forecast called for a final push higher in wave B—holding below the wave (A) high—before turning lower in wave C of (B). What is a ZigZag Correction? A Zigzag structure in Elliott Wave T