To The Moon

Silver (XAGUSD) continues to exhibit an incomplete sequence from the January 29, 2026 high, suggesting that further downside remains possible. In the short term, the cycle from the May 14, 2026 high is unfolding as a double three Elliott Wave structure. From that peak, wave (W) concluded at 61.46, while the corrective rally in wave (X) terminated at 71.6. The market has since resumed lower in wave (Y), which is internally subdividing into another double three of lesser degree. This development underscores the persistence of bearish momentum within the broader corrective framework. From wave (X), the initial wave W ended at 55.57. The subsequent rally in wave X is now advancing as a corrective move, designed to retrace the cycle from the June 18, 2026 high before the metal resumes its downw

Hello traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of FTSE Index published in members area of the website. As our members know, FTSE  made a pullback that unfolded as an Elliott Wave Zig Zag pattern. Price completed a clear 3-wave move down from the peak and found support at the Equal Legs zone (buying area). In the following analysis, we explain the Elliott Wave pattern and the market outlook. FTSE Elliott Wave 1  Hour  Chart 06.22.2026 FTSE is currently forming an intraday three-wave pullback from recent highs. We identified a buying zone by measuring the Equal Legs area using the Fibonacci extension tool, with a projected relative to b. The ideal support area comes in at 10370.44-10275.23. The correction is not complete ye

Fortinet (NASDAQ: FTNT) extended its upside move above our previous $140 target. Today, we analyze the current Elliott Wave structure. Our analysis focuses on this upside extension and the projected target for the current cycle. Fortinet is currently within the strongest leg of its impulsive cycle. The stock is extending higher in wave (3) of ((3)) of III. It broke above the $140 target area. The nesting structure from the lows continues unfolding as expected. This strong third wave ideally reaches the 1.618 Fibonacci extension at $184. The cycle usually pushes prices beyond that target. Consequently, we expect the stock to remain supported during wave IV pullbacks. Then, it will look for another extension in wave V. Fortinet’s incomplete bullish sequence suggests wave III will extend furt

GBPUSD continues to show an incomplete bearish sequence from the January 27, 2026 high, keeping the bias tilted lower. The potential target can be measured using the 100% to 161.8% Fibonacci extension from that peak. This calculation defines a zone between 1.252 and 1.295, which remains the key area of interest for traders. The near‑term structure supports this view, as the decline from the May 1 high is unfolding as a five‑wave impulse. From May 1, wave 1 ended at 1.33, while the corrective rally in wave 2 concluded at 1.35. The pair then resumed its downward path in wave 3, reaching 1.314. Wave 4 is now in progress and shows internal subdivision as a double three corrective structure. From the wave 3 low, wave ((w)) ended at 1.326, followed by a pullback in wave ((x)) that completed at 1

Baidu (NASDAQ: BIDU) has declined 20% year-to-date, underperforming the broader market. However, the stock now shows signs of bottoming. Today, we analyze the Elliott Wave structure behind this pullback. Our analysis reveals BIDU is approaching its next technical reversal zone. We also explain the potential bullish path ahead for the stock. Elliott Wave Analysis BIDU completed a 5‑wave rally from April 2025 low, peaking at $165. The stock then began a 3‑wave Zigzag correction. Wave (A) dropped to $106, followed by wave (B) rebound to $152. Wave (C) continues lower, still unfolding. The decline in wave (C) needs another leg down to complete 5 waves, ideally reaching the $92–$78 Blue Box area where buyers often step in at equal legs extreme zones. This area should spark a bullish reversal th

Technical analysis is one of the most widely used approaches for studying financial markets. Whether traders are analyzing stocks, forex pairs, commodities, cryptocurrencies, ETFs, or indices, they often begin with one core resource: the price chart. But why do traders believe charts can provide useful information? The answer lies in the major assumptions of technical analysis. These assumptions form the foundation of chart-based trading and help explain why traders study price action, support and resistance, volume, candlestick patterns, trends, and technical indicators. Technical analysis does not claim that every future price move can be predicted perfectly. Markets are uncertain, and no indicator or chart pattern works all the time. Instead, technical analysis helps traders organize ma

Parker-Hannifin Remains in a Strong Long-Term Bullish Elliott Wave Cycle Parker-Hannifin Corporation (NYSE: PH) continues to exhibit a strong bullish Elliott Wave structure on the monthly chart. Since completing a major blue wave II correction in 2020, the stock has maintained a powerful uptrend, confirming that the larger bullish cycle remains intact. The rally from the 2020 low has unfolded in a clear impulsive sequence and is currently progressing within blue wave (III). Within this larger wave, Parker-Hannifin completed red wave I, followed by a corrective red wave II, an extended red wave III, and a corrective red wave IV. The recent pullback labeled red wave IV now appears complete, and the latest price action suggests the stock has already resumed higher in red wave V, the final leg

The short‑term Elliott Wave outlook for the S&P 500 ETF (SPY) indicates that the cycle from the March 31 low concluded at $760.4 in wave (1). Following this advance, the corrective phase in wave (2) appears to have ended at $716.55, as reflected in the 45‑minute chart. For confirmation of a sustained bullish cycle, the ETF must decisively break above the prior wave (1) peak at $760.4. Such a move would eliminate the risk of a double correction and strengthen the case for renewed upward momentum. The internal structure of wave (2) unfolded as a classic zigzag pattern. Wave A terminated at $721.23, while wave B reached $756.68. Subsequently, wave C declined to $716.55, completing the corrective sequence in higher degree. From that point, the ETF has turned upward in wave (3). Within this

Johnson & Johnson (JNJ) engages in research & development, manufacture & sale of range of products in the healthcare sector worldwide. It operates through Innovative Medicine & MedTech. It comes under Healthcare sector & trades as “JNJ” at NYSE. The JNJ favors rally in ((5)) targeting $271.37 or higher to extend January-2025 rally expected before. It favors rally in (3) of ((5)) from blue box area. Short term pullback in 3, 7 or 11 swings remain supported in 9 swing impulse rally. JNJ – Elliott Wave Latest Daily View: In weekly, it ended (I) impulse at $186.69 high in April-2022 & (II) correction at $140.68 low in January-2025. The pullback in (II) as choppy double three structure. Within (II), it ended w at $150.11 low, x at $175.97 high & y at $140.68 low. Abo

On May 14 2026 I posted on social media, @AidanFX , the EURUSD weekly chart sell setup with entry, stop and targets. EURUSD Weekly Chart May 14 2026 (Entry) EURUSD, trading, elliottwave, market patterns, forex, @AidanFX, AidanFX   EURUSD Weekly Chart June 23 2026 (4R Target HIT)   Sell trade entered May 14 2026 at 1.1713 with a 84 pip stop loss at 1.1797. On June 23 2026 EURUSD hit the 4R target at 1.1377 where I closed the sell trade for +336 pips and a +4% 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. If you followed me on social media you too could have caught the EURUSD move lower.