To The Moon

Progressive Corporation (NYSE: PGR), a leading American insurer, ranks second in U.S. auto insurance. The stock price surged over the past two years as the company’s growth accelerated. Moreover, PGR looks ready to challenge new all-time highs. This article explores Elliott Wave analysis, highlighting bullish patterns that could attract both investors and traders. PGR Daily Chart Elliott Wave Analysis The daily chart of PGR highlights an impulsive advance, with the recent peak marking wave (III) low at $292.99. The stock then completed a 3-wave pullback in wave (IV), bottoming at $247.98. From there, it resumed its upward trajectory, aiming to establish a new advance in wave I of (V). However, PGR must break above its March 2025 peak to confirm the higher-high sequence and sustain its bull

Hello fellow traders, As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in USDJPY . The Forex Pair completed its correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we will delve into the specifics of the Elliott Wave pattern observed and discuss the trading setup in detail. USDJPY Elliott Wave 4 Hour  Chart 05.08.2025 The pair is forming a correction against the 151.22 peak. The price action shows an incomplete higher high sequences in the rally from the low, suggesting potentially more short term strength. This correction is likely unfolding as an Elliott Wave Double Three pattern. We anticipate an extension toward

Hello traders.  In this article, we are going to present another Elliott Wave trading setup we got in Dollar Index . As our members know DXY index remains bearish against the 109.96 pivot. Recently Dollar made a clear 7 swings pattern and completed its correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we are going to explain Elliott Wave pattern and discuss the trading setup in detail. DXY Elliott Wave 4  Hour  Chart 05.10.2025 Dollar is doing recovery against the 109.96 peak. The price action shows an incomplete higher high sequences in the rally from the low, suggesting potentially more short term strength. This correction is unfolding as an Elliott Wave Double Three pattern. We expect more upside toward the Blue Box

Hello everyone! In today’s article, we’ll examine the recent performance of NVIDIA Corp. ($NVDA) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 21, 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse + 7 Swing WXY correction   $NVDA 1H Elliott Wave Chart 4.30.2025: In the 1-hour El

GBPUSD resumes the bullish cycle from the blue box to give sellers warnings. The pair is still within an incomplete bullish cycle from from September 2022. This blog post shares the setup that gave the Elliottwave-Forecast members the clues on where to buy. GBPUSD has been on a bullish cycle since October 2022, albeit a corrective one. This bullish cycle is correcting the long-term sell-off from November 2007. If not correcting the cycle from such a long time, then it is at least correcting the bearish run from May 2021. From the low of September 2022, where this cycle started, we expect a 3-swing bounce first and possibly a 7-swing later. Meanwhile, the 3-swing bounce has not yet reached the extreme. Thus, buyers should continue to dominate from the dip. That’s the short to medium-term id

The VanEck Semiconductor ETF (SMH) gives investors access to 25 major U.S.-listed semiconductor companies. The fund includes NVIDIA, Taiwan Semiconductor, Broadcom, Texas Instruments, QUALCOMM, ASML Holding, Applied Materials, Lam Research, Micron Technology, and AMD. Analysts view SMH as a strong investment in a sector driving advancements in AI, cloud computing, and high-performance computing. While volatile, experts emphasize long-term growth, supported by rising demand for AI, 5G, and autonomous vehicles. Despite market fluctuations, SMH often outperforms when investor sentiment improves. Investors closely monitor global supply chains, trade policies, and new chip innovations, which could shape future growth. With these factors influencing the market, SMH remains an attractive option f

Since reaching a low of $74,434 on April 7, 2025, Bitcoin (BTCUSD) has surged impressively, climbing in a five-wave impulse structure with an extended (nested) formation. This rally has unfolded in clear stages, as shown on the one-hour chart. From the April 7 low, wave (1) peaked at $86,450, followed by a pullback in wave (2) to $83,102. The cryptocurrency then soared higher in wave (3), which is breaking down into smaller impulsive waves. Within wave (3), the first sub-wave, wave 1, hit $97,938, followed by a wave 2 dip to $93,376. The cryptocurrency then climbed to $105,706 in wave 3, with the wave 4 pullback likely wrapping up at $100,764. Looking ahead, Bitcoin is expected to continue rising in wave (5). In the near term, wave ((i)) of (5) should complete with one more upward push, fo

The Nasdaq 100 ETF (QQQ) experienced a significant selloff following a tariff announcement, dropping from an all-time high of $540.81 to a low of $402.39 on April 7, 2025. This decline appears to be a corrective three-wave pullback, indicating that the market’s overall bullish trend remains intact. Since hitting this low, the ETF has reversed course and begun rallying, with the upward movement taking the form of a nested five-wave structure, suggesting strong bullish momentum. From the April 7 low, wave (1) peaked at $443.14, followed by a pullback in wave (2) that bottomed at $404.44. The ETF then resumed its ascent in wave (3), which has further internal subdivisions. Within wave (3), wave 1 ended at $468.41, and wave 2 found support at $427.99. The ETF then extended higher in wave 3, wh

Wells Fargo & Company (WFC) provides diversified banking, investment, mortgage, consumer & commercial finance products & services in United States & globally. It operates through four segments; Consumer banking & lending, Commercial banking, Corporate & Investment banking & Wealth management. It comes under Financial services sector & trades as “WFC” ticker at NYSE. WFC is trading in bullish Elliott wave sequence from October-2020 low. It favors rally in ((3)) of III against 4.07.2025 low. Further rally above February-2025 high will confirm more upside. WFC – Elliott Wave Latest Weekly View:  Above October-2020 low of (II) at $20.76, it rallies in bullish (III) sequence as proposed nest. It placed I of (III) at $60.30 high in February-2022. Within I, it

Cameco Corporation (CCJ), headquartered in Saskatoon, is a leading uranium producer with significant global mining operations. As a key player in the nuclear energy sector, its performance is closely linked to uranium prices and regulatory developments. Below is a clear and accessible Elliott Wave technical update for Cameco’s stock: Cameco ($CCJ) Monthly Elliott Wave Chart The monthly Elliott Wave chart for Cameco shows that the stock completed a significant long-term correction, labelled as wave (II), at a low of $5.30. From there, Cameco embarked on a new bullish cycle, poised for further gains in the years ahead. The stock is currently in wave (III), marked by a strong upward trend. Starting from the wave (II) low, wave ((1)) peaked at $28.49, followed by a pullback in wave ((2)) to $1