Usd/Jpy reversed sharply on the upside over the past week, after the 61.8% Fibonacci retracement zone (84.80-93.73 move) was tested. A five wave move of decline is now finished at 88.13, where a ...
An upward correction from the 0.8577 lows is still searching for a top, before the market can easily reverse the recent moves. Small changes were made on the wave count, and we came out with a ...
GBP/USD advances to near 1.3450 in European trading on Monday. The US Dollar loses ground as the US August PCE inflation ...
A crypto trader known for his timely Bitcoin calls is outlining BTC's price action in the coming months based on the Elliott ...
The S&P 500 is eyeing a fresh peak in mid October, but may suffer a pullback in the weeks thereafter. That's according ...
When it comes to Elliott Wave principle, the most important thing for me is to focus on clear wave structures. I don’t want to spend time on price action that is messy, choppy, and very hard to read.
The Elliott Wave Theory is based on the idea that the market advances in 5 waves and pullback in 3 waves. The idea has become very famous and millions of traders around the world practice it. We at ...
An ascending fifth wave of larger degree 5 presumably continues unfolding on the weekly chart, with wave (1) of 5 formed as ...
EURUSD likely completed a wave ((x)) high last week near 1.1743. The short-term trend now points downward. The next downside targets are 1.1170, and possibly 1.1030. EURUSD completed a bullish impulse ...
The monthly Elliott Wave chart for the $GDXJ (Junior Gold Miners ETF) indicates that the grand super cycle wave ( (II)) ...
Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...