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 ...
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 short-term Elliott Wave analysis for Silver (XAGUSD) indicates a robust impulsive rally that began on July 31. From that ...
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 ...
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 ...