-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...
“Silver is coming straight higher after the recent corrective pullback in wave “iv”, so it’s ideally now already in wave “v”, ...
-Lack of bounce and break below 1178 suggests we’ll likely visit 1105 and possibly 956 The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower ...
US Dollar Index advances in a bullish Elliott Wave sequence as large speculators are the most net short in four years. DXY has quietly been making gains since early April. Using the Elliott Wave ...
The S&P 500 (SPX) continues to advance as it works toward completing a diagonal Elliott Wave structure that began at the ...
Three year expanded flat pattern on EURUSD is nearing completion The final wave of the flat is shaping as ending diagonal We are anticipating the diagonal to finish below 1.2288 EUR/USD Elliott Wave ...
Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...
The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...