EURGBP chart shows a clear Elliott Wave zigzag pattern including an ending diagonal. This pattern combination offers a clear set up with a positive risk to reward ratio. When trading, I am looking for ...
The Elliott wave principle is a technical analysis method that traders use to analyze the market and identify trends by using the relationship between highs and lows, applying a system developed by ...
The primary wave count on the daily Usd/cad chart is showing early stages of a huge uptrend, since the 1.0205 lows were reached. We are looking for a completed black wave II at 1.0223, followed by a ...
XRP pushed through the $2.10 resistance zone and is developing a price structure that, if sustained, could carry Ripple’s ...
The Elliott Wave chart pattern for USDJPY appears to have carved an impulse to start a new trend. After a minor dip, we are anticipating another push higher towards 108. We have been tracking a ...
Many investors are confused with the choppy action on the DOW, so we have provided a chart to illustrate our forecast on the expected price action. This corrective action is an ending diagonal pattern ...
A five wave pattern shown from the 69.45 low is very near to completion. Our blue wave (5) is a final leg of that pattern is showing the structure of an ending diagonal, which signals for a coming ...
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 ...
Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox. EUR/USD advances during the North American on Thursday up 0.41% after the Fed decided to cut rates, ...
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 ...