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 ...
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 ...
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 ...
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 ...
Stay ahead with key market trends from Orange Juice Newsletter. EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In ...
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index, published in members area of the website. As our members know, USDX has ...
The current view suggests that USDSGD pair is doing a 2 red recovery, which is correcting the cycle from the 1.36703 peak. Proposed recovery can be unfolding as a Elliott Wave Flat Pattern . The price ...
When most people start trading in their own accounts, whether their style is to trade frequently for the short-term or to take a longer-term, “swing trading” view, they are inclined to look for a ...
A primary scenario on the S&P futures daily chart is that a turning point has already been made, and that a new Short trend is in process. The move down from the 1147 top to 1040 lows can be seen as a ...
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Bitcoin's BTC $65,796.20 resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise.