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 ...
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 ...
Bitcoin (BTC) investors, it’s time to buckle up. Jon Glover, Elliott Wave analyst and Ledn’s Chief Investment Officer, known ...
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 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 ...
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 ...
Position: Navy Blue Wave 1. Direction next lower degrees: Orange Wave 5. Details: Orange Wave 3 appears to have ended. Orange Wave 4 is now forming. Wave cancel invalid level: 1018. The market ...
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 ...
EUR/USD continues to trade in a tight range above 1.1700 in the American session on Friday. The disappointing UoM Consumer Sentiment Index data from the US limits the US Dollar's gains and helps the ...