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 ...

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 ...

AUDNZD is making a sharp and strong recovery and is now trading above the 2015 highs, continuing higher within higher-degree ...

The big picture' is the first thing I look at when studying a market. That is because markets have memories and future price movements are heavily influenced by the past. Why is this? Surely, markets ...

After surging to $119.7 on March 9, crude oil experienced a sharp decline, reaching $76.73 by March 11. This retreat unfolded ...

The down-trend on Usd/Cad remains unfinished, as the pair looks to be forming an extended structure in a red wave 5). An extended structure means that five black sub-waves in a red wave 5) need to be ...

In today's post, I am using charts of Eli Lilly to give you an idea of how I use Elliott Wave analysis in real life trading. The analysis follows a systematic look at the charts to determine if an ...

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 ...

On the 4h chart we can clearly count five waves of decline from the 1.0679 top, which is called an impulsive structure. The recent lows of that move were reached at 1.0235, just a few pips away from ...

Gold prices continue to press near four-year highs at $1366 while silver prices are unable to rally. The Elliott Wave analysis along with this divergence in price behavior suggests a bearish reversal ...

A few days ago, when Apple (AAPL) reached my technical target around $390, I posted an article suggesting that there was a risk for it to continue lower still should the upcoming earnings report ...