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 ...
Jon Glover, Elliott Wave analyst and Ledn’s Chief Investment Officer, known for his precise market forecasts, is going ...
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 ...
Dogecoin price may be entering a powerful Elliott Wave 3 surge. Analysts highlight $0.20 support and Fibonacci targets up to ...
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 ...
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 ...
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 ...