Daud Bhatti
Elliott Wave Expanded Flat correction: Identification & Trading Strategies
The Expanded Flat correction is a common corrective structure seen in: Wave 2 and Wave 4 of a Motive Wave The connector wave in a Zig Zag pattern Any part…
$TNX (US 10 year yields) 1 Hour Elliott Wave Analysis
Preferred view now is that 10 year yields have completed wave ( B ) at 2.82% and have resumed the decline. Bounces should now prove corrective and as far as…
$EURGBP 1 Hour Elliott Wave Analysis Mar.10.2014
Preferred view is that wave (( B )) low is in place at  0.8153 and pair has turned higher as expected. Short-term, expect a test of 0.8380 – 0.8398 region…
$USDCHF holds 0.8931 for new lows
USDCHF is showing an 11 swing structure down from 0.9157 January high when 0.8931 was 2nd wave (( x )). As far as price stays below this level or pivot…
$USDCAD looking for 7th swing lower
Pair is showing 5 swings down from 1.1195 peak which is not a diagonal and hence the structure / swing sequence is incomplete. We believe 6th swing is in place…
$USDCAD in a double corrective structure
USDCAD is showing 5 swings down from 1.1195 peak with no RSI divergence which means sequence is incomplete. Therefore, we look for another low ideally to 1.1000 to complete 7…
$GC_F (Gold) Wave 5 in progress
Preferred view suggests yellow metal is in wave 5 of ( C ) and after a B wave pull back toward 1332 – 1336, we should see further strength in…
$USDCAD possible FLAT in 5 minute chart
USDCAD 5 min chart is showing a possible FLAT structure which is a 3-3-5 structure. We have 3 waves up from 1.1037 - 1.1082 and 3 waves down to 1.1033.…
$EURJPY finds buyers on the dip
EURJPY dropped hard on 2.27.2014 but members knew it was a great buying opportunity. Let's take a look at some charts from members area before the drop, what was expected…
