Daud Bhatti

Triangle thrust in progress Pair is nearing completion of wave (( a )) and should pull back in wave (( b )) after a marginal new high. Following wave ((…

Key Taking Points 1) Why Elliott Wave Theory needs to be adjusted to present times 2) What EWF has done to remove the suggestive element from Elliott Wave Theory 3)…

Preferred view is that wave X has completed at 1.0637. While above this level, more strength is expected toward 1.0835 – 1.0875 to complete wave “b” on the daily time…

Drop from 9951 - 9723 was a corrective 3 wave decline and stopped right in the middle of our green zone. (Recall Green Zone is the zone where we expect…

EURUSD is getting close to 1.618 ext of 1.3893 - 1.3727 drop which should ideally complete wave (( iii )) down. Alternatively, pair is already in wave (( iv )).…

Preferred wave count suggests wave ( 4) low is in place, wave 3 of ( 5 ) is still in progress which can test 3.08% before  wave 4 of (…

The cycles from 102.47 appears to have completed and pair is in wave X. The trend & cycles are positive so we don’t like selling the pair but corrective dips…

The cycles from 101.60 should be ending with a test of 105.34 after which pair should make at least a 3 wave pull back. The trend & cycles are positive…

The cycles from 101.60 should be ending between 104.90 – 105.41 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so…