GBPAUD Bullish Sequence Favors More Upside
GBPAUD has found bid due to the divergence in the monetary policy between RBA and BOE. Bank of England (BOE) this year has hiked interest rate twice to fight against…
Elliott Wave View: Apple (AAPL) Resumes Higher
The short-term Elliott wave view in Apple (AAPL) shows that wave IV pullback ended at 154.63. The stock has resumed wave V higher as a 5 waves impulse structure. However,…
Elliott Wave View: Bitcoin (BTCUSD) Recovery In Progress
Short Term Elliott Wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2022 low is in progress as a double three Elliott Wave structure. Up from January 24…
Elliott Wave View: Litecoin (LTCUSD) Can See Further Downside
Short Term Elliott Wave view in Litecoin (LTCUSD) suggests the decline from November 10, 2021 peak is unfolding as a zigzag Elliott Wave structure. Down from November 10 peak, wave…
Elliott Wave View: USDCAD Starts the Next Leg Higher
Short Term Elliott Wave view in USDCAD suggests that rally from October 20, 2021 low is unfolding as a zigzag Elliott Wave structure. Up from October 20 low, wave (A)…
Elliott Wave View: GBPUSD Rally May Fail in 3 Waves
Short Term Elliott Wave view in GBPUSD suggests the rally to 1.3749 Ended wave (B). Pair has turned lower in wave (C) with internal subdivision as a 5 waves impulse…
Elliott Wave View: 5 Swing Sequence in USDJPY Favors More Downside
Short Term Elliott Wave view in USDJPY suggests the decline from January 4, 2022 high is unfolding as a double three Elliott Wave structure. Down from January 4, wave A…
The Importance of Trading System
Elliott Wave is one of the technical tools that traders use to determine the market's path. Traders typically use the wave theory and apply it in different time frames to…
Elliott Wave View: EURUSD Has Resumed Lower
Short Term Elliott Wave view in EURUSD suggests rally to 1.1483 ended wave (4). Internal of wave (4) unfolded as an ABC zigzag Elliott Wave structure. In the 1 hour…