EWFHendra

By EWFHendra    May 20, 2021    - 2 min read

Platinum Looking for 5 Waves Rally

Post-pandemic economic rebound, government infrastructure spending, and green energy plan have driven the rally in industrial and precious metals in 2021. As governments globally are looking to curb climate change,…

By EWFHendra    May 20, 2021    - 2 min read

Elliott Wave View: Ethereum (ETHUSD) Found Support After Massive Pullback

After forming all-time high at 4380.64 on May 12, Ethereum (ETHUSD) has sold off tremendously. In a span of just 8 days, it has dropped more than 50% to today's…

By EWFHendra    May 19, 2021    - 1 min read

Elliott Wave View: BAC (Bank of America) Wave 5 in Progress

Bank of America (BAC) has just made a 12 year high and structure from February 1, 2021 suggests the rally is unfolding as a 5 waves impulsive Elliott Wave structure.…

By EWFHendra    May 18, 2021    - 1 min read

Elliott Wave View: XME Should See Further Upside

Short Term Elliott Wave structure for XME (S&P Metals & Mining ETF) suggests the rally from March 25, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure.…

By EWFHendra    May 14, 2021    - 1 min read

Elliott Wave View: Oil May See Short Term Support Soon

Short Term Elliott Wave structure for Oil (CL) suggests the rally from March 24, 2021 low ended wave (1) at 66.75 a 5 waves diagonal Elliott Wave structure. Wave (2)…

By EWFHendra    May 13, 2021    - 2 min read

Global Sugar Supply Shortage Propels Price

Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of the easing and start travelling again, increasing consumption of biofuel. This means…

By EWFHendra    May 13, 2021    - 1 min read

Elliott Wave View: Facebook Correction May Extend

Short Term Elliott Wave structure for Facebook (FB) suggests the rally from January 14, 2021 low ended wave ((1)) at 322.86 as an impulse Elliott Wave structure. In the 1…

By EWFHendra    May 12, 2021    - 1 min read

Elliott Wave View: USDNOK Rally Should Find Sellers

Short Term Elliott Wave structure for USDNOK suggests the decline from March 24, 2021 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from March 24 high,…

By EWFHendra    May 11, 2021    - 1 min read

Elliott Wave View: Gold (XAUUSD) Pullback Should Find Buyers

Short Term Elliott Wave structure for Gold (XAUUSD) suggests the rally from March 31, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 31…