Elliott Wave View: XLF Pullback to Stay Supported
Short term Elliott Wave View suggests that the rally from September 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. The 1 hour chart below shows wave…
What is A Profitable Trading System?
Throughout interaction with many clients over the years, some of the most common questions we receive are: What is the winning rate of your trading signal? How many pips does…
Elliott Wave View: EURUSD Correction Maybe Completed
Short term Elliott Wave View suggests that EURUSD ended wave ((4)) pullback at 1.1834. Internal of wave ((4)) unfolded as a zigzag Elliott Wave structure where wave (A) ended at 1.1951,…
Elliott Wave View: Further Upside Expected in Eurostoxx
Short term Elliott Wave View suggests that Eurostoxx rallies from January 28 low as a 5 waves impulse Elliott Wave structure. Up from January 28 low, wave 1 ended at…
Why Double Three WXY is A Better Structure to Trade Than Zigzag ABC
In Elliott Wave, there are several different corrective structures. Two of the most common corrective structures are zigzag ABC and double three WXY. A zigzag is a simple correction that…
Elliott Wave View: S&P E-Mini Futures (ES) Resumes Higher
Elliott Wave View suggests that since forming the low in March 2020, S&P E-Mini Futures (ES) has rallied in an impulse Elliott Wave structure. Rally to 3959.25 ended wave ((3))…
Elliott Wave View: Oil (CL) Wave (5) Rally in Progress
Elliott Wave in Oil (CL) suggests the rally from April 23, 2020 low is unfolding as an impulse Elliott Wave structure. It is currently still ending wave ((3)) from April…
Elliott Wave View: New High in DAX Supports Further Upside
DAX has broken to new all-time high suggesting the next leg higher has likely started. Short Term Elliott Wave View on the Index suggests the rally to 14169.49 high ended…
Elliott Wave View: GBPUSD Further Correction Expected
Short Term Elliott Wave View on GBPUSD suggests the rally to 1.4239 ended wave ((W)). Pair is now correcting in wave ((X)) in a larger 3, 7, or 11 swing…