EWFHendra
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…
Elliott Wave View: Silver Pulling Back within Bullish Trend
Silver (XAGUSD) formed a high on February 1 at $30.09 during the reddit #silversqueeze event. Since then, the metal has continued to pullback. The decline from February 1 peak is…
Elliott Wave View: AUDJPY Looking For 3 Waves Pullback
Short term Elliott Wave View in AUDJPY suggests cycle from January 28 low has ended with wave 1 at 84.95. The rally from January 28 low unfolded as a 5…
Elliott Wave View: Dow Futures (YM) Should Continue to Print All-Time High
Dow Futures (YM_F) continues to make a new all-time high and the Index should see further upside. Short term Elliott Wave suggests the rally from February 1 low is unfolding…
Elliott Wave View: GBPJPY Rally Likely to Extend Higher
GBPJPY continues to rally in impulsive Elliott Wave structure from January 18, 2021 low (140.3). Up from there, wave ((i)) ended at 144.09 and pullback in wave ((ii)) ended at…
Elliott Wave View: Nasdaq at Support Area
Short Term Elliott Wave in Nasdaq (NQ) suggests the rally from September 21, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. In the chart below, we…
Elliott Wave View: Further Downside in Gold
Gold has been consolidating for 6 months after forming the top at $2075 on August 2020 and the low at $1764 on November 2020. Today, the metal has finally broken…
