The Overlap Rule in Elliott Wave Theory: A Common Misconception One of the most misunderstood rules in Elliott Wave Theory is the overlap rule between wave 1 and 4. I have lost count how many times both members and non-members alike make a comment about our charts having an overlap between wave 1 and 4 […]

Rally from September 21, 2020 low in $GBPJPY is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 21, 2020 low, wave (1) ended at 140.7 and pullback in wave (2) ended at 136.79. Pair resumed higher again and ended wave (3) at 152.55 as 1 hour chart below shows. Wave (4) […]

DAX is correcting cycle from February 23 low and can see support soon. This article and video look at the Elliott Wave path.

Bank of America (BAC) is approaching support area where 3 waves rally at least can be seen. This article and video look at the Elliott Wave path.

Microsoft (MSFT) has started a new bullish cycle. This article and video look at the short term Elliott Wave path of the stock.

Elliott Wave Theory is a great analytical tool to identify cycles and chart out a potential path in different time frames. Many traders believe that every single Elliott Wave Chart update represents a trading signal that they can trade. However, this is not really the case. Not every situation and count and path represent the […]