Short term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 45.83 and wave ((x)) bounce is proposed complete at 50. […]

Short term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 45.83 and wave ((x)) bounce remains in progress as a […]

Short term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 46.7 and wave ((x)) bounce ended at 48.45. Near term, […]

The pair spiked higher and now is showing a complete 7 swing sequence from 4/1 low. It has since pulled back again and still stay below the broken trend channel from June 2014 low. As far as pair stays below 1/27 peak at 4.158, pair can resume lower. For more trading ideas and education, feel free to […]

Short term Elliottwave structure suggests rally to 0.7504 ended wave ((w)), and pullback to 0.7283 ended wave ((x)). From 0.7283 low, pair ended wave (w) higher at 0.7512, and we take the more aggressive view and call wave (x) pullback completed at 0.7439 as pair has since broken above 0.7512 again. While pair now stays above wave (x) […]

Short term Elliottwave structure suggests rally to 0.7504 ended wave ((w)), and pullback to 0.7283 ended wave ((x)). As pair already breaks above 0.7504, it  has resumed the next leg higher in wave ((y)). Internal of wave ((y)) is unfolding in a double three where wave (w) is proposed over at 0.7512, and wave (x) is currently in progress […]