EWFHendra

By EWFHendra    April 6, 2023    - 2 min read

Elliott Wave Projects GBPUSD Pullback Should Continue to Find Support

$GBPUSD broke above previous peak on 1.23.2023 high at 1.2448 and now shows a bullish sequence from 9.26.2022 low. Cycle from 3.8.2023 low is currently in progress as a 5…

By EWFHendra    April 5, 2023    - 1 min read

Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish Sequence

Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% - 161.8%…

By EWFHendra    April 4, 2023    - 1 min read

Barrick Gold Corporation (NYSE: GOLD) Starts New Impulse Rally

Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. The stock has underperformed since 2020 peak, but there's a reason to believe it has made significant low…

By EWFHendra    April 4, 2023    - 1 min read

Gold Miners ETF (GDX) Develops Elliott Wave Bullish Sequence

Gold Miners ETF (GDX) is close to breaking above the previous peak on 1.25.2023 high (33.34). A break above will open up a bullish sequence from 9.26.2022 low favoring further…

By EWFHendra    March 31, 2023    - 2 min read

Netflix (NFLX) Looking to Complete 5 Waves Elliott Wave Impulse

Cycle from 3.13.2023 low in Netflix (NFLX)  is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 316.6 and pullback in wave…

By EWFHendra    March 30, 2023    - 1 min read

Elliott Wave Suggests Bitcoin (BTCUSD) Should Continue Impulsive Rally Higher

Rally from 11.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 11.21.2022 low, wave (1) ended at 25250 and pullback in wave (2) ended…

By EWFHendra    March 29, 2023    - 1 min read

Elliott Wave Favors DAX Rally to Fail

Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback…

By EWFHendra    March 28, 2023    - 2 min read

Gold to Silver Ratio Has Started the Next Bearish Leg

With tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there's no shortage of black swan events. Gold and Silver have performed very well in this…

By EWFHendra    March 28, 2023    - 1 min read

Bearish Elliott Wave Sequence in AUDJPY Suggests Further Downside

AUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a 5 waves impulse Elliott Wave structure.…