Another instrument which has given us nice trading opportunity is EURJPY. As we forecasted,the pair reached important technical area at 139.849-139.924 that was marked as Red Box on EWF charts (Red Box presents sell recommendation). Now, let’s take a quick look at H4 charts from 8.9.2015. $EURJPY H4 Weekend Update 8.9.2015 The chart suggests the pair is […]

During the summer of 2015. EWF members knew that AUDJPY was in bearish cycle from the 97.255 high, that was looking for further decline toward our target area : 83.814-80.642.  AUDJPY has had one of the clearest structures during that period. Let’s take a quick look at Elliott Wave charts from the 27.July 2015. to […]

Elliott Wave FLAT structure is the corrective pattern which is often seen in the real market. There are 3 types of Flats: – Regular flat. – Expanded flat – Running flat. In this technical blog we’re going to run through Expanded flat example. Expanded Flat is a 3 wave corrective pattern which inner subdivision is […]

Triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences. This pattern presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. Triangle is continuation pattern which breaks in direction of the preceding move. It could […]

Zig-Zag or ABC is the most popular corrective pattern in Elliott Wave Theory. At the mention of the word “correction” many Elliott Wave practitioners would think of a Zig-Zag pattern and that’s one of the traps in modern analyzing . If you expect to see an ABC pattern in corrections every time, you’ll get more […]

In this technical blog we’re going to learn how to identify the most popular among the Elliott Wave patterns: 5 wave Impulsive structure. We’ll get through all conditions which must be met for this popular structure. Many wavers believe that market is always trending in 5 waves, which certainly isn’t the case. Nowadays most markets […]