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$EURAUD: Elliott Wave Flat structure
Read MoreIn this technical blog we’re going to explain what Elliott Wave Flat Pattern should look like. Flat pattern is corrective structure which could be often seen in the market nowadays.There are 3 types of Flats: Regular, Expanded and Running flat. In this technical blog we’re going to run through the Regular flat example. At the […]
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$GBPAUD : Elliott Waves Forecasting the decline
Read MoreAt the beginning of September our Elliott Wave analysis of $GBPAUD suggested that we were still in large correction from the 2.24059 high. The pair was doing correction ((x)) against the mentioned high and our Elliott Wave analysis was calling for futher decline once it’s done. Let’s take a look at H1 Elliott Wave charts […]
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$EURGBP Ending Diagonal structure
Read MoreElliott Wave Ending diagonal is 5 wave structure which often occurs in last wave C of Flat pattern. Ending Diagonal has 3-3-3-3-3 subdivision, as each of these 5 waves is corrective structure (ABC, WXY or WXYXZ) Let’s take a quick look at Elliott Wave charts of $EURGBP to see what Ending Diagonal looks like and […]
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$GOLD (XAU/USD) Elliott Waves Forecasting the decline
Read MoreAt the beginning of September our Elliott Wave analysis of GOLD (XAU/USD) suggested that we were still in bearish cycle from the 1169.9 high. The price was about to complete (X) recovery and were expecting more downside toward new lows below the 1117.47 level. First target came at 0.618-0.764 (W)-(X) at 1114.8-1107.05. Let’s take a […]
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$EURUSD : wave X connector- Double Three Pattern
Read MoreWave X connector might take form of any corrective structure : Zig-Zag, Flat, Double Three, Triple Three, Triangle.. As EWF clients already know, Double three is one of the most common patterns in the Market nowadays. It’s labeled as WXY and wave subdivision is 3,3,3 which means all of these 3 waves are corrective sequences […]
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$EURJPY: EWF Forecasting the decline and selling the rally
Read MoreAnother 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 […]