-
7 swings Elliott Wave Structure in GBPCHF ( NY update )
Read MoreOne of the most common patterns in New Elliott Wave theory is 7 swings structure (double three). We spot it in the market every day in many instruments. It’s a very reliable structure by which we can make good analysis and what is most important it’s giving us good trading entries with clearly defined invalidation […]
-
A look at the Gold move up from 1240 low
Read MoreGold has been steadily moving higher since forming a low at 1240. Let’s take a look at some charts from members area to see how we called this move. As you can see on H4 chart below , preferred Elliott wave view was calling for pull back which was supposed to correct cycle from 1240.3 low toward […]
-
AUDUSD Elliott Wave FLAT / Ending Diagonal Structures
Read MoreAs we can see on AUDUSD 90 min chart pair has been in a sideways consolidation since 0.9198 low (5.2.2014). We believe FLAT structure is in progress which started from 0.9198. To be more precise we are currently in wave C of FLAT. Wave C has taken form of Ending Diagonal and we are nearing […]