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EURUSD Elliott Wave: Ready For Next Leg Higher
Read MoreEURUSD short-term Elliott wave view suggests that the decline to 1.1427 low ended cycle degree wave II pullback. The internals of that pullback unfolded as a Flat structure which ended the correction against 8/15/2018 low. Up from 1.1427 low, the pair is expected to resume the next leg higher in cycle degree wave III. The […]
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AUDUSD: Bearish Sequence Called The Decline
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDUSD published in members area of the website. As our members know, AUDUSD has incomplete bearish sequences in the cycle from the January 2018 peak. Price structure suggests that the pair is targeting 0.6938 area as […]
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Another Leg Lower Can Enter OIL Into Buying Area?
Read MoreOIL ticker symbol $CL_F short-term Elliott wave view suggests that a rally to 76.89 high ended the cycle from 8/15/2018 low in intermediate wave (1). The internals of that rally higher unfolded in a corrective structure thus suggests the instrument can be doing ending diagonal structure in primary wave ((5)) higher. Down from there, intermediate […]
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Facebook Elliott Wave View: Found Sellers in Blue Box Area
Read MoreIn this blog, I want to share some short-term Elliott Wave charts of the Facebook stock which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 09/27/18 indicating that FB ended the cycle from 8/07/2018 peak low in black wave ((1)). The internals of that move […]