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FTSE Elliott Wave View: Suggesting More Downside
Read MoreFTSE the index from UK, is correcting the larger degree cycle from February 2016 lows. While FTSE Elliott Wave Short-term price action suggests that the rally to February 27 high (7333.50) ended primary wave ((B)) bounce. Below from there, the decline is unfolding as a 5 waves Elliott Wave Impulse Sequence within primary ((C)) leg lower. Where each leg lower […]
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Did Data scandal Sink Facebook, The Social Networking Website?
Read MoreFacebook has been on the news lately when the world discovered that more than 50 million users had their personal data breached with the downloading of Kogan’s Application, a data harvesting route, which due to the lax of structure of Facebook’s APIs at the time, allowed the foreign political consultancy firm to acquire information on […]
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Elliott Wave Analysis: EURUSD in Sideways Consolidation
Read MoreCurrent Elliott Wave view in EURUSD suggests that the pair remains in sideways triangle Elliott Wave structure between 1.2153 low and 1.255 high. Triangle is a consolidation structure with ABCDE label. It has no particular trend and is usually a continuation structure. Since the previous trend in EURUSD up to 1.255 high on 2.16.2018 is bullish, […]
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Bitcoin Elliott Wave Analysis Looking for Short Term Recovery
Read MoreBitcoin Elliott Wave Analysis in the short term is showing an interesting corrective structure suggesting a recover to take place after it finishes the current move. The digital instrument is correcting the cycle from 03/18 low in 3 waves as a Zigzag structure which reached the 100% – 161.8% Fibonacci extension area $8093 – $7520 from […]