USDCAD Short Term Elliott Wave view suggests the rally from 1/31 low (1.2247) remains in progress as a triple three Elliott Wave Structure. A triple three is labelled as WXYZ and each leg in this structure is corrective, so we have 3-3-3-3-3 structure. Up from 1.2247, Intermediate wave (W) ended at 1.2689, Intermediate wave (X) […]

In this blog, we will have a look at a past Elliott wave short-term structures of the  JP Morgan Chase (JPM) Stock. In the chart below, you can see the 1-hour chart presented to members in our Live Session Webinar on the 03/02/18. We said to members that the JPM stock made a marginal new […]

Hello fellow traders.  Another pair we have traded lately is AUDCAD. As our members know, AUDCAD is having incomplete bullish sequences in the 1 Hour cycle and suggesting further rally. Due to incomplete structure the pair is targeting 1.0212+ area according to Sequence Report.  Consequently, we advised clients to avoid selling the pair and keep […]

Short Term Elliott wave View suggests USDJPY is correcting cycle from 2/2 peak (110.5) as an Expanded Flat Elliott Wave Structure. Flat is a corrective Elliott Wave structure with ABC label, and  it has a subdivision of 3-3-5. In the case of USDJPY, Minor wave A ended at 197.9 on Feb 21 and Minor wave […]