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Elliott Wave Analysis: EURJPY Calling the Decline
Read MoreIn this short blog, we will have a look at a past Elliott wave short-term structures of the EURJPY presented to members last month. In the chart below, you can see the 1 hour new York midday update presented to members on the 02/26/18. Calling for a double correction in Minor Red W-X-Y. EURJPY shorter […]
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Dow Jones Transportation Index Called The Correction In Indices
Read MoreIn this blog-post, I want to discuss and recap my Blog I did on the Dow Jones Transportation Index in December 2017. First of all, you need to understand that today’s market can advance in 2 types of sequences. The first type is 5-9-13 or motive sequence and the second type is the 3-7-11 or corrective […]
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Elliott Wave Analysis: USDJPY Correction Should Fail Below 107.9
Read MoreShort Term USDJPY Elliott Wave view suggests that the rally to 107.9 ended Minor wave X. Pair is expected to resume lower while bounces stay below this level. Down from Minor wave X at 107.91, Minor wave Y is in progress as a double three Elliott Wave Structure. Minute wave ((w)) of Y ended at 105.23 […]
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GBPCAD: Forecasting the rally after Flat
Read MoreHello fellow traders. In this technical blog we’re going to take a look at the past Elliott Wave charts of GBPCAD published in members area of the website. As our members know, GBPCAD have had incomplete bullish sequences in the 1 Hour cycle, suggesting further rally. Consequently, we advised clients to avoid selling the pair […]