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Elliott wave Analysis: USDJPY calling for more downside
Read MoreUSDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended at 108.44 low as Zigzag structure, Minor wave 2 bounce ended at 109.77 in a Double three […]
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EURCAD: Buying The Dips Using Elliott Wave Sequences
Read MoreHello fellow traders. As our members know, we have traded EURCAD recently. The pair have had incomplete bullish sequences in the 4 Hour cycle,suggesting further rally. We advised our members to avoid selling the pair and keep on buying the dips in the sequences of 3,7,or 11 swings whenever there was an opportunity to do […]
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Elliott Wave Analysis: Calling the low in place in Bitcoin
Read MoreBitcoin ticker symbol: ( BTCUSD ) Short Term Elliott Wave view suggests that the decline from December 17.2017 peak to February 05.2018 low (5920.72) ended the Super Cycle wave “(b)” lower. Above from there, the rally is unfolding as a leading diagonal Elliott Wave structure. Where Intermediate wave (1) ended at 9090.8 high as Elliott Wave Double three structure. Where internals of Intermediate wave […]
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USDNOK Turns Lower From The Selling Area
Read MoreHello traders, in this blog I want to discuss with you a trade setup we advised to our members in our Live Trading Room. It was USDNOK. Let’s have a quick look at some past Elliott Wave charts of USDNOK we published in our member’s area of www.elliottwave-forecast.com. Our members know that USDNOK has an incomplete bearish sequence […]