A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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AUDUSD Elliott Wave Analysis 10.18
Read MoreAUDUSD Elliott Wave structure suggests that the decline to 0.7731 on October 6th low ended Primary wave ((W)). From there, Primary wave ((X)) bounce is unfolding as a double three Elliott Wave structure. Rally to 0.7807 ended Intermediate wave (W) of ((X)) and pullback to 0.7815 ended Intermediate wave (X) of ((X)). A break above Intermediate wave […]
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Copper swings sequences calling the rally
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Copper published in members area of www.elliottwave-forecast.com. In further text we’re going to count the swings, explain the short term Elliott Wave view. Copper Elliott Wave 1 Hour Chart 10.10.2017 As our members know, Copper […]
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Elliott Wave Theory Structure; An Ending Diagonal
Read MoreAn ending diagonal is a type of impulsive motive wave in Elliott Wave Theory that will be found in the subdivision of fifth waves or whole C waves in a structure. An ending diagonal C wave or 5th wave commonly shows an obvious wedge shape with an overlapping wave 1 and wave 4. These will subdivide into 3-3-3-3-3 […]
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AUDUSD Short Term Elliott Wave Analysis 10.17
Read MoreAUDUSD Short term Elliott Wave analysis suggests decline to 0.7731 ended Primary wave ((W)) on 10/6 low. Bounce in Primary wave ((X)) is proposed to be unfolding as a double three Elliott Wave structure. Intermediate wave (W) of ((X)) ended at 0.7897 and Intermediate wave (X) of ((X)) pullback is in progress as a zigzag Elliott Wave structure. […]