Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of  OIL ( CL #F ) published in members area of www.elliottwave-forecast.com. In further text we’re going to get through short term price structures and explain the Elliott Wave view. OIL Elliott Wave 1 Hour New […]

Elliott wave: The 5 waves advance The Elliott wave Theory is a famous trading tool and is based in the idea that the Market advances in 5 waves and corrects in 3 waves. The Theory has some basic rules which are listed below 1) Wave 2 never retraces more than 100% of wave 1. 2) Wave […]

FTSE Short term Elliott Wave view suggests that the decline to 7199.5 ended Primary wave ((4)). Rally from there is unfolding as an impulse Elliott Wave structure where Minor wave 1 ended at 7327.5 and pullback to 7289.75 ended Minor wave 2. Subsequent rally to 7494.34 ended Minor wave 3, Minor wave 4 ended at 7473.12, and […]

US President, Donald Trump, threatened to “Totally Destroy” North Korea during his speech in United Nations assembly on 19th September 2017 and further added that “Rocket Man” is on a suicide mission for himself and for his regime. “The US has great strength and patience,” Trump said. But he added: “If it is forced to defend […]