The chart below is ZW #F h4 update from 2.6.2017. Price structure is showing incomplete bullish sequences in the cycle from the 01/12 ( red 2) low.  As of right now we can count 5 swings from the mentioned level. Fifth swing ended at 437’4 high and 6th swing is about to complete. It’s Marked […]

GBPJPY Shows 5 wave impulse up from 2/17 Lows Firstly in the near term the GBPJPY pair shows 5 waves up from the 2/17 lows. The dip to 139.61 corrected the cycle up from the 2/7 lows. Secondly we favor seeing the pair ending this initial bounce from there in the 142.05 area. That per the […]

Short term Elliott wave view in DJIA (Dow Jones Industrial Average) suggests that the rally from 1/19 low is unfolding as a 5 waves Elliott wave impulse structure where Minute wave ((i)) ended at 20125.28, Minute wave ((ii)) ended at 19784.7, and Minute wave ((iii)) remains in progress. Internal of wave ((iii)) is showing an extension and […]

Short term Elliott wave view of USDPLN (Poland Zloty) suggests that the pair is on the verge of breaking above the 2.15.2017 high at 4.0883. Rally from 2.2.2017 low (3.9722) is unfolding as a double correction Elliott Wave structure where wave W ended at 4.0883 and wave X is proposed complete at 4.0352. Internal of wave W […]