Short term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a zigzag. The first leg of the decline wave (a) is in progress as 5 waves. From 1.4668 high, the […]

Revised short term Elliott wave view suggests decline to 1.515 ended wave (X)) and pair has resumed the rally. Wave ((w)) is unfolding in a double three structure where wave (w) ended at 1.5378, wave (x) ended at 1.532, and wave (y) is in progress towards 1.5532 – 1.5582 before a 3 waves pullback. Near term, pair […]

Best reading of Elliott wave cycle suggests decline to 1.545 ended wave “A” and bounce to 1.582 ended wave “B”. Wave “C” is in progress as 5 waves where wave ((i)) ended at 1.549, wave ((ii)) ended at 1.579, wave ((iii)) ended at 1.516, and wave ((iv)) is in progress towards 1.53 – 1.539 area before turning […]

In this technical blog we’re going to explain what Elliott Wave Flat Pattern should look like. Flat pattern is corrective structure which could be often seen in the market nowadays.There are 3 types of Flats:  Regular,  Expanded and Running flat. In this technical blog we’re going to run through the Regular flat example. At the […]