Short term Elliott wave count suggests that rally to 104.33 ended wave W. Decline from there is unfolding as a double three where wave ((w)) ended at 101.18 and wave ((x)) ended at 103.35. Short term, while bounces stay below 103.35, and more importantly below 104.33, expect more downside towards 100.94 – 101.4 area initially, followed by 99.47 […]

$GBPCHF Hello fellow traders, in this technical blog we’re going take a look at the short term Elliott Wave analysis of $GBPCHF currency pair. In the larger time frames we see the pair reached the extreme area in the daily cycle from the last year’s peak (19th November). It hit the important tech zone at 1.2444 […]

Short term Elliott wave count suggests that decline to 386.6 ended wave ((w)). Rally from there is unfolding as a double three where wave (w) ended at 406.6 and wave (x) pullback ended at 396.6. Short term, while pullbacks stay above 402.6, and more importantly above 396.6, expect more upside towards 416.5 – 421.3 area to complete wave ((x)) […]

Bitcoin is a digital currency distributed worldwide in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever : there is no government, company, or bank in charge of Bitcoin. […]