Recovery from 1.4468 low is still in progress. 1.4828 was the end of wave A and dip to 1.4630 was wave B. Pair can reach as high as 1.4864 – 1.4879 to complete wave (( a )) before we get a pull back in wave (( b )) and higher again. We don’t like selling […]

$SPX turned lower sharply after making marginal new highs to 1897. Members knew this drop was coming and they had to exit the longs and wait for the dip to get long again. Let’s take a look at Elliott wave analysis from members area to see how it all unfolded and how Index reached the […]

Preferred Elliott wave view is that pair is dropping in a corrective manner from 96.51 high. Initial drop to 94.96 was wave (( w )), recovery to 96.22 was wave (( x )) and pair is currently in wave (( y )). We have already seen waves (( a )) and (( b )) of […]

In this video, we take a look at zig-zag structure and equal legs. GBPUSD move up from 1.6456 is in 3 waves, dip to 1.6550 was wave (( b )) and pair is now looking for equal legs (1.6779) – 1.236 ext (1.6833) area where we expect the current cycle to end and a 3 […]