Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of USDJPY published in members area of the website.  As our members know USDJPY  has recently  made pull back that has unfolded as Elliott Wave Double Three Pattern. It made clear 7 swings from the November […]

The Elliott Wave Theory’s main pattern has a five-waves advance and three-waves pullback. The Theory explains that the market moves in sequences of five waves starting from the lower  Subminutte to the higher Grand Super Cycle degree. Long-time investors look for higher degrees of correction to enter the Market. The higher degrees provide higher risk […]

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Exxon Mobil Corp ($XOM). The rally from 11.16.2023 low at $101.15 unfolded as a 5 wave impulse. So, we expected the pullback to unfold in 3 swings and find buyers again. We will explain the […]

Key Content: What is Technical Analysis? Key Concepts in Technical Analysis Why use Technical Analysis? Key Assumptions of Technical Analysis The Benefits of Technical Analysis The Disadvantages of Technical Analysis Technical Analysis in Forex Trading Different Types of Charts Used in Forex Technical Analysis Time Frames Used in Forex Trading Technical Analysis in Stock Trading […]