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FTSE Elliott Wave Zigzag Decline in Progress
Read MoreFTSE is correcting cycle from 10.13.2022 low in 3, 7, or 11 swing before the rally resumes. This article looks at the Elliott Wave path.
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USDCAD Producing A Strong Reaction Higher From Equal Legs Area
Read MoreIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of USDCAD. In, the rally from 15 November 2022 low unfolded in a corrective sequence but provided an extreme trading opportunity. In this case, the pullback managed to reach the equal legs area & provided a buying opportunity. So, […]
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$TPR: Luxury Fashion Stock Tapestry Reacting Higher from Buying Area
Read MoreTapestry, Inc. (formerly: Coach, Inc.) is a multinational luxury fashion holding company based in New York City, USA. The parent company owns three brands: Coach New York, Kate Spade New York and Stuart Weitzman. The stock of the company being a component of the S&P500 index can be traded under ticker $TPR at NYSE. Currently, […]
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Elliott Wave View: Alphabet (GOOGL) Has Resumed the Next Leg Lower
Read MoreAlphabet (ticker: GOOGL) shows incomplete bearish sequence from 1.31.2022 earlier this year. It favors further downside to reach the extreme target of 61 – 72. Short term Elliott wave View in Alphabet (ticker: GOOGL) suggests that cycle from 12.1.2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 12.1.2022 high, […]