Elliott Wave Journal: Market Structure, Trends & Trade Ideas
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Since the crash of March 2020, all stocks have tried to recover what they lost and P&G was no exception. P&G did not only recover the lost, but It also…
Since February 24/2021, GBPCAD has been trending to the downside. To determine if a market is trending, price action must be forming higher highs/higher lows in an uptrend and lower…
The stock market has always been volatile. Economic ups and downs, political activities, and changes in government rules and regulations always give a jolt to the stock market. In addition…
Rally from September 21, 2020 low in $GBPJPY is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 21, 2020 low, wave (1) ended at 140.7 and…
DAX Short term Elliott Wave View suggests that the rally from January 28, 2021 low is unfolding as a 5 waves impulsive Elliott Wave structure. The Index ended wave 3…
EURCAD Found sellers in the blue box, and reacts lower. The 1 hour EURCAD chart below is from 3/23/2021 Asia update. In it, we see continuation of clear impulse wave in black…
Short term Elliott Wave View suggests that the rally from September 25 low is unfolding as a 5 waves impulsive Elliott Wave structure. 30 minutes chart below shows wave (3)…
Are $TLT Long Term Cycles Ready To Turn Higher? Firstly the ETF fund TLT inception date was on July 22, 2002. This instrument seeks to track the investment results of an index…
Short term Elliott Wave View suggests that the decline to 222.47 ended wave (2). The stock has started wave (3) higher but still needs to break above wave (1) at…