Short Term Elliott Wave in NFLX suggests that the Stock has completed a bearish sequence from 7.05.2024 high. The decline made a double correction Elliott Wave structure. Down from 7.05.2024 high, wave (W) ended at 600.00 low. Rally in wave (X) ended at 678.97 with internal subdivision as a zig zag correction structure. Up from […]

When I started out trading back in 2020, there was the allure of starting with a small amount of money and turning it into a large fortune. Since then I have learned several ways of starting with a small amount of money, and growing it exponentially, without having to deal with the Pattern Day Trader […]

Short Term Elliott Wave USDJPY suggests that the pair is developing a bearish sequence from 07.03.2024 high. The decline made a double correction Elliott Wave structure. Down from 07.03.2024 high, wave A ended at 155.36 low. Rally in wave B ended at 157.86 high with internal subdivision as zig zag structure. Then, the pair resuming lower […]

If you’re new to Elliott Wave, you may be asking: How do I tell if a wave is over when there’s so much price movement? One tool, in addition to trendlines, is to use Relative Strength Index (RSI). Relative Strength Index The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the […]