GBPUSD decline from Dec 13, 2019 high is unfolding as Elliott Wave impulse structure and while bounce stays below there, pair can see more downside.

In this blog, we will take a look at the recent price action of USDSEK since we published the short-term view for this pair in Chart of the day on 12.6.2019  Pair was showing an incomplete sequence down from 10.9.2019 (9.964) peak against 11.13.2019 (9.765) and was calling for more downside toward 9.3527 – 9.2549 […]

Shopify (NYSE: SHOP) surged higher this year after a strong Breakout of a Bullish Flag which allowed the stock to rally almost 200%. Despite the 40% correction that took place since August, SHOP managed to recover and it’s currently retesting the previous peak aiming for a break to new all time-highs. The short term cycle taking […]

Similar to most instrument within the energy sector, Chevron (ticker: $CVX) is trading sideways to lower since the peak on 04.08.2019. $CVX is showing a five waves advance since the lows at $69.65, which happened on 08.24.2015. This low is also the same low in Crude Oil, which we believe ended the Grand Super cycle […]